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Fox Factory Holding

DB:FF0
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FF0
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Fox Factory Holding has significant price volatility in the past 3 months.
FF0 Share Price and Events
7 Day Returns
4.9%
DB:FF0
-3.6%
DE Auto Components
-0.6%
DE Market
1 Year Returns
-42.3%
DB:FF0
-52.5%
DE Auto Components
-20.9%
DE Market
FF0 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fox Factory Holding (FF0) 4.9% -28.6% -36.9% -42.3% 49.4% 169.9%
DE Auto Components -3.6% -26.6% -44.8% -52.5% -66.5% -71.2%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • FF0 outperformed the Auto Components industry which returned -52.5% over the past year.
  • FF0 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
FF0
Industry
5yr Volatility vs Market
Related Companies

FF0 Value

 Is Fox Factory Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Fox Factory Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Fox Factory Holding.

DB:FF0 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:FF0
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.077 (1 + (1- 21%) (5.26%))
1.082
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.082 * 5.44%)
5.49%

Discounted Cash Flow Calculation for DB:FF0 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Fox Factory Holding is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:FF0 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5.49%)
2020 30.20 Analyst x1 28.63
2021 92.70 Analyst x1 83.30
2022 117.56 Est @ 26.82% 100.14
2023 139.50 Est @ 18.66% 112.63
2024 157.55 Est @ 12.94% 120.59
2025 171.64 Est @ 8.94% 124.53
2026 182.19 Est @ 6.14% 125.30
2027 189.81 Est @ 4.18% 123.74
2028 195.15 Est @ 2.81% 120.59
2029 198.76 Est @ 1.85% 116.43
Present value of next 10 years cash flows $1,055.00
DB:FF0 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $198.76 × (1 + -0.39%) ÷ (5.49% – -0.39%)
$3,365.07
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,365.07 ÷ (1 + 5.49%)10
$1,971.24
DB:FF0 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,055.00 + $1,971.24
$3,026.24
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3,026.24 / 38.60
$78.39
DB:FF0 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:FF0 represents 0.90329x of NasdaqGS:FOXF
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90329x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 78.39 x 0.90329
€70.81
Value per share (EUR) From above. €70.81
Current discount Discount to share price of €38.20
= -1 x (€38.20 - €70.81) / €70.81
46.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Fox Factory Holding is available for.
Intrinsic value
46%
Share price is €38.2 vs Future cash flow value of €70.81
Current Discount Checks
For Fox Factory Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Fox Factory Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Fox Factory Holding's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Fox Factory Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fox Factory Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FF0 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2020-01-03) in USD $2.43
NasdaqGS:FOXF Share Price ** NasdaqGS (2020-04-06) in USD $42.29
Germany Auto Components Industry PE Ratio Median Figure of 9 Publicly-Listed Auto Components Companies 11.43x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fox Factory Holding.

DB:FF0 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:FOXF Share Price ÷ EPS (both in USD)

= 42.29 ÷ 2.43

17.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fox Factory Holding is overvalued based on earnings compared to the DE Auto Components industry average.
  • Fox Factory Holding is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Fox Factory Holding's expected growth come at a high price?
Raw Data
DB:FF0 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
17.8%per year
Germany Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.49x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

DB:FF0 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.43x ÷ 17.8%

0.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fox Factory Holding is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Fox Factory Holding's assets?
Raw Data
DB:FF0 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2020-01-03) in USD $10.95
NasdaqGS:FOXF Share Price * NasdaqGS (2020-04-06) in USD $42.29
Germany Auto Components Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Components Companies 0.69x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:FF0 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:FOXF Share Price ÷ Book Value per Share (both in USD)

= 42.29 ÷ 10.95

3.86x

* Primary Listing of Fox Factory Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fox Factory Holding is overvalued based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess Fox Factory Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Fox Factory Holding has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FF0 Future Performance

