Fox Factory Holding
Market Cap
US$2.4b
Last Updated
2019/09/22 00:31 UTC
Data Sources
Company Financials +
Executive Summary
Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide.
Snowflake
Fundamentals
Flawless balance sheet with outstanding track record.
Risks
- Fox Factory Holding has significant price volatility in the past 3 months.
Similar Companies
Share Price & News
How has Fox Factory Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-6.6%
FOXF
-4.6%
US Auto Components
-0.6%
US Market
1 Year Return
-11.9%
FOXF
-23.3%
US Auto Components
0.7%
US Market
FOXF outperformed the Auto Components industry which returned -23.3% over the past year.
FOXF underperformed the Market in United States of America which returned 0.6% over the past year.
Share holder returns
| FOXF | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.6% | -4.6% | -0.6% |
| 30 Day | -13.7% | 10.8% | 2.9% |
| 90 Day | -20.0% | 0.3% | 1.3% |
| 1 Year | -11.9%-11.9% | -22.1%-23.3% | 2.9%0.7% |
| 3 Year | 182.3%182.3% | 6.6%-5.1% | 44.6%35.2% |
| 5 Year | 300.9%300.9% | 15.7%-0.3% | 61.9%44.2% |
Price Volatility Vs. Market
How volatile is Fox Factory Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
CFO & Treasurer Zvi Glasman Just Sold A Bunch Of Shares In Fox Factory Holding Corp. (NASDAQ:FOXF)1 week ago | Simply Wall St
Does Fox Factory Holding (NASDAQ:FOXF) Deserve A Spot On Your Watchlist?Valuation
Is Fox Factory Holding undervalued based on future cash flows and its price relative to the stock market?
28.18x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Fox Factory Holding's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Fox Factory Holding's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Fox Factory Holding is overvalued based on earnings compared to the US Auto Components industry average.
Fox Factory Holding is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Fox Factory Holding is poor value based on expected growth next year.
Price Based on Value of Assets
Fox Factory Holding is overvalued based on assets compared to the US Auto Components industry average.
Next Steps
Future Growth
How is Fox Factory Holding expected to perform in the next 1 to 3 years based on estimates from 9 analysts?
16.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Fox Factory Holding's revenue is expected to grow by 12% yearly, however this is not considered high growth (20% yearly).
Fox Factory Holding's earnings are expected to grow by 16.9% yearly, however this is not considered high growth (20% yearly).
Fox Factory Holding's revenue growth is expected to exceed the United States of America market average.
Fox Factory Holding's earnings growth is expected to exceed the United States of America market average.
Fox Factory Holding's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Fox Factory Holding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Fox Factory Holding performed over the past 5 years?
27.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Fox Factory Holding has delivered over 20% year on year earnings growth in the past 5 years.
Fox Factory Holding's 1-year earnings growth exceeds its 5-year average (46.3% vs 27.8%)
Fox Factory Holding's earnings growth has exceeded the US Auto Components industry average in the past year (46.3% vs 8.1%).
Return on Equity
Fox Factory Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Fox Factory Holding used its assets more efficiently than the US Auto Components industry average last year based on Return on Assets.
Return on Capital Employed
Fox Factory Holding has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Fox Factory Holding's financial position?
Financial Position Analysis
Fox Factory Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Fox Factory Holding's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Fox Factory Holding's level of debt (20.2%) 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 (40.6% vs 20.2% today).
Debt is well covered by operating cash flow (68.3%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 32.4x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 3.7x debt.
Next Steps
Dividend
What is Fox Factory Holding's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Fox Factory Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Fox Factory Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Fox Factory Holding has not reported any payouts.
Unable to verify if Fox Factory Holding's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Fox Factory Holding has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of Fox Factory Holding's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of Fox Factory Holding's salary, the management and board of directors tenure and is there insider trading?
2.0yrs
Average management tenure
CEO
Mike Dennison (51yo)
0.3yrs
Tenure
US$1,838,277
Compensation
Mr. Michael C. Dennison, also known as Mike, is the Chief Executive Officer of Fox Factory Holding Corp. since June 29, 2019. He served as President of Powered Vehicles Group & Director at Fox Factory Hold ...
CEO Compensation Analysis
Mike's remuneration is lower than average for companies of similar size in United States of America.
Insufficient data for Mike to compare compensation growth.
