MarineMax Inc (HZO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of MarineMax Inc stock $11.72, price $52.70, that is 77.8% below the price, quality 44 out of 100. Rating: strongly overvalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
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MarineMax Inc
HZO · USOur calculation puts a fair price 78% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $17.66 – $59.07 · fair‑value band $11.72 – $25.38 · the $52.70 price screens above the $11.72 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Company profile
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates through two segments, Retail Operations and Product Manufacturing.
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The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats.
It also offers marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories, such as life jackets, inflatables, and water sports equipment.
In addition, the company provides novelty items, such as shirts, caps, and license plates; marine engines and equipment; maintenance, repair, and slip and storage services; and boat or yacht brokerage services, as well as yacht charters and power catamarans.
Further, it offers new or used boat finance services; arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, trailer tire and wheel protection, and casualty insurance coverage; and manufactures and sells sport yachts and yachts.
Additionally, the company operates MarineMax vacations in Tortola and British Virgin Islands. It also markets and sells its products through offsite locations and print catalog. The company was incorporated in 1998 and is based in Oldsmar, Florida.
Stock analysis
MarineMax Inc (HZO) currently trades at $52.70, while our model-based Fair Value estimate is $11.72, 78% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $23.19 per share, and 0 of the 10 models we run sit above the $52.70 price.
Bear case: the Earnings-Based group reads lowest at $6.69, and 10 of the 10 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $11.72 (bear) to $25.38 (bull), the price of $52.70 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Consumer Cyclical sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
MarineMax Inc reported revenue of $2.2B in FY2026 versus $2.3B in FY2022, a compound −1.6%/yr. Reported net income was −$8.2M in FY2026.
Key figures
Market cap $1.2B Small · P/E ratio 329.4 · P/S ratio 0.55 · EPS (TTM) $0.1600 · Net margin 0.2% · Return on equity 0.5% · Return on assets (EBIT) 7.8% (5-year average) · Operating margin 6.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 20 out of 100 (medium confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades at its 52-week high and 146% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −5% fair-value upside, at −78%, HZO screens richer than that median.
Fair Value models
All 11 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, no officer or director bought or sold shares on the open market.
Plus 6 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
HZO screens overvalued: fair value 78% below the price. Compare with Alimentation Couche-Tard Inc →
Compare MarineMax Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Retail · 203 stocks
Valuation Multiplesvs Specialty Retail median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Debt-to-equity by industry
- Price/FCF by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Retail stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| DICK'S Sporting Goods, Inc DKS | $140.82 | $201.62 | +43% | vs HZO |
| Alimentation Couche-Tard Inc ATD | C$83.20 | C$106.00 | +27% | vs HZO |
| Ulta Beauty, Inc ULTA | $644.76 | $650.56 | +1% | vs HZO |
| Tractor Supply Company TSCO | $36.35 | $36.33 | +0% | vs HZO |
| Best Buy Co BBY | $99.63 | $94.70 | −5% | vs HZO |
| China Tourism Group 601888 | ¥54.22 | ¥48.19 | −11% | vs HZO |
| Five Below, Inc FIVE | $240.30 | $184.99 | −23% | vs HZO |
| Williams-Sonoma, Inc WSM | $254.06 | $164.11 | −35% | vs HZO |
| Casey's General Stores, Inc CASY | $687.64 | $405.93 | −41% | vs HZO |
| GameStop Corp GME | $25.12 | $11.87 | −53% | vs HZO |
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Frequently asked questions
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Key figures of MarineMax Inc
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