ONESPAWORLD HOLDINGS LTD (OSW) Stock Fundamental Analysis
USA - NASDAQ:OSW - BSP736841136 - Common Stock
20.42 USD
+0.32 (+1.59%)
20.42 USD
0 (0%)
Overall OSW gets a fundamental rating of 6 out of 10. We evaluated OSW against 77 industry peers in the Diversified Consumer Services industry. OSW has an excellent financial health rating, but there are some minor concerns on its profitability. OSW has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
OSW had positive earnings in the past year.
In the past year OSW had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: OSW reported negative net income in multiple years.
In multiple years OSW reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of OSW (9.72%) is better than 83.12% of its industry peers.
The Return On Equity of OSW (12.98%) is better than 75.32% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.91%, OSW belongs to the top of the industry, outperforming 83.12% of the companies in the same industry.
OSW had an Average Return On Invested Capital over the past 3 years of 6.08%. This is below the industry average of 9.48%.
The 3 year average ROIC (6.08%) for OSW is below the current ROIC(9.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.72% | ||
| ROE | 12.98% | ||
| ROIC | 9.91% |
ROA(3y)5.59%
ROA(5y)-6.84%
ROE(3y)9%
ROE(5y)-17.22%
ROIC(3y)6.08%
ROIC(5y)N/A
1.3 Margins
OSW's Profit Margin of 7.74% is fine compared to the rest of the industry. OSW outperforms 67.53% of its industry peers.
OSW has a better Operating Margin (8.87%) than 63.64% of its industry peers.
In the last couple of years the Operating Margin of OSW has grown nicely.
The Gross Margin of OSW (16.81%) is worse than 85.71% of its industry peers.
In the last couple of years the Gross Margin of OSW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.87% | ||
| PM (TTM) | 7.74% | ||
| GM | 16.81% |
OM growth 3YN/A
OM growth 5Y104.03%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y24.7%
GM growth 5Y4.11%
2. Health
2.1 Basic Checks
OSW has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, OSW has more shares outstanding
Compared to 5 years ago, OSW has more shares outstanding
OSW has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.98 indicates that OSW is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.98, OSW belongs to the top of the industry, outperforming 96.10% of the companies in the same industry.
The Debt to FCF ratio of OSW is 1.44, which is an excellent value as it means it would take OSW, only 1.44 years of fcf income to pay off all of its debts.
OSW has a better Debt to FCF ratio (1.44) than 83.12% of its industry peers.
OSW has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
OSW has a Debt to Equity ratio of 0.17. This is in the better half of the industry: OSW outperforms 61.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | 7.98 |
ROIC/WACC1.16
WACC8.56%
2.3 Liquidity
OSW has a Current Ratio of 1.88. This is a normal value and indicates that OSW is financially healthy and should not expect problems in meeting its short term obligations.
OSW has a Current ratio of 1.88. This is in the better half of the industry: OSW outperforms 71.43% of its industry peers.
OSW has a Quick Ratio of 1.19. This is a normal value and indicates that OSW is financially healthy and should not expect problems in meeting its short term obligations.
OSW has a Quick ratio (1.19) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
OSW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.40%, which is quite impressive.
The Earnings Per Share has been growing by 13.07% on average over the past years. This is quite good.
OSW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.50%.
Measured over the past years, OSW shows a quite strong growth in Revenue. The Revenue has been growing by 15.06% on average per year.
EPS 1Y (TTM)27.4%
EPS 3YN/A
EPS 5Y13.07%
EPS Q2Q%25%
Revenue 1Y (TTM)8.5%
Revenue growth 3Y83.86%
Revenue growth 5Y15.06%
Sales Q2Q%7.04%
3.2 Future
Based on estimates for the next years, OSW will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.37% on average per year.
OSW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.75% yearly.
EPS Next Y20.37%
EPS Next 2Y17.05%
EPS Next 3Y15.26%
EPS Next 5Y15.37%
Revenue Next Year7.85%
Revenue Next 2Y8.33%
Revenue Next 3Y8.49%
Revenue Next 5Y9.75%
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 stable.
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 21.96, the valuation of OSW can be described as rather expensive.
Based on the Price/Earnings ratio, OSW is valued a bit cheaper than 67.53% of the companies in the same industry.
OSW is valuated rather cheaply when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 17.53, which indicates a rather expensive current valuation of OSW.
Based on the Price/Forward Earnings ratio, OSW is valued a bit cheaper than 68.83% of the companies in the same industry.
OSW is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.18, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.96 | ||
| Fwd PE | 17.53 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OSW is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, OSW is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.44 | ||
| EV/EBITDA | 20.01 |
4.3 Compensation for Growth
OSW's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
OSW has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as OSW's earnings are expected to grow with 15.26% in the coming years.
PEG (NY)1.08
PEG (5Y)1.68
EPS Next 2Y17.05%
EPS Next 3Y15.26%
5. Dividend
5.1 Amount
OSW has a yearly dividend return of 0.80%, which is pretty low.
