FUNKO INC-CLASS A (FNKO) Stock Fundamental Analysis
NASDAQ:FNKO - Nasdaq - US3610081057 - Common Stock - Currency: USD
FNKO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 30 industry peers in the Leisure Products industry. FNKO may be in some trouble as it scores bad on both profitability and health. FNKO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FNKO was profitable.
FNKO had a positive operating cash flow in the past year.
In multiple years FNKO reported negative net income over the last 5 years.
FNKO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FNKO has a Return On Assets (-2.08%) which is in line with its industry peers.
The Return On Equity of FNKO (-6.32%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 2.22%, FNKO is in line with its industry, outperforming 56.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -6.32% | ||
| ROIC | 2.22% |
ROA(3y)-7.32%
ROA(5y)-3.38%
ROE(3y)-24.97%
ROE(5y)-11.92%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FNKO has a Operating Margin of 1.24%. This is comparable to the rest of the industry: FNKO outperforms 50.00% of its industry peers.
FNKO's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 41.39%, FNKO is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
FNKO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.24% | ||
| PM (TTM) | N/A | ||
| GM | 41.39% |
OM growth 3Y-48.91%
OM growth 5Y-26.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.79%
GM growth 5Y3.1%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FNKO is destroying value.
FNKO has more shares outstanding than it did 1 year ago.
FNKO has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FNKO has been reduced compared to a year ago.
2.2 Solvency
FNKO has an Altman-Z score of 1.58. This is a bad value and indicates that FNKO is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.58, FNKO is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
The Debt to FCF ratio of FNKO is 2.01, which is a good value as it means it would take FNKO, 2.01 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.01, FNKO is doing good in the industry, outperforming 66.67% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that FNKO is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.69, FNKO is in line with its industry, outperforming 43.33% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for FNKO, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 2.01 | ||
| Altman-Z | 1.58 |
ROIC/WACC0.23
WACC9.71%
2.3 Liquidity
A Current Ratio of 0.94 indicates that FNKO may have some problems paying its short term obligations.
FNKO has a Current ratio of 0.94. This is amonst the worse of the industry: FNKO underperforms 90.00% of its industry peers.
FNKO has a Quick Ratio of 0.94. This is a bad value and indicates that FNKO is not financially healthy enough and could expect problems in meeting its short term obligations.
FNKO has a worse Quick ratio (0.64) than 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 117.05% over the past year.
FNKO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -31.16% yearly.
FNKO shows a decrease in Revenue. In the last year, the revenue decreased by -4.21%.
Measured over the past years, FNKO shows a small growth in Revenue. The Revenue has been growing by 5.72% on average per year.
EPS 1Y (TTM)117.05%
EPS 3Y-52.62%
EPS 5Y-31.16%
EPS Q2Q%700%
Revenue 1Y (TTM)-4.21%
Revenue growth 3Y0.66%
Revenue growth 5Y5.72%
Sales Q2Q%0.86%
3.2 Future
Based on estimates for the next years, FNKO will show a very strong growth in Earnings Per Share. The EPS will grow by 92.56% on average per year.
The Revenue is expected to grow by 7.21% on average over the next years.
EPS Next Y-15%
EPS Next 2Y99.79%
EPS Next 3Y92.56%
EPS Next 5YN/A
Revenue Next Year1.98%
Revenue Next 2Y5.09%
Revenue Next 3Y7.21%
Revenue Next 5YN/A
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
The Price/Earnings ratio is 27.13, which means the current valuation is very expensive for FNKO.
The rest of the industry has a similar Price/Earnings ratio as FNKO.
The average S&P500 Price/Earnings ratio is at 28.64. FNKO is around the same levels.
A Price/Forward Earnings ratio of 31.92 indicates a quite expensive valuation of FNKO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FNKO is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of FNKO to the average of the S&P500 Index (21.44), we can say FNKO is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.13 | ||
| Fwd PE | 31.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FNKO is valued cheaper than 96.67% of the companies in the same industry.
