Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.96
ASNA's Cash to Debt is ranked higher than
62% of the 1128 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.94 vs. ASNA: 0.96 )
ASNA' s 10-Year Cash to Debt Range
Min: 0.16   Max: No Debt
Current: 0.96

Equity to Asset 0.55
ASNA's Equity to Asset is ranked higher than
74% of the 1120 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.50 vs. ASNA: 0.55 )
ASNA' s 10-Year Equity to Asset Range
Min: 0.35   Max: 0.81
Current: 0.55

0.35
0.81
Interest Coverage 19.22
ASNA's Interest Coverage is ranked higher than
63% of the 775 Companies
in the Global Apparel Stores industry.

( Industry Median: 35.08 vs. ASNA: 19.22 )
ASNA' s 10-Year Interest Coverage Range
Min: 8.65   Max: 9999.99
Current: 19.22

8.65
9999.99
F-Score: 4
Z-Score: 3.62
M-Score: -2.58
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 5.63
ASNA's Operating margin (%) is ranked higher than
75% of the 1124 Companies
in the Global Apparel Stores industry.

( Industry Median: 5.32 vs. ASNA: 5.63 )
ASNA' s 10-Year Operating margin (%) Range
Min: 1.22   Max: 10.86
Current: 5.63

1.22
10.86
Net-margin (%) 3.21
ASNA's Net-margin (%) is ranked higher than
72% of the 1121 Companies
in the Global Apparel Stores industry.

( Industry Median: 3.52 vs. ASNA: 3.21 )
ASNA' s 10-Year Net-margin (%) Range
Min: 1.14   Max: 7.09
Current: 3.21

1.14
7.09
ROE (%) 9.72
ASNA's ROE (%) is ranked higher than
75% of the 1103 Companies
in the Global Apparel Stores industry.

( Industry Median: 9.14 vs. ASNA: 9.72 )
ASNA' s 10-Year ROE (%) Range
Min: 3.55   Max: 19.86
Current: 9.72

3.55
19.86
ROA (%) 5.27
ASNA's ROA (%) is ranked higher than
77% of the 1122 Companies
in the Global Apparel Stores industry.

( Industry Median: 4.34 vs. ASNA: 5.27 )
ASNA' s 10-Year ROA (%) Range
Min: 1.9   Max: 11.65
Current: 5.27

1.9
11.65
ROC (Joel Greenblatt) (%) 28.64
ASNA's ROC (Joel Greenblatt) (%) is ranked higher than
80% of the 1120 Companies
in the Global Apparel Stores industry.

( Industry Median: 20.04 vs. ASNA: 28.64 )
ASNA' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 6.34   Max: 60.43
Current: 28.64

6.34
60.43
Revenue Growth (%) 23.30
ASNA's Revenue Growth (%) is ranked higher than
96% of the 995 Companies
in the Global Apparel Stores industry.

( Industry Median: 5.50 vs. ASNA: 23.30 )
ASNA' s 10-Year Revenue Growth (%) Range
Min: 4   Max: 23.3
Current: 23.3

4
23.3
EBITDA Growth (%) 12.10
ASNA's EBITDA Growth (%) is ranked higher than
82% of the 818 Companies
in the Global Apparel Stores industry.

( Industry Median: 6.10 vs. ASNA: 12.10 )
ASNA' s 10-Year EBITDA Growth (%) Range
Min: -21.3   Max: 83.6
Current: 12.1

-21.3
83.6
EPS Growth (%) 3.00
ASNA's EPS Growth (%) is ranked higher than
68% of the 779 Companies
in the Global Apparel Stores industry.

