Market Cap
US$4.2b
Last Updated
2020/12/03 23:35 UTC
Data Sources
Company Financials +
Executive Summary
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Crocs's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CROX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CROX's weekly volatility has decreased from 12% to 6% over the past year.
Market Performance
7 Day Return
4.7%
CROX
1.4%
US Luxury
0.9%
US Market
1 Year Return
71.2%
CROX
27.5%
US Luxury
22.1%
US Market
Return vs Industry: CROX exceeded the US Luxury industry which returned 27.9% over the past year.
Return vs Market: CROX exceeded the US Market which returned 22.2% over the past year.
Shareholder returns
| CROX | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.7% | 1.4% | 0.9% |
| 30 Day | 13.8% | 13.5% | 10.2% |
| 90 Day | 62.0% | 22.8% | 9.7% |
| 1 Year | 71.2%71.2% | 28.7%27.5% | 24.8%22.1% |
| 3 Year | 481.8%481.8% | 84.1%76.2% | 48.6%38.7% |
| 5 Year | 447.8%447.8% | 85.0%73.0% | 99.6%77.6% |
Long-Term Price Volatility Vs. Market
How volatile is Crocs's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Crocs, Inc.'s (NASDAQ:CROX) Stock's On An Uptrend: Are Strong Financials Guiding The Market?3 weeks ago | Simply Wall St
Here's What We Learned About The CEO Pay At Crocs, Inc. (NASDAQ:CROX)1 month ago | Simply Wall St
Calculating The Fair Value Of Crocs, Inc. (NASDAQ:CROX)Valuation
Is Crocs undervalued compared to its fair value and its price relative to the market?
19.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CROX ($62.78) is trading below our estimate of fair value ($77.97)
Significantly Below Fair Value: CROX is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CROX is poor value based on its PE Ratio (28.5x) compared to the US Luxury industry average (20x).
PE vs Market: CROX is poor value based on its PE Ratio (28.5x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: CROX is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: CROX is overvalued based on its PB Ratio (18.6x) compared to the US Luxury industry average (1.5x).
Next Steps
Future Growth
How is Crocs forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
14.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CROX's forecast earnings growth (14.6% per year) is above the savings rate (2.2%).
Earnings vs Market: CROX's earnings (14.6% per year) are forecast to grow slower than the US market (21.9% per year).
High Growth Earnings: CROX's earnings are forecast to grow, but not significantly.
Revenue vs Market: CROX's revenue (8.4% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: CROX's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CROX's Return on Equity is forecast to be very high in 3 years time (42.5%).
Next Steps
Past Performance
How has Crocs performed over the past 5 years?
65.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CROX has high quality earnings.
Growing Profit Margin: CROX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CROX has become profitable over the past 5 years, growing earnings by 65.4% per year.
Accelerating Growth: CROX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CROX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (-43.6%).
Return on Equity
High ROE: CROX's Return on Equity (65.5%) is considered outstanding.
Next Steps
Financial Health
How is Crocs's financial position?
Financial Position Analysis
Short Term Liabilities: CROX's short term assets ($472.3M) exceed its short term liabilities ($278.6M).
Long Term Liabilities: CROX's short term assets ($472.3M) exceed its long term liabilities ($295.4M).
Debt to Equity History and Analysis
Debt Level: CROX's debt to equity ratio (59.2%) is considered high.
Reducing Debt: CROX's debt to equity ratio has increased from 1.5% to 59.2% over the past 5 years.
Debt Coverage: CROX's debt is well covered by operating cash flow (129.9%).
Interest Coverage: CROX's interest payments on its debt are well covered by EBIT (22.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Crocs's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CROX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CROX'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 CROX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CROX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CROX'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?
3.5yrs
Average management tenure
CEO
Andrew Rees (53 yo)
3.5yrs
Tenure
US$6,217,747
Compensation
Mr. Andrew Rees has been the Chief Executive Officer of Crocs, Inc. since June 1, 2017 and served as its President since June 9, 2014 until September 10, 2020. Mr. Rees served as an Acting Principal Execut...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD6.22M) is about average for companies of similar size in the US market ($USD5.14M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$6.22m | 1.81% $ 76.6m | |
| Executive VP & CFO | 2.33yrs | US$1.99m | 0.15% $ 6.2m | |
| Executive VP & Chief Legal and Risk Officer | 10.92yrs | US$1.69m | 0.35% $ 14.7m | |
| President | 0.25yr | no data | 0.051% $ 2.2m | |
| Executive Vice President of Chief Operations & Transformations Officer | 0.75yr | no data | no data | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| Global Head of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer & Senior VP | 5.25yrs | no data | no data | |
| Senior Vice President of Global Human Resources | no data | no data | no data | |
| Senior VP & General Manager of Asia | 5.58yrs | no data | no data | |
| Vice President of Corporate Finance | no data | no data | no data | |
| Senior VP & Chief Digital Officer | no data | no data | no data |
3.5yrs
Average Tenure
52yo
Average Age
Experienced Management: CROX's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$6.22m | 1.81% $ 76.6m | |
| Independent Director | 9.5yrs | US$254.99k | 0.0043% $ 181.8k | |
| Independent Chairman | 9.5yrs | US$350.60k | 0.13% $ 5.5m | |
| Independent Director | 4.5yrs | US$239.99k | 0.12% $ 5.2m | |
| Independent Director | 0.92yr | no data | 0.0056% $ 235.6k | |
| Independent Director | 14.17yrs | US$222.49k | 0.18% $ 7.6m | |
| Independent Director | 5.67yrs | US$236.24k | 0.14% $ 5.9m | |
| Director | 0.17yr | no data | 0.0045% $ 191.5k |
5.1yrs
Average Tenure
62yo
Average Age
Experienced Board: CROX's board of directors are considered experienced (5.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CROX 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
Crocs, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Crocs, Inc.
- Ticker: CROX
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: US$4.237b
- Shares outstanding: 67.50m
- Website: https://www.crocs.com
Number of Employees
Location
- Crocs, Inc.
- 7477 East Dry Creek Parkway
- Niwot
- Colorado
- 80503
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CROX | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Feb 2006 |
| C7N | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 2006 |
Biography
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide. It offers various fo...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/03 23:35 |
| End of Day Share Price | 2020/12/03 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.