YETI HOLDINGS INC (YETI) Stock Fundamental Analysis
NYSE:YETI - US98585X1046 - Common Stock
35.71 USD
+1.78 (+5.25%)
35.71 USD
0 (0%)
Taking everything into account, YETI scores 7 out of 10 in our fundamental rating. YETI was compared to 31 industry peers in the Leisure Products industry. YETI gets an excellent profitability rating and is at the same time showing great financial health properties. YETI may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make YETI a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year YETI was profitable.
In the past year YETI had a positive cash flow from operations.
YETI had positive earnings in each of the past 5 years.
Each year in the past 5 years YETI had a positive operating cash flow.
1.2 Ratios
YETI has a better Return On Assets (13.60%) than 100.00% of its industry peers.
YETI's Return On Equity of 22.07% is amongst the best of the industry. YETI outperforms 93.55% of its industry peers.
YETI has a better Return On Invested Capital (18.50%) than 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 7.51%.
The 3 year average ROIC (18.12%) for YETI is below the current ROIC(18.50%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.6% | ||
| ROE | 22.07% | ||
| ROIC | 18.5% |
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
YETI's Profit Margin of 9.73% is amongst the best of the industry. YETI outperforms 96.77% of its industry peers.
YETI's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 13.13%, YETI belongs to the best of the industry, outperforming 93.55% of the companies in the same industry.
In the last couple of years the Operating Margin of YETI has grown nicely.
YETI's Gross Margin of 58.37% is amongst the best of the industry. YETI outperforms 90.32% of its industry peers.
YETI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.13% | ||
| PM (TTM) | 9.73% | ||
| GM | 58.37% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so YETI is creating value.
Compared to 1 year ago, YETI has less shares outstanding
Compared to 5 years ago, YETI has less shares outstanding
YETI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.67 indicates that YETI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.67, YETI belongs to the top of the industry, outperforming 83.87% of the companies in the same industry.
The Debt to FCF ratio of YETI is 0.31, which is an excellent value as it means it would take YETI, only 0.31 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.31, YETI belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
YETI has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
YETI has a Debt to Equity ratio (0.09) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.31 | ||
| Altman-Z | 6.67 |
ROIC/WACC2.1
WACC8.8%
2.3 Liquidity
YETI has a Current Ratio of 2.52. This indicates that YETI is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.52, YETI is doing good in the industry, outperforming 61.29% of the companies in the same industry.
YETI has a Quick Ratio of 1.48. This is a normal value and indicates that YETI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.48, YETI is in line with its industry, outperforming 58.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.51% over the past 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.
Looking at the last year, YETI shows a small growth in Revenue. The Revenue has grown by 3.62% in the last year.
YETI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.90% yearly.
EPS 1Y (TTM)5.51%
EPS 3Y2.28%
EPS 5Y18.24%
EPS Q2Q%-5.71%
Revenue 1Y (TTM)3.62%
Revenue growth 3Y9.05%
Revenue growth 5Y14.9%
Sales Q2Q%-3.8%
3.2 Future
Based on estimates for the next years, YETI will show a small growth in Earnings Per Share. The EPS will grow by 5.72% on average per year.
Based on estimates for the next years, YETI will show a small growth in Revenue. The Revenue will grow by 3.67% on average per year.
EPS Next Y-10.49%
EPS Next 2Y1.23%
EPS Next 3Y4.27%
EPS Next 5Y5.72%
Revenue Next Year0.91%
Revenue Next 2Y2.87%
Revenue Next 3Y3.76%
Revenue Next 5Y3.67%
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
Based on the Price/Earnings ratio of 13.32, the valuation of YETI can be described as correct.
Based on the Price/Earnings ratio, YETI is valued cheaper than 93.55% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. YETI is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 12.67 indicates a correct valuation of YETI.
Based on the Price/Forward Earnings ratio, YETI is valued cheaply inside the industry as 93.55% of the companies are valued more expensively.
