HIBBETT INC (HIBB) Stock Fundamental Analysis
NASDAQ:HIBB - Nasdaq - US4285671016 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to HIBB. HIBB was compared to 121 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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.
In the past year HIBB had a positive cash flow from operations.
HIBB had positive earnings in each of the past 5 years.
HIBB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HIBB has a better Return On Assets (10.67%) than 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.
Looking at the Return On Invested Capital, with a value of 14.54%, HIBB belongs to the top of the industry, outperforming 83.20% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for HIBB is significantly above the industry average of 13.07%.
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's Profit Margin of 5.80% is fine compared to the rest 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.
The Operating Margin of HIBB (7.69%) is better than 77.60% of its industry peers.
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.
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.
The debt/assets ratio for HIBB is higher compared to a year ago.
2.2 Solvency
HIBB has an Altman-Z score of 5.73. This indicates that HIBB is financially healthy and has little risk of bankruptcy at the moment.
HIBB has a Altman-Z score of 5.73. This is amongst the best in the industry. HIBB outperforms 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.
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.
With a decent Debt to Equity ratio value of 0.02, HIBB is doing good in the industry, outperforming 73.60% of the companies in the same industry.
| 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.
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
HIBB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.07%.
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.
The Revenue has decreased by -1.10% in the past 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
Based on estimates for the next years, HIBB will show a small growth in Earnings Per Share. The EPS will grow by 6.14% on average per year.
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
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.
HIBB is valuated cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
HIBB is valuated reasonably with a Price/Forward Earnings ratio of 9.82.
81.60% of the companies in the same industry are more expensive than HIBB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, HIBB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
84.80% of the companies in the same industry are more expensive than HIBB, based on the Enterprise Value to EBITDA ratio.
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.
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
HIBB has a Yearly Dividend Yield of 1.14%. Purely for dividend investing, there may be better candidates out there.
HIBB's Dividend Yield is a higher than the industry average which is at 5.27.
Compared to an average S&P500 Dividend Yield of 2.42, HIBB's dividend is way lower than the S&P500 average.
| 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%
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-54.49%
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%