OXFORD INDUSTRIES INC (OXM) Stock Fundamental Analysis
NYSE:OXM - New York Stock Exchange, Inc. - US6914973093 - Common Stock - Currency: USD
Taking everything into account, OXM scores 5 out of 10 in our fundamental rating. OXM was compared to 49 industry peers in the Textiles, Apparel & Luxury Goods industry. OXM has an excellent profitability rating, but there are some minor concerns on its financial health. OXM has a valuation in line with the averages, but on the other hand it scores bad on growth. OXM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
OXM had positive earnings in the past year.
In the past year OXM had a positive cash flow from operations.
OXM had positive earnings in 4 of the past 5 years.
Each year in the past 5 years OXM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of OXM (6.03%) is better than 67.35% of its industry peers.
OXM has a better Return On Equity (13.64%) than 65.31% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.52%, OXM is in line with its industry, outperforming 55.10% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for OXM is above the industry average of 11.45%.
The 3 year average ROIC (15.61%) for OXM is well above the current ROIC(7.52%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.03% | ||
| ROE | 13.64% | ||
| ROIC | 7.52% |
ROA(3y)8.89%
ROA(5y)5.87%
ROE(3y)18.52%
ROE(5y)11.57%
ROIC(3y)15.61%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.35%, OXM is in the better half of the industry, outperforming 61.22% of the companies in the same industry.
OXM's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 6.80%, OXM perfoms like the industry average, outperforming 48.98% of the companies in the same industry.
OXM's Operating Margin has declined in the last couple of years.
OXM has a better Gross Margin (64.00%) than 85.71% of its industry peers.
In the last couple of years the Gross Margin of OXM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.8% | ||
| PM (TTM) | 5.35% | ||
| GM | 64% |
OM growth 3Y-18.64%
OM growth 5Y-1.8%
PM growth 3Y-18.91%
PM growth 5Y0.1%
GM growth 3Y-0.13%
GM growth 5Y1.79%
2. Health
2.1 Basic Checks
OXM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
OXM has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for OXM has been reduced compared to 5 years ago.
OXM has a better debt/assets ratio than last year.
2.2 Solvency
OXM has an Altman-Z score of 2.44. This is not the best score and indicates that OXM is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.44, OXM is not doing good in the industry: 67.35% of the companies in the same industry are doing better.
The Debt to FCF ratio of OXM is 10.30, which is on the high side as it means it would take OXM, 10.30 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 10.30, OXM perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
A Debt/Equity ratio of 0.20 indicates that OXM is not too dependend on debt financing.
OXM has a Debt to Equity ratio of 0.20. This is in the better half of the industry: OXM outperforms 67.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 10.3 | ||
| Altman-Z | 2.44 |
ROIC/WACC0.84
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.32 indicates that OXM should not have too much problems paying its short term obligations.
The Current ratio of OXM (1.32) is worse than 81.63% of its industry peers.
A Quick Ratio of 0.64 indicates that OXM may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.64, OXM is doing worse than 83.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The earnings per share for OXM have decreased strongly by -35.14% in the last year.
The Earnings Per Share has been growing by 9.09% on average over the past years. This is quite good.
The Revenue has decreased by -2.47% in the past year.
Measured over the past years, OXM shows a small growth in Revenue. The Revenue has been growing by 6.20% on average per year.
EPS 1Y (TTM)-35.14%
EPS 3Y-5.79%
EPS 5Y9.09%
EPS Q2Q%-31.58%
Revenue 1Y (TTM)-2.47%
Revenue growth 3Y9.92%
Revenue growth 5Y6.2%
Sales Q2Q%-1.34%
3.2 Future
OXM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.04% yearly.
OXM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.32% yearly.
EPS Next Y-57.04%
EPS Next 2Y-21.61%
EPS Next 3Y-8.04%
EPS Next 5YN/A
Revenue Next Year-0.07%
Revenue Next 2Y0.91%
Revenue Next 3Y1.32%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.02, the valuation of OXM can be described as very reasonable.
Based on the Price/Earnings ratio, OXM is valued cheaply inside the industry as 89.80% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.30. OXM is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.41, the valuation of OXM can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OXM indicates a somewhat cheap valuation: OXM is cheaper than 79.59% of the companies listed in the same industry.
OXM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.02 | ||
| Fwd PE | 11.41 |
4.2 Price Multiples
91.84% of the companies in the same industry are more expensive than OXM, based on the Enterprise Value to EBITDA ratio.
OXM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 61.03 | ||
| EV/EBITDA | 4.91 |
4.3 Compensation for Growth
OXM has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as OXM's earnings are expected to decrease with -8.04% in the coming years.
PEG (NY)N/A
PEG (5Y)0.88
EPS Next 2Y-21.61%
EPS Next 3Y-8.04%
5. Dividend
5.1 Amount
OXM has a Yearly Dividend Yield of 6.37%, which is a nice return.
Compared to an average industry Dividend Yield of 3.62, OXM pays a better dividend. On top of this OXM pays more dividend than 93.88% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, OXM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.37% |
5.2 History
The dividend of OXM is nicely growing with an annual growth rate of 12.76%!
