Head to Head Comparison: SNDL (NASDAQ:SNDL) and OneWater Marine (NASDAQ:ONEW)

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

Analyst Recommendations

This is a summary of current ratings for OneWater Marine and SNDL, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
OneWater Marine	1	2	2	0	2.20
SNDL	1	1	1	0	2.00

OneWater Marine presently has a consensus target price of $13.33, suggesting a potential upside of 4.13%. SNDL has a consensus target price of $5.00, suggesting a potential upside of 301.61%. Given SNDL’s higher probable upside, analysts plainly believe SNDL is more favorable than OneWater Marine.

Volatility & Risk

OneWater Marine has a beta of 1.53, indicating that its stock price is 53% more volatile than the S&P 500. Comparatively, SNDL has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
OneWater Marine	-6.72%	2.22%	0.44%
SNDL	-2.36%	-2.01%	-1.67%

Valuation & Earnings

This table compares OneWater Marine and SNDL”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
OneWater Marine	$1.81 billion	0.12	-$114.58 million	($7.46)	-1.72
SNDL	$928.39 million	0.35	-$11.29 million	($0.06)	-20.75

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

Insider and Institutional Ownership

94.3% of OneWater Marine shares are held by institutional investors. 19.5% of OneWater Marine shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

OneWater Marine beats SNDL on 9 of the 14 factors compared between the two stocks.

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.

About SNDL

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores. In addition, the company produces and distributes inhalable products, such as flower, pre-rolls, and vapes. It offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. The company was formerly known as Sundial Growers Inc. and changed its name to SNDL Inc. in July 2022. SNDL Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.