14.475 USD
-0.01 (-0.03%)
ONEW gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 121 industry peers in the Specialty Retail industry. ONEW may be in some trouble as it scores bad on both profitability and health. 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.
- The reported net income has been mixed in the past 5 years: ONEW reported negative net income in multiple years.
- Of the past 5 years ONEW 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of -8.16%, ONEW is doing worse than 72.73% of the companies in the same industry.
- The Return On Equity of ONEW (-40.21%) is worse than 65.29% of its industry peers.
- ONEW has a Return On Invested Capital (4.22%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ONEW is significantly below the industry average of 12.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.16% | ||
| ROE | -40.21% | ||
| ROIC | 4.22% |
ROA(3y)-3.6%
ROA(5y)1.78%
ROE(3y)-17.52%
ROE(5y)3.29%
ROIC(3y)5.83%
ROIC(5y)10.32%
1.3 Margins
- ONEW's Operating Margin of 3.40% is in line compared to the rest of the industry. ONEW outperforms 55.37% of its industry peers.
- In the last couple of years the Operating Margin of ONEW has declined.
- Looking at the Gross Margin, with a value of 22.89%, ONEW is doing worse than 76.86% of the companies in the same industry.
- In the last couple of years the Gross Margin of ONEW has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.4% | ||
| PM (TTM) | N/A | ||
| GM | 22.89% |
OM growth 3Y-36.87%
OM growth 5Y-17.06%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.31%
GM growth 5Y-0.11%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ONEW is destroying value.
- Compared to 1 year ago, ONEW has more shares outstanding
- ONEW has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ONEW has a worse debt to assets ratio.
2.2 Solvency
- ONEW has an Altman-Z score of 1.73. This is a bad value and indicates that ONEW is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of ONEW (1.73) is comparable to the rest of the industry.
- ONEW has a debt to FCF ratio of 10.43. This is a negative value and a sign of low solvency as ONEW would need 10.43 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 10.43, ONEW perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
- A Debt/Equity ratio of 2.65 is on the high side and indicates that ONEW has dependencies on debt financing.
- ONEW has a Debt to Equity ratio of 2.65. This is in the lower half of the industry: ONEW underperforms 71.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.65 | ||
| Debt/FCF | 10.43 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.53
WACC7.9%
2.3 Liquidity
- ONEW has a Current Ratio of 1.14. 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 worse Current ratio (1.14) than 65.29% of its industry peers.
- A Quick Ratio of 0.28 indicates that ONEW may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.28, ONEW is doing worse than 76.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
- The earnings per share for ONEW have decreased strongly by -61.22% in the last year.
- 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.
- The Revenue has been growing slightly by 5.62% in the past year.
- The Revenue has been growing by 12.85% on average over the past years. This is quite good.
EPS 1Y (TTM)-61.22%
EPS 3Y-65.34%
EPS 5Y-35.78%
EPS Q2Q%100%
Revenue 1Y (TTM)5.62%
Revenue growth 3Y2.38%
Revenue growth 5Y12.85%
Sales Q2Q%21.78%
3.2 Future
- ONEW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 79.37% yearly.
- The Revenue is expected to grow by 2.73% on average over the next years.
EPS Next Y64.81%
EPS Next 2Y73.39%
EPS Next 3Y79.37%
EPS Next 5YN/A
Revenue Next Year3.13%
Revenue Next 2Y3.34%
Revenue Next 3Y2.73%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 38.09, the valuation of ONEW can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of ONEW is on the same level as its industry peers.
- ONEW's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.30.
- ONEW is valuated rather expensively with a Price/Forward Earnings ratio of 23.11.
- The rest of the industry has a similar Price/Forward Earnings ratio as ONEW.
- When comparing the Price/Forward Earnings ratio of ONEW to the average of the S&P500 Index (24.32), we can say ONEW is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.09 | ||
| Fwd PE | 23.11 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ONEW is valued a bit cheaper than the industry average as 78.51% of the companies are valued more expensively.
- 99.17% of the companies in the same industry are more expensive than ONEW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.97 | ||
| EV/EBITDA | 6.77 |
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 79.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.59
PEG (5Y)N/A
EPS Next 2Y73.39%
EPS Next 3Y79.37%
5. Dividend
5.1 Amount
- No dividends for ONEW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 2 / 10 to ONEW.
Can you provide the valuation status for ONEWATER MARINE INC-CL A?
ChartMill assigns a valuation rating of 5 / 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 2 / 10.
How financially healthy is ONEWATER MARINE INC-CL A?
The financial health rating of ONEWATER MARINE INC-CL A (ONEW) is 1 / 10.
How sustainable is the dividend of ONEWATER MARINE INC-CL A (ONEW) stock?
The dividend rating of ONEWATER MARINE INC-CL A (ONEW) is 0 / 10 and the dividend payout ratio is 0%.