Market Cap
US$3.4b
Last Updated
2020/07/05 23:49 UTC
Data Sources
Company Financials +
Executive Summary
Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Coty's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COTY's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.5%
COTY
5.1%
US Personal Products
4.0%
US Market
1 Year Return
-61.5%
COTY
-5.0%
US Personal Products
4.9%
US Market
Return vs Industry: COTY underperformed the US Personal Products industry which returned -5% over the past year.
Return vs Market: COTY underperformed the US Market which returned 4.9% over the past year.
Shareholder returns
| COTY | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.5% | 5.1% | 4.0% |
| 30 Day | -12.4% | -3.2% | 1.3% |
| 90 Day | -11.0% | 26.0% | 29.5% |
| 1 Year | -60.1%-61.5% | -3.9%-5.0% | 7.2%4.9% |
| 3 Year | -73.6%-76.3% | 42.7%35.7% | 36.1%27.2% |
| 5 Year | -82.0%-84.5% | 36.8%25.4% | 65.3%46.9% |
Price Volatility Vs. Market
How volatile is Coty's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
What Is Coty Inc.'s (NYSE:COTY) Share Price Doing?1 year ago | Simply Wall St
Does Coty Inc (NYSE:COTY)'s Capital Return Make The Cut?1 year ago | Simply Wall St
Is Coty Inc's (NYSE:COTY) Balance Sheet A Threat To Its Future?Valuation
Is Coty undervalued compared to its fair value and its price relative to the market?
27.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COTY ($4.45) is trading below our estimate of fair value ($6.09)
Significantly Below Fair Value: COTY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COTY is unprofitable, so we can't compare its PE Ratio to the Personal Products industry average.
PE vs Market: COTY is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate COTY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COTY is good value based on its PB Ratio (0.9x) compared to the US Personal Products industry average (2.8x).
Next Steps
Future Growth
How is Coty forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
54.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COTY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: COTY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: COTY's is expected to become profitable in the next 3 years.
Revenue vs Market: COTY's revenue is expected to decline over the next 3 years (-2% per year).
High Growth Revenue: COTY's revenue is forecast to decline over the next 3 years (-2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COTY's Return on Equity is forecast to be low in 3 years time (8.1%).
Next Steps
Past Performance
How has Coty performed over the past 5 years?
-77.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COTY is currently unprofitable.
Growing Profit Margin: COTY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: COTY is unprofitable, and losses have increased over the past 5 years at a rate of -77.9% per year.
Accelerating Growth: Unable to compare COTY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COTY is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (17.5%).
Return on Equity
High ROE: COTY has a negative Return on Equity (-74.49%), as it is currently unprofitable.
Next Steps
Financial Health
How is Coty's financial position?
Financial Position Analysis
Short Term Liabilities: COTY's short term assets ($3.7B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: COTY's short term assets ($3.7B) do not cover its long term liabilities ($11.2B).
Debt to Equity History and Analysis
Debt Level: COTY's debt to equity ratio (230.5%) is considered high.
Reducing Debt: COTY's debt to equity ratio has reduced from 571.3% to 230.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable COTY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: COTY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.1% per year.
Next Steps
Dividend
What is Coty current dividend yield, its reliability and sustainability?
