Marinemax Z Score

HZO -  USA Stock  

USD 39.94  2.24  5.94%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please check Marinemax Piotroski F Score and Marinemax Valuation analysis.
  
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Marinemax Return on Invested Capital is quite stable at the moment as compared to the past year. The company's current value of Return on Invested Capital is estimated at 0.44. Market Capitalization is expected to rise to about 1.3 B this year, although the value of Capital Expenditure will most likely fall to (23.8 M). Direct Expenses is expected to rise to about 1.4 B this year. Consolidated Income is expected to rise to about 192.3 M this year

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 2021 2022 (projected)
Revenue Per Employee867.27 K773.91 K696.52 K621.1 K
Net Income Per Employee42.87 K58.13 K52.32 K56.45 K
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Marinemax Z Score

    
  8.79  
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 )

Marinemax Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Marinemax is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Marinemax's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Marinemax's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Marinemax's interrelated accounts and indicators.
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 8.79. This is 172.14% higher than that of the Consumer Cyclical sector and 3.62% lower than that of the Specialty Retail industry. This indicator is about the same for all United States stocks average (which is currently at 8.72).

Marinemax Z Score 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 Z Score 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 z score 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.
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

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.
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

    
  59.21  
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?
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2% Bearish
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Please check Marinemax Piotroski F Score and Marinemax Valuation 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.
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.