Onespaworld Holdings Ltd. (OSW) intrinsic value & 10-year financials
Onespaworld Holdings Ltd. (OSW) has a Graham intrinsic value of $14.58 per share. At $23.85 on Oct 17, 2026, the stock trades 64% above that value. Over the last 10 fiscal years revenue grew 8.3% a year to $961.0M, with an average return on invested capital of 3.0%.
- Graham intrinsic value
- $14.58
- Share price (Oct 17, 2026)
- $23.85
- Price vs Graham value
- 64% above
- Market cap
- $2.5B
- Revenue (FY2025)
- $961.0M
- Revenue growth (10-yr CAGR)
- 8.3%
- ROIC (10-yr avg)
- 3.0%
- Free cash flow (FY2025)
- $68.4M
OSW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $961.0M | $71.6M | $0.69 | $68.4M | 8.5% | 12.5% |
| FY2024 | $895.0M | $72.9M | $0.69 | $72.1M | 8.7% | 12.5% |
| FY2023 | $794.0M | -$3.0M | -$0.03 | $58.0M | 6.8% | 6.3% |
| FY2022 | $546.3M | $53.2M | $0.49 | $19.9M | 2.8% | 2.8% |
| FY2021 | $144.0M | -$68.5M | -$0.76 | -$38.0M | -36.1% | -9.4% |
| FY2020 | $120.9M | -$280.5M | -$3.77 | -$38.7M | -219.1% | -36.3% |
| FY2019 | — | — | — | — | — | — |
| FY2018 | $540.8M | $9.9M | — | $27.4M | 9.0% | 21.2% |
| FY2017 | $506.7M | $31.1M | — | $67.4M | 7.6% | 13.9% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ONESPAWORLD HOLDINGS Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
ONESPAWORLD HOLDINGS Ltd has historically struggled to out-earn its cost of capital, averaging just 1.4% ROIC.
ONESPAWORLD HOLDINGS Ltd capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ONESPAWORLD HOLDINGS Ltd is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $14.58 per share.