UNDER ARMOUR INC-CLASS A (UAA) Stock Fundamental Analysis
NYSE:UAA - New York Stock Exchange, Inc. - US9043111072 - Common Stock - Currency: USD
Taking everything into account, UAA scores 3 out of 10 in our fundamental rating. UAA was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. The financial health of UAA is average, but there are quite some concerns on its profitability. While showing a medium growth rate, UAA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year UAA was profitable.
UAA had a negative operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: UAA reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: UAA reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of -4.68%, UAA is doing worse than 64.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of -10.65%, UAA is doing worse than 64.00% of the companies in the same industry.
The Return On Invested Capital of UAA (5.61%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for UAA is significantly below the industry average of 11.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.68% | ||
| ROE | -10.65% | ||
| ROIC | 5.61% |
ROA(3y)2.65%
ROA(5y)0.85%
ROE(3y)6.39%
ROE(5y)0.73%
ROIC(3y)6%
ROIC(5y)N/A
1.3 Margins
UAA has a Operating Margin of 3.91%. This is comparable to the rest of the industry: UAA outperforms 42.00% of its industry peers.
UAA's Operating Margin has declined in the last couple of years.
UAA has a Gross Margin (47.92%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of UAA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.91% | ||
| PM (TTM) | N/A | ||
| GM | 47.92% |
OM growth 3Y-25.19%
OM growth 5Y-2.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.63%
GM growth 5Y0.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UAA is destroying value.
The number of shares outstanding for UAA has been reduced compared to 1 year ago.
The number of shares outstanding for UAA has been reduced compared to 5 years ago.
Compared to 1 year ago, UAA has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.70 indicates that UAA is not a great score, but indicates only limited risk for bankruptcy at the moment.
UAA has a Altman-Z score of 2.70. This is comparable to the rest of the industry: UAA outperforms 44.00% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that UAA is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.31, UAA perfoms like the industry average, outperforming 58.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.7 |
ROIC/WACC0.67
WACC8.39%
2.3 Liquidity
A Current Ratio of 2.10 indicates that UAA has no problem at all paying its short term obligations.
UAA has a Current ratio of 2.10. This is comparable to the rest of the industry: UAA outperforms 52.00% of its industry peers.
A Quick Ratio of 1.25 indicates that UAA should not have too much problems paying its short term obligations.
The Quick ratio of UAA (1.25) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.1 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The earnings per share for UAA have decreased strongly by -44.64% in the last year.
The Earnings Per Share has been growing by 13.86% on average over the past years. This is quite good.
The Revenue has decreased by -9.43% in the past year.
UAA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.39% yearly.
EPS 1Y (TTM)-44.64%
EPS 3Y13.86%
EPS 5YN/A
EPS Q2Q%-172.73%
Revenue 1Y (TTM)-9.43%
Revenue growth 3Y-3.14%
Revenue growth 5Y-0.39%
Sales Q2Q%-11.38%
3.2 Future
The Earnings Per Share is expected to grow by 29.78% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 4.10% on average over the next years.
EPS Next Y4.68%
EPS Next 2Y15.48%
EPS Next 3Y17.96%
EPS Next 5Y29.78%
Revenue Next Year-1.6%
Revenue Next 2Y0.63%
Revenue Next 3Y1.69%
Revenue Next 5Y4.1%
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 accelerating.
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 23.77, which indicates a rather expensive current valuation of UAA.
Compared to the rest of the industry, the Price/Earnings ratio of UAA is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.69, UAA is valued at the same level.
With a Price/Forward Earnings ratio of 22.71, UAA is valued on the expensive side.
