DB:BG3

Stock Analysis Report

Big 5 Sporting Goods

Executive Summary

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States.

Snowflake

Fundamentals

Excellent balance sheet and fair value.

Risks

  • Big 5 Sporting Goods has significant price volatility in the past 3 months.
  • Big 5 Sporting Goods is not covered by any analysts.

Similar Companies

Share Price & News

How has Big 5 Sporting Goods's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

14.1%

DB:BG3

3.7%

DE Specialty Retail

3.2%

DE Market


1 Year Return

-65.7%

DB:BG3

-9.5%

DE Specialty Retail

-9.7%

DE Market

BG3 underperformed the Specialty Retail industry which returned -9.5% over the past year.

BG3 underperformed the Market in Germany which returned -9.7% over the past year.


Share holder returns

BG3IndustryMarket
7 Day14.1%3.7%3.2%
30 Day1.5%-6.3%-4.4%
90 Day-20.0%-0.9%-2.0%
1 Year-63.1%-65.7%-7.5%-9.5%-6.9%-9.7%
3 Year-81.3%-84.7%-19.1%-52.8%11.8%2.2%
5 Year-70.8%-77.6%-4.9%-51.3%26.9%9.5%

Price Volatility Vs. Market

How volatile is Big 5 Sporting Goods's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Big 5 Sporting Goods undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Big 5 Sporting Goods's share price is below the future cash flow value, and at a moderate discount (> 20%).

Big 5 Sporting Goods's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Big 5 Sporting Goods is loss making, we can't compare its value to the DE Specialty Retail industry average.

Big 5 Sporting Goods is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Big 5 Sporting Goods, we can't assess if its growth is good value.


Price Based on Value of Assets

Big 5 Sporting Goods is good value based on assets compared to the DE Specialty Retail industry average.


Next Steps

Future Growth

How is Big 5 Sporting Goods expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Big 5 Sporting Goods is high growth as no revenue estimate data is available.

Big 5 Sporting Goods's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Big 5 Sporting Goods's revenue growth to the Germany market average as no estimate data is available.

Big 5 Sporting Goods's earnings growth is expected to exceed the Germany market average.

Big 5 Sporting Goods's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Big 5 Sporting Goods will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Big 5 Sporting Goods performed over the past 5 years?

-37.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Big 5 Sporting Goods does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Big 5 Sporting Goods's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Big 5 Sporting Goods's 1-year growth to the DE Specialty Retail industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Big 5 Sporting Goods has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Big 5 Sporting Goods used its assets less efficiently than the DE Specialty Retail industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Big 5 Sporting Goods improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Big 5 Sporting Goods's financial position?


Financial Position Analysis

Big 5 Sporting Goods is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Big 5 Sporting Goods's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Big 5 Sporting Goods's level of debt (35.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (35.8% vs 35.7% today).

Debt is well covered by operating cash flow (83.3%, greater than 20% of total debt).

Big 5 Sporting Goods is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 5.6x debt.


Next Steps

Dividend

What is Big 5 Sporting Goods's current dividend yield, its reliability and sustainability?

10.26%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Big 5 Sporting Goods before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Big 5 Sporting Goods's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.48%).

Big 5 Sporting Goods's dividend is above the markets top 25% of dividend payers in Germany (4.18%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Big 5 Sporting Goods's salary, the management and board of directors tenure and is there insider trading?

10.2yrs

Average management tenure


CEO

Steven Miller (67yo)

19.6yrs

Tenure

US$793,236

Compensation

Mr. Steven G. Miller serves as Chief Executive Officer of Big 5 SG Corp., President of Big 5 SG Corp., and Chairman of Big 5 SG Corp. at Big 5 Corp. Mr. Miller has been Chairman since 2002, Chief Executive ...


CEO Compensation Analysis

Steven's remuneration is higher than average for companies of similar size in Germany.

Steven's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

10.2yrs

Average Tenure

61.5yo

Average Age

The average tenure for the Big 5 Sporting Goods management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

15.5yrs

Average Tenure

66.5yo

Average Age

The average tenure for the Big 5 Sporting Goods board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Barry Emerson (61yo)

    Senior VP

    • Tenure: 13.8yrs
    • Compensation: US$540.78k
  • Steven Miller (67yo)

    Chairman

    • Tenure: 19.6yrs
    • Compensation: US$793.24k
  • Jeffrey Fraley (62yo)

    Senior Vice President of Human Resources

    • Tenure: 18.1yrs
    • Compensation: US$244.74k
  • Elizabeth Chambers (65yo)

    Acting Controller

    • Tenure: 0.0yrs
  • Shane Starr (61yo)

    Senior Vice President of Operations

    • Tenure: 12.4yrs
  • Bud Clark (61yo)

    Senior Vice President of Buying

    • Tenure: 8.0yrs
    • Compensation: US$515.96k
  • Mike Marrone (67yo)

    Senior Vice President of Store Operations

    • Tenure: 2.9yrs
    • Compensation: US$370.98k
  • Michael Shinagawa

    Chief Information Officer & Senior VP of MIS

    • Tenure: 2.8yrs
  • Luke Thompson (47yo)

    Senior VP

    • Tenure: 1.1yrs
    • Compensation: US$516.80k
  • Peter Mulvaney

    Senior Vice President of Advertising & Marketing

    • Tenure: 0.0yrs

Board Members

  • David Jessick (66yo)

    Independent Director

    • Tenure: 13.4yrs
    • Compensation: US$152.50k
  • Van Honeycutt (74yo)

    Lead Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$147.50k
  • Colleen Brown (60yo)

    Director

    • Tenure: 0.0yrs
  • Steven Miller (67yo)

    Chairman

    • Tenure: 19.6yrs
    • Compensation: US$793.24k
  • Sandra Bane (67yo)

    Independent Director

    • Tenure: 17.2yrs
    • Compensation: US$158.50k
  • Jennifer Dunbar (56yo)

    Independent Director

    • Tenure: 15.5yrs
    • Compensation: US$158.50k

Company Information

Big 5 Sporting Goods Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Big 5 Sporting Goods Corporation
  • Ticker: BG3
  • Exchange: DB
  • Founded: 1955
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: US$41.629m
  • Listing Market Cap: US$37.370m
  • Shares outstanding: 21.13m
  • Website: https://www.big5sportinggoods.com

Number of Employees


Location

  • Big 5 Sporting Goods Corporation
  • 2525 East El Segundo Boulevard
  • El Segundo
  • California
  • 90245
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BGFVNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2002
BG3DB (Deutsche Boerse AG)YesCommon StockDEEURJun 2002

Biography

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company offers athletic shoes, apparel, and accessories, as well as a selection of outdoor and athle ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 21:45
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.