OneWater Marine Inc. (ONEW) vs QVC Group Inc. (QVCG)

OneWater Marine Inc. and QVC Group Inc. are both Specialty Retail companies. QVC Group Inc. is the larger, with a market value of $379.0M against $159.7M — 2.4× the size. OneWater Marine Inc. grew revenue faster over the last twelve months: 1.32% against −8.14%. QVC Group Inc. has the higher net margin (−0.21% vs −6.72%) and the higher return on invested capital (0.00% vs −10.3%). Across the 13 metrics below, QVC Group Inc. leads on 10 and OneWater Marine Inc. on 3.

Valuation

Metric ONEW QVCG Specialty Retail median
P/E n/m — 18.57
P/S 0.09 n/m 0.53
P/B 0.55 n/m 2.02
Price to free cash flow 2.82 n/m 14.00
EV/EBITDA n/m n/m 7.83
EV/Sales 0.24 (0.13) 0.69
Earnings yield (78.01%) — 4.07%
Free cash flow yield 35.50% 0.00% 3.32%

Profitability

Metric ONEW QVCG Specialty Retail median
Gross margin 23.50% 33.27% 36.12%
Operating margin (5.07%) 4.21% 4.14%
Net margin (6.72%) (0.21%) 2.47%
Free cash flow margin 3.11% 3.11% 2.61%
Return on equity (35.89%) (4.91%) 4.15%
Return on assets (8.57%) (0.25%) 0.92%
Return on invested capital (10.34%) 0.00% 3.49%

Growth

Metric ONEW QVCG Specialty Retail median
Revenue growth (TTM) 1.32% (8.14%) 3.45%
EPS growth (last fiscal year) (1,751.28%) — 21.08%
Revenue growth, 5-year CAGR 12.85% (6.28%) 3.91%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ONEW QVCG Specialty Retail median
Debt to equity 1.22 0.00 0.26
Current ratio 1.22 3.21 1.35
Net debt to EBITDA (5.69) (19.28) 0.35

Dividend

Metric ONEW QVCG Specialty Retail median
Dividend yield — — 1.42%
Payout ratio — — 0.28

Size

Metric ONEW QVCG Specialty Retail median
Market cap 159.66m 379.00m 440.94m

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