JOHNSON OUTDOORS INC-A (JOUT) Stock Fundamental Analysis
NASDAQ:JOUT - Nasdaq - US4791671088 - Common Stock - Currency: USD
JOUT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 30 industry peers in the Leisure Products industry. JOUT has a great financial health rating, but its profitability evaluates not so good. JOUT has a valuation in line with the averages, but on the other hand it scores bad on growth. JOUT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
JOUT had negative earnings in the past year.
In the past year JOUT had a positive cash flow from operations.
JOUT had positive earnings in 4 of the past 5 years.
JOUT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
JOUT has a Return On Assets (-7.31%) which is in line with its industry peers.
JOUT has a Return On Equity of -10.34%. This is comparable to the rest of the industry: JOUT outperforms 43.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.31% | ||
| ROE | -10.34% | ||
| 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
Looking at the Gross Margin, with a value of 32.06%, JOUT is in line with its industry, outperforming 56.67% of the companies in the same industry.
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 | 32.06% |
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.
The number of shares outstanding for JOUT has been increased compared to 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
JOUT has an Altman-Z score of 3.06. This indicates that JOUT is financially healthy and has little risk of bankruptcy at the moment.
JOUT's Altman-Z score of 3.06 is in line compared to the rest of the industry. JOUT outperforms 53.33% of its industry peers.
JOUT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.06 |
ROIC/WACCN/A
WACC9.07%
2.3 Liquidity
A Current Ratio of 3.88 indicates that JOUT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.88, JOUT is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
JOUT has a Quick Ratio of 2.17. This indicates that JOUT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.17, JOUT is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.88 | ||
| Quick Ratio | 2.17 |
3. Growth
3.1 Past
The earnings per share for JOUT have decreased strongly by -1048.94% in the last year.
JOUT shows a decrease in Revenue. In the last year, the revenue decreased by -7.28%.
JOUT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.06% yearly.
EPS 1Y (TTM)-1048.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%4.76%
Revenue 1Y (TTM)-7.28%
Revenue growth 3Y-7.61%
Revenue growth 5Y1.06%
Sales Q2Q%-4.27%
3.2 Future
The Earnings Per Share is expected to grow by 72.65% on average over the next years. This is a very strong growth
Based on estimates for the next years, JOUT will show a small growth in Revenue. The Revenue will grow by 3.28% on average per year.
EPS Next Y33.31%
EPS Next 2Y72.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-4.78%
Revenue Next 2Y3.28%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
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 negative for JOUT. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 12.24, which indicates a correct valuation of JOUT.
JOUT's Price/Forward Earnings ratio is rather cheap when compared to the industry. JOUT is cheaper than 93.33% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.19, JOUT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.24 |
4.2 Price Multiples
90.00% of the companies in the same industry are more expensive than JOUT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.21 | ||
| 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
With a Yearly Dividend Yield of 4.12%, JOUT is a good candidate for dividend investing.
JOUT's Dividend Yield is a higher than the industry average which is at 4.44.
JOUT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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-29.5%
EPS Next 2Y72.65%
EPS Next 3YN/A
31.205
-0.84 (-2.61%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners82.54%
Inst Owner Change0%
Ins Owners7.19%
Ins Owner Change6.03%
Market Cap322.35M
Analysts85.71
Price Target51 (63.44%)
Short Float %8.68%
Short Ratio13.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
Yearly Dividend1.31
Dividend Growth(5Y)18.64%
DP-29.5%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-34.62%
Min EPS beat(2)-56.86%
Max EPS beat(2)-12.37%
EPS beat(4)0
Avg EPS beat(4)-83.27%
Min EPS beat(4)-235.13%
Max EPS beat(4)-12.37%
EPS beat(8)2
Avg EPS beat(8)-78.45%
EPS beat(12)4
Avg EPS beat(12)-35.55%
EPS beat(16)7
Avg EPS beat(16)-27.82%
Revenue beat(2)1
Avg Revenue beat(2)-3.32%
Min Revenue beat(2)-7.42%
Max Revenue beat(2)0.78%
Revenue beat(4)1
Avg Revenue beat(4)-5.09%
Min Revenue beat(4)-9.73%
Max Revenue beat(4)0.78%
Revenue beat(8)2
Avg Revenue beat(8)-4.69%
Revenue beat(12)5
Avg Revenue beat(12)-1.27%
Revenue beat(16)6
Avg Revenue beat(16)-1.44%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-77.5%
EPS NY rev (1m)-6.25%
EPS NY rev (3m)-193.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.24 | ||
| P/S | 0.58 | ||
| P/FCF | 9.21 | ||
| P/OCF | 5.95 | ||
| P/B | 0.73 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | N/A |
EPS(TTM)-4.46
EYN/A
EPS(NY)2.55
Fwd EY8.17%
FCF(TTM)3.39
FCFY10.85%
OCF(TTM)5.25
OCFY16.81%
SpS53.66
BVpS42.7
TBVpS40.81
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.31% | ||
| ROE | -10.34% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 32.06% | ||
| FCFM | 6.31% |
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 Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 97.43% | ||
| Cap/Sales | 3.46% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.88 | ||
| Quick Ratio | 2.17 | ||
| Altman-Z | 3.06 |
F-Score5
WACC9.07%
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)-1048.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%4.76%
EPS Next Y33.31%
EPS Next 2Y72.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.28%
Revenue growth 3Y-7.61%
Revenue growth 5Y1.06%
Sales Q2Q%-4.27%
Revenue Next Year-4.78%
Revenue Next 2Y3.28%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-781.33%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y729.3%
FCF growth 3Y-19.9%
FCF growth 5Y-8.17%
OCF growth 1Y121.97%
OCF growth 3Y-11.09%
OCF growth 5Y-2.21%