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COLM

Columbia SportswearNasdaqGS:COLM Stock Report

Last Price

US$91.27

Market Cap

US$6.0b

7D

-0.7%

1Y

-1.6%

Updated

17 Jan, 2022

Data

Company Financials +
COLM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends3/6

COLM Stock Overview

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada.

Columbia Sportswear Competitors

Levi Strauss

NYSE:LEVI

US$9.3b

Carter's

NYSE:CRI

US$4.1b

Kontoor Brands

NYSE:KTB

US$2.9b

Oxford Industries

NYSE:OXM

US$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Columbia Sportswear
Historical stock prices
Current Share PriceUS$91.27
52 Week HighUS$114.98
52 Week LowUS$85.28
Beta0.91
1 Month Change-3.56%
3 Month Change-5.93%
1 Year Change-1.65%
3 Year Change6.02%
5 Year Change64.33%
Change since IPO1,148.11%

Recent News & Updates

Dec 21

Columbia Sportswear: Valuation Improving After The Drop

Columbia Sportswear released its Q3 results in October, reporting a 15% increase in revenue year-over-year, but a double-digit decline on a two-year basis. This was impacted by supply chain headwinds which led to delayed receipts, and freight costs could impact margins next year despite planned price increases. The good news is that Columbia expected robust sales growth next year, and a combination of margin expansion and a lower share count is contributing to steady annual EPS growth. While I don't see enough of a margin of safety just yet, I would view pullbacks below $84.50 as low-risk buying opportunities.

Oct 28
Is Now An Opportune Moment To Examine Columbia Sportswear Company (NASDAQ:COLM)?

Is Now An Opportune Moment To Examine Columbia Sportswear Company (NASDAQ:COLM)?

Columbia Sportswear Company ( NASDAQ:COLM ), is not the largest company out there, but it received a lot of attention...

Sep 23

Columbia Sportswear: Undervalued As Pandemic Habits Turn Mainstream

Columbia Sportswear has been growing its market share with new and diverse product offerings around the globe. As they do so, they are also increasing their gross margins which allows for a higher cash generating environment resulting in better shareholder value. As a result, I am bullish on the company's 2-3 year prospects and believe they are undervalued by as much as 20% for the coming 18 months.

Shareholder Returns

COLMUS LuxuryUS Market
7D-0.7%-1.7%-0.3%
1Y-1.6%4.2%13.7%

Return vs Industry: COLM underperformed the US Luxury industry which returned 4.2% over the past year.

Return vs Market: COLM underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is COLM's price volatile compared to industry and market?
COLM volatility
COLM Average Weekly Movement3.4%
Luxury Industry Average Movement5.9%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: COLM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: COLM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19387,275Tim Boylehttps://www.columbia.com

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports, yoga, golf, and adventure travel. It also offers footwear products that include lightweight hiking boots, trail running shoes, rugged cold weather boots for activities on snow and ice, sandals and shoes for use in water activities, and function-first fashion footwear and casual shoes for everyday use.

Columbia Sportswear Fundamentals Summary

How do Columbia Sportswear's earnings and revenue compare to its market cap?
COLM fundamental statistics
Market CapUS$5.95b
Earnings (TTM)US$292.90m
Revenue (TTM)US$2.91b

20.3x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
COLM income statement (TTM)
RevenueUS$2.91b
Cost of RevenueUS$1.43b
Gross ProfitUS$1.49b
ExpensesUS$1.19b
EarningsUS$292.90m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 03, 2022

Earnings per share (EPS)4.49
Gross Margin51.00%
Net Profit Margin10.06%
Debt/Equity Ratio0%

How did COLM perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

12%

Payout Ratio

Valuation

Is Columbia Sportswear undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: COLM ($91.27) is trading below our estimate of fair value ($217.65)

Significantly Below Fair Value: COLM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: COLM is poor value based on its PE Ratio (20.3x) compared to the US Luxury industry average (16.9x).

PE vs Market: COLM is poor value based on its PE Ratio (20.3x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: COLM is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: COLM is overvalued based on its PB Ratio (3.2x) compared to the US Luxury industry average (1.8x).


Future Growth

How is Columbia Sportswear forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

11.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COLM's forecast earnings growth (11.5% per year) is above the savings rate (2%).

Earnings vs Market: COLM's earnings (11.5% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: COLM's earnings are forecast to grow, but not significantly.

Revenue vs Market: COLM's revenue (8.1% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: COLM's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COLM's Return on Equity is forecast to be low in 3 years time (19.8%).


Past Performance

How has Columbia Sportswear performed over the past 5 years?

6.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COLM has high quality earnings.

Growing Profit Margin: COLM's current net profit margins (10.1%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: COLM's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: COLM's earnings growth over the past year (131.9%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: COLM earnings growth over the past year (131.9%) exceeded the Luxury industry 57.1%.


Return on Equity

High ROE: COLM's Return on Equity (15.6%) is considered low.


Financial Health

How is Columbia Sportswear's financial position?


Financial Position Analysis

Short Term Liabilities: COLM's short term assets ($1.9B) exceed its short term liabilities ($590.7M).

Long Term Liabilities: COLM's short term assets ($1.9B) exceed its long term liabilities ($418.3M).


Debt to Equity History and Analysis

Debt Level: COLM is debt free.

Reducing Debt: COLM has no debt compared to 5 years ago when its debt to equity ratio was 1%.

Debt Coverage: COLM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: COLM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Columbia Sportswear current dividend yield, its reliability and sustainability?

1.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: COLM's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: COLM's dividend (1.14%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

Stable Dividend: COLM's dividend payments have been volatile in the past 10 years.

Growing Dividend: COLM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.8%), COLM's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: COLM's dividends in 3 years are forecast to be well covered by earnings (17.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Tim Boyle (71 yo)

34yrs

Tenure

US$1,238,168

Compensation

Mr. Timothy P. Boyle, also known as Tim, has been the Chairman of Columbia Sportswear Company since January 24, 2020. Mr. Boyle has been the Chief Executive Officer of Columbia Sportswear Company since 198...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD1.24M) is below average for companies of similar size in the US market ($USD6.40M).

Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: COLM's management team is considered experienced (5 years average tenure).


Board Members

Experienced Board: COLM's board of directors are seasoned and experienced ( 10.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: COLM insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Columbia Sportswear Company's employee growth, exchange listings and data sources


Key Information

  • Name: Columbia Sportswear Company
  • Ticker: COLM
  • Exchange: NasdaqGS
  • Founded: 1938
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: US$5.952b
  • Shares outstanding: 65.22m
  • Website: https://www.columbia.com

Number of Employees


Location

  • Columbia Sportswear Company
  • 14375 Northwest Science Park Drive
  • Portland
  • Oregon
  • 97229
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:19
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.