LATHAM GROUP INC (SWIM)
US51819L1070 - Common Stock
SWIM gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 32 industry peers in the Leisure Products industry. The financial health of SWIM is average, but there are quite some concerns on its profitability. SWIM has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year SWIM was profitable.
SWIM had a positive operating cash flow in the past year.
In multiple years SWIM reported negative net income over the last 5 years.
In the past 5 years SWIM always reported a positive cash flow from operatings.
1.2 Ratios
SWIM has a Return On Assets (-0.29%) which is comparable to the rest of the industry.
SWIM's Return On Equity of -0.60% is in line compared to the rest of the industry. SWIM outperforms 51.61% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.71%, SWIM is in line with its industry, outperforming 45.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.29% | ||
| ROE | -0.6% | ||
| ROIC | 1.71% |
ROA(3y)-2.93%
ROA(5y)-0.98%
ROE(3y)-6.57%
ROE(5y)-1.69%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SWIM has a Operating Margin (2.86%) which is in line with its industry peers.
In the last couple of years the Operating Margin of SWIM has declined.
SWIM has a worse Gross Margin (26.99%) than 64.52% of its industry peers.
SWIM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.86% | ||
| PM (TTM) | N/A | ||
| GM | 26.99% |
OM growth 3Y-33.97%
OM growth 5Y-10.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.63%
GM growth 5Y-3.67%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SWIM is destroying value.
SWIM has about the same amout of shares outstanding than it did 1 year ago.
The debt/assets ratio for SWIM is higher compared to a year ago.
2.2 Solvency
SWIM has an Altman-Z score of 1.26. This is a bad value and indicates that SWIM is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.26, SWIM is not doing good in the industry: 64.52% of the companies in the same industry are doing better.
SWIM has a debt to FCF ratio of 3.67. This is a good value and a sign of high solvency as SWIM would need 3.67 years to pay back of all of its debts.
The Debt to FCF ratio of SWIM (3.67) is comparable to the rest of the industry.
SWIM has a Debt/Equity ratio of 0.71. This is a neutral value indicating SWIM is somewhat dependend on debt financing.
SWIM has a worse Debt to Equity ratio (0.71) than 67.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 3.67 | ||
| Altman-Z | 1.26 |
ROIC/WACC0.17
WACC9.79%
2.3 Liquidity
SWIM has a Current Ratio of 2.77. This indicates that SWIM is financially healthy and has no problem in meeting its short term obligations.
SWIM has a Current ratio of 2.77. This is in the better half of the industry: SWIM outperforms 61.29% of its industry peers.
SWIM has a Quick Ratio of 1.64. This is a normal value and indicates that SWIM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of SWIM (1.64) is better than 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
SWIM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -69.57%.
The Revenue for SWIM has decreased by -18.58% in the past year. This is quite bad
The Revenue has been growing by 14.55% on average over the past years. This is quite good.
EPS 1Y (TTM)-69.57%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q200%
Revenue 1Y (TTM)-18.58%
Revenue growth 3Y11.98%
Revenue growth 5Y14.55%
Revenue growth Q2Q-15.79%
3.2 Future
Based on estimates for the next years, SWIM will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.46% on average per year.
Based on estimates for the next years, SWIM will show a small growth in Revenue. The Revenue will grow by 0.25% on average per year.
EPS Next Y-122.67%
EPS Next 2Y-52.73%
EPS Next 3Y9.46%
EPS Next 5YN/A
Revenue Next Year-10.11%
Revenue Next 2Y-2.04%
Revenue Next 3Y0.25%
Revenue Next 5YN/A
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
SWIM is valuated correctly with a Price/Earnings ratio of 12.36.
Based on the Price/Earnings ratio, SWIM is valued a bit cheaper than the industry average as 70.97% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 24.55, SWIM is valued a bit cheaper.
SWIM is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.36 | ||
| Fwd PE | N/A |
4.2 Price Multiples
67.74% of the companies in the same industry are more expensive than SWIM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, SWIM is valued cheaper than 93.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.6 | ||
| EV/EBITDA | 8.58 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-52.73%
EPS Next 3Y9.46%
5. Dividend
5.1 Amount
No dividends for SWIM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LATHAM GROUP INC
NASDAQ:SWIM (5/2/2024, 10:57:29 AM)
2.595
+0.12 (+4.64%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap299.44M
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 | 12.36 | ||
| Fwd PE | N/A | ||
| 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 | -0.29% | ||
| ROE | -0.6% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.86% | ||
| PM (TTM) | N/A | ||
| GM | 26.99% | ||
| 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 Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.64 | ||
| 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)-69.57%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-122.67%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-18.58%
Revenue growth 3Y11.98%
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