FIGS INC-CLASS A (FIGS) Stock Fundamental Analysis
NYSE:FIGS - New York Stock Exchange, Inc. - US30260D1037 - Common Stock - Currency: USD
Overall FIGS gets a fundamental rating of 5 out of 10. We evaluated FIGS against 49 industry peers in the Textiles, Apparel & Luxury Goods industry. While FIGS has a great health rating, its profitability is only average at the moment. FIGS 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 FIGS was profitable.
FIGS had a positive operating cash flow in the past year.
FIGS had positive earnings in 4 of the past 5 years.
Of the past 5 years FIGS 4 years had a positive operating cash flow.
1.2 Ratios
FIGS has a Return On Assets of 0.23%. This is comparable to the rest of the industry: FIGS outperforms 40.82% of its industry peers.
The Return On Equity of FIGS (0.31%) is comparable to the rest of the industry.
FIGS has a Return On Invested Capital of 0.30%. This is in the lower half of the industry: FIGS underperforms 73.47% of its industry peers.
FIGS had an Average Return On Invested Capital over the past 3 years of 5.36%. This is significantly below the industry average of 11.45%.
The last Return On Invested Capital (0.30%) for FIGS is well below the 3 year average (5.36%), which needs to be investigated, but indicates that FIGS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 0.31% | ||
| ROIC | 0.3% |
ROA(3y)3.56%
ROA(5y)8.96%
ROE(3y)4.54%
ROE(5y)12.14%
ROIC(3y)5.36%
ROIC(5y)12.94%
1.3 Margins
FIGS has a Profit Margin (0.21%) which is in line with its industry peers.
In the last couple of years the Profit Margin of FIGS has grown nicely.
The Operating Margin of FIGS (0.29%) is worse than 73.47% of its industry peers.
FIGS's Operating Margin has declined in the last couple of years.
The Gross Margin of FIGS (67.35%) is better than 91.84% of its industry peers.
FIGS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.29% | ||
| PM (TTM) | 0.21% | ||
| GM | 67.35% |
OM growth 3Y-46.22%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y40.17%
GM growth 3Y-1.98%
GM growth 5Y-1.19%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FIGS is destroying value.
The number of shares outstanding for FIGS has been reduced compared to 1 year ago.
Compared to 5 years ago, FIGS has more shares outstanding
FIGS 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 6.21 indicates that FIGS is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.21, FIGS belongs to the best of the industry, outperforming 91.84% of the companies in the same industry.
FIGS 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 | 6.21 |
ROIC/WACC0.03
WACC9.07%
2.3 Liquidity
FIGS has a Current Ratio of 3.96. This indicates that FIGS is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of FIGS (3.96) is better than 97.96% of its industry peers.
A Quick Ratio of 2.66 indicates that FIGS has no problem at all paying its short term obligations.
FIGS has a Quick ratio of 2.66. This is amongst the best in the industry. FIGS outperforms 97.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.96 | ||
| Quick Ratio | 2.66 |
3. Growth
3.1 Past
The earnings per share for FIGS have decreased strongly by -90.91% in the last year.
The Revenue has been growing slightly by 3.02% in the past year.
FIGS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 38.13% yearly.
EPS 1Y (TTM)-90.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%4.7%
3.2 Future
The Earnings Per Share is expected to grow by 55.80% on average over the next years. This is a very strong growth
Based on estimates for the next years, FIGS will show a small growth in Revenue. The Revenue will grow by 3.57% on average per year.
EPS Next Y104%
EPS Next 2Y90.96%
EPS Next 3Y83.55%
EPS Next 5Y55.8%
Revenue Next Year0.89%
Revenue Next 2Y1.93%
Revenue Next 3Y2.89%
Revenue Next 5Y3.57%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 600.00 indicates a quite expensive valuation of FIGS.
FIGS's Price/Earnings ratio is a bit more expensive when compared to the industry. FIGS is more expensive than 71.43% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, FIGS is valued quite expensively.
Based on the Price/Forward Earnings ratio of 82.27, the valuation of FIGS can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FIGS indicates a slightly more expensive valuation: FIGS is more expensive than 75.51% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, FIGS is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 600 | ||
| Fwd PE | 82.27 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FIGS is valued a bit more expensive than 77.55% of the companies in the same industry.
FIGS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FIGS is cheaper than 63.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16 | ||
| EV/EBITDA | 62.28 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as FIGS's earnings are expected to grow with 83.55% in the coming years.
