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UAA

Under Armour NYSE:UAA Stock Report

Last Price

US$7.48

Market Cap

US$3.2b

7D

-5.7%

1Y

-63.7%

Updated

05 Oct, 2022

Data

Company Financials +
UAA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends0/6

UAA Stock Overview

Under Armour, Inc., together with its subsidiaries, engages in the developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth.

Under Armour Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Under Armour
Historical stock prices
Current Share PriceUS$7.48
52 Week HighUS$27.28
52 Week LowUS$6.38
Beta1.35
1 Month Change-9.66%
3 Month Change-15.19%
1 Year Change-63.73%
3 Year Change-61.58%
5 Year Change-54.72%
Change since IPO136.52%

Recent News & Updates

Sep 26
Is There An Opportunity With Under Armour, Inc.'s (NYSE:UAA) 34% Undervaluation?

Is There An Opportunity With Under Armour, Inc.'s (NYSE:UAA) 34% Undervaluation?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Under Armour, Inc...

Aug 15
Why Under Armour, Inc. (NYSE:UAA) Could Be Worth Watching

Why Under Armour, Inc. (NYSE:UAA) Could Be Worth Watching

While Under Armour, Inc. ( NYSE:UAA ) might not be the most widely known stock at the moment, it received a lot of...

Shareholder Returns

UAAUS LuxuryUS Market
7D-5.7%-3.2%1.9%
1Y-63.7%-35.4%-18.8%

Return vs Industry: UAA underperformed the US Luxury industry which returned -37.2% over the past year.

Return vs Market: UAA underperformed the US Market which returned -18.2% over the past year.

Price Volatility

Is UAA's price volatile compared to industry and market?
UAA volatility
UAA Average Weekly Movement7.6%
Luxury Industry Average Movement6.5%
Market Average Movement7.0%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

Stable Share Price: UAA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: UAA's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199612,300Colin Brownehttps://www.underarmour.com

Under Armour, Inc., together with its subsidiaries, engages in the developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company offers its apparel in compression, fitted, and loose fit types. It also provides footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.

Under Armour Fundamentals Summary

How do Under Armour's earnings and revenue compare to its market cap?
UAA fundamental statistics
Market CapUS$3.22b
Earnings (TTM)US$360.06m
Revenue (TTM)US$5.68b

9.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UAA income statement (TTM)
RevenueUS$5.68b
Cost of RevenueUS$2.82b
Gross ProfitUS$2.86b
Other ExpensesUS$2.50b
EarningsUS$360.06m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin50.36%
Net Profit Margin6.34%
Debt/Equity Ratio31.7%

How did UAA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is UAA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for UAA?

Other financial metrics that can be useful for relative valuation.

UAA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA5.4x
PEG Ratio2.4x

Price to Earnings Ratio vs Peers

How does UAA's PE Ratio compare to its peers?

UAA PE Ratio vs Peers
The above table shows the PE ratio for UAA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.2x
PVH PVH
3.6x10.2%US$3.3b
ZGN Ermenegildo Zegna
40.9x29.7%US$2.6b
CRI Carter's
10.2x-7.7%US$2.9b
HBI Hanesbrands
6x9.9%US$2.7b
UAA Under Armour
9.5x3.9%US$3.2b

Price-To-Earnings vs Peers: UAA is good value based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (15.2x).


Price to Earnings Ratio vs Industry

How does UAA's PE Ratio compare vs other companies in the US Luxury Industry?

Price-To-Earnings vs Industry: UAA is expensive based on its Price-To-Earnings Ratio (9.5x) compared to the US Luxury industry average (9.4x)


Price to Earnings Ratio vs Fair Ratio

What is UAA'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.

UAA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.5x
Fair PE Ratio12.1x

Price-To-Earnings vs Fair Ratio: UAA is good value based on its Price-To-Earnings Ratio (9.5x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).


Share Price vs Fair Value

What is the Fair Price of UAA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: UAA ($7.48) is trading below our estimate of fair value ($11.28)

Significantly Below Fair Value: UAA is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Under Armour forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UAA's forecast earnings growth (3.9% per year) is above the savings rate (1.9%).

