VISION MARINE TECHNOLOGIES (VMAR)
CAC966571167 - Common Stock
Taking everything into account, VMAR scores 2 out of 10 in our fundamental rating. VMAR was compared to 32 industry peers in the Leisure Products industry. Both the profitability and financial health of VMAR have multiple concerns. VMAR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VMAR has reported negative net income.
In the past year VMAR has reported a negative cash flow from operations.
In the past 5 years VMAR reported 4 times negative net income.
VMAR had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VMAR (-69.24%) is worse than 90.32% of its industry peers.
Looking at the Return On Equity, with a value of -230.90%, VMAR is doing worse than 87.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -69.24% | ||
| ROE | -230.9% | ||
| ROIC | N/A |
ROA(3y)-56.94%
ROA(5y)-44.32%
ROE(3y)-93.41%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 39.64%, VMAR is in the better half of the industry, outperforming 70.97% of the companies in the same industry.
In the last couple of years the Gross Margin of VMAR has declined.
VMAR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 39.64% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.21%
GM growth 5Y-7.09%
2. Health
2.1 Basic Checks
VMAR does not have a ROIC to compare to the WACC, probably because it is not profitable.
VMAR has more shares outstanding than it did 1 year ago.
The debt/assets ratio for VMAR is higher compared to a year ago.
2.2 Solvency
VMAR has an Altman-Z score of -4.79. This is a bad value and indicates that VMAR is not financially healthy and even has some risk of bankruptcy.
VMAR has a worse Altman-Z score (-4.79) than 90.32% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that VMAR is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, VMAR is in line with its industry, outperforming 54.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -4.79 |
ROIC/WACCN/A
WACC8.07%
2.3 Liquidity
VMAR has a Current Ratio of 2.05. This indicates that VMAR is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of VMAR (2.05) is worse than 87.10% of its industry peers.
VMAR has a Quick Ratio of 1.10. This is a normal value and indicates that VMAR is financially healthy and should not expect problems in meeting its short term obligations.
VMAR's Quick ratio of 1.10 is on the low side compared to the rest of the industry. VMAR is outperformed by 77.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
VMAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.89%, which is quite impressive.
The Revenue for VMAR has decreased by -32.61% in the past year. This is quite bad
Measured over the past years, VMAR shows a very strong growth in Revenue. The Revenue has been growing by 34.79% on average per year.
EPS 1Y (TTM)40.89%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q6.69%
Revenue 1Y (TTM)-32.61%
Revenue growth 3Y32.66%
Revenue growth 5Y34.79%
Revenue growth Q2Q-12.22%
3.2 Future
VMAR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.52% yearly.
VMAR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 121.64% yearly.
EPS Next Y38.72%
EPS Next 2Y12.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year129.93%
Revenue Next 2Y121.64%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for VMAR. In the last year negative earnings were reported.
Also next year VMAR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as VMAR's earnings are expected to grow with 12.52% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y12.52%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for VMAR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
VISION MARINE TECHNOLOGIES
NASDAQ:VMAR (4/26/2024, 7:22:49 PM)
0.5981
+0.04 (+6.23%)
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 Cap6.97M
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 | N/A | ||
| 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 | -69.24% | ||
| ROE | -230.9% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 39.64% | ||
| 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 Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.1 | ||
| 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)40.89%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y38.72%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-32.61%
Revenue growth 3Y32.66%
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