JOHNSON OUTDOORS INC-A (JOUT) Stock Fundamental Analysis
NASDAQ:JOUT - Nasdaq - US4791671088 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to JOUT. JOUT was compared to 31 industry peers in the Leisure Products industry. While JOUT has a great health rating, there are worries on its profitability. JOUT is valued correctly, but it does not seem to be growing. Finally JOUT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year JOUT has reported negative net income.
In the past year JOUT had a positive cash flow from operations.
JOUT had positive earnings in 4 of the past 5 years.
Of the past 5 years JOUT 4 years had a positive operating cash flow.
1.2 Ratios
JOUT has a Return On Assets (-7.47%) which is in line with its industry peers.
JOUT's Return On Equity of -10.40% is in line compared to the rest of the industry. JOUT outperforms 41.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.47% | ||
| ROE | -10.4% | ||
| ROIC | N/A |
ROA(3y)1.74%
ROA(5y)5.54%
ROE(3y)2.43%
ROE(5y)8.02%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
JOUT's Gross Margin of 32.09% is in line compared to the rest of the industry. JOUT outperforms 58.06% of its industry peers.
JOUT's Gross Margin has declined in the last couple of years.
JOUT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 32.09% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.63%
GM growth 5Y-5.26%
2. Health
2.1 Basic Checks
JOUT does not have a ROIC to compare to the WACC, probably because it is not profitable.
JOUT has more shares outstanding than it did 1 year ago.
JOUT has more shares outstanding than it did 5 years ago.
JOUT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 2.86 indicates that JOUT is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of JOUT (2.86) is better than 64.52% of its industry peers.
There is no outstanding debt for JOUT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.86 |
ROIC/WACCN/A
WACC8.93%
2.3 Liquidity
JOUT has a Current Ratio of 4.23. This indicates that JOUT is financially healthy and has no problem in meeting its short term obligations.
JOUT's Current ratio of 4.23 is fine compared to the rest of the industry. JOUT outperforms 77.42% of its industry peers.
A Quick Ratio of 2.03 indicates that JOUT has no problem at all paying its short term obligations.
JOUT has a better Quick ratio (2.03) than 77.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.23 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
The earnings per share for JOUT have decreased strongly by -361.40% in the last year.
Looking at the last year, JOUT shows a decrease in Revenue. The Revenue has decreased by -9.97% in the last year.
JOUT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.06% yearly.
EPS 1Y (TTM)-361.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-492.11%
Revenue 1Y (TTM)-9.97%
Revenue growth 3Y-7.61%
Revenue growth 5Y1.06%
Sales Q2Q%-22.36%
3.2 Future
JOUT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 72.65% yearly.
Based on estimates for the next years, JOUT will show a small growth in Revenue. The Revenue will grow by 5.43% on average per year.
EPS Next Y77.25%
EPS Next 2Y72.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.16%
Revenue Next 2Y5.43%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
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
JOUT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
JOUT is valuated reasonably with a Price/Forward Earnings ratio of 9.25.
Based on the Price/Forward Earnings ratio, JOUT is valued cheaply inside the industry as 90.32% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, JOUT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JOUT indicates a somewhat cheap valuation: JOUT is cheaper than 70.97% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.62 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
JOUT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
JOUT's earnings are expected to grow with 72.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y72.65%
EPS Next 3YN/A
5. Dividend
5.1 Amount
JOUT has a Yearly Dividend Yield of 5.55%, which is a nice return.
In the last 3 months the price of JOUT has falen by -28.37%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
JOUT's Dividend Yield is rather good when compared to the industry average which is at 4.75. JOUT pays more dividend than 90.32% of the companies in the same industry.
JOUT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.47.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.55% |
5.2 History
On average, the dividend of JOUT grows each year by 18.64%, which is quite nice.
JOUT has been paying a dividend for at least 10 years, so it has a reliable track record.
JOUT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)18.64%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
JOUT has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of JOUT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-29.37%
EPS Next 2Y72.65%
EPS Next 3YN/A
23.58
-0.2 (-0.84%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners83.39%
Inst Owner Change-0.85%
Ins Owners6.84%
Ins Owner Change7.19%
Market Cap243.58M
Analysts85.71
Price Target51 (116.28%)
Short Float %7.27%
Short Ratio13.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.55% |
Yearly Dividend1.31
Dividend Growth(5Y)18.64%
DP-29.37%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-123.75%
Min EPS beat(2)-235.13%
Max EPS beat(2)-12.37%
EPS beat(4)0
Avg EPS beat(4)-89.45%
Min EPS beat(4)-235.13%
Max EPS beat(4)-12.37%
EPS beat(8)3
Avg EPS beat(8)-62.69%
EPS beat(12)4
Avg EPS beat(12)-34.86%
EPS beat(16)8
Avg EPS beat(16)-23.63%
Revenue beat(2)1
Avg Revenue beat(2)-4.48%
Min Revenue beat(2)-9.73%
Max Revenue beat(2)0.78%
Revenue beat(4)2
Avg Revenue beat(4)-1.09%
Min Revenue beat(4)-9.73%
Max Revenue beat(4)8.6%
Revenue beat(8)3
Avg Revenue beat(8)-3.21%
Revenue beat(12)5
Avg Revenue beat(12)-1.33%
Revenue beat(16)7
Avg Revenue beat(16)-0.78%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-37.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-140.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.25 | ||
| P/S | 0.43 | ||
| P/FCF | 14.62 | ||
| P/OCF | 6.45 | ||
| P/B | 0.55 | ||
| P/tB | 0.58 | ||
| EV/EBITDA | N/A |
EPS(TTM)-4.47
EYN/A
EPS(NY)2.55
Fwd EY10.81%
FCF(TTM)1.61
FCFY6.84%
OCF(TTM)3.66
OCFY15.5%
SpS54.39
BVpS42.62
TBVpS40.66
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.47% | ||
| ROE | -10.4% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 32.09% | ||
| FCFM | 2.97% |
ROA(3y)1.74%
ROA(5y)5.54%
ROE(3y)2.43%
ROE(5y)8.02%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.63%
GM growth 5Y-5.26%
F-Score5
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 108.84% | ||
| Cap/Sales | 3.76% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.23 | ||
| Quick Ratio | 2.03 | ||
| Altman-Z | 2.86 |
F-Score5
WACC8.93%
ROIC/WACCN/A
Cap/Depr(3y)158.03%
Cap/Depr(5y)147.69%
Cap/Sales(3y)3.8%
Cap/Sales(5y)3.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-361.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-492.11%
EPS Next Y77.25%
EPS Next 2Y72.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.97%
Revenue growth 3Y-7.61%
Revenue growth 5Y1.06%
Sales Q2Q%-22.36%
Revenue Next Year-1.16%
Revenue Next 2Y5.43%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-936.24%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y133.98%
FCF growth 3Y-19.9%
FCF growth 5Y-8.17%
OCF growth 1Y322.92%
OCF growth 3Y-11.09%
OCF growth 5Y-2.21%