| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
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
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$91.27 |
| 52 Week High | US$114.98 |
| 52 Week Low | US$85.28 |
| Beta | 0.91 |
| 1 Month Change | -3.56% |
| 3 Month Change | -5.93% |
| 1 Year Change | -1.65% |
| 3 Year Change | 6.02% |
| 5 Year Change | 64.33% |
| Change since IPO | 1,148.11% |
Recent News & Updates
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.
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...
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
| COLM | US Luxury | US 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
| COLM volatility | |
|---|---|
| COLM Average Weekly Movement | 3.4% |
| Luxury Industry Average Movement | 5.9% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1938 | 7,275 | Tim Boyle | https://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
| COLM fundamental statistics | |
|---|---|
| Market Cap | US$5.95b |
| Earnings (TTM) | US$292.90m |
| Revenue (TTM) | US$2.91b |
20.3x
P/E Ratio2.0x
P/S RatioIs COLM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| COLM income statement (TTM) | |
|---|---|
| Revenue | US$2.91b |
| Cost of Revenue | US$1.43b |
| Gross Profit | US$1.49b |
| Expenses | US$1.19b |
| Earnings | US$292.90m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 03, 2022
| Earnings per share (EPS) | 4.49 |
| Gross Margin | 51.00% |
| Net Profit Margin | 10.06% |
| Debt/Equity Ratio | 0% |
How did COLM perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield12%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 23:19 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.