UNDER ARMOUR INC-CLASS C (UA) Stock Fundamental Analysis
NYSE:UA - New York Stock Exchange, Inc. - US9043112062 - Common Stock - Currency: USD
Taking everything into account, UA scores 3 out of 10 in our fundamental rating. UA was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. UA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. UA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
UA had positive earnings in the past year.
UA had a positive operating cash flow in the past year.
UA had positive earnings in 4 of the past 5 years.
UA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
UA has a Return On Assets of -2.75%. This is in the lower half of the industry: UA underperforms 61.22% of its industry peers.
The Return On Equity of UA (-6.41%) is worse than 61.22% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.19%, UA is in line with its industry, outperforming 53.06% of the companies in the same industry.
UA had an Average Return On Invested Capital over the past 3 years of 8.56%. This is below the industry average of 11.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.75% | ||
| ROE | -6.41% | ||
| ROIC | 6.19% |
ROA(3y)6.61%
ROA(5y)2.17%
ROE(3y)15.69%
ROE(5y)3.72%
ROIC(3y)8.56%
ROIC(5y)N/A
1.3 Margins
UA has a Operating Margin of 4.33%. This is comparable to the rest of the industry: UA outperforms 44.90% of its industry peers.
UA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 47.47%, UA is in line with its industry, outperforming 46.94% of the companies in the same industry.
UA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.33% | ||
| PM (TTM) | N/A | ||
| GM | 47.47% |
OM growth 3YN/A
OM growth 5Y5.76%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.5%
GM growth 5Y0.47%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UA is destroying value.
UA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, UA has less shares outstanding
Compared to 1 year ago, UA has a worse debt to assets ratio.
2.2 Solvency
UA has an Altman-Z score of 2.57. This is not the best score and indicates that UA is in the grey zone with still only limited risk for bankruptcy at the moment.
UA's Altman-Z score of 2.57 is in line compared to the rest of the industry. UA outperforms 44.90% of its industry peers.
A Debt/Equity ratio of 0.30 indicates that UA is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.30, UA perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.57 |
ROIC/WACC0.63
WACC9.86%
2.3 Liquidity
A Current Ratio of 2.01 indicates that UA has no problem at all paying its short term obligations.
UA has a Current ratio (2.01) which is comparable to the rest of the industry.
A Quick Ratio of 1.19 indicates that UA should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.19, UA perfoms like the industry average, outperforming 53.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
UA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.63%.
UA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.86% yearly.
UA shows a decrease in Revenue. In the last year, the revenue decreased by -7.84%.
UA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.89% yearly.
EPS 1Y (TTM)-20.63%
EPS 3Y-12.99%
EPS 5Y9.86%
EPS Q2Q%-57.89%
Revenue 1Y (TTM)-7.84%
Revenue growth 3Y8.41%
Revenue growth 5Y1.89%
Sales Q2Q%-5.72%
3.2 Future
The Earnings Per Share is expected to grow by 11.95% on average over the next years. This is quite good.
UA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.56% yearly.
EPS Next Y-44.8%
EPS Next 2Y-14.87%
EPS Next 3Y-1.05%
EPS Next 5Y11.95%
Revenue Next Year-10.66%
Revenue Next 2Y-4.88%
Revenue Next 3Y-1.66%
Revenue Next 5Y1.56%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.20, which indicates a correct valuation of UA.
Compared to the rest of the industry, the Price/Earnings ratio of UA indicates a rather cheap valuation: UA is cheaper than 81.63% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.63. UA is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 16.26, which indicates a correct valuation of UA.
