YETI HOLDINGS INC (YETI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:YETI - US98585X1046 - Common Stock
42.92 USD
-0.44 (-1.01%)
42.92 USD
0 (0%)
Overall YETI gets a fundamental rating of 6 out of 10. We evaluated YETI against 33 industry peers in the Leisure Products industry. YETI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. YETI is not valued too expensively and it also shows a decent growth rate.
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.
YETI had positive earnings in each of the past 5 years.
YETI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of YETI (12.72%) is better than 100.00% of its industry peers.
The Return On Equity of YETI (22.82%) is better than 96.97% of its industry peers.
YETI has a Return On Invested Capital of 17.99%. This is amongst the best in the industry. YETI outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for YETI is significantly above the industry average of 7.19%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.72% | ||
| ROE | 22.82% | ||
| ROIC | 17.99% |
ROA(3y)11.7%
ROA(5y)15.12%
ROE(3y)21.42%
ROE(5y)31.87%
ROIC(3y)18.12%
ROIC(5y)24.03%
1.3 Margins
The Profit Margin of YETI (8.75%) is better than 96.97% of its industry peers.
In the last couple of years the Profit Margin of YETI has grown nicely.
The Operating Margin of YETI (12.23%) is better than 90.91% of its industry peers.
YETI's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 57.79%, YETI is doing good in the industry, outperforming 78.79% 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 | 12.23% | ||
| PM (TTM) | 8.75% | ||
| GM | 57.79% |
OM growth 3Y-10.87%
OM growth 5Y7.01%
PM growth 3Y-13.95%
PM growth 5Y11.72%
GM growth 3Y0.15%
GM growth 5Y2.24%
2. Health
2.1 Basic Checks
YETI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for YETI has been reduced compared to 1 year ago.
The number of shares outstanding for YETI has been reduced compared to 5 years ago.
Compared to 1 year ago, YETI has an improved debt to assets ratio.
2.2 Solvency
YETI has an Altman-Z score of 6.83. This indicates that YETI is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.83, YETI belongs to the top of the industry, outperforming 84.85% of the companies in the same industry.
The Debt to FCF ratio of YETI is 0.28, which is an excellent value as it means it would take YETI, only 0.28 years of fcf income to pay off all of its debts.
YETI's Debt to FCF ratio of 0.28 is amongst the best of the industry. YETI outperforms 81.82% 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.
YETI has a Debt to Equity ratio of 0.10. This is comparable to the rest of the industry: YETI outperforms 48.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.28 | ||
| Altman-Z | 6.83 |
ROIC/WACC1.65
WACC10.89%
2.3 Liquidity
YETI has a Current Ratio of 2.16. This indicates that YETI is financially healthy and has no problem in meeting its short term obligations.
YETI's Current ratio of 2.16 is in line compared to the rest of the industry. YETI outperforms 54.55% of its industry peers.
YETI has a Quick Ratio of 1.16. This is a normal value and indicates that YETI is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of YETI (1.16) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The earnings per share for YETI have decreased by -2.64% in the last year.
YETI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.24% yearly.
The Revenue has been growing slightly by 1.56% in the past year.
Measured over the past years, YETI shows a quite strong growth in Revenue. The Revenue has been growing by 14.90% on average per year.
EPS 1Y (TTM)-2.64%
EPS 3Y2.28%
EPS 5Y18.24%
EPS Q2Q%-14.08%
Revenue 1Y (TTM)1.56%
Revenue growth 3Y9.05%
Revenue growth 5Y14.9%
Sales Q2Q%1.95%
3.2 Future
YETI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.25% yearly.
Based on estimates for the next years, YETI will show a small growth in Revenue. The Revenue will grow by 4.71% on average per year.
EPS Next Y-9.14%
EPS Next 2Y2.18%
EPS Next 3Y6.7%
EPS Next 5Y7.25%
Revenue Next Year1.71%
Revenue Next 2Y3.57%
Revenue Next 3Y4.77%
Revenue Next 5Y4.71%
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
A Price/Earnings ratio of 16.64 indicates a correct valuation of YETI.
Based on the Price/Earnings ratio, YETI is valued cheaper than 81.82% of the companies in the same industry.
When comparing the Price/Earnings ratio of YETI to the average of the S&P500 Index (26.34), we can say YETI is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 14.95, 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 rather cheap valuation: YETI is cheaper than 84.85% of the companies listed in the same industry.
YETI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.64 | ||
| Fwd PE | 14.95 |
4.2 Price Multiples
66.67% of the companies in the same industry are more expensive than YETI, based on the Enterprise Value to EBITDA ratio.
