COLUMBIA SPORTSWEAR CO (COLM) Stock Fundamental Analysis
NASDAQ:COLM - Nasdaq - US1985161066 - Common Stock - Currency: USD
Overall COLM gets a fundamental rating of 5 out of 10. We evaluated COLM against 50 industry peers in the Textiles, Apparel & Luxury Goods industry. While COLM has a great health rating, its profitability is only average at the moment. COLM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
COLM had positive earnings in the past year.
In the past year COLM had a positive cash flow from operations.
In the past 5 years COLM has always been profitable.
Of the past 5 years COLM 4 years had a positive operating cash flow.
1.2 Ratios
COLM's Return On Assets of 7.50% is fine compared to the rest of the industry. COLM outperforms 77.55% of its industry peers.
With a decent Return On Equity value of 12.54%, COLM is doing good in the industry, outperforming 71.43% of the companies in the same industry.
COLM has a Return On Invested Capital of 9.31%. This is in the better half of the industry: COLM outperforms 65.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COLM is in line with the industry average of 11.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.5% | ||
| ROE | 12.54% | ||
| ROIC | 9.31% |
ROA(3y)8.75%
ROA(5y)8.32%
ROE(3y)13.87%
ROE(5y)13.06%
ROIC(3y)11.43%
ROIC(5y)10.68%
1.3 Margins
The Profit Margin of COLM (6.63%) is better than 73.47% of its industry peers.
In the last couple of years the Profit Margin of COLM has declined.
COLM has a Operating Margin (8.04%) which is in line with its industry peers.
COLM's Operating Margin has declined in the last couple of years.
COLM has a Gross Margin of 50.20%. This is comparable to the rest of the industry: COLM outperforms 57.14% of its industry peers.
COLM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.04% | ||
| PM (TTM) | 6.63% | ||
| GM | 50.2% |
OM growth 3Y-17.71%
OM growth 5Y-9.15%
PM growth 3Y-16.36%
PM growth 5Y-9.41%
GM growth 3Y-0.9%
GM growth 5Y0.15%
2. Health
2.1 Basic Checks
COLM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
COLM has less shares outstanding than it did 1 year ago.
The number of shares outstanding for COLM has been reduced compared to 5 years ago.
There is no outstanding debt for COLM. 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
There is no outstanding debt for COLM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC0.93
WACC10.06%
2.3 Liquidity
A Current Ratio of 2.62 indicates that COLM has no problem at all paying its short term obligations.
COLM's Current ratio of 2.62 is fine compared to the rest of the industry. COLM outperforms 69.39% of its industry peers.
A Quick Ratio of 1.72 indicates that COLM should not have too much problems paying its short term obligations.
COLM's Quick ratio of 1.72 is fine compared to the rest of the industry. COLM outperforms 79.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.62 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
The earnings per share for COLM have decreased by -6.30% in the last year.
COLM shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.52% yearly.
The Revenue has decreased by -3.40% in the past year.
COLM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.06% yearly.
EPS 1Y (TTM)-6.3%
EPS 3Y-10.29%
EPS 5Y-3.52%
EPS Q2Q%16.13%
Revenue 1Y (TTM)-3.4%
Revenue growth 3Y2.52%
Revenue growth 5Y2.06%
Sales Q2Q%3.45%
3.2 Future
The Earnings Per Share is expected to grow by 15.87% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.05% on average over the next years.
EPS Next Y5.6%
EPS Next 2Y7.89%
EPS Next 3Y8.27%
EPS Next 5Y15.87%
Revenue Next Year4.01%
Revenue Next 2Y4.28%
Revenue Next 3Y4.67%
Revenue Next 5Y5.05%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 23.45, the valuation of COLM can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of COLM is on the same level as its industry peers.
COLM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.63.
A Price/Forward Earnings ratio of 22.20 indicates a rather expensive valuation of COLM.
COLM's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.68. COLM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.45 | ||
| Fwd PE | 22.2 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as COLM.
67.35% of the companies in the same industry are more expensive than COLM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.03 | ||
| EV/EBITDA | 12.44 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates COLM does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)4.19
PEG (5Y)N/A
EPS Next 2Y7.89%
EPS Next 3Y8.27%
5. Dividend
5.1 Amount
COLM has a Yearly Dividend Yield of 1.45%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.88, COLM pays a bit more dividend than its industry peers.
COLM's Dividend Yield is slightly below the S&P500 average, which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
5.2 History
The dividend of COLM has a limited annual growth rate of 4.42%.
COLM has paid a dividend for at least 10 years, which is a reliable track record.
COLM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.42%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
COLM pays out 31.23% of its income as dividend. This is a sustainable payout ratio.
