MARINEMAX, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 25.37 USD | -0.90% |
|
-9.49% | -34.78% |
| Apr. 26 | B. Riley Securities Adjusts MarineMax's Price Target to $38 From $40, Keeps Buy Rating | MT |
| Apr. 26 | Truist Cuts Price Target on MarineMax to $35 From $40, Keeps Buy Rating | MT |
Valuation
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 335.2 | 555.2 | 1,055 | 641.5 | 719.1 | 565.8 | - | - |
| Enterprise Value (EV) 1 | 335.2 | 555.2 | 1,055 | 641.5 | 719.1 | 565.8 | 565.8 | 565.8 |
| P/E ratio | 9.86 x | 7.62 x | 7.16 x | 3.37 x | 6.74 x | 11.7 x | 7.73 x | - |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.27 x | 0.37 x | 0.51 x | 0.28 x | 0.3 x | 0.23 x | 0.22 x | 0.21 x |
| EV / Revenue | 0.27 x | 0.37 x | 0.51 x | 0.28 x | 0.3 x | 0.23 x | 0.22 x | 0.21 x |
| EV / EBITDA | 4.65 x | 4.58 x | 4.69 x | 2.22 x | 3 x | 3.28 x | 2.64 x | 2.22 x |
| EV / FCF | -11.4 x | 1.9 x | 3.03 x | 35.4 x | -2.5 x | -5.67 x | 6.06 x | - |
| FCF Yield | -8.8% | 52.6% | 33% | 2.83% | -40% | -17.6% | 16.5% | - |
| Price to Book | 0.94 x | 1.25 x | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 21,653 | 21,628 | 21,745 | 21,534 | 21,910 | 22,301 | - | - |
| Reference price 2 | 15.48 | 25.67 | 48.52 | 29.79 | 32.82 | 25.37 | 25.37 | 25.37 |
| Announcement Date | 10/29/19 | 10/28/20 | 10/26/21 | 10/27/22 | 10/26/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,237 | 1,510 | 2,063 | 2,308 | 2,395 | 2,452 | 2,569 | 2,678 |
| EBITDA 1 | 72.13 | 121.1 | 225.1 | 289.4 | 239.5 | 172.5 | 214.6 | 255 |
| EBIT 1 | 60.53 | 108.4 | 209.5 | 270 | 203.4 | 142.2 | 174 | 219 |
| Operating Margin | 4.89% | 7.18% | 10.15% | 11.7% | 8.49% | 5.8% | 6.77% | 8.18% |
| Earnings before Tax (EBT) 1 | 48.95 | 97.44 | 205.8 | 261.9 | 147.4 | 67.26 | 103.7 | - |
| Net income 1 | 35.98 | 74.63 | 155 | 198 | 109.3 | 49.86 | 76.22 | - |
| Net margin | 2.91% | 4.94% | 7.51% | 8.58% | 4.56% | 2.03% | 2.97% | - |
| EPS 2 | 1.570 | 3.370 | 6.780 | 8.840 | 4.870 | 2.163 | 3.280 | - |
| Free Cash Flow 1 | -29.49 | 291.9 | 348.1 | 18.14 | -287.6 | -99.8 | 93.3 | - |
| FCF margin | -2.38% | 19.33% | 16.87% | 0.79% | -12.01% | -4.07% | 3.63% | - |
| FCF Conversion (EBITDA) | - | 240.92% | 154.67% | 6.27% | - | - | 43.47% | - |
| FCF Conversion (Net income) | - | 391.07% | 224.61% | 9.16% | - | - | 122.41% | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 10/29/19 | 10/28/20 | 10/26/21 | 10/27/22 | 10/26/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: September | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 472.7 | 610.1 | 688.5 | 536.8 | 507.9 | 570.3 | 721.8 | 594.6 | 527.3 | 582.9 | 731.4 | 612.8 | 555.8 | 609.5 | 766.5 |
| EBITDA 1 | 51.7 | 76.59 | 100.2 | 60.88 | 53.2 | 57.35 | 83.49 | 42.57 | 26.65 | 29.6 | 70.27 | 44.28 | 35.58 | 35.73 | 82.5 |
| EBIT 1 | 47.2 | 71.78 | 95.3 | 55.72 | 45.08 | 55.4 | 74.58 | 33.04 | 19 | 21.4 | 62.93 | 36.81 | 27.83 | 28.05 | 73.96 |
| Operating Margin | 9.99% | 11.77% | 13.84% | 10.38% | 8.87% | 9.71% | 10.33% | 5.56% | 3.6% | 3.67% | 8.6% | 6.01% | 5.01% | 4.6% | 9.65% |
| Earnings before Tax (EBT) 1 | 46.56 | 71.13 | 94.29 | 49.94 | 27.02 | 42.12 | 59.78 | 18.51 | 0.634 | 2.027 | 44.68 | 18.55 | 10.01 | 10.27 | 57.17 |
| Net income 1 | 35.94 | 53.51 | 70.18 | 38.36 | 19.69 | 30.04 | 44.42 | 15.14 | 0.93 | 1.587 | 32.82 | 13.5 | 6.958 | 7.19 | 41.4 |
| Net margin | 7.6% | 8.77% | 10.19% | 7.15% | 3.88% | 5.27% | 6.15% | 2.55% | 0.18% | 0.27% | 4.49% | 2.2% | 1.25% | 1.18% | 5.4% |
| EPS 2 | 1.590 | 2.370 | 3.170 | 1.730 | 0.8900 | 1.350 | 1.980 | 0.6700 | 0.0400 | 0.0700 | 1.425 | 0.5800 | 0.3000 | 0.3050 | 1.765 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 1/27/22 | 4/28/22 | 7/28/22 | 10/27/22 | 1/26/23 | 4/27/23 | 7/27/23 | 10/26/23 | 1/25/24 | 4/25/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -29.5 | 292 | 348 | 18.1 | -288 | -99.8 | 93.3 | - |
| ROE (net income / shareholders' equity) | 9.97% | 18.1% | - | 29.3% | 13.8% | 5.26% | 6.64% | - |
| ROA (Net income/ Total Assets) | 5.05% | 9.57% | - | - | - | - | - | - |
| Assets 1 | 712.3 | 779.7 | - | - | - | - | - | - |
| Book Value Per Share | 16.50 | 20.60 | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 17.1 | 12.8 | 26.1 | 58.5 | 65.4 | 56.5 | 59.5 | - |
| Capex / Sales | 1.38% | 0.85% | 1.27% | 2.53% | 2.73% | 2.31% | 2.32% | - |
| Announcement Date | 10/29/19 | 10/28/20 | 10/26/21 | 10/27/22 | 10/26/23 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
25.37
USD
Average target price
34.14
USD
Spread / Average Target
+34.58%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -34.78% | 566M | |
| -6.91% | 14.28B | |
| -34.98% | 320M | |
| +1.32% | 53.65M |
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- Financials MarineMax, Inc.
