MarineMax
Market Cap
US$393.0m
Last Updated
2019/08/21 23:38 UTC
Data Sources
Company Financials +
Executive Summary
MarineMax, Inc. operates as a recreational boat and yacht retailer in the United States.
Snowflake
Fundamentals
Solid track record and good value.
Similar Companies
Share Price & News
How has MarineMax's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.2%
NYSE:HZO
5.5%
US Specialty Retail
2.9%
US Market
1 Year Return
-31.7%
NYSE:HZO
-5.6%
US Specialty Retail
0.2%
US Market
HZO underperformed the Specialty Retail industry which returned -8.2% over the past year.
HZO underperformed the Market in United States of America which returned -0.7% over the past year.
Share holder returns
| HZO | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 5.5% | 2.9% |
| 30 Day | 4.1% | -1.3% | -2.3% |
| 90 Day | -12.3% | 3.4% | 3.1% |
| 1 Year | -31.7%-31.7% | -4.0%-5.6% | 2.4%0.2% |
| 3 Year | -26.2%-26.2% | 24.3%18.0% | 41.7%32.4% |
| 5 Year | -18.2%-18.2% | 47.0%33.8% | 55.1%37.9% |
Price Volatility Vs. Market
How volatile is MarineMax's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Calculating The Intrinsic Value Of MarineMax, Inc. (NYSE:HZO)2 weeks ago | Simply Wall St
Is It Too Late To Consider Buying MarineMax, Inc. (NYSE:HZO)?4 weeks ago | Simply Wall St
What You Must Know About MarineMax, Inc.'s (NYSE:HZO) Beta ValueValuation
Is MarineMax undervalued based on future cash flows and its price relative to the stock market?
7.95x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
MarineMax's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
MarineMax's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
MarineMax is good value based on earnings compared to the US Specialty Retail industry average.
MarineMax is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
MarineMax is good value based on expected growth next year.
Price Based on Value of Assets
MarineMax is good value based on assets compared to the US Specialty Retail industry average.
Next Steps
Future Growth
How is MarineMax expected to perform in the next 1 to 3 years based on estimates from 7 analysts?
15.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
MarineMax's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).
MarineMax's earnings are expected to grow by 15.8% yearly, however this is not considered high growth (20% yearly).
MarineMax's revenue growth is positive but not above the United States of America market average.
MarineMax's earnings growth is expected to exceed the United States of America market average.
MarineMax's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if MarineMax will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has MarineMax performed over the past 5 years?
11.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
MarineMax's year on year earnings growth rate has been positive over the past 5 years.
MarineMax's 1-year earnings growth exceeds its 5-year average (28.9% vs 11%)
MarineMax's earnings growth has exceeded the US Specialty Retail industry average in the past year (28.9% vs 10.5%).
Return on Equity
MarineMax has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
MarineMax used its assets more efficiently than the US Specialty Retail industry average last year based on Return on Assets.
Return on Capital Employed
MarineMax has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is MarineMax's financial position?
Financial Position Analysis
MarineMax is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
MarineMax's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
MarineMax's level of debt (78.4%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (56% vs 78.4% today).
Debt is not well covered by operating cash flow (7.8%, less than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 6x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2x debt.
Next Steps
Dividend
What is MarineMax's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate MarineMax's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate MarineMax's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as MarineMax has not reported any payouts.
Unable to verify if MarineMax's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as MarineMax has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of MarineMax's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of MarineMax's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
William McGill (51yo)
0.8yrs
Tenure
US$1,387,091
Compensation
MMr. William Brett McGill is the Chief Executive Officer at MarineMax, Inc. since October 1, 2018 and is the President of MarineMax, Inc. since October 01, 2017. He was the Chief Operating Officer of Marin ...
CEO Compensation Analysis
William's remuneration is about average for companies of similar size in United States of America.
William's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
1.8yrs
Average Tenure
55yo
Average Age
The average tenure for the MarineMax management team is less than 2 years, this suggests a new team.
Board Age and Tenure
5.9yrs
Average Tenure
72yo
Average Age
The tenure for the MarineMax board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
William McGill (75yo)
Executive Chairman
- Tenure: 21.4yrs
- Compensation: US$3.18m
Michael McLamb (54yo)
Executive VP
- Tenure: 15.8yrs
- Compensation: US$1.08m
Michael Aiello (63yo)
National Director of Special Projects
- Tenure: 0.8yrs
- Compensation: US$582.79k
William McGill (51yo)
President & CEO
- Tenure: 0.8yrs
- Compensation: US$1.39m
Chuck Cashman (56yo)
Executive VP & Chief Revenue Officer
- Tenure: 2.8yrs
- Compensation: US$986.79k
Anthony Cassella (50yo)
VP & Chief Accounting Officer
- Tenure: 4.8yrs
- Compensation: US$479.81k
Kyle Langbehn
Vice President of Operations
- Tenure: 0.0yrs
Board Members
Evelyn Follit (72yo)
Director
- Tenure: 3.9yrs
- Compensation: US$162.50k
William McGill (75yo)
Executive Chairman
- Tenure: 21.4yrs
- Compensation: US$3.18m
Michael McLamb (54yo)
Executive VP
- Tenure: 15.8yrs
- Compensation: US$1.08m
Dean Woodman (90yo)
Director Emeritus
- Tenure: 3.5yrs
- Compensation: US$127.04k
George Borst (71yo)
Director
- Tenure: 3.3yrs
- Compensation: US$109.83k
Charles Oglesby (72yo)
Independent Director
- Tenure: 7.2yrs
- Compensation: US$102.00k
Clint Moore (71yo)
Director
- Tenure: 4.7yrs
- Compensation: US$187.00k
Hilliard Eure (82yo)
Director
- Tenure: 14.7yrs
- Compensation: US$190.00k
Joe Watters (77yo)
Independent Director
- Tenure: 13.8yrs
- Compensation: US$134.55k
Rebecca White (61yo)
Director
- Tenure: 1.3yrs
- Compensation: US$11.61k
Company Information
MarineMax, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: MarineMax, Inc.
- Ticker: HZO
- Exchange: NYSE
- Founded: 1998
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: US$393.032m
- Shares outstanding: 27.35m
- Website: https://www.marinemax.com
Number of Employees
Location
- MarineMax, Inc.
- 2600 McCormick Drive
- Suite 200
- Clearwater
- Florida
- 33759
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HZO | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jun 1998 |
| MLW | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 1998 |
Biography
MarineMax, Inc. operates as a recreational boat and yacht retailer in the United States. The company sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sp ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/21 23:38 |
| End of Day Share Price | 2019/08/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/09/30 |
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.