Analyzing OneWater Marine (ONEW) and The Competition

OneWater Marine (NASDAQ:ONEW) is one of 285 public companies in the “Specialty Retail” industry, but how does it contrast to its peers? We will compare OneWater Marine to related businesses based on the strength of its earnings, dividends, institutional ownership, valuation, risk, profitability and analyst recommendations.

Volatility and Risk

OneWater Marine has a beta of 1.58, indicating that its stock price is 58% more volatile than the S&P 500. Comparatively, OneWater Marine’s peers have a beta of 1.91, indicating that their average stock price is 91% more volatile than the S&P 500.

Institutional & Insider Ownership

94.3% of OneWater Marine shares are owned by institutional investors. Comparatively, 51.9% of shares of all “Specialty Retail” companies are owned by institutional investors. 19.5% of OneWater Marine shares are owned by insiders. Comparatively, 20.5% of shares of all “Specialty Retail” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares OneWater Marine and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
OneWater Marine	-6.72%	2.20%	0.44%
OneWater Marine Competitors	-3.69%	-14.02%	3.17%

Valuation and Earnings

This table compares OneWater Marine and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
OneWater Marine	$1.87 billion	-$114.58 million	-1.36
OneWater Marine Competitors	$7.05 billion	$386.47 million	30.98

OneWater Marine’s peers have higher revenue and earnings than OneWater Marine. OneWater Marine is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current ratings for OneWater Marine and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
OneWater Marine	1	2	2	0	2.20
OneWater Marine Competitors	3676	15602	21627	590	2.46

OneWater Marine currently has a consensus target price of $13.00, indicating a potential upside of 27.83%. As a group, “Specialty Retail” companies have a potential upside of 6.46%. Given OneWater Marine’s higher probable upside, equities analysts clearly believe OneWater Marine is more favorable than its peers.

Summary

OneWater Marine peers beat OneWater Marine on 10 of the 13 factors compared.

About OneWater Marine

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 provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services. Further, it provides rental of boats and personal watercraft services. OneWater Marine Inc. was founded in 2014 and is headquartered in Buford, Georgia.