Logo image of FOXF

FOX FACTORY HOLDING CORP (FOXF) Stock Fundamental Analysis

NASDAQ:FOXF - Nasdaq - US35138V1026 - Common Stock - Currency: USD

24.6  -0.39 (-1.56%)

After market: 24.6 0 (0%)

Fundamental Rating

4

Taking everything into account, FOXF scores 4 out of 10 in our fundamental rating. FOXF was compared to 81 industry peers in the Automobile Components industry. FOXF has an average financial health and profitability rating. FOXF has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year FOXF was profitable.
In the past year FOXF had a positive cash flow from operations.
FOXF had positive earnings in each of the past 5 years.
Each year in the past 5 years FOXF had a positive operating cash flow.
FOXF Yearly Net Income VS EBIT VS OCF VS FCFFOXF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

1.2 Ratios

FOXF has a worse Return On Assets (-12.88%) than 86.42% of its industry peers.
With a Return On Equity value of -26.56%, FOXF is not doing good in the industry: 86.42% of the companies in the same industry are doing better.
FOXF has a Return On Invested Capital of 3.07%. This is amonst the worse of the industry: FOXF underperforms 81.48% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FOXF is in line with the industry average of 9.05%.
The 3 year average ROIC (8.41%) for FOXF is well above the current ROIC(3.07%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA -12.88%
ROE -26.56%
ROIC 3.07%
ROA(3y)6.12%
ROA(5y)7.25%
ROE(3y)9.58%
ROE(5y)11.94%
ROIC(3y)8.41%
ROIC(5y)9.49%
FOXF Yearly ROA, ROE, ROICFOXF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

In the last couple of years the Profit Margin of FOXF has declined.
Looking at the Operating Margin, with a value of 4.26%, FOXF is doing worse than 74.07% of the companies in the same industry.
FOXF's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 30.39%, FOXF belongs to the top of the industry, outperforming 87.65% of the companies in the same industry.
In the last couple of years the Gross Margin of FOXF has remained more or less at the same level.
Industry RankSector Rank
OM 4.26%
PM (TTM) N/A
GM 30.39%
OM growth 3Y-35.13%
OM growth 5Y-22.73%
PM growth 3Y-66.6%
PM growth 5Y-48.02%
GM growth 3Y-2.98%
GM growth 5Y-1.22%
FOXF Yearly Profit, Operating, Gross MarginsFOXF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

4

2. Health

2.1 Basic Checks

FOXF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, FOXF has less shares outstanding
FOXF has more shares outstanding than it did 5 years ago.
FOXF has a better debt/assets ratio than last year.
FOXF Yearly Shares OutstandingFOXF Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
FOXF Yearly Total Debt VS Total AssetsFOXF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

FOXF has an Altman-Z score of 2.21. This is not the best score and indicates that FOXF is in the grey zone with still only limited risk for bankruptcy at the moment.
FOXF has a Altman-Z score of 2.21. This is in the lower half of the industry: FOXF underperforms 64.20% of its industry peers.
FOXF has a debt to FCF ratio of 8.67. This is a slightly negative value and a sign of low solvency as FOXF would need 8.67 years to pay back of all of its debts.
FOXF's Debt to FCF ratio of 8.67 is on the low side compared to the rest of the industry. FOXF is outperformed by 69.14% of its industry peers.
A Debt/Equity ratio of 0.73 indicates that FOXF is somewhat dependend on debt financing.
FOXF has a Debt to Equity ratio of 0.73. This is amonst the worse of the industry: FOXF underperforms 80.25% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.73
Debt/FCF 8.67
Altman-Z 2.21
ROIC/WACC0.3
WACC10.15%
FOXF Yearly LT Debt VS Equity VS FCFFOXF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 3.18 indicates that FOXF has no problem at all paying its short term obligations.
FOXF has a better Current ratio (3.18) than 88.89% of its industry peers.
A Quick Ratio of 1.36 indicates that FOXF should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.36, FOXF is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.18
Quick Ratio 1.36
FOXF Yearly Current Assets VS Current LiabilitesFOXF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

4

3. Growth

3.1 Past

The earnings per share for FOXF have decreased strongly by -58.22% in the last year.
Measured over the past years, FOXF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.27% on average per year.
FOXF shows a small growth in Revenue. In the last year, the Revenue has grown by 1.27%.
The Revenue has been growing by 13.17% on average over the past years. This is quite good.
EPS 1Y (TTM)-58.22%
EPS 3Y-33.39%
EPS 5Y-13.27%
EPS Q2Q%-20.69%
Revenue 1Y (TTM)1.27%
Revenue growth 3Y2.38%
Revenue growth 5Y13.17%
Sales Q2Q%6.46%

3.2 Future

Based on estimates for the next years, FOXF will show a very strong growth in Earnings Per Share. The EPS will grow by 36.09% on average per year.
FOXF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.55% yearly.
EPS Next Y39.36%
EPS Next 2Y36.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.1%
Revenue Next 2Y5.55%
Revenue Next 3YN/A
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.
FOXF Yearly Revenue VS EstimatesFOXF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B
FOXF Yearly EPS VS EstimatesFOXF Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 19.37 indicates a rather expensive valuation of FOXF.
Compared to the rest of the industry, the Price/Earnings ratio of FOXF is on the same level as its industry peers.
When comparing the Price/Earnings ratio of FOXF to the average of the S&P500 Index (26.17), we can say FOXF is valued slightly cheaper.
With a Price/Forward Earnings ratio of 9.99, the valuation of FOXF can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FOXF is on the same level as its industry peers.
FOXF is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 19.37
Fwd PE 9.99
FOXF Price Earnings VS Forward Price EarningsFOXF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

