NasdaqGS:BGFV

Stock Analysis Report

Executive Summary

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States.


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Big 5 Sporting Goods's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BGFV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.8%

BGFV

0.9%

US Specialty Retail

-1.1%

US Market


1 Year Return

-9.4%

BGFV

17.7%

US Specialty Retail

17.9%

US Market

Return vs Industry: BGFV underperformed the US Specialty Retail industry which returned 17.7% over the past year.

Return vs Market: BGFV underperformed the US Market which returned 17.9% over the past year.


Shareholder returns

BGFVIndustryMarket
7 Day0.8%0.9%-1.1%
30 Day-7.0%2.7%1.4%
90 Day33.2%5.1%6.9%
1 Year-1.7%-9.4%19.5%17.7%20.3%17.9%
3 Year-66.9%-73.6%44.9%37.9%47.8%38.3%
5 Year-62.5%-72.1%48.1%36.1%71.9%53.0%

Price Volatility Vs. Market

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


Simply Wall St News

1 month ago | Simply Wall St

The Big 5 Sporting Goods (NASDAQ:BGFV) Share Price Is Down 81% So Some Shareholders Are Rather Upset

Valuation

Is Big 5 Sporting Goods undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BGFV ($3.57) is trading below our estimate of fair value ($62.17)

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


Price To Earnings Ratio

PE vs Industry: BGFV is poor value based on its PE Ratio (25.1x) compared to the Specialty Retail industry average (16.9x).

PE vs Market: BGFV is poor value based on its PE Ratio (25.1x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BGFV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BGFV is good value based on its PB Ratio (0.4x) compared to the US Specialty Retail industry average (1.5x).


Next Steps

Future Growth

How is Big 5 Sporting Goods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.8%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Big 5 Sporting Goods has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Big 5 Sporting Goods performed over the past 5 years?

-38.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BGFV has high quality earnings.

Growing Profit Margin: BGFV became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BGFV's earnings have declined by -38.7% per year over the past 5 years.

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

Earnings vs Industry: BGFV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (7.9%).


Return on Equity

High ROE: BGFV's Return on Equity (1.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Big 5 Sporting Goods's financial position?


Financial Position Analysis

Short Term Liabilities: BGFV's short term assets ($334.3M) exceed its short term liabilities ($219.2M).

Long Term Liabilities: BGFV's short term assets ($334.3M) exceed its long term liabilities ($292.9M).


Debt to Equity History and Analysis

Debt Level: BGFV's debt to equity ratio (33.6%) is considered satisfactory.

Reducing Debt: BGFV's debt to equity ratio has increased from 28.7% to 33.6% over the past 5 years.

Debt Coverage: BGFV's debt is well covered by operating cash flow (76.2%).

Interest Coverage: BGFV's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet

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

Debt Coverage by Assets: BGFV's debt is covered by short term assets (assets are 5.5x debt).


Next Steps

Dividend

What is Big 5 Sporting Goods's current dividend yield, its reliability and sustainability?

5.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BGFV's dividend (5.6%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: BGFV's dividend (5.6%) is in the top 25% of dividend payers in the US market (3.73%)


Stability and Growth of Payments

Stable Dividend: BGFV's dividend payments have been volatile in the past 10 years.

Growing Dividend: BGFV's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (140.5%), BGFV's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

10.7yrs

Average management tenure


CEO

Steven Miller (67yo)

20.1yrs

Tenure

US$793,236

Compensation

Mr. Steven G. Miller serves as Chief Executive Officer of Big 5 SG Corp., President of Big 5 SG Corp., and Chairman of Big 5 SG Corp. at Big 5 Corp. Mr. Miller has been Chairman since 2002, Chief Executive ...


CEO Compensation Analysis

Compensation vs Market: Steven's total compensation ($USD793.24K) is above average for companies of similar size in the US market ($USD522.48K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Steven Miller
Chairman20.1yrsUS$793.24k3.68% $2.8m
Barry Emerson
Senior VP14.3yrsUS$540.78k0.095% $73.0k
Luke Thompson
Senior VP1.6yrsUS$516.80k0.094% $72.4k
Shane Starr
Senior Vice President of Operations12.9yrsno data0.056% $43.2k
Michael Shinagawa
Chief Information Officer & Senior VP of MIS3.3yrsno datano data
Peter Mulvaney
Senior Vice President of Advertising & Marketing0yrsno datano data
Jeffrey Fraley
Senior Vice President of Human Resources18.6yrsUS$244.74k0.072% $55.5k
Boyd Clark
Senior Vice President of Buying8.5yrsUS$515.96k0.25% $192.3k
Michael Marrone
Senior Vice President of Store Operations3.4yrsUS$370.98k0.20% $155.4k
Elizabeth Chambers
Acting Controller0yrsno datano data

10.7yrs

Average Tenure

61.5yo

Average Age

Experienced Management: BGFV's management team is seasoned and experienced (10.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steven Miller
Chairman20.1yrsUS$793.24k3.68% $2.8m
David Jessick
Independent Director13.9yrsUS$152.50kno data
Van Honeycutt
Lead Independent Director3.3yrsUS$147.50k1.06% $815.9k
Colleen Brown
Director0.5yrsno datano data
Sandra Bane
Independent Director17.7yrsUS$158.50k0.014% $10.7k
Jennifer Dunbar
Independent Director16yrsUS$158.50k0.29% $226.1k
Stephen Carley
Director0.3yrsno datano data

13.9yrs

Average Tenure

66yo

Average Age

Experienced Board: BGFV's board of directors are seasoned and experienced ( 13.9 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

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


Top Shareholders

Company Information

Big 5 Sporting Goods Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Big 5 Sporting Goods Corporation
  • Ticker: BGFV
  • Exchange: NasdaqGS
  • Founded: 1955
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: US$76.876m
  • Shares outstanding: 21.53m
  • Website: https://www.big5sportinggoods.com

Number of Employees


Location

  • Big 5 Sporting Goods Corporation
  • 2525 East El Segundo Boulevard
  • El Segundo
  • California
  • 90245
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BGFVNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2002
BG3DB (Deutsche Boerse AG)YesCommon StockDEEURJun 2002

Biography

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company offers athletic shoes, apparel, and accessories, as well as a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports. It also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment. The company sells private label merchandise under its own trademarks comprising Golden Bear, Harsh, Pacifica, and Rugged Exposure; and licensed trademarks, including Bearpaw, Body Glove, and The Realm. As of April 30, 2019, it operated 433 stores and an e-commerce platform under the Big 5 Sporting Goods name. Big 5 Sporting Goods Corporation was founded in 1955 and is headquartered in El Segundo, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 23:44
End of Day Share Price2020/02/21 00:00
Earnings2019/09/29
Annual Earnings2018/12/30


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.