(SPWH) Sportsmans - Ratings and Ratios
Camping, Fishing, Hunting, Apparel, Footwear
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 80.1% |
| Value at Risk 5%th | 117% |
| Relative Tail Risk | -11.60% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.02 |
| Alpha | -60.74 |
| CAGR/Max DD | -0.50 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.351 |
| Beta | 1.808 |
| Beta Downside | 2.646 |
| Drawdowns 3y | |
|---|---|
| Max DD | 90.62% |
| Mean DD | 61.02% |
| Median DD | 67.59% |
Description: SPWH Sportsmans November 14, 2025
Sportsmans Warehouse Holdings, Inc. (NASDAQ: SPWH) is a U.S.-based specialty retailer focused on outdoor sporting goods, operating a network of brick-and-mortar stores and an e-commerce platform. Its merchandise spans camping gear, fishing equipment, hunting and shooting supplies, apparel, footwear, and related accessories, complemented by in-store services such as archery technician work, reel winding, and scope mounting.
Beyond national brands, the company markets several private-label lines-including Rustic Ridge, Killik, Vital Impact, Yukon Gold, Lost Creek, and its own Sportsmans Warehouse brand-aimed at boosting margin contribution and differentiating the assortment.
Recent operational metrics (FY 2023) show revenue of roughly $1.4 billion, with same-store sales increasing about 7 % year-over-year and e-commerce accounting for roughly 15 % of total sales, reflecting the broader shift toward omnichannel retail in the outdoor-recreation sector. The industry is further buoyed by rising discretionary spending on outdoor activities, which has grown at an average 4 % annual rate over the past three years, and by favorable weather patterns that drive seasonal demand for camping and hunting gear.
For analysts seeking a deeper quantitative dive, the ValueRay platform offers a consolidated view of SPWH’s financials, valuation multiples, and peer comparisons that can help surface any hidden upside or risk.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income (-37.1m TTM) > 0 and > 6% of Revenue (6% = 72.9m TTM) |
| FCFTA -0.04 (>2.0%) and ΔFCFTA -7.46pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 6.22% (prev 6.18%; Δ 0.04pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.02 (>3.0%) and CFO -17.7m > Net Income -37.1m (YES >=105%, WARN >=100%) |
| Net Debt (550.8m) to EBITDA (14.6m) ratio: 37.67 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.20 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (39.2m) change vs 12m ago 3.40% (target <= -2.0% for YES) |
| Gross Margin 31.44% (prev 28.12%; Δ 3.31pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 129.1% (prev 126.9%; Δ 2.26pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -1.42 (EBITDA TTM 14.6m / Interest Expense TTM 13.7m) >= 6 (WARN >= 3) |
Altman Z'' 1.02
| (A) 0.08 = (Total Current Assets 445.9m - Total Current Liabilities 370.4m) / Total Assets 913.9m |
| (B) 0.13 = Retained Earnings (Balance) 121.0m / Total Assets 913.9m |
| (C) -0.02 = EBIT TTM -19.4m / Avg Total Assets 940.8m |
| (D) 0.17 = Book Value of Equity 121.4m / Total Liabilities 704.3m |
| Total Rating: 1.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 29.94
| 1. Piotroski 2.50pt |
| 2. FCF Yield -6.49% |
| 3. FCF Margin -3.27% |
| 4. Debt/Equity 2.64 |
| 5. Debt/Ebitda 37.67 |
| 6. ROIC - WACC (= -1.47)% |
| 7. RoE -17.05% |
| 8. Rev. Trend -44.87% |
| 9. EPS Trend -53.39% |
What is the price of SPWH shares?
Over the past week, the price has changed by -11.63%, over one month by -26.92%, over three months by -50.00% and over the past year by -41.98%.
Is SPWH a buy, sell or hold?
- Strong Buy: 3
- Buy: 1
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the SPWH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 3 | 94.1% |
| Analysts Target Price | 3 | 94.1% |
| ValueRay Target Price | 1 | -37.5% |
SPWH Fundamental Data Overview December 13, 2025
P/E Forward = 12.6743
P/S = 0.0501
P/B = 0.2975
P/EG = 0.68
Beta = 0.601
Revenue TTM = 1.21b USD
EBIT TTM = -19.4m USD
EBITDA TTM = 14.6m USD
Long Term Debt = 44.0m USD (from longTermDebt, last quarter)
Short Term Debt = 219.2m USD (from shortTermDebt, last quarter)
Debt = 553.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 550.8m USD (from netDebt column, last quarter)
Enterprise Value = 611.6m USD (60.8m + Debt 553.1m - CCE 2.25m)
Interest Coverage Ratio = -1.42 (Ebit TTM -19.4m / Interest Expense TTM 13.7m)
FCF Yield = -6.49% (FCF TTM -39.7m / Enterprise Value 611.6m)
FCF Margin = -3.27% (FCF TTM -39.7m / Revenue TTM 1.21b)
Net Margin = -3.05% (Net Income TTM -37.1m / Revenue TTM 1.21b)
Gross Margin = 31.44% ((Revenue TTM 1.21b - Cost of Revenue TTM 832.8m) / Revenue TTM)
Gross Margin QoQ = 32.81% (prev 31.97%)
Tobins Q-Ratio = 0.67 (Enterprise Value 611.6m / Total Assets 913.9m)
Interest Expense / Debt = 0.73% (Interest Expense 4.05m / Debt 553.1m)
Taxrate = 96.26% (206.0k / 214.0k)
NOPAT = -724.8k (EBIT -19.4m * (1 - 96.26%)) [loss with tax shield]
Current Ratio = 1.20 (Total Current Assets 445.9m / Total Current Liabilities 370.4m)
Debt / Equity = 2.64 (Debt 553.1m / totalStockholderEquity, last quarter 209.5m)
Debt / EBITDA = 37.67 (Net Debt 550.8m / EBITDA 14.6m)
Debt / FCF = -13.89 (negative FCF - burning cash) (Net Debt 550.8m / FCF TTM -39.7m)
Total Stockholder Equity = 217.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -4.05% (Net Income -37.1m / Total Assets 913.9m)
RoE = -17.05% (Net Income TTM -37.1m / Total Stockholder Equity 217.3m)
RoCE = -7.42% (EBIT -19.4m / Capital Employed (Equity 217.3m + L.T.Debt 44.0m))
RoIC = -0.19% (negative operating profit) (NOPAT -724.8k / Invested Capital 377.7m)
WACC = 1.28% (E(60.8m)/V(613.9m) * Re(12.68%) + D(553.1m)/V(613.9m) * Rd(0.73%) * (1-Tc(0.96)))
Discount Rate = 12.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.33%
Fair Price DCF = unknown (Cash Flow -39.7m)
EPS Correlation: -53.39 | EPS CAGR: -38.33% | SUE: -0.05 | # QB: 0
Revenue Correlation: -44.87 | Revenue CAGR: -5.91% | SUE: 0.02 | # QB: 0
EPS next Quarter (2026-04-30): EPS=-0.49 | Chg30d=-0.073 | Revisions Net=+0 | Analysts=5
EPS next Year (2027-01-31): EPS=-0.50 | Chg30d=-0.274 | Revisions Net=-2 | Growth EPS=+20.0% | Growth Revenue=+0.6%
Additional Sources for SPWH Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle