LATHAM GROUP INC (SWIM) Stock Fundamental Analysis
USA - NASDAQ:SWIM - US51819L1070 - Common Stock
7.4 USD
-0.13 (-1.73%)
7.4 USD
0 (0%)
Overall SWIM gets a fundamental rating of 3 out of 10. We evaluated SWIM against 33 industry peers in the Leisure Products industry. While SWIM seems to be doing ok healthwise, there are quite some concerns on its profitability. SWIM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SWIM has reported negative net income.
In the past year SWIM had a positive cash flow from operations.
In the past 5 years SWIM reported 4 times negative net income.
In the past 5 years SWIM always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.61%, SWIM is in line with its industry, outperforming 54.55% of the companies in the same industry.
SWIM has a Return On Equity (-3.33%) which is in line with its industry peers.
With a Return On Invested Capital value of 2.17%, SWIM perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SWIM is significantly below the industry average of 7.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.61% | ||
| ROE | -3.33% | ||
| ROIC | 2.17% |
ROA(3y)-1.06%
ROA(5y)-1.71%
ROE(3y)-2.23%
ROE(5y)-3.39%
ROIC(3y)2.63%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 3.86%, SWIM is in line with its industry, outperforming 57.58% of the companies in the same industry.
SWIM's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 32.00%, SWIM perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
In the last couple of years the Gross Margin of SWIM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.86% | ||
| PM (TTM) | N/A | ||
| GM | 32% |
OM growth 3YN/A
OM growth 5Y-16.82%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.27%
GM growth 5Y-0.42%
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 more shares outstanding than it did 1 year ago.
SWIM has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, SWIM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.03 indicates that SWIM is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.03, SWIM is in line with its industry, outperforming 45.45% of the companies in the same industry.
The Debt to FCF ratio of SWIM is 24.00, which is on the high side as it means it would take SWIM, 24.00 years of fcf income to pay off all of its debts.
SWIM has a Debt to FCF ratio (24.00) which is comparable to the rest of the industry.
SWIM has a Debt/Equity ratio of 0.70. This is a neutral value indicating SWIM is somewhat dependend on debt financing.
SWIM has a Debt to Equity ratio of 0.70. This is in the lower half of the industry: SWIM underperforms 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 24 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.2
WACC10.99%
2.3 Liquidity
SWIM has a Current Ratio of 2.39. This indicates that SWIM is financially healthy and has no problem in meeting its short term obligations.
SWIM has a Current ratio of 2.39. This is comparable to the rest of the industry: SWIM outperforms 54.55% of its industry peers.
A Quick Ratio of 1.51 indicates that SWIM should not have too much problems paying its short term obligations.
SWIM has a better Quick ratio (1.51) than 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
SWIM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -107.14%.
Measured over the past years, SWIM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -75.96% on average per year.
SWIM shows a decrease in Revenue. In the last year, the revenue decreased by -0.11%.
SWIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.84% yearly.
EPS 1Y (TTM)-107.14%
EPS 3Y-75.96%
EPS 5YN/A
EPS Q2Q%-20%
Revenue 1Y (TTM)-0.11%
Revenue growth 3Y-6.92%
Revenue growth 5Y9.84%
Sales Q2Q%7.82%
3.2 Future
The Earnings Per Share is expected to grow by 194.34% on average over the next years. This is a very strong growth
SWIM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.33% yearly.
EPS Next Y843.5%
EPS Next 2Y316.9%
EPS Next 3Y194.34%
EPS Next 5YN/A
Revenue Next Year7.46%
Revenue Next 2Y6.42%
Revenue Next 3Y6.33%
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.
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
SWIM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 42.58, which means the current valuation is very expensive for SWIM.
