BIRKENSTOCK HOLDING PLC (BIRK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BIRK - JE00BS44BN30 - Common Stock
42.45 USD
-0.24 (-0.56%)
42.39 USD
-0.06 (-0.14%)
We assign a fundamental rating of 6 out of 10 to BIRK. BIRK was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. BIRK has an excellent profitability rating, but there are some minor concerns on its financial health. BIRK is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes BIRK very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year BIRK was profitable.
In the past year BIRK had a positive cash flow from operations.
BIRK had positive earnings in each of the past 5 years.
In the past 5 years BIRK always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.05%, BIRK is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 12.79%, BIRK is in the better half of the industry, outperforming 71.11% of the companies in the same industry.
BIRK's Return On Invested Capital of 8.59% is fine compared to the rest of the industry. BIRK outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.05% | ||
| ROE | 12.79% | ||
| ROIC | 8.59% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 16.61%, BIRK belongs to the best of the industry, outperforming 97.78% of the companies in the same industry.
BIRK's Profit Margin has improved in the last couple of years.
BIRK's Operating Margin of 26.38% is amongst the best of the industry. BIRK outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of BIRK has grown nicely.
BIRK has a better Gross Margin (59.18%) than 77.78% of its industry peers.
BIRK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.38% | ||
| PM (TTM) | 16.61% | ||
| GM | 59.18% |
OM growth 3Y1.25%
OM growth 5Y5.76%
PM growth 3Y3.33%
PM growth 5Y3.6%
GM growth 3Y-0.64%
GM growth 5Y1.51%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BIRK is destroying value.
There is no outstanding debt for BIRK. 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 3.03 indicates that BIRK is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.03, BIRK is doing good in the industry, outperforming 64.44% of the companies in the same industry.
BIRK has a debt to FCF ratio of 4.37. This is a neutral value as BIRK would need 4.37 years to pay back of all of its debts.
BIRK has a Debt to FCF ratio of 4.37. This is in the better half of the industry: BIRK outperforms 62.22% of its industry peers.
BIRK has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.46, BIRK is in line with its industry, outperforming 48.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 4.37 | ||
| Altman-Z | 3.03 |
ROIC/WACC0.95
WACC9.08%
2.3 Liquidity
BIRK has a Current Ratio of 2.81. This indicates that BIRK is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.81, BIRK is doing good in the industry, outperforming 77.78% of the companies in the same industry.
A Quick Ratio of 1.26 indicates that BIRK should not have too much problems paying its short term obligations.
The Quick ratio of BIRK (1.26) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.81 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
BIRK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.31%, which is quite impressive.
BIRK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.17% yearly.
Looking at the last year, BIRK shows a quite strong growth in Revenue. The Revenue has grown by 16.22% in the last year.
The Revenue has been growing by 23.57% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)45.31%
EPS 3Y23.15%
EPS 5Y28.17%
EPS Q2Q%75.86%
Revenue 1Y (TTM)16.22%
Revenue growth 3Y19.06%
Revenue growth 5Y23.57%
Sales Q2Q%15.48%
3.2 Future
BIRK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.32% yearly.
BIRK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.84% yearly.
EPS Next Y12.07%
EPS Next 2Y15.26%
EPS Next 3Y14.97%
EPS Next 5Y13.32%
Revenue Next Year12.61%
Revenue Next 2Y13.5%
Revenue Next 3Y13.54%
Revenue Next 5Y13.84%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.38, the valuation of BIRK can be described as rather expensive.
Based on the Price/Earnings ratio, BIRK is valued a bit cheaper than the industry average as 64.44% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.59, BIRK is valued a bit cheaper.
The Price/Forward Earnings ratio is 17.28, which indicates a rather expensive current valuation of BIRK.
The rest of the industry has a similar Price/Forward Earnings ratio as BIRK.
BIRK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.38 | ||
| Fwd PE | 17.28 |
4.2 Price Multiples
BIRK's Enterprise Value to EBITDA is on the same level as the industry average.
66.67% of the companies in the same industry are more expensive than BIRK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.13 | ||
| EV/EBITDA | 11.46 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BIRK has a very decent profitability rating, which may justify a higher PE ratio.
