Présentation de l'entreprise
Duluth Holdings Inc. operates within the consumer cyclical sector as an apparel retailer specializing in casual wear, workwear, outdoor apparel, and accessories for men and women across the United States. The company's product portfolio encompasses a diverse range of items including shirts, pants, shorts, underwear, outerwear, footwear, accessories, and hard goods, all offered under the Duluth Trading, AKHG, and Alaskan Hardgear brands. This business operates with a market capitalization of $124.63M and generates annual revenue of $565.18M, employing a workforce of 746 individuals. These financial metrics indicate a mid-sized market position where the company maintains a significant revenue base relative to its market cap, suggesting a valuation structure typical for retail entities with specific niche appeal. The scale of operations, supported by nearly 750 employees, allows the firm to manage a substantial asset base while navigating the competitive landscape of the apparel industry. The disparity between the revenue of $565.18M and the market cap of $124.63M reflects the market's current assessment of the company's future cash flow potential and earnings stability.
Santé financière
The company reported a trailing twelve-month revenue of $565.18M alongside a net income of $-16,388,000 and an EBITDA of $15.26M. The significant gap between the positive revenue of $565.18M and the negative net income of $-16,388,000 reveals a cost structure where operating expenses and interest costs exceed operating profits, resulting in an overall loss for the period. Despite the negative net income, the company generated free cash flow of $22.60M, which indicates a degree of financial flexibility allowing the firm to cover operational outflows and potentially fund capital expenditures or debt servicing without immediate external financing. The company's margin profile shows a gross margin of 53.4%, an operating margin of 4.2%, and a profit margin of -2.9%. The high gross margin of 53.4% suggests strong pricing power or efficient sourcing of goods, while the low operating margin of 4.2% and negative profit margin of -2.9% highlight substantial overhead pressures or other expenses that eride pre-tax earnings. On the balance sheet, the company holds cash of $16.34M against total debt of $147.44M, resulting in a debt-to-equity ratio of 88.75. This leverage position indicates a highly leveraged balance sheet where debt obligations significantly outweigh equity capitalization. The current ratio stands at 1.59, indicating that the company possesses sufficient current assets to cover its short-term liabilities with a comfortable buffer. Finally, the return on equity is -9.4% and the return on assets is -1.3%, metrics that reveal that management has not been effective in generating positive returns on the capital invested during the most recent period.
Évaluation de la valorisation
The valuation metrics present a complex picture with a trailing P/E ratio of N/A and a forward P/E of -37.67. The absence of a trailing P/E ratio is a direct consequence of the negative net income, while the negative forward P/E of -37.67 implies that the market expects earnings to remain negative in the near term. The price-to-book ratio is 0.74, indicating that the market values the company at 74% of its book value, which suggests the market is pricing in risks or expecting a decline in asset value rather than a premium. Alternative valuation metrics such as the price-to-sales ratio of 0.22 and an EV/EBITDA of 16.57 provide different perspectives on value relative to sales and operational cash generation. The stock's price range over the last year has fluctuated between a 52-week high of $4.66 and a 52-week low of $1.66. Without a specific current price provided in the available facts to calculate the exact percentage, the trading range demonstrates significant volatility within a spread of $3.00. The beta value is 1.48, meaning the stock is expected to be 48% more volatile than the broader market, reflecting higher sensitivity to market movements.
Growth & Income
Revenue growth year-over-year stands at -10.5%, while earnings growth year-over-year is N/A due to the current negative earnings position. The inability to calculate earnings growth directly from the available data underscores the challenge of measuring growth when the company is currently unprofitable, but the decline in revenue of 10.5% signals a contraction in top-line sales. As a non-dividend payer with a dividend yield of N/A and a payout ratio of 0.0%, the company does not distribute profits to shareholders. Instead, the company reinvests its available resources, such as the free cash flow of $22.60M, into maintaining operations, paying down debt, or potentially expanding its product offerings rather than paying dividends. The overall growth and income profile is characterized by revenue contraction, negative profitability, and a lack of dividend distribution, which collectively define the current financial trajectory of the firm.