WEYCO GROUP INC (WEYS) Stock Fundamental Analysis
NASDAQ:WEYS - Nasdaq - US9621491003 - Common Stock - Currency: USD
Taking everything into account, WEYS scores 6 out of 10 in our fundamental rating. WEYS was compared to 17 industry peers in the Distributors industry. Both the health and profitability get an excellent rating, making WEYS a very profitable company, without any liquidiy or solvency issues. WEYS has a valuation in line with the averages, but on the other hand it scores bad on growth. WEYS also has an excellent dividend rating. These ratings would make WEYS suitable for dividend investing!
1. Profitability
1.1 Basic Checks
WEYS had positive earnings in the past year.
In the past year WEYS had a positive cash flow from operations.
Of the past 5 years WEYS 4 years were profitable.
WEYS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 9.36%, WEYS is doing good in the industry, outperforming 76.47% of the companies in the same industry.
WEYS has a better Return On Equity (12.35%) than 64.71% of its industry peers.
WEYS has a better Return On Invested Capital (9.92%) than 64.71% of its industry peers.
WEYS had an Average Return On Invested Capital over the past 3 years of 10.45%. This is significantly below the industry average of 21.63%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.36% | ||
| ROE | 12.35% | ||
| ROIC | 9.92% |
ROA(3y)9.38%
ROA(5y)6.45%
ROE(3y)12.62%
ROE(5y)8.71%
ROIC(3y)10.45%
ROIC(5y)N/A
1.3 Margins
WEYS has a better Profit Margin (10.44%) than 88.24% of its industry peers.
WEYS's Profit Margin has improved in the last couple of years.
WEYS's Operating Margin of 12.61% is amongst the best of the industry. WEYS outperforms 94.12% of its industry peers.
WEYS's Operating Margin has improved in the last couple of years.
WEYS has a better Gross Margin (45.31%) than 88.24% of its industry peers.
In the last couple of years the Gross Margin of WEYS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.61% | ||
| PM (TTM) | 10.44% | ||
| GM | 45.31% |
OM growth 3Y7.99%
OM growth 5Y7.03%
PM growth 3Y10.71%
PM growth 5Y8.72%
GM growth 3Y4.12%
GM growth 5Y2.12%
2. Health
2.1 Basic Checks
WEYS 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, WEYS has more shares outstanding
The number of shares outstanding for WEYS has been reduced compared to 5 years ago.
There is no outstanding debt for WEYS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 4.79 indicates that WEYS is not in any danger for bankruptcy at the moment.
WEYS has a better Altman-Z score (4.79) than 70.59% of its industry peers.
There is no outstanding debt for WEYS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.79 |
ROIC/WACC0.89
WACC11.11%
2.3 Liquidity
WEYS has a Current Ratio of 4.43. This indicates that WEYS is financially healthy and has no problem in meeting its short term obligations.
WEYS has a better Current ratio (4.43) than 94.12% of its industry peers.
WEYS has a Quick Ratio of 2.86. This indicates that WEYS is financially healthy and has no problem in meeting its short term obligations.
WEYS's Quick ratio of 2.86 is amongst the best of the industry. WEYS outperforms 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.43 | ||
| Quick Ratio | 2.86 |
3. Growth
3.1 Past
WEYS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
Measured over the past years, WEYS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.51% on average per year.
WEYS shows a decrease in Revenue. In the last year, the revenue decreased by -8.74%.
WEYS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.92% yearly.
EPS 1Y (TTM)0%
EPS 3Y14.22%
EPS 5Y8.51%
EPS Q2Q%15.56%
Revenue 1Y (TTM)-8.74%
Revenue growth 3Y2.75%
Revenue growth 5Y-0.92%
Sales Q2Q%-0.15%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.17, the valuation of WEYS can be described as reasonable.
WEYS's Price/Earnings ratio is rather cheap when compared to the industry. WEYS is cheaper than 88.24% of the companies in the same industry.
