FUNKO INC-CLASS A (FNKO) Stock Fundamental Analysis
NASDAQ:FNKO - Nasdaq - US3610081057 - Common Stock - Currency: USD
Taking everything into account, FNKO scores 3 out of 10 in our fundamental rating. FNKO was compared to 30 industry peers in the Leisure Products industry. Both the profitability and financial health of FNKO have multiple concerns. FNKO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FNKO has reported negative net income.
In the past year FNKO had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: FNKO reported negative net income in multiple years.
Of the past 5 years FNKO 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -3.03%, FNKO perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
Looking at the Return On Equity, with a value of -9.23%, FNKO is in line with its industry, outperforming 50.00% of the companies in the same industry.
FNKO has a Return On Invested Capital (0.81%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.03% | ||
| ROE | -9.23% | ||
| ROIC | 0.81% |
ROA(3y)-7.32%
ROA(5y)-3.38%
ROE(3y)-24.97%
ROE(5y)-11.92%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FNKO has a Operating Margin (0.46%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of FNKO has declined.
The Gross Margin of FNKO (41.48%) is better than 73.33% of its industry peers.
FNKO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.46% | ||
| PM (TTM) | N/A | ||
| GM | 41.48% |
OM growth 3Y-48.91%
OM growth 5Y-26.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.79%
GM growth 5Y3.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FNKO is destroying value.
Compared to 1 year ago, FNKO has more shares outstanding
FNKO has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FNKO has been reduced compared to a year ago.
2.2 Solvency
FNKO has an Altman-Z score of 1.60. This is a bad value and indicates that FNKO is not financially healthy and even has some risk of bankruptcy.
FNKO has a worse Altman-Z score (1.60) than 70.00% of its industry peers.
FNKO has a debt to FCF ratio of 3.92. This is a good value and a sign of high solvency as FNKO would need 3.92 years to pay back of all of its debts.
FNKO's Debt to FCF ratio of 3.92 is fine compared to the rest of the industry. FNKO outperforms 70.00% of its industry peers.
A Debt/Equity ratio of 0.84 indicates that FNKO is somewhat dependend on debt financing.
FNKO's Debt to Equity ratio of 0.84 is on the low side compared to the rest of the industry. FNKO is outperformed by 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.09
WACC9.5%
2.3 Liquidity
A Current Ratio of 0.85 indicates that FNKO may have some problems paying its short term obligations.
FNKO has a Current ratio of 0.85. This is amonst the worse of the industry: FNKO underperforms 90.00% of its industry peers.
A Quick Ratio of 0.54 indicates that FNKO may have some problems paying its short term obligations.
With a Quick ratio value of 0.54, FNKO is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 98.21% over the past year.
The earnings per share for FNKO have been decreasing by -31.16% on average. This is quite bad
The Revenue has decreased by -3.30% in the past year.
FNKO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.72% yearly.
EPS 1Y (TTM)98.21%
EPS 3Y-52.62%
EPS 5Y-31.16%
EPS Q2Q%-94.12%
Revenue 1Y (TTM)-3.3%
Revenue growth 3Y0.66%
Revenue growth 5Y5.72%
Sales Q2Q%-11.57%
3.2 Future
The Earnings Per Share is expected to grow by 61.55% on average over the next years. This is a very strong growth
FNKO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.89% yearly.
EPS Next Y-147.6%
EPS Next 2Y62.54%
EPS Next 3Y61.55%
EPS Next 5YN/A
Revenue Next Year-3.76%
Revenue Next 2Y1.96%
Revenue Next 3Y3.89%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FNKO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 12.21, the valuation of FNKO can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FNKO indicates a rather cheap valuation: FNKO is cheaper than 83.33% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.19. FNKO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FNKO is valued cheaply inside the industry as 96.67% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, FNKO is valued cheaply inside the industry as 96.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.16 | ||
| EV/EBITDA | 5.34 |
4.3 Compensation for Growth
FNKO's earnings are expected to grow with 61.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.54%
EPS Next 3Y61.55%
5. Dividend
5.1 Amount
FNKO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.84
-0.06 (-1.22%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners69.12%
Inst Owner Change13.57%
Ins Owners8.43%
Ins Owner Change0.97%
Market Cap265.91M
Analysts80
Price Target6.38 (31.82%)
Short Float %9.98%
Short Ratio2.78
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.97%
Min Revenue beat(2)-2.59%
Max Revenue beat(2)0.65%
Revenue beat(4)2
Avg Revenue beat(4)0.56%
Min Revenue beat(4)-2.59%
Max Revenue beat(4)5.09%
Revenue beat(8)4
Avg Revenue beat(8)-0.17%
Revenue beat(12)8
Avg Revenue beat(12)1.99%
Revenue beat(16)12
Avg Revenue beat(16)4.87%
PT rev (1m)-37.5%
PT rev (3m)-45.65%
EPS NQ rev (1m)-320%
EPS NQ rev (3m)-450%
EPS NY rev (1m)0%
EPS NY rev (3m)-119.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-18.78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.21 | ||
| P/S | 0.26 | ||
| P/FCF | 5.16 | ||
| P/OCF | 3.07 | ||
| P/B | 1.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.34 |
EPS(TTM)-0.01
EYN/A
EPS(NY)0.4
Fwd EY8.19%
FCF(TTM)0.94
FCFY19.39%
OCF(TTM)1.58
OCFY32.63%
SpS18.65
BVpS3.87
TBVpS-1.25
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.03% | ||
| ROE | -9.23% | ||
| ROCE | 1.27% | ||
| ROIC | 0.81% | ||
| ROICexc | 0.86% | ||
| ROICexgc | 2.51% | ||
| OM | 0.46% | ||
| PM (TTM) | N/A | ||
| GM | 41.48% | ||
| FCFM | 5.03% |
ROA(3y)-7.32%
ROA(5y)-3.38%
ROE(3y)-24.97%
ROE(5y)-11.92%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-35.25%
ROICexcg growth 5Y-10.41%
ROICexc growth 3Y-42.42%
ROICexc growth 5Y-16.02%
OM growth 3Y-48.91%
OM growth 5Y-26.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.79%
GM growth 5Y3.1%
F-Score6
Asset Turnover1.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 3.92 | ||
| Debt/EBITDA | 2.66 | ||
| Cap/Depr | 56.03% | ||
| Cap/Sales | 3.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 128.54% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 1.6 |
F-Score6
WACC9.5%
ROIC/WACC0.09
Cap/Depr(3y)79%
Cap/Depr(5y)69.19%
Cap/Sales(3y)3.6%
Cap/Sales(5y)3.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)98.21%
EPS 3Y-52.62%
EPS 5Y-31.16%
EPS Q2Q%-94.12%
EPS Next Y-147.6%
EPS Next 2Y62.54%
EPS Next 3Y61.55%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.3%
Revenue growth 3Y0.66%
Revenue growth 5Y5.72%
Sales Q2Q%-11.57%
Revenue Next Year-3.76%
Revenue Next 2Y1.96%
Revenue Next 3Y3.89%
Revenue Next 5YN/A
EBIT growth 1Y108.66%
EBIT growth 3Y-48.57%
EBIT growth 5Y-22.54%
EBIT Next Year900.63%
EBIT Next 3Y156.19%
EBIT Next 5YN/A
FCF growth 1Y151.57%
FCF growth 3Y15.04%
FCF growth 5Y13.35%
OCF growth 1Y283.03%
OCF growth 3Y12.22%
OCF growth 5Y6.35%