LATHAM GROUP INC (SWIM) Stock Fundamental Analysis
USA - NASDAQ:SWIM - US51819L1070 - Common Stock
7.75 USD
+0.01 (+0.13%)
7.75 USD
0 (0%)
Taking everything into account, SWIM scores 3 out of 10 in our fundamental rating. SWIM was compared to 33 industry peers in the Leisure Products industry. SWIM scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SWIM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SWIM has reported negative net income.
In the past year SWIM had a positive cash flow from operations.
SWIM had negative earnings in 4 of the past 5 years.
Each year in the past 5 years SWIM had a positive operating cash flow.
1.2 Ratios
SWIM's Return On Assets of -1.61% is in line compared to the rest of the industry. SWIM outperforms 51.52% of its industry peers.
SWIM has a Return On Equity of -3.33%. This is comparable to the rest of the industry: SWIM outperforms 57.58% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.17%, SWIM is in line with its industry, outperforming 51.52% of the companies in the same industry.
SWIM had an Average Return On Invested Capital over the past 3 years of 2.63%. This is significantly below the industry average of 7.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.61% | ||
| ROE | -3.33% | ||
| ROIC | 2.17% |
ROA(3y)-1.06%
ROA(5y)-1.71%
ROE(3y)-2.23%
ROE(5y)-3.39%
ROIC(3y)2.63%
ROIC(5y)N/A
1.3 Margins
SWIM's Operating Margin of 3.86% is in line compared to the rest of the industry. SWIM outperforms 57.58% of its industry peers.
In the last couple of years the Operating Margin of SWIM has declined.
Looking at the Gross Margin, with a value of 32.00%, SWIM is in line with its industry, outperforming 48.48% of the companies in the same industry.
In the last couple of years the Gross Margin of SWIM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.86% | ||
| PM (TTM) | N/A | ||
| GM | 32% |
OM growth 3YN/A
OM growth 5Y-16.82%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.27%
GM growth 5Y-0.42%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SWIM is destroying value.
SWIM has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SWIM has been reduced compared to 5 years ago.
SWIM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.06 indicates that SWIM is not a great score, but indicates only limited risk for bankruptcy at the moment.
SWIM has a Altman-Z score (2.06) which is comparable to the rest of the industry.
The Debt to FCF ratio of SWIM is 24.00, which is on the high side as it means it would take SWIM, 24.00 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 24.00, SWIM perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
SWIM has a Debt/Equity ratio of 0.70. This is a neutral value indicating SWIM is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.70, SWIM is doing worse than 60.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 24 | ||
| Altman-Z | 2.06 |
ROIC/WACC0.2
WACC10.95%
2.3 Liquidity
SWIM has a Current Ratio of 2.39. This indicates that SWIM is financially healthy and has no problem in meeting its short term obligations.
SWIM has a Current ratio of 2.39. This is comparable to the rest of the industry: SWIM outperforms 54.55% of its industry peers.
SWIM has a Quick Ratio of 1.51. This is a normal value and indicates that SWIM is financially healthy and should not expect problems in meeting its short term obligations.
SWIM has a Quick ratio (1.51) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
The earnings per share for SWIM have decreased strongly by -107.14% in the last year.
Measured over the past years, SWIM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -75.96% on average per year.
Looking at the last year, SWIM shows a decrease in Revenue. The Revenue has decreased by -0.11% in the last year.
SWIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.84% yearly.
EPS 1Y (TTM)-107.14%
EPS 3Y-75.96%
EPS 5YN/A
EPS Q2Q%-20%
Revenue 1Y (TTM)-0.11%
Revenue growth 3Y-6.92%
Revenue growth 5Y9.84%
Sales Q2Q%7.82%
3.2 Future
SWIM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 194.34% yearly.
SWIM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.33% yearly.
EPS Next Y960.8%
EPS Next 2Y321.77%
EPS Next 3Y194.34%
EPS Next 5YN/A
Revenue Next Year7.46%
Revenue Next 2Y6.42%
Revenue Next 3Y6.33%
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
The Price/Earnings Ratio is negative for SWIM. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 43.57, which means the current valuation is very expensive for SWIM.
SWIM's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, SWIM is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 43.57 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SWIM.
SWIM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 76.13 | ||
| EV/EBITDA | 16.88 |
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.
