HIBBETT INC (HIBB) Stock Fundamental Analysis
USA - NASDAQ:HIBB - US4285671016 - Common Stock
87.49 USD
+0.01 (+0.01%)
87.48 USD
-0.01 (-0.01%)
HIBB gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 121 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 With these ratings, HIBB could be worth investigating further 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.
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
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.
The Return On Equity of HIBB (22.31%) is better than 79.20% of its industry peers.
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 12.16%.
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.
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.
HIBB's Operating Margin has improved in the last couple of years.
HIBB has a Gross Margin of 34.31%. This is comparable 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
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
Compared to 5 years ago, HIBB has less shares outstanding
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.
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.
HIBB has a debt to FCF ratio of 0.06. This is a very positive value and a sign of high solvency as it would only need 0.06 years to pay back of all of its debts.
HIBB has a Debt to FCF ratio of 0.06. This is amongst the best in 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.
HIBB has a Debt to Equity ratio of 0.02. This is in the better half of the industry: HIBB outperforms 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.
The Current ratio of HIBB (1.84) is better than 76.00% of its industry peers.
A Quick Ratio of 0.27 indicates that HIBB may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.27, HIBB is doing worse than 76.80% of the companies in the same industry.
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.
The Earnings Per Share has been growing by 35.85% on average over the past years. This is a very strong growth
Looking at the last year, HIBB shows a decrease in Revenue. The Revenue has decreased by -1.10% in the last year.
HIBB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.38% yearly.
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.
Based on estimates for the next years, HIBB will show a very strong growth in Revenue. The Revenue will grow by 49.40% on average per year.
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.
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
A Price/Earnings ratio of 10.77 indicates a reasonable valuation of HIBB.
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.
Compared to an average S&P500 Price/Earnings ratio of 27.20, HIBB is valued rather cheaply.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, 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 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%.
HIBB's Dividend Yield is a higher than the industry average which is at 5.21.
With a Dividend Yield of 1.14, HIBB pays less dividend than the S&P500 average, which is at 2.38.
| 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%
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%