HIBBETT INC (HIBB)
US4285671016 - Common Stock
HIBB gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 122 industry peers in the Specialty Retail industry. HIBB has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. HIBB may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make HIBB suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year HIBB was profitable.
HIBB had a positive operating cash flow in the past year.
In the past 5 years HIBB has always been profitable.
HIBB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HIBB has a Return On Assets of 10.67%. This is amongst the best in the industry. HIBB outperforms 87.20% of its industry peers.
Looking at the Return On Equity, with a value of 22.31%, HIBB is in the better half of the industry, outperforming 79.20% of the companies in the same industry.
The Return On Invested Capital of HIBB (14.54%) is better than 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 12.03%.
The last Return On Invested Capital (14.54%) for HIBB is well below the 3 year average (23.25%), which needs to be investigated, but indicates that HIBB had better years and this may not be a problem.
| 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
HIBB has a Profit Margin of 5.80%. This is in the better half of the industry: HIBB outperforms 80.00% of its industry peers.
HIBB's Profit Margin has improved in the last couple of years.
HIBB has a Operating Margin of 7.69%. This is in the better half of the industry: HIBB outperforms 77.60% of its industry peers.
HIBB's Operating Margin has improved in the last couple of years.
HIBB's Gross Margin of 34.31% is in line compared to the rest of the industry. HIBB outperforms 44.80% of its industry peers.
In the last couple of years the Gross Margin of HIBB has remained more or less at the same level.
| 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
HIBB has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for HIBB has been reduced compared to 1 year ago.
The number of shares outstanding for HIBB has been reduced compared to 5 years ago.
HIBB has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.73 indicates that HIBB is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.73, HIBB belongs to the top 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.
HIBB has a better Debt to FCF ratio (0.06) than 87.20% of its industry peers.
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
A Current Ratio of 1.84 indicates that HIBB should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.84, HIBB is doing good in the industry, outperforming 76.00% of the companies in the same industry.
A Quick Ratio of 0.27 indicates that HIBB may have some problems paying its short term obligations.
With a Quick ratio value of 0.27, HIBB is not doing good in the industry: 76.80% of the companies in the same industry are doing better.
HIBB does not score too well on the current and quick ratio evaluation. However, as it has 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.
The Revenue is expected to grow by 49.40% on average over the next years. This is a very strong growth
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
Compared to the rest of the industry, the Price/Earnings ratio of HIBB indicates a rather cheap valuation: HIBB is cheaper than 84.80% of the companies listed in the same industry.
HIBB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.73.
Based on the Price/Forward Earnings ratio of 9.82, the valuation of HIBB can be described as reasonable.
Based on the Price/Forward Earnings ratio, HIBB is valued cheaply inside the industry as 81.60% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.83. HIBB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HIBB indicates a rather cheap valuation: HIBB is cheaper than 84.80% of the companies listed 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 an expensive valuation of the company.
HIBB has an outstanding profitability rating, which 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
HIBB has a Yearly Dividend Yield of 1.14%.
Compared to an average industry Dividend Yield of 3.43, 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 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
5.2 History
HIBB has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
HIBB pays out 12.15% of its income as dividend. This is a 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 Owners5.38%
Inst Owner Change-94.94%
Ins Owners2.81%
Ins Owner Change-117.21%
Market Cap1.05B
Analysts50.91
Price Target78.64 (-10.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
Dividend Growth(5Y)N/A
DP12.15%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.3%
Min EPS beat(2)-2.3%
Max EPS beat(2)-0.31%
EPS beat(4)2
Avg EPS beat(4)20.27%
Min EPS beat(4)-2.3%
Max EPS beat(4)70.32%
EPS beat(8)2
Avg EPS beat(8)3.48%
EPS beat(12)4
Avg EPS beat(12)9.17%
EPS beat(16)8
Avg EPS beat(16)34.84%
Revenue beat(2)0
Avg Revenue beat(2)-3.81%
Min Revenue beat(2)-4.2%
Max Revenue beat(2)-3.42%
Revenue beat(4)1
Avg Revenue beat(4)-2.07%
Min Revenue beat(4)-4.2%
Max Revenue beat(4)1.63%
Revenue beat(8)1
Avg Revenue beat(8)-2.96%
Revenue beat(12)3
Avg Revenue beat(12)0.28%
Revenue beat(16)6
Avg Revenue beat(16)3.66%
PT rev (1m)0%
PT rev (3m)3.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.82 | ||
| P/S | 0.61 | ||
| P/FCF | 6.79 | ||
| P/OCF | 5.07 | ||
| P/B | 2.34 | ||
| P/tB | 2.47 | ||
| EV/EBITDA | 5.58 |
EPS(TTM)8.12
EY9.28%
EPS(NY)8.91
Fwd EY10.19%
FCF(TTM)12.89
FCFY14.73%
OCF(TTM)17.25
OCFY19.72%
SpS143.98
BVpS37.43
TBVpS35.46
PEG (NY)8.19
PEG (5Y)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.67% | ||
| ROE | 22.31% | ||
| ROCE | 18.96% | ||
| ROIC | 14.54% | ||
| ROICexc | 15.16% | ||
| ROICexgc | 15.7% | ||
| OM | 7.69% | ||
| PM (TTM) | 5.8% | ||
| GM | 34.31% | ||
| FCFM | 8.95% |
ROA(3y)16.59%
ROA(5y)12.5%
ROE(3y)39.49%
ROE(5y)29.15%
ROIC(3y)23.25%
ROIC(5y)19.38%
ROICexc(3y)23.98%
ROICexc(5y)22.16%
ROICexgc(3y)25.02%
ROICexgc(5y)23.42%
ROCE(3y)30.93%
ROCE(5y)25.56%
ROICexcg growth 3Y-20.46%
ROICexcg growth 5Y6.08%
ROICexc growth 3Y-19.64%
ROICexc growth 5Y9.1%
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%
F-Score6
Asset Turnover1.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.06 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 103.7% | ||
| Cap/Sales | 3.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 112.84% | ||
| Profit Quality | 154.33% | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z | 5.73 |
F-Score6
WACC8.83%
ROIC/WACC1.65
Cap/Depr(3y)153.35%
Cap/Depr(5y)127.33%
Cap/Sales(3y)3.74%
Cap/Sales(5y)3.03%
Profit Quality(3y)40.23%
Profit Quality(5y)122.93%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.07%
EPS 3Y10.26%
EPS 5Y35.85%
EPS Q2Q%-2.55%
EPS Next Y1.32%
EPS Next 2Y4.32%
EPS Next 3Y6.14%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y6.79%
Revenue growth 5Y11.38%
Sales Q2Q%-1.83%
Revenue Next Year-0.62%
Revenue Next 2Y2.31%
Revenue Next 3Y49.4%
Revenue Next 5YN/A
EBIT growth 1Y-19.07%
EBIT growth 3Y-1.07%
EBIT growth 5Y25.51%
EBIT Next Year31.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y51431.7%
FCF growth 3Y-28%
FCF growth 5Y1.77%
OCF growth 1Y157.99%
OCF growth 3Y-15.64%
OCF growth 5Y10.09%