 How is Fox Factory Holding expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fox Factory Holding expected to grow at an attractive rate?
  • Fox Factory Holding's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Fox Factory Holding's earnings growth is expected to exceed the Germany market average.
  • Fox Factory Holding's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:FF0 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:FF0 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 17.8%
DB:FF0 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 9%
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 48.7%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:FF0 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FF0 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 845 128 1
2021-12-31 938 122 133 8
2020-12-31 827 97 114 8
2020-04-06
DB:FF0 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2020-01-03 751 75 93
2019-09-27 722 36 91
2019-06-28 686 53 85
2019-03-29 651 63 81
2018-12-28 619 65 84
2018-09-28 584 87 67
2018-06-29 535 60 58
2018-03-30 499 50 54
2017-12-29 476 48 43
2017-09-29 466 50 50
2017-06-30 448 59 48
2017-03-31 429 43 43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fox Factory Holding's earnings are expected to grow by 17.8% yearly, however this is not considered high growth (20% yearly).
  • Fox Factory Holding's revenue is expected to grow by 9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:FF0 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Fox Factory Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FF0 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 2.64 2.64 2.64 1.00
2021-12-31 2.97 3.52 2.28 5.00
2020-12-31 2.53 2.97 1.84 5.00
2020-04-06
DB:FF0 Past Financials Data
Date (Data in USD Millions) EPS *
2020-01-03 2.43
2019-09-27 2.37
2019-06-28 2.25
2019-03-29 2.13
2018-12-28 2.22
2018-09-28 1.77
2018-06-29 1.56
2018-03-30 1.44
2017-12-29 1.15
2017-09-29 1.35
2017-06-30 1.29
2017-03-31 1.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Fox Factory Holding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Fox Factory Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fox Factory Holding has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FF0 Past Performance

  How has Fox Factory Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fox Factory Holding's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fox Factory Holding has delivered over 20% year on year earnings growth in the past 5 years.
  • Fox Factory Holding's 1-year earnings growth is less than its 5-year average (11% vs 30.7%)
  • Fox Factory Holding's earnings growth has exceeded the DE Auto Components industry average in the past year (11% vs -29.1%).
Earnings and Revenue History
Fox Factory Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fox Factory Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FF0 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2020-01-03 751.02 93.03 91.79 31.79
2019-09-27 721.95 90.65 88.02 30.27
2019-06-28 686.43 85.47 84.41 28.66
2019-03-29 651.13 80.92 81.57 26.95
2018-12-28 619.23 84.04 76.95 25.85
2018-09-28 583.51 66.71 75.38 24.19
2018-06-29 535.11 58.47 70.58 22.97
2018-03-30 499.10 53.82 65.19 21.89
2017-12-29 475.63 43.13 61.94 20.18
2017-09-29 466.10 50.14 61.62 19.77
2017-06-30 447.71 47.75 57.29 18.95
2017-03-31 429.19 42.94 55.69 18.55
2016-12-30 403.08 35.68 53.49 18.46
2016-09-30 387.19 32.69 49.10 18.50
2016-07-01 384.35 29.60 49.36 18.42
2016-04-01 379.23 27.45 46.77 17.99
2015-12-31 366.80 24.95 44.24 17.00
2015-09-30 345.23 21.00 41.45 15.62
2015-06-30 329.21 20.70 38.89 14.44
2015-03-31 318.41 25.52 37.46 13.91
2014-12-31 306.73 27.69 34.33 13.64
2014-09-30 297.89 29.72 31.96 13.20
2014-06-30 290.03 29.35 29.33 12.23
2014-03-31 273.98 23.49 26.05 11.19
2013-12-31 272.75 24.10 25.56 10.41
2013-09-30 264.10 20.98 24.25 9.97
2013-06-30 254.67 16.52 22.90 9.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Fox Factory Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Fox Factory Holding used its assets more efficiently than the DE Auto Components industry average last year based on Return on Assets.
  • Fox Factory Holding has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Fox Factory Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Fox Factory Holding has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FF0 Health

 How is Fox Factory Holding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fox Factory Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fox Factory Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fox Factory Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fox Factory Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fox Factory Holding Company Filings, last reported 3 months ago.