Earnings vs Market: UAA's earnings (3.9% per year) are forecast to grow slower than the US market (14.8% per year).

High Growth Earnings: UAA's earnings are forecast to grow, but not significantly.

Revenue vs Market: UAA's revenue (5.1% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: UAA's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UAA's Return on Equity is forecast to be low in 3 years time (15.6%).


Discover growth companies

Past Performance

How has Under Armour performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-8.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UAA has high quality earnings.

Growing Profit Margin: UAA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: UAA's earnings have declined by 8.9% per year over the past 5 years.

Accelerating Growth: UAA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: UAA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (32.1%).


Return on Equity

High ROE: UAA's Return on Equity (17.2%) is considered low.


Discover strong past performing companies

Financial Health

How is Under Armour's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: UAA's short term assets ($3.3B) exceed its short term liabilities ($1.5B).

Long Term Liabilities: UAA's short term assets ($3.3B) exceed its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: UAA has more cash than its total debt.

Reducing Debt: UAA's debt to equity ratio has reduced from 40.3% to 31.7% over the past 5 years.

Debt Coverage: UAA's debt is well covered by operating cash flow (100.3%).

Interest Coverage: UAA's interest payments on its debt are well covered by EBIT (11.8x coverage).


Balance Sheet


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Dividend

What is Under Armour current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Under Armour Dividend Yield vs Market
How does Under Armour dividend yield compare to the market?
SegmentDividend Yield
Company (Under Armour)n/a
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.5%
Industry Average (Luxury)2.0%
Analyst forecast in 3 Years (Under Armour)0%

Notable Dividend: Unable to evaluate UAA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate UAA'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 UAA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UAA'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 UAA has not reported any payouts.


Discover strong dividend paying companies

Management

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

5.6yrs

Average management tenure


CEO

Colin Browne (58 yo)

0.33yr

Tenure

US$4,090,318

Compensation

Mr. Colin Browne serves as Interim President and Chief Executive Officer at Under Armour, Inc. since June 01, 2022 and served as its Chief Operating Officer since February 17, 2020 until May 2022. He had b...


CEO Compensation Analysis

Colin Browne's Compensation vs Under Armour Earnings
How has Colin Browne's remuneration changed compared to Under Armour's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2021US$4mUS$755k

US$360m

Sep 30 2021n/an/a

US$435m

Jun 30 2021n/an/a

US$360m

Mar 31 2021n/an/a

US$118m

Dec 31 2020US$2mUS$595k

-US$549m

Sep 30 2020n/an/a

-US$749m

Jun 30 2020n/an/a

-US$686m

Mar 31 2020n/an/a

-US$520m

Dec 31 2019US$3mUS$580k

US$92m

Sep 30 2019n/an/a

US$112m

Jun 30 2019n/an/a

US$85m

Mar 31 2019n/an/a

US$6m

Dec 31 2018n/an/a

-US$46m

Sep 30 2018n/an/a

-US$138m

Jun 30 2018n/an/a

-US$159m

Mar 31 2018n/an/a

-US$76m

Dec 31 2017n/an/a

-US$48m

Sep 30 2017n/an/a

US$143m

Jun 30 2017n/an/a

US$217m

Mar 31 2017n/an/a

US$177m

Dec 31 2016US$3mUS$169k

US$198m

Compensation vs Market: Colin's total compensation ($USD4.09M) is below average for companies of similar size in the US market ($USD6.80M).

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


Leadership Team

Experienced Management: UAA's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: UAA's board of directors are considered experienced (8 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.


