G-III Apparel Group Ltd.Find Ratings Reports
G-III APPAREL GROUP LTD's gross profit margin for the third quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. G-III APPAREL GROUP LTD has strong liquidity. Currently, the Quick Ratio is 1.82 which shows the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 14.12% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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|Income Statement||Q3 FY17||Q3 FY16|
|Net Sales ($mil)||1024.99||883.48|
|Net Income ($mil)||81.63||70.56|
|Balance Sheet||Q3 FY17||Q3 FY16|
|Cash & Equiv. ($mil)||68.23||45.0|
|Total Assets ($mil)||2259.05||1423.44|
|Total Debt ($mil)||726.61||91.33|
|Profitability||Q3 FY17||Q3 FY16|
|Gross Profit Margin||38.13||36.38|
|Return on Assets||1.88||5.62|
|Return on Equity||3.84||8.24|
|Debt||Q3 FY17||Q3 FY16|
|Share Data||Q3 FY17||Q3 FY16|
|Shares outstanding (mil)||49.08||46.03|
|Div / share||0.0||0.0|
|Book value / share||22.55||21.07|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||755958.0||694350.0|
HOLD. This stock's P/E ratio indicates a premium compared to an average of 36.02 for the Textiles, Apparel & Luxury Goods industry and a significant premium compared to the S&P 500 average of 25.51. For additional comparison, its price-to-book ratio of 1.63 indicates a significant discount versus the S&P 500 average of 3.26 and a significant discount versus the industry average of 7.56. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.
|GIII 43.74||Peers 36.02||GIII NM||Peers 22.48|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
GIII is trading at a premium to its peers.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
GIII's P/CF is negative making the measure meaningless.
|GIII 17.37||Peers 26.85||GIII 1.17||Peers 2.34|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
GIII is trading at a valuation on par with its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
GIII trades at a significant discount to its peers.
|GIII 1.63||Peers 7.56||GIII -50.59||Peers 10.06|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
GIII is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, GIII is expected to significantly trail its peers on the basis of its earnings growth rate.
|GIII 0.67||Peers 2.58||GIII 16.65||Peers 5.08|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
GIII is trading at a significant discount to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
GIII has a sales growth rate that significantly exceeds its peers.