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JOUT

Johnson OutdoorsNasdaqGS:JOUT Stock Report

Market Cap

US$1.1b

7D

0.9%

1Y

33.0%

Updated

23 Sep, 2021

Data

Company Financials +
JOUT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends1/6

JOUT Overview

Johnson Outdoors Inc. designs, manufactures, and markets camping, diving, watercraft, and marine electronics products worldwide.

Johnson Outdoors Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Johnson Outdoors
Historical stock prices
Current Share PriceUS$106.91
52 Week HighUS$79.13
52 Week LowUS$154.18
Beta0.90
1 Month Change-7.92%
3 Month Change-10.98%
1 Year Change33.04%
3 Year Change13.81%
5 Year Change196.73%
Change since IPO397.26%

Recent News & Updates

Aug 28
Calculating The Fair Value Of Johnson Outdoors Inc. (NASDAQ:JOUT)

Calculating The Fair Value Of Johnson Outdoors Inc. (NASDAQ:JOUT)

Does the August share price for Johnson Outdoors Inc. ( NASDAQ:JOUT ) reflect what it's really worth? Today, we will...

Aug 15

Johnson Outdoors After Sharp Correction: A Long-Term Buy With Upside Potential

Johnson Outdoors Inc. stock put in a pretty strong performance after the COVID-19 low, nearly tripling in the interim. After a sharp correction, however, the stock is now trading almost 25 percent below its all-time high. Of course, there is a risk that investors are reaching for a falling knife here. Above all, the stable balance sheet, a valuation that is not exorbitantly expensive, and high cash flows that should enable rising dividends are reasons to buy the stock. Moreover, Johnson Outdoors could benefit from the further development of the Corona pandemic.

Aug 12
Why The 22% Return On Capital At Johnson Outdoors (NASDAQ:JOUT) Should Have Your Attention

Why The 22% Return On Capital At Johnson Outdoors (NASDAQ:JOUT) Should Have Your Attention

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...

Jul 07
Here's Why We Think Johnson Outdoors (NASDAQ:JOUT) Is Well Worth Watching

Here's Why We Think Johnson Outdoors (NASDAQ:JOUT) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

JOUTUS LeisureUS Market
7D0.9%-3.6%-0.5%
1Y33.0%35.6%37.5%

Return vs Industry: JOUT exceeded the US Leisure industry which returned 30.9% over the past year.

Return vs Market: JOUT underperformed the US Market which returned 36.2% over the past year.

Price Volatility

Is JOUT's price volatile compared to industry and market?
JOUT volatility
JOUT Beta0.90
Industry Beta1.57
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
19701,200Helen Johnson-Leipoldhttps://www.johnsonoutdoors.com

Johnson Outdoors Inc. designs, manufactures, and markets camping, diving, watercraft, and marine electronics products worldwide. The company’s Fishing segment offers electric motors for trolling or primary propulsion, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing. This segment sells its products under the Minn Kota, Humminbird, and Cannon brands through outdoor specialty and Internet retailers, retail store chains, marine products distributors, original equipment manufacturers, and distributors.

Johnson Outdoors Fundamentals Summary

How do Johnson Outdoors's earnings and revenue compare to its market cap?
JOUT fundamental statistics
Market CapUS$1.06b
Earnings (TTM)US$92.00m
Revenue (TTM)US$750.07m

11.7x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JOUT income statement (TTM)
RevenueUS$750.07m
Cost of RevenueUS$410.59m
Gross ProfitUS$339.48m
ExpensesUS$247.48m
EarningsUS$92.00m

Last Reported Earnings

Jul 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.14
Gross Margin45.26%
Net Profit Margin12.27%
Debt/Equity Ratio0%

How did JOUT perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

9%

Payout Ratio

Valuation

Is Johnson Outdoors undervalued compared to its fair value and its price relative to the market?

15.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JOUT ($106.91) is trading below our estimate of fair value ($126.39)

Significantly Below Fair Value: JOUT is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: JOUT is good value based on its PE Ratio (11.7x) compared to the US Leisure industry average (14.9x).

PE vs Market: JOUT is good value based on its PE Ratio (11.7x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: JOUT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: JOUT is good value based on its PB Ratio (2.4x) compared to the US Leisure industry average (4.1x).


Future Growth

How is Johnson Outdoors forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-0.02%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JOUT's earnings are forecast to decline over the next 3 years (-0.02% per year).

Earnings vs Market: JOUT's earnings are forecast to decline over the next 3 years (-0.02% per year).

High Growth Earnings: JOUT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: JOUT's revenue (2.8% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: JOUT's revenue (2.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JOUT's Return on Equity is forecast to be low in 3 years time (16.2%).


Past Performance

How has Johnson Outdoors performed over the past 5 years?

26.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JOUT has high quality earnings.

Growing Profit Margin: JOUT's current net profit margins (12.3%) are higher than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: JOUT's earnings have grown significantly by 26.4% per year over the past 5 years.

Accelerating Growth: JOUT's earnings growth over the past year (107.7%) exceeds its 5-year average (26.4% per year).

Earnings vs Industry: JOUT earnings growth over the past year (107.7%) underperformed the Leisure industry 187.3%.


Return on Equity

High ROE: JOUT's Return on Equity (20.3%) is considered high.


Financial Health

How is Johnson Outdoors's financial position?


Financial Position Analysis

Short Term Liabilities: JOUT's short term assets ($486.6M) exceed its short term liabilities ($132.7M).

Long Term Liabilities: JOUT's short term assets ($486.6M) exceed its long term liabilities ($74.4M).


Debt to Equity History and Analysis

Debt Level: JOUT is debt free.

Reducing Debt: JOUT has no debt compared to 5 years ago when its debt to equity ratio was 3.5%.

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

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


Balance Sheet


Dividend

What is Johnson Outdoors's current dividend yield, its reliability and sustainability?

0.78%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JOUT's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: JOUT's dividend (0.79%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, JOUT has been paying a dividend for less than 10 years.

Growing Dividend: JOUT's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.2%), JOUT's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

15.3yrs

Average management tenure


CEO

Helen Johnson-Leipold (65 yo)

22.5yrs

Tenure

US$2,976,005

Compensation

Ms. Helen P. Johnson-Leipold serves as the Chairman and Chief Executive Officer of Johnson Outdoors Gear LLC. Ms. Johnson-Leipold has been the Chairman of the Board of Johnson Outdoors Inc. since 1994 and...


CEO Compensation Analysis

Compensation vs Market: Helen's total compensation ($USD2.98M) is about average for companies of similar size in the US market ($USD2.35M).

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


Leadership Team

Experienced Management: JOUT's management team is seasoned and experienced (15.3 years average tenure).


Board Members

Experienced Board: JOUT's board of directors are considered experienced (7 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

Johnson Outdoors Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Johnson Outdoors Inc.
  • Ticker: JOUT
  • Exchange: NasdaqGS
  • Founded: 1970
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: US$1.063b
  • Shares outstanding: 10.05m
  • Website: https://www.johnsonoutdoors.com

Number of Employees


Location

  • Johnson Outdoors Inc.
  • 555 Main Street
  • Racine
  • Wisconsin
  • 53403
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 22:56
End of Day Share Price2021/09/23 00:00
Earnings2021/07/02
Annual Earnings2020/10/02


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.