YETI HOLDINGS INC (YETI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:YETI - US98585X1046 - Common Stock
38.49 USD
+2.54 (+7.07%)
38.78 USD
+0.29 (+0.75%)
Taking everything into account, YETI scores 6 out of 10 in our fundamental rating. 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year YETI was profitable.
In the past year YETI had a positive cash flow from operations.
In the past 5 years YETI has always 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 12.72% is amongst the best of the industry. YETI outperforms 100.00% of its industry peers.
With an excellent Return On Equity value of 22.82%, YETI belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
The Return On Invested Capital of YETI (17.99%) is better than 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for YETI is significantly above the industry average of 7.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.72% | ||
| ROE | 22.82% | ||
| ROIC | 17.99% |
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 8.75%, YETI belongs to the top of the industry, outperforming 96.97% of the companies in the same industry.
YETI's Profit Margin has improved in the last couple of years.
YETI has a better Operating Margin (12.23%) than 90.91% of its industry peers.
In the last couple of years the Operating Margin of YETI has grown nicely.
The Gross Margin of YETI (57.79%) is better than 78.79% of its industry peers.
In the last couple of years the Gross Margin of YETI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.23% | ||
| PM (TTM) | 8.75% | ||
| GM | 57.79% |
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 just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, YETI has less shares outstanding
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
YETI has an Altman-Z score of 6.56. This indicates that YETI is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of YETI (6.56) is better than 84.85% of its industry peers.
The Debt to FCF ratio of YETI is 0.28, which is an excellent value as it means it would take YETI, only 0.28 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.28, YETI belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
YETI has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
YETI's Debt to Equity ratio of 0.10 is in line compared to the rest of the industry. YETI outperforms 48.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.28 | ||
| Altman-Z | 6.56 |
ROIC/WACC1.64
WACC10.96%
2.3 Liquidity
YETI has a Current Ratio of 2.16. This indicates that YETI is financially healthy and has no problem in meeting its short term obligations.
YETI has a Current ratio (2.16) which is in line with its industry peers.
YETI has a Quick Ratio of 1.16. This is a normal value and indicates that YETI is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.16, YETI is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The earnings per share for YETI have decreased by -2.64% in the last year.
Measured over the past years, YETI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.24% on average per year.
YETI shows a small growth in Revenue. In the last year, the Revenue has grown by 1.56%.
The Revenue has been growing by 14.90% on average over the past years. This is quite good.
EPS 1Y (TTM)-2.64%
EPS 3Y2.28%
EPS 5Y18.24%
EPS Q2Q%-14.08%
Revenue 1Y (TTM)1.56%
Revenue growth 3Y9.05%
Revenue growth 5Y14.9%
Sales Q2Q%1.95%
3.2 Future
The Earnings Per Share is expected to grow by 5.51% on average over the next years.
The Revenue is expected to grow by 3.63% on average over the next years.
EPS Next Y-10.4%
EPS Next 2Y1.35%
EPS Next 3Y5.52%
EPS Next 5Y5.51%
Revenue Next Year0.91%
Revenue Next 2Y3%
Revenue Next 3Y4.28%
Revenue Next 5Y3.63%
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
Based on the Price/Earnings ratio of 14.92, the valuation of YETI can be described as correct.
84.85% 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 25.47. YETI is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 13.63, the valuation of YETI can be described as correct.
YETI's Price/Forward Earnings ratio is rather cheap when compared to the industry. YETI is cheaper than 84.85% of the companies in the same industry.
YETI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.92 | ||
| Fwd PE | 13.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, YETI is valued a bit cheaper than 66.67% of the companies in the same industry.
