HIBBETT INC (HIBB)
US4285671016 - Common Stock
Taking everything into account, HIBB scores 7 out of 10 in our fundamental rating. HIBB was compared to 123 industry peers in the Specialty Retail industry. Both the health and profitability get an excellent rating, making HIBB a very profitable company, without any liquidiy or solvency issues. HIBB may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make HIBB a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
In the past year HIBB was profitable.
In the past year HIBB had a positive cash flow from operations.
HIBB had positive earnings in each of the past 5 years.
In the past 5 years HIBB always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 10.67%, HIBB belongs to the best of the industry, outperforming 87.20% of the companies in the same industry.
HIBB has a better Return On Equity (22.31%) than 79.20% of its industry peers.
HIBB's Return On Invested Capital of 14.54% is amongst the best of the industry. HIBB outperforms 83.20% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HIBB is significantly above the industry average of 12.26%.
The 3 year average ROIC (23.25%) for HIBB is well above the current ROIC(14.54%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.67% | ||
| ROE | 22.31% | ||
| ROIC | 14.54% |
ROA(3y)16.59%
ROA(5y)12.5%
ROE(3y)39.49%
ROE(5y)29.15%
ROIC(3y)23.25%
ROIC(5y)19.38%
1.3 Margins
Looking at the Profit Margin, with a value of 5.80%, HIBB is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
HIBB's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 7.69%, HIBB is in the better half of the industry, outperforming 77.60% of the companies in the same industry.
HIBB's Operating Margin has improved in the last couple of years.
The Gross Margin of HIBB (34.31%) is comparable to the rest of the industry.
HIBB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.69% | ||
| PM (TTM) | 5.8% | ||
| GM | 34.31% |
OM growth 3Y-7.36%
OM growth 5Y12.69%
PM growth 3Y4.47%
PM growth 5Y16.21%
GM growth 3Y-1.89%
GM growth 5Y0.6%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so HIBB is creating value.
Compared to 1 year ago, HIBB has less shares outstanding
HIBB has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, HIBB has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.73 indicates that HIBB is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 5.73, HIBB belongs to the best of the industry, outperforming 91.20% of the companies in the same industry.
The Debt to FCF ratio of HIBB is 0.06, which is an excellent value as it means it would take HIBB, only 0.06 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.06, HIBB belongs to the best of the industry, outperforming 87.20% of the companies in the same industry.
HIBB has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HIBB (0.02) is better than 73.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.06 | ||
| Altman-Z | 5.73 |
ROIC/WACC1.65
WACC8.83%
2.3 Liquidity
HIBB has a Current Ratio of 1.84. This is a normal value and indicates that HIBB is financially healthy and should not expect problems in meeting its short term obligations.
HIBB has a better Current ratio (1.84) than 76.00% of its industry peers.
HIBB has a Quick Ratio of 1.84. This is a bad value and indicates that HIBB is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of HIBB (0.27) is worse than 76.80% of its industry peers.
The current and quick ratio evaluation for HIBB is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
The earnings per share for HIBB have decreased strongly by -14.07% in the last year.
Measured over the past years, HIBB shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.85% on average per year.
Looking at the last year, HIBB shows a decrease in Revenue. The Revenue has decreased by -1.10% in the last year.
The Revenue has been growing by 11.38% on average over the past years. This is quite good.
EPS 1Y (TTM)-14.07%
EPS 3Y10.26%
EPS 5Y35.85%
EPS Q2Q%-2.55%
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y6.79%
Revenue growth 5Y11.38%
Sales Q2Q%-1.83%
3.2 Future
The Earnings Per Share is expected to grow by 6.14% on average over the next years.
HIBB is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 49.40% yearly.
EPS Next Y1.32%
EPS Next 2Y4.32%
EPS Next 3Y6.14%
EPS Next 5YN/A
Revenue Next Year-0.62%
Revenue Next 2Y2.31%
Revenue Next 3Y49.4%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.77, the valuation of HIBB can be described as reasonable.
Based on the Price/Earnings ratio, HIBB is valued cheaply inside the industry as 84.80% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.65. HIBB is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.82 indicates a reasonable valuation of HIBB.
Based on the Price/Forward Earnings ratio, HIBB is valued cheaply inside the industry as 81.60% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.56, HIBB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HIBB is valued cheaper than 84.80% of the companies in the same industry.
91.20% of the companies in the same industry are more expensive than HIBB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.79 | ||
| EV/EBITDA | 5.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HIBB does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of HIBB may justify a higher PE ratio.
PEG (NY)8.19
PEG (5Y)0.3
EPS Next 2Y4.32%
EPS Next 3Y6.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.14%, HIBB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.09, HIBB pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.14, HIBB pays less dividend than the S&P500 average, which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
5.2 History
HIBB has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
12.15% of the earnings are spent on dividend by HIBB. This is a low number and sustainable payout ratio.
DP12.15%
EPS Next 2Y4.32%
EPS Next 3Y6.14%
HIBBETT INC
NASDAQ:HIBB (7/24/2024, 8:03:33 PM)
After market: 87.48 -0.01 (-0.01%)87.49
+0.01 (+0.01%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.05B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.82 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)8.19
PEG (5Y)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.67% | ||
| ROE | 22.31% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.69% | ||
| PM (TTM) | 5.8% | ||
| GM | 34.31% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.84 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-14.07%
EPS 3Y10.26%
EPS 5Y
EPS Q2Q%
EPS Next Y1.32%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y6.79%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y