AMEX:DLA

Stock Analysis Report

Executive Summary

Delta Apparel, Inc., through its subsidiaries, designs, manufactures, sources, and markets a portfolio of lifestyle active wear apparel and related accessory products in the United States and internationally.

Snowflake

Fundamentals

Acceptable track record with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

5.9%

DLA

2.3%

US Luxury

1.3%

US Market


1 Year Return

42.3%

DLA

10.2%

US Luxury

5.9%

US Market

Return vs Industry: DLA exceeded the US Luxury industry which returned 10.2% over the past year.

Return vs Market: DLA exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

DLAIndustryMarket
7 Day5.9%2.3%1.3%
30 Day5.9%3.7%-1.9%
90 Day18.4%1.1%-1.8%
1 Year42.3%42.3%12.6%10.2%8.3%5.9%
3 Year60.0%60.0%55.5%48.6%45.6%36.2%
5 Year145.3%145.3%54.1%44.1%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Delta Apparel undervalued compared to its fair value and its price relative to the market?

22.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: DLA ($24.9) is trading above our estimate of fair value ($0.01)

Significantly Undervalued: DLA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DLA is poor value based on its PE Ratio (22.1x) compared to the Luxury industry average (16.6x).

PE vs Market: DLA is poor value based on its PE Ratio (22.1x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: DLA is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: DLA is good value based on its PB Ratio (1.1x) compared to the US Luxury industry average (1.5x).


Next Steps

Future Growth

How is Delta Apparel forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

41.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DLA's forecast earnings growth (41.8% per year) is above the savings rate (2.7%).

Earnings vs Market: DLA's earnings (41.8% per year) are forecast to grow faster than the US market (14.4% per year).

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

Revenue vs Market: DLA's revenue (6.4% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: DLA's revenue (6.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if DLA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Delta Apparel performed over the past 5 years?

13.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: DLA's earnings have grown by 13.1% per year over the past 5 years.

Accelerating Growth: DLA's earnings growth over the past year (2292.7%) exceeds its 5-year average (13.1% per year).

Earnings vs Industry: DLA earnings growth over the past year (2292.7%) exceeded the Luxury industry 23.9%.


Return on Equity

High ROE: DLA's Return on Equity (4.9%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Delta Apparel's financial position?


Financial Position Analysis

Short Term Liabilities: DLA's short term assets ($250.3M) exceeds its short term liabilities ($81.6M)

Long Term Liabilities: DLA's short term assets (250.3M) exceeds its long term liabilities (149.6M)


Debt to Equity History and Analysis

Debt Level: DLA's debt to equity ratio (87.5%) is considered high

Reducing Debt: DLA's debt to equity ratio has reduced from 100.6% to 87.5% over the past 5 years.

Debt Coverage: DLA's debt is not well covered by operating cash flow (6.6%).

Interest Coverage: DLA's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet

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

Debt Coverage by Assets: DLA's debt is covered by short term assets (assets are 1.903970x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if DLA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: DLA is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DLA'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 Delta Apparel's salary, the management and board of directors tenure and is there insider trading?

8.3yrs

Average management tenure


CEO

Robert Humphreys (62yo)

19.8yrs

Tenure

US$1,466,583

Compensation

Mr. Robert W. Humphreys has been the Chairman of the Board at Delta Apparel Inc. since June 2009 and as Chief Executive Officer since December 1999. Mr. Humphreys served as President at Delta Apparel Inc.  ...


CEO Compensation Analysis

Compensation vs. Market: Robert's total compensation ($USD1.47M) is about average for companies of similar size in the US market ($USD1.18M).

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


Management Age and Tenure

8.3yrs

Average Tenure

47yo

Average Age

Experienced Management: DLA's management team is seasoned and experienced (8.3 years average tenure).


Board Age and Tenure

3.7yrs

Average Tenure

66yo

Average Age

Experienced Board: DLA's board of directors are considered experienced (3.7 years average tenure).


Insider Trading

Insider Buying: DLA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$45,56010 Sep 19
Jeffery Stillwell
EntityIndividual
Role
Unit President
President of Salt Life Group
Shares2,000
Max PriceUS$22.85

Ownership Breakdown


Management Team

  • Robert Humphreys (62yo)

    Chairman & CEO

    • Tenure: 19.8yrs
    • Compensation: US$1.47m
  • Jeffery Stillwell

    President of Salt Life Group

    • Tenure: 1.3yrs
    • Compensation: US$926.55k
  • Deb Merrill (46yo)

    CFO, VP & Treasurer

    • Tenure: 13.3yrs
    • Compensation: US$2.04m
  • Justin Grow (47yo)

    VP of Administration

    • Tenure: 3.4yrs
    • Compensation: US$915.29k
  • Nancy Bubanich

    VP, Corporate Controller

    • Tenure: 8.3yrs

Board Members

  • Alec Taylor (66yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: US$87.33k
  • Dave Whalen (61yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: US$88.33k
  • Robert Humphreys (62yo)

    Chairman & CEO

    • Tenure: 19.8yrs
    • Compensation: US$1.47m
  • Glenda Hood

    Independent Director

    • Tenure: 0.5yrs
  • Anita Britt (55yo)

    Director

    • Tenure: 1.2yrs
    • Compensation: US$20.83k
  • George Gogue (72yo)

    Independent Director

    • Tenure: 8.9yrs
    • Compensation: US$92.33k
  • Robert Staton (72yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$92.33k
  • James Campbell (71yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$88.33k

Company Information

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


Key Information

  • Name: Delta Apparel, Inc.
  • Ticker: DLA
  • Exchange: AMEX
  • Founded: 1999
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: US$172.343m
  • Shares outstanding: 6.92m
  • Website: https://www.deltaapparelinc.com

Number of Employees


Location

  • Delta Apparel, Inc.
  • 322 South Main Street
  • Greenville
  • South Carolina
  • 29601
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DLAAMEX (NYSE MKT LLC)YesCommon StockUSUSDJun 2000

Biography

Delta Apparel, Inc., through its subsidiaries, designs, manufactures, sources, and markets a portfolio of lifestyle active wear apparel and related accessory products in the United States and international ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:33
End of Day Share Price2019/10/14 00:00
Earnings2019/06/29
Annual Earnings2018/09/29


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.