| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
LESL Stock Overview
Leslie's, Inc. operates as a direct-to-consumer pool and spa care brand in the United States.
Leslie's Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.23 |
| 52 Week High | US$27.76 |
| 52 Week Low | US$13.74 |
| Beta | 0 |
| 1 Month Change | -16.77% |
| 3 Month Change | -14.71% |
| 1 Year Change | -41.24% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -25.21% |
Recent News & Updates
Leslie's Might Be Worth Dipping Into
Leslie's has experienced a great deal of downside recently, even more so than the broader market. This comes even as top-line performance continues to improve and some cash flow metrics improve as well. Despite the real risk of weakness in the near term, shares are finally starting to look attractive.
Is There An Opportunity With Leslie's, Inc.'s (NASDAQ:LESL) 42% Undervaluation?
How far off is Leslie's, Inc. ( NASDAQ:LESL ) from its intrinsic value? Using the most recent financial data, we'll...
Shareholder Returns
| LESL | US Specialty Retail | US Market | |
|---|---|---|---|
| 7D | 7.5% | 6.3% | 6.6% |
| 1Y | -41.2% | -26.6% | -18.4% |
Return vs Industry: LESL underperformed the US Specialty Retail industry which returned -26.6% over the past year.
Return vs Market: LESL underperformed the US Market which returned -18.4% over the past year.
Price Volatility
| LESL volatility | |
|---|---|
| LESL Average Weekly Movement | 8.4% |
| Specialty Retail Industry Average Movement | 8.9% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: LESL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: LESL's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1963 | 3,700 | Mike Egeck | https://lesliespool.com |
Leslie's, Inc. operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It offers pool chemicals consisting of chlorine, sanitizers, water balancers, specialty chemicals, and algae control; pool covers, including winter, solar and safety covers, leaf nets, cover reels, and cover alternatives; pool equipment, which comprise pool cleaners, pool pumps, pool filters, pool heating, and lighting; and pools, such as above ground pools, soft side pools, above ground pools liners and equipment, ladders and rails, and diving boards.
Leslie's Fundamentals Summary
| LESL fundamental statistics | |
|---|---|
| Market Cap | US$2.97b |
| Earnings (TTM) | US$141.45m |
| Revenue (TTM) | US$1.42b |
21.0x
P/E Ratio2.1x
P/S RatioIs LESL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LESL income statement (TTM) | |
|---|---|
| Revenue | US$1.42b |
| Cost of Revenue | US$793.66m |
| Gross Profit | US$624.71m |
| Other Expenses | US$483.26m |
| Earnings | US$141.45m |
Last Reported Earnings
Apr 02, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.77 |
| Gross Margin | 44.04% |
| Net Profit Margin | 9.97% |
| Debt/Equity Ratio | -216.7% |
How did LESL perform over the long term?
See historical performance and comparisonValuation
Is LESL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LESL?
Other financial metrics that can be useful for relative valuation.
| What is LESL's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$2.97b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.8x |
| Enterprise Value/EBITDA | 15.7x |
| PEG Ratio | 1.5x |
Price to Earnings Ratio vs Peers
How does LESL's PE Ratio compare to its peers?
| LESL PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 14.2x |
Price-To-Earnings vs Peers: LESL is expensive based on its Price-To-Earnings Ratio (21x) compared to the peer average (14.2x).
Price to Earnings Ratio vs Industry
How does LESL's PE Ratio compare vs other companies in the U.S. Specialty Retail Industry?
Price-To-Earnings vs Industry: LESL is expensive based on its Price-To-Earnings Ratio (21x) compared to the US Specialty Retail industry average (6.4x)
Price to Earnings Ratio vs Fair Ratio
What is LESL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 21x |
| Fair PE Ratio | 14.4x |
Price-To-Earnings vs Fair Ratio: LESL is expensive based on its Price-To-Earnings Ratio (21x) compared to the estimated Fair Price-To-Earnings Ratio (14.4x).
Share Price vs Fair Value
What is the Fair Price of LESL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LESL ($16.23) is trading below our estimate of fair value ($34.15)
Significantly Below Fair Value: LESL is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: LESL is poor value based on its PEG Ratio (1.5x)
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Future Growth
How is Leslie's forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
14.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LESL's forecast earnings growth (14.2% per year) is above the savings rate (1.9%).
Earnings vs Market: LESL's earnings (14.2% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: LESL's earnings are forecast to grow, but not significantly.
Revenue vs Market: LESL's revenue (6.8% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: LESL's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LESL's Return on Equity is forecast to be high in 3 years time
Discover growth companies
Past Performance
How has Leslie's performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
59.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LESL has high quality earnings.
Growing Profit Margin: LESL's current net profit margins (10%) are higher than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: LESL's earnings have grown significantly by 59.7% per year over the past 5 years.
Accelerating Growth: LESL's earnings growth over the past year (82.3%) exceeds its 5-year average (59.7% per year).
Earnings vs Industry: LESL earnings growth over the past year (82.3%) exceeded the Specialty Retail industry 40.3%.
Return on Equity
High ROE: LESL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Discover strong past performing companies
Financial Health
How is Leslie's's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: LESL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LESL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LESL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LESL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LESL's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: LESL's interest payments on its debt are well covered by EBIT (7.7x coverage).
Balance Sheet
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Dividend
What is Leslie's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LESL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LESL'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 LESL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LESL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as LESL has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Mike Egeck (62 yo)
2.33yrs
Tenure
US$7,911,515
Compensation
Mr. Michael R. Egeck, also known as Mike, serves as Chief Executive Officer and Director at Leslie's, Inc. since February 2020. He serves as Chief Executive Officer at Leslie's Poolmart Inc. since February...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD7.91M) is about average for companies of similar size in the US market ($USD6.88M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Leadership Team
Experienced Management: LESL's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: LESL's board of directors are not considered experienced ( 2 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
Leslie's, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Leslie's, Inc.
- Ticker: LESL
- Exchange: NasdaqGS
- Founded: 1963
- Industry: Specialty Stores
- Sector: Retail
- Implied Market Cap: US$2.967b
- Shares outstanding: 182.84m
- Website: https://lesliespool.com
Number of Employees
Location
- Leslie's, Inc.
- 2005 East Indian School Road
- Phoenix
- Arizona
- 85016
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/26 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2022/04/02 |
| Annual Earnings | 2021/10/02 |
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.