WARBY PARKER INC-CLASS A (WRBY) Stock Fundamental Analysis
NYSE:WRBY - New York Stock Exchange, Inc. - US93403J1060 - Common Stock - Currency: USD
Taking everything into account, WRBY scores 4 out of 10 in our fundamental rating. WRBY was compared to 121 industry peers in the Specialty Retail industry. WRBY has a great financial health rating, but its profitability evaluates not so good. WRBY is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
WRBY had positive earnings in the past year.
In the past year WRBY had a positive cash flow from operations.
In the past 5 years WRBY always reported negative net income.
WRBY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -3.01%, WRBY is doing worse than 64.41% of the companies in the same industry.
Looking at the Return On Equity, with a value of -6.00%, WRBY is in line with its industry, outperforming 46.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.01% | ||
| ROE | -6% | ||
| ROIC | N/A |
ROA(3y)-11.11%
ROA(5y)-16.32%
ROE(3y)-21.82%
ROE(5y)-27.72%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 55.34%, WRBY belongs to the top of the industry, outperforming 83.90% of the companies in the same industry.
In the last couple of years the Gross Margin of WRBY has declined.
The Profit Margin and Operating Margin are not available for WRBY so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 55.34% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.97%
GM growth 5Y-1.68%
2. Health
2.1 Basic Checks
WRBY does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, WRBY has more shares outstanding
Compared to 5 years ago, WRBY has more shares outstanding
There is no outstanding debt for WRBY. 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 5.23 indicates that WRBY is not in any danger for bankruptcy at the moment.
WRBY has a better Altman-Z score (5.23) than 88.98% of its industry peers.
There is no outstanding debt for WRBY. 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 | 5.23 |
ROIC/WACCN/A
WACC9.99%
2.3 Liquidity
A Current Ratio of 2.50 indicates that WRBY has no problem at all paying its short term obligations.
WRBY has a Current ratio of 2.50. This is amongst the best in the industry. WRBY outperforms 88.14% of its industry peers.
A Quick Ratio of 2.10 indicates that WRBY has no problem at all paying its short term obligations.
WRBY has a Quick ratio of 2.10. This is amongst the best in the industry. WRBY outperforms 90.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.5 | ||
| Quick Ratio | 2.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 150.00% over the past year.
Looking at the last year, WRBY shows a quite strong growth in Revenue. The Revenue has grown by 15.16% in the last year.
Measured over the past years, WRBY shows a quite strong growth in Revenue. The Revenue has been growing by 15.79% on average per year.
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)15.16%
Revenue growth 3Y12.56%
Revenue growth 5Y15.79%
Sales Q2Q%17.78%
3.2 Future
WRBY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.02% yearly.
WRBY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.33% yearly.
EPS Next Y35.61%
EPS Next 2Y24.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year13.42%
Revenue Next 2Y13.45%
Revenue Next 3Y14.03%
Revenue Next 5Y13.33%
3.3 Evolution
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
WRBY is valuated quite expensively with a Price/Earnings ratio of 96.68.
WRBY's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.75, WRBY is valued quite expensively.
With a Price/Forward Earnings ratio of 71.29, WRBY can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WRBY indicates a slightly more expensive valuation: WRBY is more expensive than 63.56% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.44, WRBY is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 96.68 | ||
| Fwd PE | 71.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WRBY is valued a bit more expensive than the industry average as 70.34% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as WRBY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 83.8 | ||
| EV/EBITDA | 172.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as WRBY's earnings are expected to grow with 24.02% in the coming years.
PEG (NY)2.71
PEG (5Y)N/A
EPS Next 2Y24.02%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for WRBY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.17
-0.56 (-2.26%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners98%
Inst Owner Change1.46%
Ins Owners7.08%
Ins Owner Change0.54%
Market Cap2.91B
Analysts74.55
Price Target27.54 (13.94%)
Short Float %10.78%
Short Ratio6.61
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)0
Avg EPS beat(2)-35.02%
Min EPS beat(2)-63.53%
Max EPS beat(2)-6.5%
EPS beat(4)2
Avg EPS beat(4)10.16%
Min EPS beat(4)-63.53%
Max EPS beat(4)58.59%
EPS beat(8)5
Avg EPS beat(8)-10.64%
EPS beat(12)7
Avg EPS beat(12)17.4%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.58%
Min Revenue beat(2)-0.76%
Max Revenue beat(2)-0.39%
Revenue beat(4)0
Avg Revenue beat(4)-0.66%
Min Revenue beat(4)-1.34%
Max Revenue beat(4)-0.13%
Revenue beat(8)3
Avg Revenue beat(8)-0.18%
Revenue beat(12)5
Avg Revenue beat(12)-0.35%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.2%
PT rev (3m)19.05%
EPS NQ rev (1m)1.7%
EPS NQ rev (3m)1.7%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)0.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 96.68 | ||
| Fwd PE | 71.29 | ||
| P/S | 3.77 | ||
| P/FCF | 83.8 | ||
| P/OCF | 29.46 | ||
| P/B | 8.55 | ||
| P/tB | 8.55 | ||
| EV/EBITDA | 172.78 |
EPS(TTM)0.25
EY1.03%
EPS(NY)0.34
Fwd EY1.4%
FCF(TTM)0.29
FCFY1.19%
OCF(TTM)0.82
OCFY3.39%
SpS6.41
BVpS2.83
TBVpS2.83
PEG (NY)2.71
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.01% | ||
| ROE | -6% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 55.34% | ||
| FCFM | 4.5% |
ROA(3y)-11.11%
ROA(5y)-16.32%
ROE(3y)-21.82%
ROE(5y)-27.72%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.97%
GM growth 5Y-1.68%
F-Score6
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 139.61% | ||
| Cap/Sales | 8.3% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 626.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.5 | ||
| Quick Ratio | 2.1 | ||
| Altman-Z | 5.23 |
F-Score6
WACC9.99%
ROIC/WACCN/A
Cap/Depr(3y)155.9%
Cap/Depr(5y)159.74%
Cap/Sales(3y)8.79%
Cap/Sales(5y)8.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
EPS Next Y35.61%
EPS Next 2Y24.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.16%
Revenue growth 3Y12.56%
Revenue growth 5Y15.79%
Sales Q2Q%17.78%
Revenue Next Year13.42%
Revenue Next 2Y13.45%
Revenue Next 3Y14.03%
Revenue Next 5Y13.33%
EBIT growth 1Y58.16%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year620.21%
EBIT Next 3Y128.05%
EBIT Next 5Y76.05%
FCF growth 1Y374.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y61.9%
OCF growth 3YN/A
OCF growth 5Y35.79%