87.49 USD
+0.01 (+0.01%)
At close: Jul 24, 2024
87.48 USD
-0.01 (-0.01%)
After Hours: 7/24/2024, 8:03:33 PM
HIBB gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 121 industry peers in the Specialty Retail industry. HIBB gets an excellent profitability rating and is at the same time showing great financial health properties. HIBB scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes HIBB very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
- HIBB had positive earnings in the past year.
- In the past year HIBB had a positive cash flow from operations.
- In the past 5 years HIBB has always been profitable.
- In the past 5 years HIBB always reported a positive cash flow from operatings.
1.2 Ratios
- HIBB has a better Return On Assets (10.67%) than 87.20% of its industry peers.
- The Return On Equity of HIBB (22.31%) is better than 79.20% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 14.54%, HIBB belongs to the top of the industry, outperforming 83.20% of the companies in the same industry.
- HIBB had an Average Return On Invested Capital over the past 3 years of 23.25%. This is significantly above the industry average of 12.28%.
- The last Return On Invested Capital (14.54%) for HIBB is well below the 3 year average (23.25%), which needs to be investigated, but indicates that HIBB had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.67% | ||
| ROE | 22.31% | ||
| ROIC | 14.54% |
ROA(3y)16.59%
ROA(5y)12.5%
ROE(3y)39.49%
ROE(5y)29.15%
ROIC(3y)23.25%
ROIC(5y)19.38%
1.3 Margins
- With a decent Profit Margin value of 5.80%, HIBB is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- HIBB's Profit Margin has improved in the last couple of years.
- With a decent Operating Margin value of 7.69%, HIBB is doing good in the industry, outperforming 77.60% of the companies in the same industry.
- In the last couple of years the Operating Margin of HIBB has grown nicely.
- The Gross Margin of HIBB (34.31%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of HIBB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.69% | ||
| PM (TTM) | 5.8% | ||
| GM | 34.31% |
OM growth 3Y-7.36%
OM growth 5Y12.69%
PM growth 3Y4.47%
PM growth 5Y16.21%
GM growth 3Y-1.89%
GM growth 5Y0.6%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so HIBB is creating value.
- Compared to 1 year ago, HIBB has less shares outstanding
- HIBB has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HIBB has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 5.73 indicates that HIBB is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 5.73, HIBB belongs to the best of the industry, outperforming 91.20% of the companies in the same industry.
- The Debt to FCF ratio of HIBB is 0.06, which is an excellent value as it means it would take HIBB, only 0.06 years of fcf income to pay off all of its debts.
- HIBB's Debt to FCF ratio of 0.06 is amongst the best of the industry. HIBB outperforms 87.20% of its industry peers.
- HIBB has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.02, HIBB is in the better half of the industry, outperforming 73.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.06 | ||
| Altman-Z | 5.73 |
ROIC/WACC1.65
WACC8.83%
2.3 Liquidity
- A Current Ratio of 1.84 indicates that HIBB should not have too much problems paying its short term obligations.
- With a decent Current ratio value of 1.84, HIBB is doing good in the industry, outperforming 76.00% of the companies in the same industry.
- A Quick Ratio of 0.27 indicates that HIBB may have some problems paying its short term obligations.
- HIBB's Quick ratio of 0.27 is on the low side compared to the rest of the industry. HIBB is outperformed by 76.80% of its industry peers.
- HIBB does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
- The earnings per share for HIBB have decreased strongly by -14.07% in the last year.
- HIBB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.85% yearly.
- HIBB shows a decrease in Revenue. In the last year, the revenue decreased by -1.10%.
- The Revenue has been growing by 11.38% on average over the past years. This is quite good.
EPS 1Y (TTM)-14.07%
EPS 3Y10.26%
EPS 5Y35.85%
EPS Q2Q%-2.55%
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y6.79%
Revenue growth 5Y11.38%
Sales Q2Q%-1.83%
3.2 Future
- HIBB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.14% yearly.
- Based on estimates for the next years, HIBB will show a very strong growth in Revenue. The Revenue will grow by 49.40% on average per year.
EPS Next Y1.32%
EPS Next 2Y4.32%
EPS Next 3Y6.14%
EPS Next 5YN/A
Revenue Next Year-0.62%
Revenue Next 2Y2.31%
Revenue Next 3Y49.4%
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 decreasing.
- 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
- The Price/Earnings ratio is 10.77, which indicates a very decent valuation of HIBB.
- Based on the Price/Earnings ratio, HIBB is valued cheaply inside the industry as 84.80% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.32. HIBB is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 9.82 indicates a reasonable valuation of HIBB.
- Based on the Price/Forward Earnings ratio, HIBB is valued cheaply inside the industry as 81.60% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. HIBB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HIBB is valued cheaply inside the industry as 84.80% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, HIBB is valued cheaper than 91.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.79 | ||
| EV/EBITDA | 5.58 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of HIBB may justify a higher PE ratio.
PEG (NY)8.19
PEG (5Y)0.3
EPS Next 2Y4.32%
EPS Next 3Y6.14%
5. Dividend
5.1 Amount
- HIBB has a Yearly Dividend Yield of 1.14%.
- Compared to an average industry Dividend Yield of 2.20, HIBB pays a bit more dividend than its industry peers.
- HIBB's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
5.2 History
- HIBB has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- 12.15% of the earnings are spent on dividend by HIBB. This is a low number and sustainable payout ratio.
DP12.15%
EPS Next 2Y4.32%
EPS Next 3Y6.14%
HIBBETT INC / HIBB FAQ
What is the ChartMill fundamental rating of HIBBETT INC (HIBB) stock?
ChartMill assigns a fundamental rating of 7 / 10 to HIBB.
Can you provide the valuation status for HIBBETT INC?
ChartMill assigns a valuation rating of 8 / 10 to HIBBETT INC (HIBB). This can be considered as Undervalued.
Can you provide the profitability details for HIBBETT INC?
HIBBETT INC (HIBB) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for HIBB stock?
The Price/Earnings (PE) ratio for HIBBETT INC (HIBB) is 10.77 and the Price/Book (PB) ratio is 2.34.
Can you provide the dividend sustainability for HIBB stock?
The dividend rating of HIBBETT INC (HIBB) is 3 / 10 and the dividend payout ratio is 12.15%.