FIGS INC-CLASS A (FIGS) Stock Fundamental Analysis
NYSE:FIGS - New York Stock Exchange, Inc. - US30260D1037 - Common Stock - Currency: USD
FIGS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 48 industry peers in the Textiles, Apparel & Luxury Goods industry. FIGS has an excellent financial health rating, but there are some minor concerns on its profitability. FIGS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
FIGS had positive earnings in the past year.
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 0.53%. This is in the lower half of the industry: FIGS underperforms 60.42% of its industry peers.
FIGS has a Return On Equity of 0.72%. This is in the lower half of the industry: FIGS underperforms 60.42% of its industry peers.
The Return On Invested Capital of FIGS (0.43%) is worse than 75.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FIGS is significantly below the industry average of 13.46%.
The last Return On Invested Capital (0.43%) 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 | 0.53% | ||
| ROE | 0.72% | ||
| ROIC | 0.43% |
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
Looking at the Profit Margin, with a value of 0.49%, FIGS is doing worse than 60.42% of the companies in the same industry.
FIGS's Profit Margin has improved in the last couple of years.
FIGS has a worse Operating Margin (0.41%) than 75.00% of its industry peers.
FIGS's Operating Margin has declined in the last couple of years.
FIGS's Gross Margin of 67.61% is amongst the best of the industry. FIGS outperforms 91.67% of its industry peers.
FIGS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.41% | ||
| PM (TTM) | 0.49% | ||
| GM | 67.61% |
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 5.24 indicates that FIGS is not in any danger for bankruptcy at the moment.
FIGS has a better Altman-Z score (5.24) than 85.42% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.24 |
ROIC/WACC0.04
WACC10.41%
2.3 Liquidity
FIGS has a Current Ratio of 4.25. This indicates that FIGS is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 4.25, FIGS belongs to the best of the industry, outperforming 97.92% of the companies in the same industry.
A Quick Ratio of 2.96 indicates that FIGS has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.96, FIGS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.25 | ||
| Quick Ratio | 2.96 |
3. Growth
3.1 Past
The earnings per share for FIGS have decreased strongly by -90.91% in the last year.
FIGS shows a small growth in Revenue. In the last year, the Revenue has grown by 1.82%.
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)1.82%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%4.7%
3.2 Future
Based on estimates for the next years, FIGS will show a very strong growth in Earnings Per Share. The EPS will grow by 83.02% on average per year.
Based on estimates for the next years, FIGS will show a small growth in Revenue. The Revenue will grow by 4.93% on average per year.
EPS Next Y155%
EPS Next 2Y91.92%
EPS Next 3Y89.06%
EPS Next 5Y83.02%
Revenue Next Year0.82%
Revenue Next 2Y2.04%
Revenue Next 3Y2.89%
Revenue Next 5Y4.93%
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 452.00 indicates a quite expensive valuation of FIGS.
Compared to the rest of the industry, the Price/Earnings ratio of FIGS indicates a slightly more expensive valuation: FIGS is more expensive than 72.92% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, FIGS is valued quite expensively.
Based on the Price/Forward Earnings ratio of 61.36, the valuation of FIGS can be described as expensive.
FIGS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FIGS is more expensive than 70.83% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.85. FIGS is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 452 | ||
| Fwd PE | 61.36 |
4.2 Price Multiples
72.92% of the companies in the same industry are cheaper than FIGS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, FIGS is valued a bit cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.45 | ||
| EV/EBITDA | 35.56 |
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)2.92
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 |
4.52
+0.07 (+1.57%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners87.46%
Inst Owner Change22.19%
Ins Owners9.75%
Ins Owner Change26.46%
Market Cap734.59M
Analysts52
Price Target4.63 (2.43%)
Short Float %7.21%
Short Ratio5
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)0
Avg EPS beat(2)-22.77%
Min EPS beat(2)-22.99%
Max EPS beat(2)-22.55%
EPS beat(4)2
Avg EPS beat(4)121.52%
Min EPS beat(4)-22.99%
Max EPS beat(4)334.54%
EPS beat(8)6
Avg EPS beat(8)126.93%
EPS beat(12)8
Avg EPS beat(12)129.52%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.27%
Min Revenue beat(2)-3.97%
Max Revenue beat(2)6.5%
Revenue beat(4)1
Avg Revenue beat(4)0.36%
Min Revenue beat(4)-3.97%
Max Revenue beat(4)6.5%
Revenue beat(8)4
Avg Revenue beat(8)1.11%
Revenue beat(12)7
Avg Revenue beat(12)0.63%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-13.59%
PT rev (3m)-20.56%
EPS NQ rev (1m)-233.33%
EPS NQ rev (3m)-111.93%
EPS NY rev (1m)-11.77%
EPS NY rev (3m)-34.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.34%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)-2.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 452 | ||
| Fwd PE | 61.36 | ||
| P/S | 1.32 | ||
| P/FCF | 11.45 | ||
| P/OCF | 9.05 | ||
| P/B | 1.95 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 35.56 |
EPS(TTM)0.01
EY0.22%
EPS(NY)0.07
Fwd EY1.63%
FCF(TTM)0.39
FCFY8.73%
OCF(TTM)0.5
OCFY11.05%
SpS3.42
BVpS2.32
TBVpS2.32
PEG (NY)2.92
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.53% | ||
| ROE | 0.72% | ||
| ROCE | 0.54% | ||
| ROIC | 0.43% | ||
| ROICexc | 1.03% | ||
| ROICexgc | 1.03% | ||
| OM | 0.41% | ||
| PM (TTM) | 0.49% | ||
| GM | 67.61% | ||
| FCFM | 11.55% |
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-Score5
Asset Turnover1.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 254.27% | ||
| Cap/Sales | 3.06% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 905.73% | ||
| Profit Quality | 2358.12% | ||
| Current Ratio | 4.25 | ||
| Quick Ratio | 2.96 | ||
| Altman-Z | 5.24 |
F-Score5
WACC10.41%
ROIC/WACC0.04
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 5Y83.02%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%4.7%
Revenue Next Year0.82%
Revenue Next 2Y2.04%
Revenue Next 3Y2.89%
Revenue Next 5Y4.93%
EBIT growth 1Y-93.36%
EBIT growth 3Y-40.95%
EBIT growth 5YN/A
EBIT Next Year1525.54%
EBIT Next 3Y175.03%
EBIT Next 5Y115.55%
FCF growth 1Y-24.15%
FCF growth 3Y0.21%
FCF growth 5Y105.04%
OCF growth 1Y-19.57%
OCF growth 3Y6.9%
OCF growth 5Y65.53%