SKX Stock Overview
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide.
Skechers U.S.A Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$38.54|
|52 Week High||US$55.87|
|52 Week Low||US$33.50|
|1 Month Change||-1.78%|
|3 Month Change||-9.32%|
|1 Year Change||-22.16%|
|3 Year Change||19.73%|
|5 Year Change||29.63%|
|Change since IPO||988.19%|
Recent News & Updates
Skechers: A Long-Term Compounder With Defensive Characteristics
Skechers U.S.A., Inc. is the third largest sports shoe brand in the world that is in value territory now. Skechers has a 73% upside and has the potential to be a long-term growth compounder with its strong DTC and China expansion execution. With a strong value for money proposition, Skechers should also thrive in a recessionary environment and even gain market share from its competitors.
At US$39.40, Is Skechers U.S.A., Inc. (NYSE:SKX) Worth Looking At Closely?
Skechers U.S.A., Inc. ( NYSE:SKX ), might not be a large cap stock, but it saw a double-digit share price rise of over...
Skechers: Disciplined Growth Makes This A Quality Holding
Skechers’ stock has strong upside based on the company’s large physical store footprint and consistent market share gains. The current valuation of the stock implies profits will permanently fall 20% below current levels. The stock still presents excellent risk/reward and could be worth $70+/share today.
Here's Why I Think Skechers U.S.A (NYSE:SKX) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|SKX||US Luxury||US Market|
Return vs Industry: SKX exceeded the US Luxury industry which returned -28.6% over the past year.
Return vs Market: SKX underperformed the US Market which returned -18.4% over the past year.
|SKX Average Weekly Movement||6.9%|
|Luxury Industry Average Movement||7.5%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: SKX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SKX's weekly volatility (7%) has been stable over the past year.
About the Company
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide. The company operates through three segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. It offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street brands; and technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands.
Skechers U.S.A Fundamentals Summary
|SKX fundamental statistics|
Is SKX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SKX income statement (TTM)|
|Cost of Revenue||US$3.43b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||5.04|
|Net Profit Margin||11.41%|
How did SKX perform over the long term?See historical performance and comparison
Is SKX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SKX?
Other financial metrics that can be useful for relative valuation.
|What is SKX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SKX's PE Ratio compare to its peers?
|SKX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
DECK Deckers Outdoor
SHOO Steven Madden
WWW Wolverine World Wide
SKX Skechers U.S.A
Price-To-Earnings vs Peers: SKX is good value based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (18.9x).
Price to Earnings Ratio vs Industry
How does SKX's PE Ratio compare vs other companies in the US Luxury Industry?
Price-To-Earnings vs Industry: SKX is good value based on its Price-To-Earnings Ratio (7.6x) compared to the US Luxury industry average (10.6x)
Price to Earnings Ratio vs Fair Ratio
What is SKX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||7.6x|
|Fair PE Ratio||15x|
Price-To-Earnings vs Fair Ratio: SKX is good value based on its Price-To-Earnings Ratio (7.6x) compared to the estimated Fair Price-To-Earnings Ratio (15x).
Share Price vs Fair Value
What is the Fair Price of SKX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SKX ($38.54) is trading below our estimate of fair value ($90.76)
Significantly Below Fair Value: SKX is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: SKX is good value based on its PEG Ratio (0.5x)
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How is Skechers U.S.A forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKX's forecast earnings growth (13.9% per year) is above the savings rate (1.9%).
Earnings vs Market: SKX's earnings (13.9% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: SKX's earnings are forecast to grow, but not significantly.
Revenue vs Market: SKX's revenue (9.1% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: SKX's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SKX's Return on Equity is forecast to be low in 3 years time (14.2%).
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How has Skechers U.S.A performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKX has a high level of non-cash earnings.
Growing Profit Margin: SKX's current net profit margins (11.4%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: SKX's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: SKX's earnings growth over the past year (416.2%) exceeds its 5-year average (19% per year).
Earnings vs Industry: SKX earnings growth over the past year (416.2%) exceeded the Luxury industry 88.3%.
Return on Equity
High ROE: SKX's Return on Equity (22.8%) is considered high.
Discover strong past performing companies
How is Skechers U.S.A's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SKX's short term assets ($3.4B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: SKX's short term assets ($3.4B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: SKX has more cash than its total debt.
Reducing Debt: SKX's debt to equity ratio has increased from 4.3% to 10.2% over the past 5 years.
Debt Coverage: SKX's debt is well covered by operating cash flow (24.4%).
Interest Coverage: SKX's interest payments on its debt are well covered by EBIT (47.1x coverage).
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What is Skechers U.S.A current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SKX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SKX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SKX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SKX's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SKX has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Greenberg (81 yo)
Mr. Robert Y. Greenberg has been the Chairman and Chief Executive Officer of Skechers USA Inc. since October 1993. Mr. Greenberg founded Skechers USA Inc. in 1992. From 1979 to 1992, Mr. Greenberg served a...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD23.98M) is above average for companies of similar size in the US market ($USD8.23M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Experienced Management: SKX's management team is seasoned and experienced (22.2 years average tenure).
Experienced Board: SKX's board of directors are seasoned and experienced ( 19.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SKX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Skechers U.S.A., Inc.'s employee growth, exchange listings and data sources
- Name: Skechers U.S.A., Inc.
- Ticker: SKX
- Exchange: NYSE
- Founded: 1992
- Industry: Footwear
- Sector: Consumer Durables
- Implied Market Cap: US$5.845b
- Shares outstanding: 151.65m
- Website: https://www.skechers.com
Number of Employees
- Skechers U.S.A., Inc.
- 228 Manhattan Beach Boulevard
- Manhattan Beach
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
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.