NasdaqGS:COLM

Stock Analysis Report

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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 moderate growth potential.


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 not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: COLM's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-3.0%

COLM

0.1%

US Luxury

0.6%

US Market


1 Year Return

-5.8%

COLM

30.2%

US Luxury

22.7%

US Market

Return vs Industry: COLM underperformed the US Luxury industry which returned 26.8% over the past year.

Return vs Market: COLM underperformed the US Market which returned 21% over the past year.


Shareholder returns

COLMIndustryMarket
7 Day-3.0%0.1%0.6%
30 Day11.5%15.9%13.1%
90 Day-8.4%16.2%4.5%
1 Year-5.5%-5.8%31.4%30.2%25.5%22.7%
3 Year23.6%20.7%84.3%76.1%49.0%39.1%
5 Year90.1%81.2%78.2%66.7%98.3%76.5%

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?

43.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: COLM ($83.19) is trading above our estimate of fair value ($80.47)

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 (43.9x) compared to the US Luxury industry average (18.8x).

PE vs Market: COLM is poor value based on its PE Ratio (43.9x) compared to the US market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: COLM is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: COLM is overvalued based on its PB Ratio (3.2x) compared to the US Luxury industry average (1.5x).


Next Steps

Future Growth

How is Columbia Sportswear forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

32.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COLM's forecast earnings growth (32.4% per year) is above the savings rate (2.2%).

Earnings vs Market: COLM's earnings (32.4% per year) are forecast to grow faster than the US market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: COLM's revenue (9.4% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: COLM's revenue (9.4% 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 (17.4%).


Next Steps

Past Performance

How has Columbia Sportswear performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COLM has high quality earnings.

Growing Profit Margin: COLM's current net profit margins (5%) are lower than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: COLM's earnings have grown by 8.9% 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 (-61.7%) over the past year, making it difficult to compare to the Luxury industry average (-43.6%).


Return on Equity

High ROE: COLM's Return on Equity (7.3%) is considered low.


Next Steps

Financial Health

How is Columbia Sportswear's financial position?


Financial Position Analysis

Short Term Liabilities: COLM's short term assets ($1.6B) exceed its short term liabilities ($499.6M).

Long Term Liabilities: COLM's short term assets ($1.6B) exceed its long term liabilities ($429.9M).


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 2.5%.

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


Next Steps

Dividend

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

0.95%

Forecast Dividend Yield


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: COLM is not paying a notable dividend for the US market.


Future Payout to Shareholders

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


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Tim Boyle (70 yo)

32.83yrs

Tenure

US$2,671,227

Compensation

Mr. Timothy P. Boyle, also known as Tim, serves as the Chairman of Columbia Sportswear Company since January 24, 2020. He has been the Chief Executive Officer of Columbia Sportswear Company since 1988 and ...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD2.67M) is below average for companies of similar size in the US market ($USD6.90M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Boyle
Chairman32.83yrsUS$2.67m36.72%
$ 2.0b
Jim Swanson
Executive VP & CFO3.33yrsUS$1.23m0.0033%
$ 179.0k
Thomas Cusick
Executive VP & COO3.33yrsUS$1.97m0.059%
$ 3.2m
Peter Bragdon
Executive VP5.75yrsUS$1.46m0.030%
$ 1.6m
Franco Fogliato
Executive Vice President of Global Omni-Channel7yrsUS$1.73m0.015%
$ 825.1k
Andrew Burns
Director of Investor Relations & Competitive Intelligence2.42yrsno datano data
Mary Glynn
Director of Corporate Communications2.58yrsno datano data
Richelle Luther
Chief Human Resource Officer & Senior VP5.17yrsno datano data
Lisa Kulok
Executive VP & Chief Supply Chain Officer5.5yrsno data0.0025%
$ 137.2k
Douglas Morse
Senior Vice President of Emerging Brands4.83yrsno data0.0024%
$ 132.9k
Joseph Boyle
Executive VP & Columbia Brand President5.5yrsno data3.6%
$ 195.3m
Peter Rauch
Senior VP of Asia Direct4.25yrsno data0.0024%
$ 129.7k

5.0yrs

Average Tenure

52yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Timothy Boyle
Chairman32.83yrsUS$2.67m36.72%
$ 2.0b
Andy Bryant
Lead Independent Director0.83yrUS$243.64k0.058%
$ 3.2m
Kevin Mansell
Independent Director1.67yrsUS$226.87k0.0013%
$ 68.4k
Walter Klenz
Independent Director20.83yrsUS$233.56k0.021%
$ 1.1m
Sabrina Simmons
Independent Director2.08yrsUS$233.56k0.0019%
$ 101.4k
Stephen Babson
Independent Director18.33yrsUS$243.64k0.24%
$ 12.9m
Malia Wasson
Independent Director5.67yrsUS$243.56k0.0072%
$ 392.8k
Ronald Nelson
Independent Director9.5yrsUS$233.64k0.019%
$ 1.0m

3.9yrs

Average Tenure

70yo

Average Age

Experienced Board: COLM's board of directors are considered experienced (3.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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$5.425b
  • Shares outstanding: 66.21m
  • Website: https://www.columbia.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COLMNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 1998
CUWDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1998

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 Analysis2020/12/01 23:04
End of Day Share Price2020/12/01 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.