OneWater Marine Inc.

NasdaqGM:ONEW 株式レポート

時価総額：US$168.5m

OneWater Marine 将来の成長

Future 基準チェック /36

OneWater Marineは、173.4%と2.4%でそれぞれ年率173.4%で利益と収益が成長すると予測される一方、EPSはgrowで172.5%年率。

主要情報

173.4%

収益成長率

172.47%

EPS成長率

Specialty Retail 収益成長10.1%
収益成長率2.4%
将来の株主資本利益率n/a
アナリストカバレッジ

Good

最終更新日04 May 2026

今後の成長に関する最新情報

Recent updates

ナラティブの更新 • May 05

ONEW: Higher Future P/E Assumptions Will Support Long Term Upside Potential

Analysts have trimmed their fair value estimate for OneWater Marine from $17.00 to $13.50, reflecting updated views on revenue growth, profit margin expectations, and a higher assumed future P/E multiple. These changes have also led several firms to lower their price targets by $2.00.
Seeking Alpha • Feb 01

OneWater Marine: The Two Changes I Suggested Are Happening (Rating Upgrade)

Summary OneWater Marine has executed on divestments and deleveraging, selling underperforming dealerships and reducing long-term debt, aligning with my prior recommendations. ONEW's sales mix has shifted toward higher-margin premium new boats and a surge in pre-owned sales, supporting gross margin resilience amid a challenging macro backdrop. Despite a double beat, ONEW remains highly cyclical, with inventory turnover concerns and floorplan financing risk; valuation appears stretched at ~16x EV/EBITDA on FY 2026 guidance. I change to a 'Hold' rating, as improved mix and deleveraging are offset by soft demand, price competition, and limited upside with a $9.70–$13.80 price target range. Read the full article on Seeking Alpha
分析記事 • Jan 16

Revenues Not Telling The Story For OneWater Marine Inc. (NASDAQ:ONEW) After Shares Rise 31%

Those holding OneWater Marine Inc. ( NASDAQ:ONEW ) shares would be relieved that the share price has rebounded 31% in...
分析記事 • Nov 26

Risks Still Elevated At These Prices As OneWater Marine Inc. (NASDAQ:ONEW) Shares Dive 31%

The OneWater Marine Inc. ( NASDAQ:ONEW ) share price has fared very poorly over the last month, falling by a...
分析記事 • Oct 26

Is OneWater Marine (NASDAQ:ONEW) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Aug 17

Calculating The Fair Value Of OneWater Marine Inc. (NASDAQ:ONEW)

NasdaqGM:ONEW 1 Year Share Price vs Fair Value Explore OneWater Marine's Fair Values from the Community and select...
分析記事 • Jul 24

What Is OneWater Marine Inc.'s (NASDAQ:ONEW) Share Price Doing?

While OneWater Marine Inc. ( NASDAQ:ONEW ) might not have the largest market cap around , it saw a significant share...
分析記事 • Jul 03

Is OneWater Marine (NASDAQ:ONEW) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
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新しいナラティブ • Jun 01

Premium Demand And Digital Engagement Will Shape Future Markets

Focus on premium products, digital engagement, and consolidation enhances customer retention and positions for growth as industry conditions improve.
分析記事 • Jan 13

What You Can Learn From OneWater Marine Inc.'s (NASDAQ:ONEW) P/S After Its 29% Share Price Crash

Unfortunately for some shareholders, the OneWater Marine Inc. ( NASDAQ:ONEW ) share price has dived 29% in the last...
分析記事 • Oct 24

OneWater Marine Inc.'s (NASDAQ:ONEW) Earnings Haven't Escaped The Attention Of Investors

It's not a stretch to say that OneWater Marine Inc.'s ( NASDAQ:ONEW ) price-to-sales (or "P/S") ratio of 0.2x right now...
Seeking Alpha • Oct 09

Don't Wait For The Crash: Sell OneWater Marine Before It Sinks Further

Summary OneWater Marine, a $310M marine retailer with high-end products, is financially vulnerable due to cyclical demand, extreme weather risks, and high debt without a clear risk mitigation strategy. ONEW faced a challenging Q3 2024 with an 8.73% revenue decline due to soft demand and significant revenue losses from adverse weather in Texas, heavily affecting sales on all fronts. Hurricane Helene has disrupted OneWater Marine's Gulf Coast operations, threatening further revenue losses in Q4 and compounding the company's weather-related vulnerabilities. The stock appears significantly overvalued compared to its peers, with inflated price multiples and weak financial performance, warranting a strong sell recommendation. Read the full article on Seeking Alpha
分析記事 • Sep 18

