FIGS INC-CLASS A (FIGS) Stock Fundamental Analysis
NYSE:FIGS - New York Stock Exchange, Inc. - US30260D1037 - Common Stock - Currency: USD
FIGS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 50 industry peers in the Textiles, Apparel & Luxury Goods industry. FIGS has an excellent financial health rating, but there are some minor concerns on its profitability. While showing a medium growth rate, FIGS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
FIGS had positive earnings in the past year.
In the past year FIGS had a positive cash flow from operations.
Of the past 5 years FIGS 4 years were profitable.
FIGS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FIGS has a Return On Assets (2.00%) which is in line with its industry peers.
The Return On Equity of FIGS (2.69%) is comparable to the rest of the industry.
FIGS's Return On Invested Capital of 1.34% is on the low side compared to the rest of the industry. FIGS is outperformed by 67.35% of its industry peers.
FIGS had an Average Return On Invested Capital over the past 3 years of 6.38%. This is significantly below the industry average of 11.76%.
The last Return On Invested Capital (1.34%) for FIGS is well below the 3 year average (6.38%), which needs to be investigated, but indicates that FIGS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2% | ||
| ROE | 2.69% | ||
| ROIC | 1.34% |
ROA(3y)2.36%
ROA(5y)8.88%
ROE(3y)3%
ROE(5y)12.04%
ROIC(3y)6.38%
ROIC(5y)N/A
1.3 Margins
FIGS's Profit Margin of 1.97% is in line compared to the rest of the industry. FIGS outperforms 51.02% of its industry peers.
FIGS's Profit Margin has declined in the last couple of years.
FIGS has a Operating Margin of 1.38%. This is in the lower half of the industry: FIGS underperforms 67.35% of its industry peers.
In the last couple of years the Operating Margin of FIGS has declined.
FIGS has a Gross Margin of 67.67%. This is amongst the best in the industry. FIGS outperforms 93.88% of its industry peers.
FIGS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.38% | ||
| PM (TTM) | 1.97% | ||
| GM | 67.67% |
OM growth 3Y-34.31%
OM growth 5YN/A
PM growth 3Y-39.71%
PM growth 5YN/A
GM growth 3Y-1.5%
GM growth 5YN/A
2. Health
2.1 Basic Checks
FIGS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, FIGS has more shares outstanding
FIGS 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
FIGS has an Altman-Z score of 5.83. This indicates that FIGS is financially healthy and has little risk of bankruptcy at the moment.
FIGS's Altman-Z score of 5.83 is amongst the best of the industry. FIGS outperforms 89.80% of its industry peers.
FIGS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.83 |
ROIC/WACC0.13
WACC9.98%
2.3 Liquidity
FIGS has a Current Ratio of 4.58. This indicates that FIGS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 4.58, FIGS belongs to the top of the industry, outperforming 97.96% of the companies in the same industry.
A Quick Ratio of 3.28 indicates that FIGS has no problem at all paying its short term obligations.
FIGS's Quick ratio of 3.28 is amongst the best of the industry. FIGS outperforms 97.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.58 | ||
| Quick Ratio | 3.28 |
3. Growth
3.1 Past
FIGS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.45%.
Measured over the past years, FIGS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -26.30% on average per year.
Looking at the last year, FIGS shows a small growth in Revenue. The Revenue has grown by 0.56% in the last year.
The Revenue has been growing by 27.53% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-45.45%
EPS 3Y-26.3%
EPS 5YN/A
EPS Q2Q%-133.33%
Revenue 1Y (TTM)0.56%
Revenue growth 3Y27.53%
Revenue growth 5YN/A
Sales Q2Q%-1.51%
3.2 Future
FIGS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.33% yearly.
Based on estimates for the next years, FIGS will show a small growth in Revenue. The Revenue will grow by 3.67% on average per year.
EPS Next Y-83.99%
EPS Next 2Y-15.85%
EPS Next 3Y0.15%
EPS Next 5Y15.33%
Revenue Next Year-1.24%
Revenue Next 2Y0.89%
Revenue Next 3Y2.6%
Revenue Next 5Y3.67%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 91.17, which means the current valuation is very expensive for FIGS.
FIGS's Price/Earnings ratio is a bit more expensive when compared to the industry. FIGS is more expensive than 67.35% of the companies in the same industry.
FIGS is valuated expensively when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 70.23 indicates a quite expensive valuation of FIGS.
