VF CORP (VFC) Stock Fundamental Analysis
USA - NYSE:VFC - US9182041080 - Common Stock
14.97 USD
-0.31 (-2.03%)
14.97 USD
0 (0%)
VFC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 48 industry peers in the Textiles, Apparel & Luxury Goods industry. VFC may be in some trouble as it scores bad on both profitability and health. VFC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year VFC was profitable.
In the past year VFC had a positive cash flow from operations.
In multiple years VFC reported negative net income over the last 5 years.
VFC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of VFC (0.85%) is worse than 68.75% of its industry peers.
VFC has a Return On Equity (6.11%) which is in line with its industry peers.
VFC's Return On Invested Capital of 5.67% is in line compared to the rest of the industry. VFC outperforms 41.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VFC is significantly below the industry average of 12.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.85% | ||
| ROE | 6.11% | ||
| ROIC | 5.67% |
ROA(3y)-3.17%
ROA(5y)0.77%
ROE(3y)-22.37%
ROE(5y)-2.89%
ROIC(3y)6.12%
ROIC(5y)7.24%
1.3 Margins
VFC has a Profit Margin of 0.95%. This is in the lower half of the industry: VFC underperforms 66.67% of its industry peers.
VFC has a Operating Margin (5.56%) which is in line with its industry peers.
In the last couple of years the Operating Margin of VFC has declined.
With a decent Gross Margin value of 54.03%, VFC is doing good in the industry, outperforming 62.50% of the companies in the same industry.
In the last couple of years the Gross Margin of VFC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.56% | ||
| PM (TTM) | 0.95% | ||
| GM | 54.03% |
OM growth 3Y-29.38%
OM growth 5Y-16.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.63%
GM growth 5Y-0.71%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VFC is destroying value.
The number of shares outstanding for VFC has been increased compared to 1 year ago.
Compared to 5 years ago, VFC has about the same amount of shares outstanding.
VFC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that VFC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of VFC (1.45) is worse than 79.17% of its industry peers.
The Debt to FCF ratio of VFC is 19.32, which is on the high side as it means it would take VFC, 19.32 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 19.32, VFC perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
VFC has a Debt/Equity ratio of 2.74. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.74, VFC is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.74 | ||
| Debt/FCF | 19.32 | ||
| Altman-Z | 1.45 |
ROIC/WACC0.63
WACC8.98%
2.3 Liquidity
VFC has a Current Ratio of 1.36. This is a normal value and indicates that VFC is financially healthy and should not expect problems in meeting its short term obligations.
VFC has a worse Current ratio (1.36) than 81.25% of its industry peers.
VFC has a Quick Ratio of 1.36. This is a bad value and indicates that VFC is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.87, VFC is not doing good in the industry: 64.58% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48.08% over the past year.
VFC shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -23.44% yearly.
Looking at the last year, VFC shows a decrease in Revenue. The Revenue has decreased by -3.25% in the last year.
VFC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.95% yearly.
EPS 1Y (TTM)48.08%
EPS 3Y-38.01%
EPS 5Y-23.44%
EPS Q2Q%-13.33%
Revenue 1Y (TTM)-3.25%
Revenue growth 3Y-7.07%
Revenue growth 5Y-1.95%
Sales Q2Q%1.62%
3.2 Future
Based on estimates for the next years, VFC will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.52% on average per year.
The Revenue is expected to grow by 2.54% on average over the next years.
EPS Next Y-5.11%
EPS Next 2Y15.54%
EPS Next 3Y20.11%
EPS Next 5Y18.52%
Revenue Next Year-0.4%
Revenue Next 2Y0.34%
Revenue Next 3Y1.8%
Revenue Next 5Y2.54%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 19.44 indicates a rather expensive valuation of VFC.
Compared to the rest of the industry, the Price/Earnings ratio of VFC indicates a somewhat cheap valuation: VFC is cheaper than 62.50% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of VFC to the average of the S&P500 Index (25.89), we can say VFC is valued slightly cheaper.
A Price/Forward Earnings ratio of 14.75 indicates a correct valuation of VFC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VFC is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 34.59. VFC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.44 | ||
| Fwd PE | 14.75 |
4.2 Price Multiples
VFC's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, VFC is valued a bit cheaper than 60.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.41 | ||
| EV/EBITDA | 11.98 |
4.3 Compensation for Growth
VFC's earnings are expected to grow with 20.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.54%
EPS Next 3Y20.11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.52%, VFC has a reasonable but not impressive dividend return.
VFC's Dividend Yield is rather good when compared to the industry average which is at 3.34. VFC pays more dividend than 85.42% of the companies in the same industry.
VFC's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
5.2 History
The dividend of VFC decreases each year by -28.58%.
VFC has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-28.58%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
VFC pays out 155.43% of its income as dividend. This is not a sustainable payout ratio.