OneWater Marine (NASDAQ:ONEW) Has No Shortage Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Aug 01

OneWater Marine Inc. Just Missed EPS By 54%: Here's What Analysts Think Will Happen Next

OneWater Marine Inc. ( NASDAQ:ONEW ) missed earnings with its latest quarterly results, disappointing overly-optimistic...
Seeking Alpha • Jul 23

OneWater Marine: Interesting MarineMax M&A And Q3 News Ahead

Summary OneWater Marine Inc. is going to soon report Q3 earnings, with the guidance and Wall Street suggesting a gradual starting recovery that I believe should be taken with skepticism. Speculation around a potential merger with MarineMax has emerged, and potential news of an acquisition could come soon with ICG's interest in the assets. The ONEW stock is moderately undervalued, but with a reasonable margin of safety considering the potential near-term guidance miss. Read the full article on Seeking Alpha
Seeking Alpha • Jul 05

Navigating Challenges And Opportunities In OneWater Marine's Financial Landscape

Summary OneWater Marine is a dominant player in the marine industry, with a profitable future despite competition and economic instability. The company's financial performance shows a decrease in revenue, but an increase in pre-owned boat sales, with efforts to improve profitability through cost-cutting. Opportunities for OneWater Marine include acquisitions to expand coverage, stabilization of finance and insurance sales, while challenges include pressure in distribution and external economic factors. Read the full article on Seeking Alpha
分析記事 • Jun 07

Is OneWater Marine (NASDAQ:ONEW) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • May 01

More Unpleasant Surprises Could Be In Store For OneWater Marine Inc.'s (NASDAQ:ONEW) Shares After Tumbling 26%

OneWater Marine Inc. ( NASDAQ:ONEW ) shareholders won't be pleased to see that the share price has had a very rough...
Seeking Alpha • Apr 05

OneWater Marine: Solid Business With M&A Strategy Priced Attractively

Summary ONEW’s revenue has grown impressively at a CAGR of +36%, accelerated by an aggressive M&A strategy. The company has developed a compelling competitive position, underpinned by strong geographical reach and relationships with manufacturers. We expect value to be extracted through further M&A as well as optimizing its existing operations. Even if industry growth slows, ONEW could deliver ~10% on the top-line. ONEW is competitive relative to its peers, despite trading at a discount of ~100%. We see considerable value in this region. ONEW is trading at a FCF yield of ~13%, much of which will be utilized for accretive M&A, as Management targets an acquisition multiple of 4x EBITDA while trading at ~9x currently. Read the full article on Seeking Alpha
分析記事 • Jan 27

Is OneWater Marine (NASDAQ:ONEW) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha • Jan 22

OneWater Marine: I'm A Little More Cautious Now, But Still A 'Buy' (FY2023 Update)

Summary OneWater Marine operates as a recreational boat retailer in the United States. They offer new and pre-owned boat sales, finance and insurance products, as well as other related services. In November 2023, the company announced the results of its fiscal year. Despite double-digit growth, profitability was very poor. The poor results are due to a combination of margins normalizing and lower demand, but as soon as demand reactivates, there should be an interesting cyclical swing. The company trades at ∼4.6x EV/EBITDA, making it a deep value idea. Read the full article on Seeking Alpha
分析記事 • Aug 06

OneWater Marine Inc.'s (NASDAQ:ONEW) Intrinsic Value Is Potentially 33% Above Its Share Price

Key Insights OneWater Marine's estimated fair value is US$35.60 based on 2 Stage Free Cash Flow to Equity OneWater...
分析記事 • May 10

We Think OneWater Marine (NASDAQ:ONEW) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha • Oct 11

