ONEWATER MARINE INC-CL A (ONEW) Stock Fundamental Analysis
USA - NASDAQ:ONEW - US68280L1017 - Common Stock
12.65 USD
-0.59 (-4.49%)
12.65 USD
0 (0%)
ONEW gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 122 industry peers in the Specialty Retail industry. Both the profitability and financial health of ONEW have multiple concerns. ONEW is valued correctly, but it does not seem to be growing.
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.
In multiple years ONEW reported negative operating cash flow during the last 5 years.
1.2 Ratios
ONEW has a Return On Assets (-0.71%) which is comparable to the rest of the industry.
With a Return On Equity value of -2.77%, ONEW perfoms like the industry average, outperforming 50.82% of the companies in the same industry.
ONEW has a Return On Invested Capital of 3.18%. This is comparable to the rest of the industry: ONEW outperforms 49.18% of its industry peers.
ONEW had an Average Return On Invested Capital over the past 3 years of 9.16%. This is below the industry average of 11.81%.
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 of 3.08%. This is comparable to the rest of the industry: ONEW outperforms 54.10% of its industry peers.
In the last couple of years the Operating Margin of ONEW has declined.
The Gross Margin of ONEW (23.20%) is worse than 77.05% 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.
ONEW has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 1.64, we must say that ONEW is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.64, ONEW is doing worse than 62.30% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 8.91, ONEW is in line with its industry, outperforming 58.20% 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.
ONEW has a worse Debt to Equity ratio (2.08) than 71.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.08 | ||
| Debt/FCF | 8.91 | ||
| Altman-Z | 1.64 |
ROIC/WACC0.38
WACC8.32%
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.
ONEW has a Current ratio (1.23) which is in line with its industry peers.
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 63.11% 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 -61.22%.
Measured over the past years, ONEW shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -35.78% on average per year.
EPS 1Y (TTM)-61.22%
EPS 3Y-65.34%
EPS 5Y-35.78%
EPS Q2Q%100%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%21.78%
3.2 Future
The Earnings Per Share is expected to grow by 183.77% on average over the next years. This is a very strong growth
Based on estimates for the next years, ONEW will show a small growth in Revenue. The Revenue will grow by 3.29% on average per year.
EPS Next Y207.61%
EPS Next 2Y183.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.23%
Revenue Next 2Y3.29%
Revenue Next 3YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 33.29, ONEW can be considered very expensive at the moment.
ONEW's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of ONEW to the average of the S&P500 Index (25.56), we can say ONEW is valued slightly more expensively.
ONEW is valuated reasonably with a Price/Forward Earnings ratio of 10.82.
72.95% of the companies in the same industry are more expensive than ONEW, based on the Price/Forward Earnings ratio.
ONEW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.62.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.29 | ||
| Fwd PE | 10.82 |
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 69.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ONEW is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.16 | ||
| EV/EBITDA | 7.09 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ONEW's earnings are expected to grow with 183.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y183.77%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ONEW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.65
-0.59 (-4.49%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners80.2%
Inst Owner Change-0.28%
Ins Owners28.97%
Ins Owner Change10.16%
Market Cap207.08M
Revenue(TTM)N/A
Net Income(TTM)-10.87M
Analysts78.33
Price Target17.09 (35.1%)
Short Float %20.8%
Short Ratio22.03
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)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)0.96%
PT rev (3m)0.96%
EPS NQ rev (1m)0.82%
EPS NQ rev (3m)79.51%
EPS NY rev (1m)-1.25%
EPS NY rev (3m)-24.04%
Revenue NQ rev (1m)-0.25%
Revenue NQ rev (3m)1.76%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)3.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.29 | ||
| Fwd PE | 10.82 | ||
| P/S | 0.12 | ||
| P/FCF | 2.16 | ||
| P/OCF | 1.9 | ||
| P/B | 0.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.09 |
EPS(TTM)0.38
EY3%
EPS(NY)1.17
Fwd EY9.24%
FCF(TTM)5.86
FCFY46.33%
OCF(TTM)6.67
OCFY52.71%
SpS109.35
BVpS24.02
TBVpS-8.75
PEG (NY)0.16
PEG (5Y)N/A
Graham Number14.33
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%
ROICexgc growth 3Y-43.33%
ROICexgc 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 | 1.64 |
F-Score5
WACC8.32%
ROIC/WACC0.38
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)-61.22%
EPS 3Y-65.34%
EPS 5Y-35.78%
EPS Q2Q%100%
EPS Next Y207.61%
EPS Next 2Y183.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%21.78%
Revenue Next Year3.23%
Revenue Next 2Y3.29%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-47.37%
EBIT growth 3Y-18.45%
EBIT growth 5Y9.42%
EBIT Next Year-18.6%
EBIT Next 3Y13.14%
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
ONEWATER MARINE INC-CL A / ONEW FAQ
Can you provide the ChartMill fundamental rating for ONEWATER MARINE INC-CL A?
ChartMill assigns a fundamental rating of 3 / 10 to ONEW.
What is the valuation status for ONEW stock?
ChartMill assigns a valuation rating of 6 / 10 to ONEWATER MARINE INC-CL A (ONEW). This can be considered as Fairly Valued.
What is the profitability of ONEW stock?
ONEWATER MARINE INC-CL A (ONEW) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for ONEW stock?
The Earnings per Share (EPS) of ONEWATER MARINE INC-CL A (ONEW) is expected to grow by 207.61% in the next year.
Can you provide the dividend sustainability for ONEW stock?
The dividend rating of ONEWATER MARINE INC-CL A (ONEW) is 0 / 10 and the dividend payout ratio is 0%.