NYSE:UFI

Stock Analysis Report

Executive Summary

Unifi, Inc., together with its subsidiaries, manufactures and sells recycled and synthetic products made from polyester and nylon in the United States, Brazil, China, and internationally.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

3.9%

UFI

1.7%

US Luxury

1.0%

US Market


1 Year Return

-9.6%

UFI

9.8%

US Luxury

6.7%

US Market

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

Return vs Market: UFI underperformed the US Market which returned 6.7% over the past year.


Share holder returns

UFIIndustryMarket
7 Day3.9%1.7%1.0%
30 Day-6.7%3.3%-1.8%
90 Day21.6%0.5%-1.8%
1 Year-9.6%-9.6%12.1%9.8%9.1%6.7%
3 Year-23.3%-23.3%54.8%47.9%46.1%36.6%
5 Year-20.9%-20.9%53.9%43.9%66.9%48.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

25%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: UFI ($22.26) is trading below our estimate of fair value ($29.72)

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


Price Based on Earnings

PE vs Industry: UFI is poor value based on its PE Ratio (166.7x) compared to the Luxury industry average (16.7x).

PE vs Market: UFI is poor value based on its PE Ratio (166.7x) compared to the US market (17.5x).


Price Based on Expected Growth

Low PEG Ratio: UFI is poor value based on its PEG Ratio (2.3x)


Price Based on Value of Assets

PB vs Industry: UFI is good value based on its PB Ratio (1x) compared to the US Luxury industry average (1.6x).


Next Steps

Future Growth

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

71.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: UFI's forecast earnings growth (71.4% per year) is above the savings rate (2.7%).

Earnings vs Market: UFI's earnings (71.4% 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: UFI's revenue (4.5% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: UFI's revenue (4.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: UFI's Return on Equity is forecast to be low in 3 years time (5.4%).


Next Steps

Past Performance

How has Unifi performed over the past 5 years?

-12.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UFI's earnings have declined by -12.8% per year over the past 5 years.

Accelerating Growth: UFI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UFI had negative earnings growth (-92.1%) over the past year, making it difficult to compare to the Luxury industry average (23.9%).


Return on Equity

High ROE: UFI's Return on Equity (0.6%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Unifi's financial position?


Financial Position Analysis

Short Term Liabilities: UFI's short term assets ($265.6M) exceeds its short term liabilities ($74.7M)

Long Term Liabilities: UFI's short term assets (265.6M) exceeds its long term liabilities (124.6M)


Debt to Equity History and Analysis

Debt Level: UFI's debt to equity ratio (29.7%) is considered satisfactory

Reducing Debt: UFI's debt to equity ratio has reduced from 33.5% to 29.7% over the past 5 years.

Debt Coverage: UFI's debt is not well covered by operating cash flow (6.2%).

Interest Coverage: UFI's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet

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

Debt Coverage by Assets: UFI's debt is covered by short term assets (assets are 2.278270x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

Growing Dividend: Insufficient data to determine if UFI'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 UFI'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 Unifi's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Unifi has no CEO, or we have no data on them.


Management Age and Tenure

3.5yrs

Average Tenure

59yo

Average Age

Experienced Management: UFI's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

3.5yrs

Average Tenure

67yo

Average Age

Experienced Board: UFI's board of directors are considered experienced (3.5 years average tenure).


