LATHAM GROUP INC (SWIM) Stock Fundamental Analysis
USA - NASDAQ:SWIM - US51819L1070 - Common Stock
6.14 USD
-0.16 (-2.54%)
6.26 USD
+0.12 (+1.95%)
SWIM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 33 industry peers in the Leisure Products industry. Both the profitability and the financial health of SWIM get a neutral evaluation. Nothing too spectacular is happening here. SWIM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SWIM had negative earnings in the past year.
In the past year SWIM had a positive cash flow from operations.
In the past 5 years SWIM reported 4 times negative net income.
SWIM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SWIM has a Return On Assets (-1.31%) which is comparable to the rest of the industry.
SWIM has a Return On Equity of -2.70%. This is in the better half of the industry: SWIM outperforms 63.64% of its industry peers.
The Return On Invested Capital of SWIM (3.00%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for SWIM is below the industry average of 7.07%.
The 3 year average ROIC (2.63%) for SWIM is below the current ROIC(3.00%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.31% | ||
| ROE | -2.7% | ||
| ROIC | 3% |
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
The Operating Margin of SWIM (5.30%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of SWIM has declined.
With a Gross Margin value of 32.93%, SWIM perfoms like the industry average, outperforming 57.58% of the companies in the same industry.
SWIM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.3% | ||
| PM (TTM) | N/A | ||
| GM | 32.93% |
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
SWIM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SWIM has more shares outstanding
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
SWIM has an Altman-Z score of 1.83. 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 1.83, SWIM perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
The Debt to FCF ratio of SWIM is 11.91, which is on the high side as it means it would take SWIM, 11.91 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 11.91, SWIM perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that SWIM is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.69, SWIM is not doing good in the industry: 60.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 11.91 | ||
| Altman-Z | 1.83 |
ROIC/WACC0.26
WACC11.36%
2.3 Liquidity
SWIM has a Current Ratio of 2.43. This indicates that SWIM is financially healthy and has no problem in meeting its short term obligations.
SWIM has a Current ratio (2.43) which is in line with its industry peers.
SWIM has a Quick Ratio of 1.72. This is a normal value and indicates that SWIM is financially healthy and should not expect problems in meeting its short term obligations.
SWIM's Quick ratio of 1.72 is fine compared to the rest of the industry. SWIM outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
The earnings per share for SWIM have decreased strongly by -100.00% in the last year.
SWIM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -75.96% yearly.
SWIM shows a small growth in Revenue. In the last year, the Revenue has grown by 4.12%.
Measured over the past years, SWIM shows a quite strong growth in Revenue. The Revenue has been growing by 9.84% on average per year.
EPS 1Y (TTM)-100%
EPS 3Y-75.96%
EPS 5YN/A
EPS Q2Q%25%
Revenue 1Y (TTM)4.12%
Revenue growth 3Y-6.92%
Revenue growth 5Y9.84%
Sales Q2Q%7.58%
3.2 Future
Based on estimates for the next years, SWIM will show a very strong growth in Earnings Per Share. The EPS will grow by 194.34% on average per year.
The Revenue is expected to grow by 6.33% on average over the next years.
EPS Next Y843.5%
EPS Next 2Y316.9%
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Forward Earnings ratio of 35.33, SWIM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SWIM is on the same level as its industry peers.
