FOOT LOCKER INC (FL) Stock Fundamental Analysis
USA - NYSE:FL - US3448491049 - Common Stock
24.01 USD
-0.09 (-0.37%)
24.0497 USD
+0.04 (+0.17%)
FL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 120 industry peers in the Specialty Retail industry. FL has a bad profitability rating. Also its financial health evaluation is rather negative. FL has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year FL was profitable.
FL had a positive operating cash flow in the past year.
FL had positive earnings in 4 of the past 5 years.
Each year in the past 5 years FL had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -5.92%, FL is doing worse than 69.92% of the companies in the same industry.
FL has a Return On Equity of -14.93%. This is comparable to the rest of the industry: FL outperforms 41.46% of its industry peers.
The Return On Invested Capital of FL (2.79%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for FL is significantly below the industry average of 12.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.92% | ||
| ROE | -14.93% | ||
| ROIC | 2.79% |
ROA(3y)-0.1%
ROA(5y)3.05%
ROE(3y)-0.21%
ROE(5y)7.72%
ROIC(3y)4.94%
ROIC(5y)6.74%
1.3 Margins
In the last couple of years the Profit Margin of FL has declined.
With a Operating Margin value of 2.25%, FL perfoms like the industry average, outperforming 51.22% of the companies in the same industry.
In the last couple of years the Operating Margin of FL has declined.
With a Gross Margin value of 28.92%, FL is not doing good in the industry: 67.48% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of FL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.25% | ||
| PM (TTM) | N/A | ||
| GM | 28.92% |
OM growth 3Y-39.88%
OM growth 5Y-22.44%
PM growth 3Y-75.3%
PM growth 5Y-52.38%
GM growth 3Y-5.44%
GM growth 5Y-1.76%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FL is destroying value.
The number of shares outstanding for FL has been increased compared to 1 year ago.
Compared to 5 years ago, FL has less shares outstanding
FL has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of FL is 74.00, which is on the high side as it means it would take FL, 74.00 years of fcf income to pay off all of its debts.
FL has a Debt to FCF ratio (74.00) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.17 indicates that FL is not too dependend on debt financing.
FL's Debt to Equity ratio of 0.17 is fine compared to the rest of the industry. FL outperforms 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 74 | ||
| Altman-Z | N/A |
ROIC/WACC0.3
WACC9.29%
2.3 Liquidity
A Current Ratio of 1.59 indicates that FL should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.59, FL is doing good in the industry, outperforming 69.11% of the companies in the same industry.
FL has a Quick Ratio of 1.59. This is a bad value and indicates that FL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.45, FL is in line with its industry, outperforming 42.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
FL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
The earnings per share for FL have been decreasing by -22.77% on average. This is quite bad
Looking at the last year, FL shows a decrease in Revenue. The Revenue has decreased by -3.58% in the last year.
FL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.04% yearly.
EPS 1Y (TTM)0%
EPS 3Y-44.06%
EPS 5Y-22.77%
EPS Q2Q%-440%
Revenue 1Y (TTM)-3.58%
Revenue growth 3Y-3.75%
Revenue growth 5Y-0.04%
Sales Q2Q%-2.26%
3.2 Future
FL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.04% yearly.
The Revenue is expected to decrease by -0.36% on average over the next years.
EPS Next Y-8.87%
EPS Next 2Y3.37%
EPS Next 3Y8.04%
EPS Next 5YN/A
Revenue Next Year-3.04%
Revenue Next 2Y-0.55%
Revenue Next 3Y-0.36%
Revenue Next 5YN/A
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FL is valuated quite expensively with a Price/Earnings ratio of 28.25.
62.60% of the companies in the same industry are more expensive than FL, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.02. FL is around the same levels.
The Price/Forward Earnings ratio is 16.52, which indicates a correct valuation of FL.
66.67% of the companies in the same industry are more expensive than FL, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.57. FL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.25 | ||
| Fwd PE | 16.52 |
4.2 Price Multiples
77.24% of the companies in the same industry are more expensive than FL, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as FL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 382.48 | ||
| EV/EBITDA | 6.44 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.37%
EPS Next 3Y8.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.86%, FL is a good candidate for dividend investing.
FL's Dividend Yield is rather good when compared to the industry average which is at 5.63. FL pays more dividend than 95.94% of the companies in the same industry.