78.79% 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 | 11.79 | ||
| EV/EBITDA | 10.98 |
4.3 Compensation for Growth
YETI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.82
EPS Next 2Y1.35%
EPS Next 3Y5.52%
5. Dividend
5.1 Amount
YETI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
38.49
+2.54 (+7.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners108.68%
Inst Owner Change3.01%
Ins Owners0.58%
Ins Owner Change-0.79%
Market Cap3.13B
Revenue(TTM)1.83B
Net Income(TTM)160.31M
Analysts74.78
Price Target41.28 (7.25%)
Short Float %12.7%
Short Ratio5.8
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)10.23%
Min EPS beat(2)2.38%
Max EPS beat(2)18.08%
EPS beat(4)4
Avg EPS beat(4)9.78%
Min EPS beat(4)2.38%
Max EPS beat(4)18.08%
EPS beat(8)7
Avg EPS beat(8)9.87%
EPS beat(12)10
Avg EPS beat(12)9.24%
EPS beat(16)13
Avg EPS beat(16)6.91%
Revenue beat(2)0
Avg Revenue beat(2)-2.88%
Min Revenue beat(2)-5.32%
Max Revenue beat(2)-0.43%
Revenue beat(4)0
Avg Revenue beat(4)-2.37%
Min Revenue beat(4)-5.32%
Max Revenue beat(4)-0.43%
Revenue beat(8)2
Avg Revenue beat(8)-1.75%
Revenue beat(12)4
Avg Revenue beat(12)-1.91%
Revenue beat(16)5
Avg Revenue beat(16)-1.6%
PT rev (1m)10.77%
PT rev (3m)10.77%
EPS NQ rev (1m)1.47%
EPS NQ rev (3m)1.55%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.1%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)0.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.92 | ||
| Fwd PE | 13.63 | ||
| P/S | 1.71 | ||
| P/FCF | 11.79 | ||
| P/OCF | 10.17 | ||
| P/B | 4.45 | ||
| P/tB | 7.51 | ||
| EV/EBITDA | 10.98 |
EPS(TTM)2.58
EY6.7%
EPS(NY)2.82
Fwd EY7.34%
FCF(TTM)3.26
FCFY8.48%
OCF(TTM)3.79
OCFY9.83%
SpS22.55
BVpS8.65
TBVpS5.13
PEG (NY)N/A
PEG (5Y)0.82
Graham Number22.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.72% | ||
| ROE | 22.82% | ||
| ROCE | 23.88% | ||
| ROIC | 17.99% | ||
| ROICexc | 21.81% | ||
| ROICexgc | 34.61% | ||
| OM | 12.23% | ||
| PM (TTM) | 8.75% | ||
| GM | 57.79% | ||
| FCFM | 14.48% |
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-Score6
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.28 | ||
| Debt/EBITDA | 0.25 | ||
| Cap/Depr | 80.39% | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 111.15% | ||
| Profit Quality | 165.4% | ||
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 6.56 |
F-Score6
WACC10.96%
ROIC/WACC1.64
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)-2.64%
EPS 3Y2.28%
EPS 5Y18.24%
EPS Q2Q%-14.08%
EPS Next Y-10.4%
EPS Next 2Y1.35%
EPS Next 3Y5.52%
EPS Next 5Y5.51%
Revenue 1Y (TTM)1.56%
Revenue growth 3Y9.05%
Revenue growth 5Y14.9%
Sales Q2Q%1.95%
Revenue Next Year0.91%
Revenue Next 2Y3%
Revenue Next 3Y4.28%
Revenue Next 5Y3.63%
EBIT growth 1Y-14.49%
EBIT growth 3Y-2.81%
EBIT growth 5Y22.96%
EBIT Next Year4.89%
EBIT Next 3Y6.98%
EBIT Next 5Y3.6%
FCF growth 1Y12.59%
FCF growth 3Y34.42%
FCF growth 5Y31.99%
OCF growth 1Y6.78%
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 6 / 10 to YETI.
Can you provide the valuation status for YETI HOLDINGS INC?
ChartMill assigns a valuation rating of 6 / 10 to YETI HOLDINGS INC (YETI). This can be considered as Fairly Valued.
What is the profitability of YETI stock?
YETI HOLDINGS INC (YETI) has a profitability rating of 9 / 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 14.92 and the Price/Book (PB) ratio is 4.45.
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 -10.4% in the next year.