Taking everything into account, CROX scores 7 out of 10 in our fundamental rating. CROX was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. CROX gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on CROX. These ratings could make CROX a good candidate for value and quality investing.

Quickly go to:

1. Profitability

2. Health

3. Growth

4. Valuation

5. Dividend

1. Profitability

1.1 Basic Checks

CROX had positive earnings in the past year.
CROX had a positive operating cash flow in the past year.
In the past 5 years CROX has always been profitable.
CROX had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

CROX's Return On Assets of 4.25% is fine compared to the rest of the industry. CROX outperforms 66.67% of its industry peers.
CROX has a Return On Equity of 13.39%. This is in the better half of the industry: CROX outperforms 73.33% of its industry peers.
CROX's Return On Invested Capital of 23.59% is amongst the best of the industry. CROX outperforms 91.11% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CROX is significantly above the industry average of 11.59%.
The last Return On Invested Capital (23.59%) for CROX is above the 3 year average (22.59%), which is a sign of increasing profitability.

		Industry Rank	Sector Rank
ROA	4.25%
ROE	13.39%
ROIC	23.59%

ROA(3y)16.27%

ROA(5y)24.75%

ROE(3y)57.44%

ROE(5y)1085.36%

ROIC(3y)22.59%

ROIC(5y)29.82%

1.3 Margins

Looking at the Profit Margin, with a value of 4.48%, CROX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of CROX has grown nicely.
CROX has a Operating Margin of 23.11%. This is amongst the best in the industry. CROX outperforms 95.56% of its industry peers.
In the last couple of years the Operating Margin of CROX has grown nicely.
CROX has a Gross Margin of 59.08%. This is in the better half of the industry: CROX outperforms 75.56% of its industry peers.
CROX's Gross Margin has improved in the last couple of years.

		Industry Rank	Sector Rank
OM	23.11%
PM (TTM)	4.48%
GM	59.08%

OM growth 3Y-5.12%

OM growth 5Y19.52%

PM growth 3Y-9.62%

PM growth 5Y18.99%

GM growth 3Y-1.45%

GM growth 5Y3.22%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

CROX 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 CROX has been reduced compared to 1 year ago.
CROX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CROX has been reduced compared to a year ago.

2.2 Solvency

CROX has an Altman-Z score of 3.73. This indicates that CROX is financially healthy and has little risk of bankruptcy at the moment.
CROX has a better Altman-Z score (3.73) than 75.56% of its industry peers.
CROX has a debt to FCF ratio of 1.84. This is a very positive value and a sign of high solvency as it would only need 1.84 years to pay back of all of its debts.
CROX's Debt to FCF ratio of 1.84 is amongst the best of the industry. CROX outperforms 84.44% of its industry peers.
CROX has a Debt/Equity ratio of 0.97. This is a neutral value indicating CROX is somewhat dependend on debt financing.
CROX's Debt to Equity ratio of 0.97 is on the low side compared to the rest of the industry. CROX is outperformed by 75.56% of its industry peers.
Although CROX does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.

		Industry Rank	Sector Rank
Debt/Equity	0.97
Debt/FCF	1.84
Altman-Z	3.73

ROIC/WACC2.02

WACC11.68%

2.3 Liquidity

A Current Ratio of 1.40 indicates that CROX should not have too much problems paying its short term obligations.
With a Current ratio value of 1.40, CROX is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
CROX has a Quick Ratio of 1.40. This is a bad value and indicates that CROX is not financially healthy enough and could expect problems in meeting its short term obligations.
CROX has a Quick ratio of 0.83. This is in the lower half of the industry: CROX underperforms 66.67% of its industry peers.
CROX does not score too well on the current and quick ratio evaluation. However, as it has 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	1.4
Quick Ratio	0.83

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

CROX shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.09%.
Measured over the past years, CROX shows a very strong growth in Earnings Per Share. The EPS has been growing by 51.64% on average per year.
The Revenue has been growing slightly by 0.01% in the past year.
The Revenue has been growing by 27.23% on average over the past years. This is a very strong growth!

EPS 1Y (TTM)-4.09%

EPS 3Y16.39%

EPS 5Y51.64%

EPS Q2Q%-18.89%

Revenue 1Y (TTM)0.01%

Revenue growth 3Y21.04%

Revenue growth 5Y27.23%

Sales Q2Q%-6.2%

3.2 Future

CROX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.84% yearly.
Based on estimates for the next years, CROX will show a small growth in Revenue. The Revenue will grow by 2.29% on average per year.

EPS Next Y-6.35%

EPS Next 2Y-3.53%

EPS Next 3Y-2.2%

EPS Next 5Y2.84%

Revenue Next Year-1.85%

Revenue Next 2Y-1.22%

Revenue Next 3Y-0.38%

Revenue Next 5Y2.29%

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 decreasing: in the next years the growth will be less than in the last years.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 6.51, the valuation of CROX can be described as very cheap.
Based on the Price/Earnings ratio, CROX is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.39, CROX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.74, the valuation of CROX can be described as very cheap.
Based on the Price/Forward Earnings ratio, CROX is valued cheaper than 95.56% of the companies in the same industry.
CROX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.72.

		Industry Rank	Sector Rank
PE	6.51
Fwd PE	6.74

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CROX indicates a rather cheap valuation: CROX is cheaper than 88.89% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CROX indicates a rather cheap valuation: CROX is cheaper than 91.11% of the companies listed in the same industry.

		Industry Rank	Sector Rank
P/FCF	5.98
EV/EBITDA	5.37

4.3 Compensation for Growth

The excellent profitability rating of CROX may justify a higher PE ratio.
CROX's earnings are expected to decrease with -2.20% in the coming years. This may justify a cheaper valuation.