FIGS INC-CLASS A (FIGS) Stock Fundamental Analysis
NYSE:FIGS - New York Stock Exchange, Inc. - US30260D1037 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to FIGS. FIGS was compared to 48 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.
In the past year FIGS had a positive cash flow from operations.
Of the past 5 years FIGS 4 years were profitable.
FIGS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FIGS has a Return On Assets of 0.23%. This is in the lower half of the industry: FIGS underperforms 60.42% of its industry peers.
FIGS has a Return On Equity of 0.31%. This is in the lower half of the industry: FIGS underperforms 60.42% of its industry peers.
With a Return On Invested Capital value of 0.30%, FIGS is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
FIGS had an Average Return On Invested Capital over the past 3 years of 5.36%. This is significantly below the industry average of 11.61%.
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's Profit Margin of 0.21% is on the low side compared to the rest of the industry. FIGS is outperformed by 60.42% of its industry peers.
In the last couple of years the Profit Margin of FIGS has grown nicely.
FIGS has a worse Operating Margin (0.29%) than 75.00% of its industry peers.
FIGS's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 67.35%, FIGS belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
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.
FIGS has less shares outstanding than it did 1 year ago.
The number of shares outstanding for FIGS has been increased compared to 5 years ago.
There is no outstanding debt for FIGS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
FIGS has an Altman-Z score of 5.43. This indicates that FIGS is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 5.43, FIGS belongs to the best of the industry, outperforming 89.58% 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 | 5.43 |
ROIC/WACC0.03
WACC9.05%
2.3 Liquidity
A Current Ratio of 3.96 indicates that FIGS has no problem at all paying its short term obligations.
FIGS has a better Current ratio (3.96) than 97.92% of its industry peers.
A Quick Ratio of 2.66 indicates that FIGS has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.66, FIGS belongs to the top of the industry, outperforming 97.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.96 | ||
| Quick Ratio | 2.66 |
3. Growth
3.1 Past
FIGS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -90.91%.
Looking at the last year, FIGS shows a small growth in Revenue. The Revenue has grown by 3.02% in the last year.
The Revenue has been growing by 38.13% on average over the past years. This is a very strong growth!
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
FIGS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 55.80% yearly.
The Revenue is expected to grow by 3.57% on average over the next years.
EPS Next Y155%
EPS Next 2Y91.92%
EPS Next 3Y89.06%
EPS Next 5Y55.8%
Revenue Next Year0.95%
Revenue Next 2Y1.97%
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
Based on the Price/Earnings ratio of 503.00, the valuation of FIGS can be described as expensive.
FIGS's Price/Earnings ratio is a bit more expensive when compared to the industry. FIGS is more expensive than 72.92% of the companies in the same industry.
FIGS is valuated expensively when we compare the Price/Earnings ratio to 26.32, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 68.28, which means the current valuation is very expensive for FIGS.
Based on the Price/Forward Earnings ratio, FIGS is valued a bit more expensive than the industry average as 72.92% of the companies are valued more cheaply.
FIGS is valuated expensively when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 503 | ||
| Fwd PE | 68.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FIGS is valued a bit more expensive than the industry average as 79.17% of the companies are valued more cheaply.
FIGS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FIGS is cheaper than 64.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.42 | ||
| EV/EBITDA | 42.85 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
FIGS's earnings are expected to grow with 89.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.25
PEG (5Y)N/A
EPS Next 2Y91.92%
EPS Next 3Y89.06%
5. Dividend
5.1 Amount
FIGS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.03
-0.18 (-3.45%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners97.71%
Inst Owner Change22.21%
Ins Owners5.32%
Ins Owner Change27.01%
Market Cap817.63M
Analysts52
Price Target4.65 (-7.55%)
Short Float %7.81%
Short Ratio5.78
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)0.31%
PT rev (3m)-19.88%
EPS NQ rev (1m)12.49%
EPS NQ rev (3m)33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-34.52%
Revenue NQ rev (1m)0.97%
Revenue NQ rev (3m)2.16%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 503 | ||
| Fwd PE | 68.28 | ||
| P/S | 1.46 | ||
| P/FCF | 13.42 | ||
| P/OCF | 10.38 | ||
| P/B | 2.14 | ||
| P/tB | 2.14 | ||
| EV/EBITDA | 42.85 |
EPS(TTM)0.01
EY0.2%
EPS(NY)0.07
Fwd EY1.46%
FCF(TTM)0.37
FCFY7.45%
OCF(TTM)0.48
OCFY9.63%
SpS3.45
BVpS2.35
TBVpS2.35
PEG (NY)3.25
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 | 5.43 |
F-Score6
WACC9.05%
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 Y155%
EPS Next 2Y91.92%
EPS Next 3Y89.06%
EPS Next 5Y55.8%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%4.7%
Revenue Next Year0.95%
Revenue Next 2Y1.97%
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%