JOHNSON OUTDOORS INC-A (JOUT)
US4791671088 - Common Stock
Taking everything into account, JOUT scores 5 out of 10 in our fundamental rating. JOUT was compared to 32 industry peers in the Leisure Products industry. JOUT is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. JOUT is valued correctly, but it does not seem to be growing. JOUT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
JOUT had positive earnings in the past year.
JOUT had a positive operating cash flow in the past year.
Each year in the past 5 years JOUT has been profitable.
JOUT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.55%, JOUT is in line with its industry, outperforming 58.06% of the companies in the same industry.
JOUT's Return On Equity of 3.50% is in line compared to the rest of the industry. JOUT outperforms 58.06% of its industry peers.
JOUT has a Return On Invested Capital (0.81%) which is in line with its industry peers.
JOUT had an Average Return On Invested Capital over the past 3 years of 8.69%. This is below the industry average of 11.36%.
The 3 year average ROIC (8.69%) for JOUT is well above the current ROIC(0.81%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.55% | ||
| ROE | 3.5% | ||
| ROIC | 0.81% |
ROA(3y)7.26%
ROA(5y)8.73%
ROE(3y)10.41%
ROE(5y)12.33%
ROIC(3y)8.69%
ROIC(5y)10.43%
1.3 Margins
With a Profit Margin value of 2.83%, JOUT perfoms like the industry average, outperforming 58.06% of the companies in the same industry.
JOUT's Profit Margin has declined in the last couple of years.
The Operating Margin of JOUT (1.01%) is comparable to the rest of the industry.
JOUT's Operating Margin has declined in the last couple of years.
JOUT has a better Gross Margin (37.52%) than 74.19% of its industry peers.
In the last couple of years the Gross Margin of JOUT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.01% | ||
| PM (TTM) | 2.83% | ||
| GM | 37.52% |
OM growth 3Y-47.13%
OM growth 5Y-31.32%
PM growth 3Y-31.83%
PM growth 5Y-17.02%
GM growth 3Y-6.23%
GM growth 5Y-3.72%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), JOUT is destroying value.
The number of shares outstanding for JOUT has been increased compared to 1 year ago.
Compared to 5 years ago, JOUT has more shares outstanding
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 3.79 indicates that JOUT is not in any danger for bankruptcy at the moment.
JOUT's Altman-Z score of 3.79 is fine compared to the rest of the industry. JOUT outperforms 67.74% 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 | 3.79 |
ROIC/WACC0.09
WACC9.34%
2.3 Liquidity
A Current Ratio of 4.58 indicates that JOUT has no problem at all paying its short term obligations.
JOUT has a better Current ratio (4.58) than 74.19% of its industry peers.
A Quick Ratio of 2.01 indicates that JOUT has no problem at all paying its short term obligations.
JOUT has a Quick ratio of 2.01. This is in the better half of the industry: JOUT outperforms 70.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.58 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
The earnings per share for JOUT have decreased strongly by -55.81% in the last year.
The earnings per share for JOUT have been decreasing by -14.05% on average. This is quite bad
The Revenue for JOUT has decreased by -18.75% in the past year. This is quite bad
The Revenue has been growing slightly by 4.05% on average over the past years.
EPS 1Y (TTM)-55.81%
EPS 3Y-29.66%
EPS 5Y-14.05%
EPS growth Q2Q-33.33%
Revenue 1Y (TTM)-18.75%
Revenue growth 3Y3.76%
Revenue growth 5Y4.05%
Revenue growth Q2Q-22.24%
3.2 Future
JOUT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 50.16% yearly.
Based on estimates for the next years, JOUT will show a small growth in Revenue. The Revenue will grow by 2.02% on average per year.
EPS Next Y43.87%
EPS Next 2Y50.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.79%
Revenue Next 2Y2.02%
Revenue Next 3YN/A
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 accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.58 indicates a rather expensive valuation of JOUT.
Compared to the rest of the industry, the Price/Earnings ratio of JOUT is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 25.25. JOUT is around the same levels.
JOUT is valuated reasonably with a Price/Forward Earnings ratio of 9.81.
JOUT's Price/Forward Earnings ratio is rather cheap when compared to the industry. JOUT is cheaper than 80.65% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.67, JOUT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.58 | ||
| Fwd PE | 9.81 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JOUT is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, JOUT is valued a bit more expensive than the industry average as 61.29% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 94.48 | ||
| EV/EBITDA | 12.42 |
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 50.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.56
PEG (5Y)N/A
EPS Next 2Y50.16%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.09%, JOUT has a reasonable but not impressive dividend return.
JOUT's Dividend Yield is rather good when compared to the industry average which is at 3.38. JOUT pays more dividend than 87.10% of the companies in the same industry.
JOUT's Dividend Yield is a higher than the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
5.2 History
On average, the dividend of JOUT grows each year by 23.06%, which is quite nice.
JOUT has paid a dividend for at least 10 years, which is a reliable track record.
JOUT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)23.06%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
72.37% of the earnings are spent on dividend by JOUT. This is not a sustainable payout ratio.
JOUT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP72.37%
EPS Next 2Y50.16%
EPS Next 3YN/A
JOHNSON OUTDOORS INC-A
NASDAQ:JOUT (4/25/2024, 1:50:36 PM)
42.04
-0.25 (-0.59%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap432.17M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
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 | 24.58 | ||
| Fwd PE | 9.81 | ||
| 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)0.56
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.55% | ||
| ROE | 3.5% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 1.01% | ||
| PM (TTM) | 2.83% | ||
| GM | 37.52% | ||
| 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 Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.58 | ||
| Quick Ratio | 2.01 | ||
| 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)
Growth
EPS 1Y (TTM)-55.81%
EPS 3Y-29.66%
EPS 5Y
EPS growth Q2Q
EPS Next Y43.87%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-18.75%
Revenue growth 3Y3.76%
Revenue growth 5Y
Revenue growth 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