YETI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.32 | ||
| Fwd PE | 12.67 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of YETI indicates a rather cheap valuation: YETI is cheaper than 80.65% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, YETI is valued cheaper than 80.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.61 | ||
| EV/EBITDA | 9.33 |
4.3 Compensation for Growth
YETI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.73
EPS Next 2Y1.23%
EPS Next 3Y4.27%
5. Dividend
5.1 Amount
YETI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.71
+1.78 (+5.25%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners112.01%
Inst Owner Change-7.12%
Ins Owners0.58%
Ins Owner Change9.9%
Market Cap2.90B
Analysts74.78
Price Target37.26 (4.34%)
Short Float %9.77%
Short Ratio3.45
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)15.54%
Min EPS beat(2)13.01%
Max EPS beat(2)18.08%
EPS beat(4)4
Avg EPS beat(4)10.33%
Min EPS beat(4)4.56%
Max EPS beat(4)18.08%
EPS beat(8)7
Avg EPS beat(8)10.48%
EPS beat(12)10
Avg EPS beat(12)9.52%
EPS beat(16)13
Avg EPS beat(16)7.12%
Revenue beat(2)0
Avg Revenue beat(2)-3.06%
Min Revenue beat(2)-5.32%
Max Revenue beat(2)-0.81%
Revenue beat(4)0
Avg Revenue beat(4)-2.38%
Min Revenue beat(4)-5.32%
Max Revenue beat(4)-0.47%
Revenue beat(8)2
Avg Revenue beat(8)-1.78%
Revenue beat(12)5
Avg Revenue beat(12)-1.66%
Revenue beat(16)5
Avg Revenue beat(16)-1.6%
PT rev (1m)7.03%
PT rev (3m)-2.9%
EPS NQ rev (1m)9.28%
EPS NQ rev (3m)-25.78%
EPS NY rev (1m)19.32%
EPS NY rev (3m)20.58%
Revenue NQ rev (1m)-2.36%
Revenue NQ rev (3m)-6.41%
Revenue NY rev (1m)-1.61%
Revenue NY rev (3m)-1.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.32 | ||
| Fwd PE | 12.67 | ||
| P/S | 1.59 | ||
| P/FCF | 11.61 | ||
| P/OCF | 10 | ||
| P/B | 3.61 | ||
| P/tB | 5.23 | ||
| EV/EBITDA | 9.33 |
EPS(TTM)2.68
EY7.5%
EPS(NY)2.82
Fwd EY7.89%
FCF(TTM)3.08
FCFY8.61%
OCF(TTM)3.57
OCFY10%
SpS22.43
BVpS9.88
TBVpS6.82
PEG (NY)N/A
PEG (5Y)0.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.6% | ||
| ROE | 22.07% | ||
| ROCE | 24.57% | ||
| ROIC | 18.5% | ||
| ROICexc | 25.59% | ||
| ROICexgc | 39.53% | ||
| OM | 13.13% | ||
| PM (TTM) | 9.73% | ||
| GM | 58.37% | ||
| FCFM | 13.71% |
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%
ROICexcg growth 3Y-11.25%
ROICexcg 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-Score7
Asset Turnover1.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.31 | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | 78.91% | ||
| Cap/Sales | 2.2% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 99.94% | ||
| Profit Quality | 141.01% | ||
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 6.67 |
F-Score7
WACC8.8%
ROIC/WACC2.1
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)5.51%
EPS 3Y2.28%
EPS 5Y18.24%
EPS Q2Q%-5.71%
EPS Next Y-10.49%
EPS Next 2Y1.23%
EPS Next 3Y4.27%
EPS Next 5Y5.72%
Revenue 1Y (TTM)3.62%
Revenue growth 3Y9.05%
Revenue growth 5Y14.9%
Sales Q2Q%-3.8%
Revenue Next Year0.91%
Revenue Next 2Y2.87%
Revenue Next 3Y3.76%
Revenue Next 5Y3.67%
EBIT growth 1Y-5.88%
EBIT growth 3Y-2.81%
EBIT growth 5Y22.96%
EBIT Next Year-4.97%
EBIT Next 3Y7.73%
EBIT Next 5Y3.6%
FCF growth 1Y56.85%
FCF growth 3Y34.42%
FCF growth 5Y31.99%
OCF growth 1Y41.95%
OCF growth 3Y21.29%
OCF growth 5Y24.64%