NYSE:UAA

Stock Analysis Report

Executive Summary

Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.

Snowflake

Fundamentals

Excellent balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Under Armour's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.7%

UAA

1.7%

US Luxury

1.0%

US Market


1 Year Return

6.6%

UAA

9.8%

US Luxury

6.7%

US Market

Return vs Industry: UAA underperformed the US Luxury industry which returned 9.8% over the past year.

Return vs Market: UAA matched the US Market which returned 6.7% over the past year.


Share holder returns

UAAIndustryMarket
7 Day4.7%1.7%1.0%
30 Day-5.6%3.3%-1.8%
90 Day-26.9%0.5%-1.8%
1 Year6.6%6.6%12.1%9.8%9.1%6.7%
3 Year-46.9%-46.9%54.8%47.9%46.1%36.6%
5 Year-38.6%-38.6%53.9%43.9%66.9%48.6%

Price Volatility Vs. Market

How volatile is Under Armour's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Under Armour undervalued based on future cash flows and its price relative to the stock market?

4%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: UAA ($19.99) is trading below our estimate of fair value ($20.84)

Significantly Undervalued: UAA is trading below fair value, but not by a significant amount.


Price Based on Earnings

PE vs Industry: UAA is poor value based on its PE Ratio (106.1x) compared to the Luxury industry average (16.7x).

PE vs Market: UAA is poor value based on its PE Ratio (106.1x) compared to the US market (17.5x).


Price Based on Expected Growth

Low PEG Ratio: UAA is poor value based on its PEG Ratio (3.8x)


Price Based on Value of Assets

PB vs Industry: UAA is overvalued based on its PB Ratio (4.4x) compared to the US Luxury industry average (1.6x).


Next Steps

Future Growth

How is Under Armour expected to perform in the next 1 to 3 years based on estimates from 29 analysts?

28.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: UAA's forecast earnings growth (28% per year) is above the savings rate (2.7%).

Earnings vs Market: UAA's earnings (28% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: UAA's revenue (6.5% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: UAA's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: UAA's Return on Equity is forecast to be low in 3 years time (12.8%).


Next Steps

Past Performance

How has Under Armour performed over the past 5 years?

-38.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UAA's earnings have declined by -38.9% 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 (23.9%).


Return on Equity

High ROE: UAA's Return on Equity (4.1%) is considered low.


Return on Assets

ROA vs Industry: UAA's Return on Assets is below or equal to the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: UAA's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Under Armour's financial position?


Financial Position Analysis

Short Term Liabilities: UAA's short term assets ($2.4B) exceeds its short term liabilities ($1.3B)

Long Term Liabilities: UAA's short term assets (2.4B) exceeds its long term liabilities (1.3B)


Debt to Equity History and Analysis

Debt Level: UAA's debt to equity ratio (28.9%) is considered satisfactory

Reducing Debt: UAA's debt to equity ratio has increased from 17.2% to 28.9% over the past 5 years.

Debt Coverage: UAA's debt is well covered by operating cash flow (100.6%).

Interest Coverage: UAA's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet

Inventory Level: UAA has a high level of physical assets or inventory.

Debt Coverage by Assets: UAA's debt is covered by short term assets (assets are 4.133350x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Years0%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UAA's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Under Armour's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Kevin Plank (46yo)

23.8yrs

Tenure

US$6,556,629

Compensation

Mr. Kevin A. Plank has been the Chief Executive Officer of Under Armour, Inc. since 1996. Mr. Plank founded Under Armour, Inc. in 1995. He is the Founder of Sagamore Ventures, LLC. He served as the Preside ...


CEO Compensation Analysis

Compensation vs. Market: Kevin's total compensation ($USD6.56M) is about average for companies of similar size in the US market ($USD6.81M).

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


Management Age and Tenure

2.3yrs

Average Tenure

46yo

Average Age

Experienced Management: UAA's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

10.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: UAA's board of directors are seasoned and experienced ( 10.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$66,92825 Feb 19
Paul Fipps
EntityIndividual
Role
Senior Key Executive
Chief Digital Officer
Shares3,106
Max PriceUS$21.55

Ownership Breakdown


Management Team

  • Kelley McCormick

    Senior Vice President of Corporate Communications

    • Tenure: 1.8yrs
  • Kevin Plank (46yo)

    Founder

    • Tenure: 23.8yrs
    • Compensation: US$6.56m
  • Lance Allega

    Senior Vice President of Investor Relations & Corporate Development

    • Tenure: 2.8yrs
  • Patrik Frisk (56yo)

    President

    • Tenure: 2.3yrs
    • Compensation: US$6.29m
  • John Stanton (58yo)

    Executive VP

    • Tenure: 6.6yrs
  • Paul Fipps (46yo)

    Chief Digital Officer

    • Tenure: 0yrs
    • Compensation: US$4.77m
  • Dave Bergman (46yo)

    Principal Accounting Officer

    • Tenure: 0.4yrs
    • Compensation: US$2.62m
  • Tchernavia Rocker (45yo)

    Chief People & Culture Officer

    • Tenure: 0.8yrs
  • Kevin Eskridge (42yo)

    Chief Product Officer

    • Tenure: 2.4yrs
    • Compensation: US$2.73m
  • Alessandro De Pestel

    Chief Marketing Officer

    • Tenure: 1.1yrs

Board Members

  • Doug Coltharp (57yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$235.00k
  • Bill McDermott (57yo)

    Independent Director

    • Tenure: 14.2yrs
    • Compensation: US$235.00k
  • Harvey Sanders (69yo)

    Independent Director

    • Tenure: 14.9yrs
    • Compensation: US$237.50k
  • Karen Katz (62yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$225.00k
  • Jerri DeVard (61yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: US$225.00k
  • George Bodenheimer (60yo)

    Independent Director

    • Tenure: 5.2yrs
    • Compensation: US$225.00k
  • Mohamed El-Erian (60yo)

    Independent Director

    • Tenure: 1yrs
    • Compensation: US$206.25k
  • Buzzy Krongard (82yo)

    Lead Director

    • Tenure: 13.4yrs
    • Compensation: US$265.00k
  • Kevin Plank (46yo)

    Founder

    • Tenure: 23.8yrs
    • Compensation: US$6.56m
  • Eric Olson (67yo)

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: US$225.00k

Company Information

Under Armour, Inc.'s company bio, 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
  • Market Cap: US$8.625b
  • Shares outstanding: 451.25m
  • Website: https://www.underarmour.com

Number of Employees


Location

  • Under Armour, Inc.
  • 1020 Hull Street
  • Baltimore
  • Maryland
  • 21230
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UAANYSE (New York Stock Exchange)YesClass A Common StockUSUSDNov 2005
UAA *BMV (Bolsa Mexicana de Valores)YesClass A Common StockMXMXNNov 2005
UAASWX (SIX Swiss Exchange)YesClass A Common StockCHCHFNov 2005
0R2ILSE (London Stock Exchange)YesClass A Common StockGBUSDNov 2005
U9RDB (Deutsche Boerse AG)YesClass A Common StockDEEURNov 2005
UAAWBAG (Wiener Boerse AG)YesClass A Common StockATEURNov 2005
U9RADB (Deutsche Boerse AG)Class C Common StockDEEURApr 2016
UAAC *BMV (Bolsa Mexicana de Valores)Class C Common StockMXMXNApr 2016
UACWBAG (Wiener Boerse AG)Class C Common StockATEURApr 2016
0LIKLSE (London Stock Exchange)Class C Common StockGBUSDApr 2016
UANYSE (New York Stock Exchange)Class C Common StockUSUSDApr 2016

Biography

Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:47
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.

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