YETI HOLDINGS INC (YETI) Stock Fundamental Analysis
USA - NYSE:YETI - US98585X1046 - Common Stock
35.06 USD
+0.04 (+0.11%)
35.06 USD
0 (0%)
Overall YETI gets a fundamental rating of 7 out of 10. We evaluated YETI against 33 industry peers in the Leisure Products industry. YETI gets an excellent profitability rating and is at the same time showing great financial health properties. YETI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, YETI could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
YETI had positive earnings in the past year.
In the past year YETI had a positive cash flow from operations.
Each year in the past 5 years YETI has been profitable.
YETI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 13.60%, YETI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 22.07%, YETI belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
The Return On Invested Capital of YETI (18.50%) is better than 96.97% of its industry peers.
YETI had an Average Return On Invested Capital over the past 3 years of 18.12%. This is significantly above the industry average of 7.78%.
The last Return On Invested Capital (18.50%) for YETI is above the 3 year average (18.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.6% | ||
| ROE | 22.07% | ||
| ROIC | 18.5% |
ROA(3y)11.7%
ROA(5y)15.12%
ROE(3y)21.42%
ROE(5y)31.87%
ROIC(3y)18.12%
ROIC(5y)24.03%
1.3 Margins
Looking at the Profit Margin, with a value of 9.73%, YETI belongs to the top of the industry, outperforming 96.97% of the companies in the same industry.
In the last couple of years the Profit Margin of YETI has grown nicely.
YETI's Operating Margin of 13.13% is amongst the best of the industry. YETI outperforms 93.94% of its industry peers.
YETI's Operating Margin has improved in the last couple of years.
YETI has a better Gross Margin (58.37%) than 84.85% of its industry peers.
YETI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.13% | ||
| PM (TTM) | 9.73% | ||
| GM | 58.37% |
OM growth 3Y-10.87%
OM growth 5Y7.01%
PM growth 3Y-13.95%
PM growth 5Y11.72%
GM growth 3Y0.15%
GM growth 5Y2.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so YETI is still creating some value.
The number of shares outstanding for YETI has been reduced compared to 1 year ago.
The number of shares outstanding for YETI has been reduced compared to 5 years ago.
YETI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.61 indicates that YETI is not in any danger for bankruptcy at the moment.
The Altman-Z score of YETI (6.61) is better than 84.85% of its industry peers.
YETI has a debt to FCF ratio of 0.31. This is a very positive value and a sign of high solvency as it would only need 0.31 years to pay back of all of its debts.
YETI has a Debt to FCF ratio of 0.31. This is amongst the best in the industry. YETI outperforms 81.82% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that YETI is not too dependend on debt financing.
The Debt to Equity ratio of YETI (0.09) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.31 | ||
| Altman-Z | 6.61 |
ROIC/WACC1.73
WACC10.68%
2.3 Liquidity
A Current Ratio of 2.52 indicates that YETI has no problem at all paying its short term obligations.
YETI has a Current ratio of 2.52. This is comparable to the rest of the industry: YETI outperforms 57.58% of its industry peers.
A Quick Ratio of 1.48 indicates that YETI should not have too much problems paying its short term obligations.
YETI has a Quick ratio of 1.48. This is comparable to the rest of the industry: YETI outperforms 54.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
YETI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.51%.
YETI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.24% yearly.
Looking at the last year, YETI shows a small growth in Revenue. The Revenue has grown by 3.62% in the last year.
Measured over the past years, YETI shows a quite strong growth in Revenue. The Revenue has been growing by 14.90% on average per year.
EPS 1Y (TTM)5.51%
EPS 3Y2.28%
EPS 5Y18.24%
EPS Q2Q%-5.71%
Revenue 1Y (TTM)3.62%
Revenue growth 3Y9.05%
Revenue growth 5Y14.9%
Sales Q2Q%-3.8%
3.2 Future
The Earnings Per Share is expected to grow by 5.72% on average over the next years.
Based on estimates for the next years, YETI will show a small growth in Revenue. The Revenue will grow by 3.67% on average per year.
EPS Next Y-10.49%
EPS Next 2Y1.23%
EPS Next 3Y4.27%
EPS Next 5Y5.72%
Revenue Next Year0.91%
Revenue Next 2Y2.87%
Revenue Next 3Y3.76%
Revenue Next 5Y3.67%
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 13.08, which indicates a correct valuation of YETI.
93.94% of the companies in the same industry are more expensive than YETI, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.86. YETI is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 12.44, which indicates a correct valuation of YETI.
Based on the Price/Forward Earnings ratio, YETI is valued cheaply inside the industry as 93.94% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of YETI to the average of the S&P500 Index (23.32), we can say YETI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.08 | ||
| Fwd PE | 12.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, YETI is valued cheaply inside the industry as 87.88% of the companies are valued more expensively.