The rest of the industry has a similar Price/Forward Earnings ratio as UA.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, UA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.2 | ||
| Fwd PE | 16.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UA is valued a bit cheaper than the industry average as 75.51% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.56 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.34
EPS Next 2Y-14.87%
EPS Next 3Y-1.05%
5. Dividend
5.1 Amount
No dividends for UA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.6
-0.05 (-0.75%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners91.33%
Inst Owner Change-0.94%
Ins Owners0.17%
Ins Owner Change1.36%
Market Cap2.85B
Analysts56.88
Price Target9.8 (48.48%)
Short Float %3.7%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)84.25%
Min EPS beat(2)49.94%
Max EPS beat(2)118.57%
EPS beat(4)4
Avg EPS beat(4)79.46%
Min EPS beat(4)37.25%
Max EPS beat(4)118.57%
EPS beat(8)8
Avg EPS beat(8)77.19%
EPS beat(12)10
Avg EPS beat(12)49.33%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.7%
Min Revenue beat(2)0%
Max Revenue beat(2)3.4%
Revenue beat(4)3
Avg Revenue beat(4)1.2%
Min Revenue beat(4)-0.8%
Max Revenue beat(4)3.4%
Revenue beat(8)5
Avg Revenue beat(8)0.52%
Revenue beat(12)7
Avg Revenue beat(12)0.22%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.87%
PT rev (3m)26.27%
EPS NQ rev (1m)-40.75%
EPS NQ rev (3m)-274.79%
EPS NY rev (1m)6.15%
EPS NY rev (3m)19.93%
Revenue NQ rev (1m)-1.68%
Revenue NQ rev (3m)-5.48%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.2 | ||
| Fwd PE | 16.26 | ||
| P/S | 0.54 | ||
| P/FCF | N/A | ||
| P/OCF | 764.68 | ||
| P/B | 1.44 | ||
| P/tB | 1.91 | ||
| EV/EBITDA | 7.56 |
EPS(TTM)0.5
EY7.58%
EPS(NY)0.41
Fwd EY6.15%
FCF(TTM)-0.36
FCFYN/A
OCF(TTM)0.01
OCFY0.13%
SpS12.29
BVpS4.59
TBVpS3.46
PEG (NY)N/A
PEG (5Y)1.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.75% | ||
| ROE | -6.41% | ||
| ROCE | 7% | ||
| ROIC | 6.19% | ||
| ROICexc | 7.95% | ||
| ROICexgc | 9.83% | ||
| OM | 4.33% | ||
| PM (TTM) | N/A | ||
| GM | 47.47% | ||
| FCFM | N/A |
ROA(3y)6.61%
ROA(5y)2.17%
ROE(3y)15.69%
ROE(5y)3.72%
ROIC(3y)8.56%
ROIC(5y)N/A
ROICexc(3y)13.68%
ROICexc(5y)N/A
ROICexgc(3y)17.93%
ROICexgc(5y)N/A
ROCE(3y)9.66%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y2.85%
ROICexc growth 3YN/A
ROICexc growth 5Y4.72%
OM growth 3YN/A
OM growth 5Y5.76%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.5%
GM growth 5Y0.47%
F-Score5
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.64 | ||
| Cap/Depr | 118.62% | ||
| Cap/Sales | 2.96% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 1.03% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 2.57 |
F-Score5
WACC9.86%
ROIC/WACC0.63
Cap/Depr(3y)90.52%
Cap/Depr(5y)81.28%
Cap/Sales(3y)2.18%
Cap/Sales(5y)2.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.63%
EPS 3Y-12.99%
EPS 5Y9.86%
EPS Q2Q%-57.89%
EPS Next Y-44.8%
EPS Next 2Y-14.87%
EPS Next 3Y-1.05%
EPS Next 5Y11.95%
Revenue 1Y (TTM)-7.84%
Revenue growth 3Y8.41%
Revenue growth 5Y1.89%
Sales Q2Q%-5.72%
Revenue Next Year-10.66%
Revenue Next 2Y-4.88%
Revenue Next 3Y-1.66%
Revenue Next 5Y1.56%
EBIT growth 1Y-12.45%
EBIT growth 3YN/A
EBIT growth 5Y7.76%
EBIT Next Year0.5%
EBIT Next 3Y13.32%
EBIT Next 5Y12.08%
FCF growth 1Y85.08%
FCF growth 3Y19.09%
FCF growth 5Y-14.79%
OCF growth 1Y100.41%
OCF growth 3Y18.47%
OCF growth 5Y-10.84%