ROCKY BRANDS INC (RCKY) Stock Fundamental Analysis
USA - NASDAQ:RCKY - US7745151008 - Common Stock
28.19 USD
0 (-0.02%)
28.19 USD
0 (0%)
Taking everything into account, RCKY scores 5 out of 10 in our fundamental rating. RCKY was compared to 48 industry peers in the Textiles, Apparel & Luxury Goods industry. Both the profitability and the financial health of RCKY get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on RCKY. Finally RCKY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
RCKY had positive earnings in the past year.
In the past year RCKY had a positive cash flow from operations.
In the past 5 years RCKY has always been profitable.
RCKY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
RCKY has a Return On Assets of 3.96%. This is comparable to the rest of the industry: RCKY outperforms 58.33% of its industry peers.
RCKY's Return On Equity of 7.79% is in line compared to the rest of the industry. RCKY outperforms 47.92% of its industry peers.
RCKY has a Return On Invested Capital of 7.89%. This is comparable to the rest of the industry: RCKY outperforms 56.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RCKY is below the industry average of 12.23%.
The last Return On Invested Capital (7.89%) for RCKY is above the 3 year average (7.55%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 7.79% | ||
| ROIC | 7.89% |
ROA(3y)2.73%
ROA(5y)4.13%
ROE(3y)6.36%
ROE(5y)8.24%
ROIC(3y)7.55%
ROIC(5y)7.91%
1.3 Margins
RCKY's Profit Margin of 4.03% is fine compared to the rest of the industry. RCKY outperforms 62.50% of its industry peers.
RCKY's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 8.30%, RCKY is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of RCKY has remained more or less at the same level.
Looking at the Gross Margin, with a value of 40.47%, RCKY is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of RCKY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.3% | ||
| PM (TTM) | 4.03% | ||
| GM | 40.47% |
OM growth 3Y3.35%
OM growth 5Y-1.11%
PM growth 3Y-14.44%
PM growth 5Y-17.26%
GM growth 3Y1.41%
GM growth 5Y1.77%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RCKY is destroying value.
RCKY has more shares outstanding than it did 1 year ago.
The number of shares outstanding for RCKY has been increased compared to 5 years ago.
Compared to 1 year ago, RCKY has an improved debt to assets ratio.
2.2 Solvency
RCKY has an Altman-Z score of 2.71. This is not the best score and indicates that RCKY is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of RCKY (2.71) is comparable to the rest of the industry.
RCKY has a debt to FCF ratio of 5.43. This is a neutral value as RCKY would need 5.43 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.43, RCKY is in line with its industry, outperforming 52.08% of the companies in the same industry.
RCKY has a Debt/Equity ratio of 0.52. This is a neutral value indicating RCKY is somewhat dependend on debt financing.
RCKY has a Debt to Equity ratio of 0.52. This is comparable to the rest of the industry: RCKY outperforms 43.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 5.43 | ||
| Altman-Z | 2.71 |
ROIC/WACC0.68
WACC11.67%
2.3 Liquidity
RCKY has a Current Ratio of 2.76. This indicates that RCKY is financially healthy and has no problem in meeting its short term obligations.
RCKY has a better Current ratio (2.76) than 83.33% of its industry peers.
A Quick Ratio of 0.79 indicates that RCKY may have some problems paying its short term obligations.
RCKY's Quick ratio of 0.79 is on the low side compared to the rest of the industry. RCKY is outperformed by 77.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.76 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.21% over the past year.
RCKY shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.36% yearly.
The Revenue has decreased by -1.75% in the past year.
The Revenue has been growing by 10.91% on average over the past years. This is quite good.
EPS 1Y (TTM)50.21%
EPS 3Y-16.61%
EPS 5Y2.36%
EPS Q2Q%33.77%
Revenue 1Y (TTM)-1.75%
Revenue growth 3Y-4.08%
Revenue growth 5Y10.91%
Sales Q2Q%6.97%
3.2 Future
The Earnings Per Share is expected to grow by 8.84% on average over the next years. This is quite good.
RCKY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.74% yearly.
EPS Next Y11.84%
EPS Next 2Y8.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.53%
Revenue Next 2Y4.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.05 indicates a reasonable valuation of RCKY.
Compared to the rest of the industry, the Price/Earnings ratio of RCKY indicates a rather cheap valuation: RCKY is cheaper than 85.42% of the companies listed in the same industry.
RCKY is valuated cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.37, which indicates a very decent valuation of RCKY.
RCKY's Price/Forward Earnings ratio is rather cheap when compared to the industry. RCKY is cheaper than 89.58% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of RCKY to the average of the S&P500 Index (22.55), we can say RCKY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 9.37 |
4.2 Price Multiples
RCKY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RCKY is cheaper than 66.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, RCKY is valued cheaply inside the industry as 85.42% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.63 | ||
| EV/EBITDA | 7.04 |
4.3 Compensation for Growth
RCKY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.68
PEG (5Y)3.41
EPS Next 2Y8.84%
EPS Next 3YN/A
5. Dividend
5.1 Amount
RCKY has a Yearly Dividend Yield of 2.20%. Purely for dividend investing, there may be better candidates out there.
RCKY's Dividend Yield is a higher than the industry average which is at 3.32.
RCKY's Dividend Yield is comparable with the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
5.2 History
The dividend of RCKY has a limited annual growth rate of 2.84%.
