MarineMax, Inc.

NYSE:HZO Stock Report

Market Cap: US$608.1m

MarineMax Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 HZO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate HZO's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate HZO's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HZO. This is calculated by dividing HZO's market cap by their current earnings.
What is HZO's PE Ratio?
PE Ratio11x
EarningsUS$55.20m
Market CapUS$608.10m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HZO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.4x
ODP ODP
21x47.2%US$545.4m
BBW Build-A-Bear Workshop
9.6x3.4%US$503.0m
SBH Sally Beauty Holdings
5.2x4.0%US$911.5m
WINA Winmark
30x8.3%US$1.2b
HZO MarineMax
11x14.2%US$608.1m

Price-To-Earnings vs Peers: HZO is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (16.4x).

Price to Earnings Ratio vs Industry

How does HZO's PE Ratio compare vs other companies in the US Specialty Retail Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TKLF Tokyo Lifestyle
2.4xn/aUS$16.51m
SSOK Sunstock
0.7xn/aUS$511.15k
MASN Maison Luxe
0.1xn/aUS$192.03k
No more companies available in this PE range
HZO 11.0xIndustry Avg. 14.8xNo. of Companies14PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HZO is good value based on its Price-To-Earnings Ratio (11x) compared to the US Specialty Retail industry average (14.8x).

Price to Earnings Ratio vs Fair Ratio

What is HZO'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.

HZO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11x
Fair PE Ratio16.8x

Price-To-Earnings vs Fair Ratio: HZO is good value based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (16.8x).

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 HZO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$26.78
US$38.57
+44.0%
5.5%US$41.00US$35.00n/a7
Feb ’26US$30.36
US$39.00
+28.5%
6.7%US$43.00US$35.00n/a7
Jan ’26US$28.95
US$39.63
+36.9%
7.4%US$44.00US$34.00n/a8
Dec ’25US$34.32
US$39.63
+15.5%
7.4%US$44.00US$34.00n/a8
Nov ’25US$28.97
US$39.88
+37.6%
6.2%US$44.00US$36.00n/a8
Oct ’25US$33.61
US$42.29
+25.8%
8.5%US$49.00US$37.00n/a7
Sep ’25US$31.72
US$41.71
+31.5%
8.6%US$49.00US$37.00n/a7
Aug ’25US$32.72
US$42.50
+29.9%
7.7%US$49.00US$40.00n/a6
Jul ’25US$30.55
US$34.86
+14.1%
17.7%US$48.00US$26.00n/a7
Jun ’25US$28.48
US$33.43
+17.4%
10.7%US$38.00US$26.00n/a7
May ’25US$24.51
US$34.14
+39.3%
10.3%US$38.00US$26.00n/a7
Apr ’25US$33.12
US$36.86
+11.3%
6.9%US$40.00US$33.00n/a7
Mar ’25US$33.21
US$36.86
+11.0%
6.9%US$40.00US$33.00n/a7
Feb ’25US$29.92
US$37.14
+24.1%
11.0%US$42.00US$29.00US$30.367
Jan ’25US$38.90
US$39.71
+2.1%
10.6%US$45.00US$31.00US$28.957
Dec ’24US$32.21
US$38.57
+19.7%
11.7%US$45.00US$31.00US$34.327
Nov ’24US$28.11
US$39.33
+39.9%
11.2%US$45.00US$31.00US$28.976
Oct ’24US$32.82
US$43.71
+33.2%
8.8%US$47.00US$35.00US$33.617
Sep ’24US$34.16
US$45.00
+31.7%
3.4%US$47.00US$43.00US$31.727
Aug ’24US$39.31
US$45.00
+14.5%
3.4%US$47.00US$43.00US$32.727
Jul ’24US$34.16
US$35.75
+4.7%
15.8%US$48.00US$30.00US$30.558
Jun ’24US$28.92
US$35.75
+23.6%
15.8%US$48.00US$30.00US$28.488
May ’24US$28.00
US$38.25
+36.6%
19.7%US$52.00US$30.00US$24.518
Apr ’24US$28.75
US$42.11
+46.5%
15.5%US$52.00US$34.00US$33.129
Mar ’24US$33.76
US$42.11
+24.7%
15.5%US$52.00US$34.00US$33.219
Feb ’24US$31.25
US$40.00
+28.0%
15.1%US$52.00US$33.00US$29.929
Analyst Price Target
Consensus Narrative from 7 Analysts
US$38.57
Fair Value
30.6% undervalued intrinsic discount
7
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 04:29
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/09/30

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

MarineMax, Inc. is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael AlbaneseBenchmark Company
Eric WoldB. Riley Securities, Inc.
Anna GlaessgenB. Riley Securities, Inc.