DB:FF0 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2020-01-03 437.92 68.00 43.74
2019-09-27 412.33 73.00 31.98
2019-06-28 384.20 77.55 39.02
2019-03-29 354.00 69.64 38.29
2018-12-28 335.49 59.43 27.96
2018-09-28 313.67 59.40 32.83
2018-06-29 286.72 65.89 22.69
2018-03-30 270.11 79.17 22.23
2017-12-29 247.79 98.64 35.95
2017-09-29 230.57 63.96 36.76
2017-06-30 214.29 64.87 43.35
2017-03-31 200.51 65.78 42.99
2016-12-30 184.94 66.68 35.28
2016-09-30 174.22 72.59 15.69
2016-07-01 159.68 73.49 10.12
2016-04-01 149.83 57.22 9.26
2015-12-31 152.26 47.88 6.94
2015-09-30 144.59 59.87 5.10
2015-06-30 135.08 68.58 6.19
2015-03-31 127.13 49.29 7.20
2014-12-31 128.81 50.00 4.21
2014-09-30 124.82 30.75 1.94
2014-06-30 112.16 45.38 1.86
2014-03-31 98.28 50.00 2.00
2013-12-31 92.29 8.00 1.68
2013-09-30 86.59 24.50 3.50
2013-06-30 40.00 65.50 0.18
  • Fox Factory Holding's level of debt (15.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (38.8% vs 15.5% today).
  • Debt is well covered by operating cash flow (110%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 35.6x coverage).
X
Financial health checks
We assess Fox Factory Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fox Factory Holding has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FF0 Dividends

 What is Fox Factory Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Fox Factory Holding dividends. Estimated to be 0% next year.
If you bought €2,000 of Fox Factory Holding shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Fox Factory Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Fox Factory Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:FF0 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 6.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:FF0 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 1.00
2021-12-31 0.00 2.00
2020-12-31 0.00 2.00
2020-04-06

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Fox Factory Holding has not reported any payouts.
  • Unable to verify if Fox Factory Holding's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Fox Factory Holding's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Fox Factory Holding has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Fox Factory Holding's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Fox Factory Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fox Factory Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fox Factory Holding has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FF0 Management

 What is the CEO of Fox Factory Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Dennison
COMPENSATION $2,432,927
AGE 51
TENURE AS CEO 0.8 years
CEO Bio

Mr. Michael C. Dennison, also known as Mike, is the Chief Executive Officer of Fox Factory Holding Corp. since June 29, 2019. He served as President of Powered Vehicles Group & Director at Fox Factory Holding Corp. from August 29, 2018 to June 29, 2019. He served as President of the Consumer Technology Group at Flex Ltd. until September 2018 and served as its Chief Marketing Officer. Since joining Flex in 1999, Mr. Dennison had occupied a number of roles, including as Senior Vice President of Business Management for High Velocity Solutions. Additionally, he has served as senior vice president of Business Management for the Mobile and Consumer Segment, senior vice president of Consumer Digital Products and senior vice president of the Flextronics Novo Group. He also led Procurement and Global Supply Chain organizations for the Company. He has been a Director of Soneter, LLC since September 2014. He is Director of Fox Factory Holding Corp. since February 2018. Prior to joining Flextronics, he was the Regional Director at Arrow Electronics based out of New York. He holds a Bachelor of Arts degree in Liberal Arts from Oregon State University in 1989.

CEO Compensation
  • Mike's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Mike's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Fox Factory Holding management team in years:

2
Average Tenure
54
Average Age
  • The tenure for the Fox Factory Holding management team is about average.
Management Team

Larry Enterline

TITLE
Executive Chairman
COMPENSATION
$1M
AGE
66

Mike Dennison

TITLE
CEO & Director
COMPENSATION
$2M
AGE
51
TENURE
0.8 yrs

John Blocher

TITLE
Senior VP of Finance & Corporate Controller and Interim CFO & Treasurer
COMPENSATION
$711K
AGE
54
TENURE
0.4 yrs

Wes Allinger

TITLE
Executive VP of Specialty Sports Group of Cycling Division
COMPENSATION
$754K
AGE
54
TENURE
2 yrs

Chris Tutton

TITLE
President of Specialty Sports Group
COMPENSATION
$1M
AGE
45
TENURE
2 yrs

Rich Winters

TITLE
President of Powered Vehicles Group
COMPENSATION
$1M
TENURE
0.8 yrs

Dan Robbins

TITLE
Senior Director of Communications and Investor Relations

David Haugen

TITLE
VP, General Counsel & Corporate Secretary
TENURE
3.2 yrs

Marcus Stallings

TITLE
Vice President of Corporate Development and Mergers & Acquisitions

Dale Silvia

TITLE
Chief Human Resources Officer
TENURE
3.2 yrs
Board of Directors Tenure

Average tenure and age of the Fox Factory Holding board of directors in years:

