ABERCROMBIE & FITCH CO-CL A (ANF) Stock Fundamental Analysis
NYSE:ANF - New York Stock Exchange, Inc. - US0028962076 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to ANF. ANF was compared to 121 industry peers in the Specialty Retail industry. ANF gets an excellent profitability rating and is at the same time showing great financial health properties. ANF scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make ANF a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
In the past year ANF was profitable.
In the past year ANF had a positive cash flow from operations.
Of the past 5 years ANF 4 years were profitable.
Of the past 5 years ANF 4 years had a positive operating cash flow.
1.2 Ratios
ANF's Return On Assets of 17.16% is amongst the best of the industry. ANF outperforms 95.04% of its industry peers.
ANF has a Return On Equity of 42.39%. This is amongst the best in the industry. ANF outperforms 91.74% of its industry peers.
Looking at the Return On Invested Capital, with a value of 24.92%, ANF belongs to the top of the industry, outperforming 91.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ANF is above the industry average of 13.07%.
The 3 year average ROIC (15.61%) for ANF is below the current ROIC(24.92%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.16% | ||
| ROE | 42.39% | ||
| ROIC | 24.92% |
ROA(3y)9.43%
ROA(5y)6.76%
ROE(3y)24.83%
ROE(5y)18.83%
ROIC(3y)15.61%
ROIC(5y)12.26%
1.3 Margins
Looking at the Profit Margin, with a value of 11.44%, ANF belongs to the top of the industry, outperforming 92.56% of the companies in the same industry.
In the last couple of years the Profit Margin of ANF has grown nicely.
The Operating Margin of ANF (15.20%) is better than 92.56% of its industry peers.
ANF's Operating Margin has improved in the last couple of years.
The Gross Margin of ANF (64.15%) is better than 92.56% of its industry peers.
In the last couple of years the Gross Margin of ANF has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.2% | ||
| PM (TTM) | 11.44% | ||
| GM | 64.15% |
OM growth 3Y16.83%
OM growth 5Y32.13%
PM growth 3Y17.33%
PM growth 5Y60.11%
GM growth 3Y1%
GM growth 5Y1.56%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ANF is creating value.
Compared to 1 year ago, ANF has less shares outstanding
ANF has less shares outstanding than it did 5 years ago.
There is no outstanding debt for ANF. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 5.07 indicates that ANF is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.07, ANF belongs to the top of the industry, outperforming 87.60% of the companies in the same industry.
ANF has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.07 |
ROIC/WACC2.63
WACC9.49%
2.3 Liquidity
A Current Ratio of 1.48 indicates that ANF should not have too much problems paying its short term obligations.
The Current ratio of ANF (1.48) is better than 60.33% of its industry peers.
ANF has a Quick Ratio of 1.48. This is a bad value and indicates that ANF is not financially healthy enough and could expect problems in meeting its short term obligations.
ANF has a better Quick ratio (0.97) than 76.86% of its industry peers.
ANF does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
ANF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.37%, which is quite impressive.
The Earnings Per Share has been growing by 69.30% on average over the past years. This is a very strong growth
Looking at the last year, ANF shows a quite strong growth in Revenue. The Revenue has grown by 12.54% in the last year.
Measured over the past years, ANF shows a small growth in Revenue. The Revenue has been growing by 6.43% on average per year.
EPS 1Y (TTM)26.37%
EPS 3Y34.82%
EPS 5Y69.3%
EPS Q2Q%-25.7%
Revenue 1Y (TTM)12.54%
Revenue growth 3Y10.05%
Revenue growth 5Y6.43%
Sales Q2Q%7.5%
3.2 Future
The Earnings Per Share is expected to grow by 0.65% on average over the next years.
The Revenue is expected to grow by 3.49% on average over the next years.
EPS Next Y-4.09%
EPS Next 2Y0.42%
EPS Next 3Y0.65%
EPS Next 5YN/A
Revenue Next Year5.2%
Revenue Next 2Y4.13%
Revenue Next 3Y3.49%
Revenue Next 5YN/A
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.
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 8.56, the valuation of ANF can be described as very reasonable.
Based on the Price/Earnings ratio, ANF is valued cheaply inside the industry as 91.74% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.30. ANF is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.05 indicates a reasonable valuation of ANF.
