Ross Stores
Market Cap
US$42.4b
Last Updated
2020/01/23 23:54 UTC
Data Sources
Company Financials +
Executive Summary
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brands.
Rewards
Risk Analysis
No risks detected for ROST from our risk checks.
Snowflake Analysis
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Ross Stores's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ROST has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.1%
ROST
0.6%
US Specialty Retail
-0.09%
US Market
1 Year Return
29.6%
ROST
23.3%
US Specialty Retail
23.9%
US Market
Return vs Industry: ROST exceeded the US Specialty Retail industry which returned 23.7% over the past year.
Return vs Market: ROST exceeded the US Market which returned 24.7% over the past year.
Shareholder returns
| ROST | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.1% | 0.6% | -0.09% |
| 30 Day | 2.7% | 1.1% | 3.1% |
| 90 Day | 6.8% | 6.8% | 10.4% |
| 1 Year | 30.9%29.6% | 25.3%23.3% | 26.6%23.9% |
| 3 Year | 85.8%80.3% | 46.3%38.8% | 50.9%41.2% |
| 5 Year | 165.1%152.5% | 49.3%36.6% | 78.1%58.5% |
Price Volatility Vs. Market
How volatile is Ross Stores's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Calculating The Fair Value Of Ross Stores, Inc. (NASDAQ:ROST)2 weeks ago | Simply Wall St
Have Insiders Been Selling Ross Stores, Inc. (NASDAQ:ROST) Shares?3 weeks ago | Simply Wall St
Is Ross Stores, Inc.'s (NASDAQ:ROST) High P/E Ratio A Problem For Investors?Valuation
Is Ross Stores undervalued compared to its fair value and its price relative to the market?
14.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ROST ($118.96) is trading below our estimate of fair value ($137.68)
Significantly Below Fair Value: ROST is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ROST is poor value based on its PE Ratio (26.1x) compared to the Specialty Retail industry average (17.1x).
PE vs Market: ROST is poor value based on its PE Ratio (26.1x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: ROST is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: ROST is overvalued based on its PB Ratio (13x) compared to the US Specialty Retail industry average (1.5x).
Next Steps
Future Growth
How is Ross Stores forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
9.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ROST's forecast earnings growth (9.2% per year) is above the savings rate (1.7%).
Earnings vs Market: ROST's earnings (9.2% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: ROST's earnings are forecast to grow, but not significantly.
Revenue vs Market: ROST's revenue (6.7% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: ROST's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ROST's Return on Equity is forecast to be very high in 3 years time (55.2%).
Next Steps
Past Performance
How has Ross Stores performed over the past 5 years?
13.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ROST has high quality earnings.
Growing Profit Margin: ROST's current net profit margins (10.5%) are lower than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: ROST's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: ROST's earnings growth over the past year (3.2%) is below its 5-year average (13.4% per year).
Earnings vs Industry: ROST earnings growth over the past year (3.2%) underperformed the Specialty Retail industry 4.5%.
Return on Equity
High ROE: ROST's Return on Equity (50.2%) is considered outstanding.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Ross Stores's financial position?
Financial Position Analysis
Short Term Liabilities: ROST's short term assets ($3.6B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: ROST's short term assets ($3.6B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: ROST's debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: ROST's debt to equity ratio has reduced from 18.2% to 9.5% over the past 5 years.
Debt Coverage: ROST's debt is well covered by operating cash flow (648.2%).
Interest Coverage: ROST earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: ROST has a high level of physical assets or inventory.
Debt Coverage by Assets: ROST's debt is covered by short term assets (assets are 11.5x debt).
Next Steps
Dividend
What is Ross Stores's current dividend yield, its reliability and sustainability?
0.86%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ROST's dividend (0.86%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: ROST's dividend (0.86%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: ROST's dividends per share have been stable in the past 10 years.
Growing Dividend: ROST's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.4%), ROST's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ROST's dividends in 3 years are forecast to be well covered by earnings (22.9% payout ratio).
Next Steps
Management
What is the CEO of Ross Stores's salary, the management and board of directors tenure and is there insider trading?
5.6yrs
Average management tenure
CEO
Barbara Rentler (62yo)
5.6yrs
Tenure
US$12,248,994
Compensation
Ms. Barbara Rentler has been the Chief Executive Officer of Ross Stores Inc since June 2014. Ms. Rentler served as the President and Chief Merchandising Officer of Ross Dress for Less at Ross Stores Inc si ...
CEO Compensation Analysis
Compensation vs Market: Barbara's total compensation ($USD12.25M) is about average for companies of similar size in the US market ($USD10.76M).
Compensation vs Earnings: Barbara's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.6yrs
Average Tenure
54yo
Average Age
Experienced Management: ROST's management team is seasoned and experienced (5.6 years average tenure).
