Skechers USA (SKX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SKX - US8305661055 - Common Stock
63.13 USD
-0.07 (-0.11%)
63.1701 USD
+0.04 (+0.06%)
SKX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 45 industry peers in the Textiles, Apparel & Luxury Goods industry. SKX has an excellent profitability rating, but there are some minor concerns on its financial health. SKX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- SKX had positive earnings in the past year.
- In the past year SKX had a positive cash flow from operations.
- SKX had positive earnings in each of the past 5 years.
- In the past 5 years SKX always reported a positive cash flow from operatings.
1.2 Ratios
- SKX has a better Return On Assets (7.17%) than 81.63% of its industry peers.
- SKX has a Return On Equity of 13.94%. This is in the better half of the industry: SKX outperforms 67.35% of its industry peers.
- SKX has a better Return On Invested Capital (9.63%) than 65.31% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for SKX is in line with the industry average of 11.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.17% | ||
| ROE | 13.94% | ||
| ROIC | 9.63% |
ROA(3y)6.74%
ROA(5y)6.66%
ROE(3y)12.99%
ROE(5y)13.14%
ROIC(3y)10.44%
ROIC(5y)8.75%
1.3 Margins
- Looking at the Profit Margin, with a value of 7.07%, SKX belongs to the top of the industry, outperforming 83.67% of the companies in the same industry.
- In the last couple of years the Profit Margin of SKX has remained more or less at the same level.
- The Operating Margin of SKX (8.89%) is better than 73.47% of its industry peers.
- In the last couple of years the Operating Margin of SKX has remained more or less at the same level.
- SKX's Gross Margin of 52.67% is in line compared to the rest of the industry. SKX outperforms 59.18% of its industry peers.
- In the last couple of years the Gross Margin of SKX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.89% | ||
| PM (TTM) | 7.07% | ||
| GM | 52.67% |
OM growth 3Y2.07%
OM growth 5Y0.3%
PM growth 3Y-15.34%
PM growth 5Y1.43%
GM growth 3Y2.39%
GM growth 5Y2.18%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SKX is creating some value.
- SKX has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, SKX has less shares outstanding
- SKX has a worse debt/assets ratio than last year.
2.2 Solvency
- SKX has an Altman-Z score of 3.63. This indicates that SKX is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of SKX (3.63) is better than 67.35% of its industry peers.
- The Debt to FCF ratio of SKX is 9.25, which is on the high side as it means it would take SKX, 9.25 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of SKX (9.25) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.06 indicates that SKX is not too dependend on debt financing.
- SKX has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. SKX outperforms 83.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 3.63 |
ROIC/WACC0.93
WACC10.4%
2.3 Liquidity
- SKX has a Current Ratio of 2.09. This indicates that SKX is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.09, SKX is in line with its industry, outperforming 59.18% of the companies in the same industry.
- SKX has a Quick Ratio of 1.29. This is a normal value and indicates that SKX is financially healthy and should not expect problems in meeting its short term obligations.
- SKX's Quick ratio of 1.29 is fine compared to the rest of the industry. SKX outperforms 63.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 17.43% over the past year.
- SKX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.92% yearly.
- The Revenue has grown by 12.11% in the past year. This is quite good.
- The Revenue has been growing by 11.43% on average over the past years. This is quite good.
EPS 1Y (TTM)17.43%
EPS 3Y16.13%
EPS 5Y12.92%
EPS Q2Q%24.18%
Revenue 1Y (TTM)12.11%
Revenue growth 3Y12.44%
Revenue growth 5Y11.43%
Sales Q2Q%13.09%
3.2 Future
- SKX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.23% yearly.
- Based on estimates for the next years, SKX will show a small growth in Revenue. The Revenue will grow by 7.61% on average per year.
EPS Next Y-9.59%
EPS Next 2Y-4.64%
EPS Next 3Y1.79%
EPS Next 5Y9.23%
Revenue Next Year7.85%
Revenue Next 2Y7.87%
Revenue Next 3Y6.66%
Revenue Next 5Y7.61%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 14.41, SKX is valued correctly.
- 73.47% of the companies in the same industry are more expensive than SKX, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 26.94, SKX is valued a bit cheaper.
- A Price/Forward Earnings ratio of 16.73 indicates a correct valuation of SKX.
- SKX's Price/Forward Earnings ratio is in line with the industry average.
- SKX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.41 | ||
| Fwd PE | 16.73 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SKX indicates a somewhat cheap valuation: SKX is cheaper than 65.31% of the companies listed in the same industry.
