MARINEMAX INC (HZO) Stock Fundamental Analysis
USA - NYSE:HZO - US5679081084 - Common Stock
24.25 USD
+0.72 (+3.06%)
24.25 USD
0 (0%)
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. There are concerns on the financial health of HZO while its profitability can be described as average. HZO is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HZO was profitable.
HZO had a positive operating cash flow in the past year.
Each year in the past 5 years HZO has been profitable.
The reported operating cash flow has been mixed in the past 5 years: HZO reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.08%, HZO is in line with its industry, outperforming 42.98% of the companies in the same industry.
Looking at the Return On Equity, with a value of -2.85%, HZO is in line with its industry, outperforming 48.76% 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 49.59% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HZO is below the industry average of 11.82%.
The 3 year average ROIC (9.69%) for HZO is well above the current ROIC(3.78%). The reason for the recent decline needs to be investigated.
| 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
HZO's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 5.00%, HZO is doing good in the industry, outperforming 66.12% of the companies in the same industry.
HZO's Operating Margin has improved in the last couple of years.
The Gross Margin of HZO (32.41%) is worse than 60.33% of its industry peers.
HZO's Gross Margin has improved in the last couple of years.
| 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.
Compared to 5 years ago, HZO has more shares outstanding
Compared to 1 year ago, HZO has a worse debt to assets ratio.
2.2 Solvency
HZO has an Altman-Z score of 1.80. This is a bad value and indicates that HZO is not financially healthy and even has some risk of bankruptcy.
HZO has a Altman-Z score (1.80) which is in line with its industry peers.
HZO has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
HZO has a Debt to Equity ratio (1.17) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.8 |
ROIC/WACC0.42
WACC8.94%
2.3 Liquidity
A Current Ratio of 1.21 indicates that HZO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.21, HZO is doing worse than 60.33% of the companies in the same industry.
A Quick Ratio of 0.29 indicates that HZO may have some problems paying its short term obligations.
HZO's Quick ratio of 0.29 is on the low side compared to the rest of the industry. HZO is outperformed by 77.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
The earnings per share for HZO have decreased strongly by -56.03% in the last year.
HZO shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.01% yearly.
HZO shows a decrease in Revenue. In the last year, the revenue decreased by -5.78%.
HZO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.46% yearly.
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
Based on estimates for the next years, HZO will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.17% on average per year.
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
HZO is valuated rather expensively with a Price/Earnings ratio of 21.46.
Compared to the rest of the industry, the Price/Earnings ratio of HZO indicates a somewhat cheap valuation: HZO is cheaper than 69.42% of the companies listed in the same industry.
HZO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.03.
Based on the Price/Forward Earnings ratio of 12.95, the valuation of HZO can be described as correct.
HZO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HZO is cheaper than 71.07% 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 22.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.46 | ||
| Fwd PE | 12.95 |
4.2 Price Multiples
88.43% of the companies in the same industry are more expensive than HZO, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.61 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)4.28
EPS Next 2Y-6%
EPS Next 3Y9.17%
5. Dividend
5.1 Amount
No dividends for HZO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.25
+0.72 (+3.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners94.73%
Inst Owner Change0.07%
Ins Owners2.55%
Ins Owner Change7.49%
Market Cap520.40M
Revenue(TTM)2.32B
Net Income(TTM)-26781000
Analysts81.67
Price Target34.1 (40.62%)
Short Float %19.43%
Short Ratio10.81
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)-0.71%
PT rev (3m)-1.27%
EPS NQ rev (1m)2.53%
EPS NQ rev (3m)-183.64%
EPS NY rev (1m)0%
EPS NY rev (3m)-59.25%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.46 | ||
| Fwd PE | 12.95 | ||
| P/S | 0.22 | ||
| P/FCF | N/A | ||
| P/OCF | 49.22 | ||
| P/B | 0.55 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | 4.61 |
EPS(TTM)1.13
EY4.66%
EPS(NY)1.87
Fwd EY7.72%
FCF(TTM)-2.5
FCFYN/A
OCF(TTM)0.49
OCFY2.03%
SpS108.12
BVpS43.83
TBVpS17.55
PEG (NY)N/A
PEG (5Y)4.28
Graham Number33.38
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%
ROICexgc growth 3Y-46.03%
ROICexgc 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 | 1.8 |
F-Score4
WACC8.94%
ROIC/WACC0.42
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
MARINEMAX INC / HZO FAQ
Can you provide the ChartMill fundamental rating for MARINEMAX INC?
ChartMill assigns a fundamental rating of 3 / 10 to HZO.
Can you provide the valuation status for MARINEMAX INC?
ChartMill assigns a valuation rating of 3 / 10 to MARINEMAX INC (HZO). This can be considered as Overvalued.
Can you provide the profitability details for MARINEMAX INC?
MARINEMAX INC (HZO) has a profitability rating of 4 / 10.
What is the expected EPS growth for MARINEMAX INC (HZO) stock?
The Earnings per Share (EPS) of MARINEMAX INC (HZO) is expected to decline by -63.32% in the next year.