Latham Group Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 6.42
Dividend & YieldN/A$ (N/A)
Beta N/A
Market capitalization 409.92M
Operating cash flow 9.5M
ESG Scores unknown

Company description

Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools, pool covers, and pool liners. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was incorporated in 2018 and is headquartered in Latham, New York.

Sector: Industrials - Industry: Building Products & Equipment

Financial Ratios
Quick Ratio1.04
Working Capital-0.55
Return On Equity-0.18
Debt To Equity0.74
Fixed Asset Ratio0.5
Fixed Interest Cover-1.48

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -2.28M 9.78M 10.68M
Total Cashflows From Investing Activities -27.08M -115.81M -108.2M
Net Borrowings 16.5M -4.04M 53.67M
Total Cash From Financing Activities 16.55M 54.3M 60.02M
Change To Operating Activities 2.28M 23.03M -125k
Issuance Of Stock 250k 65.55M 399.26M
Net Income 7.46M 15.98M -62.35M
Change In Cash 24.17M 2.65M -15.36M
Effect Of Exchange Rate -956k 997k -861k
Total Cash From Operating Activities 35.66M 63.16M 33.69M
Depreciation 21.66M 25.36M 32.23M
Change To Account Receivables -7.1M 9.46M -26.02M
Other Cashflows From Financing Activities -6.62M -6.62M -1.25M
Change To Netincome -1.97M -1.56M 112.17M
Capital Expenditures -8.16M -16.26M -24.98M

Income Statement 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 2.79M 22.76M -53.53M
Net Income 7.46M 15.98M -62.35M
Selling General Administrative 57.39M 85.53M 217.78M
Gross Profit 98.16M 142.77M 204.16M
Ebit 25.12M 39.9M -36.18M
Operating Income 25.12M 39.9M -36.18M
Interest Expense -22.64M -18.25M -24.43M
Income Tax Expense -4.67M 6.78M 8.82M
Total Revenue 317.98M 403.39M 630.46M
Cost Of Revenue 219.82M 260.62M 426.29M
Total Other Income ExpenseNet -22.34M -17.14M -17.35M
Net Income From Continuing Ops 7.46M 15.98M -62.35M
Net Income Applicable To Common Shares 7.46M 15.98M -62.35M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 331.92M 365.07M 440.84M
Total Stockholder Equity 193.79M 281.61M 353.64M
Other Current Liabilities 15.93M 15.15M 20.1M
Total Assets 525.71M 646.68M 794.48M
Common Stock 11k 12k 12k
Other Current Assets
Retained Earnings -2.22M 13.77M -48.58M
Treasury Stock -471k 2.35M 370k
Cash 56.66M 59.31M 43.95M
Total Current Liabilities 50.2M 93.94M 115.17M
Other Stockholder Equity -471k 2.35M 370k
Property, Plant, and Equipment 37.84M 47.36M 63.51M
Total Current Assets 127.69M 167.33M 229.07M
Net Tangible Assets -166.17M -123.61M -113.54M
Net Receivables 31.43M 37.94M 64.79M
Accounts Payable 12.09M 26.92M 38M


Insider Transactions

Here are the insider transactions of stock shares related to Latham Group Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BAHL SANJEEVSale at price 3.58 per share.D2023-01-24Chief Operating Officer3.65k
BAHL SANJEEVD2023-01-24Chief Operating Officer10.29k
LAVEN MARK PHILLIPPurchase at price 2.89 - 2.98 per share.D2022-11-21Director15k
MASSON ROBERT L. IIStock Award(Grant) at price 0.00 per share.D2022-08-04Chief Financial Officer54.59k
CLINE JAMES EStock Award(Grant) at price 0.00 per share.D2022-05-03Director16.75k
HAWKINSON ALEXANDER LStock Award(Grant) at price 0.00 per share.D2022-05-03Director10.05k
EVANS ROBERT DEATONStock Award(Grant) at price 0.00 per share.D2022-05-03Director10.05k
MORNO-WADE SUZANStock Award(Grant) at price 0.00 per share.D2022-05-03Director25.84k
LAVEN MARK PHILLIPStock Award(Grant) at price 0.00 per share.D2022-05-03Director10.05k
KUNCHALA SURAJStock Award(Grant) at price 0.00 - 14.09 per share.D2022-04-22Officer15.62k
COWLEY JOSHUA DSale at price 11.85 - 14.09 per share.D2022-04-22Officer14.4k
COWLEY JOSHUA DStock Award(Grant) at price 0.00 per share.D2022-01-21Officer68.42k
DUVA JASON AD2021-12-16General Counsel51.32k
BORSETH J MARKPurchase at price 27.50 per share.D2021-04-27Chief Financial Officer10k
CLINE JAMES EPurchase at price 27.50 per share.D2021-04-27Director50k
DUVA JASON APurchase at price 27.50 per share.D2021-04-27General Counsel5k
EVANS ROBERT DEATONPurchase at price 27.50 per share.D2021-04-27Director25k
MORNO-WADE SUZANPurchase at price 27.50 per share.D2021-04-27Director2.5k
LAVEN MARK PHILLIPPurchase at price 27.50 per share.D2021-04-27Director5k
LEAKE JEFF ARNOLDPurchase at price 27.50 per share.D2021-04-27Chief Operating Officer1k
COWLEY JOSHUA DPurchase at price 27.50 per share.D2021-04-27Officer1k
RAJESKI SCOTT MICHAELPurchase at price 27.50 per share.D2021-04-27Chief Executive Officer15k
CULP JOEL RICHARDPurchase at price 27.50 per share.D2021-04-27Officer12k
FECK MELISSA CLAIREPurchase at price 27.50 per share.D2021-04-27Officer1k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Latham Group Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Latham Group Inc

