ONEW Stock Overview
OneWater Marine Inc. operates as a recreational boat retailer in the United States.
OneWater Marine Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$35.38|
|52 Week High||US$62.79|
|52 Week Low||US$29.86|
|1 Month Change||12.00%|
|3 Month Change||-28.81%|
|1 Year Change||-30.78%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||133.69%|
Recent News & Updates
OneWater: Strongly Growing Through Disciplined Acquisitions
OneWater Marine is a rapidly growing, premium boating retailer growing through a disciplined strategy focused on smart and strategic acquisitions. Down over 44% YTD and hovering around a Fwd. P/E of 4.1, ONEW is near the bottom if management's business strategy proves effective. OneWater has recently announced a $50 MM share repurchase program, potentially removing over 9% of total shares. With only 3% of US retail sales, OneWater has plenty of room to expand in the large and growing boating industry.
|ONEW||US Specialty Retail||US Market|
Return vs Industry: ONEW underperformed the US Specialty Retail industry which returned -24.8% over the past year.
Return vs Market: ONEW underperformed the US Market which returned -10.4% over the past year.
|ONEW Average Weekly Movement||8.9%|
|Specialty Retail Industry Average Movement||8.3%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: ONEW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: ONEW's weekly volatility (9%) has been stable over the past year.
About the Company
OneWater Marine Inc. operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It also provides boat repair and maintenance services.
OneWater Marine Fundamentals Summary
|ONEW fundamental statistics|
Is ONEW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ONEW income statement (TTM)|
|Cost of Revenue||US$1.00b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||6.88|
|Net Profit Margin||7.32%|
How did ONEW perform over the long term?See historical performance and comparison
Is OneWater Marine undervalued compared to its fair value and its price relative to the market?
Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ONEW ($35.38) is trading below our estimate of fair value ($75.45)
Significantly Below Fair Value: ONEW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ONEW is good value based on its PE Ratio (5.1x) compared to the US Specialty Retail industry average (6.5x).
PE vs Market: ONEW is good value based on its PE Ratio (5.1x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: ONEW is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: ONEW is good value based on its PB Ratio (1.8x) compared to the US Specialty Retail industry average (1.9x).
How is OneWater Marine forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ONEW's forecast earnings growth (17.2% per year) is above the savings rate (1.9%).
Earnings vs Market: ONEW's earnings (17.2% per year) are forecast to grow faster than the US market (12.6% per year).
High Growth Earnings: ONEW's earnings are forecast to grow, but not significantly.
Revenue vs Market: ONEW's revenue (12.3% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: ONEW's revenue (12.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ONEW's Return on Equity is forecast to be high in 3 years time
How has OneWater Marine performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ONEW has high quality earnings.
Growing Profit Margin: ONEW's current net profit margins (7.3%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: ONEW's earnings have grown significantly by 61.1% per year over the past 5 years.
Accelerating Growth: ONEW's earnings growth over the past year (140.1%) exceeds its 5-year average (61.1% per year).
Earnings vs Industry: ONEW earnings growth over the past year (140.1%) exceeded the Specialty Retail industry 82.9%.
Return on Equity
High ROE: Whilst ONEW's Return on Equity (40.09%) is outstanding, this metric is skewed due to their high level of debt.
How is OneWater Marine's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ONEW's short term assets ($515.8M) exceed its short term liabilities ($439.0M).
Long Term Liabilities: ONEW's short term assets ($515.8M) exceed its long term liabilities ($501.5M).
Debt to Equity History and Analysis
Debt Level: ONEW's net debt to equity ratio (146.3%) is considered high.
Reducing Debt: Insufficient data to determine if ONEW's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ONEW's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: ONEW's interest payments on its debt are well covered by EBIT (19.8x coverage).
What is OneWater Marine current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ONEW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ONEW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ONEW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ONEW's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ONEW has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Philip Singleton (47 yo)
Mr. Philip Austin Singleton Jr. is a Founder of OneWater Marine Inc. and has been its Chief Executive Officer and Director since April 2019. He is the Chief Executive Officer of One Water Marine Holdings,...
CEO Compensation Analysis
Compensation vs Market: Philip's total compensation ($USD4.43M) is above average for companies of similar size in the US market ($USD2.65M).
Compensation vs Earnings: Philip's compensation has increased by more than 20% in the past year.
Experienced Management: ONEW's management team is considered experienced (3.1 years average tenure).
Experienced Board: ONEW's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.
OneWater Marine Inc.'s employee growth, exchange listings and data sources
- Name: OneWater Marine Inc.
- Ticker: ONEW
- Exchange: NasdaqGM
- Founded: 2014
- Industry: Automotive Retail
- Sector: Retail
- Implied Market Cap: US$550.621m
- Market Cap: US$500.030m
- Shares outstanding: 15.56m
- Website: https://www.onewatermarine.com
Number of Employees
- OneWater Marine Inc.
- 6275 Lanier Islands Parkway
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 00:00|
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 here.