OneSpaWorld Holdings Limited

NasdaqCM:OSW Stock Report

Market Cap: US$2.1b

OneSpaWorld Holdings Valuation

Is OSW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OSW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

US$18.65
Fair Value
12.2% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: OSW ($20.93) is trading above our estimate of fair value ($18.65)

Significantly Below Fair Value: OSW is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OSW?

Key metric: As OSW is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for OSW. This is calculated by dividing OSW's market cap by their current earnings.
What is OSW's PE Ratio?
PE Ratio30.2x
EarningsUS$71.15m
Market CapUS$2.15b

Price to Earnings Ratio vs Peers

How does OSW's PE Ratio compare to its peers?

The above table shows the PE ratio for OSW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.2x
MCW Mister Car Wash
19.9x22.00%US$1.7b
FTDR Frontdoor
19.5x3.12%US$5.0b
CSV Carriage Services
14.5x6.62%US$751.0m
HRB H&R Block
10.9x2.47%US$6.6b
OSW OneSpaWorld Holdings
30.2x14.33%US$2.1b

Price-To-Earnings vs Peers: OSW is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the peer average (16.2x).

Price to Earnings Ratio vs Industry

How does OSW's PE Ratio compare vs other companies in the US Consumer Services Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
WW WW International
0.2x-92.66%US$264.25m
STG Sunlands Technology Group
2.3xn/aUS$111.28m
RGS Regis
0.6xn/aUS$72.06m
REDU RISE Education Cayman
1xn/aUS$40.41m
OSW 30.2xIndustry Avg. 18.3xNo. of Companies8PE01224364860+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OSW is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the US Consumer Services industry average (18.3x).

Price to Earnings Ratio vs Fair Ratio

What is OSW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OSW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.2x
Fair PE Ratio21x

Price-To-Earnings vs Fair Ratio: OSW is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the estimated Fair Price-To-Earnings Ratio (21x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OSW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$20.93
US$24.67
+17.85%
1.91%US$25.00US$24.00n/a3
Sep ’26US$22.57
US$24.67
+9.29%
1.91%US$25.00US$24.00n/a3
Aug ’26US$21.79
US$23.67
+8.61%
7.97%US$25.00US$21.00n/a3
Jul ’26US$20.74
US$22.00
+6.08%
3.71%US$23.00US$21.00n/a3
Jun ’26US$18.86
US$22.00
+16.65%
8.50%US$24.00US$19.00n/a4
May ’26US$17.85
US$21.50
+20.45%
8.39%US$24.00US$19.00n/a4
Apr ’26US$16.68
US$23.75
+42.39%
4.59%US$25.00US$22.00n/a4
Mar ’26US$19.08
US$23.75
+24.48%
4.59%US$25.00US$22.00n/a4
Feb ’26US$21.36
US$22.25
+4.17%
8.02%US$25.00US$20.00n/a4
Jan ’26US$19.90
US$21.75
+9.30%
6.80%US$24.00US$20.00n/a4
Dec ’25US$18.99
US$20.50
+7.95%
12.20%US$24.00US$17.00n/a4
Nov ’25US$17.58
US$20.50
+16.61%
12.20%US$24.00US$17.00n/a4
Oct ’25US$16.28
US$19.50
+19.78%
9.25%US$22.00US$17.00US$20.594
Sep ’25US$15.87
US$19.50
+22.87%
9.25%US$22.00US$17.00US$22.574
Aug ’25US$15.91
US$19.50
+22.56%
9.25%US$22.00US$17.00US$21.794
Jul ’25US$15.13
US$18.00
+18.97%
13.03%US$22.00US$16.00US$20.744
Jun ’25US$15.55
US$17.75
+14.15%
14.01%US$22.00US$16.00US$18.864
May ’25US$14.30
US$17.25
+20.63%
12.55%US$21.00US$16.00US$17.854
Apr ’25US$13.40
US$17.25
+28.73%
12.55%US$21.00US$16.00US$16.684
Mar ’25US$13.15
US$17.67
+34.35%
13.34%US$21.00US$16.00US$19.083
Feb ’25US$14.02
US$17.25
+23.04%
12.55%US$21.00US$16.00US$21.364
Jan ’25US$14.10
US$15.50
+9.93%
7.21%US$17.00US$14.00US$19.904
Dec ’24US$12.23
US$14.75
+20.61%
10.03%US$17.00US$13.00US$18.994
Nov ’24US$10.33
US$15.75
+52.47%
19.76%US$21.00US$13.00US$17.584
Oct ’24US$11.22
US$16.00
+42.60%
18.22%US$21.00US$14.00US$16.284
US$24.67
Fair Value
15.1% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 15:42
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OneSpaWorld Holdings Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephanie Schiller WissinkJefferies LLC
Harry CurtisNomura Securities Co. Ltd.
Steven WieczynskiStifel, Equities Research