Here is the result of two systematic investment strategies applied to Latham Group Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Latham Group Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Latham Group Inc:

Latham Group Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 105.36% on the backtest period.

Performance at glance

Performance

105.36 %

Latent gain

2621.68 $

Invested capital

2488.24 $

Annualized return

25.45 %
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Momentum strategy results on Latham Group Inc

This is the result of two momentum investment strategies applied to Latham Group Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Latham Group Inc

The following chart shows all the entries opened by the momentum investment system on Latham Group Inc:

Latham Group Inc momentum entries
  • The first momentum investment strategy would give 144.51% of return on Latham Group Inc. That represents 6511.08$ of latent gain with 4505.72$ of employed capital.
  • The second momentum investment strategy would give 148.5% of return on Latham Group Inc. That represents 2983.58$ of latent gain with 2009.14$ of employed capital.
Performance at glance (1Q Momentum)

Performance

144.51 %

Latent gain

6511.08 $

Invested capital

4505.72 $

Annualized return

51.11 %
Performance at glance (2Q Momentum)

Performance

148.5 %

Latent gain

2983.58 $

Invested capital

2009.14 $

Annualized return

40.57 %

Momentum equity curve on Latham Group Inc

The following chart shows the equity curve of the two momentum strategies applied to Latham Group Inc:

Latham Group Inc momentum equity

Note: the dividends potentially given by Latham Group Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Latham Group Inc

The following chart shows the employed capital evolution of the two momentum strategies on Latham Group Inc since the beginning:

Latham Group Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Latham Group Inc

Buy the dip entry openings on Latham Group Inc

Latham Group Inc

The performance achieved by the robo-advisor on Latham Group Inc is 109.38%. That represents 2179.65$ of latent gain with 1992.67$ of employed capital. The following chart shows Latham Group Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Latham Group Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

109.38 %

Latent gain

2179.65 $

Invested capital

1992.67 $

Annualized return

51.11 %

Equity curve of the strategy applied to Latham Group Inc

The following chart shows the result of the investment strategy applied to Latham Group Inc:

Latham Group Inc

Note: the dividends potentially given by Latham Group Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Latham Group Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Latham Group Inc:

Latham Group Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Latham Group Inc

In this section, I will compare the three previous investment strategies applied to Latham Group Inc.

Equity curve comparison on Latham Group Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Latham Group Inc investment strategy comparison

Employed capital comparison on Latham Group Inc

Latham Group Inc investment comparison

Performance comparison on Latham Group Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 105.36% 2621.68$ 2488.24$ 25.45%
Momentum 1 quarter 144.51% 6511.08$ 4505.72$ 37.05%
Momentum 2 quarters 148.5% 2983.58$ 2009.14$ 40.57%
Non-directional 109.38% 2179.65$ 1992.67$ 51.11%
Annualized return comparison

Automatic investment

25.45 %

Momentum 1Q

40.57 %

Momentum 2Q

40.57 %

Non-directional

51.11 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Latham Group Inc:

Positive correlations

Most correlated stocks this year

  • Latham Group Inc

  • Most correlated stocks last 3 months

  • Silicon Laboratories Inc
  • Latham Group Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • GREEN ENERGY GP

  • Note: The algorithm computes the probability of correlation between Latham Group Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Latham Group Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Latham Group Inc
    Country United States
    City Latham
    Address 787 Watervliet Shaker Road
    Phone 800-833-3800
    Website www.lathampool.com
    FullTime employees 2300
    Industry Building Products & Equipment
    Sector Industrials
    Exchange XNYS
    Ticker SWIM
    Market www.nyse.com

    Latham Group Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown