Discounted Cash Flow

Marinemax Inc.

HZO · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2025

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $942.0m $22.6m $9.9m 2.4% $0.93
2017 $1.1b (11.7%) $23.5m (4.3%) $-9.6m (-196.7%) 2.2% (-6.7%) $0.98 (5.4%)
2018 $1.2b (11.9%) $39.3m (67.0%) $56.6m (688.3%) 3.3% (49.2%) $1.77 (80.6%)
2019 $1.2b (5.1%) $36.0m (-8.5%) $-29.5m (-152.1%) 2.9% (-12.9%) $1.61 (-9.0%)
2020 $1.5b (22.0%) $74.6m (107.4%) $291.9m (1089.8%) 4.9% (70.0%) $3.46 (114.9%)
2021 $2.1b (36.7%) $155.0m (107.7%) $347.8m (19.1%) 7.5% (51.9%) $7.04 (103.5%)
2022 $2.3b (11.9%) $198.0m (27.8%) $18.1m (-94.8%) 8.6% (14.2%) $9.12 (29.5%)
2023 $2.4b (3.8%) $109.3m (-44.8%) $-287.6m (-1685.8%) 4.6% (-46.8%) $5.00 (-45.2%)
2024 $2.4b (1.5%) $38.1m (-65.2%) $-86.1m (70.1%) 1.6% (-65.7%) $1.71 (-65.8%)
2025 $2.3b (-5.0%) $-31.6m (-183.1%) $11.9m (113.9%) -1.4% (-187.5%) $-1.43 (-183.6%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

loss_in_2025

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.