Malibu Boats (NASDAQ:MBUU) & OneWater Marine (NASDAQ:ONEW) Financial Comparison

Malibu Boats (NASDAQ:MBUU) and OneWater Marine (NASDAQ:ONEW) are both small-cap consumer discretionary companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings and institutional ownership.

Analyst Ratings

This is a summary of recent recommendations and price targets for Malibu Boats and OneWater Marine, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Malibu Boats	1	6	1	0	2.00
OneWater Marine	1	3	2	0	2.17

Malibu Boats currently has a consensus target price of $32.80, suggesting a potential upside of 12.87%. OneWater Marine has a consensus target price of $17.00, suggesting a potential upside of 49.25%. Given OneWater Marine’s stronger consensus rating and higher probable upside, analysts plainly believe OneWater Marine is more favorable than Malibu Boats.

Profitability

This table compares Malibu Boats and OneWater Marine’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Malibu Boats	1.76%	4.25%	2.95%
OneWater Marine	-5.88%	4.32%	0.96%

Risk and Volatility

Malibu Boats has a beta of 1.22, meaning that its share price is 22% more volatile than the S&P 500. Comparatively, OneWater Marine has a beta of 1.68, meaning that its share price is 68% more volatile than the S&P 500.

Institutional & Insider Ownership

91.3% of Malibu Boats shares are held by institutional investors. Comparatively, 94.3% of OneWater Marine shares are held by institutional investors. 1.2% of Malibu Boats shares are held by insiders. Comparatively, 19.5% of OneWater Marine shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares Malibu Boats and OneWater Marine”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Malibu Boats	$819.06 million	0.66	$14.88 million	$0.73	39.81
OneWater Marine	$1.87 billion	0.10	-$114.58 million	($6.74)	-1.69

Malibu Boats has higher earnings, but lower revenue than OneWater Marine. OneWater Marine is trading at a lower price-to-earnings ratio than Malibu Boats, indicating that it is currently the more affordable of the two stocks.

Summary

OneWater Marine beats Malibu Boats on 8 of the 14 factors compared between the two stocks.

About Malibu Boats

Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt. The company provides performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brands. Its products are used for a range of recreational boating activities, including water sports, such as water skiing, wakeboarding, and wake surfing; and general recreational boating and fishing. The company sells its products through independent dealers in North America, Europe, Asia, the Middle East, South America, South Africa, and Australia/New Zealand. Malibu Boats, Inc. was founded in 1982 and is based in Loudon, Tennessee.

About OneWater Marine

OneWater Marine Inc. operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services. Further, it provides rental of boats and personal watercraft services. OneWater Marine Inc. was founded in 2014 and is headquartered in Buford, Georgia.