ONESPAWORLD Holdings Ltd (OSW)

Services-Membership Sports & Recreation Clubs

Latest Price

$30.22

TTM P/E

35.98

Normalized P/E

61.42

TTM Div Yield

Fwd Div Yield

0.83%

Book Value

5.62

P/B Ratio

5.37

Valuation metrics

EPS: $0.69

Book value / share: $5.35

Formula: √(22.5 × EPS × BVPS)

Graham Number

$9.11

70% downside

Norm. op. income: $49M (median of 7yr)

Tax rate: 6%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$3.85

87% downside

Base FCF: $63M (median of recent 5yr)

Growth: 24%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$43.47

+44% upside

EPS: $0.69

Target P/E: 61×

Formula: EPS × P/E

P/E Fair Value

$42.09

+39% upside