18.49 USD
-0.34 (-1.81%)
18.49 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. FOXF has an average financial health and profitability rating. FOXF has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- FOXF had positive earnings in the past year.
- In the past year FOXF had a positive cash flow from operations.
- FOXF had positive earnings in each of the past 5 years.
- Each year in the past 5 years FOXF had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of -13.05%, FOXF is doing worse than 73.81% of the companies in the same industry.
- 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's Return On Invested Capital of 2.87% is in line compared to the rest of the industry. FOXF outperforms 47.62% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for FOXF 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
- In the last couple of years the Profit Margin of FOXF has declined.
- FOXF has a Operating Margin (3.88%) which is comparable to the rest of the industry.
- FOXF's Operating Margin has declined in the last couple of years.
- FOXF's Gross Margin of 30.37% is fine compared to the rest 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
- FOXF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- FOXF has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, FOXF has more shares outstanding
- Compared to 1 year ago, FOXF has an improved debt to assets ratio.
2.2 Solvency
- FOXF has an Altman-Z score of 2.04. This is not the best score and indicates that FOXF is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.04, FOXF perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
- 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.
- With a Debt to FCF ratio value of 8.06, FOXF perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
- FOXF has a Debt/Equity ratio of 0.69. This is a neutral value indicating FOXF is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.69, FOXF is doing worse than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 8.06 | ||
| Altman-Z | 2.04 |
ROIC/WACC0.28
WACC10.16%
2.3 Liquidity
- FOXF has a Current Ratio of 2.98. This indicates that FOXF is financially healthy and has no problem in meeting 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.
- 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
- 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.
- The Revenue has been growing by 13.17% on average over the past years. This is quite good.
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
- 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
- The Price/Earnings ratio is 15.80, which 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.
- Compared to an average S&P500 Price/Earnings ratio of 28.39, FOXF is valued a bit cheaper.
- A Price/Forward Earnings ratio of 11.86 indicates a reasonable valuation of FOXF.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FOXF is on the same level as its industry peers.
- FOXF is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.8 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as FOXF.
- 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 | 9.05 | ||
| EV/EBITDA | 9.53 |
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
- 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 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 15.8 and the Price/Book (PB) ratio is 0.81.
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.