- SKX's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. SKX is more expensive than 63.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 150.22 | ||
| EV/EBITDA | 7.79 |
4.3 Compensation for Growth
- SKX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.12
EPS Next 2Y-4.64%
EPS Next 3Y1.79%
5. Dividend
5.1 Amount
- SKX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
63.13
-0.07 (-0.11%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)08-08 2025-08-08/amc
Earnings (Next)10-22 2025-10-22/amc
Inst Owners98.53%
Inst Owner Change-0.47%
Ins Owners0.67%
Ins Owner Change-170.13%
Market Cap9.49B
Revenue(TTM)9.41B
Net Income(TTM)665.48M
Analysts67.37
Price Target63.34 (0.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.57%
Min EPS beat(2)13.02%
Max EPS beat(2)34.11%
EPS beat(4)3
Avg EPS beat(4)10.4%
Min EPS beat(4)-13.85%
Max EPS beat(4)34.11%
EPS beat(8)6
Avg EPS beat(8)9.07%
EPS beat(12)9
Avg EPS beat(12)18.82%
EPS beat(16)12
Avg EPS beat(16)15.96%
Revenue beat(2)1
Avg Revenue beat(2)0.57%
Min Revenue beat(2)-1.69%
Max Revenue beat(2)2.82%
Revenue beat(4)2
Avg Revenue beat(4)0.13%
Min Revenue beat(4)-1.69%
Max Revenue beat(4)2.82%
Revenue beat(8)3
Avg Revenue beat(8)-1.08%
Revenue beat(12)7
Avg Revenue beat(12)0.85%
Revenue beat(16)10
Avg Revenue beat(16)1.32%
PT rev (1m)-0.12%
PT rev (3m)-0.22%
EPS NQ rev (1m)-7.61%
EPS NQ rev (3m)-4.01%
EPS NY rev (1m)0%
EPS NY rev (3m)4.33%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.41 | ||
| Fwd PE | 16.73 | ||
| P/S | 1.01 | ||
| P/FCF | 150.22 | ||
| P/OCF | 14.8 | ||
| P/B | 1.99 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 7.79 |
EPS(TTM)4.38
EY6.94%
EPS(NY)3.77
Fwd EY5.98%
FCF(TTM)0.42
FCFY0.67%
OCF(TTM)4.27
OCFY6.76%
SpS62.63
BVpS31.78
TBVpS31.09
PEG (NY)N/A
PEG (5Y)1.12
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.17% | ||
| ROE | 13.94% | ||
| ROCE | 12.02% | ||
| ROIC | 9.63% | ||
| ROICexc | 12.15% | ||
| ROICexgc | 12.38% | ||
| OM | 8.89% | ||
| PM (TTM) | 7.07% | ||
| GM | 52.67% | ||
| FCFM | 0.67% |
ROA(3y)6.74%
ROA(5y)6.66%
ROE(3y)12.99%
ROE(5y)13.14%
ROIC(3y)10.44%
ROIC(5y)8.75%
ROICexc(3y)12.86%
ROICexc(5y)10.88%
ROICexgc(3y)13.12%
ROICexgc(5y)11.12%
ROCE(3y)12.76%
ROCE(5y)10.69%
ROICexgc growth 3Y7.76%
ROICexgc growth 5Y-0.63%
ROICexc growth 3Y7.89%
ROICexc growth 5Y-1.01%
OM growth 3Y2.07%
OM growth 5Y0.3%
PM growth 3Y-15.34%
PM growth 5Y1.43%
GM growth 3Y2.39%
GM growth 5Y2.18%
F-Score4
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 9.25 | ||
| Debt/EBITDA | 0.25 | ||
| Cap/Depr | 252.38% | ||
| Cap/Sales | 6.14% | ||
| Interest Coverage | 30.18 | ||
| Cash Conversion | 60.14% | ||
| Profit Quality | 9.49% | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 3.63 |
F-Score4
WACC10.4%
ROIC/WACC0.93
Cap/Depr(3y)202.85%
Cap/Depr(5y)209.49%
Cap/Sales(3y)4.51%
Cap/Sales(5y)5.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.43%
EPS 3Y16.13%
EPS 5Y12.92%
EPS Q2Q%24.18%
EPS Next Y-9.59%
EPS Next 2Y-4.64%
EPS Next 3Y1.79%
EPS Next 5Y9.23%
Revenue 1Y (TTM)12.11%
Revenue growth 3Y12.44%
Revenue growth 5Y11.43%
Sales Q2Q%13.09%
Revenue Next Year7.85%
Revenue Next 2Y7.87%
Revenue Next 3Y6.66%
Revenue Next 5Y7.61%
EBIT growth 1Y-1.38%
EBIT growth 3Y14.77%
EBIT growth 5Y11.77%
EBIT Next Year8.09%
EBIT Next 3Y8.95%
EBIT Next 5Y15.37%
FCF growth 1Y-80.01%
FCF growth 3YN/A
FCF growth 5Y7.27%
OCF growth 1Y-2.7%
OCF growth 3Y47.97%
OCF growth 5Y10.01%
Skechers USA / SKX FAQ
What is the ChartMill fundamental rating of Skechers USA (SKX) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SKX.
Can you provide the valuation status for Skechers USA?
ChartMill assigns a valuation rating of 4 / 10 to Skechers USA (SKX). This can be considered as Fairly Valued.
How profitable is Skechers USA (SKX) stock?
Skechers USA (SKX) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for SKX stock?
The Price/Earnings (PE) ratio for Skechers USA (SKX) is 14.41 and the Price/Book (PB) ratio is 1.99.
What is the expected EPS growth for Skechers USA (SKX) stock?
The Earnings per Share (EPS) of Skechers USA (SKX) is expected to decline by -9.59% in the next year.