DP155.43%
EPS Next 2Y15.54%
EPS Next 3Y20.11%
14.97
-0.31 (-2.03%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners93.7%
Inst Owner Change-3.06%
Ins Owners0.92%
Ins Owner Change44.5%
Market Cap5.85B
Revenue(TTM)9.54B
Net Income(TTM)90.35M
Analysts67.14
Price Target15.04 (0.47%)
Short Float %7.68%
Short Ratio4.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
Yearly Dividend0.36
Dividend Growth(5Y)-28.58%
DP155.43%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.67%
Min EPS beat(2)19.82%
Max EPS beat(2)29.51%
EPS beat(4)4
Avg EPS beat(4)34.72%
Min EPS beat(4)8.39%
Max EPS beat(4)81.17%
EPS beat(8)6
Avg EPS beat(8)-355.23%
EPS beat(12)8
Avg EPS beat(12)-236.83%
EPS beat(16)9
Avg EPS beat(16)-179.18%
Revenue beat(2)2
Avg Revenue beat(2)1.88%
Min Revenue beat(2)1.4%
Max Revenue beat(2)2.36%
Revenue beat(4)3
Avg Revenue beat(4)0.87%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)2.36%
Revenue beat(8)5
Avg Revenue beat(8)-0.66%
Revenue beat(12)7
Avg Revenue beat(12)-0.43%
Revenue beat(16)8
Avg Revenue beat(16)-0.53%
PT rev (1m)3.71%
PT rev (3m)9.07%
EPS NQ rev (1m)-20.21%
EPS NQ rev (3m)-21.01%
EPS NY rev (1m)-5.52%
EPS NY rev (3m)-15.04%
Revenue NQ rev (1m)-1.79%
Revenue NQ rev (3m)-1.65%
Revenue NY rev (1m)-0.56%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.44 | ||
| Fwd PE | 14.75 | ||
| P/S | 0.61 | ||
| P/FCF | 24.41 | ||
| P/OCF | 15.61 | ||
| P/B | 3.96 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.98 |
EPS(TTM)0.77
EY5.14%
EPS(NY)1.01
Fwd EY6.78%
FCF(TTM)0.61
FCFY4.1%
OCF(TTM)0.96
OCFY6.41%
SpS24.43
BVpS3.78
TBVpS-1.58
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.85% | ||
| ROE | 6.11% | ||
| ROCE | 7.7% | ||
| ROIC | 5.67% | ||
| ROICexc | 6.01% | ||
| ROICexgc | 8.6% | ||
| OM | 5.56% | ||
| PM (TTM) | 0.95% | ||
| GM | 54.03% | ||
| FCFM | 2.51% |
ROA(3y)-3.17%
ROA(5y)0.77%
ROE(3y)-22.37%
ROE(5y)-2.89%
ROIC(3y)6.12%
ROIC(5y)7.24%
ROICexc(3y)6.61%
ROICexc(5y)8.04%
ROICexgc(3y)13.43%
ROICexgc(5y)18.64%
ROCE(3y)7.82%
ROCE(5y)9.32%
ROICexgc growth 3Y-36.33%
ROICexgc growth 5Y-14.02%
ROICexc growth 3Y-25.7%
ROICexc growth 5Y-14.25%
OM growth 3Y-29.38%
OM growth 5Y-16.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.63%
GM growth 5Y-0.71%
F-Score8
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.74 | ||
| Debt/FCF | 19.32 | ||
| Debt/EBITDA | 5.07 | ||
| Cap/Depr | 50.47% | ||
| Cap/Sales | 1.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 46.94% | ||
| Profit Quality | 265.2% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 1.45 |
F-Score8
WACC8.98%
ROIC/WACC0.63
Cap/Depr(3y)71.41%
Cap/Depr(5y)87.82%
Cap/Sales(3y)1.94%
Cap/Sales(5y)2.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)48.08%
EPS 3Y-38.01%
EPS 5Y-23.44%
EPS Q2Q%-13.33%
EPS Next Y-5.11%
EPS Next 2Y15.54%
EPS Next 3Y20.11%
EPS Next 5Y18.52%
Revenue 1Y (TTM)-3.25%
Revenue growth 3Y-7.07%
Revenue growth 5Y-1.95%
Sales Q2Q%1.62%
Revenue Next Year-0.4%
Revenue Next 2Y0.34%
Revenue Next 3Y1.8%
Revenue Next 5Y2.54%
EBIT growth 1Y30.66%
EBIT growth 3Y-34.37%
EBIT growth 5Y-18.29%
EBIT Next Year64.1%
EBIT Next 3Y26.62%
EBIT Next 5Y20.15%
FCF growth 1Y1120.71%
FCF growth 3Y-14.14%
FCF growth 5Y-8.9%
OCF growth 1Y56.78%
OCF growth 3Y-18.65%
OCF growth 5Y-11.86%
VF CORP / VFC FAQ
What is the fundamental rating for VFC stock?
ChartMill assigns a fundamental rating of 3 / 10 to VFC.
Can you provide the valuation status for VF CORP?
ChartMill assigns a valuation rating of 4 / 10 to VF CORP (VFC). This can be considered as Fairly Valued.
Can you provide the profitability details for VF CORP?
VF CORP (VFC) has a profitability rating of 3 / 10.
What are the PE and PB ratios of VF CORP (VFC) stock?
The Price/Earnings (PE) ratio for VF CORP (VFC) is 19.44 and the Price/Book (PB) ratio is 3.96.
Can you provide the dividend sustainability for VFC stock?
The dividend rating of VF CORP (VFC) is 3 / 10 and the dividend payout ratio is 155.43%.