Gildan Activewear Inc

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GIL : NYSE : Consumer Goods
$30.595 up 0.2 | 0.64%
Today's Range: 30.42 - 30.83
Avg. Daily Volume: 430200.0
08/16/17 - 3:59 PM ET

Financial Analysis


GILDAN ACTIVEWEAR INC's gross profit margin for the second quarter of its fiscal year 2017 has increased when compared to the same period a year ago. The company has grown sales and net income during the past quarter when compared with the same quarter a year ago, however, it was unable to keep up with the growth of the average competitor within its industry. GILDAN ACTIVEWEAR INC has strong liquidity. Currently, the Quick Ratio is 1.64 which shows the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.

At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 2.69% 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 Q2 FY17 Q2 FY16
Net Sales ($mil)715.37688.87
EBITDA ($mil)165.44145.12
EBIT ($mil)123.92105.43
Net Income ($mil)107.7294.72


Balance Sheet Q2 FY17 Q2 FY16
Cash & Equiv. ($mil)46.8254.57
Total Assets ($mil)3090.373106.63
Total Debt ($mil)705.0738.0
Equity ($mil)2095.172040.09


Profitability Q2 FY17 Q2 FY16
Gross Profit Margin35.6233.2
EBITDA Margin23.1221.06
Operating Margin17.3215.31
Sales Turnover0.870.0
Return on Assets12.290.0
Return on Equity18.130.0
Debt Q2 FY17 Q2 FY16
Current Ratio5.555.22
Debt/Capital0.250.27
Interest Expense7.014.15
Interest Coverage17.6825.39


Share Data Q2 FY17 Q2 FY16
Shares outstanding (mil)224.44233.2
Div / share0.090.08
EPS0.480.4
Book value / share9.348.75
Institutional Own % n/a n/a
Avg Daily Volume453162.0698080.0

Valuation


HOLD. This stock's P/E ratio indicates a discount compared to an average of 24.67 for the Textiles, Apparel & Luxury Goods industry and a discount compared to the S&P 500 average of 24.31. To use another comparison, its price-to-book ratio of 3.23 indicates valuation on par with the S&P 500 average of 3.03 and a significant discount versus the industry average of 5.81. The current price-to-sales ratio is above both the S&P 500 average and the industry average, indicating a premium. Upon assessment of these and other key valuation criteria, GILDAN ACTIVEWEAR INC proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
GIL 18.28 Peers 24.67   GIL 10.68 Peers 19.67

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

GIL is trading at a significant discount to its peers.

 

Discount. 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.

GIL is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
GIL 15.96 Peers 21.14   GIL 1.17 Peers 2.17

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

GIL is trading at a discount to 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.

GIL trades at a significant discount to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
GIL 3.23 Peers 5.81   GIL 150.00 Peers 2.29

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.

GIL is trading at a significant discount to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

GIL is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
GIL 2.52 Peers 2.22   GIL 109.30 Peers 8.23

Premium. 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.

GIL is trading at a premium to its industry on this measurement.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

GIL has a sales growth rate that significantly exceeds its peers.

 

 

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