YETI HOLDINGS INC (YETI) Stock Fundamental Analysis
USA - NYSE:YETI - US98585X1046 - Common Stock
35.6 USD
+0.02 (+0.06%)
35.6 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to YETI. YETI was compared to 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 may be a bit undervalued, certainly considering the very reasonable score on growth 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.
YETI has a better Return On Equity (22.07%) than 93.94% of its industry peers.
YETI has a Return On Invested Capital of 18.50%. This is amongst the best in the industry. YETI outperforms 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for YETI is significantly above the industry average of 7.26%.
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
The Profit Margin of YETI (9.73%) is better than 96.97% of its industry peers.
YETI's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 13.13%, YETI belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
YETI's Operating Margin has improved in the last couple of years.
YETI's Gross Margin of 58.37% is amongst the best of the industry. YETI outperforms 81.82% 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.
Compared to 1 year ago, YETI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.66 indicates that YETI is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.66, YETI belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
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.
YETI's Debt to Equity ratio of 0.09 is in line compared to the rest of the industry. YETI outperforms 57.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.31 | ||
| Altman-Z | 6.66 |
ROIC/WACC1.32
WACC14.02%
2.3 Liquidity
YETI has a Current Ratio of 2.52. This indicates that YETI is financially healthy and has no problem in meeting 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.
YETI has a Quick Ratio of 1.48. This is a normal value and indicates that YETI is financially healthy and should not expect problems in meeting its short term obligations.
YETI's Quick ratio of 1.48 is in line compared 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%.
The Earnings Per Share has been growing by 18.24% on average over the past years. This is quite good.
YETI shows a small growth in Revenue. In the last year, the Revenue has grown by 3.62%.
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
YETI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.51% yearly.
YETI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.63% yearly.
EPS Next Y-10.49%
EPS Next 2Y1.23%
EPS Next 3Y4.27%
EPS Next 5Y5.51%
Revenue Next Year0.91%
Revenue Next 2Y2.87%
Revenue Next 3Y3.74%
Revenue Next 5Y3.63%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 13.28, YETI is valued correctly.
YETI's Price/Earnings ratio is rather cheap when compared to the industry. YETI is cheaper than 96.97% of the companies in the same industry.
YETI is valuated cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 12.63, the valuation of YETI can be described as correct.
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 (22.92), we can say YETI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.28 | ||
| Fwd PE | 12.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, YETI is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, YETI is valued cheaper than 84.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.57 | ||
| EV/EBITDA | 9.29 |
4.3 Compensation for Growth
The excellent profitability rating of YETI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.73
EPS Next 2Y1.23%
EPS Next 3Y4.27%
5. Dividend
5.1 Amount
YETI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.6
+0.02 (+0.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners108.68%
Inst Owner Change-0.21%
Ins Owners0.58%
Ins Owner Change4.8%
Market Cap2.89B
Revenue(TTM)1.82B
Net Income(TTM)177.20M
Analysts74.78
Price Target37.26 (4.66%)
Short Float %10.32%
Short Ratio5.48
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)7.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.53%
EPS NY rev (1m)0%
EPS NY rev (3m)19.32%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-2.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.28 | ||
| Fwd PE | 12.63 | ||
| P/S | 1.59 | ||
| P/FCF | 11.57 | ||
| P/OCF | 9.97 | ||
| P/B | 3.6 | ||
| P/tB | 5.22 | ||
| EV/EBITDA | 9.29 |
EPS(TTM)2.68
EY7.53%
EPS(NY)2.82
Fwd EY7.92%
FCF(TTM)3.08
FCFY8.64%
OCF(TTM)3.57
OCFY10.03%
SpS22.43
BVpS9.88
TBVpS6.82
PEG (NY)N/A
PEG (5Y)0.73
Graham Number24.41
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%
ROICexgc growth 3Y-11.25%
ROICexgc 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 | 6.66 |
F-Score7
WACC14.02%
ROIC/WACC1.32
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 5Y5.51%
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 3Y3.74%
Revenue Next 5Y3.63%
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%
YETI HOLDINGS INC / YETI FAQ
What is the fundamental rating for YETI stock?
ChartMill assigns a fundamental rating of 7 / 10 to YETI.
Can you provide the valuation status for YETI HOLDINGS INC?
ChartMill assigns a valuation rating of 7 / 10 to YETI HOLDINGS INC (YETI). This can be considered as Undervalued.
What is the profitability of YETI stock?
YETI HOLDINGS INC (YETI) has a profitability rating of 10 / 10.
What is the valuation of YETI HOLDINGS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for YETI HOLDINGS INC (YETI) is 13.28 and the Price/Book (PB) ratio is 3.6.
What is the earnings growth outlook for YETI HOLDINGS INC?
The Earnings per Share (EPS) of YETI HOLDINGS INC (YETI) is expected to decline by -10.49% in the next year.