A more expensive valuation may be justified as SWIM's earnings are expected to grow with 194.34% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y321.77%
EPS Next 3Y194.34%
5. Dividend
5.1 Amount
SWIM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.75
+0.01 (+0.13%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners87.16%
Inst Owner Change3.14%
Ins Owners7.49%
Ins Owner Change-0.2%
Market Cap903.18M
Analysts80
Price Target7.82 (0.9%)
Short Float %4.55%
Short Ratio7.38
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)1
Avg EPS beat(2)15.43%
Min EPS beat(2)-5.88%
Max EPS beat(2)36.75%
EPS beat(4)2
Avg EPS beat(4)-14.84%
Min EPS beat(4)-110.88%
Max EPS beat(4)36.75%
EPS beat(8)5
Avg EPS beat(8)62.45%
EPS beat(12)8
Avg EPS beat(12)48.28%
EPS beat(16)11
Avg EPS beat(16)62.21%
Revenue beat(2)0
Avg Revenue beat(2)-2.04%
Min Revenue beat(2)-2.41%
Max Revenue beat(2)-1.66%
Revenue beat(4)1
Avg Revenue beat(4)-1.74%
Min Revenue beat(4)-3.12%
Max Revenue beat(4)0.23%
Revenue beat(8)3
Avg Revenue beat(8)-0.2%
Revenue beat(12)6
Avg Revenue beat(12)1.06%
Revenue beat(16)9
Avg Revenue beat(16)0.99%
PT rev (1m)5.71%
PT rev (3m)8.48%
EPS NQ rev (1m)-4.4%
EPS NQ rev (3m)15.48%
EPS NY rev (1m)-3.7%
EPS NY rev (3m)-0.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.27%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 43.57 | ||
| P/S | 1.73 | ||
| P/FCF | 76.13 | ||
| P/OCF | 27.8 | ||
| P/B | 2.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.88 |
EPS(TTM)-0.02
EYN/A
EPS(NY)0.18
Fwd EY2.3%
FCF(TTM)0.1
FCFY1.31%
OCF(TTM)0.28
OCFY3.6%
SpS4.48
BVpS3.42
TBVpS-0.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.61% | ||
| ROE | -3.33% | ||
| ROCE | 2.75% | ||
| ROIC | 2.17% | ||
| ROICexc | 2.26% | ||
| ROICexgc | 5.94% | ||
| OM | 3.86% | ||
| PM (TTM) | N/A | ||
| GM | 32% | ||
| FCFM | 2.27% |
ROA(3y)-1.06%
ROA(5y)-1.71%
ROE(3y)-2.23%
ROE(5y)-3.39%
ROIC(3y)2.63%
ROIC(5y)N/A
ROICexc(3y)2.84%
ROICexc(5y)N/A
ROICexgc(3y)7.54%
ROICexgc(5y)N/A
ROCE(3y)3.33%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-29.91%
ROICexc growth 3YN/A
ROICexc growth 5Y-16.75%
OM growth 3YN/A
OM growth 5Y-16.82%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.27%
GM growth 5Y-0.42%
F-Score4
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 24 | ||
| Debt/EBITDA | 4.08 | ||
| Cap/Depr | 42.46% | ||
| Cap/Sales | 3.95% | ||
| Interest Coverage | 0.86 | ||
| Cash Conversion | 47.28% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 2.06 |
F-Score4
WACC10.95%
ROIC/WACC0.2
Cap/Depr(3y)76.88%
Cap/Depr(5y)74.45%
Cap/Sales(3y)5.17%
Cap/Sales(5y)4.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-107.14%
EPS 3Y-75.96%
EPS 5YN/A
EPS Q2Q%-20%
EPS Next Y960.8%
EPS Next 2Y321.77%
EPS Next 3Y194.34%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.11%
Revenue growth 3Y-6.92%
Revenue growth 5Y9.84%
Sales Q2Q%7.82%
Revenue Next Year7.46%
Revenue Next 2Y6.42%
Revenue Next 3Y6.33%
Revenue Next 5YN/A
EBIT growth 1Y-25.45%
EBIT growth 3YN/A
EBIT growth 5Y-8.63%
EBIT Next Year321.13%
EBIT Next 3Y74.63%
EBIT Next 5YN/A
FCF growth 1Y-68.27%
FCF growth 3Y67.85%
FCF growth 5Y8.42%
OCF growth 1Y-61.18%
OCF growth 3Y22.09%
OCF growth 5Y11.45%