COLUMBIA SPORTSWEAR CO (COLM) Stock Fundamental Analysis
NASDAQ:COLM - US1985161066 - Common Stock
56.52 USD
+2.96 (+5.53%)
56.52 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to COLM. COLM was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. COLM has an excellent financial health rating, but there are some minor concerns on its profitability. COLM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
COLM had positive earnings in the past year.
COLM had a positive operating cash flow in the past year.
Each year in the past 5 years COLM has been profitable.
COLM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
COLM has a Return On Assets of 7.78%. This is amongst the best in the industry. COLM outperforms 82.00% of its industry peers.
Looking at the Return On Equity, with a value of 13.59%, COLM is in the better half of the industry, outperforming 66.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 9.73%, COLM is doing good in the industry, outperforming 70.00% of the companies in the same industry.
COLM had an Average Return On Invested Capital over the past 3 years of 11.43%. This is in line with the industry average of 10.63%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.78% | ||
| ROE | 13.59% | ||
| ROIC | 9.73% |
ROA(3y)8.75%
ROA(5y)8.32%
ROE(3y)13.87%
ROE(5y)13.06%
ROIC(3y)11.43%
ROIC(5y)10.68%
1.3 Margins
COLM's Profit Margin of 6.59% is fine compared to the rest of the industry. COLM outperforms 78.00% of its industry peers.
COLM's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 7.99%, COLM is doing good in the industry, outperforming 62.00% of the companies in the same industry.
In the last couple of years the Operating Margin of COLM has declined.
COLM has a Gross Margin (50.45%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of COLM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.99% | ||
| PM (TTM) | 6.59% | ||
| GM | 50.45% |
OM growth 3Y-17.71%
OM growth 5Y-9.15%
PM growth 3Y-16.36%
PM growth 5Y-9.41%
GM growth 3Y-0.9%
GM growth 5Y0.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), COLM is creating some value.
The number of shares outstanding for COLM has been reduced compared to 1 year ago.
The number of shares outstanding for COLM has been reduced compared to 5 years ago.
COLM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
COLM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC1.04
WACC9.35%
2.3 Liquidity
COLM has a Current Ratio of 2.49. This indicates that COLM is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of COLM (2.49) is better than 72.00% of its industry peers.
A Quick Ratio of 1.27 indicates that COLM should not have too much problems paying its short term obligations.
COLM has a Quick ratio (1.27) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.49 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.26% over the past year.
Measured over the past years, COLM shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.52% on average per year.
COLM shows a small growth in Revenue. In the last year, the Revenue has grown by 0.77%.
The Revenue has been growing slightly by 2.06% on average over the past years.
EPS 1Y (TTM)4.26%
EPS 3Y-10.29%
EPS 5Y-3.52%
EPS Q2Q%5%
Revenue 1Y (TTM)0.77%
Revenue growth 3Y2.52%
Revenue growth 5Y2.06%
Sales Q2Q%6.14%
3.2 Future
Based on estimates for the next years, COLM will show a small growth in Earnings Per Share. The EPS will grow by 1.11% on average per year.
COLM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.18% yearly.
EPS Next Y-16.3%
EPS Next 2Y-9.2%
EPS Next 3Y-0.65%
EPS Next 5Y1.11%
Revenue Next Year0.76%
Revenue Next 2Y1.68%
Revenue Next 3Y2.39%
Revenue Next 5Y3.18%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.42, which indicates a correct valuation of COLM.
76.00% of the companies in the same industry are more expensive than COLM, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.24, COLM is valued a bit cheaper.
The Price/Forward Earnings ratio is 17.71, which indicates a rather expensive current valuation of COLM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of COLM is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.81, COLM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.42 | ||
| Fwd PE | 17.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COLM is valued a bit cheaper than the industry average as 68.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, COLM is valued cheaper than 82.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.04 | ||
| EV/EBITDA | 7.22 |
4.3 Compensation for Growth
The decent profitability rating of COLM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.2%
EPS Next 3Y-0.65%
5. Dividend
5.1 Amount
COLM has a Yearly Dividend Yield of 2.24%.
Compared to an average industry Dividend Yield of 3.65, COLM pays a bit more dividend than its industry peers.
COLM's Dividend Yield is comparable with the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.24% |
5.2 History
The dividend of COLM has a limited annual growth rate of 4.59%.
COLM has been paying a dividend for at least 10 years, so it has a reliable track record.
COLM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.59%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
29.87% of the earnings are spent on dividend by COLM. This is a low number and sustainable payout ratio.
