18.83 USD
-0.36 (-1.88%)
18.7225 USD
-0.11 (-0.57%)
Taking everything into account, FOXF scores 4 out of 10 in our fundamental rating. FOXF was compared to 42 industry peers in the Automobile Components industry. Both the profitability and the financial health of FOXF get a neutral evaluation. Nothing too spectacular is happening here. FOXF has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year FOXF was profitable.
- In the past year FOXF had a positive cash flow from operations.
- In the past 5 years FOXF has always been profitable.
- In the past 5 years FOXF always reported a positive cash flow from operatings.
1.2 Ratios
- FOXF has a Return On Assets of -13.05%. This is in the lower half of the industry: FOXF underperforms 73.81% of its industry peers.
- Looking at the Return On Equity, with a value of -26.96%, FOXF is doing worse than 66.67% of the companies in the same industry.
- FOXF has a Return On Invested Capital of 2.87%. This is comparable to the rest of the industry: FOXF outperforms 47.62% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for FOXF is in line with the industry average of 9.10%.
- The 3 year average ROIC (8.41%) for FOXF is well above the current ROIC(2.87%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.05% | ||
| ROE | -26.96% | ||
| ROIC | 2.87% |
ROA(3y)6.12%
ROA(5y)7.25%
ROE(3y)9.58%
ROE(5y)11.94%
ROIC(3y)8.41%
ROIC(5y)9.49%
1.3 Margins
- FOXF's Profit Margin has declined in the last couple of years.
- FOXF has a Operating Margin (3.88%) which is in line with its industry peers.
- FOXF's Operating Margin has declined in the last couple of years.
- FOXF has a better Gross Margin (30.37%) than 73.81% of its industry peers.
- In the last couple of years the Gross Margin of FOXF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.88% | ||
| PM (TTM) | N/A | ||
| GM | 30.37% |
OM growth 3Y-35.13%
OM growth 5Y-22.73%
PM growth 3Y-66.6%
PM growth 5Y-48.02%
GM growth 3Y-2.98%
GM growth 5Y-1.22%
2. Health
2.1 Basic Checks
- FOXF 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, FOXF has less shares outstanding
- The number of shares outstanding for FOXF has been increased compared to 5 years ago.
- Compared to 1 year ago, FOXF has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.05 indicates that FOXF is not a great score, but indicates only limited risk for bankruptcy at the moment.
- FOXF's Altman-Z score of 2.05 is in line compared to the rest of the industry. FOXF outperforms 42.86% of its industry peers.
- The Debt to FCF ratio of FOXF is 8.06, which is on the high side as it means it would take FOXF, 8.06 years of fcf income to pay off all of its debts.
- FOXF's Debt to FCF ratio of 8.06 is in line compared to the rest of the industry. FOXF outperforms 57.14% of its industry peers.
- A Debt/Equity ratio of 0.69 indicates that FOXF is somewhat dependend on debt financing.
- FOXF's Debt to Equity ratio of 0.69 is on the low side compared to the rest of the industry. FOXF is outperformed by 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 8.06 | ||
| Altman-Z | 2.05 |
ROIC/WACC0.28
WACC10.14%
2.3 Liquidity
- A Current Ratio of 2.98 indicates that FOXF has no problem at all paying its short term obligations.
- The Current ratio of FOXF (2.98) is better than 83.33% of its industry peers.
- FOXF has a Quick Ratio of 1.36. This is a normal value and indicates that FOXF is financially healthy and should not expect problems in meeting its short term obligations.
- FOXF has a better Quick ratio (1.36) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.98 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
- The earnings per share for FOXF have decreased strongly by -22.00% in the last year.
- Measured over the past years, FOXF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.27% on average per year.
- The Revenue has been growing slightly by 6.23% in the past year.
- FOXF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.17% yearly.
EPS 1Y (TTM)-22%
EPS 3Y-33.39%
EPS 5Y-13.27%
EPS Q2Q%-34.29%
Revenue 1Y (TTM)6.23%
Revenue growth 3Y2.38%
Revenue growth 5Y13.17%
Sales Q2Q%4.8%
3.2 Future
- FOXF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.37% yearly.
- FOXF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.94% yearly.
EPS Next Y-22.67%
EPS Next 2Y8.27%
EPS Next 3Y13.37%
EPS Next 5YN/A
Revenue Next Year6.89%
Revenue Next 2Y5.25%
Revenue Next 3Y4.94%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 16.09, FOXF is valued correctly.
- 61.90% of the companies in the same industry are more expensive than FOXF, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 28.60, FOXF is valued a bit cheaper.
- A Price/Forward Earnings ratio of 12.08 indicates a correct valuation of FOXF.
- The rest of the industry has a similar Price/Forward Earnings ratio as FOXF.
- FOXF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.09 | ||
| Fwd PE | 12.08 |
4.2 Price Multiples
- FOXF's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, FOXF is valued a bit cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.22 | ||
| EV/EBITDA | 9.63 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as FOXF's earnings are expected to grow with 13.37% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.27%
EPS Next 3Y13.37%
5. Dividend
5.1 Amount
- No dividends for FOXF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FOX FACTORY HOLDING CORP / FOXF FAQ
What is the ChartMill fundamental rating of FOX FACTORY HOLDING CORP (FOXF) stock?
ChartMill assigns a fundamental rating of 4 / 10 to FOXF.
What is the valuation status for FOXF stock?
ChartMill assigns a valuation rating of 4 / 10 to FOX FACTORY HOLDING CORP (FOXF). This can be considered as Fairly Valued.
What is the profitability of FOXF stock?
FOX FACTORY HOLDING CORP (FOXF) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for FOXF stock?
The Price/Earnings (PE) ratio for FOX FACTORY HOLDING CORP (FOXF) is 16.09 and the Price/Book (PB) ratio is 0.82.
Can you provide the expected EPS growth for FOXF stock?
The Earnings per Share (EPS) of FOX FACTORY HOLDING CORP (FOXF) is expected to decline by -22.67% in the next year.