BIRKENSTOCK HOLDING PLC (BIRK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BIRK - JE00BS44BN30 - Common Stock
45.51 USD
+0.48 (+1.07%)
46.2 USD
+0.69 (+1.52%)
BIRK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 45 industry peers in the Textiles, Apparel & Luxury Goods industry. BIRK scores excellent on profitability, but there are some minor concerns on its financial health. BIRK is growing strongly while it is still valued neutral. This is a good combination! With these ratings, BIRK could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
BIRK had positive earnings in the past year.
In the past year BIRK had a positive cash flow from operations.
Each year in the past 5 years BIRK has been profitable.
Each year in the past 5 years BIRK had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 6.25%, BIRK is doing good in the industry, outperforming 77.78% of the companies in the same industry.
With a decent Return On Equity value of 11.66%, BIRK is doing good in the industry, outperforming 71.11% of the companies in the same industry.
BIRK's Return On Invested Capital of 9.46% is fine compared to the rest of the industry. BIRK outperforms 71.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BIRK is significantly below the industry average of 11.80%.
The last Return On Invested Capital (9.46%) for BIRK is above the 3 year average (6.25%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.25% | ||
| ROE | 11.66% | ||
| ROIC | 9.46% |
ROA(3y)3.13%
ROA(5y)4.78%
ROE(3y)6.12%
ROE(5y)9.43%
ROIC(3y)6.25%
ROIC(5y)7.83%
1.3 Margins
Looking at the Profit Margin, with a value of 15.14%, BIRK belongs to the top of the industry, outperforming 95.56% of the companies in the same industry.
In the last couple of years the Profit Margin of BIRK has grown nicely.
BIRK's Operating Margin of 26.30% 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 (59.33%) than 77.78% of its industry peers.
In the last couple of years the Gross Margin of BIRK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.3% | ||
| PM (TTM) | 15.14% | ||
| GM | 59.33% |
OM growth 3Y25.84%
OM growth 5YN/A
PM growth 3Y7.68%
PM growth 5YN/A
GM growth 3Y8.96%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BIRK is still creating some value.
Compared to 1 year ago, BIRK has about the same amount of shares outstanding.
The debt/assets ratio for BIRK has been reduced compared to a year ago.
2.2 Solvency
BIRK has an Altman-Z score of 3.06. This indicates that BIRK is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.06, BIRK is in the better half of the industry, outperforming 64.44% of the companies in the same industry.
BIRK has a debt to FCF ratio of 4.56. This is a neutral value as BIRK would need 4.56 years to pay back of all of its debts.
BIRK has a Debt to FCF ratio of 4.56. This is in the better half of the industry: BIRK outperforms 62.22% of its industry peers.
BIRK has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.49, BIRK is in line with its industry, outperforming 42.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.56 | ||
| Altman-Z | 3.06 |
ROIC/WACC1.07
WACC8.81%
2.3 Liquidity
BIRK has a Current Ratio of 2.78. This indicates that BIRK is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of BIRK (2.78) is better than 77.78% of its industry peers.
A Quick Ratio of 1.29 indicates that BIRK should not have too much problems paying its short term obligations.
BIRK's Quick ratio of 1.29 is fine compared to the rest of the industry. BIRK outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.78 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
BIRK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.13%, which is quite impressive.
The Earnings Per Share has been growing by 32.40% on average over the past years. This is a very strong growth
Looking at the last year, BIRK shows a quite strong growth in Revenue. The Revenue has grown by 17.60% in the last year.
BIRK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.33% yearly.
EPS 1Y (TTM)45.13%
EPS 3Y32.4%
EPS 5YN/A
EPS Q2Q%26.53%
Revenue 1Y (TTM)17.6%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%12.44%
3.2 Future
The Earnings Per Share is expected to grow by 18.59% on average over the next years. This is quite good.
BIRK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.99% yearly.
EPS Next Y35.8%
EPS Next 2Y28.85%
EPS Next 3Y25.78%
EPS Next 5Y18.59%
Revenue Next Year17%
Revenue Next 2Y15.57%
Revenue Next 3Y15.61%
Revenue Next 5Y14.99%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 23.70, the valuation of BIRK can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as BIRK.
When comparing the Price/Earnings ratio of BIRK to the average of the S&P500 Index (26.56), we can say BIRK is valued inline with the index average.
The Price/Forward Earnings ratio is 18.26, which indicates a rather expensive current valuation of BIRK.
BIRK's Price/Forward Earnings ratio is in line with the industry average.
BIRK's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.7 | ||
| Fwd PE | 18.26 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BIRK is on the same level as its industry peers.