71.60% of the companies in the same industry are cheaper than FOXF, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as FOXF.
Industry RankSector Rank
P/FCF 12.54
EV/EBITDA 11.58
FOXF Per share dataFOXF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

FOXF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FOXF's earnings are expected to grow with 36.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y36.09%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

FOXF does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

FOX FACTORY HOLDING CORP

NASDAQ:FOXF (5/28/2025, 5:59:09 PM)

After market: 24.6 0 (0%)

24.6

-0.39 (-1.56%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)05-08 2025-05-08/amc
Earnings (Next)07-30 2025-07-30/amc
Inst Owners103.74%
Inst Owner Change-2.08%
Ins Owners0.41%
Ins Owner Change7.58%
Market Cap1.03B
Analysts78.57
Price Target32.13 (30.61%)
Short Float %5.47%
Short Ratio3.34
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.76%
Min EPS beat(2)4.88%
Max EPS beat(2)6.64%
EPS beat(4)3
Avg EPS beat(4)0.23%
Min EPS beat(4)-18.3%
Max EPS beat(4)7.71%
EPS beat(8)5
Avg EPS beat(8)0.82%
EPS beat(12)8
Avg EPS beat(12)2.86%
EPS beat(16)11
Avg EPS beat(16)4.16%
Revenue beat(2)2
Avg Revenue beat(2)5.94%
Min Revenue beat(2)5.25%
Max Revenue beat(2)6.64%
Revenue beat(4)2
Avg Revenue beat(4)1.59%
Min Revenue beat(4)-4.03%
Max Revenue beat(4)6.64%
Revenue beat(8)2
Avg Revenue beat(8)-1.86%
Revenue beat(12)4
Avg Revenue beat(12)-0.8%
Revenue beat(16)8
Avg Revenue beat(16)1.23%
PT rev (1m)-10.32%
PT rev (3m)-21%
EPS NQ rev (1m)-2.67%
EPS NQ rev (3m)-14.4%
EPS NY rev (1m)-4.11%
EPS NY rev (3m)-7.41%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)-3.82%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)0.9%
Valuation
Industry RankSector Rank
PE 19.37
Fwd PE 9.99
P/S 0.72
P/FCF 12.54
P/OCF 8.33
P/B 1.09
P/tB 8.25
EV/EBITDA 11.58
EPS(TTM)1.27
EY5.16%
EPS(NY)2.46
Fwd EY10.01%
FCF(TTM)1.96
FCFY7.98%
OCF(TTM)2.95
OCFY12%
SpS33.94
BVpS22.53
TBVpS2.98
PEG (NY)0.49
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -12.88%
ROE -26.56%
ROCE 3.52%
ROIC 3.07%
ROICexc 3.2%
ROICexgc 6.34%
OM 4.26%
PM (TTM) N/A
GM 30.39%
FCFM 5.78%
ROA(3y)6.12%
ROA(5y)7.25%
ROE(3y)9.58%
ROE(5y)11.94%
ROIC(3y)8.41%
ROIC(5y)9.49%
ROICexc(3y)9.17%
ROICexc(5y)10.88%
ROICexgc(3y)17.74%
ROICexgc(5y)21.71%
ROCE(3y)9.65%
ROCE(5y)10.89%
ROICexcg growth 3Y-40.45%
ROICexcg growth 5Y-28.43%
ROICexc growth 3Y-44.56%
ROICexc growth 5Y-33.77%
OM growth 3Y-35.13%
OM growth 5Y-22.73%
PM growth 3Y-66.6%
PM growth 5Y-48.02%
GM growth 3Y-2.98%
GM growth 5Y-1.22%
F-Score3
Asset Turnover0.73
Health
Industry RankSector Rank
Debt/Equity 0.73
Debt/FCF 8.67
Debt/EBITDA 4.71
Cap/Depr 48.54%
Cap/Sales 2.92%
Interest Coverage 1.1
Cash Conversion 84.68%
Profit Quality N/A
Current Ratio 3.18
Quick Ratio 1.36
Altman-Z 2.21
F-Score3
WACC10.15%
ROIC/WACC0.3
Cap/Depr(3y)73.82%
Cap/Depr(5y)102.05%
Cap/Sales(3y)3.03%
Cap/Sales(5y)3.93%
Profit Quality(3y)506.44%
Profit Quality(5y)310.88%
High Growth Momentum
Growth
EPS 1Y (TTM)-58.22%
EPS 3Y-33.39%
EPS 5Y-13.27%
EPS Q2Q%-20.69%
EPS Next Y39.36%
EPS Next 2Y36.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.27%
Revenue growth 3Y2.38%
Revenue growth 5Y13.17%
Sales Q2Q%6.46%
Revenue Next Year5.1%
Revenue Next 2Y5.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-47.22%
EBIT growth 3Y-33.59%
EBIT growth 5Y-12.56%
EBIT Next Year105.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.25%
FCF growth 3Y102.97%
FCF growth 5Y32.74%
OCF growth 1Y-53.24%
OCF growth 3Y26.39%
OCF growth 5Y12%