ONEWATER MARINE INC-CL A (ONEW) Stock Fundamental Analysis
NASDAQ:ONEW - Nasdaq - US68280L1017 - Common Stock - Currency: USD
Taking everything into account, ONEW scores 3 out of 10 in our fundamental rating. ONEW was compared to 124 industry peers in the Specialty Retail industry. ONEW may be in some trouble as it scores bad on both profitability and health. ONEW has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ONEW had positive earnings in the past year.
In the past year ONEW had a positive cash flow from operations.
In multiple years ONEW reported negative net income over the last 5 years.
Of the past 5 years ONEW 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ONEW (-0.71%) is comparable to the rest of the industry.
With a Return On Equity value of -2.77%, ONEW perfoms like the industry average, outperforming 49.19% of the companies in the same industry.
ONEW's Return On Invested Capital of 3.18% is in line compared to the rest of the industry. ONEW outperforms 52.42% of its industry peers.
ONEW had an Average Return On Invested Capital over the past 3 years of 9.16%. This is below the industry average of 11.79%.
The last Return On Invested Capital (3.18%) for ONEW is well below the 3 year average (9.16%), which needs to be investigated, but indicates that ONEW had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.71% | ||
| ROE | -2.77% | ||
| ROIC | 3.18% |
ROA(3y)2.03%
ROA(5y)4.17%
ROE(3y)7.21%
ROE(5y)14.16%
ROIC(3y)9.16%
ROIC(5y)13.01%
1.3 Margins
Looking at the Operating Margin, with a value of 3.08%, ONEW is in line with its industry, outperforming 57.26% of the companies in the same industry.
ONEW's Operating Margin has declined in the last couple of years.
ONEW has a Gross Margin of 23.20%. This is in the lower half of the industry: ONEW underperforms 74.19% of its industry peers.
In the last couple of years the Gross Margin of ONEW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.08% | ||
| PM (TTM) | N/A | ||
| GM | 23.2% |
OM growth 3Y-27.84%
OM growth 5Y-7.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.53%
GM growth 5Y1.83%
2. Health
2.1 Basic Checks
ONEW 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 ONEW has been increased compared to 1 year ago.
Compared to 5 years ago, ONEW has more shares outstanding
The debt/assets ratio for ONEW has been reduced compared to a year ago.
2.2 Solvency
ONEW has an Altman-Z score of 1.68. This is a bad value and indicates that ONEW is not financially healthy and even has some risk of bankruptcy.
ONEW has a worse Altman-Z score (1.68) than 62.90% of its industry peers.
ONEW has a debt to FCF ratio of 8.91. This is a slightly negative value and a sign of low solvency as ONEW would need 8.91 years to pay back of all of its debts.
With a Debt to FCF ratio value of 8.91, ONEW perfoms like the industry average, outperforming 55.65% of the companies in the same industry.
ONEW has a Debt/Equity ratio of 2.08. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ONEW (2.08) is worse than 69.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.08 | ||
| Debt/FCF | 8.91 | ||
| Altman-Z | 1.68 |
ROIC/WACC0.36
WACC8.75%
2.3 Liquidity
A Current Ratio of 1.23 indicates that ONEW should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.23, ONEW is in line with its industry, outperforming 41.94% of the companies in the same industry.
A Quick Ratio of 0.37 indicates that ONEW may have some problems paying its short term obligations.
ONEW has a Quick ratio of 0.37. This is in the lower half of the industry: ONEW underperforms 60.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
The earnings per share for ONEW have decreased strongly by -98.86% in the last year.
ONEW shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -47.90% yearly.
The Revenue has decreased by -3.02% in the past year.
The Revenue has been growing by 18.22% on average over the past years. This is quite good.
EPS 1Y (TTM)-98.86%
EPS 3Y-47.9%
EPS 5YN/A
EPS Q2Q%-24.76%
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y13.01%
Revenue growth 5Y18.22%
Sales Q2Q%1.92%
3.2 Future
Based on estimates for the next years, ONEW will show a very strong growth in Earnings Per Share. The EPS will grow by 50.27% on average per year.
Based on estimates for the next years, ONEW will show a small growth in Revenue. The Revenue will grow by 0.94% on average per year.
EPS Next Y-18.82%
EPS Next 2Y27.26%
EPS Next 3Y50.27%
EPS Next 5YN/A
Revenue Next Year-2.97%
Revenue Next 2Y0.19%
Revenue Next 3Y0.94%
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 826.00 indicates a quite expensive valuation of ONEW.
ONEW's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.85. ONEW is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 10.41 indicates a reasonable valuation of ONEW.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ONEW indicates a somewhat cheap valuation: ONEW is cheaper than 79.84% of the companies listed in the same industry.