( Industry Median: 7.20 vs. ASNA: 3.00 )
ASNA' s 10-Year EPS Growth (%) Range
Min: -37   Max: 111.8
Current: 3

-37
111.8
» ASNA's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

ASNA Guru Trades in Q3 2013

Jim Simons 335,468 sh (New)
Joel Greenblatt 267,055 sh (New)
Steven Cohen 254,323 sh (+571.85%)
Private Capital 1,087,527 sh (+59.19%)
Alan Fournier 8,064,600 sh (+15.22%)
PRIMECAP Management 3,340,400 sh (+3.02%)
Leon Cooperman Sold Out
Ken Fisher 2,660,305 sh (-0.37%)
Chuck Royce 7,686,185 sh (-1.96%)
Third Avenue Management 663,601 sh (-45.24%)
» More
Q4 2013

ASNA Guru Trades in Q4 2013

Paul Tudor Jones 26,880 sh (New)
PRIMECAP Management 5,660,500 sh (+69.46%)
Steven Cohen 335,809 sh (+32.04%)
Chuck Royce 8,000,285 sh (+4.09%)
Jim Simons Sold Out
Joel Greenblatt Sold Out
Ken Fisher 2,642,290 sh (-0.68%)
Alan Fournier 7,781,700 sh (-3.51%)
Third Avenue Management 477,260 sh (-28.08%)
Private Capital 532,377 sh (-51.05%)
» More
Q1 2014

ASNA Guru Trades in Q1 2014

John Burbank 10,458 sh (New)
PRIMECAP Management 6,951,400 sh (+22.81%)
Private Capital 548,177 sh (+2.97%)
Chuck Royce 8,076,130 sh (+0.95%)
Alan Fournier 7,781,700 sh (unchged)
Third Avenue Management 477,260 sh (unchged)
Steven Cohen 56,400 sh (unchged)
Ken Fisher 2,340,074 sh (-11.44%)
Paul Tudor Jones 14,326 sh (-46.7%)
Steven Cohen 176,690 sh (-47.38%)
» More
Q2 2014

ASNA Guru Trades in Q2 2014

Paul Tudor Jones 21,864 sh (+52.62%)
Private Capital 784,487 sh (+43.11%)
PRIMECAP Management 9,068,900 sh (+30.46%)
Chuck Royce 8,477,190 sh (+4.97%)
Alan Fournier 7,781,700 sh (unchged)
Third Avenue Management Sold Out
John Burbank Sold Out
Ken Fisher 640,804 sh (-72.62%)
» More
» Details

Insider Trades

Latest Guru Trades with ASNA

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
PRIMECAP Management 2014-06-30 Add 30.46%0.04%$16.4 - $18.02 $ 17.392%9068900
John Burbank 2014-06-30 Sold Out 0.01%$16.4 - $18.02 $ 17.392%0
PRIMECAP Management 2014-03-31 Add 22.81%0.03%$17 - $22.58 $ 17.39-9%6951400
John Burbank 2014-03-31 New Buy0.01%$17 - $22.58 $ 17.39-9%10458
Joel Greenblatt 2013-12-31 Sold Out 0.17%$19.44 - $21.56 $ 17.39-15%0
PRIMECAP Management 2013-12-31 Add 69.46%0.06%$19.44 - $21.56 $ 17.39-15%5660500
Leon Cooperman 2013-09-30 Sold Out 0.5%$16.26 - $20.06 $ 17.39-2%0
Joel Greenblatt 2013-09-30 New Buy0.17%$16.26 - $20.06 $ 17.39-2%267055
Leon Cooperman 2013-06-30 New Buy0.5%$17.01 - $20.33 $ 17.39-6%1874500
David Dreman 2013-06-30 Sold Out 0.37%$17.01 - $20.33 $ 17.39-6%0
Joel Greenblatt 2013-03-31 Sold Out 0.02%$16.42 - $19.53 $ 17.39-1%0
Joel Greenblatt 2012-12-31 Reduce -59.36%0.04%$18.15 - $21.28 $ 17.39-12%17284
Joel Greenblatt 2012-09-30 Reduce -77.61%0.2%$17.15 - $21.98 $ 17.39-10%42527
David Dreman 2012-06-30 Reduce -36.72%0.21%$17.87 - $22.515 $ 17.39-13%795532
PRIMECAP Management 2012-06-30 Reduce -58.73%0.16%$17.87 - $22.515 $ 17.39-13%3432400
David Dreman 2012-03-31 Reduce -31.49%0.2%$15.43 - $22.535 $ 17.39-2%628613
Joel Greenblatt 2011-09-30 Add 29.74%0.08%$12.43 - $17.56 $ 17.3918%74450
David Dreman 2011-06-30 New Buy0.55%$15.33 - $17.19 $ 17.398%849242
Joel Greenblatt 2011-06-30 Add 69.69%0.11%$15.33 - $17.19 $ 17.398%57385
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Ascena Retail Group Inc

