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 49 industry peers in the Textiles, Apparel & Luxury Goods industry. FIGS is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. While showing a medium growth rate, FIGS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year FIGS was profitable.
FIGS had a positive operating cash flow in the past year.
FIGS had positive earnings in 4 of the past 5 years.
FIGS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.23%, FIGS perfoms like the industry average, outperforming 40.82% of the companies in the same industry.
The Return On Equity of FIGS (0.31%) is comparable to the rest of the industry.
The Return On Invested Capital of FIGS (0.30%) is worse than 73.47% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FIGS is significantly below the industry average of 11.45%.
The 3 year average ROIC (5.36%) for FIGS is well above the current ROIC(0.30%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 0.31% | ||
| ROIC | 0.3% |
ROA(3y)3.56%
ROA(5y)8.96%
ROE(3y)4.54%
ROE(5y)12.14%
ROIC(3y)5.36%
ROIC(5y)12.94%
1.3 Margins
Looking at the Profit Margin, with a value of 0.21%, FIGS is in line with its industry, outperforming 40.82% of the companies in the same industry.
In the last couple of years the Profit Margin of FIGS has grown nicely.
With a Operating Margin value of 0.29%, FIGS is not doing good in the industry: 73.47% of the companies in the same industry are doing better.
FIGS's Operating Margin has declined in the last couple of years.
FIGS's Gross Margin of 67.35% is amongst the best of the industry. FIGS outperforms 91.84% of its industry peers.
In the last couple of years the Gross Margin of FIGS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.29% | ||
| PM (TTM) | 0.21% | ||
| GM | 67.35% |
OM growth 3Y-46.22%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y40.17%
GM growth 3Y-1.98%
GM growth 5Y-1.19%
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.
The number of shares outstanding for FIGS has been reduced compared to 1 year ago.
Compared to 5 years ago, FIGS has more shares outstanding
There is no outstanding debt for FIGS. 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
An Altman-Z score of 6.00 indicates that FIGS is not in any danger for bankruptcy at the moment.
FIGS's Altman-Z score of 6.00 is amongst the best of the industry. FIGS outperforms 91.84% 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 | 6 |
ROIC/WACC0.03
WACC10.17%
2.3 Liquidity
A Current Ratio of 3.96 indicates that FIGS has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.96, FIGS belongs to the best of the industry, outperforming 97.96% of the companies in the same industry.
A Quick Ratio of 2.66 indicates that FIGS has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.66, FIGS belongs to the best of the industry, outperforming 97.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.96 | ||
| Quick Ratio | 2.66 |
3. Growth
3.1 Past
FIGS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -90.91%.
FIGS shows a small growth in Revenue. In the last year, the Revenue has grown by 3.02%.
Measured over the past years, FIGS shows a very strong growth in Revenue. The Revenue has been growing by 38.13% on average per year.
EPS 1Y (TTM)-90.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%4.7%
3.2 Future
FIGS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 55.80% yearly.
The Revenue is expected to grow by 3.57% on average over the next years.
EPS Next Y104%
EPS Next 2Y90.96%
EPS Next 3Y83.55%
EPS Next 5Y55.8%
Revenue Next Year0.89%
Revenue Next 2Y1.93%
Revenue Next 3Y2.89%
Revenue Next 5Y3.57%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 585.00 indicates a quite expensive valuation of FIGS.
Based on the Price/Earnings ratio, FIGS is valued a bit more expensive than 71.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. FIGS is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 80.21, the valuation of FIGS can be described as expensive.
FIGS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FIGS is more expensive than 75.51% of the companies in the same industry.
FIGS's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 585 | ||
| Fwd PE | 80.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FIGS indicates a slightly more expensive valuation: FIGS is more expensive than 77.55% of the companies listed in the same industry.
67.35% of the companies in the same industry are more expensive than FIGS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.6 | ||
| EV/EBITDA | 56.95 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FIGS does not grow enough to justify the current Price/Earnings ratio.
