19.08 USD
-0.23 (-1.19%)
19.08 USD
0 (0%)
Overall FOXF gets a fundamental rating of 4 out of 10. We evaluated FOXF against 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year FOXF was profitable.
- 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
- With a Return On Assets value of -13.05%, FOXF is not doing good in the industry: 73.81% of the companies in the same industry are doing better.
- FOXF has a Return On Equity of -26.96%. This is in the lower half of the industry: FOXF underperforms 66.67% of its industry peers.
- FOXF has a Return On Invested Capital (2.87%) which is comparable to the rest of the industry.
- 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 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 of 3.88%. This is comparable to the rest of the industry: FOXF outperforms 50.00% of its industry peers.
- In the last couple of years the Operating Margin of FOXF has declined.
- With a decent Gross Margin value of 30.37%, FOXF is doing good in the industry, outperforming 73.81% of the companies in the same industry.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FOXF is destroying value.
- The number of shares outstanding for FOXF has been reduced compared to 1 year ago.
- 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 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.
- The Debt to FCF ratio of FOXF (8.06) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.69 indicates that FOXF is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.69, FOXF is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 8.06 | ||
| Altman-Z | 2.05 |
ROIC/WACC0.29
WACC9.81%
2.3 Liquidity
- A Current Ratio of 2.98 indicates that FOXF has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 2.98, FOXF belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- 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's Quick ratio of 1.36 is fine compared to the rest 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
- FOXF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.00%.
- FOXF shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.27% yearly.
- 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
- The Earnings Per Share is expected to grow by 13.37% on average over the next years. This is quite good.
- 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
- 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
- A Price/Earnings ratio of 16.31 indicates a correct valuation of FOXF.
- FOXF's Price/Earnings ratio is a bit cheaper when compared to the industry. FOXF is cheaper than 61.90% of the companies in the same industry.
- FOXF is valuated rather cheaply when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 12.24, which indicates a correct valuation of FOXF.
- Based on the Price/Forward Earnings ratio, FOXF is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
- FOXF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.31 | ||
| Fwd PE | 12.24 |
4.2 Price Multiples
- FOXF's Enterprise Value to EBITDA is on the same level as the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FOXF indicates a somewhat cheap valuation: FOXF is cheaper than 73.81% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.34 | ||
| EV/EBITDA | 9.6 |
4.3 Compensation for Growth
- FOXF's earnings are expected to grow with 13.37% in the coming years. This may justify a more expensive valuation.
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 5 / 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 16.31 and the Price/Book (PB) ratio is 0.83.
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.