Management Age and Tenure
2.0yrs
Average Tenure
54yo
Average Age
The tenure for the Fox Factory Holding management team is about average.
Board Age and Tenure
1.6yrs
Average Tenure
61yo
Average Age
The average tenure for the Fox Factory Holding board of directors is less than 3 years, this suggests a new board.
Insider Trading
Fox Factory Holding individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 30,000 |
| Max Price | US$68.40 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Treasurer |
| Shares | 7,000 |
| Max Price | US$67.94 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Treasurer |
| Shares | 13,583 |
| Max Price | US$73.01 |
| Entity | Individual |
| Role | Unit President President of Specialty Sports Group |
| Shares | 1,000 |
| Max Price | US$72.83 |
| Entity | Individual |
| Role | Unit President President of Specialty Sports Group |
| Shares | 1,000 |
| Max Price | US$75.24 |
| Entity | Individual |
| Role | Unit President President of Specialty Sports Group |
| Shares | 461 |
| Max Price | US$75.01 |
| Entity | Individual |
| Role | Unit President President of Specialty Sports Group |
| Shares | 5,000 |
| Max Price | US$75.00 |
| Entity | Individual |
| Role | Unit President President of Specialty Sports Group |
| Shares | 220 |
| Max Price | US$73.77 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 70,000 |
| Max Price | US$69.01 |
| Entity | Individual |
| Role | Unit President President of Specialty Sports Group |
| Shares | 2,000 |
| Max Price | US$75.94 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Treasurer |
| Shares | 5,000 |
| Max Price | US$66.52 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Treasurer |
| Shares | 1,750 |
| Max Price | US$67.44 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 45,000 |
| Max Price | US$64.69 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Treasurer |
| Shares | 5,000 |
| Max Price | US$65.87 |
| Entity | Individual |
| Role | Lead Director Lead Director |
| Shares | 4,701 |
| Max Price | US$64.02 |
Ownership Breakdown
Management Team
Larry Enterline (66yo)
Executive Chairman
- Tenure: 0.3yrs
- Compensation: US$1.93m
Rich Winters
President of Powered Vehicles Group
- Tenure: 0.9yrs
David Haugen
VP, General Counsel & Corporate Secretary
- Tenure: 2.6yrs
Zvi Glasman (55yo)
CFO & Treasurer
- Tenure: 11.7yrs
- Compensation: US$688.57k
Mike Dennison (51yo)
CEO & Director
- Tenure: 0.3yrs
- Compensation: US$1.84m
John Blocher
VP & Corporate Controller
- Tenure: 5.6yrs
Wes Allinger (54yo)
Executive VP of Specialty Sports Group of Cycling Division
- Tenure: 1.4yrs
- Compensation: US$925.46k
Dale Silvia
Chief Human Resources Officer
- Tenure: 2.6yrs
Chris Tutton (45yo)
President of Specialty Sports Group
- Tenure: 1.4yrs
- Compensation: US$1.15m
Board Members
Liz Fetter (61yo)
Director
- Tenure: 2.3yrs
- Compensation: US$105.75k
Larry Enterline (66yo)
Executive Chairman
- Tenure: 0.3yrs
- Compensation: US$1.93m
Dudley Mendenhall (64yo)
Lead Director
- Tenure: 0.3yrs
- Compensation: US$151.50k
Ted Waitman (69yo)
Director
- Tenure: 6.3yrs
- Compensation: US$112.38k
Jean Hlay (59yo)
Director
- Tenure: 0.6yrs
Tom Duncan (54yo)
Director
- Tenure: 2.2yrs
- Compensation: US$106.63k
Mike Dennison (51yo)
CEO & Director
- Tenure: 0.3yrs
- Compensation: US$1.84m
Company Information
Fox Factory Holding Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fox Factory Holding Corp.
- Ticker: FOXF
- Exchange: NasdaqGS
- Founded: 2007
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$2.432b
- Shares outstanding: 38.43m
- Website: https://www.ridefox.com
Number of Employees
Location
- Fox Factory Holding Corp.
- 6634 Highway 53
- Braselton
- Georgia
- 30517
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FOXF | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 2013 |
| FF0 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 2013 |
Biography
Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers front fork and rear suspension products for mountain bikes, road bikes, and e-bi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/22 00:31 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/28 |
| Annual Earnings | 2018/12/28 |
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.