LAZYDAYS HOLDINGS INC (LAZY) Stock Fundamental Analysis
NASDAQ:LAZY - Nasdaq - US52110H1005 - Common Stock - Currency: USD
We assign a fundamental rating of 2 out of 10 to LAZY. LAZY was compared to 122 industry peers in the Specialty Retail industry. Both the profitability and financial health of LAZY have multiple concerns. LAZY is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
LAZY had negative earnings in the past year.
In the past year LAZY has reported a negative cash flow from operations.
In multiple years LAZY reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: LAZY reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.93%, LAZY is in line with its industry, outperforming 44.53% of the companies in the same industry.
LAZY has a Return On Equity (-2.65%) which is in line with its industry peers.
LAZY has a Return On Invested Capital of 2.00%. This is comparable to the rest of the industry: LAZY outperforms 46.09% of its industry peers.
LAZY had an Average Return On Invested Capital over the past 3 years of 11.29%. This is in line with the industry average of 12.95%.
The 3 year average ROIC (11.29%) for LAZY is well above the current ROIC(2.00%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.93% | ||
| ROE | -2.65% | ||
| ROIC | 2% |
ROA(3y)6.78%
ROA(5y)3.63%
ROE(3y)18.86%
ROE(5y)9.97%
ROIC(3y)11.29%
ROIC(5y)7.98%
1.3 Margins
LAZY has a Operating Margin of 2.00%. This is comparable to the rest of the industry: LAZY outperforms 48.44% of its industry peers.
LAZY's Operating Margin has improved in the last couple of years.
LAZY has a worse Gross Margin (21.31%) than 79.69% of its industry peers.
In the last couple of years the Gross Margin of LAZY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2% | ||
| PM (TTM) | N/A | ||
| GM | 21.31% |
OM growth 3Y49.68%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.51%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LAZY is creating some value.
LAZY has less shares outstanding than it did 1 year ago.
LAZY has a worse debt/assets ratio than last year.
2.2 Solvency
LAZY has an Altman-Z score of 1.72. This is a bad value and indicates that LAZY is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.72, LAZY is doing worse than 66.41% of the companies in the same industry.
LAZY has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
LAZY has a Debt to Equity ratio of 1.13. This is comparable to the rest of the industry: LAZY outperforms 40.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.72 |
ROIC/WACC0.31
WACC6.54%
2.3 Liquidity
A Current Ratio of 1.16 indicates that LAZY should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.16, LAZY is doing worse than 75.00% of the companies in the same industry.
A Quick Ratio of 0.17 indicates that LAZY may have some problems paying its short term obligations.
LAZY has a Quick ratio of 0.17. This is amonst the worse of the industry: LAZY underperforms 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
The earnings per share for LAZY have decreased strongly by -125.00% in the last year.
Looking at the last year, LAZY shows a very negative growth in Revenue. The Revenue has decreased by -19.76% in the last year.
Measured over the past years, LAZY shows a very strong growth in Revenue. The Revenue has been growing by 27.19% on average per year.
EPS 1Y (TTM)-125%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-237.14%
Revenue 1Y (TTM)-19.76%
Revenue growth 3Y27.19%
Revenue growth 5YN/A
Sales Q2Q%-15.91%
3.2 Future
Based on estimates for the next years, LAZY will show a very negative growth in Earnings Per Share. The EPS will decrease by -53.20% on average per year.
Based on estimates for the next years, LAZY will show a small growth in Revenue. The Revenue will grow by 4.64% on average per year.
