YETI HOLDINGS INC (YETI) Stock Fundamental Analysis
NYSE:YETI - US98585X1046 - Common Stock
35.71 USD
+1.78 (+5.25%)
35.71 USD
0 (0%)
Taking everything into account, YETI scores 7 out of 10 in our fundamental rating. YETI was compared to 31 industry peers in the Leisure Products industry. YETI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. YETI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes YETI very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year YETI was profitable.
YETI had a positive operating cash flow in the past year.
Each year in the past 5 years YETI has been profitable.
In the past 5 years YETI always reported a positive cash flow from operatings.
1.2 Ratios
YETI's Return On Assets of 13.60% is amongst the best of the industry. YETI outperforms 100.00% of its industry peers.
With an excellent Return On Equity value of 22.07%, YETI belongs to the best of the industry, outperforming 93.55% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 18.50%, YETI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for YETI is significantly above the industry average of 7.51%.
The 3 year average ROIC (18.12%) for YETI is below the current ROIC(18.50%), indicating increased profibility in the last year.
| 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
YETI has a better Profit Margin (9.73%) than 96.77% of its industry peers.
YETI's Profit Margin has improved in the last couple of years.
YETI has a better Operating Margin (13.13%) than 93.55% of its industry peers.
YETI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 58.37%, YETI belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
In the last couple of years the Gross Margin of YETI has grown nicely.
| 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
YETI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for YETI has been reduced compared to 1 year ago.
YETI has less shares outstanding than it did 5 years ago.
YETI has a better debt/assets ratio than last year.
2.2 Solvency
YETI has an Altman-Z score of 6.67. This indicates that YETI is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of YETI (6.67) is better than 83.87% of its industry peers.
The Debt to FCF ratio of YETI is 0.31, which is an excellent value as it means it would take YETI, only 0.31 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.31, YETI belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
YETI has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
YETI's Debt to Equity ratio of 0.09 is in line compared to the rest of the industry. YETI outperforms 51.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.31 | ||
| Altman-Z | 6.67 |
ROIC/WACC2.1
WACC8.8%
2.3 Liquidity
A Current Ratio of 2.52 indicates that YETI has no problem at all paying its short term obligations.
YETI's Current ratio of 2.52 is fine compared to the rest of the industry. YETI outperforms 61.29% 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 58.06% 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
The Earnings Per Share is expected to grow by 5.72% on average over the next years.
YETI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.67% yearly.
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
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
A Price/Earnings ratio of 13.32 indicates a correct valuation of YETI.
Based on the Price/Earnings ratio, YETI is valued cheaper than 93.55% of the companies in the same industry.
YETI is valuated cheaply when we compare the Price/Earnings ratio to 27.24, which is the current average of the S&P500 Index.
YETI is valuated correctly with a Price/Forward Earnings ratio of 12.67.
Based on the Price/Forward Earnings ratio, YETI is valued cheaper than 93.55% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of YETI to the average of the S&P500 Index (35.82), we can say YETI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.32 | ||
| Fwd PE | 12.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, YETI is valued cheaply inside the industry as 80.65% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, YETI is valued cheaper than 80.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.61 | ||
| EV/EBITDA | 9.33 |
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
No dividends for YETI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.71
+1.78 (+5.25%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners112.01%
Inst Owner Change-7.08%
Ins Owners0.58%
Ins Owner Change5.32%
Market Cap2.90B
Analysts74.78
Price Target37.26 (4.34%)
Short Float %9.77%
Short Ratio3.45
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)7.03%
PT rev (3m)-2.9%
EPS NQ rev (1m)9.28%
EPS NQ rev (3m)-25.78%
EPS NY rev (1m)19.32%
EPS NY rev (3m)20.58%
Revenue NQ rev (1m)-2.36%
Revenue NQ rev (3m)-6.41%
Revenue NY rev (1m)-1.61%
Revenue NY rev (3m)-1.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.32 | ||
| Fwd PE | 12.67 | ||
| P/S | 1.59 | ||
| P/FCF | 11.61 | ||
| P/OCF | 10 | ||
| P/B | 3.61 | ||
| P/tB | 5.23 | ||
| EV/EBITDA | 9.33 |
EPS(TTM)2.68
EY7.5%
EPS(NY)2.82
Fwd EY7.89%
FCF(TTM)3.08
FCFY8.61%
OCF(TTM)3.57
OCFY10%
SpS22.43
BVpS9.88
TBVpS6.82
PEG (NY)N/A
PEG (5Y)0.73
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 | 6.67 |
F-Score7
WACC8.8%
ROIC/WACC2.1
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 Year-4.97%
EBIT Next 3Y7.73%
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%