MARINEMAX INC (HZO) Stock Fundamental Analysis
USA - NYSE:HZO - US5679081084 - Common Stock
26.1 USD
-0.07 (-0.27%)
Taking everything into account, HZO scores 3 out of 10 in our fundamental rating. HZO was compared to 121 industry peers in the Specialty Retail industry. HZO has a medium profitability rating, but doesn't score so well on its financial health evaluation. HZO is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
HZO had positive earnings in the past year.
In the past year HZO had a positive cash flow from operations.
Each year in the past 5 years HZO has been profitable.
In multiple years HZO reported negative operating cash flow during the last 5 years.
1.2 Ratios
HZO has a Return On Assets (-1.08%) which is in line with its industry peers.
With a Return On Equity value of -2.85%, HZO perfoms like the industry average, outperforming 47.11% of the companies in the same industry.
HZO has a Return On Invested Capital of 3.78%. This is comparable to the rest of the industry: HZO outperforms 52.89% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HZO is below the industry average of 12.11%.
The last Return On Invested Capital (3.78%) for HZO is well below the 3 year average (9.69%), which needs to be investigated, but indicates that HZO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.08% | ||
| ROE | -2.85% | ||
| ROIC | 3.78% |
ROA(3y)6.87%
ROA(5y)9.12%
ROE(3y)13.71%
ROE(5y)16.71%
ROIC(3y)9.69%
ROIC(5y)12.16%
1.3 Margins
In the last couple of years the Profit Margin of HZO has declined.
HZO's Operating Margin of 5.00% is fine compared to the rest of the industry. HZO outperforms 67.77% of its industry peers.
In the last couple of years the Operating Margin of HZO has grown nicely.
Looking at the Gross Margin, with a value of 32.41%, HZO is doing worse than 60.33% of the companies in the same industry.
In the last couple of years the Gross Margin of HZO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5% | ||
| PM (TTM) | N/A | ||
| GM | 32.41% |
OM growth 3Y-19.61%
OM growth 5Y1.53%
PM growth 3Y-40.71%
PM growth 5Y-11.66%
GM growth 3Y1.03%
GM growth 5Y4.78%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HZO is creating some value.
HZO has more shares outstanding than it did 1 year ago.
The number of shares outstanding for HZO has been increased compared to 5 years ago.
HZO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.82 indicates that HZO is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of HZO (1.82) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.17 is on the high side and indicates that HZO has dependencies on debt financing.
HZO's Debt to Equity ratio of 1.17 is on the low side compared to the rest of the industry. HZO is outperformed by 61.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.82 |
ROIC/WACC0.41
WACC9.15%
2.3 Liquidity
HZO has a Current Ratio of 1.21. This is a normal value and indicates that HZO is financially healthy and should not expect problems in meeting its short term obligations.
HZO has a Current ratio of 1.21. This is in the lower half of the industry: HZO underperforms 61.16% of its industry peers.
HZO has a Quick Ratio of 1.21. This is a bad value and indicates that HZO is not financially healthy enough and could expect problems in meeting its short term obligations.
HZO has a Quick ratio of 0.29. This is in the lower half of the industry: HZO underperforms 76.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
HZO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -56.03%.
The Earnings Per Share has been growing slightly by 5.01% on average over the past years.
HZO shows a decrease in Revenue. In the last year, the revenue decreased by -5.78%.
Measured over the past years, HZO shows a quite strong growth in Revenue. The Revenue has been growing by 14.46% on average per year.
EPS 1Y (TTM)-56.03%
EPS 3Y-32.09%
EPS 5Y5.01%
EPS Q2Q%-67.55%
Revenue 1Y (TTM)-5.78%
Revenue growth 3Y5.62%
Revenue growth 5Y14.46%
Sales Q2Q%-13.27%
3.2 Future
HZO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.17% yearly.
The Revenue is expected to grow by 0.34% on average over the next years.
EPS Next Y-63.32%
EPS Next 2Y-6%
EPS Next 3Y9.17%
EPS Next 5YN/A
Revenue Next Year-6.7%
Revenue Next 2Y-1.57%
Revenue Next 3Y0.34%
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 23.10 indicates a rather expensive valuation of HZO.
HZO's Price/Earnings ratio is a bit cheaper when compared to the industry. HZO is cheaper than 68.59% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.27. HZO is around the same levels.
HZO is valuated correctly with a Price/Forward Earnings ratio of 13.93.
HZO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HZO is cheaper than 74.38% of the companies in the same industry.
