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OneWater MarineONEW +4.49%61 Return-on-Tangible-Equity is Negative Tangible Equity% as of Jun. 2026. GuruFocus rates ONEW with a GF Score™ of 61/100 and a GF Value™ of $18.57 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,065 Retail - Cyclical companies, OneWater Marine ranks worse than 93896.62% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. OneWater Marine's annualized net income for the quarter that ended in Jun. 2026 was $47 Mil. OneWater Marine's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $-103 Mil. Therefore, OneWater Marine's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for OneWater Marine's Return-on-Tangible-Equity or its related term are showing as below:
ONEW's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 8.33 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
OneWater Marine Return-on-Tangible-Equity Related Terms
OneWater Marine Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for OneWater Marine's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ONEW vs EVGO, FLWS, HTLM: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, OneWater Marine's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
OneWater Marine Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, OneWater Marine's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where OneWater Marine's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
OneWater Marine (ONEW) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on OneWater Marine and its competitors. According to the industry distribution chart, OneWater Marine ranks #999999 out of 1065 companies in the Retail - Cyclical industry.
Is OneWater Marine's Return-on-Tangible-Equity too high?
OneWater Marine's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, OneWater Marine ranks #999999 out of 1065 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, OneWater Marine has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OneWater Marine's Return-on-Tangible-Equity compare to EVGO and FLWS?
According to the Retail - Cyclical industry distribution chart, OneWater Marine ranks #999999 out of 1065 companies for Return-on-Tangible-Equity. This places OneWater Marine in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.33, based on 1,065 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on OneWater Marine and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OneWater Marine's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OneWater Marine stock overvalued right now?
Based on GuruFocus' analysis, OneWater Marine (ONEW) is currently considered Possible Value Trap. The stock's GF Value™ is $18.57, compared to a current price of $12.80 — trading 31.1% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. OneWater Marine's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For OneWater Marine (ONEW), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is OneWater Marine (ONEW) Overvalued in 2026?
Based on GuruFocus' analysis, OneWater Marine stock appears to be undervalued.
The current stock price of $12.80 is trading 31.1% below its estimated GF Value™ of $18.57.
GuruFocus considers OneWater Marine to be Possible Value Trap.
No single metric tells the full story. See the ONEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segments: Dealership and Distribution. The Dealership segment is involved in selling new and pre-owned boats. It also arranges financing and insurance products, provides repairs and maintenance services, offers marine-related parts and accessories, and supplies slip and storage accommodations at certain locations. The Distribution segment focuses on the manufacturing, assembly, and distribution of marine-related products. These products are supplied to distributors, box retailers, and online retailers through a network of warehouses and distribution centers. The company generates the majority of its revenue from the Dealership segment.
61GF Score
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