Academy Sports & Outdoors, Inc.
ASO
Retail-Miscellaneous Shopping Goods Stores
Mkt Cap
$4.216BPE
8.12Debt
$494.8MCash
$347.9MEV
$4.363BFCF
$328MP/E Ratio
8.12Debt
$494.8MCash
$347.9MEV
$4.363BFCF
$328MCharts data: {"Earnings":[{"time":"2019-02-01","value":21442000},{"time":"2020-01-31","value":120043000},{"time":"2021-01-29","value":308764000},{"time":"2022-01-28","value":671381000},{"time":"2023-01-27","value":628001000},{"time":"2024-02-02","value":519190000}],"Sales":[{"time":"2019-02-01","value":4783893000},{"time":"2020-01-31","value":4829897000},{"time":"2021-01-29","value":5689233000},{"time":"2022-01-28","value":6773128000},{"time":"2023-01-27","value":6395073000},{"time":"2024-02-02","value":6159291000}],"Net Margins":[{"time":"2019-02-01","value":0.004482123659538372},{"time":"2020-01-31","value":0.02485415320450933},{"time":"2021-01-29","value":0.05427163907683162},{"time":"2022-01-28","value":0.09912421557661394},{"time":"2023-01-27","value":0.0982007554878576},{"time":"2024-02-02","value":0.08429379290570944}],"Assets":[{"time":"2020-01-31","value":4331321000},{"time":"2021-01-29","value":4384482000},{"time":"2022-01-28","value":4584940000},{"time":"2023-01-27","value":4595439000},{"time":"2024-02-02","value":4676713000}],"Stockholders Equity":[{"time":"2019-02-01","value":857039000},{"time":"2020-01-31","value":996285000},{"time":"2021-01-29","value":1111983000},{"time":"2022-01-28","value":1466946000},{"time":"2023-01-27","value":1628306000},{"time":"2024-02-02","value":1954650000}],"ROE":[{"time":"2019-02-01","value":0.025018698098919653},{"time":"2020-01-31","value":0.12049062266319377},{"time":"2021-01-29","value":0.27766971257654116},{"time":"2022-01-28","value":0.4576726068989588},{"time":"2023-01-27","value":0.3856775077903048},{"time":"2024-02-02","value":0.2656178855549587}],"ROA":[{"time":"2020-01-31","value":0.04142408286063305},{"time":"2021-01-29","value":0.09588316248076739},{"time":"2022-01-28","value":0.19802810941909818},{"time":"2023-01-27","value":0.18421504452566992},{"time":"2024-02-02","value":0.14494261247162268}]}
Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, camping accessories and equipment, sunglasses, backpacks, and sports bags; fishing products including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, optics, airguns, and hunting equipment. Its sports and recreation division offers fitness equipment, fitness accessories, and nutrition supplies; team and specialty sports equipment including baseball, football, basketball, soccer, golf, racket sports, and volleyball; recreation products, which includes patio furniture, outdoor cooking, trampolines, play sets, watersports, and pet equipment, as well as wheeled goods including bicycles, skateboards, and other ride-on toys; and electronics, watches, and front-end products, such as consumables, batteries, etc. The company's apparel division provides range of products, which includes outdoor and seasonal apparel, denim, work apparel, graphic t-shirts, and accessories; boys and girls outdoor, and athletic apparel; sporting and fitness apparel; and professional and collegiate team licensed apparel and accessories. Its footwear division offers casual shoes, slippers, seasonal footwear, and socks; work and western boots, shoes, and hunting footwear; boys and girls athletic footwear; athletic footwear, such as running shoes, athletic lifestyle, and training shoes; and team and specialty sports footwear, and slides. The company sells its products under the Academy Sports + Outdoors, Magellan Outdoors, BCG, O'rageous, Game Winner, Outdoor Gourmet, and Freely brand names. Academy Sports and Outdoors, Inc. was founded in 1938 and is headquartered in Katy, Texas.
