NasdaqGS:BGFV

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

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

-10.4%

BGFV

1.4%

US Specialty Retail

0.7%

US Market


1 Year Return

-26.5%

BGFV

13.0%

US Specialty Retail

13.7%

US Market

Return vs Industry: BGFV underperformed the US Specialty Retail industry which returned 13% over the past year.

Return vs Market: BGFV underperformed the US Market which returned 13.7% over the past year.


Shareholder returns

BGFVIndustryMarket
7 Day-10.4%1.4%0.7%
30 Day10.1%3.5%4.7%
90 Day53.8%14.3%6.1%
1 Year-20.6%-26.5%14.9%13.0%16.2%13.7%
3 Year-82.1%-85.5%40.7%33.4%48.8%39.2%
5 Year-71.9%-79.0%50.7%37.9%62.5%44.5%

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

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 ($2.83) is trading below our estimate of fair value ($55.88)

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 (19.9x) compared to the Specialty Retail industry average (16.4x).

PE vs Market: BGFV is poor value based on its PE Ratio (19.9x) 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 (0.3x) compared to the US Specialty Retail industry average (1.6x).


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?

34.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BGFV's forecast earnings growth (34.1% per year) is above the savings rate (2.7%).

Earnings vs Market: BGFV's earnings (34.1% 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: Insufficient data to determine if BGFV's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if BGFV's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


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's current net profit margins (0.3%) are higher than last year (-1.2%).


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 (5.6%).


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) exceeds its short term liabilities ($219.2M)

Long Term Liabilities: BGFV's short term assets ($334.3M) exceeds 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?

7.07%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Big 5 Sporting Goods before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company7.1%marketbottom25%1.4%markettop25%3.6%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: BGFV's dividend (7.07%) is higher than the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: BGFV's dividend (7.07%) is in the top 25% of dividend payers in the US market (3.65%)


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

What is the CEO of Big 5 Sporting Goods's salary, the management and board of directors tenure and is there insider trading?

10.5yrs

Average management tenure


CEO

Steven Miller (67yo)

19.8yrs

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 ($USD793.24K) is above average for companies of similar size in the US market ($USD509.90K).

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


Management Age and Tenure

10.5yrs

Average Tenure

61.5yo

Average Age

Experienced Management: BGFV's management team is seasoned and experienced (10.5 years average tenure).


Board Age and Tenure

13.7yrs

Average Tenure

66yo

Average Age

Experienced Board: BGFV's board of directors are seasoned and experienced ( 13.7 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.


Ownership Breakdown

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


Management Team

  • Barry Emerson (61yo)

    Senior VP

    • Tenure: 14.1yrs
    • Compensation: US$540.78k
  • Steven Miller (67yo)

    Chairman

    • Tenure: 19.8yrs
    • Compensation: US$793.24k
  • Jeffrey Fraley (62yo)

    Senior Vice President of Human Resources

    • Tenure: 18.3yrs
    • Compensation: US$244.74k
  • Elizabeth Chambers (65yo)

    Acting Controller

    • Tenure: 0yrs
  • Shane Starr (61yo)

    Senior Vice President of Operations

    • Tenure: 12.7yrs
  • Bud Clark (61yo)

    Senior Vice President of Buying

    • Tenure: 8.3yrs
    • Compensation: US$515.96k
  • Mike Marrone (67yo)

    Senior Vice President of Store Operations

    • Tenure: 3.2yrs
    • Compensation: US$370.98k
  • Michael Shinagawa

    Chief Information Officer & Senior VP of MIS

    • Tenure: 3.1yrs
  • Luke Thompson (47yo)

    Senior VP

    • Tenure: 1.3yrs
    • Compensation: US$516.80k
  • Peter Mulvaney

    Senior Vice President of Advertising & Marketing

    • Tenure: 0yrs

Board Members

  • David Jessick (66yo)

    Independent Director

    • Tenure: 13.7yrs
    • Compensation: US$152.50k
  • Van Honeycutt (74yo)

    Lead Independent Director

    • Tenure: 3.1yrs
    • Compensation: US$147.50k
  • Colleen Brown (60yo)

    Director

    • Tenure: 0.3yrs
  • Steven Miller (67yo)

    Chairman

    • Tenure: 19.8yrs
    • Compensation: US$793.24k
  • Sandra Bane (67yo)

    Independent Director

    • Tenure: 17.4yrs
    • Compensation: US$158.50k
  • Jennifer Dunbar (56yo)

    Independent Director

    • Tenure: 15.8yrs
    • Compensation: US$158.50k
  • Steve Carley (66yo)

    Director

    • Tenure: 0.08yrs

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$59.802m
  • Shares outstanding: 21.13m
  • 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 athle ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/17 23:31
End of Day Share Price2019/11/15 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.