Based on the Price/Forward Earnings ratio, ANF is valued cheaply inside the industry as 89.26% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, ANF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.56 | ||
| Fwd PE | 8.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ANF is valued cheaply inside the industry as 92.56% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ANF indicates a rather cheap valuation: ANF is cheaper than 90.08% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.86 | ||
| EV/EBITDA | 3.46 |
4.3 Compensation for Growth
ANF has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.12
EPS Next 2Y0.42%
EPS Next 3Y0.65%
5. Dividend
5.1 Amount
ANF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
86.99
-1.79 (-2.02%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners109.18%
Inst Owner Change0.32%
Ins Owners2.22%
Ins Owner Change5.73%
Market Cap4.14B
Analysts77.5
Price Target112.11 (28.88%)
Short Float %12.81%
Short Ratio2.28
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)1
Avg EPS beat(2)1.85%
Min EPS beat(2)-0.07%
Max EPS beat(2)3.76%
EPS beat(4)3
Avg EPS beat(4)9.31%
Min EPS beat(4)-0.07%
Max EPS beat(4)22.1%
EPS beat(8)7
Avg EPS beat(8)182.39%
EPS beat(12)8
Avg EPS beat(12)0.92%
EPS beat(16)11
Avg EPS beat(16)26.55%
Revenue beat(2)2
Avg Revenue beat(2)0.56%
Min Revenue beat(2)0.12%
Max Revenue beat(2)1%
Revenue beat(4)4
Avg Revenue beat(4)2%
Min Revenue beat(4)0.12%
Max Revenue beat(4)4.92%
Revenue beat(8)8
Avg Revenue beat(8)3.36%
Revenue beat(12)11
Avg Revenue beat(12)2.3%
Revenue beat(16)12
Avg Revenue beat(16)2.17%
PT rev (1m)0%
PT rev (3m)-21.1%
EPS NQ rev (1m)-0.48%
EPS NQ rev (3m)-2.04%
EPS NY rev (1m)-4.18%
EPS NY rev (3m)-9.12%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)-0.37%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.56 | ||
| Fwd PE | 8.05 | ||
| P/S | 0.84 | ||
| P/FCF | 7.86 | ||
| P/OCF | 5.83 | ||
| P/B | 3.1 | ||
| P/tB | 3.1 | ||
| EV/EBITDA | 3.46 |
EPS(TTM)10.16
EY11.68%
EPS(NY)10.8
Fwd EY12.42%
FCF(TTM)11.07
FCFY12.73%
OCF(TTM)14.91
OCFY17.14%
SpS103.87
BVpS28.04
TBVpS28.04
PEG (NY)N/A
PEG (5Y)0.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.16% | ||
| ROE | 42.39% | ||
| ROCE | 34.63% | ||
| ROIC | 24.92% | ||
| ROICexc | 42.17% | ||
| ROICexgc | 42.17% | ||
| OM | 15.2% | ||
| PM (TTM) | 11.44% | ||
| GM | 64.15% | ||
| FCFM | 10.66% |
ROA(3y)9.43%
ROA(5y)6.76%
ROE(3y)24.83%
ROE(5y)18.83%
ROIC(3y)15.61%
ROIC(5y)12.26%
ROICexc(3y)26.72%
ROICexc(5y)21.13%
ROICexgc(3y)26.72%
ROICexgc(5y)21.13%
ROCE(3y)21.69%
ROCE(5y)17.04%
ROICexcg growth 3Y22.16%
ROICexcg growth 5Y54.62%
ROICexc growth 3Y22.16%
ROICexc growth 5Y54.62%
OM growth 3Y16.83%
OM growth 5Y32.13%
PM growth 3Y17.33%
PM growth 5Y60.11%
GM growth 3Y1%
GM growth 5Y1.56%
F-Score8
Asset Turnover1.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 118.94% | ||
| Cap/Sales | 3.7% | ||
| Interest Coverage | 78.98 | ||
| Cash Conversion | 78.39% | ||
| Profit Quality | 93.16% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 5.07 |
F-Score8
WACC9.49%
ROIC/WACC2.63
Cap/Depr(3y)118.43%
Cap/Depr(5y)96.78%
Cap/Sales(3y)3.94%
Cap/Sales(5y)3.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.37%
EPS 3Y34.82%
EPS 5Y69.3%
EPS Q2Q%-25.7%
EPS Next Y-4.09%
EPS Next 2Y0.42%
EPS Next 3Y0.65%
EPS Next 5YN/A
Revenue 1Y (TTM)12.54%
Revenue growth 3Y10.05%
Revenue growth 5Y6.43%
Sales Q2Q%7.5%
Revenue Next Year5.2%
Revenue Next 2Y4.13%
Revenue Next 3Y3.49%
Revenue Next 5YN/A
EBIT growth 1Y52.67%
EBIT growth 3Y28.57%
EBIT growth 5Y40.63%
EBIT Next Year19.07%
EBIT Next 3Y2.88%
EBIT Next 5YN/A
FCF growth 1Y6.43%
FCF growth 3Y42.89%
FCF growth 5Y40.05%
OCF growth 1Y8.72%
OCF growth 3Y36.75%
OCF growth 5Y18.76%