Express
Market Cap
US$128.5m
Last Updated
2020/03/27 03:12 UTC
Data Sources
Company Financials +
Executive Summary
Express, Inc. operates as an apparel and accessories retailer.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Express's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EXPR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
16.9%
EXPR
23.3%
US Specialty Retail
10.5%
US Market
1 Year Return
-53.0%
EXPR
-23.6%
US Specialty Retail
-11.5%
US Market
Return vs Industry: EXPR underperformed the US Specialty Retail industry which returned -21.7% over the past year.
Return vs Market: EXPR underperformed the US Market which returned -9.1% over the past year.
Shareholder returns
| EXPR | Industry | Market | |
|---|---|---|---|
| 7 Day | 16.9% | 23.3% | 10.5% |
| 30 Day | -46.8% | -25.1% | -15.4% |
| 90 Day | -58.0% | -30.7% | -21.4% |
| 1 Year | -53.0%-53.0% | -22.4%-23.6% | -9.6%-11.5% |
| 3 Year | -77.9%-77.9% | -1.1%-6.0% | 12.6%5.4% |
| 5 Year | -87.9%-87.9% | 0.4%-7.7% | 32.8%18.1% |
Price Volatility Vs. Market
How volatile is Express's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Is Now The Time To Look At Buying Express, Inc. (NYSE:EXPR)?3 months ago | Simply Wall St
Does The Express, Inc. (NYSE:EXPR) Share Price Tend To Follow The Market?4 months ago | Simply Wall St
Are Express, Inc. (NYSE:EXPR) Investors Paying Above The Intrinsic Value?Valuation
Is Express 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: EXPR ($2.01) is trading below our estimate of fair value ($4.12)
Significantly Below Fair Value: EXPR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EXPR is unprofitable, so we can't compare its PE Ratio to the Specialty Retail industry average.
PE vs Market: EXPR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EXPR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EXPR is good value based on its PB Ratio (0.3x) compared to the US Specialty Retail industry average (0.8x).
Next Steps
Future Growth
How is Express forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
149.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXPR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: EXPR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: EXPR's is expected to become profitable in the next 3 years.
Revenue vs Market: EXPR's revenue is expected to decline over the next 3 years (-2.3% per year).
High Growth Revenue: EXPR's revenue is forecast to decline over the next 3 years (-2.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EXPR's Return on Equity is forecast to be low in 3 years time (2.6%).
Next Steps
Past Performance
How has Express performed over the past 5 years?
-56.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXPR is currently unprofitable.
Growing Profit Margin: EXPR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EXPR is unprofitable, and losses have increased over the past 5 years at a rate of -56.7% per year.
Accelerating Growth: Unable to compare EXPR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EXPR is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (6.9%).
Return on Equity
High ROE: EXPR has a negative Return on Equity (-40.45%), as it is currently unprofitable.
Next Steps
Financial Health
How is Express's financial position?
Financial Position Analysis
Short Term Liabilities: EXPR's short term assets ($470.7M) exceed its short term liabilities ($467.5M).
Long Term Liabilities: EXPR's short term assets ($470.7M) do not cover its long term liabilities ($917.0M).
Debt to Equity History and Analysis
Debt Level: EXPR is debt free.
Reducing Debt: EXPR has no debt compared to 5 years ago when its debt to equity ratio was 35.1%.
Balance Sheet
Inventory Level: EXPR has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if EXPR's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EXPR has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: EXPR has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Express's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EXPR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EXPR'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 EXPR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EXPR'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 EXPR'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?
0.5yrs
Average management tenure
CEO
Tim Baxter (50yo)
0.75
Tenure
Mr. Timothy G. Baxter, also known as Tim, has been Chief Executive Officer and Director at Express, Inc. since June 17, 2019. He had been the Chief Executive Officer of Delta Galil Premium Brands at Delta ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & COO | 0.50yr | US$2.18m | 0.43% $552.9k | |
| CFO, Senior VP & Treasurer | 4.67yrs | US$1.14m | 0.066% $84.6k | |
| CEO & Director | 0.75yr | no data | no data | |
| Vice President of investor Relations | no data | no data | no data | |
| Senior VP | no data | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | 0.50yr | no data | no data | |
| Executive VP & Chief Merchandising Officer | 0.50yr | no data | no data |
0.5yrs
Average Tenure
50yo
Average Age
Experienced Management: EXPR's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.75yr | no data | no data | |
| Independent Director | 9.83yrs | US$230.00k | 0.11% $140.1k | |
| Independent Director | 3.33yrs | US$210.00k | 0.056% $72.2k | |
| Chairman & Lead Independent Director | 3.75yrs | US$360.00k | 0.13% $165.3k | |
| Independent Director | 8.17yrs | US$210.00k | 0.10% $131.6k | |
| Chairman Emeritus | 3.75yrs | US$24.88k | no data | |
| Independent Director | 8.08yrs | US$230.00k | 0.10% $131.6k | |
| Independent Director | 3.58yrs | US$210.00k | 0.059% $76.0k | |
| Independent Director | 1.75yrs | US$184.95k | 0.019% $24.0k |
3.8yrs
Average Tenure
61yo
Average Age
Experienced Board: EXPR's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Express, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Express, Inc.
- Ticker: EXPR
- Exchange: NYSE
- Founded: 1980
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: US$128.488m
- Shares outstanding: 63.92m
- Website: https://www.express.com
Number of Employees
Location
- Express, Inc.
- 1 Express Drive
- Columbus
- Ohio
- 43230
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EXPR | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | May 2010 |
| 02Z | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | May 2010 |
| 0IJU | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | May 2010 |
| 02Z | BRSE (Berne Stock Exchange) | Yes | Common Shares | CH | CHF | May 2010 |
Biography
Express, Inc. operates as an apparel and accessories retailer. It offers apparel and accessories for women and men for work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; and mobile app, as well as franchisees Express locations in Latin America. As of February 2, 2019, it operated 447 primarily mall-based retail stores in the United States and Puerto Rico, as well as 184 factory outlet stores. The company was formerly known as Express Parent LLC and changed its name to Express, Inc. in May 2010. Express, Inc. was founded in 1980 and is headquartered in Columbus, Ohio.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/27 03:12 |
| End of Day Share Price | 2020/03/26 00:00 |
| Earnings | 2020/02/01 |
| Annual Earnings | 2020/02/01 |
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.