NOT FOR DISTRIBUTION
Header cover image

Market Cap

US$6.9b

Last Updated

2021/05/14 02:56 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Columbia Sportswear's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: COLM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: COLM's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.6%

COLM

-2.5%

US Luxury

-2.8%

US Market


1 Year Return

68.8%

COLM

69.2%

US Luxury

49.0%

US Market

Return vs Industry: COLM matched the US Luxury industry which returned 69.2% over the past year.

Return vs Market: COLM exceeded the US Market which returned 49% over the past year.


Shareholder returns

COLMIndustryMarket
7 Day-3.6%-2.5%-2.8%
30 Day-2.6%-1.1%-2.6%
90 Day1.9%-1.1%-1.5%
1 Year69.6%68.8%70.6%69.2%51.5%49.0%
3 Year24.0%21.1%63.3%56.6%58.2%48.3%
5 Year107.7%98.1%106.2%92.6%123.8%98.9%

Long-Term Price Volatility Vs. Market

How volatile is Columbia Sportswear's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

41.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: COLM ($103.66) is trading above our estimate of fair value ($92.96)

Significantly Below Fair Value: COLM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: COLM is poor value based on its PE Ratio (41.9x) compared to the US Luxury industry average (27.4x).

PE vs Market: COLM is poor value based on its PE Ratio (41.9x) compared to the US market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: COLM is poor value based on its PEG Ratio (3.2x)


Price to Book Ratio

PB vs Industry: COLM is overvalued based on its PB Ratio (3.7x) compared to the US Luxury industry average (2.1x).


Future Growth

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

13.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COLM's forecast earnings growth (13.2% per year) is above the savings rate (2%).

Earnings vs Market: COLM's earnings (13.2% per year) are forecast to grow slower than the US market (14.8% per year).

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

Revenue vs Market: COLM's revenue (6.9% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: COLM's revenue (6.9% 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 (17%).


Past Performance

How has Columbia Sportswear performed over the past 5 years?

3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COLM has high quality earnings.

Growing Profit Margin: COLM's current net profit margins (6.4%) are lower than last year (8.7%).


Past Earnings Growth Analysis

Earnings Trend: COLM's earnings have grown by 3.9% per year over the past 5 years.

Accelerating Growth: COLM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: COLM had negative earnings growth (-36.2%) over the past year, making it difficult to compare to the Luxury industry average (4.4%).


Return on Equity

High ROE: COLM's Return on Equity (8.8%) is considered low.


Financial Health

How is Columbia Sportswear's financial position?


Financial Position Analysis

Short Term Liabilities: COLM's short term assets ($1.8B) exceed its short term liabilities ($475.0M).

Long Term Liabilities: COLM's short term assets ($1.8B) exceed its long term liabilities ($450.1M).


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?

1.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: COLM's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.27%).

High Dividend: COLM's dividend (1%) is low compared to the top 25% of dividend payers in the US market (3.45%).


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: Unable to calculate sustainability of dividends as COLM has not reported any payouts.


Future Payout to Shareholders

Future Dividend Coverage: COLM's dividends in 3 years are forecast to be well covered by earnings (22.6% payout ratio).


Next Steps

Management

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

5.5yrs

Average management tenure


CEO

Tim Boyle (70 yo)

33.33yrs

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 ($USD1.24M) is below average for companies of similar size in the US market ($USD6.61M).

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 seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: COLM's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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 company bio, 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
  • Market Cap: US$6.889b
  • Shares outstanding: 66.45m
  • Website: https://www.columbia.com

Number of Employees


Location

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

Listings


Biography

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 S...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/14 02:56
End of Day Share Price2021/05/13 00:00
Earnings2021/03/31
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.