Third Avenue Management Comments on Ascena - Jul 02, 2013


Ascena Retail Group (ASNA) is a specialty retailer primarily serving the female demographic within the U.S. While history has shown that retailing can be a very tough business over the long-term, there are multiple elements of Ascena we find unusually attractive. That we had owned its predecessor, Dress Barn, nearly 10 years ago and have followed the company's development in more recent years, only increased our comfort level.

• Portfolio of niche brands. By operating a portfolio of diversified brands, Ascena is not overly reliant on the success of any one of them. Moreover, each of the brands operates separate stores within niche markets and faces very little in the way of direct competition, unlike most apparel retailers. Ascena's primary brands are Dress Barn, Lane Bryant, Catherines, Maurices and Justice and each cater to different niches of the female population based on age, geography, and size (with multiple brands targeting plus size customers, for example). While each brand largely operates autonomously, Ascena employs a unique shared services model whereby the back office functions of all the brands are centralized, thus driving efficiencies across the portfolio and allowing the brands to focus on their customers.

• Strong, aligned management. Ascena's management team owns a significant piece of the company and has a long track record of successfully growing the company by identifying, acquiring and integrating brands into its portfolio without compromising Ascena's strong financial position. While the most recent acquisition of Lane Bryant and Catherines (via the acquisition last year of their holding company Charming Shoppes) has experienced hiccups, we believe Management will ultimately prove successful with its integration strategy and that the current integration period will ultimately prove to just be a pause in the company's long-term track record of creating value for shareholders. Encouragingly, Ascena announced a new president for Lane Bryant shortly following our investment in the company. The new president has been well-received given her stellar track record running The Limited for the last six years and removes a significant question mark as the brand had been without a president since last fall.

• Attractive valuation. Shares of Ascena were purchased at a relatively undemanding 6x EBITDA,equating to roughly a 6% to 7% free cash flow yield.

From Third Avenue Management's semi-annual 2013 commentary.


Check out Third Avenue Management latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 19.50
ASNA's P/E(ttm) is ranked higher than
72% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 22.90 vs. ASNA: 19.50 )
ASNA' s 10-Year P/E(ttm) Range
Min: 5.74   Max: 152.07
Current: 19.5

5.74
152.07
P/B 1.64
ASNA's P/B is ranked higher than
66% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.00 vs. ASNA: 1.64 )
ASNA' s 10-Year P/B Range
Min: 0.71   Max: 4.23
Current: 1.64

0.71
4.23
P/S 0.60
ASNA's P/S is ranked higher than
67% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.80 vs. ASNA: 0.60 )
ASNA' s 10-Year P/S Range
Min: 0.3   Max: 1.37
Current: 0.6

0.3
1.37
EV-to-EBIT 11.43
ASNA's EV-to-EBIT is ranked higher than
80% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 16.01 vs. ASNA: 11.43 )
ASNA' s 10-Year EV-to-EBIT Range
Min: 2.9   Max: 46.1
Current: 11.43

2.9
46.1
PEG 0.95
ASNA's PEG is ranked higher than
91% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 9999.00 vs. ASNA: 0.95 )
ASNA' s 10-Year PEG Range
Min: 0.15   Max: 10.08
Current: 0.95

0.15
10.08
Shiller P/E 18.59
ASNA's Shiller P/E is ranked higher than
82% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 46.80 vs. ASNA: 18.59 )
ASNA' s 10-Year Shiller P/E Range
Min: 7   Max: 43.9
Current: 18.59