RCKY has been paying a dividend for at least 10 years, so it has a reliable track record.
RCKY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.84%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
RCKY pays out 24.81% of its income as dividend. This is a sustainable payout ratio.
RCKY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.81%
EPS Next 2Y8.84%
EPS Next 3YN/A
28.19
0 (-0.02%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners73.22%
Inst Owner Change-5.27%
Ins Owners3.64%
Ins Owner Change1.33%
Market Cap210.58M
Revenue(TTM)453.77M
Net Income(TTM)18.63M
Analysts82.5
Price Target40.8 (44.73%)
Short Float %1.3%
Short Ratio1.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend0.62
Dividend Growth(5Y)2.84%
DP24.81%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)78.86%
Min EPS beat(2)37.63%
Max EPS beat(2)120.09%
EPS beat(4)2
Avg EPS beat(4)32.6%
Min EPS beat(4)-23.36%
Max EPS beat(4)120.09%
EPS beat(8)5
Avg EPS beat(8)275.04%
EPS beat(12)8
Avg EPS beat(12)176.46%
EPS beat(16)10
Avg EPS beat(16)129.8%
Revenue beat(2)1
Avg Revenue beat(2)0.14%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)1%
Revenue beat(4)2
Avg Revenue beat(4)-1.62%
Min Revenue beat(4)-6.84%
Max Revenue beat(4)1%
Revenue beat(8)4
Avg Revenue beat(8)-0.44%
Revenue beat(12)6
Avg Revenue beat(12)-1.23%
Revenue beat(16)9
Avg Revenue beat(16)-0.18%
PT rev (1m)0%
PT rev (3m)100%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)11.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 9.37 | ||
| P/S | 0.46 | ||
| P/FCF | 8.63 | ||
| P/OCF | 6.84 | ||
| P/B | 0.88 | ||
| P/tB | 2.43 | ||
| EV/EBITDA | 7.04 |
EPS(TTM)3.5
EY12.42%
EPS(NY)3.01
Fwd EY10.67%
FCF(TTM)3.27
FCFY11.59%
OCF(TTM)4.12
OCFY14.63%
SpS61.89
BVpS32
TBVpS11.62
PEG (NY)0.68
PEG (5Y)3.41
Graham Number50.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 7.79% | ||
| ROCE | 10.2% | ||
| ROIC | 7.89% | ||
| ROICexc | 7.94% | ||
| ROICexgc | 13.41% | ||
| OM | 8.3% | ||
| PM (TTM) | 4.03% | ||
| GM | 40.47% | ||
| FCFM | 5.28% |
ROA(3y)2.73%
ROA(5y)4.13%
ROE(3y)6.36%
ROE(5y)8.24%
ROIC(3y)7.55%
ROIC(5y)7.91%
ROICexc(3y)7.64%
ROICexc(5y)8.36%
ROICexgc(3y)12.59%
ROICexgc(5y)12.63%
ROCE(3y)9.77%
ROCE(5y)10.22%
ROICexgc growth 3Y11.94%
ROICexgc growth 5Y-0.53%
ROICexc growth 3Y8.68%
ROICexc growth 5Y-7.05%
OM growth 3Y3.35%
OM growth 5Y-1.11%
PM growth 3Y-14.44%
PM growth 5Y-17.26%
GM growth 3Y1.41%
GM growth 5Y1.77%
F-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 5.43 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 64.4% | ||
| Cap/Sales | 1.39% | ||
| Interest Coverage | 2.5 | ||
| Cash Conversion | 63.76% | ||
| Profit Quality | 130.98% | ||
| Current Ratio | 2.76 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 2.71 |
F-Score7
WACC11.67%
ROIC/WACC0.68
Cap/Depr(3y)45.23%
Cap/Depr(5y)109.01%
Cap/Sales(3y)0.99%
Cap/Sales(5y)2.26%
Profit Quality(3y)383.71%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50.21%
EPS 3Y-16.61%
EPS 5Y2.36%
EPS Q2Q%33.77%
EPS Next Y11.84%
EPS Next 2Y8.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.75%
Revenue growth 3Y-4.08%
Revenue growth 5Y10.91%
Sales Q2Q%6.97%
Revenue Next Year5.53%
Revenue Next 2Y4.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-14.41%
EBIT growth 3Y-0.87%
EBIT growth 5Y9.67%
EBIT Next Year21.65%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-42.56%
FCF growth 3YN/A
FCF growth 5Y35.92%
OCF growth 1Y-34.94%
OCF growth 3YN/A
OCF growth 5Y23.87%
ROCKY BRANDS INC / RCKY FAQ
What is the fundamental rating for RCKY stock?
ChartMill assigns a fundamental rating of 5 / 10 to RCKY.
Can you provide the valuation status for ROCKY BRANDS INC?
ChartMill assigns a valuation rating of 8 / 10 to ROCKY BRANDS INC (RCKY). This can be considered as Undervalued.
How profitable is ROCKY BRANDS INC (RCKY) stock?
ROCKY BRANDS INC (RCKY) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for RCKY stock?
The Price/Earnings (PE) ratio for ROCKY BRANDS INC (RCKY) is 8.05 and the Price/Book (PB) ratio is 0.88.
What is the expected EPS growth for ROCKY BRANDS INC (RCKY) stock?
The Earnings per Share (EPS) of ROCKY BRANDS INC (RCKY) is expected to grow by 11.84% in the next year.