ONEW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 826 | ||
| Fwd PE | 10.41 |
4.2 Price Multiples
ONEW's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ONEW is cheaper than 68.55% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ONEW is valued cheaply inside the industry as 96.77% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.81 | ||
| EV/EBITDA | 7.88 |
4.3 Compensation for Growth
ONEW's earnings are expected to grow with 50.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y27.26%
EPS Next 3Y50.27%
5. Dividend
5.1 Amount
No dividends for ONEW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.52
-0.63 (-3.67%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners74.54%
Inst Owner Change2.75%
Ins Owners29.07%
Ins Owner Change0.29%
Market Cap269.44M
Analysts78.18
Price Target17.68 (7.02%)
Short Float %26.61%
Short Ratio20.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-46.69%
Min EPS beat(2)-67.49%
Max EPS beat(2)-25.88%
EPS beat(4)1
Avg EPS beat(4)-90.92%
Min EPS beat(4)-307.61%
Max EPS beat(4)37.3%
EPS beat(8)1
Avg EPS beat(8)-61.01%
EPS beat(12)1
Avg EPS beat(12)-51.39%
EPS beat(16)5
Avg EPS beat(16)-34.31%
Revenue beat(2)1
Avg Revenue beat(2)-1.22%
Min Revenue beat(2)-4.76%
Max Revenue beat(2)2.31%
Revenue beat(4)2
Avg Revenue beat(4)-1.41%
Min Revenue beat(4)-12.03%
Max Revenue beat(4)8.83%
Revenue beat(8)3
Avg Revenue beat(8)-2.34%
Revenue beat(12)4
Avg Revenue beat(12)-2.61%
Revenue beat(16)6
Avg Revenue beat(16)-0.1%
PT rev (1m)3.48%
PT rev (3m)-0.95%
EPS NQ rev (1m)4.59%
EPS NQ rev (3m)-68.56%
EPS NY rev (1m)0%
EPS NY rev (3m)1.96%
Revenue NQ rev (1m)6.67%
Revenue NQ rev (3m)1.54%
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)-0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 826 | ||
| Fwd PE | 10.41 | ||
| P/S | 0.15 | ||
| P/FCF | 2.81 | ||
| P/OCF | 2.47 | ||
| P/B | 0.69 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.88 |
EPS(TTM)0.02
EY0.12%
EPS(NY)1.59
Fwd EY9.61%
FCF(TTM)5.88
FCFY35.6%
OCF(TTM)6.69
OCFY40.51%
SpS109.75
BVpS24.11
TBVpS-8.78
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.71% | ||
| ROE | -2.77% | ||
| ROCE | 5.89% | ||
| ROIC | 3.18% | ||
| ROICexc | 3.35% | ||
| ROICexgc | 5.69% | ||
| OM | 3.08% | ||
| PM (TTM) | N/A | ||
| GM | 23.2% | ||
| FCFM | 5.36% |
ROA(3y)2.03%
ROA(5y)4.17%
ROE(3y)7.21%
ROE(5y)14.16%
ROIC(3y)9.16%
ROIC(5y)13.01%
ROICexc(3y)9.51%
ROICexc(5y)14.39%
ROICexgc(3y)18.12%
ROICexgc(5y)28.18%
ROCE(3y)15.76%
ROCE(5y)22.17%
ROICexcg growth 3Y-43.33%
ROICexcg growth 5Y-12.64%
ROICexc growth 3Y-40.59%
ROICexc growth 5Y-12.69%
OM growth 3Y-27.84%
OM growth 5Y-7.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.53%
GM growth 5Y1.83%
F-Score5
Asset Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.08 | ||
| Debt/FCF | 8.91 | ||
| Debt/EBITDA | 10.23 | ||
| Cap/Depr | 53.51% | ||
| Cap/Sales | 0.74% | ||
| Interest Coverage | 0.77 | ||
| Cash Conversion | 136.65% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | 1.68 |
F-Score5
WACC8.75%
ROIC/WACC0.36
Cap/Depr(3y)88.69%
Cap/Depr(5y)129.26%
Cap/Sales(3y)1.07%
Cap/Sales(5y)0.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-98.86%
EPS 3Y-47.9%
EPS 5YN/A
EPS Q2Q%-24.76%
EPS Next Y-18.82%
EPS Next 2Y27.26%
EPS Next 3Y50.27%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y13.01%
Revenue growth 5Y18.22%
Sales Q2Q%1.92%
Revenue Next Year-2.97%
Revenue Next 2Y0.19%
Revenue Next 3Y0.94%
Revenue Next 5YN/A
EBIT growth 1Y-47.37%
EBIT growth 3Y-18.45%
EBIT growth 5Y9.42%
EBIT Next Year-17.39%
EBIT Next 3Y15.77%
EBIT Next 5YN/A
FCF growth 1Y146.64%
FCF growth 3Y-60.92%
FCF growth 5YN/A
OCF growth 1Y157.78%
OCF growth 3Y-39.76%
OCF growth 5YN/A