OneWater Marine to acquire Gulf Coast marine dealership

OneWater Marine (NASDAQ:ONEW) has agreed to acquire Harbor View Marine. The transaction is expected to close in the first quarter of fiscal 2023. Harbor View Marine is said to be the Gulf Coast's largest locally-owned marine dealership. It owns an on-water marina in Pensacola, Florida and roadside location in Orange Beach, Alabama. In addition to new and used boat sales, Harbor View Marine also offers service and repair from certified technicians, parts and accessories. The acquisition will further expand OneWater Marine's (ONEW) footprint on the Gulf Coast and is expected to enhance new and pre-owned boat sales, finance, and parts and services offerings. ONEW shares are up 3% premarket
Seeking Alpha • Sep 11

OneWater Marine: Sailing To Profits

Summary OneWater Marine has been performing remarkably well lately, with strong demand and multiple acquisitions fueling its growth. Though risk remains that the future might look worse than the recent past has been, the company is showing no signs of that being the case. Add in how cheap shares are, and the company makes for a great prospect to consider. I don't know about you, but one of the ways that my parents love most to relax is to take a boat ride. Whether you're going fast or slow, you can have a great experience for all on board. It's generally safe and, in exchange for a rather large upfront investment, you have the opportunity to create joy and memories for many years. One company that's dedicated to retailing marine products is OneWater Marine (ONEW). Over the past few years, the company has achieved remarkable growth. Sales and profits have risen nicely as a result of strong demand for their products and because of continued acquisitions. You would think that a company growing as fast as this would be trading at rather high multiples. But between fears about the broader economy and the nature of investing to sometimes not recognize value for an extended timeframe, shares of the business are trading at very affordable levels. With no downturn even being hinted at based on the firm's financial results and shares trading on the cheap, I cannot help but to rate the enterprise a ‘strong buy’, reflecting my belief that the business should significantly outperform the broader market for the foreseeable future. Taking a cruise with OneWater Marine According to the management team at OneWater Marine, the company operates as one of the largest and fastest-growing marine retailers in the US. As of the end of the second quarter of the current fiscal year, the company operated 96 retail locations, 10 distribution centers and warehouses, and an unspecified number of online marketplaces, all across 19 states. The largest presence for the company is in Florida, where, as of the end of its 2021 fiscal year, it generated 49.4% of its sales. Examples of other key markets include Texas, Alabama, Georgia, Ohio, and more. The company does not seem to focus on just any boats, however. They claimed to be a market leader by volume in the sale of premium boats in many of the key markets in which they operate. They also generate sales from other activities, such as selling related products like finance and insurance, parts, and more. They also generate some of revenue by providing boat-related services for their clients. As of the end of its latest fiscal year, the company generated 11.3% of its sales and 25.8% of its gross profits from non-boat sales. While this disparity in profitability relative to sales may not make sense at first glance, it's worth noting that finance, insurance, maintenance, and other related activities all generally carry strong margins to their sales. Author - SEC EDGAR Data Over the past three years, the management team at OneWater Marine has done a really good job growing the company's top and bottom lines. Revenue rose from $767.6 million in 2019 to $1.02 billion in 2020 before soaring again to $1.23 billion last year. The rise in revenue in 2021 of 20.1% was driven in part by a 9.7% rise in same-store sales. This was because of an increase in the average selling price of new and pre-owned boats, as well as the model mix of boats sold. Management also attributed some of that rise to an increase in finance and insurance sales, as well as a rise in services, parts, and other related revenue. This is not to say that there weren't other factors involved. In fact, the company did benefit rather significantly from five different acquisitions that it made during the 2021 fiscal year. This rise in revenue brought with it an increase in profitability. Consider net income. After falling from $35.7 million in 2019 to $17.4 million in 2020, it shot up to $79.1 million last year. Other profitability metrics followed a similar trajectory. Operating cash flow went from negative $5.7 million in 2019 to positive $212.5 million in 2020. But then, in 2021, it fell to $159.4 million. If we adjust for changes in working capital, however, the metric would have risen consistently, climbing from $41 million in 2019 to $134.9 million last year. Another profitability metric worth looking at is EBITDA. According to the data available, it rose from $72.8 million in 2019 to $155.8 million last year. Author - SEC EDGAR Data Growth for the company has continued into the current fiscal year. This 42.1% increase in revenue for the first nine months of its 2022 fiscal year was driven by a 14.2% rise in same-store sales. Higher average selling prices for new boats, an increase in pre-owned boat unit sales, and a change in product mix, as well as stronger finance and insurance sales and a rise in services, parts, and other related activities, all contributed to this. All of the rest of the revenue increase was driven by the various acquisitions the company made. The firm has been very active this year, making no fewer than seven different purchases. The most recently announced purchase involves a company called Taylor Marine Centers. Though terms were not disclosed, it alone is responsible for $29 million in revenue per year. The largest purchase it made this year was of another publicly traded company called Ocean Bio-Chem, a leading supplier and distributor of appearance, cleaning, and maintenance products for the marine industry. It also operates in the automotive, power sports, recreational vehicles, and outdoor power equipment markets. That particular entity was purchased for $125 million. When it comes to profitability, growth has continued to be robust so far this year. Net income of $112.3 million dwarfs the $62.8 million generated at the same time last year. Operating cash flow did decline, dropping from $153.2 million to $62.1 million. But if we adjust for changes in working capital, it would have risen from $103.7 million to $152.8 million. We also saw an increase in EBITDA, with that metric climbing from $122.3 million in the first nine months of its 2021 fiscal year to $202.2 million the same time this year. When it comes to the 2022 fiscal year as a whole, management has not provided any guidance on revenue. But they did say that same-store sales should rise in the low single-digit rate range. They did say also that EBITDA should be between $240 million and $250 million. Earnings per share, meanwhile, should be between $9.20 and $9.60. At the midpoint, that would translate to net income of $136.4 million. If we assume that adjusted operating cash flow will increase at the same rate that EBITDA should, then we should anticipate a reading this year of $211.8 million. Author - SEC EDGAR Data Thanks to this data, valuing the company is very simple. On a forward basis, the price-to-earnings multiple is just 4. This compares to the 6.9 reading that we get using data from 20 of 21 and is down considerably from the 31.6 reading that we get using data from 2020. The price to adjusted operating cash flow of multiple should be 2.6. That compares favorably to the 4.1 reading using results from last year and the 8.3 reading using data from 2020. And when it comes to the EV to EBITDA approach, the multiple should be 3.4. That compares to 5.3 using data from last year and 10 using data from 2020.

