Analyzing OneWater Marine (NASDAQ:ONEW) & Marine Products (NYSE:MPX)

Marine Products (NYSE:MPX) and OneWater Marine (NASDAQ:ONEW) are both small-cap consumer discretionary companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, institutional ownership and earnings.

Institutional and Insider Ownership

13.9% of Marine Products shares are held by institutional investors. Comparatively, 94.3% of OneWater Marine shares are held by institutional investors. 75.2% of Marine Products shares are held by insiders. Comparatively, 20.3% of OneWater Marine shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Marine Products and OneWater Marine”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Marine Products	$227.67 million	1.30	$17.85 million	$0.37	22.93
OneWater Marine	$1.79 billion	0.14	-$5.70 million	($0.81)	-18.90

Marine Products has higher earnings, but lower revenue than OneWater Marine. OneWater Marine is trading at a lower price-to-earnings ratio than Marine Products, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent recommendations for Marine Products and OneWater Marine, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Marine Products	1	0	0	0	1.00
OneWater Marine	2	4	3	0	2.11

OneWater Marine has a consensus price target of $20.00, indicating a potential upside of 30.63%. Given OneWater Marine’s stronger consensus rating and higher probable upside, analysts plainly believe OneWater Marine is more favorable than Marine Products.

Volatility and Risk

Marine Products has a beta of 0.97, indicating that its share price is 3% less volatile than the S&P 500. Comparatively, OneWater Marine has a beta of 1.88, indicating that its share price is 88% more volatile than the S&P 500.

Profitability

This table compares Marine Products and OneWater Marine’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Marine Products	6.26%	10.98%	7.98%
OneWater Marine	-0.61%	0.45%	0.11%

Summary

Marine Products beats OneWater Marine on 8 of the 14 factors compared between the two stocks.

About Marine Products

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of domestic and international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products Corporation operates as a subsidiary of LOR, Inc.

About OneWater Marine

OneWater Marine Inc. operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services. Further, it provides rental of boats and personal watercraft services. OneWater Marine Inc. was founded in 2014 and is headquartered in Buford, Georgia.