FIGS's earnings are expected to grow with 83.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)5.63
PEG (5Y)N/A
EPS Next 2Y90.96%
EPS Next 3Y83.55%
5. Dividend
5.1 Amount
No dividends for FIGS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.85
-0.06 (-1.02%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners97.71%
Inst Owner Change-80.03%
Ins Owners5.32%
Ins Owner Change26.89%
Market Cap950.92M
Analysts52
Price Target4.71 (-19.49%)
Short Float %6.91%
Short Ratio4.88
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)38.51%
Min EPS beat(2)-22.99%
Max EPS beat(2)100%
EPS beat(4)2
Avg EPS beat(4)62.89%
Min EPS beat(4)-22.99%
Max EPS beat(4)197.09%
EPS beat(8)6
Avg EPS beat(8)112.27%
EPS beat(12)9
Avg EPS beat(12)139.74%
EPS beat(16)12
Avg EPS beat(16)129.87%
Revenue beat(2)2
Avg Revenue beat(2)4.62%
Min Revenue beat(2)2.75%
Max Revenue beat(2)6.5%
Revenue beat(4)2
Avg Revenue beat(4)1.17%
Min Revenue beat(4)-3.97%
Max Revenue beat(4)6.5%
Revenue beat(8)4
Avg Revenue beat(8)0.87%
Revenue beat(12)8
Avg Revenue beat(12)1.51%
Revenue beat(16)10
Avg Revenue beat(16)1.5%
PT rev (1m)1.57%
PT rev (3m)-12.23%
EPS NQ rev (1m)-5%
EPS NQ rev (3m)26.67%
EPS NY rev (1m)-20%
EPS NY rev (3m)-30.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.16%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 585 | ||
| Fwd PE | 80.21 | ||
| P/S | 1.69 | ||
| P/FCF | 15.6 | ||
| P/OCF | 12.07 | ||
| P/B | 2.49 | ||
| P/tB | 2.49 | ||
| EV/EBITDA | 56.95 |
EPS(TTM)0.01
EY0.17%
EPS(NY)0.07
Fwd EY1.25%
FCF(TTM)0.37
FCFY6.41%
OCF(TTM)0.48
OCFY8.28%
SpS3.45
BVpS2.35
TBVpS2.35
PEG (NY)5.63
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 0.31% | ||
| ROCE | 0.38% | ||
| ROIC | 0.3% | ||
| ROICexc | 0.75% | ||
| ROICexgc | 0.75% | ||
| OM | 0.29% | ||
| PM (TTM) | 0.21% | ||
| GM | 67.35% | ||
| FCFM | 10.86% |
ROA(3y)3.56%
ROA(5y)8.96%
ROE(3y)4.54%
ROE(5y)12.14%
ROIC(3y)5.36%
ROIC(5y)12.94%
ROICexc(3y)11.7%
ROICexc(5y)31.36%
ROICexgc(3y)11.7%
ROICexgc(5y)31.36%
ROCE(3y)6.79%
ROCE(5y)16.38%
ROICexcg growth 3Y-60.06%
ROICexcg growth 5YN/A
ROICexc growth 3Y-60.06%
ROICexc growth 5YN/A
OM growth 3Y-46.22%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y40.17%
GM growth 3Y-1.98%
GM growth 5Y-1.19%
F-Score6
Asset Turnover1.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 227.4% | ||
| Cap/Sales | 3.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 833.1% | ||
| Profit Quality | 5151.56% | ||
| Current Ratio | 3.96 | ||
| Quick Ratio | 2.66 | ||
| Altman-Z | 6 |
F-Score6
WACC10.17%
ROIC/WACC0.03
Cap/Depr(3y)362.87%
Cap/Depr(5y)303.47%
Cap/Sales(3y)2.37%
Cap/Sales(5y)1.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-90.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
EPS Next Y104%
EPS Next 2Y90.96%
EPS Next 3Y83.55%
EPS Next 5Y55.8%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%4.7%
Revenue Next Year0.89%
Revenue Next 2Y1.93%
Revenue Next 3Y2.89%
Revenue Next 5Y3.57%
EBIT growth 1Y-94.84%
EBIT growth 3Y-40.95%
EBIT growth 5YN/A
EBIT Next Year1328.8%
EBIT Next 3Y161%
EBIT Next 5Y83.44%
FCF growth 1Y269.52%
FCF growth 3Y0.21%
FCF growth 5Y105.04%
OCF growth 1Y360.94%
OCF growth 3Y6.9%
OCF growth 5Y65.53%