Board Age and Tenure
5.6yrs
Average Tenure
68yo
Average Age
Experienced Board: ROST's board of directors are considered experienced (5.6 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.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 25,000 |
| Max Price | US$110.01 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 25,000 |
| Max Price | US$107.06 |
| Entity | Individual |
| Role | Senior Key Executive Chief Development Officer |
| Shares | 85,238 |
| Max Price | US$105.13 |
| Entity | Individual |
| Role | Lead Director Lead Independent Director |
| Shares | 29,000 |
| Max Price | US$106.07 |
| Entity | Individual |
| Role | Lead Director Lead Independent Director |
| Shares | 1,000 |
| Max Price | US$102.50 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 10,000 |
| Max Price | US$100.51 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 40,000 |
| Max Price | US$99.50 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 46,799 |
| Max Price | US$92.88 |
| Entity | Individual |
| Role | Unit President President of Merchandising- Ross Dress for Less |
| Shares | 19,384 |
| Max Price | US$93.56 |
| Entity | Individual |
| Role | President Group President & COO |
| Shares | 9,924 |
| Max Price | US$91.48 |
| Entity | Individual |
| Role | Unit President President of Merchandising- Ross Dress for Less |
| Shares | 8,612 |
| Max Price | US$91.11 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | US$92.00 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 20,057 |
| Max Price | US$88.82 |
| Entity | Individual |
| Role | Unit President President of Merchandising- Ross Dress for Less |
| Shares | 12,000 |
| Max Price | US$91.18 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Jim Fassio (64yo)
Chief Development Officer
- Tenure: 28.8yrs
- Compensation: US$6.34m
Barbara Rentler (62yo)
CEO & Director
- Tenure: 5.6yrs
- Compensation: US$12.25m
Gary Cribb (54yo)
Senior Group Executive Vice President of Stores & Loss Prevention
- Tenure: 17.4yrs
Michael Kobayashi (55yo)
President of Operations & Technology
- Tenure: 5.7yrs
- Compensation: US$2.26m
Ken Caruana
Executive VP of Strategy
Bernie Brautigan (54yo)
President of Merchandising- Ross Dress for Less
- Tenure: 3.8yrs
- Compensation: US$4.84m
Michael Hartshorn (51yo)
Group President & COO
- Tenure: 0.4yrs
- Compensation: US$3.31m
Connie Kao
Vice President - Investor Relations
Travis Marquette (47yo)
Group Senior VP & CFO
- Tenure: 0.4yrs
Ken Jew
Group Senior VP
Board Members
Michael Bush (58yo)
Independent Director
- Tenure: 19yrs
- Compensation: US$241.02k
Norman Ferber (70yo)
Chairman Emeritus
- Tenure: 5.6yrs
- Compensation: US$2.44m
Michael Balmuth (68yo)
Chairman of the Board
- Tenure: 5.6yrs
- Compensation: US$9.39m
George Orban (73yo)
Lead Independent Director
- Tenure: 1yrs
- Compensation: US$262.02k
Greg Quesnel (70yo)
Independent Director
- Tenure: 10.7yrs
- Compensation: US$303.77k
Sharon Garrett (70yo)
Independent Director
- Tenure: 20yrs
- Compensation: US$241.02k
Barbara Rentler (62yo)
CEO & Director
- Tenure: 5.6yrs
- Compensation: US$12.25m
K. Bjorklund (60yo)
Independent Director
- Tenure: 17yrs
- Compensation: US$243.27k
Steve Milligan (56yo)
Independent Director
- Tenure: 5yrs
- Compensation: US$241.02k
Company Information
Ross Stores, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ross Stores, Inc.
- Ticker: ROST
- Exchange: NasdaqGS
- Founded: 1982
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: US$42.423b
- Shares outstanding: 358.88m
- Website: https://www.rossstores.com
Number of Employees
Location
- Ross Stores, Inc.
- 5130 Hacienda Drive
- Dublin
- California
- 94568
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ROST | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 1985 |
| RSO | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1985 |
| ROST * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Aug 1985 |
| 0KXO | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Aug 1985 |
| ROST | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Aug 1985 |
| RSO | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Aug 1985 |
| ROST34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1/2 COM USD0.01 | BR | BRL | Apr 2016 | |
| ROST | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 4 REP 1 COM USD0.01 | AR | ARS | Apr 2019 |
Biography
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brands. Its stores primarily offers apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores primarily to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores regular prices to customers from households with moderate income. As of October 14, 2019, it operated approximately 1,811 off-price apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS names in 39 states, the District of Columbia, and Guam. The company was founded in 1982 and is headquartered in Dublin, California.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/23 23:54 |
| End of Day Share Price | 2020/01/23 00:00 |
| Earnings | 2019/11/02 |
| Annual Earnings | 2019/02/02 |
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.