SWIM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 34.08, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 35.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SWIM is valued a bit cheaper than the industry average as 60.61% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as SWIM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.99 | ||
| EV/EBITDA | 11.85 |
4.3 Compensation for Growth
SWIM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SWIM's earnings are expected to grow with 194.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y316.9%
EPS Next 3Y194.34%
5. Dividend
5.1 Amount
No dividends for SWIM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.14
-0.16 (-2.54%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners88.97%
Inst Owner Change-0.17%
Ins Owners7.48%
Ins Owner Change-0.01%
Market Cap715.56M
Revenue(TTM)533.24M
Net Income(TTM)-11.04M
Analysts80
Price Target7.94 (29.32%)
Short Float %3.38%
Short Ratio5.62
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)-0.79%
Min EPS beat(2)-5.88%
Max EPS beat(2)4.3%
EPS beat(4)2
Avg EPS beat(4)-18.93%
Min EPS beat(4)-110.88%
Max EPS beat(4)36.75%
EPS beat(8)6
Avg EPS beat(8)64.26%
EPS beat(12)8
Avg EPS beat(12)44.86%
EPS beat(16)11
Avg EPS beat(16)59.01%
Revenue beat(2)0
Avg Revenue beat(2)-3.29%
Min Revenue beat(2)-4.16%
Max Revenue beat(2)-2.41%
Revenue beat(4)1
Avg Revenue beat(4)-2%
Min Revenue beat(4)-4.16%
Max Revenue beat(4)0.23%
Revenue beat(8)3
Avg Revenue beat(8)-0.36%
Revenue beat(12)6
Avg Revenue beat(12)0.95%
Revenue beat(16)8
Avg Revenue beat(16)0.71%
PT rev (1m)1.49%
PT rev (3m)7.28%
EPS NQ rev (1m)-3.33%
EPS NQ rev (3m)1.31%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.35%
Revenue NQ rev (1m)2.09%
Revenue NQ rev (3m)2.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 35.33 | ||
| P/S | 1.34 | ||
| P/FCF | 29.99 | ||
| P/OCF | 15.46 | ||
| P/B | 1.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.85 |
EPS(TTM)0
EYN/A
EPS(NY)0.17
Fwd EY2.83%
FCF(TTM)0.2
FCFY3.33%
OCF(TTM)0.4
OCFY6.47%
SpS4.58
BVpS3.5
TBVpS-0.19
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.31% | ||
| ROE | -2.7% | ||
| ROCE | 3.79% | ||
| ROIC | 3% | ||
| ROICexc | 3.31% | ||
| ROICexgc | 9.13% | ||
| OM | 5.3% | ||
| PM (TTM) | N/A | ||
| GM | 32.93% | ||
| FCFM | 4.48% |
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
ROICexgc growth 3YN/A
ROICexgc 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 | 0.69 | ||
| Debt/FCF | 11.91 | ||
| Debt/EBITDA | 3.57 | ||
| Cap/Depr | 44.71% | ||
| Cap/Sales | 4.2% | ||
| Interest Coverage | 1.12 | ||
| Cash Conversion | 59.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 1.83 |
F-Score4
WACC11.36%
ROIC/WACC0.26
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)-100%
EPS 3Y-75.96%
EPS 5YN/A
EPS Q2Q%25%
EPS Next Y843.5%
EPS Next 2Y316.9%
EPS Next 3Y194.34%
EPS Next 5YN/A
Revenue 1Y (TTM)4.12%
Revenue growth 3Y-6.92%
Revenue growth 5Y9.84%
Sales Q2Q%7.58%
Revenue Next Year7.46%
Revenue Next 2Y6.42%
Revenue Next 3Y6.33%
Revenue Next 5YN/A
EBIT growth 1Y26.88%
EBIT growth 3YN/A
EBIT growth 5Y-8.63%
EBIT Next Year324.2%
EBIT Next 3Y74.8%
EBIT Next 5YN/A
FCF growth 1Y-68.7%
FCF growth 3Y67.85%
FCF growth 5Y8.42%
OCF growth 1Y-59.82%
OCF growth 3Y22.09%
OCF growth 5Y11.45%
LATHAM GROUP INC / SWIM FAQ
What is the fundamental rating for SWIM stock?
ChartMill assigns a fundamental rating of 4 / 10 to SWIM.
What is the valuation status of LATHAM GROUP INC (SWIM) stock?
ChartMill assigns a valuation rating of 4 / 10 to LATHAM GROUP INC (SWIM). This can be considered as Fairly Valued.
What is the profitability of SWIM stock?
LATHAM GROUP INC (SWIM) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for SWIM stock?
The Earnings per Share (EPS) of LATHAM GROUP INC (SWIM) is expected to grow by 843.5% in the next year.
How sustainable is the dividend of LATHAM GROUP INC (SWIM) stock?
The dividend rating of LATHAM GROUP INC (SWIM) is 0 / 10 and the dividend payout ratio is 0%.