Big Lots
Market Cap
US$800.2m
Last Updated
2019/10/18 23:32 UTC
Data Sources
Company Financials +
Executive Summary
Big Lots, Inc., through its subsidiaries, operates as a retailer in the United States.
Snowflake
Fundamentals
Very undervalued average dividend payer.
Similar Companies
Share Price & News
How has Big Lots's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-7.6%
BIG
1.7%
US Multiline Retail
1.8%
US Market
1 Year Return
-48.1%
BIG
16.7%
US Multiline Retail
7.3%
US Market
Return vs Industry: BIG underperformed the US Multiline Retail industry which returned 16.7% over the past year.
Return vs Market: BIG underperformed the US Market which returned 7.3% over the past year.
Shareholder returns
| BIG | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.6% | 1.7% | 1.8% |
| 30 Day | -7.8% | 4.5% | -0.7% |
| 90 Day | -21.7% | 13.2% | 0.06% |
| 1 Year | -45.8%-48.1% | 19.7%16.7% | 9.7%7.3% |
| 3 Year | -49.9%-54.1% | 58.2%46.4% | 46.3%36.9% |
| 5 Year | -49.2%-55.0% | 57.5%37.5% | 64.5%46.5% |
Price Volatility Vs. Market
How volatile is Big Lots's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Introducing Big Lots (NYSE:BIG), The Stock That Slid 54% In The Last Three Years2 weeks ago | Simply Wall St
What Kind Of Share Price Volatility Should You Expect For Big Lots, Inc. (NYSE:BIG)?4 weeks ago | Simply Wall St
Are Big Lots, Inc.’s (NYSE:BIG) Returns Worth Your While?Valuation
Is Big Lots undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: BIG ($20.51) is trading below our estimate of fair value ($49.92)
Significantly Undervalued: BIG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BIG is good value based on its PE Ratio (6.6x) compared to the Multiline Retail industry average (12.9x).
PE vs Market: BIG is good value based on its PE Ratio (6.6x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: BIG is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: BIG is good value based on its PB Ratio (1.2x) compared to the US Multiline Retail industry average (1.4x).
Next Steps
Future Growth
How is Big Lots forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
18.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BIG's forecast earnings growth (18% per year) is above the savings rate (2.7%).
Earnings vs Market: BIG's earnings (18% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: BIG's earnings are forecast to grow, but not significantly.
Revenue vs Market: BIG's revenue (2% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: BIG's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if BIG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Big Lots performed over the past 5 years?
3.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: BIG's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: BIG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BIG had negative earnings growth (-25.2%) over the past year, making it difficult to compare to the Multiline Retail industry average (-14.9%).
Return on Equity
High ROE: BIG's Return on Equity (19.1%) is considered low.
Return on Assets
ROA vs Industry: BIG's Return on Assets is below or equal to the Multiline Retail industry average last year.
Return on Capital Employed
ROCE Improving: BIG's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Big Lots's financial position?
Financial Position Analysis
Short Term Liabilities: BIG's short term assets ($1.0B) exceeds its short term liabilities ($951.4M)
Long Term Liabilities: BIG's short term assets (1.0B) do not cover its long term liabilities (1.6B)
Debt to Equity History and Analysis
Debt Level: BIG's debt to equity ratio (72.6%) is considered high
Reducing Debt: BIG's debt to equity ratio has increased from 7.5% to 72.6% over the past 5 years.
Debt Coverage: BIG's debt is well covered by operating cash flow (60.2%).
Interest Coverage: BIG's interest payments on its debt are well covered by EBIT (15.4x coverage).
Balance Sheet
Inventory Level: BIG has a high level of physical assets or inventory.
Debt Coverage by Assets: BIG's debt is covered by short term assets (assets are 2.224100x debt).
Next Steps
Dividend
What is Big Lots's current dividend yield, its reliability and sustainability?
5.85%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: BIG's dividend (5.85%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: BIG's dividend (5.85%) is in the top 25% of dividend payers in the US market (3.72%)
Stable Dividend: Whilst dividend payments have been stable, BIG has been paying a dividend for less than 10 years.
Growing Dividend: BIG's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.7%), BIG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIG's dividends in 3 years are forecast to be well covered by earnings (33.7% payout ratio).
Next Steps
Management
What is the CEO of Big Lots's salary, the management and board of directors tenure and is there insider trading?
2.9yrs
Average management tenure
CEO
Bruce Thorn (52yo)
1.1yrs
Tenure
US$4,986,177
Compensation
Mr. Bruce K. Thorn has been Chief Executive Officer, President and Director of Big Lots, Inc. since September, 2018. He had been President of Tailored Brands, Inc. since March 22, 2017 until 2018 and its C ...
CEO Compensation Analysis
Compensation vs. Market: Bruce has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Insufficient data to compare Bruce's compensation with company performance.
Management Age and Tenure
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: BIG's management team is considered experienced (2.9 years average tenure).
Board Age and Tenure
4.4yrs
Average Tenure
59yo
Average Age
Experienced Board: BIG's board of directors are considered experienced (4.4 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, President & Director |
| Shares | 8,500 |
| Max Price | US$29.46 |
Ownership Breakdown
Management Team
Lisa Bachmann (58yo)
Executive VP and Chief Merchandising & Operating Officer
- Tenure: 4.2yrs
- Compensation: US$4.29m
Rocky Robins (55yo)
Executive VP
- Tenure: 4.4yrs
- Compensation: US$1.94m
Bruce Thorn (52yo)
CEO, President & Director
- Tenure: 1.1yrs
- Compensation: US$4.99m
Nick Padovano (55yo)
Senior Vice President of Store Operations
- Tenure: 0yrs
Jonathan Ramsden (54yo)
Executive VP
- Tenure: 0.2yrs
Mike Schlonsky (52yo)
Executive Vice President of Human Resources
- Tenure: 4.2yrs
- Compensation: US$2.27m
Andy Regrut
Vice President of Investor Relations
- Tenure: 0yrs
Stephen Haffer (53yo)
Senior VP & Chief Customer Officer
- Tenure: 1.7yrs
Andrej Mueller
Executive Vice President of Business Strategy
- Tenure: 0yrs
Board Members
Christopher McCormick (63yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: US$219.34k
Marla Gottschalk (58yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$309.20k
Cindie Jamison (59yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$314.98k
Bruce Thorn (52yo)
CEO, President & Director
- Tenure: 1.1yrs
- Compensation: US$4.99m
Nancy Reardon (66yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$299.58k
Jeffrey Berger (69yo)
Independent Director
- Tenure: 13.2yrs
- Compensation: US$278.98k
James Chambers (62yo)
Non-Executive Chairman
- Tenure: 0yrs
- Compensation: US$427.48k
Wendy Schoppert (53yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$280.68k
Sebastian DiGrande (51yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: US$247.47k
Company Information
Big Lots, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Big Lots, Inc.
- Ticker: BIG
- Exchange: NYSE
- Founded: 1967
- Industry: General Merchandise Stores
- Sector: Retail
- Market Cap: US$800.211m
- Shares outstanding: 39.02m
- Website: https://www.biglots.com
Number of Employees
Location
- Big Lots, Inc.
- 4900 East Dublin Granville Road
- Columbus
- Ohio
- 43081
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BIG | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jun 1985 |
| 4B3 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jun 1985 |
| 0HN5 | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Jun 1985 |
Biography
Big Lots, Inc., through its subsidiaries, operates as a retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholster ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/18 23:32 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/08/03 |
| 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.