OXFORD INDUSTRIES INC (OXM) Stock Fundamental Analysis
NYSE:OXM - New York Stock Exchange, Inc. - US6914973093 - Common Stock - Currency: USD
Taking everything into account, OXM scores 5 out of 10 in our fundamental rating. OXM was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. OXM has an excellent profitability rating, but there are some minor concerns on its financial health. OXM is valued correctly, but it does not seem to be growing. Finally OXM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year OXM was profitable.
In the past year OXM had a positive cash flow from operations.
OXM had positive earnings in 4 of the past 5 years.
In the past 5 years OXM always reported a positive cash flow from operatings.
1.2 Ratios
OXM has a better Return On Assets (6.03%) than 66.00% of its industry peers.
OXM has a better Return On Equity (13.64%) than 66.00% of its industry peers.
OXM has a Return On Invested Capital (7.52%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for OXM is above the industry average of 11.04%.
The 3 year average ROIC (15.61%) for OXM is well above the current ROIC(7.52%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.03% | ||
| ROE | 13.64% | ||
| ROIC | 7.52% |
ROA(3y)8.89%
ROA(5y)5.87%
ROE(3y)18.52%
ROE(5y)11.57%
ROIC(3y)15.61%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 5.35%, OXM is doing good in the industry, outperforming 62.00% of the companies in the same industry.
OXM's Profit Margin has been stable in the last couple of years.
OXM has a Operating Margin (6.80%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of OXM has declined.
The Gross Margin of OXM (64.00%) is better than 86.00% of its industry peers.
OXM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.8% | ||
| PM (TTM) | 5.35% | ||
| GM | 64% |
OM growth 3Y-18.64%
OM growth 5Y-1.8%
PM growth 3Y-18.91%
PM growth 5Y0.1%
GM growth 3Y-0.13%
GM growth 5Y1.79%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OXM is still creating some value.
Compared to 1 year ago, OXM has about the same amount of shares outstanding.
OXM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for OXM has been reduced compared to a year ago.
2.2 Solvency
OXM has an Altman-Z score of 2.30. This is not the best score and indicates that OXM is in the grey zone with still only limited risk for bankruptcy at the moment.
OXM's Altman-Z score of 2.30 is on the low side compared to the rest of the industry. OXM is outperformed by 70.00% of its industry peers.
OXM has a debt to FCF ratio of 10.30. This is a negative value and a sign of low solvency as OXM would need 10.30 years to pay back of all of its debts.
OXM has a Debt to FCF ratio (10.30) which is comparable to the rest of the industry.
OXM has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
OXM has a Debt to Equity ratio of 0.20. This is in the better half of the industry: OXM outperforms 66.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 10.3 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.87
WACC8.69%
2.3 Liquidity
A Current Ratio of 1.32 indicates that OXM should not have too much problems paying its short term obligations.
The Current ratio of OXM (1.32) is worse than 82.00% of its industry peers.
A Quick Ratio of 0.64 indicates that OXM may have some problems paying its short term obligations.
OXM has a Quick ratio of 0.64. This is amonst the worse of the industry: OXM underperforms 84.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The earnings per share for OXM have decreased strongly by -35.14% in the last year.
Measured over the past years, OXM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.09% on average per year.
Looking at the last year, OXM shows a decrease in Revenue. The Revenue has decreased by -2.47% in the last year.
The Revenue has been growing slightly by 6.20% on average over the past years.
EPS 1Y (TTM)-35.14%
EPS 3Y-5.79%
EPS 5Y9.09%
EPS Q2Q%-31.58%
Revenue 1Y (TTM)-2.47%
Revenue growth 3Y9.92%
Revenue growth 5Y6.2%
Sales Q2Q%-1.34%
3.2 Future
OXM is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -10.02% yearly.
The Revenue is expected to grow by 1.32% on average over the next years.
EPS Next Y-57.04%
EPS Next 2Y-21.61%
EPS Next 3Y-10.02%
EPS Next 5YN/A
Revenue Next Year-0.07%
Revenue Next 2Y0.91%
Revenue Next 3Y1.32%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.32, which indicates a rather cheap valuation of OXM.
Based on the Price/Earnings ratio, OXM is valued cheaper than 92.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.82. OXM is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.99, the valuation of OXM can be described as reasonable.
Based on the Price/Forward Earnings ratio, OXM is valued cheaper than 84.00% of the companies in the same industry.
OXM is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.32 | ||
| Fwd PE | 8.99 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OXM is valued cheaper than 94.00% of the companies in the same industry.
OXM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.31 | ||
| EV/EBITDA | 3.88 |
4.3 Compensation for Growth
OXM has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as OXM's earnings are expected to decrease with -10.02% in the coming years.
PEG (NY)N/A
PEG (5Y)0.7
EPS Next 2Y-21.61%
EPS Next 3Y-10.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.23%, OXM is a good candidate for dividend investing.