業績と収益の成長予測

NasdaqGM:ONEW - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
9/30/20281,983N/AN/AN/A1
9/30/20271,88116-27-126
9/30/20261,829-346606
3/31/20261,836-1236777N/A
12/31/20251,877-1104153N/A
9/30/20251,872-1157992N/A
6/30/20251,790-1195109N/A
3/31/20251,780-793112N/A
12/31/20241,784-1183107N/A
9/30/20241,773-6835N/A
6/30/20241,846-95-1612N/A
3/31/20241,898-81-74-47N/A
12/31/20231,934-55-125-102N/A
9/30/20231,936-39-154-130N/A
6/30/20231,88379-211-189N/A
3/31/20231,857106-138-118N/A
12/31/20221,775120-126-108N/A
9/30/20221,745131-87N/A
6/30/20221,6281295568N/A
3/31/20221,4631077385N/A
12/31/20211,35091154165N/A
9/30/20211,22879150159N/A
6/30/20211,21965203213N/A
3/31/20211,22345282290N/A
12/31/20201,08325206213N/A
9/30/20201,02317206212N/A
6/30/202096120165170N/A
3/31/2020827381826N/A
12/31/201981833N/A27N/A
9/30/201976836N/A-6N/A
6/30/201971628N/A-26N/A
3/31/20196658N/A-34N/A
12/31/20185953N/A-42N/A
9/30/20186031N/A-4N/A
9/30/2017391-11N/A7N/A

アナリストによる今後の成長予測

収入対貯蓄率: ONEWは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.5% ) よりも高い成長率であると考えられます。

収益対市場: ONEW今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。

高成長収益: ONEW今後 3 年以内に収益を上げることが予想されます。

収益対市場: ONEWの収益 ( 2.4% ) US市場 ( 11.6% ) よりも低い成長が予測されています。

高い収益成長: ONEWの収益 ( 2.4% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: ONEWの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/20 08:46
終値2026/05/20 00:00
収益2026/03/31
年間収益2025/09/30

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

OneWater Marine Inc. 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8

アナリスト機関
Craig KennisonBaird
Michael AlbaneseBenchmark Company
Noah ZatzkinKeyBanc Capital Markets Inc.