FUNKO INC-CLASS A (FNKO) Stock Fundamental Analysis
NASDAQ:FNKO - Nasdaq - US3610081057 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to FNKO. FNKO was compared to 30 industry peers in the Leisure Products industry. Both the profitability and financial health of FNKO have multiple concerns. FNKO is not valued too expensively and it also shows a decent growth rate.
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.
In multiple years FNKO reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of -3.06%, FNKO perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
FNKO has a Return On Equity of -10.14%. This is in the lower half of the industry: FNKO underperforms 60.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.64%, FNKO is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.06% | ||
| ROE | -10.14% | ||
| ROIC | 0.64% |
ROA(3y)-5.11%
ROA(5y)-2.67%
ROE(3y)-18.32%
ROE(5y)-9.62%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FNKO has a Operating Margin (0.40%) which is in line with its industry peers.
FNKO's Gross Margin of 40.06% is fine compared to the rest of the industry. FNKO outperforms 70.00% of its industry peers.
FNKO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.4% | ||
| PM (TTM) | N/A | ||
| GM | 40.06% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.33%
GM growth 5Y-3.97%
2. Health
2.1 Basic Checks
FNKO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
There is no outstanding debt for FNKO. 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
FNKO has an Altman-Z score of 1.68. This is a bad value and indicates that FNKO is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.68, FNKO is doing worse than 63.33% of the companies in the same industry.
FNKO has a debt to FCF ratio of 3.08. This is a good value and a sign of high solvency as FNKO would need 3.08 years to pay back of all of its debts.
FNKO has a better Debt to FCF ratio (3.08) than 66.67% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that FNKO is somewhat dependend on debt financing.
FNKO has a Debt to Equity ratio of 0.85. This is in the lower half of the industry: FNKO underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 3.08 | ||
| Altman-Z | 1.68 |
ROIC/WACC0.07
WACC8.96%
2.3 Liquidity
A Current Ratio of 0.96 indicates that FNKO may have some problems paying its short term obligations.
FNKO has a worse Current ratio (0.96) than 90.00% of its industry peers.
FNKO has a Quick Ratio of 0.96. 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's Quick ratio of 0.64 is on the low side compared to the rest of the industry. FNKO is outperformed by 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 117.05% over the past year.
Measured over the past years, FNKO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -31.16% on average per year.
EPS 1Y (TTM)117.05%
EPS 3Y-52.62%
EPS 5Y-31.16%
EPS Q2Q%700%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%0.86%
3.2 Future
The Earnings Per Share is expected to grow by 173.50% on average over the next years. This is a very strong growth
FNKO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.95% yearly.
EPS Next Y148.2%
EPS Next 2Y173.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.8%
Revenue Next 2Y6.95%
Revenue Next 3YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 59.77, FNKO can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of FNKO is on the same level as its industry peers.
FNKO is valuated expensively when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
FNKO is valuated rather expensively with a Price/Forward Earnings ratio of 24.08.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FNKO is on the same level as its industry peers.
FNKO is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.77 | ||
| Fwd PE | 24.08 |
4.2 Price Multiples
FNKO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FNKO is cheaper than 80.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FNKO indicates a rather cheap valuation: FNKO is cheaper than 96.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.69 | ||
| EV/EBITDA | 8.96 |
4.3 Compensation for Growth
FNKO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FNKO's earnings are expected to grow with 173.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y173.5%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for FNKO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
8.965
-1.4 (-13.55%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners66.41%
Inst Owner Change2.16%
Ins Owners8.85%
Ins Owner Change-0.39%
Market Cap485.54M
Analysts45.71
Price Target11.73 (30.84%)
Short Float %11.02%
Short Ratio4.73
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)2
Avg EPS beat(2)196.49%
Min EPS beat(2)170.03%
Max EPS beat(2)222.95%
EPS beat(4)4
Avg EPS beat(4)140.26%
Min EPS beat(4)43.55%
Max EPS beat(4)222.95%
EPS beat(8)7
Avg EPS beat(8)71.98%
EPS beat(12)10
Avg EPS beat(12)53.74%
EPS beat(16)14
Avg EPS beat(16)63.75%
Revenue beat(2)1
Avg Revenue beat(2)2.1%
Min Revenue beat(2)-0.89%
Max Revenue beat(2)5.09%
Revenue beat(4)2
Avg Revenue beat(4)0.37%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)5.09%
Revenue beat(8)5
Avg Revenue beat(8)0.99%
Revenue beat(12)9
Avg Revenue beat(12)4.83%
Revenue beat(16)13
Avg Revenue beat(16)6.01%
PT rev (1m)-9.21%
PT rev (3m)-6.12%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)100%
EPS NY rev (1m)7.14%
EPS NY rev (3m)7.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.77 | ||
| Fwd PE | 24.08 | ||
| P/S | 0.46 | ||
| P/FCF | 6.69 | ||
| P/OCF | 4.98 | ||
| P/B | 2.05 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.96 |
EPS(TTM)0.15
EY1.67%
EPS(NY)0.37
Fwd EY4.15%
FCF(TTM)1.34
FCFY14.94%
OCF(TTM)1.8
OCFY20.1%
SpS19.34
BVpS4.37
TBVpS-0.98
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.06% | ||
| ROE | -10.14% | ||
| ROCE | 1% | ||
| ROIC | 0.64% | ||
| ROICexc | 0.68% | ||
| ROICexgc | 1.71% | ||
| OM | 0.4% | ||
| PM (TTM) | N/A | ||
| GM | 40.06% | ||
| FCFM | 6.93% |
ROA(3y)-5.11%
ROA(5y)-2.67%
ROE(3y)-18.32%
ROE(5y)-9.62%
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 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.33%
GM growth 5Y-3.97%
F-Score7
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 3.08 | ||
| Debt/EBITDA | 3.07 | ||
| Cap/Depr | 40.9% | ||
| Cap/Sales | 2.39% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 149.28% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 1.68 |
F-Score7
WACC8.96%
ROIC/WACC0.07
Cap/Depr(3y)84.64%
Cap/Depr(5y)77.72%
Cap/Sales(3y)3.46%
Cap/Sales(5y)3.71%
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 Y148.2%
EPS Next 2Y173.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%0.86%
Revenue Next Year4.8%
Revenue Next 2Y6.95%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y102.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year330.55%
EBIT Next 3Y78.69%
EBIT Next 5YN/A
FCF growth 1Y163.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y273.93%
OCF growth 3Y-34.22%
OCF growth 5Y-9.16%