BIRKENSTOCK HOLDING PLC (BIRK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BIRK - JE00BS44BN30 - Common Stock
42.99 USD
-0.47 (-1.08%)
42.85 USD
-0.14 (-0.33%)
Taking everything into account, BIRK scores 6 out of 10 in our fundamental rating. BIRK was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. While BIRK has a great profitability rating, there are some minor concerns on its financial health. BIRK is not priced too expensively while it is growing strongly. Keep and eye on this one! 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.
In the past 5 years BIRK has always been profitable.
Each year in the past 5 years BIRK had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 7.05%, BIRK belongs to the best of the industry, outperforming 82.22% of the companies in the same industry.
With a decent Return On Equity value of 12.79%, BIRK is doing good in 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
The Profit Margin of BIRK (16.61%) is better than 97.78% of its industry peers.
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.
In the last couple of years the Gross Margin of BIRK has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BIRK is destroying value.
BIRK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 3.09 indicates that BIRK is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.09, BIRK is doing good in the industry, outperforming 66.67% 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.
Looking at the Debt to FCF ratio, with a value of 4.37, BIRK is in the better half of the industry, outperforming 62.22% of the companies in the same industry.
BIRK has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of BIRK (0.46) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 4.37 | ||
| Altman-Z | 3.09 |
ROIC/WACC0.94
WACC9.09%
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.
BIRK has a Current ratio of 2.81. This is in the better half of the industry: BIRK outperforms 80.00% of its industry peers.
BIRK has a Quick Ratio of 1.26. This is a normal value and indicates that BIRK is financially healthy and should not expect problems in meeting its short term obligations.
BIRK's Quick ratio of 1.26 is fine compared to the rest of the industry. BIRK outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.81 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.31% over the past year.
Measured over the past years, BIRK shows a very strong growth in Earnings Per Share. The EPS has been growing by 28.17% on average per year.
BIRK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.22%.
Measured over the past years, BIRK shows a very strong growth in Revenue. The Revenue has been growing by 23.57% on average per year.
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 10.15% yearly.
Based on estimates for the next years, BIRK will show a quite strong growth in Revenue. The Revenue will grow by 11.05% on average per year.
EPS Next Y12.07%
EPS Next 2Y15.26%
EPS Next 3Y14.97%
EPS Next 5Y10.15%
Revenue Next Year12.61%
Revenue Next 2Y13.5%
Revenue Next 3Y13.54%
Revenue Next 5Y11.05%
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
A Price/Earnings ratio of 19.81 indicates a rather expensive valuation of BIRK.
64.44% of the companies in the same industry are more expensive than BIRK, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.25, BIRK is valued a bit cheaper.
With a Price/Forward Earnings ratio of 17.72, BIRK is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BIRK is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of BIRK to the average of the S&P500 Index (23.98), we can say BIRK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.81 | ||
| Fwd PE | 17.72 |
4.2 Price Multiples
BIRK's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, BIRK is valued a bit cheaper than the industry average as 64.44% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.69 | ||
| EV/EBITDA | 11.77 |
4.3 Compensation for Growth
BIRK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 14.97% in the coming years.
PEG (NY)1.64
PEG (5Y)0.7
EPS Next 2Y15.26%
EPS Next 3Y14.97%
5. Dividend
5.1 Amount
No dividends for BIRK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
42.99
-0.47 (-1.08%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners41.89%
Inst Owner ChangeN/A
Ins Owners0.94%
Ins Owner ChangeN/A
Market Cap7.91B
Revenue(TTM)2.10B
Net Income(TTM)348.33M
Analysts83.85
Price Target64.3 (49.57%)
Short Float %13.49%
Short Ratio3.38
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)-10.69%
PT rev (3m)-11.59%
EPS NQ rev (1m)-0.03%
EPS NQ rev (3m)-1.23%
EPS NY rev (1m)-1.92%
EPS NY rev (3m)-2.33%
Revenue NQ rev (1m)-0.58%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)-1.36%
Revenue NY rev (3m)-1.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.81 | ||
| Fwd PE | 17.72 | ||
| P/S | 3.24 | ||
| P/FCF | 22.69 | ||
| P/OCF | 17.67 | ||
| P/B | 2.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.77 |
EPS(TTM)2.17
EY5.05%
EPS(NY)2.43
Fwd EY5.64%
FCF(TTM)1.89
FCFY4.41%
OCF(TTM)2.43
OCFY5.66%
SpS13.28
BVpS17.24
TBVpS-2.32
PEG (NY)1.64
PEG (5Y)0.7
Graham Number29.01
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 | 3.09 |
F-Score9
WACC9.09%
ROIC/WACC0.94
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 5Y10.15%
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 5Y11.05%
EBIT growth 1Y25.53%
EBIT growth 3Y20.54%
EBIT growth 5Y30.69%
EBIT Next Year30.37%
EBIT Next 3Y19.47%
EBIT Next 5Y14.2%
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 fundamental rating for BIRK stock?
ChartMill assigns a fundamental rating of 6 / 10 to BIRK.
What is the valuation status for 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.
How financially healthy is BIRKENSTOCK HOLDING PLC?
The financial health rating of BIRKENSTOCK HOLDING PLC (BIRK) is 6 / 10.