Stitch Fix
Market Cap
US$1.4b
Last Updated
2020/04/08 07:56 UTC
Data Sources
Company Financials +
Executive Summary
Stitch Fix, Inc. sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Stitch Fix's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SFIX's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
13.9%
SFIX
2.2%
US Online Retail
2.4%
US Market
1 Year Return
-50.1%
SFIX
4.1%
US Online Retail
-10.0%
US Market
Return vs Industry: SFIX underperformed the US Online Retail industry which returned -1.1% over the past year.
Return vs Market: SFIX underperformed the US Market which returned -13.3% over the past year.
Shareholder returns
| SFIX | Industry | Market | |
|---|---|---|---|
| 7 Day | 13.9% | 2.2% | 2.4% |
| 30 Day | -37.1% | -0.3% | -11.0% |
| 90 Day | -44.4% | -3.6% | -19.4% |
| 1 Year | -50.1%-50.1% | 4.2%4.1% | -8.1%-10.0% |
| 3 Year | n/a | 77.6%77.4% | 17.3%9.6% |
| 5 Year | n/a | 179.9%168.0% | 36.1%21.1% |
Price Volatility Vs. Market
How volatile is Stitch Fix's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
How Does Stitch Fix's (NASDAQ:SFIX) P/E Compare To Its Industry, After The Share Price Drop?3 weeks ago | Simply Wall St
Trade Alert: The Independent Director Of Stitch Fix, Inc. (NASDAQ:SFIX), John Gurley, Has Just Spent US$3.2m Buying Shares4 weeks ago | Simply Wall St
Stitch Fix, Inc. Just Recorded A 69% EPS Beat: Here's What Analysts Are Forecasting NextValuation
Is Stitch Fix 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: SFIX ($12.75) is trading below our estimate of fair value ($43.34)
Significantly Below Fair Value: SFIX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SFIX is poor value based on its PE Ratio (50.7x) compared to the Online Retail industry average (21.2x).
PE vs Market: SFIX is poor value based on its PE Ratio (50.7x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: SFIX is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: SFIX is overvalued based on its PB Ratio (3x) compared to the US Online Retail industry average (2.1x).
Next Steps
Future Growth
How is Stitch Fix forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
55.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFIX's forecast earnings growth (55.3% per year) is above the savings rate (1.7%).
Earnings vs Market: SFIX's earnings (55.3% per year) are forecast to grow faster than the US market (13.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SFIX's revenue (13.2% per year) is forecast to grow faster than the US market (7% per year).
High Growth Revenue: SFIX's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SFIX's Return on Equity is forecast to be low in 3 years time (4.9%).
Next Steps
Past Performance
How has Stitch Fix performed over the past 5 years?
51.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFIX has high quality earnings.
Growing Profit Margin: SFIX's current net profit margins (1.5%) are lower than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: SFIX's earnings have grown significantly by 51.2% per year over the past 5 years.
Accelerating Growth: SFIX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SFIX had negative earnings growth (-47.2%) over the past year, making it difficult to compare to the Online Retail industry average (18.4%).
Return on Equity
High ROE: SFIX's Return on Equity (5.8%) is considered low.
Next Steps
Financial Health
How is Stitch Fix's financial position?
Financial Position Analysis
Short Term Liabilities: SFIX's short term assets ($486.3M) exceed its short term liabilities ($220.1M).
Long Term Liabilities: SFIX's short term assets ($486.3M) exceed its long term liabilities ($140.7M).
Debt to Equity History and Analysis
Debt Level: SFIX is debt free.
Reducing Debt: SFIX has not had any debt for past 5 years.
Debt Coverage: SFIX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SFIX has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Stitch Fix's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SFIX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SFIX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SFIX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SFIX'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 SFIX'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?
3.5yrs
Average management tenure
CEO
Katrina Lake (36yo)
9.25s
Tenure
US$5,327,433
Compensation
Ms. Katrina Lake founded Stitch Fix, Inc. in 2011 and its Chief Executive Officer since 2011. Prior to founding Stitch Fix, from June 2010 until January 2011, Ms. Lake managed the blogger platform at Polyv ...
CEO Compensation Analysis
Compensation vs Market: Katrina's total compensation ($USD5.33M) is about average for companies of similar size in the US market ($USD4.74M).
Compensation vs Earnings: Katrina's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 9.25yrs | US$5.33m | 11.78% $161.0m | |
| COO & Interim CFO | 0.25yr | US$3.02m | 0.78% $10.7m | |
| Chief Legal Officer & Corporate Secretary | 3.5yrs | US$1.59m | 0.058% $790.6k | |
| President | 0.25yr | no data | no data | |
| Chief Technology Officer | 3.42yrs | no data | no data | |
| Head of Strategic Finance & IR | no data | no data | no data | |
| Chief People & Culture Officer | 6.08yrs | no data | no data | |
| Chief Algorithms Officer | 7.67yrs | no data | no data |
3.5yrs
Average Tenure
47yo
Average Age
Experienced Management: SFIX's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 9.25yrs | US$5.33m | 11.78% $161.0m | |
| Independent Director | 6.67yrs | no data | 0.98% $13.4m | |
| Independent Director | 9yrs | no data | no data | |
| Lead Independent Director | no data | US$85.00k | no data | |
| Independent Director | 6.17yrs | US$70.00k | no data | |
| Independent Director | 1.5yrs | US$205.21k | 0.0060% $82.3k | |
| Independent Director | 2.08yrs | US$189.43k | 0.0030% $41.0k | |
| Independent Director | 1.25yrs | US$180.02k | 0.0037% $50.3k |
6.2yrs
Average Tenure
51yo
Average Age
Experienced Board: SFIX's board of directors are considered experienced (6.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SFIX insiders have bought more shares than they have sold 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 2.9%.
Top Shareholders
Company Information
Stitch Fix, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stitch Fix, Inc.
- Ticker: SFIX
- Exchange: NasdaqGS
- Founded: 2011
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$1.367b
- Shares outstanding: 102.48m
- Website: https://www.stitchfix.com
Number of Employees
Location
- Stitch Fix, Inc.
- 1 Montgomery Street
- Suite 1500
- San Francisco
- California
- 94104
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SFIX | NasdaqGS (Nasdaq Global Select) | Yes | Class A Common Stock | US | USD | Nov 2017 |
| SYJ | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Nov 2017 |
| 0L9X | LSE (London Stock Exchange) | Yes | Class A Common Stock | GB | USD | Nov 2017 |
| SYJ | BRSE (Berne Stock Exchange) | Yes | Class A Common Stock | CH | CHF | Nov 2017 |
Biography
Stitch Fix, Inc. sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men, women, and kids under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc. in October 2011. Stitch Fix, Inc. was founded in 2011 and is headquartered in San Francisco, California.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/08 07:56 |
| End of Day Share Price | 2020/04/07 00:00 |
| Earnings | 2020/02/01 |
| Annual Earnings | 2019/08/03 |
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.