YETI HOLDINGS INC (YETI) Stock Fundamental Analysis
NYSE:YETI - New York Stock Exchange, Inc. - US98585X1046 - Common Stock
YETI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 30 industry peers in the Leisure Products industry. Both the health and profitability get an excellent rating, making YETI a very profitable company, without any liquidiy or solvency issues. YETI has a decent growth rate and is not valued too expensively. These ratings would make YETI suitable for quality investing!
1. Profitability
1.1 Basic Checks
YETI had positive earnings in the past year.
In the past year YETI had a positive cash flow from operations.
In the past 5 years YETI has always been profitable.
YETI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
YETI has a Return On Assets of 15.80%. This is amongst the best in the industry. YETI outperforms 100.00% of its industry peers.
YETI has a Return On Equity of 26.12%. This is amongst the best in the industry. YETI outperforms 96.67% of its industry peers.
YETI's Return On Invested Capital of 21.12% is amongst the best of the industry. YETI outperforms 100.00% of its industry peers.
YETI had an Average Return On Invested Capital over the past 3 years of 21.34%. This is significantly above the industry average of 8.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.8% | ||
| ROE | 26.12% | ||
| ROIC | 21.12% |
ROA(3y)13.61%
ROA(5y)13.99%
ROE(3y)27.19%
ROE(5y)35.38%
ROIC(3y)21.34%
ROIC(5y)23.05%
1.3 Margins
YETI has a Profit Margin of 11.15%. This is amongst the best in the industry. YETI outperforms 100.00% of its industry peers.
YETI's Profit Margin has improved in the last couple of years.
YETI has a Operating Margin of 14.53%. This is amongst the best in the industry. YETI outperforms 96.67% of its industry peers.
YETI's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 58.35%, YETI belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
In the last couple of years the Gross Margin of YETI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.53% | ||
| PM (TTM) | 11.15% | ||
| GM | 58.35% |
OM growth 3Y-11.14%
OM growth 5Y0.97%
PM growth 3Y-10.47%
PM growth 5Y6.65%
GM growth 3Y-0.43%
GM growth 5Y2.94%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), YETI is creating value.
The number of shares outstanding for YETI has been increased compared to 1 year ago.
YETI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for YETI has been reduced compared to a year ago.
2.2 Solvency
YETI has an Altman-Z score of 6.96. This indicates that YETI is financially healthy and has little risk of bankruptcy at the moment.
YETI's Altman-Z score of 6.96 is amongst the best of the industry. YETI outperforms 90.00% of its industry peers.
YETI has a debt to FCF ratio of 0.49. This is a very positive value and a sign of high solvency as it would only need 0.49 years to pay back of all of its debts.
YETI has a better Debt to FCF ratio (0.49) than 86.67% of its industry peers.
YETI has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.10, YETI is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.49 | ||
| Altman-Z | 6.96 |
ROIC/WACC2.31
WACC9.15%
2.3 Liquidity
YETI has a Current Ratio of 2.58. This indicates that YETI is financially healthy and has no problem in meeting its short term obligations.
YETI has a better Current ratio (2.58) than 63.33% of its industry peers.
YETI has a Quick Ratio of 1.45. This is a normal value and indicates that YETI is financially healthy and should not expect problems in meeting its short term obligations.
YETI has a Quick ratio (1.45) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.41% over the past year.
The Earnings Per Share has been growing by 23.01% on average over the past years. This is a very strong growth
The Revenue has grown by 13.62% in the past year. This is quite good.
The Revenue has been growing by 16.32% on average over the past years. This is quite good.
EPS 1Y (TTM)24.41%
EPS 3Y6.36%
EPS 5Y23.01%
EPS Q2Q%18.33%
Revenue 1Y (TTM)13.62%
Revenue growth 3Y14.96%
Revenue growth 5Y16.32%
Sales Q2Q%10.35%
3.2 Future
The Earnings Per Share is expected to grow by 12.98% on average over the next years. This is quite good.
YETI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.37% yearly.
EPS Next Y20.83%
EPS Next 2Y14.57%
EPS Next 3Y13.3%
EPS Next 5Y12.98%
Revenue Next Year8.08%
Revenue Next 2Y7.73%
Revenue Next 3Y7.72%
Revenue Next 5Y7.37%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.08, the valuation of YETI can be described as correct.
YETI's Price/Earnings ratio is rather cheap when compared to the industry. YETI is cheaper than 83.33% of the companies in the same industry.
When comparing the Price/Earnings ratio of YETI to the average of the S&P500 Index (27.96), we can say YETI is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 12.63, the valuation of YETI can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of YETI indicates a somewhat cheap valuation: YETI is cheaper than 76.67% of the companies listed in the same industry.
YETI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 12.63 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of YETI indicates a somewhat cheap valuation: YETI is cheaper than 70.00% of the companies listed in the same industry.
YETI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.3 | ||
| EV/EBITDA | 9.53 |
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.
