HIBBETT INC (HIBB)
US4285671016 - Common Stock
Taking everything into account, HIBB scores 7 out of 10 in our fundamental rating. HIBB was compared to 125 industry peers in the Specialty Retail industry. Both the health and profitability get an excellent rating, making HIBB a very profitable company, without any liquidiy or solvency issues. HIBB scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, HIBB could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year HIBB was profitable.
In the past year HIBB had a positive cash flow from operations.
HIBB had positive earnings in each of the past 5 years.
In the past 5 years HIBB always reported a positive cash flow from operatings.
1.2 Ratios
HIBB has a Return On Assets of 11.35%. This is amongst the best in the industry. HIBB outperforms 88.10% of its industry peers.
The Return On Equity of HIBB (24.62%) is better than 80.16% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.79%, HIBB belongs to the top of the industry, outperforming 84.13% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HIBB is significantly above the industry average of 13.93%.
The last Return On Invested Capital (14.79%) for HIBB is well below the 3 year average (23.25%), which needs to be investigated, but indicates that HIBB had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.35% | ||
| ROE | 24.62% | ||
| ROIC | 14.79% |
ROA(3y)16.59%
ROA(5y)12.5%
ROE(3y)39.49%
ROE(5y)29.15%
ROIC(3y)23.25%
ROIC(5y)19.38%
1.3 Margins
Looking at the Profit Margin, with a value of 5.97%, HIBB is in the better half of the industry, outperforming 79.37% of the companies in the same industry.
HIBB's Profit Margin has improved in the last couple of years.
HIBB's Operating Margin of 7.92% is fine compared to the rest of the industry. HIBB outperforms 77.78% of its industry peers.
HIBB's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 33.76%, HIBB is in line with its industry, outperforming 43.65% of the companies in the same industry.
HIBB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.92% | ||
| PM (TTM) | 5.97% | ||
| GM | 33.76% |
OM growth 3Y-7.36%
OM growth 5Y12.69%
PM growth 3Y4.47%
PM growth 5Y16.21%
GM growth 3Y-1.89%
GM growth 5Y0.6%
2. Health
2.1 Basic Checks
HIBB has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for HIBB has been reduced compared to 1 year ago.
The number of shares outstanding for HIBB has been reduced compared to 5 years ago.
The debt/assets ratio for HIBB is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.78 indicates that HIBB is not in any danger for bankruptcy at the moment.
HIBB's Altman-Z score of 5.78 is amongst the best of the industry. HIBB outperforms 92.86% of its industry peers.
The Debt to FCF ratio of HIBB is 0.78, which is an excellent value as it means it would take HIBB, only 0.78 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.78, HIBB belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
A Debt/Equity ratio of 0.11 indicates that HIBB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.11, HIBB is in the better half of the industry, outperforming 67.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.78 | ||
| Altman-Z | 5.78 |
ROIC/WACC1.64
WACC9.04%
2.3 Liquidity
A Current Ratio of 1.72 indicates that HIBB should not have too much problems paying its short term obligations.
HIBB's Current ratio of 1.72 is fine compared to the rest of the industry. HIBB outperforms 66.67% of its industry peers.
A Quick Ratio of 0.26 indicates that HIBB may have some problems paying its short term obligations.
HIBB has a worse Quick ratio (0.26) than 78.57% of its industry peers.
The current and quick ratio evaluation for HIBB is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
The earnings per share for HIBB have decreased strongly by -14.69% in the last year.
Measured over the past years, HIBB shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.85% on average per year.
Looking at the last year, HIBB shows a small growth in Revenue. The Revenue has grown by 1.20% in the last year.
Measured over the past years, HIBB shows a quite strong growth in Revenue. The Revenue has been growing by 11.38% on average per year.
EPS 1Y (TTM)-14.69%
EPS 3Y10.26%
EPS 5Y35.85%
EPS growth Q2Q-12.37%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y6.79%
Revenue growth 5Y11.38%
Revenue growth Q2Q1.81%
3.2 Future
Based on estimates for the next years, HIBB will show a small growth in Earnings Per Share. The EPS will grow by 6.14% on average per year.
HIBB is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 49.40% yearly.
EPS Next Y1.54%
EPS Next 2Y6.1%
EPS Next 3Y6.14%
EPS Next 5YN/A
Revenue Next Year0%
Revenue Next 2Y2.7%
Revenue Next 3Y49.4%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.54 indicates a reasonable valuation of HIBB.
HIBB's Price/Earnings ratio is rather cheap when compared to the industry. HIBB is cheaper than 82.54% of the companies in the same industry.
When comparing the Price/Earnings ratio of HIBB to the average of the S&P500 Index (28.60), we can say HIBB is valued rather cheaply.
HIBB is valuated reasonably with a Price/Forward Earnings ratio of 10.38.
Based on the Price/Forward Earnings ratio, HIBB is valued cheaply inside the industry as 82.54% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 20.15. HIBB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.54 | ||
| Fwd PE | 10.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HIBB is valued cheaper than 82.54% of the companies in the same industry.
HIBB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. HIBB is cheaper than 69.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.97 | ||
| EV/EBITDA | 5.44 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HIBB does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of HIBB may justify a higher PE ratio.
PEG (NY)6.86
PEG (5Y)0.29
EPS Next 2Y6.1%
EPS Next 3Y6.14%
5. Dividend
5.1 Amount
HIBB has a Yearly Dividend Yield of 1.16%.
Compared to an average industry Dividend Yield of 3.25, HIBB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, HIBB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
HIBB has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
HIBB pays out 11.99% of its income as dividend. This is a sustainable payout ratio.
DP11.99%
EPS Next 2Y6.1%
EPS Next 3Y6.14%
HIBBETT INC
NASDAQ:HIBB (5/17/2024, 7:03:58 PM)
After market: 86.34 0 (0%)86.34
+0.13 (+0.15%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.03B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.54 | ||
| Fwd PE | 10.38 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)6.86
PEG (5Y)0.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.35% | ||
| ROE | 24.62% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.92% | ||
| PM (TTM) | 5.97% | ||
| GM | 33.76% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.72 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-14.69%
EPS 3Y10.26%
EPS 5Y
EPS growth Q2Q
EPS Next Y1.54%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.2%
Revenue growth 3Y6.79%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y