LATHAM GROUP INC (SWIM)
US51819L1070 - Common Stock
Overall SWIM gets a fundamental rating of 3 out of 10. We evaluated SWIM against 30 industry peers in the Leisure Products industry. SWIM has an average financial health and profitability rating. SWIM is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SWIM was profitable.
In the past year SWIM had a positive cash flow from operations.
In multiple years SWIM reported negative net income over the last 5 years.
SWIM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SWIM's Return On Assets of 1.34% is fine compared to the rest of the industry. SWIM outperforms 63.33% of its industry peers.
SWIM has a better Return On Equity (2.74%) than 63.33% of its industry peers.
SWIM has a Return On Invested Capital (2.30%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.34% | ||
| ROE | 2.74% | ||
| ROIC | 2.3% |
ROA(3y)-2.93%
ROA(5y)-0.98%
ROE(3y)-6.57%
ROE(5y)-1.69%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SWIM has a Profit Margin (2.23%) which is in line with its industry peers.
The Operating Margin of SWIM (4.35%) is better than 63.33% of its industry peers.
SWIM's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 29.97%, SWIM is in line with its industry, outperforming 50.00% of the companies in the same industry.
SWIM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.35% | ||
| PM (TTM) | 2.23% | ||
| GM | 29.97% |
OM growth 3Y-33.97%
OM growth 5Y-10.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.63%
GM growth 5Y-3.67%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SWIM is destroying value.
The number of shares outstanding for SWIM remains at a similar level compared to 1 year ago.
SWIM has a worse debt/assets ratio than last year.
2.2 Solvency
SWIM has an Altman-Z score of 2.02. This is not the best score and indicates that SWIM is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.02, SWIM perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
The Debt to FCF ratio of SWIM is 4.43, which is a neutral value as it means it would take SWIM, 4.43 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.43, SWIM is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
A Debt/Equity ratio of 0.68 indicates that SWIM is somewhat dependend on debt financing.
SWIM has a worse Debt to Equity ratio (0.68) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 4.43 | ||
| Altman-Z | 2.02 |
ROIC/WACC0.25
WACC9.09%
2.3 Liquidity
SWIM has a Current Ratio of 2.44. This indicates that SWIM is financially healthy and has no problem in meeting its short term obligations.
SWIM has a Current ratio of 2.44. This is comparable to the rest of the industry: SWIM outperforms 56.67% of its industry peers.
SWIM has a Quick Ratio of 1.60. This is a normal value and indicates that SWIM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of SWIM (1.60) is better than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.44 | ||
| Quick Ratio | 1.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 127.27% over the past year.
The Revenue for SWIM has decreased by -12.23% in the past year. This is quite bad
SWIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.55% yearly.
EPS 1Y (TTM)127.27%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-27.27%
Revenue 1Y (TTM)-12.23%
Revenue growth 3Y11.98%
Revenue growth 5Y14.55%
Sales Q2Q%-6.4%
3.2 Future
SWIM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.22% yearly.
Based on estimates for the next years, SWIM will show a decrease in Revenue. The Revenue will decrease by -0.18% on average per year.
EPS Next Y-79.76%
EPS Next 2Y-33.21%
EPS Next 3Y-2.22%
EPS Next 5YN/A
Revenue Next Year-10%
Revenue Next 2Y-2.72%
Revenue Next 3Y-0.18%
Revenue Next 5YN/A
3.3 Evolution
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
SWIM is valuated quite expensively with a Price/Earnings ratio of 28.80.
The rest of the industry has a similar Price/Earnings ratio as SWIM.
SWIM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.77.
SWIM is valuated quite expensively with a Price/Forward Earnings ratio of 76.87.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SWIM indicates a slightly more expensive valuation: SWIM is more expensive than 63.33% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.38. SWIM is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.8 | ||
| Fwd PE | 76.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SWIM is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SWIM indicates a somewhat cheap valuation: SWIM is cheaper than 70.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.88 | ||
| EV/EBITDA | 17.13 |
4.3 Compensation for Growth
A cheap valuation may be justified as SWIM's earnings are expected to decrease with -2.22% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-33.21%
EPS Next 3Y-2.22%
5. Dividend
5.1 Amount
SWIM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LATHAM GROUP INC
NASDAQ:SWIM (12/18/2024, 4:30:00 PM)
After market: 7.2 0 (0%)7.2
-0.55 (-7.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap832.46M
Analysts
Price Target
Short Float %
Short Ratio
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.8 | ||
| Fwd PE | 76.87 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.34% | ||
| ROE | 2.74% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.35% | ||
| PM (TTM) | 2.23% | ||
| GM | 29.97% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.44 | ||
| Quick Ratio | 1.6 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)127.27%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-79.76%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-12.23%
Revenue growth 3Y11.98%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y