YETI has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as YETI's earnings are expected to grow with 13.30% in the coming years.
PEG (NY)0.68
PEG (5Y)0.61
EPS Next 2Y14.57%
EPS Next 3Y13.3%
5. Dividend
5.1 Amount
No dividends for YETI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
YETI HOLDINGS INC
NYSE:YETI (1/17/2025, 8:04:00 PM)
After market: 37.3 0 (0%)37.3
+0.14 (+0.38%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners103.9%
Inst Owner Change-0.05%
Ins Owners0.39%
Ins Owner Change-0.98%
Market Cap3.16B
Analysts73.91
Price Target46.54 (24.77%)
Short Float %11.68%
Short Ratio5.7
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)6.16%
Min EPS beat(2)4.56%
Max EPS beat(2)7.76%
EPS beat(4)3
Avg EPS beat(4)9.95%
Min EPS beat(4)-8.29%
Max EPS beat(4)35.78%
EPS beat(8)6
Avg EPS beat(8)8.97%
EPS beat(12)9
Avg EPS beat(12)5.95%
EPS beat(16)13
Avg EPS beat(16)11.65%
Revenue beat(2)1
Avg Revenue beat(2)-0.02%
Min Revenue beat(2)-0.47%
Max Revenue beat(2)0.43%
Revenue beat(4)2
Avg Revenue beat(4)-1.14%
Min Revenue beat(4)-4.92%
Max Revenue beat(4)0.43%
Revenue beat(8)4
Avg Revenue beat(8)-1.67%
Revenue beat(12)5
Avg Revenue beat(12)-1.35%
Revenue beat(16)8
Avg Revenue beat(16)0.29%
PT rev (1m)0%
PT rev (3m)-3.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.23%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)0.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 12.63 | ||
| P/S | 1.75 | ||
| P/FCF | 19.3 | ||
| P/OCF | 15.29 | ||
| P/B | 4.11 | ||
| P/tB | 5.66 | ||
| EV/EBITDA | 9.53 |
EPS(TTM)2.65
EY7.1%
EPS(NY)2.95
Fwd EY7.92%
FCF(TTM)1.93
FCFY5.18%
OCF(TTM)2.44
OCFY6.54%
SpS21.26
BVpS9.08
TBVpS6.59
PEG (NY)0.68
PEG (5Y)0.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.8% | ||
| ROE | 26.12% | ||
| ROCE | 27.72% | ||
| ROIC | 21.12% | ||
| ROICexc | 30.04% | ||
| ROICexgc | 43.99% | ||
| OM | 14.53% | ||
| PM (TTM) | 11.15% | ||
| GM | 58.35% | ||
| FCFM | 9.09% |
ROA(3y)13.61%
ROA(5y)13.99%
ROE(3y)27.19%
ROE(5y)35.38%
ROIC(3y)21.34%
ROIC(5y)23.05%
ROICexc(3y)38.37%
ROICexc(5y)43.22%
ROICexgc(3y)61.87%
ROICexgc(5y)108.6%
ROCE(3y)28.01%
ROCE(5y)30.25%
ROICexcg growth 3Y-43.16%
ROICexcg growth 5Y-2.68%
ROICexc growth 3Y-23.12%
ROICexc growth 5Y3.7%
OM growth 3Y-11.14%
OM growth 5Y0.97%
PM growth 3Y-10.47%
PM growth 5Y6.65%
GM growth 3Y-0.43%
GM growth 5Y2.94%
F-Score9
Asset Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.49 | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | 90.21% | ||
| Cap/Sales | 2.39% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.83% | ||
| Profit Quality | 81.51% | ||
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 6.96 |
F-Score9
WACC9.15%
ROIC/WACC2.31
Cap/Depr(3y)133.07%
Cap/Depr(5y)112.21%
Cap/Sales(3y)3.3%
Cap/Sales(5y)2.97%
Profit Quality(3y)80.77%
Profit Quality(5y)115.24%
High Growth Momentum
Growth
EPS 1Y (TTM)24.41%
EPS 3Y6.36%
EPS 5Y23.01%
EPS Q2Q%18.33%
EPS Next Y20.83%
EPS Next 2Y14.57%
EPS Next 3Y13.3%
EPS Next 5Y12.98%
Revenue 1Y (TTM)13.62%
Revenue growth 3Y14.96%
Revenue growth 5Y16.32%
Sales Q2Q%10.35%
Revenue Next Year8.08%
Revenue Next 2Y7.73%
Revenue Next 3Y7.72%
Revenue Next 5Y7.37%
EBIT growth 1Y213.38%
EBIT growth 3Y2.16%
EBIT growth 5Y17.45%
EBIT Next Year31.01%
EBIT Next 3Y15.26%
EBIT Next 5Y10.66%
FCF growth 1Y454.07%
FCF growth 3Y-12.47%
FCF growth 5Y8.68%
OCF growth 1Y18713.5%
OCF growth 3Y-7.93%
OCF growth 5Y10.18%