CROCS INC (CROX) Stock Fundamental Analysis
USA - NASDAQ:CROX - US2270461096 - Common Stock
78.51 USD
-0.66 (-0.83%)
77.5 USD
-1.01 (-1.29%)
Taking everything into account, CROX scores 7 out of 10 in our fundamental rating. CROX was compared to 48 industry peers in the Textiles, Apparel & Luxury Goods industry. CROX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CROX is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make CROX a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
CROX had positive earnings in the past year.
In the past year CROX had a positive cash flow from operations.
Each year in the past 5 years CROX has been profitable.
Each year in the past 5 years CROX had a positive operating cash flow.
1.2 Ratios
CROX's Return On Assets of 4.25% is fine compared to the rest of the industry. CROX outperforms 64.58% of its industry peers.
With a decent Return On Equity value of 13.39%, CROX is doing good in the industry, outperforming 70.83% of the companies in the same industry.
With an excellent Return On Invested Capital value of 23.59%, CROX belongs to the best of the industry, outperforming 89.58% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CROX is significantly above the industry average of 12.21%.
The last Return On Invested Capital (23.59%) for CROX is above the 3 year average (22.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.25% | ||
| ROE | 13.39% | ||
| ROIC | 23.59% |
ROA(3y)16.27%
ROA(5y)24.75%
ROE(3y)57.44%
ROE(5y)1085.36%
ROIC(3y)22.59%
ROIC(5y)29.82%
1.3 Margins
CROX's Profit Margin of 4.48% is fine compared to the rest of the industry. CROX outperforms 66.67% of its industry peers.
CROX's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 23.11%, CROX belongs to the best of the industry, outperforming 95.83% of the companies in the same industry.
In the last couple of years the Operating Margin of CROX has grown nicely.
CROX's Gross Margin of 59.08% is fine compared to the rest of the industry. CROX outperforms 75.00% of its industry peers.
CROX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.11% | ||
| PM (TTM) | 4.48% | ||
| GM | 59.08% |
OM growth 3Y-5.12%
OM growth 5Y19.52%
PM growth 3Y-9.62%
PM growth 5Y18.99%
GM growth 3Y-1.45%
GM growth 5Y3.22%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CROX is creating value.
The number of shares outstanding for CROX has been reduced compared to 1 year ago.
The number of shares outstanding for CROX has been reduced compared to 5 years ago.
CROX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.72 indicates that CROX is not in any danger for bankruptcy at the moment.
CROX has a Altman-Z score of 3.72. This is in the better half of the industry: CROX outperforms 75.00% of its industry peers.
CROX has a debt to FCF ratio of 1.84. This is a very positive value and a sign of high solvency as it would only need 1.84 years to pay back of all of its debts.
CROX has a Debt to FCF ratio of 1.84. This is amongst the best in the industry. CROX outperforms 85.42% of its industry peers.
A Debt/Equity ratio of 0.97 indicates that CROX is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.97, CROX is not doing good in the industry: 72.92% of the companies in the same industry are doing better.
Even though the debt/equity ratio score it not favorable for CROX, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 1.84 | ||
| Altman-Z | 3.72 |
ROIC/WACC2.24
WACC10.55%
2.3 Liquidity
A Current Ratio of 1.40 indicates that CROX should not have too much problems paying its short term obligations.
CROX's Current ratio of 1.40 is on the low side compared to the rest of the industry. CROX is outperformed by 77.08% of its industry peers.
A Quick Ratio of 0.83 indicates that CROX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.83, CROX is doing worse than 66.67% of the companies in the same industry.
CROX 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 | 1.4 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
CROX shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.09%.
Measured over the past years, CROX shows a very strong growth in Earnings Per Share. The EPS has been growing by 51.64% on average per year.
Looking at the last year, CROX shows a small growth in Revenue. The Revenue has grown by 0.01% in the last year.
Measured over the past years, CROX shows a very strong growth in Revenue. The Revenue has been growing by 27.23% on average per year.
EPS 1Y (TTM)-4.09%
EPS 3Y16.39%
EPS 5Y51.64%
EPS Q2Q%-18.89%
Revenue 1Y (TTM)0.01%
Revenue growth 3Y21.04%
Revenue growth 5Y27.23%
Sales Q2Q%-6.2%
3.2 Future
The Earnings Per Share is expected to grow by 2.84% on average over the next years.
CROX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.29% yearly.
EPS Next Y-8.89%
EPS Next 2Y-3.86%
EPS Next 3Y-2.79%
EPS Next 5Y2.84%
Revenue Next Year-1.88%
Revenue Next 2Y-1.1%
Revenue Next 3Y-1.32%
Revenue Next 5Y2.29%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.20, the valuation of CROX can be described as very cheap.
93.75% of the companies in the same industry are more expensive than CROX, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.07, CROX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.46, the valuation of CROX can be described as very cheap.
Based on the Price/Forward Earnings ratio, CROX is valued cheaply inside the industry as 95.83% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.08, CROX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 6.46 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CROX is valued cheaper than 83.33% of the companies in the same industry.
91.67% of the companies in the same industry are more expensive than CROX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.99 | ||
| EV/EBITDA | 5.36 |
4.3 Compensation for Growth
CROX has an outstanding profitability rating, which may justify a higher PE ratio.