62.22% 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 | 24.34 | ||
| EV/EBITDA | 12.75 |
4.3 Compensation for Growth
BIRK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of BIRK may justify a higher PE ratio.
A more expensive valuation may be justified as BIRK's earnings are expected to grow with 25.78% in the coming years.
PEG (NY)0.66
PEG (5Y)N/A
EPS Next 2Y28.85%
EPS Next 3Y25.78%
5. Dividend
5.1 Amount
No dividends for BIRK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
45.51
+0.48 (+1.07%)
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 Cap8.37B
Revenue(TTM)2.03B
Net Income(TTM)306.93M
Analysts85.6
Price Target72 (58.21%)
Short Float %12.84%
Short Ratio3.51
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)1.12%
Min EPS beat(2)0.43%
Max EPS beat(2)1.8%
EPS beat(4)4
Avg EPS beat(4)6.96%
Min EPS beat(4)0.43%
Max EPS beat(4)13.85%
EPS beat(8)5
Avg EPS beat(8)1.32%
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)-1.51%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)-0.81%
Revenue beat(4)1
Avg Revenue beat(4)-0.43%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)1.74%
Revenue beat(8)4
Avg Revenue beat(8)0.38%
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 | 23.7 | ||
| Fwd PE | 18.26 | ||
| P/S | 3.52 | ||
| P/FCF | 24.34 | ||
| P/OCF | 19.11 | ||
| P/B | 2.71 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.75 |
EPS(TTM)1.92
EY4.22%
EPS(NY)2.49
Fwd EY5.48%
FCF(TTM)1.87
FCFY4.11%
OCF(TTM)2.38
OCFY5.23%
SpS12.93
BVpS16.79
TBVpS-2.98
PEG (NY)0.66
PEG (5Y)N/A
Graham Number26.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.25% | ||
| ROE | 11.66% | ||
| ROCE | 11.97% | ||
| ROIC | 9.46% | ||
| ROICexc | 10.05% | ||
| ROICexgc | 38.55% | ||
| OM | 26.3% | ||
| PM (TTM) | 15.14% | ||
| GM | 59.33% | ||
| FCFM | 14.47% |
ROA(3y)3.13%
ROA(5y)4.78%
ROE(3y)6.12%
ROE(5y)9.43%
ROIC(3y)6.25%
ROIC(5y)7.83%
ROICexc(3y)6.53%
ROICexc(5y)8.68%
ROICexgc(3y)31.56%
ROICexgc(5y)29.16%
ROCE(3y)7.91%
ROCE(5y)9.91%
ROICexgc growth 3Y16.66%
ROICexgc growth 5YN/A
ROICexc growth 3Y47%
ROICexc growth 5YN/A
OM growth 3Y25.84%
OM growth 5YN/A
PM growth 3Y7.68%
PM growth 5YN/A
GM growth 3Y8.96%
GM growth 5YN/A
F-Score6
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.56 | ||
| Debt/EBITDA | 1.99 | ||
| Cap/Depr | 72.29% | ||
| Cap/Sales | 3.95% | ||
| Interest Coverage | 7.43 | ||
| Cash Conversion | 57.97% | ||
| Profit Quality | 95.52% | ||
| Current Ratio | 2.78 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 3.06 |
F-Score6
WACC8.81%
ROIC/WACC1.07
Cap/Depr(3y)95.24%
Cap/Depr(5y)74.53%
Cap/Sales(3y)5.61%
Cap/Sales(5y)4.42%
Profit Quality(3y)204.16%
Profit Quality(5y)194.37%
High Growth Momentum
Growth
EPS 1Y (TTM)45.13%
EPS 3Y32.4%
EPS 5YN/A
EPS Q2Q%26.53%
EPS Next Y35.8%
EPS Next 2Y28.85%
EPS Next 3Y25.78%
EPS Next 5Y18.59%
Revenue 1Y (TTM)17.6%
Revenue growth 3Y23.33%
Revenue growth 5YN/A
Sales Q2Q%12.44%
Revenue Next Year17%
Revenue Next 2Y15.57%
Revenue Next 3Y15.61%
Revenue Next 5Y14.99%
EBIT growth 1Y48.54%
EBIT growth 3Y55.2%
EBIT growth 5YN/A
EBIT Next Year54.84%
EBIT Next 3Y27.29%
EBIT Next 5Y20.7%
FCF growth 1Y16.98%
FCF growth 3Y31.6%
FCF growth 5YN/A
OCF growth 1Y1.69%
OCF growth 3Y34.35%
OCF growth 5YN/A
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 5 / 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 8 / 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 35.8% in the next year.