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CHWY

ChewyNYSE:CHWY Stock Report

Last Price

US$38.05

Market Cap

US$17.0b

7D

-15.2%

1Y

-63.8%

Updated

21 Jan, 2022

Data

Company Financials +
CHWY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends0/6

CHWY Stock Overview

Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States.

Chewy Competitors

Amazon.com

NasdaqGS:AMZN

US$1.5t

BARK

NYSE:BARK

US$629.2m

PetMed Express

NasdaqGS:PETS

US$481.2m

Patterson Companies

NasdaqGS:PDCO

US$2.7b

Price History & Performance

Summary of all time highs, changes and price drops for Chewy
Historical stock prices
Current Share PriceUS$38.05
52 Week HighUS$120.00
52 Week LowUS$40.62
Beta0.35
1 Month Change-31.76%
3 Month Change-41.88%
1 Year Change-63.79%
3 Year Changen/a
5 Year Changen/a
Change since IPO8.75%

Recent News & Updates

Jan 13

Chewy: It's Time To Bite

Shares of Chewy are trading very close to 52-week lows, down more than 60% versus all-time highs of $120. The company has been hit both by a slowdown in growth and supply chain-driven margin pressures. Additionally, weakened sentiment for growth stocks has further eroded Chewy's momentum. At the same time, Chewy's valuation now sits at attractive levels and should be bought for the rebound.

Jan 08
Chewy, Inc. (NYSE:CHWY) Shares Could Be 22% Below Their Intrinsic Value Estimate

Chewy, Inc. (NYSE:CHWY) Shares Could Be 22% Below Their Intrinsic Value Estimate

How far off is Chewy, Inc. ( NYSE:CHWY ) from its intrinsic value? Using the most recent financial data, we'll take a...

Dec 26

Insider Weekends: James Star Purchases $1.8 Million Worth Of Chewy

James Star, the Executive Chairman of Canadian investment firm Longview Asset Management, purchased $1.79 million worth of Chewy shares. Chewy went on a roller coaster ride from its $22 IPO price in June 2019 to a high of nearly $120 by February 2021. The pandemic related tailwinds that fueled pure play e-commerce retailers like Chewy and Wayfair have subsided.

Dec 12

Chewy: Starting To Bite

Chewy has seen a real boom and bust cycle since the outbreak of the pandemic. While the company has a few challenges currently, it has delivered on great growth and a bit of margin expansion in recent years. I am starting to like the valuation here, after a great pullback seen as of recent.

Shareholder Returns

CHWYUS Online RetailUS Market
7D-15.2%-4.0%-4.0%
1Y-63.8%-25.9%6.6%

Return vs Industry: CHWY underperformed the US Online Retail industry which returned -25.9% over the past year.

Return vs Market: CHWY underperformed the US Market which returned 6.6% over the past year.

Price Volatility

Is CHWY's price volatile compared to industry and market?
CHWY volatility
CHWY Average Weekly Movement9.1%
Online Retail Industry Average Movement10.5%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: CHWY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: CHWY's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201018,500Sumit Singhhttps://www.chewy.com

Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its chewy.com retail Website, as well as its mobile applications. It offers approximately 70,000 products from 2,500 partner brands.

Chewy Fundamentals Summary

How do Chewy's earnings and revenue compare to its market cap?
CHWY fundamental statistics
Market CapUS$17.00b
Earnings (TTM)US$10.84m
Revenue (TTM)US$8.55b

1,467x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CHWY income statement (TTM)
RevenueUS$8.55b
Cost of RevenueUS$6.22b
Gross ProfitUS$2.32b
ExpensesUS$2.31b
EarningsUS$10.84m

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.026
Gross Margin27.18%
Net Profit Margin0.13%
Debt/Equity Ratio0%

How did CHWY perform over the long term?

See historical performance and comparison

Valuation

Is Chewy undervalued compared to its fair value and its price relative to the market?

39.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CHWY ($40.68) is trading below our estimate of fair value ($62.52)

Significantly Below Fair Value: CHWY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CHWY is poor value based on its PE Ratio (1568.8x) compared to the US Online Retail industry average (19.3x).

PE vs Market: CHWY is poor value based on its PE Ratio (1568.8x) compared to the US market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: CHWY is poor value based on its PEG Ratio (22.1x)


Price to Book Ratio

PB vs Industry: CHWY is overvalued based on its PB Ratio (257.5x) compared to the US Online Retail industry average (2.7x).


Future Growth

How is Chewy forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

71.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHWY's forecast earnings growth (71.1% per year) is above the savings rate (2%).

Earnings vs Market: CHWY's earnings (71.1% per year) are forecast to grow faster than the US market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CHWY's revenue (16.1% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: CHWY's revenue (16.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CHWY's Return on Equity is forecast to be very high in 3 years time (91.7%).


Past Performance

How has Chewy performed over the past 5 years?

58.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHWY has high quality earnings.

Growing Profit Margin: CHWY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CHWY has become profitable over the past 5 years, growing earnings by 58% per year.

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

Earnings vs Industry: CHWY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (78.8%).


Return on Equity

High ROE: CHWY's Return on Equity (16.4%) is considered low.


Financial Health

How is Chewy's financial position?


Financial Position Analysis

Short Term Liabilities: CHWY's short term assets ($1.5B) do not cover its short term liabilities ($1.7B).

Long Term Liabilities: CHWY's short term assets ($1.5B) exceed its long term liabilities ($410.8M).


Debt to Equity History and Analysis

Debt Level: CHWY is debt free.

Reducing Debt: CHWY has not had any debt for past 5 years.

Debt Coverage: CHWY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CHWY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Chewy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CHWY'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 CHWY'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?

3.6yrs

Average management tenure


CEO

Sumit Singh (41 yo)

3.83yrs

Tenure

US$3,027,525

Compensation

Mr. Sumit Singh has been Chief Executive Officer of Chewy, Inc. since March 2018 and its Director since April 29, 2019. Mr. Singh joined Chewy in August 2017. He was Chief Operating Officer of Chewy, Inc....


CEO Compensation Analysis

Compensation vs Market: Sumit's total compensation ($USD3.03M) is below average for companies of similar size in the US market ($USD11.42M).

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


Leadership Team

Experienced Management: CHWY's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: CHWY's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: CHWY insiders have sold more shares than they have bought 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

Chewy, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Chewy, Inc.
  • Ticker: CHWY
  • Exchange: NYSE
  • Founded: 2010
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: US$17.003b
  • Shares outstanding: 417.98m
  • Website: https://www.chewy.com

Number of Employees


Location

  • Chewy, Inc.
  • 1855 Griffin Road
  • Suite B-428
  • Dania Beach
  • Florida
  • 33004
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:06
End of Day Share Price2022/01/21 00:00
Earnings2021/10/31
Annual Earnings2021/01/31


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.