Based on the Price/Forward Earnings ratio, UAA is valued a bit more expensive than the industry average as 62.00% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.36, UAA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.77 | ||
| Fwd PE | 22.71 |
4.2 Price Multiples
UAA's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.36 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
UAA's earnings are expected to grow with 17.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)5.07
PEG (5Y)N/A
EPS Next 2Y15.48%
EPS Next 3Y17.96%
5. Dividend
5.1 Amount
UAA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.37
+0.17 (+2.36%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners108.41%
Inst Owner Change0.01%
Ins Owners0.17%
Ins Owner Change0%
Market Cap3.14B
Analysts56.97
Price Target7.28 (-1.22%)
Short Float %19.63%
Short Ratio2.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)59.09%
Min EPS beat(2)-0.39%
Max EPS beat(2)118.57%
EPS beat(4)3
Avg EPS beat(4)70.05%
Min EPS beat(4)-0.39%
Max EPS beat(4)118.57%
EPS beat(8)7
Avg EPS beat(8)74.55%
EPS beat(12)10
Avg EPS beat(12)59.07%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.81%
Min Revenue beat(2)0.22%
Max Revenue beat(2)3.4%
Revenue beat(4)4
Avg Revenue beat(4)1.46%
Min Revenue beat(4)0%
Max Revenue beat(4)3.4%
Revenue beat(8)5
Avg Revenue beat(8)0.29%
Revenue beat(12)8
Avg Revenue beat(12)0.45%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.43%
PT rev (3m)-25.78%
EPS NQ rev (1m)-1.5%
EPS NQ rev (3m)1814.97%
EPS NY rev (1m)-1.87%
EPS NY rev (3m)-15.63%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-1.55%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)-1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.77 | ||
| Fwd PE | 22.71 | ||
| P/S | 0.61 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.66 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 9.36 |
EPS(TTM)0.31
EY4.21%
EPS(NY)0.32
Fwd EY4.4%
FCF(TTM)-0.54
FCFYN/A
OCF(TTM)-0.14
OCFYN/A
SpS12.12
BVpS4.44
TBVpS3.28
PEG (NY)5.07
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.68% | ||
| ROE | -10.65% | ||
| ROCE | 6.33% | ||
| ROIC | 5.61% | ||
| ROICexc | 6.65% | ||
| ROICexgc | 8.15% | ||
| OM | 3.91% | ||
| PM (TTM) | N/A | ||
| GM | 47.92% | ||
| FCFM | N/A |
ROA(3y)2.65%
ROA(5y)0.85%
ROE(3y)6.39%
ROE(5y)0.73%
ROIC(3y)6%
ROIC(5y)N/A
ROICexc(3y)7.52%
ROICexc(5y)N/A
ROICexgc(3y)9.16%
ROICexgc(5y)N/A
ROCE(3y)6.77%
ROCE(5y)N/A
ROICexcg growth 3Y-38.17%
ROICexcg growth 5Y-4.48%
ROICexc growth 3Y-35.79%
ROICexc growth 5Y-3.53%
OM growth 3Y-25.19%
OM growth 5Y-2.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.63%
GM growth 5Y0.43%
F-Score4
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 124.21% | ||
| Cap/Sales | 3.27% | ||
| Interest Coverage | 19.17 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.1 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 2.7 |
F-Score4
WACC8.39%
ROIC/WACC0.67
Cap/Depr(3y)115.44%
Cap/Depr(5y)90.34%
Cap/Sales(3y)2.86%
Cap/Sales(5y)2.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.64%
EPS 3Y13.86%
EPS 5YN/A
EPS Q2Q%-172.73%
EPS Next Y4.68%
EPS Next 2Y15.48%
EPS Next 3Y17.96%
EPS Next 5Y29.78%
Revenue 1Y (TTM)-9.43%
Revenue growth 3Y-3.14%
Revenue growth 5Y-0.39%
Sales Q2Q%-11.38%
Revenue Next Year-1.6%
Revenue Next 2Y0.63%
Revenue Next 3Y1.69%
Revenue Next 5Y4.1%
EBIT growth 1Y-12.02%
EBIT growth 3Y-27.54%
EBIT growth 5Y-3.11%
EBIT Next Year69.94%
EBIT Next 3Y30.53%
EBIT Next 5Y29.28%
FCF growth 1Y-211.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-116.76%
OCF growth 3YN/A
OCF growth 5YN/A