Floor & Decor Holdings
Market Cap
US$3.4b
Last Updated
2020/03/30 02:22 UTC
Data Sources
Company Financials +
Executive Summary
Floor & Decor Holdings, Inc. operates as a multi-channel specialty retailer of hard surface flooring and related accessories.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
Similar Companies
Share Price & News
How has Floor & Decor Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FND's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
15.2%
FND
22.8%
US Specialty Retail
12.5%
US Market
1 Year Return
-20.1%
FND
-24.5%
US Specialty Retail
-12.7%
US Market
Return vs Industry: FND exceeded the US Specialty Retail industry which returned -24.5% over the past year.
Return vs Market: FND underperformed the US Market which returned -12.7% over the past year.
Shareholder returns
| FND | Industry | Market | |
|---|---|---|---|
| 7 Day | 15.2% | 22.8% | 12.5% |
| 30 Day | -35.1% | -24.3% | -14.7% |
| 90 Day | -34.8% | -31.5% | -21.5% |
| 1 Year | -20.1%-20.1% | -23.4%-24.5% | -10.9%-12.7% |
| 3 Year | n/a | -0.2%-5.1% | 12.6%5.4% |
| 5 Year | n/a | -0.09%-8.1% | 31.9%17.5% |
Price Volatility Vs. Market
How volatile is Floor & Decor Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Is Floor & Decor Holdings's (NYSE:FND) P/E Ratio After Its Share Price Tanked?2 weeks ago | Simply Wall St
Does The Floor & Decor Holdings, Inc. (NYSE:FND) Share Price Tend To Follow The Market?4 weeks ago | Simply Wall St
Has Floor & Decor Holdings, Inc. (NYSE:FND) Improved Earnings Growth In Recent Times?Valuation
Is Floor & Decor Holdings undervalued compared to its fair value and its price relative to the market?
21.86x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FND ($33.12) is trading above our estimate of fair value ($7.47)
Significantly Below Fair Value: FND is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FND is poor value based on its PE Ratio (21.9x) compared to the Specialty Retail industry average (8.5x).
PE vs Market: FND is poor value based on its PE Ratio (21.9x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: FND is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: FND is overvalued based on its PB Ratio (4.4x) compared to the US Specialty Retail industry average (0.8x).
Next Steps
Future Growth
How is Floor & Decor Holdings forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
8.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FND's forecast earnings growth (8.3% per year) is above the savings rate (1.7%).
Earnings vs Market: FND's earnings (8.3% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: FND's earnings are forecast to grow, but not significantly.
Revenue vs Market: FND's revenue (16.4% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: FND's revenue (16.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FND's Return on Equity is forecast to be low in 3 years time (16.4%).
Next Steps
Past Performance
How has Floor & Decor Holdings performed over the past 5 years?
35.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FND has high quality earnings.
Growing Profit Margin: FND's current net profit margins (7.4%) are higher than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: FND's earnings have grown significantly by 35.3% per year over the past 5 years.
Accelerating Growth: FND's earnings growth over the past year (29.3%) is below its 5-year average (35.3% per year).
Earnings vs Industry: FND earnings growth over the past year (29.3%) exceeded the Specialty Retail industry 6.9%.
Return on Equity
High ROE: FND's Return on Equity (19.7%) is considered low.
Next Steps
Financial Health
How is Floor & Decor Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: FND's short term assets ($701.5M) exceed its short term liabilities ($552.5M).
Long Term Liabilities: FND's short term assets ($701.5M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: FND's debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: FND's debt to equity ratio has reduced from 54% to 18.7% over the past 5 years.
Debt Coverage: FND's debt is well covered by operating cash flow (143.5%).
Interest Coverage: FND's interest payments on its debt are well covered by EBIT (18.8x coverage).
Balance Sheet
Inventory Level: FND has a high level of physical assets or inventory.
Debt Coverage by Assets: FND's debt is covered by short term assets (assets are 4.9x debt).
Next Steps
Dividend
What is Floor & Decor Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FND'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 FND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FND'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 FND'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?
7.2yrs
Average management tenure
CEO
Tom Taylor (53yo)
7.25s
Tenure
US$2,422,843
Compensation
Mr. Thomas V. Taylor, Jr., also known as Tom, has been the Chief Executive Officer of Floor & Decor Holdings, Inc (formerly FDO Holdings, Inc). since December 2012. He serves as Chief Executive Officer and ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD2.42M) is below average for companies of similar size in the US market ($USD5.55M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.25yrs | US$2.42m | no data | |
| President | no data | US$915.21k | 0.12% $4.1m | |
| Executive VP & CFO | 9.17yrs | US$787.82k | 0.20% $6.6m | |
| Executive VP | 7.17yrs | US$1.68m | 0.053% $1.8m | |
| Executive Vice President of Business Development Strategy | 7.17yrs | US$702.50k | 0.032% $1.1m | |
| Senior Manager of Investor Relations | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data |
7.2yrs
Average Tenure
53yo
Average Age
Experienced Management: FND's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.25yrs | US$2.42m | no data | |
| Independent Director | 9.33yrs | no data | no data | |
| Independent Director | 9.33yrs | no data | no data | |
| Independent Director | 9.33yrs | US$67.50k | 0.18% $6.2m | |
| Independent Director | 9.42yrs | no data | no data | |
| Independent Director | 2.92yrs | US$75.00k | 0.0092% $313.4k | |
| Independent Director | 2.92yrs | US$85.00k | 0.0067% $227.3k | |
| Independent Chairman of the Board | 8.25yrs | US$150.00k | 0.58% $19.5m | |
| Vice Chairman of the Board | 7.25yrs | US$100.00k | 0.72% $24.6m | |
| Independent Director | 4.42yrs | no data | no data |
7.8yrs
Average Tenure
57.5yo
Average Age
Experienced Board: FND's board of directors are considered experienced (7.8 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.
Top Shareholders
Company Information
Floor & Decor Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Floor & Decor Holdings, Inc.
- Ticker: FND
- Exchange: NYSE
- Founded: 2000
- Industry: Home Improvement Retail
- Sector: Retail
- Market Cap: US$3.388b
- Shares outstanding: 102.29m
- Website: https://www.flooranddecor.com
Number of Employees
Location
- Floor & Decor Holdings, Inc.
- 2500 Windy Ridge Parkway SE
- Atlanta
- Georgia
- 30339
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FND | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Apr 2017 |
| 1FD | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Apr 2017 |
Biography
Floor & Decor Holdings, Inc. operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company’s stores offer tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative and installation accessories. It serves professional installers, commercial businesses, and do it yourself customers. As of December 26, 2019, the company operated 120 warehouse-format stores in 30 states in the United States. Floor & Decor Holdings, Inc. also sells products through its Website, FloorandDecor.com. The company was formerly known as FDO Holdings, Inc. and changed its name to Floor & Decor Holdings, Inc. in April 2017. Floor & Decor Holdings, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 02:22 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/26 |
| Annual Earnings | 2019/12/26 |
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.