Marinemax Piotroski F Score

HZO -  USA Stock  

USD 40.60  0.66  1.65%

This module uses fundamental data of Marinemax to approximate its Piotroski F score. Marinemax F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Marinemax. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Marinemax financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check Marinemax Altman Z Score, Marinemax Correlation, Marinemax Valuation, as well as analyze Marinemax Alpha and Beta and Marinemax Hype Analysis.
  
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Marinemax Total Debt is quite stable at the moment as compared to the past year. The company's current value of Total Debt is estimated at 212.83 Million. Debt Current is expected to rise to about 45 M this year, although the value of Debt Non Current will most likely fall to about 141.1 M. Marinemax Return on Investment is quite stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 31.85. Cash Flow Per Share is expected to rise to 16.64 this year, although the value of PPandE Turnover will most likely fall to 9.39.
At this time, it appears that Marinemax's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Frail
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthDecreaseFocus
6
Current Ratio ChangeDecreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Marinemax Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Marinemax is to make sure Marinemax is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Marinemax's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Marinemax's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares20.1 M19.8 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted20.8 M20.6 M
Slightly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations463.9 M430 M
Significantly Up
Increasing
Slightly volatile
Total Assets945.5 M1.2 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities399.8 M474.9 M
Fairly Down
Increasing
Slightly volatile
Current Assets541.7 M595.1 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities289.8 M288.8 M
Slightly Up
Increasing
Slightly volatile
Total Debt212.8 M209.9 M
Fairly Up
Increasing
Slightly volatile
Return on Average Assets0.180.19
Notably Down
Increasing
Slightly volatile
Gross Margin0.350.37
Notably Down
Increasing
Slightly volatile
Asset Turnover2.262.46
Significantly Down
Increasing
Slightly volatile

Marinemax F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Marinemax's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Marinemax in a much-optimized way.

About Marinemax Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Weighted Average Shares

20.11 Million

Share
Marinemax Weighted Average Shares is quite stable at the moment as compared to the past year. The company's current value of Weighted Average Shares is estimated at 20.11 Million

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.
201720182019202020212022 (projected)
Net Income Per Employee24.99 K20.52 K42.87 K58.13 K52.32 K56.45 K
Revenue Per Employee748.49 K705.33 K867.27 K773.91 K696.52 K621.1 K
Average Assets665.88 M746.05 M804.95 M963.48 M1.11 B915.75 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA73.86 M72.13 M119.49 M225.06 M258.82 M279.26 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

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.
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida. Marinemax operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 2666 people.

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.

Marinemax Implied Volatility

    
  62.18  
Marinemax's implied volatility exposes the market's sentiment of Marinemax stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Marinemax's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Marinemax stock will not fluctuate a lot when Marinemax's options are near their expiration.
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.

Current Sentiment - HZO

Marinemax Investor Sentiment

Greater number of Macroaxis users are currently bullish on Marinemax. What is your trading attitude regarding investing in Marinemax? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Please check Marinemax Altman Z Score, Marinemax Correlation, Marinemax Valuation, as well as analyze Marinemax Alpha and Beta and Marinemax Hype 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.
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.