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. While JOUT has a great health rating, there are worries on its profitability. JOUT has a valuation in line with the averages, but it does not seem to be growing. Finally JOUT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
JOUT had negative earnings in the past year.
JOUT had a positive operating cash flow in the past year.
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
With a Return On Assets value of -7.31%, JOUT is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
JOUT has a worse Return On Equity (-10.34%) than 63.33% 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
JOUT has a Gross Margin (32.06%) which is in line with 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 | 32.06% |
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.
JOUT has more shares outstanding than it did 1 year ago.
JOUT has more shares outstanding than it did 5 years ago.
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.
2.2 Solvency
An Altman-Z score of 2.90 indicates that JOUT is not a great score, but indicates only limited risk for bankruptcy at the moment.
JOUT's Altman-Z score of 2.90 is in line compared to the rest of the industry. JOUT outperforms 53.33% 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 | 2.9 |
ROIC/WACCN/A
WACC9.17%
2.3 Liquidity
JOUT has a Current Ratio of 3.88. This indicates that JOUT is financially healthy and has no problem in meeting its short term obligations.
JOUT has a Current ratio of 3.88. This is in the better half of the industry: JOUT outperforms 73.33% of its industry peers.
A Quick Ratio of 2.17 indicates that JOUT has no problem at all paying its short term obligations.
JOUT has a Quick ratio of 2.17. This is in the better half of the industry: JOUT outperforms 80.00% of its industry peers.
| 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.
Looking at the last year, JOUT shows a decrease in Revenue. The Revenue has decreased by -7.28% in the last year.
The Revenue has been growing slightly by 1.06% on average over the past years.
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
Based on estimates for the next years, JOUT will show a very strong growth in Earnings Per Share. The EPS will grow by 72.65% on average per year.
The Revenue is expected to grow by 3.28% on average over the next years.
EPS Next Y37.23%
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.
With a Price/Forward Earnings ratio of 10.37, the valuation of JOUT can be described as very reasonable.
Based on the Price/Forward Earnings ratio, JOUT is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of JOUT to the average of the S&P500 Index (21.77), we can say JOUT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.37 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, JOUT is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.81 | ||
| 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 5.05%, JOUT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.51, JOUT pays a better dividend. On top of this JOUT pays more dividend than 86.67% of the companies listed in the same industry.
JOUT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.05% |
5.2 History
On average, the dividend of JOUT grows each year by 18.64%, which is quite nice.
JOUT has paid a dividend for at least 10 years, which is 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
The earnings of JOUT are negative and hence is the payout ratio. JOUT will probably not be able to sustain this dividend level.
JOUT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-29.5%
EPS Next 2Y72.65%
EPS Next 3YN/A
26.44
-0.36 (-1.34%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners83.39%
Inst Owner Change0.24%
Ins Owners6.84%
Ins Owner Change7.19%
Market Cap273.13M
Analysts85.71
Price Target51 (92.89%)
Short Float %7.48%
Short Ratio13.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.05% |
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)-77.5%
EPS NQ rev (3m)-77.5%
EPS NY rev (1m)-175.86%
EPS NY rev (3m)-175.86%
Revenue NQ rev (1m)-6.04%
Revenue NQ rev (3m)-6.04%
Revenue NY rev (1m)-3.66%
Revenue NY rev (3m)-3.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.37 | ||
| P/S | 0.49 | ||
| P/FCF | 7.81 | ||
| P/OCF | 5.04 | ||
| P/B | 0.62 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | N/A |
EPS(TTM)-4.46
EYN/A
EPS(NY)2.55
Fwd EY9.64%
FCF(TTM)3.39
FCFY12.81%
OCF(TTM)5.25
OCFY19.84%
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 | 2.9 |
F-Score5
WACC9.17%
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 Y37.23%
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%