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OneWater MarineONEW -1.21%61 3-Year ROIIC % is 128.11 as of Sep. 2025, which is 488% above its 10-year median of 21.78. GuruFocus rates ONEW with a GF Score™ of 61/100 and a GF Value™ of $18.59 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,060 Retail - Cyclical companies, OneWater Marine ranks better than 93.68% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
OneWater Marine's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 128.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for OneWater Marine's 3-Year ROIIC % or its related term are showing as below:
ONEW's 3-Year ROIIC % is ranked better than 93.68% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 4.235
vs ONEW: 128.11
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
OneWater Marine 3-Year ROIIC % Related Terms
OneWater Marine 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for OneWater Marine's 3-Year ROIIC % 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: 3-Year ROIIC % Comparison
For the Specialty Retail subindustry, OneWater Marine's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, OneWater Marine's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where OneWater Marine's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
OneWater Marine (ONEW) has a 3-Year ROIIC % of 128.11 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on OneWater Marine and its competitors. This is 488% above median its historical median of 21.78. According to the industry distribution chart, OneWater Marine ranks #67 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 6.3%.
Is OneWater Marine's 3-Year ROIIC % too high?
OneWater Marine's current 3-Year ROIIC % of 128.11 is 488% above median its 10-year median of 21.78. The Retail - Cyclical industry median 3-Year ROIIC % is 4.24. OneWater Marine's value of 128.11 is 2925% above this industry median. Based on the distribution chart, OneWater Marine ranks #67 out of 1060 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position 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 3-Year ROIIC % compare to EVGO and FLWS?
According to the Retail - Cyclical industry distribution chart, OneWater Marine ranks #67 out of 1060 companies for 3-Year ROIIC %. This places OneWater Marine in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.24. OneWater Marine's value of 128.11 is 2925% above this benchmark. While the company's 10-year median is 21.78 vs. the industry median of 4.24, OneWater Marine has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.24, based on 1,060 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OneWater Marine's current 3-Year ROIIC % of 128.11 is 2925% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on OneWater Marine and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OneWater Marine's current 3-Year ROIIC % is 128.11, which is 488% above median its own 10-year median of 21.78. 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 $18.59, compared to a current price of $12.25 — trading 34.1% below its estimated fair value. The current 3-Year ROIIC % is 128.11, which is 488% above median its 10-year median of 21.78 and 2925% above the Retail - Cyclical industry median of 4.24. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For OneWater Marine (ONEW), the current 3-Year ROIIC % is 128.11 as of Sep. 2025. 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 $12.25 is trading 34.1% below its estimated GF Value™ of $18.59.
GuruFocus considers OneWater Marine to be Possible Value Trap.
Key valuation signals for ONEW:
3-Year ROIIC %: 128.11 (488% above median its 10-year median of 21.78)
GF Value™: $18.59 vs. price of $12.25 (34.1% below fair value)
Industry Position: 2925% above the Retail - Cyclical median (#67 of 1060)
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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