19.31 USD
+0.09 (+0.47%)
19.26 USD
-0.05 (-0.26%)
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. FOXF has only an average score on both its financial health and profitability. FOXF has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- FOXF had positive earnings in the past year.
- FOXF had a positive operating cash flow in the past year.
- Each year in the past 5 years FOXF has been profitable.
- FOXF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FOXF has a worse Return On Assets (-13.05%) than 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 (2.87%) which is in line with its industry peers.
- FOXF had an Average Return On Invested Capital over the past 3 years of 8.41%. This is in line with the industry average of 9.10%.
- The last Return On Invested Capital (2.87%) for FOXF is well below the 3 year average (8.41%), which needs to be investigated, but indicates that FOXF had better years and this may not be a problem.
| 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's Operating Margin of 3.88% is in line compared to the rest of the industry. FOXF outperforms 50.00% of its industry peers.
- FOXF's Operating Margin has declined in the last couple of years.
- FOXF has a Gross Margin of 30.37%. This is in the better half of the industry: FOXF outperforms 73.81% of its industry peers.
- FOXF's Gross Margin has been stable in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FOXF is destroying value.
- Compared to 1 year ago, FOXF has less shares outstanding
- Compared to 5 years ago, FOXF has more shares outstanding
- FOXF has a better debt/assets ratio than last year.
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 47.62% of its industry peers.
- FOXF has a debt to FCF ratio of 8.06. This is a slightly negative value and a sign of low solvency as FOXF would need 8.06 years to pay back of all of its debts.
- FOXF has a Debt to FCF ratio (8.06) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.69 indicates that FOXF is somewhat dependend on debt financing.
- FOXF has a worse Debt to Equity ratio (0.69) than 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
WACC10.15%
2.3 Liquidity
- A Current Ratio of 2.98 indicates that FOXF has no problem at all paying its short term obligations.
- FOXF has a Current ratio of 2.98. This is amongst the best in the industry. FOXF outperforms 83.33% of its industry peers.
- A Quick Ratio of 1.36 indicates that FOXF should not have too much problems paying its short term obligations.
- FOXF has a Quick ratio of 1.36. This is in the better half of the industry: FOXF outperforms 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.
- FOXF shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.27% yearly.
- FOXF shows a small growth in Revenue. In the last year, the Revenue has grown by 6.23%.
- Measured over the past years, FOXF shows a quite strong growth in Revenue. The Revenue has been growing by 13.17% on average per year.
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.
- The Revenue is expected to grow by 4.94% on average over the next years.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- Based on the Price/Earnings ratio of 16.50, the valuation of FOXF can be described as correct.
- Based on the Price/Earnings ratio, FOXF is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.32, FOXF is valued a bit cheaper.
- A Price/Forward Earnings ratio of 12.39 indicates a correct valuation of FOXF.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FOXF indicates a somewhat cheap valuation: FOXF is cheaper than 64.29% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.32. FOXF is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.5 | ||
| Fwd PE | 12.39 |
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 | 9.46 | ||
| EV/EBITDA | 9.64 |
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
- FOXF does not give a dividend.
| 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 16.5 and the Price/Book (PB) ratio is 0.84.
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.