CANADA GOOSE HOLDINGS INC (GOOS) Stock Fundamental Analysis
NYSE:GOOS - New York Stock Exchange, Inc. - CA1350861060 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to GOOS. GOOS was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. GOOS has an excellent profitability rating, but there are some minor concerns on its financial health. GOOS has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year GOOS was profitable.
In the past year GOOS had a positive cash flow from operations.
Each year in the past 5 years GOOS has been profitable.
In the past 5 years GOOS always reported a positive cash flow from operatings.
1.2 Ratios
GOOS has a better Return On Assets (5.86%) than 64.00% of its industry peers.
Looking at the Return On Equity, with a value of 17.52%, GOOS is in the better half of the industry, outperforming 74.00% of the companies in the same industry.
GOOS's Return On Invested Capital of 9.47% is fine compared to the rest of the industry. GOOS outperforms 62.00% of its industry peers.
GOOS had an Average Return On Invested Capital over the past 3 years of 8.34%. This is below the industry average of 11.17%.
The last Return On Invested Capital (9.47%) for GOOS is above the 3 year average (8.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.86% | ||
| ROE | 17.52% | ||
| ROIC | 9.47% |
ROA(3y)4.79%
ROA(5y)5.16%
ROE(3y)15.67%
ROE(5y)15.36%
ROIC(3y)8.34%
ROIC(5y)9.05%
1.3 Margins
With a decent Profit Margin value of 7.03%, GOOS is doing good in the industry, outperforming 76.00% of the companies in the same industry.
GOOS's Profit Margin has declined in the last couple of years.
GOOS has a better Operating Margin (11.48%) than 78.00% of its industry peers.
GOOS's Operating Margin has declined in the last couple of years.
GOOS has a Gross Margin of 69.94%. This is amongst the best in the industry. GOOS outperforms 96.00% of its industry peers.
GOOS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.48% | ||
| PM (TTM) | 7.03% | ||
| GM | 69.94% |
OM growth 3Y-8.46%
OM growth 5Y-11.15%
PM growth 3Y-6.54%
PM growth 5Y-14.99%
GM growth 3Y1.55%
GM growth 5Y2.46%
2. Health
2.1 Basic Checks
GOOS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
GOOS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GOOS has been reduced compared to 5 years ago.
GOOS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.90 indicates that GOOS is not a great score, but indicates only limited risk for bankruptcy at the moment.
GOOS has a Altman-Z score (2.90) which is comparable to the rest of the industry.
The Debt to FCF ratio of GOOS is 2.71, which is a good value as it means it would take GOOS, 2.71 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.71, GOOS is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
A Debt/Equity ratio of 1.21 is on the high side and indicates that GOOS has dependencies on debt financing.
GOOS has a worse Debt to Equity ratio (1.21) than 74.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 2.71 | ||
| Altman-Z | 2.9 |
ROIC/WACC1.2
WACC7.87%
2.3 Liquidity
A Current Ratio of 2.67 indicates that GOOS has no problem at all paying its short term obligations.
GOOS has a Current ratio of 2.67. This is in the better half of the industry: GOOS outperforms 72.00% of its industry peers.
GOOS has a Quick Ratio of 1.50. This is a normal value and indicates that GOOS is financially healthy and should not expect problems in meeting its short term obligations.
GOOS's Quick ratio of 1.50 is fine compared to the rest of the industry. GOOS outperforms 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.67 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.84% over the past year.
GOOS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.58% yearly.
GOOS shows a small growth in Revenue. In the last year, the Revenue has grown by 1.09%.
Measured over the past years, GOOS shows a small growth in Revenue. The Revenue has been growing by 7.07% on average per year.
EPS 1Y (TTM)7.84%
EPS 3Y-0.89%
EPS 5Y-3.58%
EPS Q2Q%73.68%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y7.07%
Revenue growth 5Y7.07%
Sales Q2Q%7.43%
3.2 Future
Based on estimates for the next years, GOOS will show a small growth in Earnings Per Share. The EPS will grow by 6.52% on average per year.
The Revenue is expected to grow by 4.00% on average over the next years.
EPS Next Y1.48%
EPS Next 2Y5.13%
EPS Next 3Y6.52%
EPS Next 5YN/A
Revenue Next Year4.46%
Revenue Next 2Y5.14%
Revenue Next 3Y4%
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
GOOS is valuated rather expensively with a Price/Earnings ratio of 17.70.
Compared to the rest of the industry, the Price/Earnings ratio of GOOS indicates a somewhat cheap valuation: GOOS is cheaper than 64.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.46. GOOS is valued slightly cheaper when compared to this.
GOOS is valuated rather expensively with a Price/Forward Earnings ratio of 17.40.
GOOS's Price/Forward Earnings is on the same level as the industry average.
GOOS is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.7 | ||
| Fwd PE | 17.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GOOS indicates a somewhat cheap valuation: GOOS is cheaper than 66.00% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GOOS indicates a rather cheap valuation: GOOS is cheaper than 86.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.87 | ||
| EV/EBITDA | 7.97 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GOOS does not grow enough to justify the current Price/Earnings ratio.
