ONEWATER MARINE INC-CL A (ONEW)
US68280L1017 - Common Stock
We assign a fundamental rating of 3 out of 10 to ONEW. ONEW was compared to 126 industry peers in the Specialty Retail industry. ONEW has a medium profitability rating, but doesn't score so well on its financial health evaluation. ONEW is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ONEW was profitable.
In the past year ONEW has reported a negative cash flow from operations.
Of the past 5 years ONEW 4 years were profitable.
In multiple years ONEW reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of ONEW (-3.23%) is worse than 61.11% of its industry peers.
Looking at the Return On Equity, with a value of -15.48%, ONEW is in line with its industry, outperforming 40.48% of the companies in the same industry.
ONEW's Return On Invested Capital of 7.35% is fine compared to the rest of the industry. ONEW outperforms 62.70% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ONEW is in line with the industry average of 13.85%.
The last Return On Invested Capital (7.35%) for ONEW is well below the 3 year average (14.07%), which needs to be investigated, but indicates that ONEW had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.23% | ||
| ROE | -15.48% | ||
| ROIC | 7.35% |
ROA(3y)5.81%
ROA(5y)5.28%
ROE(3y)19.41%
ROE(5y)18.89%
ROIC(3y)14.07%
ROIC(5y)13.7%
1.3 Margins
ONEW has a better Operating Margin (7.60%) than 75.40% of its industry peers.
ONEW's Operating Margin has improved in the last couple of years.
ONEW's Gross Margin of 26.71% is on the low side compared to the rest of the industry. ONEW is outperformed by 72.22% of its industry peers.
In the last couple of years the Gross Margin of ONEW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.6% | ||
| PM (TTM) | N/A | ||
| GM | 26.71% |
OM growth 3Y-0.44%
OM growth 5Y2.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.28%
GM growth 5Y3.88%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ONEW is creating some value.
ONEW has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ONEW has been increased compared to 5 years ago.
ONEW has a worse debt/assets ratio than last year.
2.2 Solvency
ONEW has an Altman-Z score of 1.85. This is not the best score and indicates that ONEW is in the grey zone with still only limited risk for bankruptcy at the moment.
ONEW's Altman-Z score of 1.85 is on the low side compared to the rest of the industry. ONEW is outperformed by 65.87% of its industry peers.
A Debt/Equity ratio of 2.82 is on the high side and indicates that ONEW has dependencies on debt financing.
The Debt to Equity ratio of ONEW (2.82) is worse than 73.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.82 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.85 |
ROIC/WACC0.91
WACC8.12%
2.3 Liquidity
ONEW has a Current Ratio of 1.27. This is a normal value and indicates that ONEW is financially healthy and should not expect problems in meeting its short term obligations.
ONEW has a worse Current ratio (1.27) than 60.32% of its industry peers.
ONEW has a Quick Ratio of 1.27. This is a bad value and indicates that ONEW is not financially healthy enough and could expect problems in meeting its short term obligations.
ONEW has a worse Quick ratio (0.26) than 81.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
ONEW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.18%.
The Earnings Per Share has been growing by 9.27% on average over the past years. This is quite good.
Looking at the last year, ONEW shows a quite strong growth in Revenue. The Revenue has grown by 8.92% in the last year.
The Revenue has been growing by 26.29% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-57.18%
EPS 3Y9.27%
EPS 5YN/A
EPS growth Q2Q-162.3%
Revenue 1Y (TTM)8.92%
Revenue growth 3Y23.7%
Revenue growth 5Y26.29%
Revenue growth Q2Q-0.73%
3.2 Future
The Earnings Per Share is expected to grow by 6.19% on average over the next years.
The Revenue is expected to grow by 3.55% on average over the next years.
EPS Next Y-22.56%
EPS Next 2Y-3.29%
EPS Next 3Y6.19%
EPS Next 5YN/A
Revenue Next Year2.63%
Revenue Next 2Y3.47%
Revenue Next 3Y3.55%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.19 indicates a rather cheap valuation of ONEW.
99.21% of the companies in the same industry are more expensive than ONEW, based on the Price/Earnings ratio.
ONEW's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.84.
ONEW is valuated cheaply with a Price/Forward Earnings ratio of 5.18.
Based on the Price/Forward Earnings ratio, ONEW is valued cheaply inside the industry as 99.21% of the companies are valued more expensively.
ONEW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.19 | ||
| Fwd PE | 5.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ONEW is valued cheaply inside the industry as 92.06% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.33 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.29%
EPS Next 3Y6.19%
5. Dividend
5.1 Amount
ONEW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ONEWATER MARINE INC-CL A
NASDAQ:ONEW (4/29/2024, 3:02:09 PM)
After market: 21.96 -0.03 (-0.14%)21.99
+0.02 (+0.09%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap351.84M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.19 | ||
| Fwd PE | 5.18 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.23% | ||
| ROE | -15.48% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.6% | ||
| PM (TTM) | N/A | ||
| GM | 26.71% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.82 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.27 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-57.18%
EPS 3Y9.27%
EPS 5Y
EPS growth Q2Q
EPS Next Y-22.56%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)8.92%
Revenue growth 3Y23.7%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y