HZO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.1 | ||
| Fwd PE | 13.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HZO is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.95 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)4.61
EPS Next 2Y-6%
EPS Next 3Y9.17%
5. Dividend
5.1 Amount
HZO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:HZO (9/16/2025, 2:22:00 PM)
26.1
-0.07 (-0.27%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners95.79%
Inst Owner Change-0.78%
Ins Owners3.04%
Ins Owner Change-5.71%
Market Cap560.11M
Analysts81.67
Price Target34.34 (31.57%)
Short Float %18.15%
Short Ratio10.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.16%
Min EPS beat(2)-59.12%
Max EPS beat(2)83.44%
EPS beat(4)2
Avg EPS beat(4)48.21%
Min EPS beat(4)-59.12%
Max EPS beat(4)189.48%
EPS beat(8)3
Avg EPS beat(8)6.98%
EPS beat(12)5
Avg EPS beat(12)4.55%
EPS beat(16)9
Avg EPS beat(16)9.43%
Revenue beat(2)1
Avg Revenue beat(2)-2.21%
Min Revenue beat(2)-12.47%
Max Revenue beat(2)8.06%
Revenue beat(4)1
Avg Revenue beat(4)-3.31%
Min Revenue beat(4)-12.47%
Max Revenue beat(4)8.06%
Revenue beat(8)4
Avg Revenue beat(8)-0.15%
Revenue beat(12)6
Avg Revenue beat(12)-0.01%
Revenue beat(16)8
Avg Revenue beat(16)-0.32%
PT rev (1m)0%
PT rev (3m)0.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-142.75%
EPS NY rev (1m)-59.25%
EPS NY rev (3m)-58.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.7%
Revenue NY rev (1m)-1.37%
Revenue NY rev (3m)-4.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.1 | ||
| Fwd PE | 13.93 | ||
| P/S | 0.24 | ||
| P/FCF | N/A | ||
| P/OCF | 52.98 | ||
| P/B | 0.6 | ||
| P/tB | 1.49 | ||
| EV/EBITDA | 4.95 |
EPS(TTM)1.13
EY4.33%
EPS(NY)1.87
Fwd EY7.18%
FCF(TTM)-2.5
FCFYN/A
OCF(TTM)0.49
OCFY1.89%
SpS108.12
BVpS43.83
TBVpS17.55
PEG (NY)N/A
PEG (5Y)4.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.08% | ||
| ROE | -2.85% | ||
| ROCE | 7.75% | ||
| ROIC | 3.78% | ||
| ROICexc | 4.06% | ||
| ROICexgc | 5.57% | ||
| OM | 5% | ||
| PM (TTM) | N/A | ||
| GM | 32.41% | ||
| FCFM | N/A |
ROA(3y)6.87%
ROA(5y)9.12%
ROE(3y)13.71%
ROE(5y)16.71%
ROIC(3y)9.69%
ROIC(5y)12.16%
ROICexc(3y)11.72%
ROICexc(5y)15.7%
ROICexgc(3y)16.73%
ROICexgc(5y)22.44%
ROCE(3y)16.44%
ROCE(5y)19.71%
ROICexcg growth 3Y-46.03%
ROICexcg growth 5Y-2.42%
ROICexc growth 3Y-44.7%
ROICexc growth 5Y-7.52%
OM growth 3Y-19.61%
OM growth 5Y1.53%
PM growth 3Y-40.71%
PM growth 5Y-11.66%
GM growth 3Y1.03%
GM growth 5Y4.78%
F-Score4
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.72 | ||
| Cap/Depr | 134.26% | ||
| Cap/Sales | 2.77% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 6.45% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | 1.82 |
F-Score4
WACC9.15%
ROIC/WACC0.41
Cap/Depr(3y)198.93%
Cap/Depr(5y)172.82%
Cap/Sales(3y)2.58%
Cap/Sales(5y)1.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-56.03%
EPS 3Y-32.09%
EPS 5Y5.01%
EPS Q2Q%-67.55%
EPS Next Y-63.32%
EPS Next 2Y-6%
EPS Next 3Y9.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.78%
Revenue growth 3Y5.62%
Revenue growth 5Y14.46%
Sales Q2Q%-13.27%
Revenue Next Year-6.7%
Revenue Next 2Y-1.57%
Revenue Next 3Y0.34%
Revenue Next 5YN/A
EBIT growth 1Y-14.52%
EBIT growth 3Y-15.1%
EBIT growth 5Y16.21%
EBIT Next Year-13.84%
EBIT Next 3Y9.34%
EBIT Next 5YN/A
FCF growth 1Y82.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y104.35%
OCF growth 3YN/A
OCF growth 5YN/A