OneSpaWorld Holdings Limited OSW

Competitive advantage analysis · consumer-cyclical

Corporate Default
Overall moat score
58/100
Moderate

About OneSpaWorld Holdings Limited

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts in the United States and internationally. It offers massage and body care services and therapies, and aesthetics treatments; medi-spa services; and acupuncture, electric stimulation acupuncture, LED therapy, cupping, posture and gait analysis, and therapy for recovery. The company also provides fitness centers, and personalized training … Full OSW analysis →

Competitive advantage assessment

Key strengths

  • ROIC Sustainably Above Peers ROIC at 76.0th percentile exceeds peers and WACC, demonstrating superior capital allocation.
  • Strong Interest Coverage & Conservative Leverage Debt serviceability is strong (score 0.75), with robust interest coverage.

Key risks

  • Commodity Pressure / Weak Differentiation Gross margin at 11.1th percentile with high volatility suggests weak pricing power or commoditized products.
  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.11), suggesting weak customer stickiness.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
37

Where OSW ranks in Leisure

OneSpaWorld Holdings Limited ranks #12 of 30 scored companies in Leisure by moat score — the top 40%. The widest moat in the group is Planet Fitness, Inc. (PLNT) at 76/100.

Moat scores for companies ranked near OSW in Leisure
# Company Moat score Rating
8 Life Time Group Holdings, Inc. LTH 65/100 Moderate
9 Peloton Interactive, Inc. PTON 64/100 Moderate
10 Amer Sports, Inc. AS 63/100 Moderate
11 Connexa Sports Technologies Inc YYAI 63/100 Moderate
12 OneSpaWorld Holdings Limited OSW 58/100 Moderate
13 Xponential Fitness, Inc. XPOF 54/100 Moderate
14 JAKKS Pacific, Inc. JAKK 51/100 Moderate
15 LUCKY STRIKE ENTERTAINMENT CORP LUCK 50/100 Developing
16 American Outdoor Brands, Inc. AOUT 50/100 Developing

See every General Corporate company ranked by moat score →

How OSW scores on the Corporate Default defenses

Pricing Power

Score 37 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 81 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 36 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 76 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 64 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 58 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding OSW's moat

What is OneSpaWorld Holdings Limited's moat score?

OneSpaWorld Holdings Limited (OSW) scores 58 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #12 of 30 scored companies in Leisure, the top 40%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 29 companies in Leisure. Its strongest defense is Cost Advantage (81/100) and its weakest is Customer Stickiness (36/100).

How does OneSpaWorld Holdings Limited compare with other Leisure companies?

OneSpaWorld Holdings Limited ranks #12 of 30 scored companies in Leisure by moat score. The widest moat in Leisure is Planet Fitness, Inc. (PLNT) at 76/100. The companies ranked closest are Connexa Sports Technologies Inc (YYAI) at 63 just above it and Xponential Fitness, Inc. (XPOF) at 54 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 29 companies in Leisure. The defenses are then weighted to produce the overall score out of 100.

Why is OneSpaWorld Holdings Limited scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for OneSpaWorld Holdings Limited?

The Corporate Default template measures 6 defenses, and OSW scores: Pricing Power (37), Cost Advantage (81), Customer Stickiness (36), Capital Efficiency (76), Resilience (64), Scale & Market Position (58). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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