UNDER ARMOUR INC-CLASS C (UA)

US9043112062 - Common Stock

8.435  +0.24 (+2.87%)

Fundamental Rating

5

Taking everything into account, UA scores 5 out of 10 in our fundamental rating. UA was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. UA has an average financial health and profitability rating. UA has a correct valuation and a medium growth rate.



5

1. Profitability

1.1 Basic Checks

UA had positive earnings in the past year.
UA had a positive operating cash flow in the past year.
In multiple years UA reported negative net income over the last 5 years.
UA had a positive operating cash flow in 4 of the past 5 years.

1.2 Ratios

UA's Return On Assets of 7.99% is fine compared to the rest of the industry. UA outperforms 78.00% of its industry peers.
With a decent Return On Equity value of 18.54%, UA is doing good in the industry, outperforming 76.00% of the companies in the same industry.
UA has a Return On Invested Capital (6.04%) which is in line with its industry peers.
Industry RankSector Rank
ROA 7.99%
ROE 18.54%
ROIC 6.04%
ROA(3y)1.42%
ROA(5y)1.01%
ROE(3y)1.27%
ROE(5y)1.16%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

UA has a Profit Margin of 6.98%. This is in the better half of the industry: UA outperforms 76.00% of its industry peers.
In the last couple of years the Profit Margin of UA has grown nicely.
UA has a Operating Margin (4.74%) which is in line with its industry peers.
UA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 45.73%, UA is in line with its industry, outperforming 50.00% of the companies in the same industry.
UA's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 4.74%
PM (TTM) 6.98%
GM 45.73%
OM growth 3Y2.5%
OM growth 5Y9.73%
PM growth 3Y55.32%
PM growth 5YN/A
GM growth 3Y-1.46%
GM growth 5Y-0.11%

5

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UA is destroying value.
The number of shares outstanding for UA has been reduced compared to 1 year ago.
The number of shares outstanding for UA has been increased compared to 5 years ago.
Compared to 1 year ago, UA has a worse debt to assets ratio.

2.2 Solvency

An Altman-Z score of 2.78 indicates that UA is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of UA (2.78) is comparable to the rest of the industry.
The Debt to FCF ratio of UA is 2.87, which is a good value as it means it would take UA, 2.87 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of UA (2.87) is better than 62.00% of its industry peers.
UA has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
UA has a Debt to Equity ratio of 0.27. This is comparable to the rest of the industry: UA outperforms 58.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF 2.87
Altman-Z 2.78
ROIC/WACC0.69
WACC8.75%

2.3 Liquidity

A Current Ratio of 2.13 indicates that UA has no problem at all paying its short term obligations.
The Current ratio of UA (2.13) is worse than 60.00% of its industry peers.
A Quick Ratio of 1.38 indicates that UA should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.38, UA perfoms like the industry average, outperforming 58.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.13
Quick Ratio 1.38

5

3. Growth

3.1 Past

UA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 65.79%, which is quite impressive.
Measured over the past years, UA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.00% on average per year.
The Revenue has decreased by -0.64% in the past year.
Measured over the past years, UA shows a small growth in Revenue. The Revenue has been growing by 3.42% on average per year.
EPS 1Y (TTM)65.79%
EPS 3Y61.22%
EPS 5Y17%
EPS growth Q2Q18.75%
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y3.88%
Revenue growth 5Y3.42%
Revenue growth Q2Q-6.05%

3.2 Future

The Earnings Per Share is expected to grow by 13.33% on average over the next years. This is quite good.
UA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.08% yearly.
EPS Next Y-12.64%
EPS Next 2Y2.63%
EPS Next 3Y8.22%
EPS Next 5Y13.33%
Revenue Next Year-2.23%
Revenue Next 2Y0.81%
Revenue Next 3Y2.12%
Revenue Next 5Y4.08%

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.

4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 13.39 indicates a correct valuation of UA.
78.00% of the companies in the same industry are more expensive than UA, based on the Price/Earnings ratio.
UA is valuated rather cheaply when we compare the Price/Earnings ratio to 25.81, which is the current average of the S&P500 Index.
UA is valuated correctly with a Price/Forward Earnings ratio of 14.05.
Based on the Price/Forward Earnings ratio, UA is valued a bit cheaper than the industry average as 64.00% of the companies are valued more expensively.
UA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.49.
Industry RankSector Rank
PE 13.39
Fwd PE 14.05

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UA indicates a rather cheap valuation: UA is cheaper than 88.00% of the companies listed in the same industry.
UA's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 15.93
EV/EBITDA 7.92

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)0.79
EPS Next 2Y2.63%
EPS Next 3Y8.22%

0

5. Dividend

5.1 Amount

UA does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

UNDER ARMOUR INC-CLASS C

NYSE:UA (2/27/2024, 12:53:30 PM)

8.435

+0.24 (+2.87%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.76B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
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 RankSector Rank
PE 13.39
Fwd PE 14.05
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)N/A
PEG (5Y)0.79
Profitability
Industry RankSector Rank
ROA 7.99%
ROE 18.54%
ROCE
ROIC
ROICexc
ROICexgc
OM 4.74%
PM (TTM) 6.98%
GM 45.73%
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 Turnover1.14
Health
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 2.13
Quick Ratio 1.38
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)65.79%
EPS 3Y61.22%
EPS 5Y
EPS growth Q2Q
EPS Next Y-12.64%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y3.88%
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