CROX's earnings are expected to decrease with -2.79% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.12
EPS Next 2Y-3.86%
EPS Next 3Y-2.79%
5. Dividend
5.1 Amount
No dividends for CROX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
78.51
-0.66 (-0.83%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners103.9%
Inst Owner Change-8.26%
Ins Owners2.6%
Ins Owner Change3.14%
Market Cap4.29B
Revenue(TTM)4.07B
Net Income(TTM)182.55M
Analysts73.64
Price Target89.54 (14.05%)
Short Float %12.89%
Short Ratio3.29
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)2
Avg EPS beat(2)12.3%
Min EPS beat(2)3.5%
Max EPS beat(2)21.1%
EPS beat(4)4
Avg EPS beat(4)13.09%
Min EPS beat(4)3.5%
Max EPS beat(4)21.1%
EPS beat(8)8
Avg EPS beat(8)14.51%
EPS beat(12)12
Avg EPS beat(12)14.26%
EPS beat(16)16
Avg EPS beat(16)14.77%
Revenue beat(2)1
Avg Revenue beat(2)0.15%
Min Revenue beat(2)-1.17%
Max Revenue beat(2)1.48%
Revenue beat(4)3
Avg Revenue beat(4)0.6%
Min Revenue beat(4)-1.17%
Max Revenue beat(4)1.48%
Revenue beat(8)4
Avg Revenue beat(8)0.38%
Revenue beat(12)6
Avg Revenue beat(12)0.28%
Revenue beat(16)9
Avg Revenue beat(16)0.56%
PT rev (1m)-0.09%
PT rev (3m)-29.28%
EPS NQ rev (1m)4.79%
EPS NQ rev (3m)-19.65%
EPS NY rev (1m)2.95%
EPS NY rev (3m)-6.88%
Revenue NQ rev (1m)-1.41%
Revenue NQ rev (3m)-7.43%
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)-3.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 6.46 | ||
| P/S | 1.05 | ||
| P/FCF | 5.99 | ||
| P/OCF | 5.5 | ||
| P/B | 3.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.36 |
EPS(TTM)12.67
EY16.14%
EPS(NY)12.15
Fwd EY15.48%
FCF(TTM)13.11
FCFY16.7%
OCF(TTM)14.28
OCFY18.19%
SpS74.57
BVpS24.96
TBVpS-6.81
PEG (NY)N/A
PEG (5Y)0.12
Graham Number84.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.25% | ||
| ROE | 13.39% | ||
| ROCE | 26.08% | ||
| ROIC | 23.59% | ||
| ROICexc | 24.64% | ||
| ROICexgc | 49.52% | ||
| OM | 23.11% | ||
| PM (TTM) | 4.48% | ||
| GM | 59.08% | ||
| FCFM | 17.59% |
ROA(3y)16.27%
ROA(5y)24.75%
ROE(3y)57.44%
ROE(5y)1085.36%
ROIC(3y)22.59%
ROIC(5y)29.82%
ROICexc(3y)23.62%
ROICexc(5y)33.95%
ROICexgc(3y)69.79%
ROICexgc(5y)62.49%
ROCE(3y)24.97%
ROCE(5y)32.97%
ROICexgc growth 3Y-0.46%
ROICexgc growth 5Y13.47%
ROICexc growth 3Y-28.38%
ROICexc growth 5Y-4.85%
OM growth 3Y-5.12%
OM growth 5Y19.52%
PM growth 3Y-9.62%
PM growth 5Y18.99%
GM growth 3Y-1.45%
GM growth 5Y3.22%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 1.84 | ||
| Debt/EBITDA | 1.3 | ||
| Cap/Depr | 83.38% | ||
| Cap/Sales | 1.56% | ||
| Interest Coverage | 11.87 | ||
| Cash Conversion | 76.65% | ||
| Profit Quality | 392.36% | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 3.72 |
F-Score6
WACC10.55%
ROIC/WACC2.24
Cap/Depr(3y)1933.24%
Cap/Depr(5y)1225.32%
Cap/Sales(3y)21.71%
Cap/Sales(5y)14.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.09%
EPS 3Y16.39%
EPS 5Y51.64%
EPS Q2Q%-18.89%
EPS Next Y-8.89%
EPS Next 2Y-3.86%
EPS Next 3Y-2.79%
EPS Next 5Y2.84%
Revenue 1Y (TTM)0.01%
Revenue growth 3Y21.04%
Revenue growth 5Y27.23%
Sales Q2Q%-6.2%
Revenue Next Year-1.88%
Revenue Next 2Y-1.1%
Revenue Next 3Y-1.32%
Revenue Next 5Y2.29%
EBIT growth 1Y-11.62%
EBIT growth 3Y14.85%
EBIT growth 5Y52.06%
EBIT Next Year-9.8%
EBIT Next 3Y-6.47%
EBIT Next 5Y3.43%
FCF growth 1Y-14.34%
FCF growth 3Y21.77%
FCF growth 5Y76.83%
OCF growth 1Y-16.78%
OCF growth 3Y20.5%
OCF growth 5Y61.62%
CROCS INC / CROX FAQ
What is the ChartMill fundamental rating of CROCS INC (CROX) stock?
ChartMill assigns a fundamental rating of 7 / 10 to CROX.
What is the valuation status for CROX stock?
ChartMill assigns a valuation rating of 8 / 10 to CROCS INC (CROX). This can be considered as Undervalued.
What is the profitability of CROX stock?
CROCS INC (CROX) has a profitability rating of 9 / 10.
What are the PE and PB ratios of CROCS INC (CROX) stock?
The Price/Earnings (PE) ratio for CROCS INC (CROX) is 6.2 and the Price/Book (PB) ratio is 3.15.
Can you provide the financial health for CROX stock?
The financial health rating of CROCS INC (CROX) is 7 / 10.