MarineMax Fundamentals

HZO Stock  USD 30.80  1.38  4.29%   
MarineMax fundamentals help investors to digest information that contributes to MarineMax's financial success or failures. It also enables traders to predict the movement of MarineMax Stock. The fundamental analysis module provides a way to measure MarineMax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MarineMax stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
As of 6th of February 2023, Direct Expenses is likely to grow to about 1.5 B. Also, Consolidated Income is likely to grow to about 192.3 M.

MarineMax Z Score Analysis

MarineMax's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2022 2023 (projected)
Interest Expense9.28 M3.67 M4.21 M5.8 M
Gross Profit398.71 M659.43 M758.35 M818.22 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current MarineMax Z Score

    
  9.4  
Most of MarineMax's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MarineMax is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

According to the company's disclosures, MarineMax has a Z Score of 9.4. This is 191.02% higher than that of the Specialty Retail sector and 3.07% higher than that of the Consumer Discretionary industry. The z score for all United States stocks is 7.8% lower than that of the firm.

MarineMax Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MarineMax's current stock value. Our valuation model uses many indicators to compare MarineMax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MarineMax competition to find correlations between indicators driving MarineMax's intrinsic value. More Info.
MarineMax is one of the top stocks in short ratio category among related companies. It is rated below average in price to earning category among related companies reporting about  0.45  of Price to Earning per Short Ratio. The ratio of Short Ratio to Price to Earning for MarineMax is roughly  2.21 . As of 6th of February 2023, Price to Earnings Ratio is likely to grow to 6.36. Also, Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to grow to about 273.7 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value MarineMax by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MarineMax's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MarineMax's earnings, one of the primary drivers of an investment's value.

MarineMax Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MarineMax's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MarineMax could also be used in its relative valuation, which is a method of valuing MarineMax by comparing valuation metrics of similar companies.
MarineMax is currently under evaluation in current ratio category among related companies.

MarineMax Current Valuation Drivers

We derive many important indicators used in calculating different scores of MarineMax from analyzing MarineMax's financial statements. These drivers represent accounts that assess MarineMax's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MarineMax's important valuation drivers and their relationship over time.
201820192020202120222023 (projected)
Net Income Per Employee20.52 K42.87 K58.13 K58.06 K52.25 K56.38 K
Revenue Per Employee705.33 K867.27 K773.91 K676.86 K609.18 K577.47 K
Average Assets665.88 M746.05 M804.95 M963.48 M1.11 B915.75 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA72.13 M119.52 M223.36 M281.9 M253.71 M273.74 M
Earnings Before Interest Taxes and Depreciation Amortization USD73.86 M72.13 M119.49 M225.06 M258.82 M279.26 M
Earnings before Tax53.28 M48.95 M97.44 M205.79 M236.66 M255.35 M
Average Equity330.78 M367.13 M412.06 M543.39 M624.9 M505.63 M
Enterprise Value744.1 M641.62 M656.83 M1.02 B1.17 B941.8 M
Free Cash Flow56.8 M(28.51 M)294.33 M348.11 M400.32 M431.93 M
Invested Capital491.16 M580.67 M455.57 M515.97 M593.37 M554.83 M
Invested Capital Average515.06 M564 M589.03 M581.47 M668.69 M604.1 M
Market Capitalization573.44 M423.39 M555.19 M1.06 B1.21 B1.31 B
Tangible Asset Value613.05 M720.01 M691.03 M806.7 M927.71 M801.66 M
Working Capital179.28 M155.69 M230.79 M266.43 M306.39 M251.93 M

MarineMax Fundamentals

About MarineMax Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MarineMax's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MarineMax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MarineMax based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2023
Cost of Revenue1.6 B1.7 B
Revenues2.1 B2.2 B
Revenue to Assets 1.54  1.50 
Revenue Per Employee609.2 K577.5 K

MarineMax Investors Sentiment

The influence of MarineMax's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in MarineMax. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to MarineMax's public news can be used to forecast risks associated with investment in MarineMax. The trend in average sentiment can be used to explain how an investor holding MarineMax can time the market purely based on public headlines and social activities around MarineMax. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
MarineMax's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MarineMax's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average MarineMax's news discussions. The higher the estimated score, the more favorable is the investor's outlook on MarineMax.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MarineMax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MarineMax's short interest history, or implied volatility extrapolated from MarineMax options trading.

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Please check MarineMax Piotroski F Score and MarineMax Altman Z Score analysis. Note that the MarineMax information on this page should be used as a complementary analysis to other MarineMax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for MarineMax Stock analysis

When running MarineMax price analysis, check to measure MarineMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MarineMax is operating at the current time. Most of MarineMax's value examination focuses on studying past and present price action to predict the probability of MarineMax's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MarineMax's price. Additionally, you may evaluate how the addition of MarineMax to your portfolios can decrease your overall portfolio volatility.
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Is MarineMax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MarineMax. If investors know MarineMax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MarineMax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44) 
Market Capitalization
673.1 M
Quarterly Revenue Growth
0.075
Return On Assets
0.0993
Return On Equity
0.2514
The market value of MarineMax is measured differently than its book value, which is the value of MarineMax that is recorded on the company's balance sheet. Investors also form their own opinion of MarineMax's value that differs from its market value or its book value, called intrinsic value, which is MarineMax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MarineMax's market value can be influenced by many factors that don't directly affect MarineMax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MarineMax's value and its price as these two are different measures arrived at by different means. Investors typically determine MarineMax value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarineMax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.