QVC GROUP INC - QVCGA 8 03/15/31 (QVCGP) Stock Fundamental Analysis
NASDAQ:QVCGP - Nasdaq - US74915M3088 - Currency: USD
We assign a fundamental rating of 3 out of 10 to QVCGP. QVCGP was compared to 31 industry peers in the Broadline Retail industry. QVCGP may be in some trouble as it scores bad on both profitability and health. QVCGP is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
QVCGP had negative earnings in the past year.
QVCGP had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: QVCGP reported negative net income in multiple years.
QVCGP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of QVCGP (-13.96%) is worse than 83.87% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.34%, QVCGP is in the better half of the industry, outperforming 67.74% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for QVCGP is significantly below the industry average of 11.80%.
The 3 year average ROIC (6.08%) for QVCGP is below the current ROIC(8.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.96% | ||
| ROE | N/A | ||
| ROIC | 8.34% |
ROA(3y)-11.96%
ROA(5y)-5.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.08%
ROIC(5y)7.61%
1.3 Margins
Looking at the Operating Margin, with a value of 6.85%, QVCGP is in line with its industry, outperforming 58.06% of the companies in the same industry.
In the last couple of years the Operating Margin of QVCGP has declined.
With a Gross Margin value of 35.00%, QVCGP is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of QVCGP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.85% | ||
| PM (TTM) | N/A | ||
| GM | 35% |
OM growth 3Y-13.18%
OM growth 5Y-7.35%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.7%
GM growth 5Y0.66%
2. Health
2.1 Basic Checks
QVCGP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, QVCGP has more shares outstanding
Compared to 5 years ago, QVCGP has less shares outstanding
The debt/assets ratio for QVCGP is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.89 indicates that QVCGP is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.89, QVCGP perfoms like the industry average, outperforming 51.61% of the companies in the same industry.
QVCGP has a debt to FCF ratio of 19.14. This is a negative value and a sign of low solvency as QVCGP would need 19.14 years to pay back of all of its debts.
QVCGP has a Debt to FCF ratio (19.14) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 19.14 | ||
| Altman-Z | 1.89 |
ROIC/WACC0.86
WACC9.72%
2.3 Liquidity
A Current Ratio of 1.21 indicates that QVCGP should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.21, QVCGP is doing worse than 70.97% of the companies in the same industry.
A Quick Ratio of 0.82 indicates that QVCGP may have some problems paying its short term obligations.
QVCGP's Quick ratio of 0.82 is on the low side compared to the rest of the industry. QVCGP is outperformed by 77.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The earnings per share for QVCGP have decreased strongly by -800.89% in the last year.
Looking at the last year, QVCGP shows a decrease in Revenue. The Revenue has decreased by -8.04% in the last year.
The Revenue has been decreasing by -5.70% on average over the past years.
EPS 1Y (TTM)-800.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-374.71%
Revenue 1Y (TTM)-8.04%
Revenue growth 3Y-10.59%
Revenue growth 5Y-5.7%
Sales Q2Q%-6.33%
3.2 Future
The Earnings Per Share is expected to grow by 36.65% on average over the next years. This is a very strong growth
QVCGP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.29% yearly.
EPS Next Y75.52%
EPS Next 2Y36.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.02%
Revenue Next 2Y-0.29%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
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 negative for QVCGP. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 44.48, the valuation of QVCGP can be described as expensive.
QVCGP's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of QVCGP to the average of the S&P500 Index (21.20), we can say QVCGP is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 44.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, QVCGP is valued a bit cheaper than 64.52% of the companies in the same industry.
QVCGP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.72 | ||
| EV/EBITDA | 15.26 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as QVCGP's earnings are expected to grow with 36.65% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.65%
EPS Next 3YN/A
5. Dividend
5.1 Amount
QVCGP has a Yearly Dividend Yield of 31.06%, which is a nice return.
Compared to an average industry Dividend Yield of 5.98, QVCGP pays a better dividend. On top of this QVCGP pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, QVCGP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 31.06% |
5.2 History
QVCGP has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
QVCGP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-0.31%
EPS Next 2Y36.65%
EPS Next 3YN/A
27.26
-0.04 (-0.15%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners53.6%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap10.99B
Analysts40
Price TargetN/A
Short Float %0.06%
Short Ratio2.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 31.06% |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP-0.31%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-6.1%
Min Revenue beat(2)-6.33%
Max Revenue beat(2)-5.86%
Revenue beat(4)0
Avg Revenue beat(4)-5.56%
Min Revenue beat(4)-6.33%
Max Revenue beat(4)-4.86%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 44.48 | ||
| P/S | 1.1 | ||
| P/FCF | 33.72 | ||
| P/OCF | 20.94 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.26 |
EPS(TTM)-3.33
EYN/A
EPS(NY)0.61
Fwd EY2.25%
FCF(TTM)0.81
FCFY2.97%
OCF(TTM)1.3
OCFY4.78%
SpS24.89
BVpS-2.41
TBVpS-14.16
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.96% | ||
| ROE | N/A | ||
| ROCE | 10.55% | ||
| ROIC | 8.34% | ||
| ROICexc | 9.68% | ||
| ROICexgc | 62.12% | ||
| OM | 6.85% | ||
| PM (TTM) | N/A | ||
| GM | 35% | ||
| FCFM | 3.25% |
ROA(3y)-11.96%
ROA(5y)-5.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.08%
ROIC(5y)7.61%
ROICexc(3y)7.03%
ROICexc(5y)8.42%
ROICexgc(3y)43.81%
ROICexgc(5y)72.07%
ROCE(3y)7.7%
ROCE(5y)9.63%
ROICexcg growth 3Y-12.14%
ROICexcg growth 5Y2.37%
ROICexc growth 3Y-1.73%
ROICexc growth 5Y2.76%
OM growth 3Y-13.18%
OM growth 5Y-7.35%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.7%
GM growth 5Y0.66%
F-Score4
Asset Turnover1.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 19.14 | ||
| Debt/EBITDA | 5.02 | ||
| Cap/Depr | 51.96% | ||
| Cap/Sales | 1.98% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 49.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.89 |
F-Score4
WACC9.72%
ROIC/WACC0.86
Cap/Depr(3y)54.73%
Cap/Depr(5y)51.07%
Cap/Sales(3y)2.1%
Cap/Sales(5y)1.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-800.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-374.71%
EPS Next Y75.52%
EPS Next 2Y36.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.04%
Revenue growth 3Y-10.59%
Revenue growth 5Y-5.7%
Sales Q2Q%-6.33%
Revenue Next Year-1.02%
Revenue Next 2Y-0.29%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y12.05%
EBIT growth 3Y-22.38%
EBIT growth 5Y-12.63%
EBIT Next Year56.77%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-52.69%
FCF growth 3Y-30.73%
FCF growth 5Y-19.41%
OCF growth 1Y-42.87%
OCF growth 3Y-24.61%
OCF growth 5Y-16.38%