SWIM's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of SWIM to the average of the S&P500 Index (23.32), we can say SWIM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 42.58 |
4.2 Price Multiples
SWIM's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as SWIM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 72.69 | ||
| EV/EBITDA | 16.52 |
4.3 Compensation for Growth
SWIM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SWIM's earnings are expected to grow with 194.34% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y316.9%
EPS Next 3Y194.34%
5. Dividend
5.1 Amount
SWIM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.4
-0.13 (-1.73%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners88.97%
Inst Owner Change3.14%
Ins Owners7.48%
Ins Owner Change0.25%
Market Cap862.40M
Analysts80
Price Target7.82 (5.68%)
Short Float %4.15%
Short Ratio6.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)15.43%
Min EPS beat(2)-5.88%
Max EPS beat(2)36.75%
EPS beat(4)2
Avg EPS beat(4)-14.84%
Min EPS beat(4)-110.88%
Max EPS beat(4)36.75%
EPS beat(8)5
Avg EPS beat(8)62.45%
EPS beat(12)8
Avg EPS beat(12)48.28%
EPS beat(16)11
Avg EPS beat(16)62.21%
Revenue beat(2)0
Avg Revenue beat(2)-2.04%
Min Revenue beat(2)-2.41%
Max Revenue beat(2)-1.66%
Revenue beat(4)1
Avg Revenue beat(4)-1.74%
Min Revenue beat(4)-3.12%
Max Revenue beat(4)0.23%
Revenue beat(8)3
Avg Revenue beat(8)-0.2%
Revenue beat(12)6
Avg Revenue beat(12)1.06%
Revenue beat(16)9
Avg Revenue beat(16)0.99%
PT rev (1m)1.9%
PT rev (3m)8.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.76%
EPS NY rev (1m)-11.06%
EPS NY rev (3m)-14.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 42.58 | ||
| P/S | 1.65 | ||
| P/FCF | 72.69 | ||
| P/OCF | 26.54 | ||
| P/B | 2.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.52 |
EPS(TTM)-0.02
EYN/A
EPS(NY)0.17
Fwd EY2.35%
FCF(TTM)0.1
FCFY1.38%
OCF(TTM)0.28
OCFY3.77%
SpS4.48
BVpS3.42
TBVpS-0.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.61% | ||
| ROE | -3.33% | ||
| ROCE | 2.75% | ||
| ROIC | 2.17% | ||
| ROICexc | 2.26% | ||
| ROICexgc | 5.94% | ||
| OM | 3.86% | ||
| PM (TTM) | N/A | ||
| GM | 32% | ||
| FCFM | 2.27% |
ROA(3y)-1.06%
ROA(5y)-1.71%
ROE(3y)-2.23%
ROE(5y)-3.39%
ROIC(3y)2.63%
ROIC(5y)N/A
ROICexc(3y)2.84%
ROICexc(5y)N/A
ROICexgc(3y)7.54%
ROICexgc(5y)N/A
ROCE(3y)3.33%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-29.91%
ROICexc growth 3YN/A
ROICexc growth 5Y-16.75%
OM growth 3YN/A
OM growth 5Y-16.82%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.27%
GM growth 5Y-0.42%
F-Score4
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 24 | ||
| Debt/EBITDA | 4.08 | ||
| Cap/Depr | 42.46% | ||
| Cap/Sales | 3.95% | ||
| Interest Coverage | 0.86 | ||
| Cash Conversion | 47.28% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 2.03 |
F-Score4
WACC10.99%
ROIC/WACC0.2
Cap/Depr(3y)76.88%
Cap/Depr(5y)74.45%
Cap/Sales(3y)5.17%
Cap/Sales(5y)4.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-107.14%
EPS 3Y-75.96%
EPS 5YN/A
EPS Q2Q%-20%
EPS Next Y843.5%
EPS Next 2Y316.9%
EPS Next 3Y194.34%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.11%
Revenue growth 3Y-6.92%
Revenue growth 5Y9.84%
Sales Q2Q%7.82%
Revenue Next Year7.46%
Revenue Next 2Y6.42%
Revenue Next 3Y6.33%
Revenue Next 5YN/A
EBIT growth 1Y-25.45%
EBIT growth 3YN/A
EBIT growth 5Y-8.63%
EBIT Next Year324.2%
EBIT Next 3Y74.8%
EBIT Next 5YN/A
FCF growth 1Y-68.27%
FCF growth 3Y67.85%
FCF growth 5Y8.42%
OCF growth 1Y-61.18%
OCF growth 3Y22.09%
OCF growth 5Y11.45%