7
43.9
Current Ratio 1.57
ASNA's Current Ratio is ranked higher than
67% of the 764 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.64 vs. ASNA: 1.57 )
ASNA' s 10-Year Current Ratio Range
Min: 1.14   Max: 3.88
Current: 1.57

1.14
3.88
Quick Ratio 0.65
ASNA's Quick Ratio is ranked higher than
60% of the 764 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.86 vs. ASNA: 0.65 )
ASNA' s 10-Year Quick Ratio Range
Min: 0.28   Max: 2.24
Current: 0.65

0.28
2.24

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 4.11
ASNA's Price/Tangible Book is ranked higher than
59% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.86 vs. ASNA: 4.11 )
ASNA' s 10-Year Price/Tangible Book Range
Min: 1.02   Max: 36.81
Current: 4.11

1.02
36.81
Price/DCF (Projected) 0.90
ASNA's Price/DCF (Projected) is ranked higher than
88% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.61 vs. ASNA: 0.90 )
ASNA' s 10-Year Price/DCF (Projected) Range
Min: 0.41   Max: 2.09
Current: 0.9

0.41
2.09
Price/Median PS Value 0.81
ASNA's Price/Median PS Value is ranked higher than
85% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.09 vs. ASNA: 0.81 )
ASNA' s 10-Year Price/Median PS Value Range
Min: 0.51   Max: 1.79
Current: 0.81

0.51
1.79
Price/Peter Lynch Fair Value 1.23
ASNA's Price/Peter Lynch Fair Value is ranked higher than
90% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 9999.00 vs. ASNA: 1.23 )
ASNA' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.32   Max: 6.02
Current: 1.23

0.32
6.02
Price/Graham Number 1.79
ASNA's Price/Graham Number is ranked higher than
71% of the 1176 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.38 vs. ASNA: 1.79 )
ASNA' s 10-Year Price/Graham Number Range
Min: 0.65   Max: 5.91
Current: 1.79

0.65
5.91
Earnings Yield (Greenblatt) 8.70
ASNA's Earnings Yield (Greenblatt) is ranked higher than
73% of the 1051 Companies
in the Global Apparel Stores industry.

( Industry Median: 7.00 vs. ASNA: 8.70 )
ASNA' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.2   Max: 34.1
Current: 8.7

2.2
34.1
Forward Rate of Return (Yacktman) 19.69
ASNA's Forward Rate of Return (Yacktman) is ranked higher than
85% of the 866 Companies
in the Global Apparel Stores industry.

( Industry Median: 8.00 vs. ASNA: 19.69 )
ASNA' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -2.6   Max: 61
Current: 19.69

-2.6
61

Business Description

Industry: Retail - Apparel & Specialty » Apparel Stores
Compare:IDEXY, ARO, TJX, FRCOF, ROST » details
Traded in other countries:AHR.Germany
Ascena Retail Group, Inc. is a Delaware corporation. The Company through its subsidiaries operates as a specialty retailer of apparel for women and tween girls. The company offers apparel, accessories, footwear, and lifestyle products, such as bedroom furnishings and electronics. The Company's main retail brands which include: Justice, Lane Bryant, maurices, dressbarn and Catherines. The Company operates approximately 3,800 stores throughout the United States, Puerto Rico and Canada. It classifies its businesses into five segments following a brand-oriented approach: Justice, Lane Bryant, maurices, dressbarn and Catherines. The Justice segment includes approximately 942 specialty retail and outlet stores, e-commerce operations, and certain licensed franchises in international territories. The Justice brand offers fashionable apparel to girls who are ages 7 to 14 in an environment designed to match the energetic lifestyle of tween girls. The Lane Bryant segment includes approximately 805 specialty retail and outlet stores, and e-commerce operations. The Lane Bryant brand offers fashionable and sophisticated plus-size apparel under multiple private labels to female customers in the 35 to 55 age range. The maurices segment includes approximately 832 specialty retail and outlet stores, and e-commerce operations. The maurices brand offers up-to-date fashion designed to appeal to the 17 to 34 year-old female, with stores concentrated in small markets (approximately 25,000 to 100,000 people). The dressbarnsegment includes approximately 827 specialty retail and outlet stores, and e-commerce operations. The dressbarn brand mainly attracts female consumers in the mid-30 to mid-50's age range and offers moderate-to-better quality career, special occasion and casual fashion to the working woman. The Catherines segment includes approximately 422 specialty retail and outlet stores, and e-commerce operations. The Catherines brand offers classic apparel and accessories for wear-to-work and casual lifestyles in a full range of plus sizes, generally catering to the female customer 45 years and older. The Company's main competitors are Walmart, Macy's, JCPenney, Kohl's, Old Navy, Aeropostale, Target and Sears. The Company is subject to general business regulations and laws, as well as regulations and laws specifically governing the Internet and e-commerce.
» More Articles for ASNA