The dividend of COLM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP31.23%
EPS Next 2Y7.89%
EPS Next 3Y8.27%
90.74
+0.44 (+0.49%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners53.89%
Inst Owner Change3.37%
Ins Owners44.92%
Ins Owner Change0.01%
Market Cap5.19B
Analysts73.33
Price Target85.17 (-6.14%)
Short Float %11.97%
Short Ratio6.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
Yearly Dividend1.19
Dividend Growth(5Y)4.42%
DP31.23%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.76%
Min EPS beat(2)-6.86%
Max EPS beat(2)12.37%
EPS beat(4)3
Avg EPS beat(4)37.13%
Min EPS beat(4)-6.86%
Max EPS beat(4)100.79%
EPS beat(8)5
Avg EPS beat(8)67.72%
EPS beat(12)8
Avg EPS beat(12)65.3%
EPS beat(16)12
Avg EPS beat(16)110.19%
Revenue beat(2)0
Avg Revenue beat(2)-1.24%
Min Revenue beat(2)-2.44%
Max Revenue beat(2)-0.04%
Revenue beat(4)1
Avg Revenue beat(4)-0.52%
Min Revenue beat(4)-2.44%
Max Revenue beat(4)2.01%
Revenue beat(8)3
Avg Revenue beat(8)-0.56%
Revenue beat(12)3
Avg Revenue beat(12)-1.24%
Revenue beat(16)6
Avg Revenue beat(16)-0.3%
PT rev (1m)0%
PT rev (3m)4.21%
EPS NQ rev (1m)-8.87%
EPS NQ rev (3m)44.93%
EPS NY rev (1m)-6.49%
EPS NY rev (3m)-6.42%
Revenue NQ rev (1m)-5.43%
Revenue NQ rev (3m)-3.29%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.45 | ||
| Fwd PE | 22.2 | ||
| P/S | 1.54 | ||
| P/FCF | 12.03 | ||
| P/OCF | 10.57 | ||
| P/B | 2.92 | ||
| P/tB | 3.1 | ||
| EV/EBITDA | 12.44 |
EPS(TTM)3.87
EY4.26%
EPS(NY)4.09
Fwd EY4.5%
FCF(TTM)7.54
FCFY8.31%
OCF(TTM)8.59
OCFY9.46%
SpS58.9
BVpS31.13
TBVpS29.27
PEG (NY)4.19
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.5% | ||
| ROE | 12.54% | ||
| ROCE | 12.26% | ||
| ROIC | 9.31% | ||
| ROICexc | 14.76% | ||
| ROICexgc | 15.98% | ||
| OM | 8.04% | ||
| PM (TTM) | 6.63% | ||
| GM | 50.2% | ||
| FCFM | 12.8% |
ROA(3y)8.75%
ROA(5y)8.32%
ROE(3y)13.87%
ROE(5y)13.06%
ROIC(3y)11.43%
ROIC(5y)10.68%
ROICexc(3y)16.08%
ROICexc(5y)15.69%
ROICexgc(3y)17.32%
ROICexgc(5y)17.21%
ROCE(3y)15.05%
ROCE(5y)14.05%
ROICexcg growth 3Y-14.9%
ROICexcg growth 5Y-5.43%
ROICexc growth 3Y-13.69%
ROICexc growth 5Y-4.52%
OM growth 3Y-17.71%
OM growth 5Y-9.15%
PM growth 3Y-16.36%
PM growth 5Y-9.41%
GM growth 3Y-0.9%
GM growth 5Y0.15%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 106.9% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 150.31% | ||
| Profit Quality | 193.14% | ||
| Current Ratio | 2.62 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | N/A |
F-Score6
WACC10.06%
ROIC/WACC0.93
Cap/Depr(3y)66.57%
Cap/Depr(5y)49.87%
Cap/Sales(3y)1.68%
Cap/Sales(5y)1.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.3%
EPS 3Y-10.29%
EPS 5Y-3.52%
EPS Q2Q%16.13%
EPS Next Y5.6%
EPS Next 2Y7.89%
EPS Next 3Y8.27%
EPS Next 5Y15.87%
Revenue 1Y (TTM)-3.4%
Revenue growth 3Y2.52%
Revenue growth 5Y2.06%
Sales Q2Q%3.45%
Revenue Next Year4.01%
Revenue Next 2Y4.28%
Revenue Next 3Y4.67%
Revenue Next 5Y5.05%
EBIT growth 1Y-19.25%
EBIT growth 3Y-15.64%
EBIT growth 5Y-7.28%
EBIT Next Year55.81%
EBIT Next 3Y24.54%
EBIT Next 5Y20.04%
FCF growth 1Y-25.86%
FCF growth 3Y10.49%
FCF growth 5Y21.63%
OCF growth 1Y-22.83%
OCF growth 3Y11.48%
OCF growth 5Y11.46%