2.41%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate COTY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate COTY'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 COTY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COTY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: COTY is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of COTY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Peter Harf (74yo)
0.50
Tenure
US$487,205
Compensation
Mr. Peter Harf serves as Non-Executive Director at JDE Peet's B.V. since June 2020. He has been Chief Executive Officer at Coty Inc. since 2020. Mr. Harf has been a Director of Interbrew S.A. since 2002 an ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 0.50yr | US$487.21k | 1.62% $54.8m | |
| CFO & COO | 1.42yrs | US$3.75m | 0.020% $676.4k | |
| Chief Commercial Officer | 3.75yrs | US$8.68m | 0.025% $837.1k | |
| Senior VP & Group Controller | 4.17yrs | US$1.44m | 0.0034% $115.8k | |
| Vice President of Investor Relations | 1.08yrs | no data | no data | |
| Chief Legal Officer | 0.33yr | no data | no data | |
| Chief Human Resources Officer | 0.50yr | no data | no data | |
| Senior Vice President of North America Luxury | 5.92yrs | no data | no data | |
| Global Senior Vice President of eCommerce | 3.25yrs | no data | no data | |
| Senior Vice President of Global Trade Marketing & In-Store Excellence - Coty Consumer Beauty | no data | no data | no data |
1.4yrs
Average Tenure
60.5yo
Average Age
Experienced Management: COTY's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 0.50yr | US$487.21k | 1.62% $54.8m | |
| Lead Independent Director | 0.50yr | US$317.10k | 0.037% $1.3m | |
| Independent Director | 14.5yrs | US$317.10k | 0.051% $1.7m | |
| Independent Director | 0.83yr | no data | no data | |
| Independent Director | 3.25yrs | US$287.10k | no data | |
| Independent Director | 5.08yrs | US$187.10k | 0.000090% $3.1k | |
| Independent Non-Executive Director | 0.42yr | no data | no data | |
| Independent Director | 7.17yrs | US$187.10k | 0.017% $574.6k | |
| Independent Director | 0.67yr | no data | no data | |
| Non-Executive Director | 0.42yr | no data | no data |
1.3yrs
Average Tenure
62yo
Average Age
Experienced Board: COTY's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Coty Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Coty Inc.
- Ticker: COTY
- Exchange: NYSE
- Founded: 1904
- Industry: Personal Products
- Sector: Household
- Market Cap: US$3.396b
- Shares outstanding: 763.10m
- Website: https://www.coty.com
Number of Employees
Location
- Coty Inc.
- 350 Fifth Avenue
- New York
- New York
- 10118
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COTY | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Jun 2013 |
| CO3A | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Jun 2013 |
| CO3A | XTRA (XETRA Trading Platform) | Yes | Class A Common Stock | DE | EUR | Jun 2013 |
| 0I4A | LSE (London Stock Exchange) | Yes | Class A Common Stock | GB | USD | Jun 2013 |
| COTY34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM 'CLASS A' USD0.01 | BR | BRL | Jul 2015 |
Biography
Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. The company operates in three segments: Luxury, Consumer Beauty, and Professional Beauty. The Luxury segment offers prestige fragrances, and skincare and cosmetics products through various retailers, including perfumeries, department stores, and e-retailers and duty-free shops under the Alexander McQueen, Balenciaga, Burberry, Bottega Veneta, Calvin Klein, Cavalli, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Lacoste, Lancaster, Marc Jacobs, Miu Miu, philosophy, Stella McCartney, and Tiffany & Co. brands. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, mass fragrance, and body care and mass skin care products primarily through hypermarkets, supermarkets, drug stores, pharmacies, mid-tier department stores, traditional food and drug retailers, and e-commerce retailers. It provides its products under the Adidas, Beckham, Beyonce, Biocolor, Bozzano, Bourjois, Bruno Banani, Clairol, CoverGirl, Enrique, Jovan, Nautica, Max Factor, Mexx, Monange, Paixao, Rimmel, Risque, Sally Hansen, Stetson, Wella, Younique, and 007 James Bond brands. The Professional Beauty segment offers hair and nail care products to nail and hair salons, nail and hair professionals, and professional stores through direct sales forces and e-commerce platforms under the Clairol Professional, ghd, Kadus Professional, Londa Professional, Nioxin, O P I, Sassoon Professional, Sebastian, System Professional, and Wella Professionals brands. The company also sells its products to third-party distributors. It sells its products to approximately 150 countries. The company was founded in 1904 and is based in New York, New York. Coty Inc. operates as a subsidiary of Cottage Holdco B.V.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/05 23:49 |
| End of Day Share Price | 2020/07/02 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/06/30 |
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.