75.76% of the companies in the same industry are more expensive than YETI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.59 | ||
| EV/EBITDA | 11.87 |
4.3 Compensation for Growth
YETI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.91
EPS Next 2Y2.18%
EPS Next 3Y6.7%
5. Dividend
5.1 Amount
No dividends for YETI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
42.92
-0.44 (-1.01%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners120.31%
Inst Owner Change3.01%
Ins Owners0.6%
Ins Owner Change-0.87%
Market Cap3.34B
Revenue(TTM)1.83B
Net Income(TTM)160.31M
Analysts74.78
Price Target41.82 (-2.56%)
Short Float %12.69%
Short Ratio5.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
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)10.23%
Min EPS beat(2)2.38%
Max EPS beat(2)18.08%
EPS beat(4)4
Avg EPS beat(4)9.78%
Min EPS beat(4)2.38%
Max EPS beat(4)18.08%
EPS beat(8)7
Avg EPS beat(8)9.87%
EPS beat(12)10
Avg EPS beat(12)9.24%
EPS beat(16)13
Avg EPS beat(16)6.91%
Revenue beat(2)0
Avg Revenue beat(2)-2.88%
Min Revenue beat(2)-5.32%
Max Revenue beat(2)-0.43%
Revenue beat(4)0
Avg Revenue beat(4)-2.37%
Min Revenue beat(4)-5.32%
Max Revenue beat(4)-0.43%
Revenue beat(8)2
Avg Revenue beat(8)-1.75%
Revenue beat(12)4
Avg Revenue beat(12)-1.91%
Revenue beat(16)5
Avg Revenue beat(16)-1.6%
PT rev (1m)8.47%
PT rev (3m)12.23%
EPS NQ rev (1m)0.44%
EPS NQ rev (3m)1.45%
EPS NY rev (1m)1.41%
EPS NY rev (3m)1.5%
Revenue NQ rev (1m)0.56%
Revenue NQ rev (3m)0.92%
Revenue NY rev (1m)0.79%
Revenue NY rev (3m)0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.64 | ||
| Fwd PE | 14.95 | ||
| P/S | 1.82 | ||
| P/FCF | 12.59 | ||
| P/OCF | 10.86 | ||
| P/B | 4.75 | ||
| P/tB | 8.02 | ||
| EV/EBITDA | 11.87 |
EPS(TTM)2.58
EY6.01%
EPS(NY)2.87
Fwd EY6.69%
FCF(TTM)3.41
FCFY7.94%
OCF(TTM)3.95
OCFY9.21%
SpS23.54
BVpS9.03
TBVpS5.35
PEG (NY)N/A
PEG (5Y)0.91
Graham Number22.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.72% | ||
| ROE | 22.82% | ||
| ROCE | 23.88% | ||
| ROIC | 17.99% | ||
| ROICexc | 21.81% | ||
| ROICexgc | 34.61% | ||
| OM | 12.23% | ||
| PM (TTM) | 8.75% | ||
| GM | 57.79% | ||
| FCFM | 14.48% |
ROA(3y)11.7%
ROA(5y)15.12%
ROE(3y)21.42%
ROE(5y)31.87%
ROIC(3y)18.12%
ROIC(5y)24.03%
ROICexc(3y)31.36%
ROICexc(5y)46.16%
ROICexgc(3y)52.17%
ROICexgc(5y)114.29%
ROCE(3y)24.06%
ROCE(5y)31.91%
ROICexgc growth 3Y-11.25%
ROICexgc growth 5Y17.49%
ROICexc growth 3Y-13.92%
ROICexc growth 5Y14.69%
OM growth 3Y-10.87%
OM growth 5Y7.01%
PM growth 3Y-13.95%
PM growth 5Y11.72%
GM growth 3Y0.15%
GM growth 5Y2.24%
F-Score6
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.28 | ||
| Debt/EBITDA | 0.25 | ||
| Cap/Depr | 80.39% | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 111.15% | ||
| Profit Quality | 165.4% | ||
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 6.83 |
F-Score6
WACC10.89%
ROIC/WACC1.65
Cap/Depr(3y)103.79%
Cap/Depr(5y)107.46%
Cap/Sales(3y)2.74%
Cap/Sales(5y)2.72%
Profit Quality(3y)108.26%
Profit Quality(5y)118.49%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.64%
EPS 3Y2.28%
EPS 5Y18.24%
EPS Q2Q%-14.08%
EPS Next Y-9.14%
EPS Next 2Y2.18%
EPS Next 3Y6.7%
EPS Next 5Y7.25%
Revenue 1Y (TTM)1.56%
Revenue growth 3Y9.05%
Revenue growth 5Y14.9%
Sales Q2Q%1.95%
Revenue Next Year1.71%
Revenue Next 2Y3.57%
Revenue Next 3Y4.77%
Revenue Next 5Y4.71%
EBIT growth 1Y-14.49%
EBIT growth 3Y-2.81%
EBIT growth 5Y22.96%
EBIT Next Year5.8%
EBIT Next 3Y8%
EBIT Next 5Y5%
FCF growth 1Y12.59%
FCF growth 3Y34.42%
FCF growth 5Y31.99%
OCF growth 1Y6.78%
OCF growth 3Y21.29%
OCF growth 5Y24.64%
YETI HOLDINGS INC / YETI FAQ
What is the fundamental rating for YETI stock?
ChartMill assigns a fundamental rating of 6 / 10 to YETI.
Can you provide the valuation status for YETI HOLDINGS INC?
ChartMill assigns a valuation rating of 6 / 10 to YETI HOLDINGS INC (YETI). This can be considered as Fairly Valued.
What is the profitability of YETI stock?
YETI HOLDINGS INC (YETI) has a profitability rating of 9 / 10.
What is the valuation of YETI HOLDINGS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for YETI HOLDINGS INC (YETI) is 16.64 and the Price/Book (PB) ratio is 4.75.
What is the earnings growth outlook for YETI HOLDINGS INC?
The Earnings per Share (EPS) of YETI HOLDINGS INC (YETI) is expected to decline by -9.14% in the next year.