Hanesbrands
Market Cap
US$5.4b
Last Updated
2021/01/26 00:57 UTC
Data Sources
Company Financials +
Executive Summary
Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value average dividend payer.
Similar Companies
Share Price & News
How has Hanesbrands's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HBI's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
HBI
-1.5%
US Luxury
2.6%
US Market
1 Year Return
10.4%
HBI
26.8%
US Luxury
26.0%
US Market
Return vs Industry: HBI underperformed the US Luxury industry which returned 26.8% over the past year.
Return vs Market: HBI underperformed the US Market which returned 26% over the past year.
Shareholder returns
| HBI | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -1.5% | 2.6% |
| 30 Day | 6.2% | -0.6% | 5.1% |
| 90 Day | -11.4% | 12.0% | 17.1% |
| 1 Year | 16.1%10.4% | 28.0%26.8% | 28.9%26.0% |
| 3 Year | -22.7%-31.4% | 66.1%58.7% | 46.3%36.6% |
| 5 Year | -41.4%-50.3% | 86.7%74.2% | 126.9%101.6% |
Long-Term Price Volatility Vs. Market
How volatile is Hanesbrands's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why Hanesbrands Inc. (NYSE:HBI) Looks Like A Quality Company3 weeks ago | Simply Wall St
Hanesbrands (NYSE:HBI) Has A Somewhat Strained Balance Sheet1 month ago | Simply Wall St
Should You Use Hanesbrands's (NYSE:HBI) Statutory Earnings To Analyse It?Valuation
Is Hanesbrands undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HBI ($15.5) is trading below our estimate of fair value ($55.51)
Significantly Below Fair Value: HBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HBI is good value based on its PE Ratio (12.5x) compared to the US Luxury industry average (28.3x).
PE vs Market: HBI is good value based on its PE Ratio (12.5x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: HBI is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: HBI is overvalued based on its PB Ratio (4.7x) compared to the US Luxury industry average (2x).
Next Steps
Future Growth
How is Hanesbrands forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
11.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBI's forecast earnings growth (11.3% per year) is above the savings rate (2%).
Earnings vs Market: HBI's earnings (11.3% per year) are forecast to grow slower than the US market (21.5% per year).
High Growth Earnings: HBI's earnings are forecast to grow, but not significantly.
Revenue vs Market: HBI's revenue (1.8% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: HBI's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HBI's Return on Equity is forecast to be very high in 3 years time (45%).
Next Steps
Past Performance
How has Hanesbrands performed over the past 5 years?
2.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBI has a large one-off loss of $174.1M impacting its September 26 2020 financial results.
Growing Profit Margin: HBI's current net profit margins (6.7%) are lower than last year (8.1%).
Past Earnings Growth Analysis
Earnings Trend: HBI's earnings have grown by 2% per year over the past 5 years.
Accelerating Growth: HBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HBI had negative earnings growth (-21.7%) over the past year, making it difficult to compare to the Luxury industry average (-28.2%).
Return on Equity
High ROE: Whilst HBI's Return on Equity (38.41%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Hanesbrands's financial position?
Financial Position Analysis
Short Term Liabilities: HBI's short term assets ($4.1B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: HBI's short term assets ($4.1B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: HBI's debt to equity ratio (346%) is considered high.
Reducing Debt: HBI's debt to equity ratio has increased from 219.6% to 346% over the past 5 years.
Debt Coverage: HBI's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: HBI's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Hanesbrands's current dividend yield, its reliability and sustainability?
3.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HBI's dividend (3.87%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: HBI's dividend (3.87%) is in the top 25% of dividend payers in the US market (3.85%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HBI has been paying a dividend for less than 10 years.
Growing Dividend: HBI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.4%), HBI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HBI's dividends in 3 years are forecast to be well covered by earnings (48.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Steve Bratspies (52 yo)
0.42
Tenure
Mr. Stephen Bratspies also known as Steve, serves as Chief Executive Officer and Director at Hanesbrands Inc. since August 3, 2020. Mr. Bratspies served as Executive Vice President and Chief Merchandising ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group President of Global Operations | no data | US$1.24m | 0.063% $ 3.4m | |
| Chief Administrative Officer | 4.25yrs | US$1.26m | 0.12% $ 6.5m | |
| 0.42yr | US$3.96m | 0.36% $ 19.6m | ||
| Group President of Innerwear International | 1.75yrs | US$1.38m | 0.014% $ 741.8k | |
| CEO & Director | 0.42yr | no data | no data | |
| Chief Accounting Officer | 1yr | no data | 0.0084% $ 453.5k | |
| Chief Investor Relations Officer | 7.75yrs | no data | no data | |
| Chief Human Resources Officer | 0.33yr | no data | no data | |
| Chief Consumer Officer | 0.17yr | no data | no data | |
| Group President of Global Activewear | 2.67yrs | US$3.41m | 0.011% $ 600.4k |
1.0yrs
Average Tenure
52yo
Average Age
Experienced Management: HBI's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.42yr | no data | no data | |
| Independent Director | 7.5yrs | US$125.00k | 0.0053% $ 286.1k | |
| Director | 0.083yr | no data | no data | |
| Independent Chairman | 1.75yrs | US$220.22k | 0.067% $ 3.6m | |
| Independent Director | 12.08yrs | US$120.00k | 0.0050% $ 272.1k | |
| Independent Director | 14.33yrs | US$100.00k | no data | |
| Independent Director | 6yrs | US$105.00k | 0.0059% $ 320.7k | |
| Independent Director | 14.33yrs | US$120.00k | 0.012% $ 631.1k | |
| Independent Director | 2.5yrs | US$105.00k | no data |
6.0yrs
Average Tenure
66yo
Average Age
Experienced Board: HBI's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HBI 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
Hanesbrands Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hanesbrands Inc.
- Ticker: HBI
- Exchange: NYSE
- Founded: 1901
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: US$5.399b
- Shares outstanding: 348.32m
- Website: https://www.hanes.com
Number of Employees
Location
- Hanesbrands Inc.
- 1000 East Hanes Mill Road
- Winston-Salem
- North Carolina
- 27105
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HBI | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Aug 2006 |
| HN9 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Aug 2006 |
| 0J2X | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Aug 2006 |
| H1BI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 SHS UNSPON | BR | BRL | Jan 2020 |
Biography
Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children in the United States. The company operates through three segments...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 00:57 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/26 |
| Annual Earnings | 2019/12/28 |
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.