YETI HOLDINGS INC (YETI)
US98585X1046 - Common Stock
Overall YETI gets a fundamental rating of 6 out of 10. We evaluated YETI against 32 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 has a decent growth rate and is not valued too expensively. These ratings would make YETI suitable for quality investing!
1. Profitability
1.1 Basic Checks
YETI had positive earnings in the past year.
YETI had a positive operating cash flow in the past year.
YETI had positive earnings in each of the past 5 years.
YETI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
YETI's Return On Assets of 13.10% is amongst the best of the industry. YETI outperforms 93.55% of its industry peers.
YETI's Return On Equity of 23.49% is amongst the best of the industry. YETI outperforms 87.10% of its industry peers.
YETI has a better Return On Invested Capital (19.19%) than 87.10% 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 11.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.1% | ||
| ROE | 23.49% | ||
| ROIC | 19.19% |
ROA(3y)13.61%
ROA(5y)13.99%
ROE(3y)27.19%
ROE(5y)35.38%
ROIC(3y)21.34%
ROIC(5y)23.05%
1.3 Margins
YETI's Profit Margin of 10.25% is amongst the best of the industry. YETI outperforms 93.55% of its industry peers.
YETI's Profit Margin has improved in the last couple of years.
The Operating Margin of YETI (13.65%) is better than 96.77% of its industry peers.
In the last couple of years the Operating Margin of YETI has remained more or less at the same level.
The Gross Margin of YETI (56.86%) is better than 90.32% of its industry peers.
In the last couple of years the Gross Margin of YETI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.65% | ||
| PM (TTM) | 10.25% | ||
| GM | 56.86% |
OM growth 3Y-11.14%
OM growth 5Y0.97%
PM growth 3Y-10.47%
PM growth 5Y6.65%
GM growth 3Y-0.43%
GM growth 5Y2.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so YETI is creating value.
YETI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for YETI has been increased compared to 5 years ago.
The debt/assets ratio for YETI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.03 indicates that YETI is not in any danger for bankruptcy at the moment.
YETI has a better Altman-Z score (6.03) than 87.10% of its industry peers.
YETI has a debt to FCF ratio of 0.36. This is a very positive value and a sign of high solvency as it would only need 0.36 years to pay back of all of its debts.
YETI has a Debt to FCF ratio of 0.36. This is amongst the best in the industry. YETI outperforms 83.87% of its industry peers.
YETI has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.11, YETI is doing good in the industry, outperforming 61.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.36 | ||
| Altman-Z | 6.03 |
ROIC/WACC2.04
WACC9.4%
2.3 Liquidity
A Current Ratio of 2.30 indicates that YETI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.30, YETI is in line with its industry, outperforming 51.61% of the companies in the same industry.
A Quick Ratio of 1.45 indicates that YETI should not have too much problems paying its short term obligations.
YETI's Quick ratio of 1.45 is in line compared to the rest of the industry. YETI outperforms 54.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.3 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The earnings per share for YETI have decreased by -5.06% in the last year.
YETI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.01% yearly.
Looking at the last year, YETI shows a small growth in Revenue. The Revenue has grown by 3.99% in the last year.
YETI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.32% yearly.
EPS 1Y (TTM)-5.06%
EPS 3Y6.36%
EPS 5Y23.01%
EPS growth Q2Q15.38%
Revenue 1Y (TTM)3.99%
Revenue growth 3Y14.96%
Revenue growth 5Y16.32%
Revenue growth Q2Q16.03%
3.2 Future
YETI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.41% yearly.
Based on estimates for the next years, YETI will show a small growth in Revenue. The Revenue will grow by 7.50% on average per year.
EPS Next Y11.97%
EPS Next 2Y11.92%
EPS Next 3Y10.79%
EPS Next 5Y14.41%
Revenue Next Year6.06%
Revenue Next 2Y6.97%
Revenue Next 3Y6.62%
Revenue Next 5Y7.5%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.45, YETI is valued correctly.
Based on the Price/Earnings ratio, YETI is valued a bit cheaper than the industry average as 61.29% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 24.84, YETI is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 14.69, the valuation of YETI can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of YETI is on the same level as its industry peers.
YETI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.45 | ||
| Fwd PE | 14.69 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as YETI.
The rest of the industry has a similar Price/Free Cash Flow ratio as YETI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.41 | ||
| EV/EBITDA | 9.99 |
4.3 Compensation for Growth
YETI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of YETI may justify a higher PE ratio.
PEG (NY)1.37
PEG (5Y)0.71
EPS Next 2Y11.92%
EPS Next 3Y10.79%
5. Dividend
5.1 Amount
No dividends for YETI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
YETI HOLDINGS INC
NYSE:YETI (4/29/2024, 11:14:06 AM)
37.01
+0.86 (+2.38%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.45 | ||
| Fwd PE | 14.69 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.37
PEG (5Y)0.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.1% | ||
| ROE | 23.49% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.65% | ||
| PM (TTM) | 10.25% | ||
| GM | 56.86% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.3 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-5.06%
EPS 3Y6.36%
EPS 5Y
EPS growth Q2Q
EPS Next Y11.97%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.99%
Revenue growth 3Y14.96%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y