The dividend of COLM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP29.87%
EPS Next 2Y-9.2%
EPS Next 3Y-0.65%
56.52
+2.96 (+5.53%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners55.49%
Inst Owner Change-0.71%
Ins Owners53.47%
Ins Owner Change0.06%
Market Cap3.10B
Analysts53.33
Price Target57.25 (1.29%)
Short Float %10.4%
Short Ratio3.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.24% |
Yearly Dividend1.2
Dividend Growth(5Y)4.59%
DP29.87%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.64%
Min EPS beat(2)9.15%
Max EPS beat(2)22.13%
EPS beat(4)3
Avg EPS beat(4)9.2%
Min EPS beat(4)-6.86%
Max EPS beat(4)22.13%
EPS beat(8)6
Avg EPS beat(8)19.82%
EPS beat(12)8
Avg EPS beat(12)47.11%
EPS beat(16)12
Avg EPS beat(16)53.62%
Revenue beat(2)2
Avg Revenue beat(2)0.64%
Min Revenue beat(2)0.54%
Max Revenue beat(2)0.73%
Revenue beat(4)2
Avg Revenue beat(4)-0.3%
Min Revenue beat(4)-2.44%
Max Revenue beat(4)0.73%
Revenue beat(8)3
Avg Revenue beat(8)-0.94%
Revenue beat(12)5
Avg Revenue beat(12)-0.6%
Revenue beat(16)6
Avg Revenue beat(16)-1.13%
PT rev (1m)-15.6%
PT rev (3m)-15.6%
EPS NQ rev (1m)-8.7%
EPS NQ rev (3m)-26.11%
EPS NY rev (1m)-6.86%
EPS NY rev (3m)-11.06%
Revenue NQ rev (1m)-1.64%
Revenue NQ rev (3m)-4.15%
Revenue NY rev (1m)-0.69%
Revenue NY rev (3m)-0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.42 | ||
| Fwd PE | 17.71 | ||
| P/S | 0.91 | ||
| P/FCF | 12.04 | ||
| P/OCF | 9.7 | ||
| P/B | 1.87 | ||
| P/tB | 2 | ||
| EV/EBITDA | 7.22 |
EPS(TTM)3.92
EY6.94%
EPS(NY)3.19
Fwd EY5.65%
FCF(TTM)4.7
FCFY8.31%
OCF(TTM)5.83
OCFY10.31%
SpS62.3
BVpS30.2
TBVpS28.26
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.78% | ||
| ROE | 13.59% | ||
| ROCE | 12.81% | ||
| ROIC | 9.73% | ||
| ROICexc | 13.37% | ||
| ROICexgc | 14.35% | ||
| OM | 7.99% | ||
| PM (TTM) | 6.59% | ||
| GM | 50.45% | ||
| FCFM | 7.54% |
ROA(3y)8.75%
ROA(5y)8.32%
ROE(3y)13.87%
ROE(5y)13.06%
ROIC(3y)11.43%
ROIC(5y)10.68%
ROICexc(3y)16.08%
ROICexc(5y)15.69%
ROICexgc(3y)17.32%
ROICexgc(5y)17.21%
ROCE(3y)15.05%
ROCE(5y)14.05%
ROICexcg growth 3Y-14.9%
ROICexcg growth 5Y-5.43%
ROICexc growth 3Y-13.69%
ROICexc growth 5Y-4.52%
OM growth 3Y-17.71%
OM growth 5Y-9.15%
PM growth 3Y-16.36%
PM growth 5Y-9.41%
GM growth 3Y-0.9%
GM growth 5Y0.15%
F-Score6
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 113.37% | ||
| Cap/Sales | 1.82% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 97.48% | ||
| Profit Quality | 114.44% | ||
| Current Ratio | 2.49 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | N/A |
F-Score6
WACC9.35%
ROIC/WACC1.04
Cap/Depr(3y)66.57%
Cap/Depr(5y)49.87%
Cap/Sales(3y)1.68%
Cap/Sales(5y)1.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.26%
EPS 3Y-10.29%
EPS 5Y-3.52%
EPS Q2Q%5%
EPS Next Y-16.3%
EPS Next 2Y-9.2%
EPS Next 3Y-0.65%
EPS Next 5Y1.11%
Revenue 1Y (TTM)0.77%
Revenue growth 3Y2.52%
Revenue growth 5Y2.06%
Sales Q2Q%6.14%
Revenue Next Year0.76%
Revenue Next 2Y1.68%
Revenue Next 3Y2.39%
Revenue Next 5Y3.18%
EBIT growth 1Y-7.08%
EBIT growth 3Y-15.64%
EBIT growth 5Y-7.28%
EBIT Next Year8.62%
EBIT Next 3Y9.03%
EBIT Next 5Y5.73%
FCF growth 1Y472.85%
FCF growth 3Y10.49%
FCF growth 5Y21.63%
OCF growth 1Y228.46%
OCF growth 3Y11.48%
OCF growth 5Y11.46%