Zumiez Inc.
Find Ratings ReportsZUMIEZ INC's gross profit margin for the third quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector. ZUMIEZ INC has weak liquidity. Currently, the Quick Ratio is 0.87 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q3 FY23 | Q3 FY22 |
---|---|---|
Net Sales ($mil) | 216.34 | 237.59 |
EBITDA ($mil) | 5.17 | 15.64 |
EBIT ($mil) | -0.16 | 10.44 |
Net Income ($mil) | -2.23 | 6.93 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 135.83 | 141.11 |
Total Assets ($mil) | 743.03 | 749.81 |
Total Debt ($mil) | 245.32 | 254.05 |
Equity ($mil) | 379.46 | 380.67 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 36.3 | 36.7 |
EBITDA Margin | 2.38 | 6.58 |
Operating Margin | -0.07 | 4.39 |
Sales Turnover | 1.18 | 1.37 |
Return on Assets | -2.38 | 6.37 |
Return on Equity | -4.66 | 12.56 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 1.9 | 2.01 |
Debt/Capital | 0.39 | 0.4 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 19.84 | 19.49 |
Div / share | 0.0 | 0.0 |
EPS | -0.12 | 0.36 |
Book value / share | 19.13 | 19.53 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 178411.0 | 272705.0 |
HOLD. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 0.77 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 11.33. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, ZUMIEZ INC proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZUMZ NM | Peers 23.55 | ZUMZ 21.25 | Peers 16.96 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. ZUMZ's P/E is negative making this valuation measure meaningless. |
Premium. 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. ZUMZ is trading at a significant premium to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
ZUMZ 43.32 | Peers 19.84 | ZUMZ NA | Peers 1.61 | |||||||||||||||||||||
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings. ZUMZ's ratio is negative making this valuation measure meaningless. |
Neutral. 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. Ratio not available. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
ZUMZ 0.77 | Peers 11.33 | ZUMZ -142.27 | Peers 329.94 | |||||||||||||||||||||
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. ZUMZ 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, ZUMZ is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
ZUMZ 0.33 | Peers 1.84 | ZUMZ -14.75 | Peers 6.34 | |||||||||||||||||||||
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. ZUMZ is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. ZUMZ significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||