VISION MARINE TECHNOLOGIES (VMAR)
CAC966571167 - Common Stock
Taking everything into account, VMAR scores 2 out of 10 in our fundamental rating. VMAR was compared to 31 industry peers in the Leisure Products industry. Both the profitability and financial health of VMAR have multiple concerns. VMAR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
VMAR had negative earnings in the past year.
VMAR had a negative operating cash flow in the past year.
In the past 5 years VMAR reported 4 times negative net income.
In the past 5 years VMAR always reported negative operating cash flow.
1.2 Ratios
With a Return On Assets value of -85.76%, VMAR is not doing good in the industry: 83.87% of the companies in the same industry are doing better.
With a Return On Equity value of -395.01%, VMAR is not doing good in the industry: 87.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -85.76% | ||
| ROE | -395.01% | ||
| ROIC | N/A |
ROA(3y)-56.94%
ROA(5y)-44.32%
ROE(3y)-93.41%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VMAR's Gross Margin of 43.22% is fine compared to the rest of the industry. VMAR outperforms 70.97% of its industry peers.
In the last couple of years the Gross Margin of VMAR has declined.
The Profit Margin and Operating Margin are not available for VMAR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 43.22% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.21%
GM growth 5Y-7.09%
2. Health
2.1 Basic Checks
VMAR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, VMAR has more shares outstanding
Compared to 1 year ago, VMAR has a worse debt to assets ratio.
2.2 Solvency
VMAR has an Altman-Z score of -6.28. This is a bad value and indicates that VMAR is not financially healthy and even has some risk of bankruptcy.
VMAR has a worse Altman-Z score (-6.28) than 87.10% of its industry peers.
VMAR has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.28, VMAR perfoms like the industry average, outperforming 51.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -6.28 |
ROIC/WACCN/A
WACC7.14%
2.3 Liquidity
A Current Ratio of 2.24 indicates that VMAR has no problem at all paying its short term obligations.
With a Current ratio value of 2.24, VMAR perfoms like the industry average, outperforming 48.39% of the companies in the same industry.
A Quick Ratio of 0.87 indicates that VMAR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.87, VMAR is doing worse than 70.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.24 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The earnings per share for VMAR have decreased strongly by -4869.64% in the last year.
Looking at the last year, VMAR shows a very negative growth in Revenue. The Revenue has decreased by -29.16% in the last year.
Measured over the past years, VMAR shows a very strong growth in Revenue. The Revenue has been growing by 34.79% on average per year.
EPS 1Y (TTM)-4869.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%18.75%
Revenue 1Y (TTM)-29.16%
Revenue growth 3Y32.66%
Revenue growth 5Y34.79%
Sales Q2Q%-51%
3.2 Future
VMAR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.49% yearly.
Based on estimates for the next years, VMAR will show a quite strong growth in Revenue. The Revenue will grow by 9.41% on average per year.
EPS Next Y52.19%
EPS Next 2Y17.49%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-44.53%
Revenue Next 2Y9.41%
Revenue Next 3YN/A
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
VMAR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year VMAR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as VMAR's earnings are expected to grow with 17.49% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y17.49%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for VMAR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
VISION MARINE TECHNOLOGIES
NASDAQ:VMAR (12/3/2024, 12:19:00 PM)
1.76
-0.23 (-11.56%)
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 Cap1.37M
Analysts
Price Target
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 | N/A | ||
| Fwd PE | N/A | ||
| 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 | -85.76% | ||
| ROE | -395.01% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 43.22% | ||
| 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 Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.24 | ||
| Quick Ratio | 0.87 | ||
| 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)-4869.64%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y52.19%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-29.16%
Revenue growth 3Y32.66%
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