MarineMax, Inc. Fundamental Analysis (NYSE: HZO)
MarineMax, Inc. (NYSE: HZO) shows weak financial fundamentals with a PE ratio of 199.06, profit margin of 0.18%, and ROE of 0.42%. The company generates $2.2B in annual revenue with weak year-over-year growth of -5.01%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 22.2/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze HZO's fundamental strength across five key dimensions:
Efficiency Score
WeakHZO struggles to generate sufficient returns from assets.
Valuation Score
ModerateHZO shows balanced valuation metrics.
Growth Score
WeakHZO faces weak or negative growth trends.
Financial Health Score
ModerateHZO shows balanced financial health with some risks.
Profitability Score
ModerateHZO maintains healthy but balanced margins.
Key Financial Metrics
Is HZO Expensive or Cheap?
P/E Ratio
HZO trades at 199.06 times earnings. This suggests a premium valuation.
PEG Ratio
When adjusting for growth, HZO's PEG of -3.09 indicates potential undervaluation.
Price to Book
The market values MarineMax, Inc. at 0.83 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -1.82 times EBITDA. This is generally considered low.
How Well Does HZO Make Money?
Net Profit Margin
For every $100 in sales, MarineMax, Inc. keeps $0.18 as profit after all expenses.
Operating Margin
Core operations generate 2.93 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $0.42 in profit for every $100 of shareholder equity.
ROA
MarineMax, Inc. generates $0.17 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
MarineMax, Inc. generates limited operating cash flow of $219.16M, signaling weaker underlying cash strength.
Free Cash Flow
MarineMax, Inc. produces free cash flow of $178.15M, offering steady but limited capital for shareholder returns and expansion.
FCF Per Share
Each share generates $8.09 in free cash annually.
FCF Yield
HZO converts 22.48% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
199.06
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-3.09
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.83
vs 25 benchmark
P/S Ratio
Price to sales ratio
0.36
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.17
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.23
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.004
vs 25 benchmark
ROA
Return on assets percentage
0.002
vs 25 benchmark
ROCE
Return on capital employed
0.04
vs 25 benchmark
How HZO Stacks Against Its Sector Peers
| Metric | HZO Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 199.06 | 27.65 | Worse (Expensive) |
| ROE | 0.42% | 929.00% | Weak |
| Net Margin | 0.18% | -2997.00% (disorted) | Weak |
| Debt/Equity | 1.17 | 0.61 | Weak (High Leverage) |
| Current Ratio | 1.23 | 2.38 | Neutral |
| ROA | 0.17% | 318.00% | Weak |
HZO outperforms its industry in 0 out of 6 key metrics, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews MarineMax, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
49.46%
Industry Style: Cyclical, Growth, Discretionary
High GrowthEPS CAGR
-141.41%
Industry Style: Cyclical, Growth, Discretionary
DecliningFCF CAGR
-76.65%
Industry Style: Cyclical, Growth, Discretionary
Declining