Johnson Outdoors
Market Cap
US$586.5m
Last Updated
2020/04/05 05:19 UTC
Data Sources
Company Financials +
Executive Summary
Johnson Outdoors Inc. designs, manufactures, and markets camping, diving, watercraft, and marine electronics products worldwide.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -23.1% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with proven track record.
Similar Companies
Share Price & News
How has Johnson Outdoors's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JOUT's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-1.0%
JOUT
-1.7%
US Leisure
-3.8%
US Market
1 Year Return
-19.0%
JOUT
-35.4%
US Leisure
-15.9%
US Market
Return vs Industry: JOUT exceeded the US Leisure industry which returned -35.4% over the past year.
Return vs Market: JOUT underperformed the US Market which returned -15.9% over the past year.
Shareholder returns
| JOUT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.7% | -3.8% |
| 30 Day | -2.6% | -12.7% | -17.4% |
| 90 Day | -25.6% | -35.5% | -24.1% |
| 1 Year | -18.2%-19.0% | -34.3%-35.4% | -14.1%-15.9% |
| 3 Year | 69.8%65.8% | -39.5%-42.5% | 10.0%2.8% |
| 5 Year | 80.0%71.6% | -38.9%-44.7% | 27.6%13.5% |
Price Volatility Vs. Market
How volatile is Johnson Outdoors's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Should You Buy Johnson Outdoors Inc. (NASDAQ:JOUT) For Its Upcoming Dividend In 3 Days?2 weeks ago | Simply Wall St
Does Johnson Outdoors Inc. (NASDAQ:JOUT) Have A High Beta?3 weeks ago | Simply Wall St
Johnson Outdoors Inc. (NASDAQ:JOUT) Vies For A Place In Your Dividend Portfolio: Here's WhyValuation
Is Johnson Outdoors undervalued compared to its fair value and its price relative to the market?
10.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JOUT ($58.68) is trading above our estimate of fair value ($28.98)
Significantly Below Fair Value: JOUT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JOUT is good value based on its PE Ratio (10.8x) compared to the Leisure industry average (11.4x).
PE vs Market: JOUT is good value based on its PE Ratio (10.8x) compared to the US market (12.2x).
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 overvalued based on its PB Ratio (1.8x) compared to the US Leisure industry average (1.7x).
Next Steps
Future Growth
How is Johnson Outdoors forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-23.1%
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 (-23.1% per year).
Earnings vs Market: JOUT's earnings are forecast to decline over the next 3 years (-23.1% per year).
High Growth Earnings: JOUT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: JOUT's revenue is expected to decline over the next 3 years (-3.9% per year).
High Growth Revenue: JOUT's revenue is forecast to decline over the next 3 years (-3.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if JOUT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Johnson Outdoors performed over the past 5 years?
35.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JOUT has high quality earnings.
Growing Profit Margin: JOUT's current net profit margins (9.3%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: JOUT's earnings have grown significantly by 35.3% per year over the past 5 years.
Accelerating Growth: JOUT's earnings growth over the past year (23.7%) is below its 5-year average (35.3% per year).
Earnings vs Industry: JOUT earnings growth over the past year (23.7%) exceeded the Leisure industry -3.4%.
Return on Equity
High ROE: JOUT's Return on Equity (16.4%) is considered low.
Next Steps
Financial Health
How is Johnson Outdoors's financial position?
Financial Position Analysis
Short Term Liabilities: JOUT's short term assets ($330.1M) exceed its short term liabilities ($95.3M).
Long Term Liabilities: JOUT's short term assets ($330.1M) exceed its long term liabilities ($60.6M).
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 16.4%.
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
Inventory Level: JOUT has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if JOUT's debt is covered by short term assets.
Next Steps
Dividend
What is Johnson Outdoors's current dividend yield, its reliability and sustainability?
1.16%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: JOUT's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2.07%).
High Dividend: JOUT's dividend (1.16%) is low compared to the top 25% of dividend payers in the US market (5.82%).
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 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.4%), 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?
13.9yrs
Average management tenure
CEO
Helen Johnson-Leipold (63yo)
21.08s
Tenure
US$2,589,519
Compensation
Ms. Helen P. Johnson-Leipold serves as the Chairman and Chief Executive Officer of Johnson Outdoors Gear LLC. Ms. Johnson-Leipold has been the Chairman of the Board of Johnson Outdoors Inc. since 1994 and ...
CEO Compensation Analysis
Compensation vs Market: Helen's total compensation ($USD2.59M) is about average for companies of similar size in the US market ($USD2.26M).
Compensation vs Earnings: Helen's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 21.08yrs | US$2.59m | 27.16% $159.3m | |
| CFO & VP | 14.42yrs | US$1.04m | 0.16% $923.3k | |
| Vice President of Global Operations | no data | no data | no data | |
| Chief Information Officer & VP | 13.42yrs | no data | no data | |
| VP, General Counsel & Corporate Secretary | 3.17yrs | no data | no data | |
| Vice President of Global Marketing Services & Communication | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data |
13.9yrs
Average Tenure
Experienced Management: JOUT's management team is seasoned and experienced (13.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 21.08yrs | US$2.59m | 27.16% $159.3m | |
| Independent Director | 19.25yrs | US$139.52k | 0.24% $1.4m | |
| Independent Director | 1.33yrs | US$112.37k | 0.022% $128.3k | |
| Independent Director | 5.58yrs | US$127.65k | 0.023% $132.3k | |
| Independent Director | 21.25yrs | US$151.65k | 0.23% $1.3m | |
| Vice Chairman & Lead Outside Director | 22.5yrs | US$188.52k | 0.56% $3.3m | |
| Independent Director | 14.25yrs | US$137.02k | 0.21% $1.2m | |
| Independent Director | 5.58yrs | US$135.52k | 0.035% $207.3k | |
| Independent Director | 3.42yrs | US$131.02k | 0.023% $132.3k |
14.3yrs
Average Tenure
63yo
Average Age
Experienced Board: JOUT's board of directors are seasoned and experienced ( 14.3 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 company bio, 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$586.546m
- Shares outstanding: 10.00m
- Website: https://www.johnsonoutdoors.com
Number of Employees
Location
- Johnson Outdoors Inc.
- 555 Main Street
- Racine
- Wisconsin
- 53403
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JOUT | NasdaqGS (Nasdaq Global Select) | Yes | Class A Shares | US | USD | Oct 1987 |
Biography
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. Its Camping segment offers consumer, commercial, and military tents and accessories; sleeping bags; camping furniture and stoves; other recreational camping products; and portable outdoor cooking systems, as well as acts as a subcontract manufacturer for other providers of military tents. This segment sells its products under the Eureka! and Jetboil brands through independent sales representatives and Internet retailers. The company’s Watercraft Recreation segment provides kayaks, canoes, and paddles through independent specialty and outdoor retailers under the Ocean Kayaks, Old Town, and Carlisle brands. Its Diving segment manufactures and markets underwater diving and snorkeling equipment, including regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels, and accessories under the SCUBAPRO brand name. This segment also provides regular maintenance, product repair, diving education, and travel program services; and sells diving gear to dive training centers, resorts, public safety units, and armed forces. It sells its products through specialty dive stores and diving magazines, as well as through Websites. Johnson Outdoors Inc. was founded in 1970 and is headquartered in Racine, Wisconsin.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/05 05:19 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2019/12/27 |
| Annual Earnings | 2019/09/27 |
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.