FL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.86% |
5.2 History
FL has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y3.37%
EPS Next 3Y8.04%
24.01
-0.09 (-0.37%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners87.05%
Inst Owner Change-0.08%
Ins Owners0.52%
Ins Owner Change-29.72%
Market Cap2.29B
Analysts69.17
Price Target23.47 (-2.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.86% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-260.71%
Min EPS beat(2)-441.72%
Max EPS beat(2)-79.7%
EPS beat(4)1
Avg EPS beat(4)-131.85%
Min EPS beat(4)-441.72%
Max EPS beat(4)15.94%
EPS beat(8)5
Avg EPS beat(8)-44.7%
EPS beat(12)7
Avg EPS beat(12)-23.99%
EPS beat(16)11
Avg EPS beat(16)-12.76%
Revenue beat(2)0
Avg Revenue beat(2)-4.95%
Min Revenue beat(2)-6.22%
Max Revenue beat(2)-3.68%
Revenue beat(4)0
Avg Revenue beat(4)-5.31%
Min Revenue beat(4)-6.22%
Max Revenue beat(4)-3.68%
Revenue beat(8)1
Avg Revenue beat(8)-3.3%
Revenue beat(12)3
Avg Revenue beat(12)-2.41%
Revenue beat(16)3
Avg Revenue beat(16)-2.47%
PT rev (1m)0.62%
PT rev (3m)3.54%
EPS NQ rev (1m)1.95%
EPS NQ rev (3m)-37.59%
EPS NY rev (1m)4%
EPS NY rev (3m)-11.31%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-4.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.25 | ||
| Fwd PE | 16.52 | ||
| P/S | 0.29 | ||
| P/FCF | 382.48 | ||
| P/OCF | 10.38 | ||
| P/B | 0.89 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 6.44 |
EPS(TTM)0.85
EY3.54%
EPS(NY)1.45
Fwd EY6.05%
FCF(TTM)0.06
FCFY0.26%
OCF(TTM)2.31
OCFY9.63%
SpS82.23
BVpS26.97
TBVpS17.74
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.92% | ||
| ROE | -14.93% | ||
| ROCE | 3.53% | ||
| ROIC | 2.79% | ||
| ROICexc | 2.96% | ||
| ROICexgc | 3.64% | ||
| OM | 2.25% | ||
| PM (TTM) | N/A | ||
| GM | 28.92% | ||
| FCFM | 0.08% |
ROA(3y)-0.1%
ROA(5y)3.05%
ROE(3y)-0.21%
ROE(5y)7.72%
ROIC(3y)4.94%
ROIC(5y)6.74%
ROICexc(3y)5.34%
ROICexc(5y)7.9%
ROICexgc(3y)6.81%
ROICexgc(5y)9.71%
ROCE(3y)6.25%
ROCE(5y)8.53%
ROICexcg growth 3Y-39.97%
ROICexcg growth 5Y-20.87%
ROICexc growth 3Y-39.98%
ROICexc growth 5Y-24.18%
OM growth 3Y-39.88%
OM growth 5Y-22.44%
PM growth 3Y-75.3%
PM growth 5Y-52.38%
GM growth 3Y-5.44%
GM growth 5Y-1.76%
F-Score4
Asset Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 74 | ||
| Debt/EBITDA | 1.16 | ||
| Cap/Depr | 106.44% | ||
| Cap/Sales | 2.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 58.31% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | N/A |
F-Score4
WACC9.29%
ROIC/WACC0.3
Cap/Depr(3y)125.81%
Cap/Depr(5y)114.77%
Cap/Sales(3y)3.07%
Cap/Sales(5y)2.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y-44.06%
EPS 5Y-22.77%
EPS Q2Q%-440%
EPS Next Y-8.87%
EPS Next 2Y3.37%
EPS Next 3Y8.04%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.58%
Revenue growth 3Y-3.75%
Revenue growth 5Y-0.04%
Sales Q2Q%-2.26%
Revenue Next Year-3.04%
Revenue Next 2Y-0.55%
Revenue Next 3Y-0.36%
Revenue Next 5YN/A
EBIT growth 1Y23.78%
EBIT growth 3Y-42.13%
EBIT growth 5Y-22.47%
EBIT Next Year110.42%
EBIT Next 3Y34.47%
EBIT Next 5YN/A
FCF growth 1Y104.2%
FCF growth 3Y-38.75%
FCF growth 5Y-27.07%
OCF growth 1Y142.86%
OCF growth 3Y-19.69%
OCF growth 5Y-13.1%