MARINEMAX INC (HZO) Stock Fundamental Analysis
NYSE:HZO - US5679081084 - Common Stock
26.56 USD
+0.45 (+1.72%)
HZO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 123 industry peers in the Specialty Retail industry. There are concerns on the financial health of HZO while its profitability can be described as average. HZO is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
HZO had positive earnings in the past year.
HZO had a positive operating cash flow in the past year.
HZO had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: HZO reported negative operating cash flow in multiple years.
1.2 Ratios
HZO has a Return On Assets of -1.08%. This is comparable to the rest of the industry: HZO outperforms 42.28% of its industry peers.
With a Return On Equity value of -2.85%, HZO perfoms like the industry average, outperforming 47.97% of the companies in the same industry.
HZO has a Return On Invested Capital (3.78%) which is comparable to the rest of the industry.
HZO had an Average Return On Invested Capital over the past 3 years of 9.69%. This is below the industry average of 12.10%.
The 3 year average ROIC (9.69%) for HZO is well above the current ROIC(3.78%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.08% | ||
| ROE | -2.85% | ||
| ROIC | 3.78% |
ROA(3y)6.87%
ROA(5y)9.12%
ROE(3y)13.71%
ROE(5y)16.71%
ROIC(3y)9.69%
ROIC(5y)12.16%
1.3 Margins
In the last couple of years the Profit Margin of HZO has declined.
With a decent Operating Margin value of 5.00%, HZO is doing good in the industry, outperforming 67.48% of the companies in the same industry.
In the last couple of years the Operating Margin of HZO has grown nicely.
HZO has a Gross Margin of 32.41%. This is comparable to the rest of the industry: HZO outperforms 40.65% of its industry peers.
In the last couple of years the Gross Margin of HZO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5% | ||
| PM (TTM) | N/A | ||
| GM | 32.41% |
OM growth 3Y-19.61%
OM growth 5Y1.53%
PM growth 3Y-40.71%
PM growth 5Y-11.66%
GM growth 3Y1.03%
GM growth 5Y4.78%
2. Health
2.1 Basic Checks
HZO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for HZO has been increased compared to 1 year ago.
The number of shares outstanding for HZO has been increased compared to 5 years ago.
HZO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.82 indicates that HZO is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.82, HZO perfoms like the industry average, outperforming 43.90% of the companies in the same industry.
HZO has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.17, HZO is not doing good in the industry: 61.79% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.82 |
ROIC/WACC0.41
WACC9.2%
2.3 Liquidity
A Current Ratio of 1.21 indicates that HZO should not have too much problems paying its short term obligations.
The Current ratio of HZO (1.21) is worse than 60.98% of its industry peers.
A Quick Ratio of 0.29 indicates that HZO may have some problems paying its short term obligations.
With a Quick ratio value of 0.29, HZO is not doing good in the industry: 74.80% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
HZO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -56.03%.
The Earnings Per Share has been growing slightly by 5.01% on average over the past years.
The Revenue has decreased by -5.78% in the past year.
HZO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.46% yearly.
EPS 1Y (TTM)-56.03%
EPS 3Y-32.09%
EPS 5Y5.01%
EPS Q2Q%-67.55%
Revenue 1Y (TTM)-5.78%
Revenue growth 3Y5.62%
Revenue growth 5Y14.46%
Sales Q2Q%-13.27%
3.2 Future
The Earnings Per Share is expected to grow by 9.17% on average over the next years. This is quite good.
HZO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.34% yearly.
EPS Next Y-63.32%
EPS Next 2Y-6%
EPS Next 3Y9.17%
EPS Next 5YN/A
Revenue Next Year-6.7%
Revenue Next 2Y-1.57%
Revenue Next 3Y0.34%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 23.50 indicates a rather expensive valuation of HZO.
Based on the Price/Earnings ratio, HZO is valued a bit cheaper than 69.11% of the companies in the same industry.
HZO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
HZO is valuated correctly with a Price/Forward Earnings ratio of 14.18.