100.00% of the companies in the same industry are more expensive than FNKO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.45 | ||
| EV/EBITDA | 4.15 |
4.3 Compensation for Growth
FNKO's earnings are expected to grow with 92.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y99.79%
EPS Next 3Y92.56%
5. Dividend
5.1 Amount
No dividends for FNKO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.07
-0.07 (-1.69%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners66.41%
Inst Owner Change4.57%
Ins Owners8.85%
Ins Owner Change-0.07%
Market Cap221.98M
Analysts45.71
Price Target10.2 (150.61%)
Short Float %11.55%
Short Ratio4.13
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)1
Avg Revenue beat(2)-0.12%
Min Revenue beat(2)-0.89%
Max Revenue beat(2)0.65%
Revenue beat(4)2
Avg Revenue beat(4)0.21%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)5.09%
Revenue beat(8)5
Avg Revenue beat(8)0.76%
Revenue beat(12)9
Avg Revenue beat(12)3.14%
Revenue beat(16)13
Avg Revenue beat(16)5.21%
PT rev (1m)-13.04%
PT rev (3m)-18.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-243.41%
EPS NY rev (1m)-65.75%
EPS NY rev (3m)-68.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-16.57%
Revenue NY rev (1m)-2.69%
Revenue NY rev (3m)-5.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.13 | ||
| Fwd PE | 31.92 | ||
| P/S | 0.21 | ||
| P/FCF | 2.45 | ||
| P/OCF | 1.8 | ||
| P/B | 0.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.15 |
EPS(TTM)0.15
EY3.69%
EPS(NY)0.13
Fwd EY3.13%
FCF(TTM)1.66
FCFY40.87%
OCF(TTM)2.26
OCFY55.65%
SpS19.25
BVpS4.27
TBVpS-0.96
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -6.32% | ||
| ROCE | 3.24% | ||
| ROIC | 2.22% | ||
| ROICexc | 2.4% | ||
| ROICexgc | 7.25% | ||
| OM | 1.24% | ||
| PM (TTM) | N/A | ||
| GM | 41.39% | ||
| FCFM | 8.64% |
ROA(3y)-7.32%
ROA(5y)-3.38%
ROE(3y)-24.97%
ROE(5y)-11.92%
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
ROICexcg growth 3Y-35.25%
ROICexcg growth 5Y-10.41%
ROICexc growth 3Y-42.42%
ROICexc growth 5Y-16.02%
OM growth 3Y-48.91%
OM growth 5Y-26.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.79%
GM growth 5Y3.1%
F-Score6
Asset Turnover1.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 2.01 | ||
| Debt/EBITDA | 2.12 | ||
| Cap/Depr | 52.4% | ||
| Cap/Sales | 3.12% | ||
| Interest Coverage | 0.62 | ||
| Cash Conversion | 163.45% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 1.58 |
F-Score6
WACC9.71%
ROIC/WACC0.23
Cap/Depr(3y)79%
Cap/Depr(5y)69.19%
Cap/Sales(3y)3.6%
Cap/Sales(5y)3.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)117.05%
EPS 3Y-52.62%
EPS 5Y-31.16%
EPS Q2Q%700%
EPS Next Y-15%
EPS Next 2Y99.79%
EPS Next 3Y92.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.21%
Revenue growth 3Y0.66%
Revenue growth 5Y5.72%
Sales Q2Q%0.86%
Revenue Next Year1.98%
Revenue Next 2Y5.09%
Revenue Next 3Y7.21%
Revenue Next 5YN/A
EBIT growth 1Y112.52%
EBIT growth 3Y-48.57%
EBIT growth 5Y-22.54%
EBIT Next Year1072.79%
EBIT Next 3Y170.9%
EBIT Next 5YN/A
FCF growth 1Y2262.37%
FCF growth 3Y15.04%
FCF growth 5Y13.35%
OCF growth 1Y299.3%
OCF growth 3Y12.22%
OCF growth 5Y6.35%