GOOS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)11.92
PEG (5Y)N/A
EPS Next 2Y5.13%
EPS Next 3Y6.52%
5. Dividend
5.1 Amount
GOOS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
14.16
+0.14 (+1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners70.59%
Inst Owner Change0%
Ins Owners2.4%
Ins Owner ChangeN/A
Market Cap1.37B
Analysts50
Price Target10.87 (-23.23%)
Short Float %19.89%
Short Ratio6.76
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)18.81%
Min EPS beat(2)-4.08%
Max EPS beat(2)41.69%
EPS beat(4)3
Avg EPS beat(4)59.17%
Min EPS beat(4)-4.08%
Max EPS beat(4)196.12%
EPS beat(8)6
Avg EPS beat(8)74.08%
EPS beat(12)9
Avg EPS beat(12)71.42%
EPS beat(16)12
Avg EPS beat(16)109.44%
Revenue beat(2)1
Avg Revenue beat(2)1.06%
Min Revenue beat(2)-4.02%
Max Revenue beat(2)6.13%
Revenue beat(4)3
Avg Revenue beat(4)0.83%
Min Revenue beat(4)-4.02%
Max Revenue beat(4)6.13%
Revenue beat(8)5
Avg Revenue beat(8)2.46%
Revenue beat(12)8
Avg Revenue beat(12)2.81%
Revenue beat(16)10
Avg Revenue beat(16)3.28%
PT rev (1m)-5.09%
PT rev (3m)12.21%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)-1.29%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.7%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.7 | ||
| Fwd PE | 17.4 | ||
| P/S | 1.4 | ||
| P/FCF | 6.87 | ||
| P/OCF | 6.45 | ||
| P/B | 3.48 | ||
| P/tB | 5.59 | ||
| EV/EBITDA | 7.97 |
EPS(TTM)0.8
EY5.65%
EPS(NY)0.81
Fwd EY5.75%
FCF(TTM)2.06
FCFY14.56%
OCF(TTM)2.2
OCFY15.5%
SpS10.12
BVpS4.06
TBVpS2.53
PEG (NY)11.92
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.86% | ||
| ROE | 17.52% | ||
| ROCE | 12.02% | ||
| ROIC | 9.47% | ||
| ROICexc | 12.79% | ||
| ROICexgc | 16.27% | ||
| OM | 11.48% | ||
| PM (TTM) | 7.03% | ||
| GM | 69.94% | ||
| FCFM | 20.36% |
ROA(3y)4.79%
ROA(5y)5.16%
ROE(3y)15.67%
ROE(5y)15.36%
ROIC(3y)8.34%
ROIC(5y)9.05%
ROICexc(3y)10.54%
ROICexc(5y)12.3%
ROICexgc(3y)13.29%
ROICexgc(5y)15.83%
ROCE(3y)10.65%
ROCE(5y)11.55%
ROICexcg growth 3Y-4.75%
ROICexcg growth 5Y-7.13%
ROICexc growth 3Y-5.1%
ROICexc growth 5Y-6.39%
OM growth 3Y-8.46%
OM growth 5Y-11.15%
PM growth 3Y-6.54%
PM growth 5Y-14.99%
GM growth 3Y1.55%
GM growth 5Y2.46%
F-Score7
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 2.71 | ||
| Debt/EBITDA | 2.29 | ||
| Cap/Depr | 13.7% | ||
| Cap/Sales | 1.33% | ||
| Interest Coverage | 3.99 | ||
| Cash Conversion | 102.42% | ||
| Profit Quality | 289.56% | ||
| Current Ratio | 2.67 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | 2.9 |
F-Score7
WACC7.87%
ROIC/WACC1.2
Cap/Depr(3y)33.84%
Cap/Depr(5y)35.38%
Cap/Sales(3y)3.14%
Cap/Sales(5y)3.25%
Profit Quality(3y)190.15%
Profit Quality(5y)242.29%
High Growth Momentum
Growth
EPS 1Y (TTM)7.84%
EPS 3Y-0.89%
EPS 5Y-3.58%
EPS Q2Q%73.68%
EPS Next Y1.48%
EPS Next 2Y5.13%
EPS Next 3Y6.52%
EPS Next 5YN/A
Revenue 1Y (TTM)1.09%
Revenue growth 3Y7.07%
Revenue growth 5Y7.07%
Sales Q2Q%7.43%
Revenue Next Year4.46%
Revenue Next 2Y5.14%
Revenue Next 3Y4%
Revenue Next 5YN/A
EBIT growth 1Y44.4%
EBIT growth 3Y-1.99%
EBIT growth 5Y-4.86%
EBIT Next Year84.71%
EBIT Next 3Y22.94%
EBIT Next 5YN/A
FCF growth 1Y152.53%
FCF growth 3Y33.41%
FCF growth 5Y324.13%
OCF growth 1Y77.64%
OCF growth 3Y24.48%
OCF growth 5Y36.15%