LATHAM GROUP INC (SWIM) Stock Fundamental Analysis
USA - NASDAQ:SWIM - US51819L1070 - Common Stock
7.35 USD
-0.14 (-1.87%)
7.35 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to SWIM. SWIM was compared to 33 industry peers in the Leisure Products industry. While SWIM seems to be doing ok healthwise, there are quite some concerns on its profitability. SWIM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SWIM had negative earnings in the past year.
SWIM had a positive operating cash flow in the past year.
In the past 5 years SWIM reported 4 times negative net income.
Each year in the past 5 years SWIM had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -1.61%, SWIM perfoms like the industry average, outperforming 57.58% of the companies in the same industry.
With a decent Return On Equity value of -3.33%, SWIM is doing good in the industry, outperforming 60.61% of the companies in the same industry.
The Return On Invested Capital of SWIM (2.17%) 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 7.26%.
| 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 has a Operating Margin of 3.86%. This is comparable to the rest of the industry: SWIM outperforms 57.58% of its industry peers.
SWIM's Operating Margin has declined in the last couple of years.
SWIM has a Gross Margin (32.00%) which is in line with its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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
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.
The Altman-Z score of SWIM (2.02) is comparable to the rest of the industry.
SWIM has a debt to FCF ratio of 24.00. This is a negative value and a sign of low solvency as SWIM would need 24.00 years to pay back of 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.
The Debt to Equity ratio of SWIM (0.70) is worse than 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 24 | ||
| Altman-Z | 2.02 |
ROIC/WACC0.19
WACC11.69%
2.3 Liquidity
A Current Ratio of 2.39 indicates that SWIM has no problem at all paying 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.
A Quick Ratio of 1.51 indicates that SWIM should not have too much problems paying its short term obligations.
SWIM has a better Quick ratio (1.51) than 60.61% of its industry peers.
| 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.
SWIM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -75.96% yearly.
The Revenue has decreased by -0.11% in the past year.
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)-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
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.
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 reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 42.29, which means the current valuation is very expensive for SWIM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SWIM is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.63. SWIM is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 42.29 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SWIM.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SWIM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 72.2 | ||
| EV/EBITDA | 16.45 |
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.
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 2Y316.9%
EPS Next 3Y194.34%
5. Dividend
5.1 Amount
SWIM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.35
-0.14 (-1.87%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners88.97%
Inst Owner Change-0.2%
Ins Owners7.48%
Ins Owner Change0.25%
Market Cap856.57M
Revenue(TTM)521.83M
Net Income(TTM)-13256000
Analysts80
Price Target7.82 (6.39%)
Short Float %4.04%
Short Ratio7.52
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)0%
PT rev (3m)7.4%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.76%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 42.29 | ||
| P/S | 1.64 | ||
| P/FCF | 72.2 | ||
| P/OCF | 26.36 | ||
| P/B | 2.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.45 |
EPS(TTM)-0.02
EYN/A
EPS(NY)0.17
Fwd EY2.36%
FCF(TTM)0.1
FCFY1.39%
OCF(TTM)0.28
OCFY3.79%
SpS4.48
BVpS3.42
TBVpS-0.33
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/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
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 | 0.7 | ||
| 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 | 2.02 |
F-Score4
WACC11.69%
ROIC/WACC0.19
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 Y843.5%
EPS Next 2Y316.9%
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 Year324.2%
EBIT Next 3Y74.8%
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%
LATHAM GROUP INC / SWIM FAQ
What is the fundamental rating for SWIM stock?
ChartMill assigns a fundamental rating of 3 / 10 to SWIM.
What is the valuation status of LATHAM GROUP INC (SWIM) stock?
ChartMill assigns a valuation rating of 3 / 10 to LATHAM GROUP INC (SWIM). This can be considered as Overvalued.
What is the profitability of SWIM stock?
LATHAM GROUP INC (SWIM) has a profitability rating of 3 / 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%.