Winmark
Market Cap
US$676.5m
Last Updated
2020/11/26 23:48 UTC
Data Sources
Company Financials
Executive Summary
Winmark Corporation operates as a franchisor of five retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. More Details
Snowflake Analysis
Acceptable track record with imperfect balance sheet.
Similar Companies
Share Price & News
How has Winmark's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WINA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: WINA's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.2%
WINA
2.0%
US Specialty Retail
2.1%
US Market
1 Year Return
2.5%
WINA
21.4%
US Specialty Retail
19.8%
US Market
Return vs Industry: WINA underperformed the US Specialty Retail industry which returned 21.2% over the past year.
Return vs Market: WINA underperformed the US Market which returned 19.7% over the past year.
Shareholder returns
| WINA | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 2.0% | 2.1% |
| 30 Day | 8.3% | 7.2% | 8.1% |
| 90 Day | 15.2% | 6.5% | 6.0% |
| 1 Year | 4.8%2.5% | 22.5%21.4% | 22.5%19.8% |
| 3 Year | 40.5%36.1% | 78.3%70.8% | 46.5%36.8% |
| 5 Year | 101.5%93.8% | 83.1%69.2% | 96.9%75.3% |
Long-Term Price Volatility Vs. Market
How volatile is Winmark's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
If You Had Bought Winmark (NASDAQ:WINA) Shares Five Years Ago You'd Have Earned 95% Returns3 weeks ago | Simply Wall St
Have Insiders Sold Winmark Corporation (NASDAQ:WINA) Shares Recently?1 month ago | Simply Wall St
Here's What Winmark Corporation's (NASDAQ:WINA) Shareholder Ownership Structure Looks LikeValuation
Is Winmark undervalued compared to its fair value and its price relative to the market?
22.47x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WINA ($180.88) is trading above our estimate of fair value ($117.26)
Significantly Below Fair Value: WINA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WINA is poor value based on its PE Ratio (22.5x) compared to the US Specialty Retail industry average (18.7x).
PE vs Market: WINA is poor value based on its PE Ratio (22.5x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WINA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WINA has negative assets, so we can't compare its PB Ratio to the US Specialty Retail industry average.
Next Steps
Future Growth
How is Winmark forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
26.0%
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Winmark has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of WINA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Retail industry.
Past Performance
How has Winmark performed over the past 5 years?
9.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WINA has high quality earnings.
Growing Profit Margin: WINA's current net profit margins (45%) are higher than last year (43.2%).
Past Earnings Growth Analysis
Earnings Trend: WINA's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: WINA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WINA had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Specialty Retail industry average (14.3%).
Return on Equity
High ROE: WINA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Winmark's financial position?
Financial Position Analysis
Short Term Liabilities: WINA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: WINA 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: WINA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: WINA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: WINA's debt is well covered by operating cash flow (175.9%).
Interest Coverage: WINA's interest payments on its debt are well covered by EBIT (23.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Winmark current dividend yield, its reliability and sustainability?
0.44%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WINA's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: WINA's dividend (0.44%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: WINA is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: WINA is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: WINA is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WINA'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?
4.8yrs
Average management tenure
CEO
Brett Heffes (52 yo)
4.75yrs
Tenure
US$881,930
Compensation
Mr. Brett D. Heffes has been the Chairman and Chief Executive Officer of Winmark Corp. since March 1, 2020 and February 2016 respectively and served as its President since February 2011 until February 25, ...
CEO Compensation Analysis
Compensation vs Market: Brett's total compensation ($USD881.93K) is below average for companies of similar size in the US market ($USD2.56M).
Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.75yrs | US$881.93k | 2.77% $ 18.7m | |
| Executive VP | 12.17yrs | US$881.93k | 0.75% $ 5.1m | |
| VP of Corporate Development & VP of Franchise Development | 3.83yrs | no data | no data | |
| Vice President of Human Resources | 15.17yrs | no data | 0.25% $ 1.7m | |
| President of Franchising | 0.75yr | no data | 0.25% $ 1.7m | |
| Controller | no data | no data | no data |
4.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: WINA's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.75yrs | US$881.93k | 2.77% $ 18.7m | |
| Independent Director | 8.58yrs | US$90.25k | 0% $ 0 | |
| Independent Director | 20.5yrs | US$90.25k | 0.86% $ 5.8m | |
| Lead Independent Director | no data | US$97.25k | 0.35% $ 2.3m | |
| Independent Director | 20.5yrs | US$92.25k | 0.64% $ 4.3m | |
| Independent Director | 19.83yrs | US$84.25k | 0.067% $ 452.2k |
19.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: WINA's board of directors are seasoned and experienced ( 19.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WINA insiders have only sold shares 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
Winmark Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Winmark Corporation
- Ticker: WINA
- Exchange: NasdaqGM
- Founded: 1988
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: US$676.545m
- Shares outstanding: 3.74m
- Website: https://www.winmarkcorporation.com
Number of Employees
Location
- Winmark Corporation
- 605 Highway 169 North
- Suite 400
- Minneapolis
- Minnesota
- 55441
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WINA | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Aug 1993 |
Biography
Winmark Corporation operates as a franchisor of five retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company operates in two segments, Fr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 23:48 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/26 |
| Annual Earnings | 2019/12/28 |
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.