Ownership Breakdown

What is the ownership structure of UAA?
Owner TypeNumber of SharesOwnership Percentage
State or Government175,1650.04%
General Public60,054,36613.2%
Individual Insiders71,013,08815.6%
Institutions323,993,19071.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 64.5% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
14.77%
Kevin Plank
67,230,478$502.9m0%no data
10.35%
The Vanguard Group, Inc.
47,109,327$352.4m19.21%no data
7.22%
BlackRock, Inc.
32,880,299$245.9m45.46%no data
2.83%
Morgan Stanley, Investment Banking and Brokerage Investments
12,890,957$96.4m315.43%0.02%
2.8%
Adage Capital Management, L.P.
12,756,465$95.4m-33.17%0.19%
2.77%
State Street Global Advisors, Inc.
12,630,237$94.5m-16.27%no data
2.75%
Dorsal Capital Management, LLC
12,500,000$93.5m25%5.6%
2.32%
Renaissance Technologies LLC
10,577,505$79.1m133.83%0.09%
1.74%
Columbia Management Investment Advisers, LLC
7,917,697$59.2m-45.79%0.02%
1.6%
Wellington Management Group LLP
7,281,077$54.5m-63.89%0.01%
1.41%
Assenagon Asset Management S.A.
6,417,791$48.0m12174.16%0.15%
1.36%
Janus Henderson Group plc
6,200,118$46.4m-46.04%0.02%
1.31%
Loomis Sayles & Company, L.P.
5,979,967$44.7m16.84%0.08%
1.31%
Disciplined Growth Investors, Inc.
5,956,408$44.6m49.59%1.13%
1.18%
Alyeska Investment Group, L.P.
5,364,308$40.1m-28.11%0.44%
1.12%
BNY Mellon Asset Management
5,108,058$38.2m19.38%0.01%
1.12%
Geode Capital Management, LLC
5,082,620$38.0m-33.52%no data
1.06%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
4,816,159$36.0m-21.47%0.01%
1.01%
Norges Bank Investment Management
4,591,853$34.3m0%no data
0.95%
ArrowMark Colorado Holdings, LLC
4,320,200$32.3m21.44%0.32%
0.84%
State of Wisconsin Investment Board
3,822,853$28.6m-55.9%0.06%
0.68%
Sarasin & Partners LLP
3,114,916$23.3m0%0.16%
0.67%
Balyasny Asset Management L.P.
3,049,210$22.8m34.78%0.1%
0.67%
Eaton Vance Management
3,028,972$22.7m22.41%no data
0.66%
Dimensional Fund Advisors LP
3,010,395$22.5m14.5%no data

Company Information

Under Armour, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Under Armour, Inc.
  • Ticker: UAA
  • Exchange: NYSE
  • Founded: 1996
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: US$3.222b
  • Shares outstanding: 455.24m
  • Website: https://www.underarmour.com

Number of Employees


Location

  • Under Armour, Inc.
  • 1020 Hull Street
  • 3rd Floor
  • Baltimore
  • Maryland
  • 21230-2080
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UAANYSE (New York Stock Exchange)YesClass A Common StockUSUSDNov 2005
U9RDB (Deutsche Boerse AG)YesClass A Common StockDEEURNov 2005
U9RXTRA (XETRA Trading Platform)YesClass A Common StockDEEURNov 2005
UAA *BMV (Bolsa Mexicana de Valores)YesClass A Common StockMXMXNNov 2005
0R2ILSE (London Stock Exchange)YesClass A Common StockGBUSDNov 2005
UAAWBAG (Wiener Boerse AG)YesClass A Common StockATEURNov 2005
U9RETLX (Eurotlx)YesClass A Common StockITEURNov 2005
UANYSE (New York Stock Exchange)Class C Common StockUSUSDApr 2016
U9RADB (Deutsche Boerse AG)Class C Common StockDEEURApr 2016
U9RAXTRA (XETRA Trading Platform)Class C Common StockDEEURApr 2016
UAAC *BMV (Bolsa Mexicana de Valores)Class C Common StockMXMXNApr 2016
0LIKLSE (London Stock Exchange)Class C Common StockGBUSDApr 2016
UACWBAG (Wiener Boerse AG)Class C Common StockATEURApr 2016
U1AI34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 1 REPR 1 COMBRBRLJan 2020

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/10/05 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.