HANESBRANDS INC (HBI)
US4103451021 - Common Stock
Overall HBI gets a fundamental rating of 3 out of 10. We evaluated HBI against 50 industry peers in the Textiles, Apparel & Luxury Goods industry. HBI has a bad profitability rating. Also its financial health evaluation is rather negative. HBI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
HBI had positive earnings in the past year.
In the past year HBI had a positive cash flow from operations.
In multiple years HBI reported negative net income over the last 5 years.
HBI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
HBI has a worse Return On Assets (-5.55%) than 72.00% of its industry peers.
HBI has a Return On Equity of -463.27%. This is amonst the worse of the industry: HBI underperforms 96.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.99%, HBI is in the better half of the industry, outperforming 64.00% of the companies in the same industry.
HBI had an Average Return On Invested Capital over the past 3 years of 10.94%. This is in line with the industry average of 11.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.55% | ||
| ROE | -463.27% | ||
| ROIC | 8.99% |
ROA(3y)-0.39%
ROA(5y)1.2%
ROE(3y)-8.39%
ROE(5y)2.82%
ROIC(3y)10.94%
ROIC(5y)11.34%
1.3 Margins
With a decent Operating Margin value of 9.47%, HBI is doing good in the industry, outperforming 66.00% of the companies in the same industry.
HBI's Operating Margin has declined in the last couple of years.
HBI has a Gross Margin of 37.90%. This is in the lower half of the industry: HBI underperforms 78.00% of its industry peers.
In the last couple of years the Gross Margin of HBI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.47% | ||
| PM (TTM) | N/A | ||
| GM | 37.9% |
OM growth 3Y-17.27%
OM growth 5Y-12.35%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2%
GM growth 5Y-2.46%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HBI is still creating some value.
Compared to 1 year ago, HBI has more shares outstanding
HBI has less shares outstanding than it did 5 years ago.
HBI has a better debt/assets ratio than last year.
2.2 Solvency
HBI has an Altman-Z score of 1.62. This is a bad value and indicates that HBI is not financially healthy and even has some risk of bankruptcy.
HBI has a worse Altman-Z score (1.62) than 78.00% of its industry peers.
HBI has a debt to FCF ratio of 6.59. This is a slightly negative value and a sign of low solvency as HBI would need 6.59 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.59, HBI is doing worse than 64.00% of the companies in the same industry.
HBI has a Debt/Equity ratio of 50.06. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 50.06, HBI is not doing good in the industry: 96.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 50.06 | ||
| Debt/FCF | 6.59 | ||
| Altman-Z | 1.62 |
ROIC/WACC1.05
WACC8.57%
2.3 Liquidity
HBI has a Current Ratio of 1.46. This is a normal value and indicates that HBI is financially healthy and should not expect problems in meeting its short term obligations.
HBI's Current ratio of 1.46 is on the low side compared to the rest of the industry. HBI is outperformed by 76.00% of its industry peers.
A Quick Ratio of 0.86 indicates that HBI may have some problems paying its short term obligations.
The Quick ratio of HBI (0.86) is worse than 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for HBI have decreased strongly by -10.34% in the last year.
The earnings per share for HBI have been decreasing by -49.01% on average. This is quite bad
Looking at the last year, HBI shows a very negative growth in Revenue. The Revenue has decreased by -23.28% in the last year.
The Revenue has been decreasing by -3.69% on average over the past years.
EPS 1Y (TTM)-10.34%
EPS 3Y-65.41%
EPS 5Y-49.01%
EPS Q2Q%1600%
Revenue 1Y (TTM)-23.28%
Revenue growth 3Y-2.74%
Revenue growth 5Y-3.69%
Sales Q2Q%-30.83%
3.2 Future
HBI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 92.98% yearly.
The Revenue is expected to grow by 1.11% on average over the next years.
EPS Next Y482.2%
EPS Next 2Y210.96%
EPS Next 3Y130.2%
EPS Next 5Y92.98%
Revenue Next Year-36.81%
Revenue Next 2Y-20.35%
Revenue Next 3Y-13.96%
Revenue Next 5Y1.11%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
HBI is valuated quite expensively with a Price/Earnings ratio of 27.77.
HBI's Price/Earnings is on the same level as the industry average.
HBI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 31.52, which is the current average of the S&P500 Index.
HBI is valuated correctly with a Price/Forward Earnings ratio of 12.44.
74.00% of the companies in the same industry are more expensive than HBI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.55. HBI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.77 | ||
| Fwd PE | 12.44 |
4.2 Price Multiples
HBI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HBI is cheaper than 66.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HBI is valued cheaper than 88.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.12 | ||
| EV/EBITDA | 10.31 |
4.3 Compensation for Growth
HBI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HBI's earnings are expected to grow with 130.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y210.96%
EPS Next 3Y130.2%
5. Dividend
5.1 Amount
No dividends for HBI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
HANESBRANDS INC
NYSE:HBI (10/14/2024, 11:41:09 AM)
7.2198
-0.02 (-0.28%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.54B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.77 | ||
| Fwd PE | 12.44 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.06
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.55% | ||
| ROE | -463.27% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.47% | ||
| PM (TTM) | N/A | ||
| GM | 37.9% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 50.06 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-10.34%
EPS 3Y-65.41%
EPS 5Y
EPS Q2Q%
EPS Next Y482.2%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-23.28%
Revenue growth 3Y-2.74%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y