NasdaqCM:APEX

Stock Analysis Report

Executive Summary

Apex Global Brands Inc., a brand ownership and marketing company, creates and manages lifestyle brands worldwide.

Snowflake

Fundamentals

Overvalued with concerning outlook.


Similar Companies

Share Price & News

How has Apex Global Brands's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.4%

APEX

1.7%

US Luxury

1.0%

US Market


1 Year Return

-44.4%

APEX

9.8%

US Luxury

6.7%

US Market

Return vs Industry: APEX underperformed the US Luxury industry which returned 9.8% over the past year.

Return vs Market: APEX underperformed the US Market which returned 6.7% over the past year.


Share holder returns

APEXIndustryMarket
7 Day-5.4%1.7%1.0%
30 Day-47.8%3.3%-1.8%
90 Day-23.9%0.5%-1.8%
1 Year-44.4%-44.4%12.1%9.8%9.1%6.7%
3 Year-96.8%-96.8%54.8%47.9%46.1%36.6%
5 Year-97.8%-97.8%53.9%43.9%66.9%48.6%

Price Volatility Vs. Market

How volatile is Apex Global Brands's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Apex Global Brands undervalued based on future cash flows and its price relative to the stock market?

0.47x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate APEX's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate APEX's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: APEX is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: APEX is unprofitable, so we can't compare its PE Ratio to the US market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate APEX's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: APEX is good value based on its PB Ratio (0.5x) compared to the US Luxury industry average (1.6x).


Next Steps

Future Growth

How is Apex Global Brands expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

73.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: APEX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: APEX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: APEX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: APEX's revenue (11% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: APEX's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if APEX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Apex Global Brands performed over the past 5 years?

-56.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: APEX is unprofitable, and losses have increased over the past 5 years at a rate of -56.8% per year.

Accelerating Growth: Unable to compare APEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: APEX is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (23.9%).


Return on Equity

High ROE: APEX has a negative Return on Equity (-33.22%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: APEX is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: APEX is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Apex Global Brands's financial position?


Financial Position Analysis

Short Term Liabilities: APEX's short term assets ($7.3M) do not cover its short term liabilities ($10.5M)

Long Term Liabilities: APEX's short term assets (7.3M) do not cover its long term liabilities (72.3M)


Debt to Equity History and Analysis

Debt Level: APEX's debt to equity ratio (450.2%) is considered high

Reducing Debt: APEX's debt to equity ratio has increased from 121.3% to 450.2% over the past 5 years.


Balance Sheet

Inventory Level: APEX has a low level of unsold assets or inventory.

Debt Coverage by Assets: APEX's debt is not covered by short term assets (assets are 0.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: APEX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: APEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -116.2% each year


Next Steps

Dividend

What is Apex Global Brands's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate APEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate APEX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if APEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if APEX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: APEX is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of APEX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Apex Global Brands's salary, the management and board of directors tenure and is there insider trading?

7.5yrs

Average management tenure


CEO

Henry Stupp (56yo)

9.2yrs

Tenure

US$930,632

Compensation

Mr. Henry I. Stupp has been the Chief Executive Officer of Cherokee Inc. since August 26, 2010. Mr. Stupp Co-founded Montreal-based Novel Teez Designs, later known as NTD Apparel, a leading licensee of ent ...


CEO Compensation Analysis

Compensation vs. Market: Henry's total compensation ($USD930.63K) is above average for companies of similar size in the US market ($USD495.80K).

Compensation vs Earnings: Henry's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

7.5yrs

Average Tenure

57yo

Average Age

Experienced Management: APEX's management team is seasoned and experienced (7.5 years average tenure).


Board Age and Tenure

1.0yrs

Average Tenure

56yo

Average Age

Experienced Board: APEX's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$11,55729 Aug 19
Cove Street Capital, LLC
EntityCompany
Shares6,165.33
Max PriceUS$2.01
SellUS$6,29722 Aug 19
Cove Street Capital, LLC
EntityCompany
Shares3,985
Max PriceUS$1.62
SellUS$54,18121 Jun 19
Cove Street Capital, LLC
EntityCompany
Shares28,439
Max PriceUS$2.13

Ownership Breakdown


Management Team

  • Howard Siegel (64yo)

    President

    • Tenure: 21.3yrs
    • Compensation: US$581.78k
  • Steven Brink (57yo)

    Chief Financial Officer

    • Tenure: 1.8yrs
    • Compensation: US$632.08k
  • Henry Stupp (56yo)

    CEO & Director

    • Tenure: 9.2yrs
    • Compensation: US$930.63k
  • Noella Gomes

    Senior Vice President of Global Services

    • Tenure: 5.9yrs

Board Members

  • Jess Ravich (62yo)

    Independent Director

    • Tenure: 24.4yrs
    • Compensation: US$72.00k
  • Patti Johnson (61yo)

    Independent Director

    • Tenure: 0.5yrs
  • Dwight Mamanteo (50yo)

    Independent Director

    • Tenure: 1yrs
    • Compensation: US$34.00k
  • Henry Stupp (56yo)

    CEO & Director

    • Tenure: 9.2yrs
    • Compensation: US$930.63k
  • Evan Hengel (34yo)

    Independent Chairman

    • Tenure: 0.3yrs
    • Compensation: US$26.50k

Company Information

Apex Global Brands Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Apex Global Brands Inc.
  • Ticker: APEX
  • Exchange: NasdaqCM
  • Founded: 1988
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: US$5.798m
  • Shares outstanding: 5.52m
  • Website: https://apexglobalbrands.com

Number of Employees


Location

  • Apex Global Brands Inc.
  • 5990 Sepulveda Boulevard
  • Suite 600
  • Sherman Oaks
  • California
  • 91411
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APEXNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 1994

Biography

Apex Global Brands Inc., a brand ownership and marketing company, creates and manages lifestyle brands worldwide. The company’s brand portfolio that spans multiple consumer product categories and retail ti ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:31
End of Day Share Price2019/10/14 00:00
Earnings2019/08/03
Annual Earnings2019/02/02


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.

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