![HIBB Logo](data:image/svg+xml,<svg xmlns='http://www.w3.org/2000/svg' width='18' height='18'><defs><linearGradient id="a" x1="3.349" x2="21.904" y1="3.122" y2="24.434" gradientUnits="userSpaceOnUse"><stop stop-color="%231A1E21"/><stop offset="1" stop-color="%2306060A"/></linearGradient></defs><path fill="url(%23a)" d="M0 0h18v18H0z"/><text x='50%' y='52%' dominant-baseline='middle' text-anchor='middle' font-size='5' font-family='sans-serif' fill='gray'>HIBB</text></svg>){kind=small}
![ODP Logo](data:image/svg+xml,<svg xmlns='http://www.w3.org/2000/svg' width='18' height='18'><defs><linearGradient id="a" x1="3.349" x2="21.904" y1="3.122" y2="24.434" gradientUnits="userSpaceOnUse"><stop stop-color="%231A1E21"/><stop offset="1" stop-color="%2306060A"/></linearGradient></defs><path fill="url(%23a)" d="M0 0h18v18H0z"/><text x='50%' y='52%' dominant-baseline='middle' text-anchor='middle' font-size='5' font-family='sans-serif' fill='gray'>ODP</text></svg>){kind=small}
DCF
Discounted Cash Flow Valuation of Academy Sports & Outdoors, Inc.
Value
Growth
%
%
Discount
%
%
Multiple
| g\r | +10% | +11% | +12% | +13% | +14% |
|---|---|---|---|---|---|
| 0% | 10 | 9 | 8 | 8 | 7 |
| +1% | 11 | 10 | 9 | 8 | 8 |
| +2% | 13 | 11 | 10 | 9 | 8 |
| +3% | 14 | 13 | 11 | 10 | 9 |
| +4% | 17 | 14 | 12 | 11 | 10 |
| Years | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | TV |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FCF | $328M | $281.2M | $241.2M | $206.8M | $177.3M | $152M | $130.3M | $111.8M | $95.83M | $82.17M | $70.45M | $704.5M |
| DCF | $244.6M | $182.3M | $136M | $101.4M | $75.58M | $56.35M | $42.02M | $31.33M | $23.36M | $17.42M | $174.2M | |
| Value | $1.084B | |||||||||||
In the chart Earnings are multiplied by this value.
Earnings Growth 45%
Earnings Stability -12%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 02-2019 | 01-2020 | 01-2021 | 01-2022 | 01-2023 | 02-2024 | TTM |
|---|---|---|---|---|---|---|---|
| Net Margin | 0.45% | 2.5% | 5.4% | 9.9% | 9.8% | 8.4% | 8.4% |
| ROA | - | 4.1% | 9.6% | 20% | 18% | 14% | 14% |
| ROE | 2.5% | 12% | 28% | 46% | 39% | 27% | 27% |
What is the average Net Margin?
The average Net Margin over the past 5 years is +6.09%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is +1.9%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +13.29%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is +2.95%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is +25.54%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is +6.22%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 02-2019 | 01-2020 | 01-2021 | 01-2022 | 01-2023 | 02-2024 | TTM | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | - | 7.47 | 0.83 | 1.17 | 1.35 | 1.51 | 1.51 | |||
| Debt Equity | - | 1.51 | 0.72 | 0.48 | 0.37 | 0.25 | 0.25 | |||
| MIN | ||||||||||
| Graham Stability | - | - | - | 100% | 100% | 97% | 97% | |||
What is the Debt/FCF?
The Debt/FCF trailing twelve month is 1.51.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -1.14.
What is the Graham’s Stability?
Graham’s Stability measure stands at 0.97.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 02-2019 | 01-2021 | 01-2023 | Trend |
|---|---|---|---|---|
| Revenue | 5.2% | 2.7% | -3.7% | -3.3% |
| Net Income | 89% | 19% | -17% | -110% |
| Stockholders Equity | 18% | 21% | 20% | 0.7% |
| FCF | 29% | -30% | -26% | -70% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +5.18%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -3.27%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is +89.15%.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is -111.8%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is +17.93%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is +0.7%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is +29.35%.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -70.45%.