OXM has been paying a dividend for at least 10 years, so it has a reliable track record.
OXM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)12.76%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
OXM pays out 52.75% of its income as dividend. This is a bit on the high side, but may be sustainable.
OXM's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP52.75%
EPS Next 2Y-21.61%
EPS Next 3Y-8.04%
46.92
-2.1 (-4.28%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners114.82%
Inst Owner Change0%
Ins Owners6.05%
Ins Owner Change8.17%
Market Cap697.70M
Analysts47.69
Price Target48.71 (3.82%)
Short Float %16.83%
Short Ratio4.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.37% |
Yearly Dividend2.7
Dividend Growth(5Y)12.76%
DP52.75%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.12%
Min EPS beat(2)-0.77%
Max EPS beat(2)7.01%
EPS beat(4)1
Avg EPS beat(4)-54.65%
Min EPS beat(4)-216.11%
Max EPS beat(4)7.01%
EPS beat(8)3
Avg EPS beat(8)-27.28%
EPS beat(12)6
Avg EPS beat(12)-15.96%
EPS beat(16)10
Avg EPS beat(16)12.33%
Revenue beat(2)2
Avg Revenue beat(2)0.9%
Min Revenue beat(2)0.7%
Max Revenue beat(2)1.09%
Revenue beat(4)2
Avg Revenue beat(4)-1.77%
Min Revenue beat(4)-5.12%
Max Revenue beat(4)1.09%
Revenue beat(8)2
Avg Revenue beat(8)-1.73%
Revenue beat(12)3
Avg Revenue beat(12)-1.13%
Revenue beat(16)7
Avg Revenue beat(16)0.41%
PT rev (1m)-6.37%
PT rev (3m)-17.2%
EPS NQ rev (1m)-47.34%
EPS NQ rev (3m)-59.57%
EPS NY rev (1m)-33.44%
EPS NY rev (3m)-58.21%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-5.11%
Revenue NY rev (1m)1.6%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.02 | ||
| Fwd PE | 11.41 | ||
| P/S | 0.46 | ||
| P/FCF | 61.03 | ||
| P/OCF | 4.44 | ||
| P/B | 1.18 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 4.91 |
EPS(TTM)5.85
EY12.47%
EPS(NY)4.11
Fwd EY8.76%
FCF(TTM)0.77
FCFY1.64%
OCF(TTM)10.56
OCFY22.52%
SpS101.63
BVpS39.84
TBVpS20.8
PEG (NY)N/A
PEG (5Y)0.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.03% | ||
| ROE | 13.64% | ||
| ROCE | 9.35% | ||
| ROIC | 7.52% | ||
| ROICexc | 7.57% | ||
| ROICexgc | 10.23% | ||
| OM | 6.8% | ||
| PM (TTM) | 5.35% | ||
| GM | 64% | ||
| FCFM | 0.76% |
ROA(3y)8.89%
ROA(5y)5.87%
ROE(3y)18.52%
ROE(5y)11.57%
ROIC(3y)15.61%
ROIC(5y)N/A
ROICexc(3y)15.75%
ROICexc(5y)N/A
ROICexgc(3y)25.33%
ROICexgc(5y)N/A
ROCE(3y)19.42%
ROCE(5y)N/A
ROICexcg growth 3Y-31.03%
ROICexcg growth 5Y-1.49%
ROICexc growth 3Y-28.76%
ROICexc growth 5Y-0.82%
OM growth 3Y-18.64%
OM growth 5Y-1.8%
PM growth 3Y-18.91%
PM growth 5Y0.1%
GM growth 3Y-0.13%
GM growth 5Y1.79%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 10.3 | ||
| Debt/EBITDA | 0.69 | ||
| Cap/Depr | 214.58% | ||
| Cap/Sales | 9.64% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.04% | ||
| Profit Quality | 14.15% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 2.44 |
F-Score6
WACC8.98%
ROIC/WACC0.84
Cap/Depr(3y)137.15%
Cap/Depr(5y)112.68%
Cap/Sales(3y)5.62%
Cap/Sales(5y)4.7%
Profit Quality(3y)130.77%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.14%
EPS 3Y-5.79%
EPS 5Y9.09%
EPS Q2Q%-31.58%
EPS Next Y-57.04%
EPS Next 2Y-21.61%
EPS Next 3Y-8.04%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.47%
Revenue growth 3Y9.92%
Revenue growth 5Y6.2%
Sales Q2Q%-1.34%
Revenue Next Year-0.07%
Revenue Next 2Y0.91%
Revenue Next 3Y1.32%
Revenue Next 5YN/A
EBIT growth 1Y-38.86%
EBIT growth 3Y-10.58%
EBIT growth 5Y4.29%
EBIT Next Year15.19%
EBIT Next 3Y9.22%
EBIT Next 5YN/A
FCF growth 1Y-88.75%
FCF growth 3Y-28.86%
FCF growth 5Y-6.68%
OCF growth 1Y0.9%
OCF growth 3Y-0.67%
OCF growth 5Y9.74%