NasdaqGM:OSTK

Stock Analysis Report

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Market Cap

US$3.7b

Last Updated

2021/06/23 05:50 UTC

Data Sources

Company Financials +

Executive Summary

Overstock.com, Inc. operates as an online retailer in the United States. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Overstock.com's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OSTK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: OSTK's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

-1.9%

OSTK

2.6%

US Online Retail

-0.1%

US Market


1 Year Return

222.6%

OSTK

19.2%

US Online Retail

39.0%

US Market

Return vs Industry: OSTK exceeded the US Online Retail industry which returned 22.3% over the past year.

Return vs Market: OSTK exceeded the US Market which returned 39% over the past year.


Shareholder returns

OSTKIndustryMarket
7 Day-1.9%2.6%-0.1%
30 Day7.5%6.1%2.6%
90 Day37.1%5.1%8.0%
1 Year222.6%222.6%19.4%19.2%41.2%39.0%
3 Year197.5%197.5%68.3%67.7%62.4%52.3%
5 Year447.4%447.4%292.4%291.9%132.3%106.2%

Long-Term Price Volatility Vs. Market

How volatile is Overstock.com's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Overstock.com undervalued compared to its fair value and its price relative to the market?

40.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: OSTK ($84.9) is trading above our estimate of fair value ($83.9)

Significantly Below Fair Value: OSTK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: OSTK is poor value based on its PE Ratio (39.8x) compared to the US Online Retail industry average (29.8x).

PE vs Market: OSTK is poor value based on its PE Ratio (39.8x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: OSTK is poor value based on its PEG Ratio (7.8x)


Price to Book Ratio

PB vs Industry: OSTK is overvalued based on its PB Ratio (10x) compared to the US Online Retail industry average (4.5x).


Future Growth

How is Overstock.com forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

5.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OSTK's forecast earnings growth (5.1% per year) is above the savings rate (2%).

Earnings vs Market: OSTK's earnings (5.1% per year) are forecast to grow slower than the US market (15.7% per year).

High Growth Earnings: OSTK's earnings are forecast to grow, but not significantly.

Revenue vs Market: OSTK's revenue (7.9% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: OSTK's revenue (7.9% 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 OSTK's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Overstock.com performed over the past 5 years?

-5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OSTK has high quality earnings.

Growing Profit Margin: OSTK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: OSTK has become profitable over the past 5 years, growing earnings by -5.6% per year.

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

Earnings vs Industry: OSTK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (117.1%).


Return on Equity

High ROE: OSTK's Return on Equity (19.1%) is considered low.


Financial Health

How is Overstock.com's financial position?


Financial Position Analysis

Short Term Liabilities: OSTK's short term assets ($604.3M) exceed its short term liabilities ($370.0M).

Long Term Liabilities: OSTK's short term assets ($604.3M) exceed its long term liabilities ($74.8M).


Debt to Equity History and Analysis

Debt Level: OSTK's debt to equity ratio (9.7%) is considered satisfactory.

Reducing Debt: OSTK's debt to equity ratio has reduced from 12.2% to 9.7% over the past 5 years.

Debt Coverage: OSTK's debt is well covered by operating cash flow (618.8%).

Interest Coverage: OSTK's interest payments on its debt are well covered by EBIT (225.2x coverage).


Balance Sheet


Dividend

What is Overstock.com current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OSTK'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?

1.3yrs

Average management tenure


CEO

Jonathan Johnson (54 yo)

1.83yrs

Tenure

US$1,527,318

Compensation

Mr. Jonathan E. Johnson, III, serves as Chief Executive Officer of Overstock.com, Inc. since September 23, 2019. He served as the President of Medici Ventures at Overstock.com Inc. since August 2016 until ...


CEO Compensation Analysis

Compensation vs Market: Jonathan's total compensation ($USD1.53M) is below average for companies of similar size in the US market ($USD5.35M).

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


Leadership Team

Experienced Management: OSTK's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: OSTK's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

Overstock.com, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Overstock.com, Inc.
  • Ticker: OSTK
  • Exchange: NasdaqGM
  • Founded: 1997
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$3.743b
  • Shares outstanding: 43.01m
  • Website: https://www.overstock.com

Number of Employees


Location

  • Overstock.com, Inc.
  • 799 West Coliseum Way
  • Midvale
  • Utah
  • 84047
  • United States

Listings


Biography

Overstock.com, Inc. operates as an online retailer in the United States. It operates through Retail, tZERO, and Medici Ventures segments. The company offers furniture; and home décor, including area rugs, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/23 05:50
End of Day Share Price2021/06/22 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.