HIBBETT INC (HIBB) Stock Fundamental Analysis
NASDAQ:HIBB - Nasdaq - US4285671016 - Common Stock - Currency: USD
Overall HIBB gets a fundamental rating of 7 out of 10. We evaluated HIBB against 119 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
HIBB had positive earnings in the past year.
In the past year HIBB had a positive cash flow from operations.
HIBB had positive earnings in each of the past 5 years.
Each year in the past 5 years HIBB had a positive operating cash flow.
1.2 Ratios
The Return On Assets of HIBB (10.67%) is better than 87.20% of its industry peers.
With a decent Return On Equity value of 22.31%, HIBB is doing good in 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.
The Average Return On Invested Capital over the past 3 years for HIBB is significantly above the industry average of 12.39%.
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
With a decent Profit Margin value of 5.80%, HIBB is doing good in the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Profit Margin of HIBB has grown nicely.
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.
In the last couple of years the Operating Margin of HIBB has grown nicely.
HIBB has a Gross Margin (34.31%) which is comparable to the rest of the industry.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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.
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.
HIBB has a better Altman-Z score (5.73) than 91.20% of its industry peers.
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's Debt to FCF ratio of 0.06 is amongst the best of the industry. HIBB outperforms 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.
HIBB has a Current ratio of 1.84. This is in the better half of the industry: HIBB outperforms 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.
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.
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.
HIBB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.85% yearly.
Looking at the last year, HIBB shows a decrease in Revenue. The Revenue has decreased by -1.10% in the last year.
Measured over the past years, HIBB shows a quite strong growth in Revenue. The Revenue has been growing by 11.38% on average per year.
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
HIBB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.14% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
The Price/Earnings ratio is 10.77, which indicates a very decent valuation of HIBB.
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 28.51. HIBB is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.82, which indicates a very decent 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.
When comparing the Price/Forward Earnings ratio of HIBB to the average of the S&P500 Index (93.88), we can say HIBB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
HIBB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HIBB is 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 3.19, 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 2.27.
| 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
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 Change0%
Ins Owners2.81%
Ins Owner Change0%
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% |
Yearly Dividend1.01
Dividend Growth(5Y)N/A
DP12.15%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
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%