81.82% of the companies in the same industry are more expensive than YETI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.4 | ||
| EV/EBITDA | 9.14 |
4.3 Compensation for Growth
The excellent profitability rating of YETI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.72
EPS Next 2Y1.23%
EPS Next 3Y4.27%
5. Dividend
5.1 Amount
No dividends for YETI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.06
+0.04 (+0.11%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners108.68%
Inst Owner Change-7.07%
Ins Owners0.58%
Ins Owner Change4.8%
Market Cap2.85B
Analysts74.78
Price Target37.26 (6.27%)
Short Float %10.11%
Short Ratio4.01
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)2
Avg EPS beat(2)15.54%
Min EPS beat(2)13.01%
Max EPS beat(2)18.08%
EPS beat(4)4
Avg EPS beat(4)10.33%
Min EPS beat(4)4.56%
Max EPS beat(4)18.08%
EPS beat(8)7
Avg EPS beat(8)10.48%
EPS beat(12)10
Avg EPS beat(12)9.52%
EPS beat(16)13
Avg EPS beat(16)7.12%
Revenue beat(2)0
Avg Revenue beat(2)-3.06%
Min Revenue beat(2)-5.32%
Max Revenue beat(2)-0.81%
Revenue beat(4)0
Avg Revenue beat(4)-2.38%
Min Revenue beat(4)-5.32%
Max Revenue beat(4)-0.47%
Revenue beat(8)2
Avg Revenue beat(8)-1.78%
Revenue beat(12)5
Avg Revenue beat(12)-1.66%
Revenue beat(16)5
Avg Revenue beat(16)-1.6%
PT rev (1m)0%
PT rev (3m)7.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.79%
EPS NY rev (1m)0%
EPS NY rev (3m)20.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.08 | ||
| Fwd PE | 12.44 | ||
| P/S | 1.56 | ||
| P/FCF | 11.4 | ||
| P/OCF | 9.82 | ||
| P/B | 3.55 | ||
| P/tB | 5.14 | ||
| EV/EBITDA | 9.14 |
EPS(TTM)2.68
EY7.64%
EPS(NY)2.82
Fwd EY8.04%
FCF(TTM)3.08
FCFY8.77%
OCF(TTM)3.57
OCFY10.18%
SpS22.43
BVpS9.88
TBVpS6.82
PEG (NY)N/A
PEG (5Y)0.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.6% | ||
| ROE | 22.07% | ||
| ROCE | 24.57% | ||
| ROIC | 18.5% | ||
| ROICexc | 25.59% | ||
| ROICexgc | 39.53% | ||
| OM | 13.13% | ||
| PM (TTM) | 9.73% | ||
| GM | 58.37% | ||
| FCFM | 13.71% |
ROA(3y)11.7%
ROA(5y)15.12%
ROE(3y)21.42%
ROE(5y)31.87%
ROIC(3y)18.12%
ROIC(5y)24.03%
ROICexc(3y)31.36%
ROICexc(5y)46.16%
ROICexgc(3y)52.17%
ROICexgc(5y)114.29%
ROCE(3y)24.06%
ROCE(5y)31.91%
ROICexcg growth 3Y-11.25%
ROICexcg growth 5Y17.49%
ROICexc growth 3Y-13.92%
ROICexc growth 5Y14.69%
OM growth 3Y-10.87%
OM growth 5Y7.01%
PM growth 3Y-13.95%
PM growth 5Y11.72%
GM growth 3Y0.15%
GM growth 5Y2.24%
F-Score7
Asset Turnover1.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.31 | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | 78.91% | ||
| Cap/Sales | 2.2% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 99.94% | ||
| Profit Quality | 141.01% | ||
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 6.61 |
F-Score7
WACC10.68%
ROIC/WACC1.73
Cap/Depr(3y)103.79%
Cap/Depr(5y)107.46%
Cap/Sales(3y)2.74%
Cap/Sales(5y)2.72%
Profit Quality(3y)108.26%
Profit Quality(5y)118.49%
High Growth Momentum
Growth
EPS 1Y (TTM)5.51%
EPS 3Y2.28%
EPS 5Y18.24%
EPS Q2Q%-5.71%
EPS Next Y-10.49%
EPS Next 2Y1.23%
EPS Next 3Y4.27%
EPS Next 5Y5.72%
Revenue 1Y (TTM)3.62%
Revenue growth 3Y9.05%
Revenue growth 5Y14.9%
Sales Q2Q%-3.8%
Revenue Next Year0.91%
Revenue Next 2Y2.87%
Revenue Next 3Y3.76%
Revenue Next 5Y3.67%
EBIT growth 1Y-5.88%
EBIT growth 3Y-2.81%
EBIT growth 5Y22.96%
EBIT Next Year4.89%
EBIT Next 3Y6.98%
EBIT Next 5Y3.6%
FCF growth 1Y56.85%
FCF growth 3Y34.42%
FCF growth 5Y31.99%
OCF growth 1Y41.95%
OCF growth 3Y21.29%
OCF growth 5Y24.64%