EPS Next Y-132.7%
EPS Next 2Y-47.05%
EPS Next 3Y-53.2%
EPS Next 5YN/A
Revenue Next Year-18.93%
Revenue Next 2Y-8.47%
Revenue Next 3Y-2.67%
Revenue Next 5Y4.64%
3.3 Evolution
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
LAZY reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for LAZY. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LAZY indicates a rather cheap valuation: LAZY is cheaper than 96.09% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 1.76 |
4.3 Compensation for Growth
A cheap valuation may be justified as LAZY's earnings are expected to decrease with -53.20% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-47.05%
EPS Next 3Y-53.2%
5. Dividend
5.1 Amount
LAZY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.34
-0.21 (-3.78%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners70.7%
Inst Owner Change0%
Ins Owners8.11%
Ins Owner Change0%
Market Cap74.92M
Analysts80
Price Target10.46 (95.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.4
Dividend Growth(5Y)N/A
DP-56.47%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-289.92%
Min EPS beat(2)-586.8%
Max EPS beat(2)6.95%
EPS beat(4)1
Avg EPS beat(4)-264.6%
Min EPS beat(4)-586.8%
Max EPS beat(4)6.95%
EPS beat(8)1
Avg EPS beat(8)-143.7%
EPS beat(12)3
Avg EPS beat(12)-96.67%
EPS beat(16)4
Avg EPS beat(16)-74.39%
Revenue beat(2)0
Avg Revenue beat(2)-7.34%
Min Revenue beat(2)-10.61%
Max Revenue beat(2)-4.07%
Revenue beat(4)0
Avg Revenue beat(4)-8.47%
Min Revenue beat(4)-17.55%
Max Revenue beat(4)-1.65%
Revenue beat(8)2
Avg Revenue beat(8)-3.74%
Revenue beat(12)4
Avg Revenue beat(12)0.38%
Revenue beat(16)5
Avg Revenue beat(16)0.5%
PT rev (1m)-2.38%
PT rev (3m)-31.67%
EPS NQ rev (1m)-10.71%
EPS NQ rev (3m)-132.5%
EPS NY rev (1m)33%
EPS NY rev (3m)-243.59%
Revenue NQ rev (1m)-1.02%
Revenue NQ rev (3m)-9.79%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-4.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.07 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.23 | ||
| P/tB | 0.55 | ||
| EV/EBITDA | 1.76 |
EPS(TTM)-0.77
EYN/A
EPS(NY)-0.34
Fwd EYN/A
FCF(TTM)-8.19
FCFYN/A
OCF(TTM)-1.72
OCFYN/A
SpS80.42
BVpS22.87
TBVpS9.71
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.93% | ||
| ROE | -2.65% | ||
| ROCE | 4.3% | ||
| ROIC | 2% | ||
| ROICexc | 2.08% | ||
| ROICexgc | 2.68% | ||
| OM | 2% | ||
| PM (TTM) | N/A | ||
| GM | 21.31% | ||
| FCFM | N/A |
ROA(3y)6.78%
ROA(5y)3.63%
ROE(3y)18.86%
ROE(5y)9.97%
ROIC(3y)11.29%
ROIC(5y)7.98%
ROICexc(3y)13.16%
ROICexc(5y)9.2%
ROICexgc(3y)19.35%
ROICexgc(5y)13.5%
ROCE(3y)22.63%
ROCE(5y)16.15%
ROICexcg growth 3Y43.42%
ROICexcg growth 5YN/A
ROICexc growth 3Y49%
ROICexc growth 5YN/A
OM growth 3Y49.68%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.51%
GM growth 5YN/A
F-Score0
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.93 | ||
| Cap/Depr | 504.44% | ||
| Cap/Sales | 8.05% | ||
| Interest Coverage | 1.81 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 1.72 |
F-Score0
WACC6.54%
ROIC/WACC0.31
Cap/Depr(3y)183.34%
Cap/Depr(5y)150.45%
Cap/Sales(3y)2.34%
Cap/Sales(5y)2.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-125%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-237.14%
EPS Next Y-132.7%
EPS Next 2Y-47.05%
EPS Next 3Y-53.2%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.76%
Revenue growth 3Y27.19%
Revenue growth 5YN/A
Sales Q2Q%-15.91%
Revenue Next Year-18.93%
Revenue Next 2Y-8.47%
Revenue Next 3Y-2.67%
Revenue Next 5Y4.64%
EBIT growth 1Y-80.16%
EBIT growth 3Y90.38%
EBIT growth 5YN/A
EBIT Next Year-80.63%
EBIT Next 3Y-13.28%
EBIT Next 5YN/A
FCF growth 1Y-494.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-143.5%
OCF growth 3YN/A
OCF growth 5YN/A