PEG (NY)5.77
PEG (5Y)N/A
EPS Next 2Y90.96%
EPS Next 3Y83.55%
5. Dividend
5.1 Amount
FIGS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6
-0.16 (-2.6%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners97.71%
Inst Owner Change0%
Ins Owners5.32%
Ins Owner Change26.89%
Market Cap975.30M
Analysts52
Price Target4.71 (-21.5%)
Short Float %6.91%
Short Ratio4.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)38.51%
Min EPS beat(2)-22.99%
Max EPS beat(2)100%
EPS beat(4)2
Avg EPS beat(4)62.89%
Min EPS beat(4)-22.99%
Max EPS beat(4)197.09%
EPS beat(8)6
Avg EPS beat(8)112.27%
EPS beat(12)9
Avg EPS beat(12)139.74%
EPS beat(16)12
Avg EPS beat(16)129.87%
Revenue beat(2)2
Avg Revenue beat(2)4.62%
Min Revenue beat(2)2.75%
Max Revenue beat(2)6.5%
Revenue beat(4)2
Avg Revenue beat(4)1.17%
Min Revenue beat(4)-3.97%
Max Revenue beat(4)6.5%
Revenue beat(8)4
Avg Revenue beat(8)0.87%
Revenue beat(12)8
Avg Revenue beat(12)1.51%
Revenue beat(16)10
Avg Revenue beat(16)1.5%
PT rev (1m)1.57%
PT rev (3m)-12.23%
EPS NQ rev (1m)-5%
EPS NQ rev (3m)26.67%
EPS NY rev (1m)-20%
EPS NY rev (3m)-30.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.16%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 600 | ||
| Fwd PE | 82.27 | ||
| P/S | 1.74 | ||
| P/FCF | 16 | ||
| P/OCF | 12.38 | ||
| P/B | 2.56 | ||
| P/tB | 2.56 | ||
| EV/EBITDA | 62.28 |
EPS(TTM)0.01
EY0.17%
EPS(NY)0.07
Fwd EY1.22%
FCF(TTM)0.37
FCFY6.25%
OCF(TTM)0.48
OCFY8.08%
SpS3.45
BVpS2.35
TBVpS2.35
PEG (NY)5.77
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 0.31% | ||
| ROCE | 0.38% | ||
| ROIC | 0.3% | ||
| ROICexc | 0.75% | ||
| ROICexgc | 0.75% | ||
| OM | 0.29% | ||
| PM (TTM) | 0.21% | ||
| GM | 67.35% | ||
| FCFM | 10.86% |
ROA(3y)3.56%
ROA(5y)8.96%
ROE(3y)4.54%
ROE(5y)12.14%
ROIC(3y)5.36%
ROIC(5y)12.94%
ROICexc(3y)11.7%
ROICexc(5y)31.36%
ROICexgc(3y)11.7%
ROICexgc(5y)31.36%
ROCE(3y)6.79%
ROCE(5y)16.38%
ROICexcg growth 3Y-60.06%
ROICexcg growth 5YN/A
ROICexc growth 3Y-60.06%
ROICexc growth 5YN/A
OM growth 3Y-46.22%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y40.17%
GM growth 3Y-1.98%
GM growth 5Y-1.19%
F-Score6
Asset Turnover1.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 227.4% | ||
| Cap/Sales | 3.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 833.1% | ||
| Profit Quality | 5151.56% | ||
| Current Ratio | 3.96 | ||
| Quick Ratio | 2.66 | ||
| Altman-Z | 6.21 |
F-Score6
WACC9.07%
ROIC/WACC0.03
Cap/Depr(3y)362.87%
Cap/Depr(5y)303.47%
Cap/Sales(3y)2.37%
Cap/Sales(5y)1.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-90.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
EPS Next Y104%
EPS Next 2Y90.96%
EPS Next 3Y83.55%
EPS Next 5Y55.8%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%4.7%
Revenue Next Year0.89%
Revenue Next 2Y1.93%
Revenue Next 3Y2.89%
Revenue Next 5Y3.57%
EBIT growth 1Y-94.84%
EBIT growth 3Y-40.95%
EBIT growth 5YN/A
EBIT Next Year1328.8%
EBIT Next 3Y161%
EBIT Next 5Y83.44%
FCF growth 1Y269.52%
FCF growth 3Y0.21%
FCF growth 5Y105.04%
OCF growth 1Y360.94%
OCF growth 3Y6.9%
OCF growth 5Y65.53%