WEYS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.17 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WEYS is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WEYS indicates a somewhat cheap valuation: WEYS is cheaper than 64.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.92 | ||
| EV/EBITDA | 5.25 |
4.3 Compensation for Growth
WEYS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.08
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.55%, WEYS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.60, WEYS pays a better dividend. On top of this WEYS pays more dividend than 88.24% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.52, WEYS pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
5.2 History
The dividend of WEYS has a limited annual growth rate of 1.56%.
WEYS has been paying a dividend for at least 10 years, so it has a reliable track record.
WEYS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.56%
Div Incr Years2
Div Non Decr Years11
5.3 Sustainability
WEYS pays out 31.95% of its income as dividend. This is a sustainable payout ratio.
WEYS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP31.95%
EPS Next 2YN/A
EPS Next 3YN/A
28.97
+0.4 (+1.42%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryDistributors
Earnings (Last)
Earnings (Next)
Inst Owners26.73%
Inst Owner Change0%
Ins Owners38.28%
Ins Owner Change1.77%
Market Cap279.27M
Analysts43.33
Price TargetN/A
Short Float %0.68%
Short Ratio3.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
Yearly Dividend1.02
Dividend Growth(5Y)1.56%
DP31.95%
Div Incr Years2
Div Non Decr Years11
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.17 | ||
| Fwd PE | N/A | ||
| P/S | 0.96 | ||
| P/FCF | 18.92 | ||
| P/OCF | 17.29 | ||
| P/B | 1.14 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 5.25 |
EPS(TTM)3.16
EY10.91%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.53
FCFY5.29%
OCF(TTM)1.68
OCFY5.78%
SpS30.11
BVpS25.48
TBVpS20.79
PEG (NY)N/A
PEG (5Y)1.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.36% | ||
| ROE | 12.35% | ||
| ROCE | 13.23% | ||
| ROIC | 9.92% | ||
| ROICexc | 13.39% | ||
| ROICexgc | 17.18% | ||
| OM | 12.61% | ||
| PM (TTM) | 10.44% | ||
| GM | 45.31% | ||
| FCFM | 5.09% |
ROA(3y)9.38%
ROA(5y)6.45%
ROE(3y)12.62%
ROE(5y)8.71%
ROIC(3y)10.45%
ROIC(5y)N/A
ROICexc(3y)13.06%
ROICexc(5y)N/A
ROICexgc(3y)16.46%
ROICexgc(5y)N/A
ROCE(3y)14.5%
ROCE(5y)N/A
ROICexcg growth 3Y12.64%
ROICexcg growth 5Y11.01%
ROICexc growth 3Y12.77%
ROICexc growth 5Y10.01%
OM growth 3Y7.99%
OM growth 5Y7.03%
PM growth 3Y10.71%
PM growth 5Y8.72%
GM growth 3Y4.12%
GM growth 5Y2.12%
F-Score5
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 50.46% | ||
| Cap/Sales | 0.48% | ||
| Interest Coverage | 2440.93 | ||
| Cash Conversion | 41.03% | ||
| Profit Quality | 48.69% | ||
| Current Ratio | 4.43 | ||
| Quick Ratio | 2.86 | ||
| Altman-Z | 4.79 |
F-Score5
WACC11.11%
ROIC/WACC0.89
Cap/Depr(3y)83.68%
Cap/Depr(5y)78.35%
Cap/Sales(3y)0.73%
Cap/Sales(5y)0.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y14.22%
EPS 5Y8.51%
EPS Q2Q%15.56%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.74%
Revenue growth 3Y2.75%
Revenue growth 5Y-0.92%
Sales Q2Q%-0.15%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-10.71%
EBIT growth 3Y10.96%
EBIT growth 5Y6.05%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-84.51%
FCF growth 3Y40%
FCF growth 5Y49.15%
OCF growth 1Y-83.63%
OCF growth 3Y36.21%
OCF growth 5Y11.46%