HZO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HZO is cheaper than 73.98% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.63. HZO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.5 | ||
| Fwd PE | 14.18 |
4.2 Price Multiples
HZO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HZO is cheaper than 91.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.94 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)4.69
EPS Next 2Y-6%
EPS Next 3Y9.17%
5. Dividend
5.1 Amount
No dividends for HZO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:HZO (9/5/2025, 11:15:35 AM)
26.56
+0.45 (+1.72%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners95.79%
Inst Owner Change-0.78%
Ins Owners3.04%
Ins Owner Change-5.59%
Market Cap569.98M
Analysts81.67
Price Target34.34 (29.29%)
Short Float %18.09%
Short Ratio9.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.16%
Min EPS beat(2)-59.12%
Max EPS beat(2)83.44%
EPS beat(4)2
Avg EPS beat(4)48.21%
Min EPS beat(4)-59.12%
Max EPS beat(4)189.48%
EPS beat(8)3
Avg EPS beat(8)6.98%
EPS beat(12)5
Avg EPS beat(12)4.55%
EPS beat(16)9
Avg EPS beat(16)9.43%
Revenue beat(2)1
Avg Revenue beat(2)-2.21%
Min Revenue beat(2)-12.47%
Max Revenue beat(2)8.06%
Revenue beat(4)1
Avg Revenue beat(4)-3.31%
Min Revenue beat(4)-12.47%
Max Revenue beat(4)8.06%
Revenue beat(8)4
Avg Revenue beat(8)-0.15%
Revenue beat(12)6
Avg Revenue beat(12)-0.01%
Revenue beat(16)8
Avg Revenue beat(16)-0.32%
PT rev (1m)-0.56%
PT rev (3m)0.71%
EPS NQ rev (1m)-191.01%
EPS NQ rev (3m)-128.99%
EPS NY rev (1m)-59.25%
EPS NY rev (3m)-58.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.86%
Revenue NY rev (1m)-1.37%
Revenue NY rev (3m)-4.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.5 | ||
| Fwd PE | 14.18 | ||
| P/S | 0.25 | ||
| P/FCF | N/A | ||
| P/OCF | 53.91 | ||
| P/B | 0.61 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 4.94 |
EPS(TTM)1.13
EY4.25%
EPS(NY)1.87
Fwd EY7.05%
FCF(TTM)-2.5
FCFYN/A
OCF(TTM)0.49
OCFY1.85%
SpS108.12
BVpS43.83
TBVpS17.55
PEG (NY)N/A
PEG (5Y)4.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.08% | ||
| ROE | -2.85% | ||
| ROCE | 7.75% | ||
| ROIC | 3.78% | ||
| ROICexc | 4.06% | ||
| ROICexgc | 5.57% | ||
| OM | 5% | ||
| PM (TTM) | N/A | ||
| GM | 32.41% | ||
| FCFM | N/A |
ROA(3y)6.87%
ROA(5y)9.12%
ROE(3y)13.71%
ROE(5y)16.71%
ROIC(3y)9.69%
ROIC(5y)12.16%
ROICexc(3y)11.72%
ROICexc(5y)15.7%
ROICexgc(3y)16.73%
ROICexgc(5y)22.44%
ROCE(3y)16.44%
ROCE(5y)19.71%
ROICexcg growth 3Y-46.03%
ROICexcg growth 5Y-2.42%
ROICexc growth 3Y-44.7%
ROICexc growth 5Y-7.52%
OM growth 3Y-19.61%
OM growth 5Y1.53%
PM growth 3Y-40.71%
PM growth 5Y-11.66%
GM growth 3Y1.03%
GM growth 5Y4.78%
F-Score4
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.72 | ||
| Cap/Depr | 134.26% | ||
| Cap/Sales | 2.77% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 6.45% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | 1.82 |
F-Score4
WACC9.2%
ROIC/WACC0.41
Cap/Depr(3y)198.93%
Cap/Depr(5y)172.82%
Cap/Sales(3y)2.58%
Cap/Sales(5y)1.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-56.03%
EPS 3Y-32.09%
EPS 5Y5.01%
EPS Q2Q%-67.55%
EPS Next Y-63.32%
EPS Next 2Y-6%
EPS Next 3Y9.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.78%
Revenue growth 3Y5.62%
Revenue growth 5Y14.46%
Sales Q2Q%-13.27%
Revenue Next Year-6.7%
Revenue Next 2Y-1.57%
Revenue Next 3Y0.34%
Revenue Next 5YN/A
EBIT growth 1Y-14.52%
EBIT growth 3Y-15.1%
EBIT growth 5Y16.21%
EBIT Next Year-13.84%
EBIT Next 3Y9.34%
EBIT Next 5YN/A
FCF growth 1Y82.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y104.35%
OCF growth 3YN/A
OCF growth 5YN/A