Onewater Marine (ONEW) - Net Assets
Based on the latest financial reports, Onewater Marine (ONEW) has net assets worth $277.49 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.44 Billion) and total liabilities ($1.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Onewater Marine asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $277.49 Million |
| % of Total Assets | 19.24% |
| Annual Growth Rate | 33.6% |
| 5-Year Change | 11.82% |
| 10-Year Change | N/A |
| Growth Volatility | 118.43 |
Onewater Marine - Net Assets Trend (2017–2025)
This chart illustrates how Onewater Marine's net assets have evolved over time, based on quarterly financial data. Also explore Onewater Marine assets under control for the complete picture of this company's asset base.
Annual Net Assets for Onewater Marine (2017–2025)
The table below shows the annual net assets of Onewater Marine from 2017 to 2025. For live valuation and market cap data, see ONEW stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $284.95 Million | -27.08% |
| 2024-09-30 | $390.75 Million | -5.63% |
| 2023-09-30 | $414.08 Million | -6.92% |
| 2022-09-30 | $444.88 Million | +74.58% |
| 2021-09-30 | $254.83 Million | +47.06% |
| 2020-09-30 | $173.29 Million | +356.39% |
| 2019-09-30 | $37.97 Million | +80.32% |
| 2018-09-30 | $21.06 Million | -25.00% |
| 2017-09-30 | $28.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Onewater Marine's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1140.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $44.95 Million | 15.78% |
| Common Stock | $164.00K | 0.06% |
| Other Comprehensive Income | $-643.00K | -0.23% |
| Other Components | $240.48 Million | 84.39% |
| Total Equity | $284.95 Million | 100.00% |
Onewater Marine Competitors by Market Cap
The table below lists competitors of Onewater Marine ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enea AB
ST:ENEA
|
$162.84 Million |
|
Empresas Iansa S.A
SN:IANSA
|
$162.84 Million |
|
Vivozon Healthcare Inc
KQ:082800
|
$162.99 Million |
|
Eightco Holdings Inc.
NASDAQ:ORBS
|
$163.01 Million |
|
Shaniv
TA:SHAN
|
$162.79 Million |
|
Cango Inc
NYSE:CANG
|
$162.78 Million |
|
Ellsworth Convertible Growth & IF
NYSE MKT:ECF
|
$162.75 Million |
|
Harvatek Corp
TW:6168
|
$162.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Onewater Marine's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 360,810,000 to 284,953,000, a change of -75,857,000 (-21.0%).
- Net loss of 114,582,000 reduced equity.
- Dividend payments of 275,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,254,000.
- Other factors increased equity by 37,746,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-114.58 Million | -40.21% |
| Dividends Paid | $275.00K | -0.1% |
| Other Comprehensive Income | $1.25 Million | +0.44% |
| Other Changes | $37.75 Million | +13.25% |
| Total Change | $- | -21.02% |
Book Value vs Market Value Analysis
This analysis compares Onewater Marine's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.55x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.01x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | $4.88 | $9.80 | x |
| 2018-09-30 | $2.96 | $9.80 | x |
| 2019-09-30 | $5.22 | $9.80 | x |
| 2020-09-30 | $19.54 | $9.80 | x |
| 2021-09-30 | $19.89 | $9.80 | x |
| 2022-09-30 | $26.88 | $9.80 | x |
| 2023-09-30 | $25.03 | $9.80 | x |
| 2024-09-30 | $24.74 | $9.80 | x |
| 2025-09-30 | $17.96 | $9.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Onewater Marine utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -40.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.12%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 4.93x
- Recent ROE (-40.21%) is below the historical average (9.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -16.24% | -1.09% | 1.52x | 9.82x | $-6.90 Million |
| 2018 | 6.99% | 0.19% | 1.61x | 23.52x | $-479.74K |
| 2019 | 66.40% | 2.75% | 1.52x | 15.89x | $17.92 Million |
| 2020 | 14.18% | 1.70% | 2.23x | 3.73x | $5.14 Million |
| 2021 | 34.99% | 6.44% | 1.70x | 3.19x | $56.47 Million |
| 2022 | 33.98% | 7.50% | 1.17x | 3.89x | $92.41 Million |
| 2023 | -10.76% | -1.99% | 1.15x | 4.71x | $-74.45 Million |
| 2024 | -1.58% | -0.32% | 1.11x | 4.41x | $-41.79 Million |
| 2025 | -40.21% | -6.12% | 1.33x | 4.93x | $-143.08 Million |
Industry Comparison
This section compares Onewater Marine's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $975,343,691
- Average return on equity (ROE) among peers: 21.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Onewater Marine (ONEW) | $277.49 Million | -16.24% | 4.20x | $162.81 Million |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $14.81 Million |
| Arhaus Inc (ARHS) | $209.69 Million | 65.16% | 3.47x | $408.93 Million |
| Arko Corp (ARKO) | $376.87 Million | 5.53% | 8.61x | $656.33 Million |
| Academy Sports Outdoors Inc (ASO) | $988.22 Million | 12.15% | 3.38x | $3.47 Billion |
| BARK, Inc. (BARK) | $217.06 Million | -31.47% | 1.00x | $135.54 Million |
| Build-A-Bear Workshop Inc (BBW) | $15.53 Million | 37.79% | 5.03x | $466.31 Million |
| Bath & Body Works Inc. (BBWI) | $1.88 Billion | 21.49% | 0.82x | $3.93 Billion |
| Best Buy Co. Inc (BBY) | $5.16 Billion | 19.45% | 2.07x | $12.58 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $195.00 Million | 7.63% | 1.34x | $33.00 Million |
| Barnes & Noble Education Inc (BNED) | $710.52 Million | 4.25% | 0.44x | $250.98 Million |
About Onewater Marine
OneWater Marine Inc. operates as a recreational marine retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products comprising parts and accessories. It also provides boat repair and maintenance services; and other ancillary services, including indoor and outdoor storage, and marina services. In addition, the company arrange… Read more