Compared to an average industry Dividend Yield of 2.02, OSW pays a better dividend. On top of this OSW pays more dividend than 87.01% of the companies listed in the same industry.
With a Dividend Yield of 0.80, OSW pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
5.2 History
OSW has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
OSW pays out 23.37% of its income as dividend. This is a sustainable payout ratio.
DP23.37%
EPS Next 2Y17.05%
EPS Next 3Y15.26%
20.42
+0.32 (+1.59%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryDiversified Consumer Services
Earnings (Last)
Earnings (Next)
Inst Owners103.33%
Inst Owner Change-0.04%
Ins Owners3.48%
Ins Owner Change-4.58%
Market Cap2.10B
Analysts85
Price Target25.16 (23.21%)
Short Float %1.93%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP23.37%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.07%
Min EPS beat(2)2.81%
Max EPS beat(2)3.33%
EPS beat(4)3
Avg EPS beat(4)3.21%
Min EPS beat(4)-5.7%
Max EPS beat(4)12.41%
EPS beat(8)5
Avg EPS beat(8)2.48%
EPS beat(12)9
Avg EPS beat(12)17.68%
EPS beat(16)13
Avg EPS beat(16)29.82%
Revenue beat(2)1
Avg Revenue beat(2)-0.36%
Min Revenue beat(2)-0.75%
Max Revenue beat(2)0.04%
Revenue beat(4)2
Avg Revenue beat(4)-0.05%
Min Revenue beat(4)-0.75%
Max Revenue beat(4)0.54%
Revenue beat(8)5
Avg Revenue beat(8)0.07%
Revenue beat(12)9
Avg Revenue beat(12)2.44%
Revenue beat(16)13
Avg Revenue beat(16)6.18%
PT rev (1m)0%
PT rev (3m)12.12%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)0.99%
EPS NY rev (1m)0%
EPS NY rev (3m)2.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.96 | ||
| Fwd PE | 17.53 | ||
| P/S | 2.28 | ||
| P/FCF | 31.44 | ||
| P/OCF | 27.76 | ||
| P/B | 3.82 | ||
| P/tB | 78.95 | ||
| EV/EBITDA | 20.01 |
EPS(TTM)0.93
EY4.55%
EPS(NY)1.16
Fwd EY5.7%
FCF(TTM)0.65
FCFY3.18%
OCF(TTM)0.74
OCFY3.6%
SpS8.95
BVpS5.34
TBVpS0.26
PEG (NY)1.08
PEG (5Y)1.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.72% | ||
| ROE | 12.98% | ||
| ROCE | 12.54% | ||
| ROIC | 9.91% | ||
| ROICexc | 10.47% | ||
| ROICexgc | 68.83% | ||
| OM | 8.87% | ||
| PM (TTM) | 7.74% | ||
| GM | 16.81% | ||
| FCFM | 7.26% |
ROA(3y)5.59%
ROA(5y)-6.84%
ROE(3y)9%
ROE(5y)-17.22%
ROIC(3y)6.08%
ROIC(5y)N/A
ROICexc(3y)6.52%
ROICexc(5y)N/A
ROICexgc(3y)63.18%
ROICexgc(5y)N/A
ROCE(3y)7.7%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y115.38%
ROICexc growth 3YN/A
ROICexc growth 5Y151.4%
OM growth 3YN/A
OM growth 5Y104.03%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y24.7%
GM growth 5Y4.11%
F-Score8
Asset Turnover1.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.44 | ||
| Debt/EBITDA | 0.86 | ||
| Cap/Depr | 35.92% | ||
| Cap/Sales | 0.96% | ||
| Interest Coverage | 10.82 | ||
| Cash Conversion | 71.14% | ||
| Profit Quality | 93.76% | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 7.98 |
F-Score8
WACC8.56%
ROIC/WACC1.16
Cap/Depr(3y)24.65%
Cap/Depr(5y)19.09%
Cap/Sales(3y)0.77%
Cap/Sales(5y)1.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.4%
EPS 3YN/A
EPS 5Y13.07%
EPS Q2Q%25%
EPS Next Y20.37%
EPS Next 2Y17.05%
EPS Next 3Y15.26%
EPS Next 5Y15.37%
Revenue 1Y (TTM)8.5%
Revenue growth 3Y83.86%
Revenue growth 5Y15.06%
Sales Q2Q%7.04%
Revenue Next Year7.85%
Revenue Next 2Y8.33%
Revenue Next 3Y8.49%
Revenue Next 5Y9.75%
EBIT growth 1Y20.75%
EBIT growth 3YN/A
EBIT growth 5Y134.76%
EBIT Next Year52.89%
EBIT Next 3Y23.17%
EBIT Next 5Y18.67%
FCF growth 1Y55.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y57.87%
OCF growth 3YN/A
OCF growth 5YN/A