Insider Trading

Insider Buying: UFI insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$849,01209 Sep 19
Impala Asset Management, LLC
EntityCompany
Shares41,700
Max PriceUS$20.36
BuyUS$69,20505 Sep 19
ValueAct Capital Management L.P.
EntityCompany
Shares3,652
Max PriceUS$18.95
BuyUS$197,10027 Aug 19
Kenneth Langone
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$19.71
BuyUS$197,20022 Aug 19
Kenneth Langone
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$19.72
BuyUS$370,05920 Aug 19
Kenneth Langone
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares18,689
Max PriceUS$19.99
BuyUS$2,162,00014 Aug 19
ValueAct Capital Management L.P.
EntityCompany
Shares115,000
Max PriceUS$18.80
BuyUS$201,40014 Aug 19
Kenneth Langone
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,600
Max PriceUS$19.00
BuyUS$378,32813 Aug 19
Kenneth Langone
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,711
Max PriceUS$18.78
BuyUS$1,060,45014 May 19
ValueAct Capital Management L.P.
EntityCompany
Shares52,500
Max PriceUS$20.20
BuyUS$2,351,25509 May 19
ValueAct Capital Management L.P.
EntityCompany
Shares115,000
Max PriceUS$20.54
BuyUS$215,27601 Mar 19
Impala Asset Management, LLC
EntityCompany
Shares9,741
Max PriceUS$22.10
BuyUS$558,19415 Feb 19
Impala Asset Management, LLC
EntityCompany
Shares24,354
Max PriceUS$22.92
BuyUS$764,38008 Feb 19
Impala Asset Management, LLC
EntityCompany
Shares35,543
Max PriceUS$21.60
BuyUS$850,40007 Feb 19
Kenneth Langone
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares40,000
Max PriceUS$21.59
BuyUS$104,25006 Feb 19
Richard Gerstein
EntityIndividual
Shares5,000
Max PriceUS$20.85
BuyUS$104,85006 Feb 19
Paul Charron
EntityIndividual
Shares5,000
Max PriceUS$20.97
BuyUS$1,623,93521 Nov 18
ValueAct Capital Management L.P.
EntityCompany
Shares60,500
Max PriceUS$26.92
BuyUS$1,896,01616 Nov 18
ValueAct Capital Management L.P.
EntityCompany
Shares70,300
Max PriceUS$26.98
BuyUS$748,12413 Nov 18
ValueAct Capital Management L.P.
EntityCompany
Shares27,909
Max PriceUS$26.95
BuyUS$13,33009 Nov 18
Jeffrey Ackerman
EntityIndividual
Shares500
Max PriceUS$26.66
BuyUS$1,146,82108 Nov 18
ValueAct Capital Management L.P.
EntityCompany
Shares43,360
Max PriceUS$26.48
BuyUS$89,59602 Nov 18
Kenneth Langone
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,554
Max PriceUS$25.21
BuyUS$24,47002 Nov 18
Paul Charron
EntityIndividual
Shares1,000
Max PriceUS$24.47

Ownership Breakdown


Management Team

  • Tom Caudle (67yo)

    President

    • Tenure: 3.5yrs
    • Compensation: US$1.61m
  • Al Carey (67yo)

    Executive Chairman

    • Tenure: 0.8yrs
    • Compensation: US$400.00k
  • Craig Creaturo (50yo)

    Executive VP & CFO

    • Tenure: 0.08yrs
  • Bill Jasper (66yo)

    Consultant

    • Tenure: 3.5yrs
    • Compensation: US$1.24m
  • Christopher Smosna (48yo)

    VP & Treasurer

    • Tenure: 11.8yrs
    • Compensation: US$363.47k
  • Ben Sirmons

    Secretary & Assistant General Counsel

    • Tenure: 0yrs
  • A.J. Eaker

    Vice President of Finance and Investor Relations

    • Tenure: 0yrs
  • Hongjun Ning (52yo)

    President of Asia Pacific and VP & GM of Asia

    • Tenure: 2.3yrs
  • Alison Jester

    Senior Vice President of Human Resources

    • Tenure: 0yrs

Board Members

  • Tom Caudle (67yo)

    President

    • Tenure: 3.5yrs
    • Compensation: US$1.61m
  • Kenneth Langone (83yo)

    Independent Director

    • Tenure: 50.8yrs
    • Compensation: US$150.00k
  • Archie Cox (79yo)

    Lead Independent Director

    • Tenure: 2yrs
    • Compensation: US$180.00k
  • Jim Kilts (71yo)

    Independent Director

    • Tenure: 3.5yrs
    • Compensation: US$150.00k
  • Al Carey (67yo)

    Executive Chairman

    • Tenure: 0.8yrs
    • Compensation: US$400.00k
  • Bob Bishop (62yo)

    Independent Director

    • Tenure: 3.5yrs
    • Compensation: US$150.00k
  • Jim Mead (75yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$150.00k
  • Suzanne Present (60yo)

    Independent Director

    • Tenure: 8.7yrs
    • Compensation: US$165.00k
  • Eva Zlotnicka (36yo)

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: US$186.49k

Company Information

Unifi, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Unifi, Inc.
  • Ticker: UFI
  • Exchange: NYSE
  • Founded: 1969
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: US$411.584m
  • Shares outstanding: 18.49m
  • Website: https://www.unifi.com

Number of Employees


Location

  • Unifi, Inc.
  • 7201 West Friendly Avenue
  • Greensboro
  • North Carolina
  • 27410
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UFINYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1980
36ADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1980

Biography

Unifi, Inc., together with its subsidiaries, manufactures and sells recycled and synthetic products made from polyester and nylon in the United States, Brazil, China, and internationally. It operates in fo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:23
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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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