73.47% of the companies in the same industry are cheaper than FIGS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, FIGS is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 91.17 | ||
| Fwd PE | 70.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FIGS is valued a bit more expensive than 69.39% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FIGS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.31 | ||
| EV/EBITDA | 34.37 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.85%
EPS Next 3Y0.15%
5. Dividend
5.1 Amount
FIGS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.47
+0.2 (+3.8%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners87.46%
Inst Owner Change-1.8%
Ins Owners9.75%
Ins Owner Change-0.22%
Market Cap928.86M
Analysts55
Price Target5.83 (6.58%)
Short Float %10.4%
Short Ratio7.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)87.27%
Min EPS beat(2)-22.55%
Max EPS beat(2)197.09%
EPS beat(4)3
Avg EPS beat(4)164.48%
Min EPS beat(4)-22.55%
Max EPS beat(4)334.54%
EPS beat(8)7
Avg EPS beat(8)191.4%
EPS beat(12)9
Avg EPS beat(12)148.21%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.29%
Min Revenue beat(2)-3.97%
Max Revenue beat(2)-0.61%
Revenue beat(4)0
Avg Revenue beat(4)-2.52%
Min Revenue beat(4)-5.02%
Max Revenue beat(4)-0.5%
Revenue beat(8)4
Avg Revenue beat(8)0.91%
Revenue beat(12)6
Avg Revenue beat(12)0.06%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.55%
PT rev (3m)-4.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-57.31%
EPS NY rev (1m)0%
EPS NY rev (3m)-55.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 91.17 | ||
| Fwd PE | 70.23 | ||
| P/S | 1.69 | ||
| P/FCF | 18.31 | ||
| P/OCF | 13.08 | ||
| P/B | 2.3 | ||
| P/tB | 2.3 | ||
| EV/EBITDA | 34.37 |
EPS(TTM)0.06
EY1.1%
EPS(NY)0.08
Fwd EY1.42%
FCF(TTM)0.3
FCFY5.46%
OCF(TTM)0.42
OCFY7.64%
SpS3.23
BVpS2.38
TBVpS2.38
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2% | ||
| ROE | 2.69% | ||
| ROCE | 1.7% | ||
| ROIC | 1.34% | ||
| ROICexc | 3.61% | ||
| ROICexgc | 3.61% | ||
| OM | 1.38% | ||
| PM (TTM) | 1.97% | ||
| GM | 67.67% | ||
| FCFM | 9.25% |
ROA(3y)2.36%
ROA(5y)8.88%
ROE(3y)3%
ROE(5y)12.04%
ROIC(3y)6.38%
ROIC(5y)N/A
ROICexc(3y)16.72%
ROICexc(5y)N/A
ROICexgc(3y)16.72%
ROICexgc(5y)N/A
ROCE(3y)8.08%
ROCE(5y)N/A
ROICexcg growth 3Y-46.81%
ROICexcg growth 5YN/A
ROICexc growth 3Y-46.81%
ROICexc growth 5YN/A
OM growth 3Y-34.31%
OM growth 5YN/A
PM growth 3Y-39.71%
PM growth 5YN/A
GM growth 3Y-1.5%
GM growth 5YN/A
F-Score5
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 358.23% | ||
| Cap/Sales | 3.7% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 535.73% | ||
| Profit Quality | 468.25% | ||
| Current Ratio | 4.58 | ||
| Quick Ratio | 3.28 | ||
| Altman-Z | 5.83 |
F-Score5
WACC9.98%
ROIC/WACC0.13
Cap/Depr(3y)341.72%
Cap/Depr(5y)435.69%
Cap/Sales(3y)1.57%
Cap/Sales(5y)1.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.45%
EPS 3Y-26.3%
EPS 5YN/A
EPS Q2Q%-133.33%
EPS Next Y-83.99%
EPS Next 2Y-15.85%
EPS Next 3Y0.15%
EPS Next 5Y15.33%
Revenue 1Y (TTM)0.56%
Revenue growth 3Y27.53%
Revenue growth 5YN/A
Sales Q2Q%-1.51%
Revenue Next Year-1.24%
Revenue Next 2Y0.89%
Revenue Next 3Y2.6%
Revenue Next 5Y3.67%
EBIT growth 1Y-67.26%
EBIT growth 3Y-16.22%
EBIT growth 5YN/A
EBIT Next Year76.77%
EBIT Next 3Y38.25%
EBIT Next 5Y23.79%
FCF growth 1Y264.19%
FCF growth 3Y63.1%
FCF growth 5YN/A
OCF growth 1Y373.75%
OCF growth 3Y66.79%
OCF growth 5YN/A