2.2
Average Tenure
61
Average Age
  • The average tenure for the Fox Factory Holding board of directors is less than 3 years, this suggests a new board.
Board of Directors

Larry Enterline

TITLE
Executive Chairman
COMPENSATION
$1M
AGE
66
TENURE
0.8 yrs

Mike Dennison

TITLE
CEO & Director
COMPENSATION
$2M
AGE
51
TENURE
2.2 yrs

Dudley Mendenhall

TITLE
Lead Independent Director
COMPENSATION
$211K
AGE
64
TENURE
0.8 yrs

Liz Fetter

TITLE
Independent Director
COMPENSATION
$158K
AGE
61
TENURE
2.8 yrs

Tom Duncan

TITLE
Independent Director
COMPENSATION
$158K
AGE
53
TENURE
2.8 yrs

Ted Waitman

TITLE
Independent Director
COMPENSATION
$162K
AGE
69
TENURE
6.8 yrs

Jean Hlay

TITLE
Independent Director
COMPENSATION
$141K
AGE
59
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Fox Factory Holding individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Mar 20 Buy Michael Dennison Individual 12. Mar 20 12. Mar 20 2,000 €45.06 €90,127
06. Nov 19 Sell Larry Enterline Individual 04. Nov 19 04. Nov 19 -12,794 €57.22 €-732,030
12. Sep 19 Sell Zvi Glasman Individual 09. Sep 19 10. Sep 19 -10,000 €61.26 €-612,102
18. Sep 19 Sell Larry Enterline Individual 13. Sep 19 13. Sep 19 -30,000 €61.76 €-1,835,611
14. Sep 19 Sell Zvi Glasman Individual 13. Sep 19 13. Sep 19 -7,000 €61.35 €-429,456
04. Sep 19 Sell Zvi Glasman Individual 29. Aug 19 30. Aug 19 -13,583 €66.38 €-900,717
31. Aug 19 Sell Christopher Tutton Individual 30. Aug 19 30. Aug 19 -1,000 €66.22 €-66,221
21. Aug 19 Sell Christopher Tutton Individual 16. Aug 19 16. Aug 19 -1,000 €67.81 €-67,806
16. Aug 19 Sell Christopher Tutton Individual 13. Aug 19 13. Aug 19 -461 €67.02 €-30,896
07. Aug 19 Sell Christopher Tutton Individual 05. Aug 19 06. Aug 19 -5,000 €66.99 €-333,223
14. Jun 19 Sell Christopher Tutton Individual 12. Jun 19 12. Jun 19 -220 €65.18 €-14,340
25. May 19 Sell Larry Enterline Individual 22. May 19 23. May 19 -70,000 €61.79 €-4,274,140
09. May 19 Sell Christopher Tutton Individual 06. May 19 06. May 19 -2,000 €67.81 €-135,626
X
Management checks
We assess Fox Factory Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fox Factory Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FF0 News

Simply Wall St News

FF0 Company Info

Description

Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers front fork and rear suspension products for mountain bikes, road bikes, and e-bikes; and powered vehicle products for side-by-side vehicles, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. It also provides mountain and road bike wheels, and other performance cycling components, including cranks, chain rings, pedals, bars, stems, and seat posts, as well as sells aftermarket products to retailers and distributors. The company owns, licenses, and sells under the FOX, FOX RACING SHOX, and RACE FACE trademarks. Fox Factory Holding Corp. was incorporated in 2007 and is headquartered in Braselton, Georgia.

Details
Name: Fox Factory Holding Corp.
FF0
Exchange: DB
Founded: 2007
$1,513,171,795
38,602,699
Website: http://www.ridefox.com
Address: Fox Factory Holding Corp.
6634 Highway 53,
Braselton,
Georgia, 30517,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS FOXF Common Stock Nasdaq Global Select US USD 08. Aug 2013
DB FF0 Common Stock Deutsche Boerse AG DE EUR 08. Aug 2013
Number of employees
Current staff
Staff numbers
2,600
Fox Factory Holding employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 23:39
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/02
Last earnings filing: 2020/03/03
Last earnings reported: 2020/01/03
Last annual earnings reported: 2020/01/03


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.