In the last 3 months the price of OXM has falen by -26.03%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
OXM's Dividend Yield is rather good when compared to the industry average which is at 3.93. OXM pays more dividend than 94.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, OXM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.23% |
5.2 History
On average, the dividend of OXM grows each year by 12.76%, which is quite nice.
OXM has been paying a dividend for at least 10 years, so it has a reliable track record.
OXM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)12.76%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
52.75% of the earnings are spent on dividend by OXM. This is a bit on the high side, but may be sustainable.
The Dividend Rate of OXM has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP52.75%
EPS Next 2Y-21.61%
EPS Next 3Y-10.02%
36.97
-1.21 (-3.17%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners114.82%
Inst Owner Change1.02%
Ins Owners6.05%
Ins Owner Change8.3%
Market Cap552.33M
Analysts47.69
Price Target48.71 (31.76%)
Short Float %15.5%
Short Ratio4.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.23% |
Yearly Dividend2.7
Dividend Growth(5Y)12.76%
DP52.75%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.12%
Min EPS beat(2)-0.77%
Max EPS beat(2)7.01%
EPS beat(4)1
Avg EPS beat(4)-54.65%
Min EPS beat(4)-216.11%
Max EPS beat(4)7.01%
EPS beat(8)3
Avg EPS beat(8)-27.28%
EPS beat(12)6
Avg EPS beat(12)-15.96%
EPS beat(16)10
Avg EPS beat(16)12.33%
Revenue beat(2)2
Avg Revenue beat(2)0.9%
Min Revenue beat(2)0.7%
Max Revenue beat(2)1.09%
Revenue beat(4)2
Avg Revenue beat(4)-1.77%
Min Revenue beat(4)-5.12%
Max Revenue beat(4)1.09%
Revenue beat(8)2
Avg Revenue beat(8)-1.73%
Revenue beat(12)3
Avg Revenue beat(12)-1.13%
Revenue beat(16)7
Avg Revenue beat(16)0.41%
PT rev (1m)0%
PT rev (3m)-6.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-47.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-33.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.32 | ||
| Fwd PE | 8.99 | ||
| P/S | 0.37 | ||
| P/FCF | 48.31 | ||
| P/OCF | 3.52 | ||
| P/B | 0.93 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | 3.88 |
EPS(TTM)5.85
EY15.82%
EPS(NY)4.11
Fwd EY11.12%
FCF(TTM)0.77
FCFY2.07%
OCF(TTM)10.51
OCFY28.44%
SpS101.16
BVpS39.65
TBVpS20.7
PEG (NY)N/A
PEG (5Y)0.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.03% | ||
| ROE | 13.64% | ||
| ROCE | 9.35% | ||
| ROIC | 7.52% | ||
| ROICexc | 7.57% | ||
| ROICexgc | 10.23% | ||
| OM | 6.8% | ||
| PM (TTM) | 5.35% | ||
| GM | 64% | ||
| FCFM | 0.76% |
ROA(3y)8.89%
ROA(5y)5.87%
ROE(3y)18.52%
ROE(5y)11.57%
ROIC(3y)15.61%
ROIC(5y)N/A
ROICexc(3y)15.75%
ROICexc(5y)N/A
ROICexgc(3y)25.33%
ROICexgc(5y)N/A
ROCE(3y)19.42%
ROCE(5y)N/A
ROICexcg growth 3Y-31.03%
ROICexcg growth 5Y-1.49%
ROICexc growth 3Y-28.76%
ROICexc growth 5Y-0.82%
OM growth 3Y-18.64%
OM growth 5Y-1.8%
PM growth 3Y-18.91%
PM growth 5Y0.1%
GM growth 3Y-0.13%
GM growth 5Y1.79%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 10.3 | ||
| Debt/EBITDA | 0.69 | ||
| Cap/Depr | 214.58% | ||
| Cap/Sales | 9.64% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.04% | ||
| Profit Quality | 14.15% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 2.3 |
F-Score6
WACC8.69%
ROIC/WACC0.87
Cap/Depr(3y)137.15%
Cap/Depr(5y)112.68%
Cap/Sales(3y)5.62%
Cap/Sales(5y)4.7%
Profit Quality(3y)130.77%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.14%
EPS 3Y-5.79%
EPS 5Y9.09%
EPS Q2Q%-31.58%
EPS Next Y-57.04%
EPS Next 2Y-21.61%
EPS Next 3Y-10.02%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.47%
Revenue growth 3Y9.92%
Revenue growth 5Y6.2%
Sales Q2Q%-1.34%
Revenue Next Year-0.07%
Revenue Next 2Y0.91%
Revenue Next 3Y1.32%
Revenue Next 5YN/A
EBIT growth 1Y-38.86%
EBIT growth 3Y-10.58%
EBIT growth 5Y4.29%
EBIT Next Year15.19%
EBIT Next 3Y9.22%
EBIT Next 5YN/A
FCF growth 1Y-88.75%
FCF growth 3Y-28.86%
FCF growth 5Y-6.68%
OCF growth 1Y0.9%
OCF growth 3Y-0.67%
OCF growth 5Y9.74%