Rocky Brands, Inc. (RCKY)

NASDAQ: RCKY · IEX Real-Time Price · USD
29.87
+0.27 (0.91%)
Feb 23, 2024, 4:00 PM EST - Market closed

Total Valuation

Rocky Brands has a market cap or net worth of $220.38 million. The enterprise value is $435.74 million.

Market Cap 220.38M
Enterprise Value 435.74M

Important Dates

The next confirmed earnings date is Wednesday, February 28, 2024, after market close.

Earnings Date Feb 28, 2024
Ex-Dividend Date Mar 1, 2024

Share Statistics

Rocky Brands has 7.38 million shares outstanding. The number of shares has increased by 0.35% in one year.

Shares Outstanding 7.38M
Shares Change (YoY) +0.35%
Shares Change (QoQ) +0.29%
Owned by Insiders (%) 7.45%
Owned by Institutions (%) 76.35%
Float 6.88M

Valuation Ratios

The trailing PE ratio is 21.34 and the forward PE ratio is 11.05. Rocky Brands's PEG ratio is 1.62.

PE Ratio 21.34
Forward PE 11.05
PS Ratio 0.46
Forward PS 0.44
PB Ratio 1.02
P/FCF Ratio 3.96
PEG Ratio 1.62
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.46, with an EV/FCF ratio of 7.83.

EV / Earnings 42.60
EV / Sales 0.92
EV / EBITDA 9.46
EV / EBIT 12.72
EV / FCF 7.83

Financial Position

The company has a current ratio of 3.45, with a Debt / Equity ratio of 1.01.

Current Ratio 3.45
Quick Ratio 1.20
Debt / Equity 1.01
Debt / EBITDA 4.77
Debt / FCF 3.95
Interest Coverage 1.57

Financial Efficiency

Return on equity (ROE) is 4.80% and return on invested capital (ROIC) is 6.45%.

Return on Equity (ROE) 4.80%
Return on Assets (ROA) 1.90%
Return on Capital (ROIC) 6.45%
Revenue Per Employee $190,686
Profits Per Employee $4,108
Employee Count 2,490
Asset Turnover 0.87
Inventory Turnover 1.26

Taxes

In the past 12 months, Rocky Brands has paid $2.23 million in taxes.

Income Tax 2.23M
Effective Tax Rate 17.87%

Stock Price Statistics

The stock price has increased by +10.63% in the last 52 weeks. The beta is 2.02, so Rocky Brands's price volatility has been higher than the market average.

Beta (1Y) 2.02
52-Week Price Change +10.63%
50-Day Moving Average 28.41
200-Day Moving Average 21.76
Relative Strength Index (RSI) 56.14
Average Volume (30 Days) 47,300

Short Selling Information

The latest short interest is 351,888, so 4.77% of the outstanding shares have been sold short.

Short Interest 351,888
Short Previous Month 361,253
Short % of Shares Out 4.77%
Short % of Float 5.11%
Short Ratio (days to cover) 11.00

Income Statement

In the last 12 months, Rocky Brands had revenue of $474.81 million and earned $10.23 million in profits. Earnings per share was $1.40.

Revenue 474.81M
Gross Profit 184.58M
Operating Income 34.26M
Pretax Income 12.45M
Net Income 10.23M
EBITDA 46.07M
EBIT 34.26M
Earnings Per Share (EPS) $1.40
Full Income Statement

Balance Sheet

The company has $4.24 million in cash and $219.61 million in debt, giving a net cash position of -$215.37 million or -$29.19 per share.

Cash & Cash Equivalents 4.24M
Total Debt 219.61M
Net Cash -215.37M
Net Cash Per Share -$29.19
Equity / Book Value 216.77M
Book Value Per Share 29.38
Working Capital 219.74M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $59.58 million and capital expenditures -$3.96 million, giving a free cash flow of $55.63 million.

Operating Cash Flow 59.58M
Capital Expenditures -3.96M
Free Cash Flow 55.63M
FCF Per Share $7.55
Full Cash Flow Statement

Margins

Gross margin is 38.87%, with operating and profit margins of 7.21% and 2.15%.

Gross Margin 38.87%
Operating Margin 7.21%
Pretax Margin 2.62%
Profit Margin 2.15%
EBITDA Margin 9.70%
EBIT Margin 7.21%
FCF Margin 11.72%

Dividends & Yields

This stock pays an annual dividend of $0.62, which amounts to a dividend yield of 2.08%.

Dividend Per Share $0.62
Dividend Yield 2.08%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 44.29%
Buyback Yield -0.35%
Shareholder Yield 1.72%
Earnings Yield 4.64%
FCF Yield 25.24%
Dividend Details

Analyst Forecast

The average price target for Rocky Brands is $21.00, which is -29.70% lower than the current price. The consensus rating is "Hold".

Price Target $21.00
Price Target Difference -29.70%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Rocky Brands has an Altman Z-Score of 2.4 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.4
Piotroski F-Score 7