Headlines

Articles On GuruFocus.com
Can A Struggling Ascena Make a Comeback? Apr 07 2014 
Drill Down on Dreman - Five Sold Out Sep 20 2013 
Third Avenue Management Comments on Ascena Jul 02 2013 
Weekly CFO Sells Highlight: PII, ASNA, FIO, VVUS, AFFY Jul 23 2012 
President & CEO of Ascena Retail David R Jaffe sold 433,600 shares Jun 23 2012 
Weekly Top Insider Buys: BAC, IVZ, AKAM, ASNA, URS Jun 17 2012 
Weekly CFO Sells Highlight: TMO, ENTG, SCVL, ZQK, ASNA Jan 23 2012 
comment on ASNA Oct 03 2011 
Stocks at Historical Low P/S Ratios Sep 29 2011 
New Magic Formula Stocks from Joel Greenblatt: Q1 Portfolio May 17 2011 


More From Other Websites
ASCENA RETAIL GROUP, INC. Files SEC form 8-K, Change in Directors or Principal Officers Aug 29 2014
dressbarn of Belleville Celebrates Grand Reopening Aug 29 2014
Newest dressbarn Creates Fashion Destination for Holly Springs Shoppers Aug 29 2014
Newest dressbarn Creates Fashion Destination for Corpus Christi Shoppers Aug 29 2014
Newest dressbarn Creates Fashion Destination for Brooklyn Shoppers Aug 29 2014
Newest dressbarn Creates Fashion Destination for Methuen Shoppers Aug 29 2014
maurices Launches Activewear Collection maurices inMOTION™ Aug 27 2014
Ascena to Expand, Opens New dressbarn and Lane Bryant Stores Aug 25 2014
Newest dressbarn Creates Fashion Destination for Eagan Shoppers Aug 22 2014
It's Time to Celebrate! You're Invited to the Grand Opening of Lane Bryant's New Location at Danbury... Aug 21 2014
Lane Bryant Announces Collaboration With Ready To Wear Designer Lela Rose Aug 19 2014
Ascena Unveils New Lane Bryant Store at Westfield Hawthorn Aug 18 2014
Ascena Retail Group, Inc. Holds Ribbon-Cutting Ceremony for New Shared Services Complex Aug 15 2014
Ascena Opens Shared Services and Distribution Center in Ohio Aug 15 2014
It's Time to Celebrate! You're Invited to the Grand Opening of Lane Bryant's New Location at... Aug 14 2014
Ascena Retail Group, Inc. Announces Ribbon-Cutting Ceremony for New Shared Services Complex Aug 13 2014
Ascena (ASNA) Opens Lane Bryant Store in New Hampshire Aug 12 2014
Ascena Inaugurates New dressbarn and Lane Bryant Locations Aug 11 2014
It's Time to Celebrate! You're Invited to the Grand Opening of Lane Bryant's New Location at... Aug 11 2014
Newest dressbarn Creates Fashion Destination for Simpsonville Shoppers Aug 08 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK