ONEWATER MARINE INC-CL A (ONEW) Stock Fundamental Analysis
USA - NASDAQ:ONEW - US68280L1017 - Common Stock
15.96 USD
+0.48 (+3.1%)
15.96 USD
0 (0%)
Overall ONEW gets a fundamental rating of 3 out of 10. We evaluated ONEW against 121 industry peers in the Specialty Retail industry. ONEW has a bad profitability rating. Also its financial health evaluation is rather negative. ONEW has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ONEW had positive earnings in the past year.
ONEW had a positive operating cash flow in the past year.
In multiple years ONEW reported negative net income over the last 5 years.
Of the past 5 years ONEW 4 years had a positive operating cash flow.
1.2 Ratios
ONEW's Return On Assets of -0.71% is in line compared to the rest of the industry. ONEW outperforms 42.98% of its industry peers.
ONEW has a Return On Equity (-2.77%) which is in line with its industry peers.
ONEW has a Return On Invested Capital of 3.18%. This is comparable to the rest of the industry: ONEW outperforms 52.07% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ONEW is below the industry average of 12.16%.
The 3 year average ROIC (9.16%) for ONEW is well above the current ROIC(3.18%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.71% | ||
| ROE | -2.77% | ||
| ROIC | 3.18% |
ROA(3y)2.03%
ROA(5y)4.17%
ROE(3y)7.21%
ROE(5y)14.16%
ROIC(3y)9.16%
ROIC(5y)13.01%
1.3 Margins
ONEW has a Operating Margin (3.08%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of ONEW has declined.
ONEW has a Gross Margin of 23.20%. This is in the lower half of the industry: ONEW underperforms 75.21% of its industry peers.
ONEW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.08% | ||
| PM (TTM) | N/A | ||
| GM | 23.2% |
OM growth 3Y-27.84%
OM growth 5Y-7.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.53%
GM growth 5Y1.83%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ONEW is still creating some value.
Compared to 1 year ago, ONEW has more shares outstanding
Compared to 5 years ago, ONEW has more shares outstanding
The debt/assets ratio for ONEW has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.66, we must say that ONEW is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ONEW (1.66) is worse than 61.16% of its industry peers.
ONEW has a debt to FCF ratio of 8.91. This is a slightly negative value and a sign of low solvency as ONEW would need 8.91 years to pay back of all of its debts.
With a Debt to FCF ratio value of 8.91, ONEW perfoms like the industry average, outperforming 58.68% of the companies in the same industry.
A Debt/Equity ratio of 2.08 is on the high side and indicates that ONEW has dependencies on debt financing.
The Debt to Equity ratio of ONEW (2.08) is worse than 71.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.08 | ||
| Debt/FCF | 8.91 | ||
| Altman-Z | 1.66 |
ROIC/WACC0.37
WACC8.64%
2.3 Liquidity
ONEW has a Current Ratio of 1.23. This is a normal value and indicates that ONEW is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.23, ONEW is in line with its industry, outperforming 41.32% of the companies in the same industry.
ONEW has a Quick Ratio of 1.23. This is a bad value and indicates that ONEW is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ONEW (0.37) is worse than 64.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
ONEW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -98.86%.
Measured over the past years, ONEW shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -47.90% on average per year.
The Revenue has decreased by -3.02% in the past year.
The Revenue has been growing by 18.22% on average over the past years. This is quite good.
EPS 1Y (TTM)-98.86%
EPS 3Y-47.9%
EPS 5YN/A
EPS Q2Q%-24.76%
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y13.01%
Revenue growth 5Y18.22%
Sales Q2Q%1.92%
3.2 Future
The Earnings Per Share is expected to grow by 46.16% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.25% on average over the next years.
EPS Next Y-37.55%
EPS Next 2Y14.06%
EPS Next 3Y46.16%
EPS Next 5YN/A
Revenue Next Year0.27%
Revenue Next 2Y1.74%
Revenue Next 3Y2.25%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 798.00, which means the current valuation is very expensive for ONEW.
ONEW's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.20. ONEW is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 12.52, which indicates a correct valuation of ONEW.
ONEW's Price/Forward Earnings ratio is rather cheap when compared to the industry. ONEW is cheaper than 80.17% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ONEW to the average of the S&P500 Index (22.70), we can say ONEW is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 798 | ||
| Fwd PE | 12.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ONEW indicates a somewhat cheap valuation: ONEW is cheaper than 74.38% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ONEW is valued cheaply inside the industry as 99.17% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.72 | ||
| EV/EBITDA | 7.55 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ONEW's earnings are expected to grow with 46.16% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.06%
EPS Next 3Y46.16%
5. Dividend
5.1 Amount
ONEW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
15.96
+0.48 (+3.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners74.54%
Inst Owner Change3.34%
Ins Owners29.07%
Ins Owner Change0.29%
Market Cap261.27M
Analysts78.18
Price Target17.68 (10.78%)
Short Float %25.25%
Short Ratio23.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-46.69%
Min EPS beat(2)-67.49%
Max EPS beat(2)-25.88%
EPS beat(4)1
Avg EPS beat(4)-90.92%
Min EPS beat(4)-307.61%
Max EPS beat(4)37.3%
EPS beat(8)1
Avg EPS beat(8)-61.01%
EPS beat(12)1
Avg EPS beat(12)-51.39%
EPS beat(16)5
Avg EPS beat(16)-34.31%
Revenue beat(2)1
Avg Revenue beat(2)-1.22%
Min Revenue beat(2)-4.76%
Max Revenue beat(2)2.31%
Revenue beat(4)2
Avg Revenue beat(4)-1.41%
Min Revenue beat(4)-12.03%
Max Revenue beat(4)8.83%
Revenue beat(8)3
Avg Revenue beat(8)-2.34%
Revenue beat(12)4
Avg Revenue beat(12)-2.61%
Revenue beat(16)6
Avg Revenue beat(16)-0.1%
PT rev (1m)0%
PT rev (3m)0.48%
EPS NQ rev (1m)78.05%
EPS NQ rev (3m)86.22%
EPS NY rev (1m)-23.08%
EPS NY rev (3m)-21.57%
Revenue NQ rev (1m)2.02%
Revenue NQ rev (3m)8.83%
Revenue NY rev (1m)3.34%
Revenue NY rev (3m)2.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 798 | ||
| Fwd PE | 12.52 | ||
| P/S | 0.15 | ||
| P/FCF | 2.72 | ||
| P/OCF | 2.39 | ||
| P/B | 0.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.55 |
EPS(TTM)0.02
EY0.13%
EPS(NY)1.27
Fwd EY7.99%
FCF(TTM)5.86
FCFY36.72%
OCF(TTM)6.67
OCFY41.78%
SpS109.35
BVpS24.02
TBVpS-8.75
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.71% | ||
| ROE | -2.77% | ||
| ROCE | 5.89% | ||
| ROIC | 3.18% | ||
| ROICexc | 3.35% | ||
| ROICexgc | 5.69% | ||
| OM | 3.08% | ||
| PM (TTM) | N/A | ||
| GM | 23.2% | ||
| FCFM | 5.36% |
ROA(3y)2.03%
ROA(5y)4.17%
ROE(3y)7.21%
ROE(5y)14.16%
ROIC(3y)9.16%
ROIC(5y)13.01%
ROICexc(3y)9.51%
ROICexc(5y)14.39%
ROICexgc(3y)18.12%
ROICexgc(5y)28.18%
ROCE(3y)15.76%
ROCE(5y)22.17%
ROICexcg growth 3Y-43.33%
ROICexcg growth 5Y-12.64%
ROICexc growth 3Y-40.59%
ROICexc growth 5Y-12.69%
OM growth 3Y-27.84%
OM growth 5Y-7.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.53%
GM growth 5Y1.83%
F-Score5
Asset Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.08 | ||
| Debt/FCF | 8.91 | ||
| Debt/EBITDA | 10.23 | ||
| Cap/Depr | 53.51% | ||
| Cap/Sales | 0.74% | ||
| Interest Coverage | 0.77 | ||
| Cash Conversion | 136.65% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | 1.66 |
F-Score5
WACC8.64%
ROIC/WACC0.37
Cap/Depr(3y)88.69%
Cap/Depr(5y)129.26%
Cap/Sales(3y)1.07%
Cap/Sales(5y)0.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-98.86%
EPS 3Y-47.9%
EPS 5YN/A
EPS Q2Q%-24.76%
EPS Next Y-37.55%
EPS Next 2Y14.06%
EPS Next 3Y46.16%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y13.01%
Revenue growth 5Y18.22%
Sales Q2Q%1.92%
Revenue Next Year0.27%
Revenue Next 2Y1.74%
Revenue Next 3Y2.25%
Revenue Next 5YN/A
EBIT growth 1Y-47.37%
EBIT growth 3Y-18.45%
EBIT growth 5Y9.42%
EBIT Next Year-17.39%
EBIT Next 3Y15.77%
EBIT Next 5YN/A
FCF growth 1Y146.64%
FCF growth 3Y-60.92%
FCF growth 5YN/A
OCF growth 1Y157.78%
OCF growth 3Y-39.76%
OCF growth 5YN/A