COLUMBIA SPORTSWEAR CO (COLM)
US1985161066 - Common Stock
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. While COLM has a great health rating, its profitability is only average at the moment. COLM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year COLM was profitable.
COLM had a positive operating cash flow in the past year.
COLM had positive earnings in each of the past 5 years.
COLM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
COLM has a Return On Assets of 8.24%. This is in the better half of the industry: COLM outperforms 80.00% of its industry peers.
COLM has a better Return On Equity (12.47%) than 70.00% of its industry peers.
The Return On Invested Capital of COLM (10.29%) is better than 70.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COLM is in line with the industry average of 11.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.24% | ||
| ROE | 12.47% | ||
| ROIC | 10.29% |
ROA(3y)10.1%
ROA(5y)9.08%
ROE(3y)15.62%
ROE(5y)14.12%
ROIC(3y)13.41%
ROIC(5y)11.68%
1.3 Margins
Looking at the Profit Margin, with a value of 6.72%, COLM is in the better half of the industry, outperforming 72.00% of the companies in the same industry.
COLM's Profit Margin has declined in the last couple of years.
COLM has a Operating Margin of 8.67%. This is comparable to the rest of the industry: COLM outperforms 60.00% of its industry peers.
In the last couple of years the Operating Margin of COLM has declined.
Looking at the Gross Margin, with a value of 49.60%, COLM is in line with its industry, outperforming 56.00% of the companies in the same industry.
COLM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.67% | ||
| PM (TTM) | 6.72% | ||
| GM | 49.6% |
OM growth 3Y19.2%
OM growth 5Y-5.15%
PM growth 3Y18.64%
PM growth 5Y-5.52%
GM growth 3Y0.46%
GM growth 5Y0.06%
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
An Altman-Z score of 6.26 indicates that COLM is not in any danger for bankruptcy at the moment.
The Altman-Z score of COLM (6.26) is better than 88.00% of its industry peers.
There is no outstanding debt for COLM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 6.26 |
ROIC/WACC1.18
WACC8.72%
2.3 Liquidity
COLM has a Current Ratio of 3.39. This indicates that COLM is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.39, COLM belongs to the top of the industry, outperforming 86.00% of the companies in the same industry.
COLM has a Quick Ratio of 1.88. This is a normal value and indicates that COLM is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.88, COLM is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.39 | ||
| Quick Ratio | 1.88 |
3. Growth
3.1 Past
The earnings per share for COLM have decreased strongly by -20.00% in the last year.
The Earnings Per Share has been growing slightly by 0.54% on average over the past years.
COLM shows a decrease in Revenue. In the last year, the revenue decreased by -5.05%.
Measured over the past years, COLM shows a small growth in Revenue. The Revenue has been growing by 4.47% on average per year.
EPS 1Y (TTM)-20%
EPS 3Y34.96%
EPS 5Y0.54%
EPS Q2Q%-242.86%
Revenue 1Y (TTM)-5.05%
Revenue growth 3Y11.71%
Revenue growth 5Y4.47%
Sales Q2Q%-8.16%
3.2 Future
COLM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.54% yearly.
Based on estimates for the next years, COLM will show a small growth in Revenue. The Revenue will grow by 3.60% on average per year.
EPS Next Y-4.73%
EPS Next 2Y3.97%
EPS Next 3Y7.18%
EPS Next 5Y11.54%
Revenue Next Year-3.72%
Revenue Next 2Y0.4%
Revenue Next 3Y1.59%
Revenue Next 5Y3.6%
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 accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.36, which indicates a rather expensive current valuation of COLM.
The rest of the industry has a similar Price/Earnings ratio as COLM.
The average S&P500 Price/Earnings ratio is at 31.71. COLM is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 17.99, which indicates a rather expensive current valuation of COLM.
The rest of the industry has a similar Price/Forward Earnings ratio as COLM.
COLM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.81, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.36 | ||
| Fwd PE | 17.99 |
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 a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.96 | ||
| EV/EBITDA | 9.94 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)39.46
EPS Next 2Y3.97%
EPS Next 3Y7.18%
5. Dividend
5.1 Amount
COLM has a Yearly Dividend Yield of 1.44%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.84, COLM pays a bit more dividend than its industry peers.
COLM's Dividend Yield is slightly below the S&P500 average, which is at 2.18.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
5.2 History
The dividend of COLM has a limited annual growth rate of 5.80%.
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)5.8%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
COLM pays out 31.65% of its income as dividend. This is a sustainable payout ratio.
COLM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP31.65%
EPS Next 2Y3.97%
EPS Next 3Y7.18%
COLUMBIA SPORTSWEAR CO
NASDAQ:COLM (10/21/2024, 2:39:42 PM)
80.325
-4.06 (-4.82%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.70B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
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)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
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 | 21.36 | ||
| Fwd PE | 17.99 | ||
| 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)N/A
PEG (5Y)39.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.24% | ||
| ROE | 12.47% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.67% | ||
| PM (TTM) | 6.72% | ||
| GM | 49.6% | ||
| 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 Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.39 | ||
| Quick Ratio | 1.88 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)-20%
EPS 3Y34.96%
EPS 5Y
EPS Q2Q%
EPS Next Y-4.73%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-5.05%
Revenue growth 3Y11.71%
Revenue growth 5Y
Sales 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