WallStSmart
OSW

OneSpaWorld Holdings Ltd

NASDAQ: OSW · CONSUMER CYCLICAL · LEISURE

$28.07
+12.51% today

Updated 2026-10-28

Market cap
$2.42B
P/E ratio
30.19
P/S ratio
2.40x
EPS (TTM)
$0.79
Dividend yield
0.79%
52W range
$19 – $29
Volume
0.9M

OneSpaWorld Holdings Ltd (OSW) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for OSW.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 46 / 100
P/E (TTM)
30.2x
vs 5Y median of 33.4x
PEG
—
—
Margin of Safety
+11.09%
Fair value $25.34 vs $28.07
EV / EBITDA
0.0x

OSW historical valuation range

Where current P/E sits in OSW's own 5Y range.

NOW
22.2x
5Y Low
30.0x
25th
33.4x
Median
35.4x
75th
55.1x
5Y High
OSW is trading cheaper than 66% of the last 5Y.
34th percentile · Below median

OSW intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$28.07
Market value
Intrinsic value
$25.34
DCF estimate
Margin of safety
+11.09%
-9.7% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

OSW valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

!
P/E in mid-range
P/E sits at the 34th percentile of the 5Y range. Neither cheap nor rich historically.
!
Near fair value
+11.09% margin of safety. Price is close to DCF estimate.

P/E Ratio — History

Current: 30.19x

P/S Ratio — History

Current: 2.40x

Is OSW overvalued in 2026?

OneSpaWorld Holdings Ltd (OSW) currently trades at $28.07 per share with a market capitalization of $2,420,744,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 46/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 30.2x, below its 5-year median of 33.4x.

Looking at its own history, OSW is currently trading cheaper than 66% of the last 5Y on P/E. This places it in the 34th percentile of its historical range, a reasonable but unremarkable position.

Our discounted cash flow model estimates OSW's intrinsic value at $25.34 per share, against the current market price of $28.07. This implies a margin of safety of +11.09%. The stock is priced close to its estimated fair value, offering limited upside without further operational improvement.

The Piotroski F-Score of 5/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.

Bottom line: OSW appears richly valued on our framework, with a Smart Value Score of 46/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is OSW overvalued?

OSW scores 46/100 on our Smart Value Score (Grade C), a weak overall profile. The DCF also shows a positive margin of safety, so price and fundamentals line up reasonably well.

What is OSW's fair value?

Our DCF model estimates OSW's intrinsic value at $25.34 per share, versus the current price of $28.07, a margin of safety of +11.09%. Fair value is the present value of the cash flows we project the business to produce, so a price below it means the market is pricing the stock below that conservative estimate.

What P/E ratio does OSW trade at?

OSW trades at a P/E of 30.2x on trailing twelve-month earnings, against a 5-year median of 33.4x. P/E is what you pay per dollar of profit, and sitting below its own median means the stock is cheaper than usual relative to its earnings.

Is OSW a buy based on valuation?

Our Smart Value rating for OSW is Sell, from a Smart Value Score of 46/100 that blends growth, quality, and valuation. The profile skews cautious, and a better price or clearer operating improvement would strengthen the case. This is research to inform your decision, not personalized financial advice.

How does OSW's valuation compare to its history?

On P/E, OSW sits in the 34th percentile of its own 5Y range, below its long-run median relative to where it has traded. A low percentile means today's multiple is near the bottom of its historical band.

What is OSW's Smart Value Score?

OSW's Smart Value Score is 46/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.