HIBBETT INC (HIBB) Stock Fundamental Analysis
NASDAQ:HIBB - Nasdaq - US4285671016 - Common Stock - Currency: USD
Taking everything into account, HIBB scores 7 out of 10 in our fundamental rating. HIBB was compared to 120 industry peers in the Specialty Retail industry. Both the health and profitability get an excellent rating, making HIBB a very profitable company, without any liquidiy or solvency issues. 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
In the past year HIBB was profitable.
HIBB had a positive operating cash flow in the past year.
Each year in the past 5 years HIBB has been profitable.
Each year in the past 5 years HIBB had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 10.67%, HIBB belongs to the best of the industry, outperforming 87.20% of the companies in the same industry.
Looking at the Return On Equity, with a value of 22.31%, HIBB is in the better half of the industry, outperforming 79.20% of the companies in the same industry.
HIBB's Return On Invested Capital of 14.54% is amongst the best of the industry. HIBB outperforms 83.20% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HIBB is significantly above the industry average of 13.31%.
The 3 year average ROIC (23.25%) for HIBB is well above the current ROIC(14.54%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Profit Margin, with a value of 5.80%, HIBB is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Profit Margin of HIBB has grown nicely.
Looking at the Operating Margin, with a value of 7.69%, HIBB is in the better half of the industry, outperforming 77.60% of the companies in the same industry.
HIBB's Operating Margin has improved in the last couple of years.
HIBB has a Gross Margin of 34.31%. This is comparable to the rest of the industry: HIBB outperforms 44.80% of its industry peers.
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.
HIBB has less shares outstanding than it did 1 year ago.
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 has a better Debt to FCF ratio (0.06) than 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.
The Debt to Equity ratio of HIBB (0.02) is better than 73.60% of its industry peers.
| 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.
HIBB's Current ratio of 1.84 is fine compared to the rest of the industry. HIBB outperforms 76.00% of its industry peers.
A Quick Ratio of 0.27 indicates that HIBB may have some problems paying its short term obligations.
With a Quick ratio value of 0.27, HIBB is not doing good in the industry: 76.80% of the companies in the same industry are doing better.
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
HIBB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.07%.
The Earnings Per Share has been growing by 35.85% on average over the past years. This is a very strong growth
Looking at the last year, HIBB shows a decrease in Revenue. The Revenue has decreased by -1.10% in the last year.
HIBB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.38% yearly.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.77, which indicates a very decent valuation of HIBB.
84.80% of the companies in the same industry are more expensive than HIBB, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of HIBB to the average of the S&P500 Index (26.59), we can say HIBB is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.82, the valuation of HIBB can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HIBB indicates a rather cheap valuation: HIBB is cheaper than 81.60% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.39, HIBB is valued rather cheaply.
| 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 cheaper than 84.80% of the companies in the same industry.
HIBB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HIBB is 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.
HIBB has an outstanding profitability rating, which 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
With a Yearly Dividend Yield of 1.14%, HIBB has a reasonable but not impressive dividend return.
HIBB's Dividend Yield is a higher than the industry average which is at 5.18.
Compared to an average S&P500 Dividend Yield of 2.39, HIBB's dividend is way lower than the S&P500 average.
| 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
HIBB pays out 12.15% of its income as dividend. This is a sustainable payout ratio.
DP12.15%
EPS Next 2Y4.32%
EPS Next 3Y6.14%
87.49
+0.01 (+0.01%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners5.38%
Inst Owner Change-54.49%
Ins Owners2.81%
Ins Owner Change0%
Market Cap1.05B
Analysts50.91
Price Target78.64 (-10.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
Yearly Dividend1.01
Dividend Growth(5Y)N/A
DP12.15%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.3%
Min EPS beat(2)-2.3%
Max EPS beat(2)-0.31%
EPS beat(4)2
Avg EPS beat(4)20.27%
Min EPS beat(4)-2.3%
Max EPS beat(4)70.32%
EPS beat(8)2
Avg EPS beat(8)3.48%
EPS beat(12)4
Avg EPS beat(12)9.17%
EPS beat(16)8
Avg EPS beat(16)34.84%
Revenue beat(2)0
Avg Revenue beat(2)-3.81%
Min Revenue beat(2)-4.2%
Max Revenue beat(2)-3.42%
Revenue beat(4)1
Avg Revenue beat(4)-2.07%
Min Revenue beat(4)-4.2%
Max Revenue beat(4)1.63%
Revenue beat(8)1
Avg Revenue beat(8)-2.96%
Revenue beat(12)3
Avg Revenue beat(12)0.28%
Revenue beat(16)6
Avg Revenue beat(16)3.66%
PT rev (1m)0%
PT rev (3m)3.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.82 | ||
| P/S | 0.61 | ||
| P/FCF | 6.79 | ||
| P/OCF | 5.07 | ||
| P/B | 2.34 | ||
| P/tB | 2.47 | ||
| EV/EBITDA | 5.58 |
EPS(TTM)8.12
EY9.28%
EPS(NY)8.91
Fwd EY10.19%
FCF(TTM)12.89
FCFY14.73%
OCF(TTM)17.25
OCFY19.72%
SpS143.98
BVpS37.43
TBVpS35.46
PEG (NY)8.19
PEG (5Y)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.67% | ||
| ROE | 22.31% | ||
| ROCE | 18.96% | ||
| ROIC | 14.54% | ||
| ROICexc | 15.16% | ||
| ROICexgc | 15.7% | ||
| OM | 7.69% | ||
| PM (TTM) | 5.8% | ||
| GM | 34.31% | ||
| FCFM | 8.95% |
ROA(3y)16.59%
ROA(5y)12.5%
ROE(3y)39.49%
ROE(5y)29.15%
ROIC(3y)23.25%
ROIC(5y)19.38%
ROICexc(3y)23.98%
ROICexc(5y)22.16%
ROICexgc(3y)25.02%
ROICexgc(5y)23.42%
ROCE(3y)30.93%
ROCE(5y)25.56%
ROICexcg growth 3Y-20.46%
ROICexcg growth 5Y6.08%
ROICexc growth 3Y-19.64%
ROICexc growth 5Y9.1%
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%
F-Score6
Asset Turnover1.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.06 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 103.7% | ||
| Cap/Sales | 3.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 112.84% | ||
| Profit Quality | 154.33% | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z | 5.73 |
F-Score6
WACC8.83%
ROIC/WACC1.65
Cap/Depr(3y)153.35%
Cap/Depr(5y)127.33%
Cap/Sales(3y)3.74%
Cap/Sales(5y)3.03%
Profit Quality(3y)40.23%
Profit Quality(5y)122.93%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.07%
EPS 3Y10.26%
EPS 5Y35.85%
EPS Q2Q%-2.55%
EPS Next Y1.32%
EPS Next 2Y4.32%
EPS Next 3Y6.14%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y6.79%
Revenue growth 5Y11.38%
Sales Q2Q%-1.83%
Revenue Next Year-0.62%
Revenue Next 2Y2.31%
Revenue Next 3Y49.4%
Revenue Next 5YN/A
EBIT growth 1Y-19.07%
EBIT growth 3Y-1.07%
EBIT growth 5Y25.51%
EBIT Next Year31.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y51431.7%
FCF growth 3Y-28%
FCF growth 5Y1.77%
OCF growth 1Y157.99%
OCF growth 3Y-15.64%
OCF growth 5Y10.09%