BIRK's earnings are expected to grow with 14.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.61
PEG (5Y)0.69
EPS Next 2Y15.26%
EPS Next 3Y14.97%
5. Dividend
5.1 Amount
No dividends for BIRK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
42.45
-0.24 (-0.56%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners41.61%
Inst Owner ChangeN/A
Ins Owners1.1%
Ins Owner ChangeN/A
Market Cap7.81B
Revenue(TTM)2.10B
Net Income(TTM)348.33M
Analysts85.6
Price TargetN/A
Short Float %13.96%
Short Ratio4.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.57%
Min EPS beat(2)1.8%
Max EPS beat(2)39.33%
EPS beat(4)4
Avg EPS beat(4)13.85%
Min EPS beat(4)0.43%
Max EPS beat(4)39.33%
EPS beat(8)6
Avg EPS beat(8)8.37%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.74%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)-1.26%
Revenue beat(4)0
Avg Revenue beat(4)-1.18%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)-0.44%
Revenue beat(8)3
Avg Revenue beat(8)-0.12%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.24%
PT rev (3m)-0.56%
EPS NQ rev (1m)0.2%
EPS NQ rev (3m)2.08%
EPS NY rev (1m)0.03%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)1.39%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.38 | ||
| Fwd PE | 17.28 | ||
| P/S | 3.16 | ||
| P/FCF | 22.13 | ||
| P/OCF | 17.24 | ||
| P/B | 2.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.46 |
EPS(TTM)2.19
EY5.16%
EPS(NY)2.46
Fwd EY5.79%
FCF(TTM)1.92
FCFY4.52%
OCF(TTM)2.46
OCFY5.8%
SpS13.44
BVpS17.45
TBVpS-2.35
PEG (NY)1.61
PEG (5Y)0.69
Graham Number29.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.05% | ||
| ROE | 12.79% | ||
| ROCE | 12.33% | ||
| ROIC | 8.59% | ||
| ROICexc | 9.27% | ||
| ROICexgc | 36.03% | ||
| OM | 26.38% | ||
| PM (TTM) | 16.61% | ||
| GM | 59.18% | ||
| FCFM | 14.27% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y1.25%
OM growth 5Y5.76%
PM growth 3Y3.33%
PM growth 5Y3.6%
GM growth 3Y-0.64%
GM growth 5Y1.51%
F-Score9
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 4.37 | ||
| Debt/EBITDA | 1.87 | ||
| Cap/Depr | 74.82% | ||
| Cap/Sales | 4.05% | ||
| Interest Coverage | 9.12 | ||
| Cash Conversion | 57.63% | ||
| Profit Quality | 85.94% | ||
| Current Ratio | 2.81 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 3.03 |
F-Score9
WACC9.08%
ROIC/WACC0.95
Cap/Depr(3y)90.4%
Cap/Depr(5y)79.79%
Cap/Sales(3y)5.02%
Cap/Sales(5y)4.62%
Profit Quality(3y)204.02%
Profit Quality(5y)177.74%
High Growth Momentum
Growth
EPS 1Y (TTM)45.31%
EPS 3Y23.15%
EPS 5Y28.17%
EPS Q2Q%75.86%
EPS Next Y12.07%
EPS Next 2Y15.26%
EPS Next 3Y14.97%
EPS Next 5Y13.32%
Revenue 1Y (TTM)16.22%
Revenue growth 3Y19.06%
Revenue growth 5Y23.57%
Sales Q2Q%15.48%
Revenue Next Year12.61%
Revenue Next 2Y13.5%
Revenue Next 3Y13.54%
Revenue Next 5Y13.84%
EBIT growth 1Y25.53%
EBIT growth 3Y20.54%
EBIT growth 5Y30.69%
EBIT Next Year38.38%
EBIT Next 3Y20.53%
EBIT Next 5Y17.65%
FCF growth 1Y-15.63%
FCF growth 3Y22.83%
FCF growth 5Y11.82%
OCF growth 1Y-10.36%
OCF growth 3Y17.96%
OCF growth 5Y14.7%
BIRKENSTOCK HOLDING PLC / BIRK FAQ
What is the ChartMill fundamental rating of BIRKENSTOCK HOLDING PLC (BIRK) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BIRK.
What is the valuation status of BIRKENSTOCK HOLDING PLC (BIRK) stock?
ChartMill assigns a valuation rating of 4 / 10 to BIRKENSTOCK HOLDING PLC (BIRK). This can be considered as Fairly Valued.
What is the profitability of BIRK stock?
BIRKENSTOCK HOLDING PLC (BIRK) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for BIRK stock?
The Earnings per Share (EPS) of BIRKENSTOCK HOLDING PLC (BIRK) is expected to grow by 12.07% in the next year.