OneSpaWorld Holdings Limited (OSW) vs Peloton Interactive, Inc. (PTON)

OneSpaWorld Holdings Limited and Peloton Interactive, Inc. are both Leisure companies. OneSpaWorld Holdings Limited and Peloton Interactive, Inc. are of similar size ($2.3B and $2.1B). OneSpaWorld Holdings Limited trades at the lower P/E: 28.7× against 35.1×. OneSpaWorld Holdings Limited grew revenue faster over the last twelve months: 9.82% against −1.80%. OneSpaWorld Holdings Limited has the higher net margin (8.02% vs 2.58%) and the higher return on invested capital (9.04% vs 0.00%). Across the 20 metrics below, OneSpaWorld Holdings Limited leads on 10 and Peloton Interactive, Inc. on 10.

Valuation

Metric OSW PTON Leisure median
P/E 28.65 35.14 17.42
P/S 2.32 0.85 1.02
P/B 4.02 n/m 2.13
Price to free cash flow 29.90 5.53 11.49
EV/EBITDA 20.29 9.60 9.97
EV/Sales 2.36 0.89 2.00
Earnings yield 3.49% 2.85% 2.85%
Free cash flow yield 3.34% 18.07% 3.64%

Profitability

Metric OSW PTON Leisure median
Gross margin 16.79% 52.60% 48.02%
Operating margin 8.92% 6.57% 3.08%
Net margin 8.02% 2.58% 2.58%
Free cash flow margin 7.75% 15.44% 2.13%
Return on equity 14.32% (22.84%) 0.00%
Return on assets 11.08% 3.02% 0.05%
Return on invested capital 9.04% 0.00% 3.95%

Growth

Metric OSW PTON Leisure median
Revenue growth (TTM) 9.82% (1.80%) 3.28%
EPS growth (last fiscal year) 0.00% 146.67% —
Revenue growth, 5-year CAGR 51.37% (9.47%) 4.22%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric OSW PTON Leisure median
Debt to equity 0.14 (9.30) 0.02
Current ratio 2.91 2.84 1.76
Net debt to EBITDA 0.62 0.41 1.85

Dividend

Metric OSW PTON Leisure median
Dividend yield — — 2.86%
Payout ratio 0.00 0.00 0.00

Size

Metric OSW PTON Leisure median
Market cap 2.29b 2.10b 293.27m

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