MarineMax Profitability Analysis

HZO Stock  USD 30.97  0.51  1.67%   
For MarineMax profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MarineMax to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MarineMax utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MarineMax's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MarineMax over time as well as its relative position and ranking within its peers. Please check Risk vs Return Analysis.
  
As of 7th of February 2023, Sales per Share is likely to grow to 103.26, while Price to Sales Ratio is likely to drop 0.43. As of 7th of February 2023, Accumulated Other Comprehensive Income is likely to grow to about 804 K. Also, Consolidated Income is likely to grow to about 192.3 M.

MarineMax Revenues

2.24 Billion

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
665.7 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.

MarineMax Cash per Share vs. Price to Earnings To Growth Fundamental Analysis

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.
MarineMax is one of the top stocks in price to earnings to growth category among related companies. It is one of the top stocks in cash per share category among related companies fabricating about  16.95  of Cash per Share per Price to Earnings To Growth. As of 7th of February 2023, Free Cash Flow is likely to grow to about 431.9 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 Cash per Share vs. Price to Earnings To Growth

PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
MarineMax 
PEG Ratio 
 = 
PE Ratio 
EPS Growth 
0.62 X
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
MarineMax 
Cash per Share 
 = 
Total Cash 
Average Shares 
10.51 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

MarineMax Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in MarineMax, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MarineMax will eventually generate negative long term returns. The profitability progress is the general direction of MarineMax's change in net profit over the period of time. It can combine multiple indicators of MarineMax, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2023
Accumulated Other Comprehensive Income745.2 K804 K
Consolidated Income178.2 M192.3 M
Net Income178.2 M192.3 M
Net Income Common Stock178.2 M192.3 M
Operating Income238.7 M257.5 M
Income Tax Expense58.4 M63.1 M
Net Income Per Employee52.3 K56.4 K

MarineMax Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on MarineMax. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MarineMax position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MarineMax's important profitability drivers and their relationship over time.

MarineMax Profitability Trends

MarineMax profitability trend refers to the progression of profit or loss within a business. An upward trend means that MarineMax's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is MarineMax's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

MarineMax Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between MarineMax different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards MarineMax in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down MarineMax's future profitability.

Use MarineMax in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MarineMax position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MarineMax will appreciate offsetting losses from the drop in the long position's value.

MarineMax Pair Trading

MarineMax Pair Trading Analysis

The ability to find closely correlated positions to MarineMax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MarineMax when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MarineMax - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MarineMax to buy it.
The correlation of MarineMax is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MarineMax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MarineMax moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MarineMax can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your MarineMax position

In addition to having MarineMax in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Marketing Thematic Idea Now

Marketing
Marketing Theme
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marketing Theme or any other thematic opportunities.
View All  Next Launch
Please check Risk vs Return 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
To fully project MarineMax's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MarineMax at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MarineMax's income statement, its balance sheet, and the statement of cash flows.
Potential MarineMax investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although MarineMax investors may work on each financial statement separately, they are all related. The changes in MarineMax's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MarineMax's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.