Crocs Intrinsic Value Calculator – Holding Our Rating: Reasons Why Crocs Remain a Standout
June 16, 2023
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Crocs ($NASDAQ:CROX) is a footwear company that designs, manufactures, and distributes shoes, sandals, and boots for men, women, and children. They are well known for their signature colorful foam clogs that have become a staple in many closets around the world. Crocs has been able to remain a standout in the footwear industry despite difficult market conditions due to their commitment to innovation and creativity. They have continuously pushed the boundaries of design with new materials and styles while still offering quality products at a reasonable price.
Additionally, they have been able to maintain a loyal customer base by providing excellent customer service and engaging in meaningful marketing campaigns that promote the brand and its values. Crocs has also seen success in their financial performance over the past year, with record revenues, margins, and profits. The company has seen significant growth in their online sales and have managed to expand their customer base while also increasing their gross margins. This strong performance is expected to continue as the company expands into new markets and continues to focus on innovation. Overall, Crocs remains a standout in the footwear industry due to their commitment to innovation, quality products, and strong financial performance.
Stock Price
On Thursday, CROCS stock opened at $120.6 and closed at $116.6, ending the day 3.7% down from the previous closing price of 121.1. Despite this dip in stock price, there are several reasons why CROCS continues to be one of the standout companies in the market. For starters, CROCS has been consistently innovating to stay ahead of the competition, making sure their products remain attractive to customers. They have continued to experiment with new materials and styles, while also drawing on their existing strengths to create new products. This commitment to innovation has allowed them to remain competitive in a crowded market and ensure their stock remains attractive to investors.
Additionally, CROCS has shown remarkable resilience in the face of changing market conditions. This demonstrated their ability to adapt and thrive in even the most challenging circumstances. Finally, CROCS has been strategic in expanding their reach into new markets, with a focus on international customers. This has allowed them to capitalize on untapped potential and build a strong customer base beyond their home market. Overall, these factors make CROCS a standout company in the current market, and it is likely that the firm’s stock will continue to remain attractive to investors. Crocs_Remain_a_Standout”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Crocs. More…
| Total Revenues | Net Income | Net Margin |
| 3.78k | 616.94 | 16.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Crocs. More…
| Operations | Investing | Financing |
| 681.84 | -107.21 | -622.13 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Crocs. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.6k | 3.63k | 15.62 |
Key Ratios Snapshot
Some of the financial key ratios for Crocs are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 45.9% | 102.3% | 25.7% |
| FCF Margin | ROE | ROA |
| 15.6% | 67.9% | 13.2% |
Analysis – Crocs Intrinsic Value Calculator
GoodWhale recently conducted an analysis of CROCS’s wellbeing. After careful consideration, our proprietary Valuation Line suggested that the fair value of CROCS share is around $150.9. This is a significant deviation from the current market price of $116.6, meaning that the stock is currently undervalued by a margin of 22.7%. This information may be of great interest to those looking to purchase CROCS stock. Crocs_Remain_a_Standout”>More…
Peers
Its competitors are Nike Inc, Skechers USA Inc, and Wolverine World Wide Inc.
– Nike Inc ($NYSE:NKE)
Nike is one of the largest sporting goods companies in the world. They design, develop, and manufacture footwear, apparel, and equipment for a variety of sports and fitness activities. Nike’s market cap as of 2022 is 138.47B. Their return on equity is 25.1%. Nike’s products are sold in over 190 countries worldwide.
– Skechers USA Inc ($NYSE:SKX)
Skechers USA Inc has a market cap of 5.44B as of 2022, a Return on Equity of 10.49%. The company is engaged in the design, development, marketing and sale of footwear for men, women and children.
– Wolverine World Wide Inc ($NYSE:WWW)
Wolverine World Wide Inc is a footwear company that designs, manufactures, and markets a range of shoes for men, women, and children. The company has a market cap of 1.3B as of 2022 and a Return on Equity of 18.81%. Wolverine World Wide is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol WWW. The company was founded in 1883 and is headquartered in Rockford, Michigan.
Summary
CROCS (NASDAQ:CROX) is a footwear and accessories retailer that has seen its stock price dip despite recent positive catalysts. Although the company has seen strong same-store sales growth, a strong earnings beat, and some impressive strategic moves, analysts are still maintaining their hold rating on the stock. This is due to concerns about revenue growth slowing, competitive pressures, and potential margin compression. Investors should carefully weigh these risks against the potential opportunity in CROCS before investing.
