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22.8 (1y: +8%)
Market Cap 1.15 B P/E(ttm) 58.60
Enterprise Value 1.02 B P/B 1.30
SKX- NYSE (USA)
Skechers USA, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$22.80
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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 2.285
SKX's Cash to Debt is ranked higher than
58% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 2.80 vs. SKX: 2.285 )
SKX' s 10-Year Cash to Debt Range
Min: 0.1   Max: 17.99
Current: 2.29
0.1
17.99
Equity to Asset 0.654
SKX's Equity to Asset is ranked higher than
67% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 0.59 vs. SKX: 0.654 )
SKX' s 10-Year Equity to Asset Range
Min: 0.44   Max: 0.76
Current: 0.65
0.44
0.76
Interest Coverage 1.7
SKX's Interest Coverage is ranked lower than
52% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 11.10 vs. SKX: 1.7 )
SKX' s 10-Year Interest Coverage Range
Min: 2   Max: No Debt
Current: 1.7
F-Score: 5
Z-Score: 4.42
M-Score: -1.25
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 : 3/10

vs
industry		 vs
history
Operating margin (%) 1.40
SKX's Operating margin (%) is ranked lower than
57% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 4.60 vs. SKX: 1.40 )
SKX' s 10-Year Operating margin (%) Range
Min: -8.3   Max: 12
Current: 1.4
-8.3
12
Net-margin (%) 0.6
SKX's Net-margin (%) is ranked lower than
57% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 3.50 vs. SKX: 0.6 )
SKX' s 10-Year Net-margin (%) Range
Min: -4.2   Max: 6.8
Current: 0.6
-4.2
6.8
ROE (%) 1.1
SKX's ROE (%) is ranked lower than
56% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 5.90 vs. SKX: 1.1 )
SKX' s 10-Year ROE (%) Range
Min: -7.9   Max: 32.6
Current: 1.1
-7.9
32.6
ROA (%) 0.7
SKX's ROA (%) is ranked lower than
56% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 3.40 vs. SKX: 0.7 )
SKX' s 10-Year ROA (%) Range
Min: -5.3   Max: 14.4
Current: 0.7
-5.3
14.4
ROC (Joel Greenblatt) (%) 3.20
SKX's ROC (Joel Greenblatt) (%) is ranked lower than
53% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 12.00 vs. SKX: 3.20 )
SKX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -20.1   Max: 39.1
Current: 3.2
-20.1
39.1
Revenue Growth (%) 0.7
SKX's Revenue Growth (%) is ranked higher than
69% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 0.00 vs. SKX: 0.7 )
SKX' s 10-Year Revenue Growth (%) Range
Min: -2.2   Max: 15.8
Current: 0.7
-2.2
15.8
EBITDA Growth (%) -10
SKX's EBITDA Growth (%) is ranked lower than
73% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 0.00 vs. SKX: -10 )
SKX' s 10-Year EBITDA Growth (%) Range
Min: -30.4   Max: 49.8
Current: -10
-30.4
49.8
EPS Growth (%) -36.4
SKX's EPS Growth (%) is ranked lower than
79% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 0.00 vs. SKX: -36.4 )
SKX' s 10-Year EPS Growth (%) Range
Min: -36.4   Max: 28.9
Current: -36.4
-36.4
28.9
» SKX's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

SKX Guru Trades in Q2 2012

Jim Simons 437,400 sh (New)
Steven Cohen 539,631 sh (+154.67%)
Chuck Royce 439,100 sh (-25.71%)
Richard Pzena 996,001 sh (-59.63%)
» More
Q3 2012

SKX Guru Trades in Q3 2012

Steven Cohen 695,718 sh (+28.92%)
Chuck Royce 434,100 sh (-1.14%)
Richard Pzena 891,995 sh (-10.44%)
Jim Simons 325,500 sh (-25.58%)
» More
Q4 2012

SKX Guru Trades in Q4 2012

Paul Tudor Jones 175,000 sh (New)
Chuck Royce 694,200 sh (+59.92%)
Richard Pzena 865,986 sh (-2.92%)
Steven Cohen 550,961 sh (-20.81%)
Jim Simons 126,400 sh (-61.17%)
» More
Q1 2013

SKX Guru Trades in Q1 2013

Steven Cohen 1,625,480 sh (+195.03%)
Richard Pzena 889,386 sh (+2.7%)
Chuck Royce 702,958 sh (+1.26%)
Jim Simons Sold Out
Paul Tudor Jones Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with SKX

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Wallace Weitz 2011-12-31 Sold Out 0.01%$11.89 - $14.96 $ 22.871%0
Wallace Weitz 2011-06-30 New Buy0.01%$13.59 - $20.75 $ 22.830%15876
Wallace Weitz 2011-03-31 Sold Out $18.46 - $23.45 $ 22.811%0
Wallace Weitz 2010-12-31 New Buy0.08%$19.24 - $25.5 $ 22.84%80713
George Soros 2010-12-31 Sold Out 0.01%$19.24 - $25.5 $ 22.84%0
George Soros 2010-09-30 New Buy0.01%$21.66 - $38.04 $ 22.8-23%17100
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Top Ranked Articles about Skechers USA, Inc.

Herbalife Insider Trading Scandal: Fancy Watches, Springsteen Tickets and Jail Time
April 12, 2013
- Herbalife Insider Trading Scandal: Fancy Watches, Springsteen Tickets And Jail Time
Fancy watches, Springsteen tickets and jail time — what more could you want? Well, today two men have been charged in the KPMG insider trading case. Federal authorities in Los Angeles have filed criminal and civil insider-trading charges against former partner of KPMG, Scott London, and his “golfing buddy” Bryan Shaw. Scott London, 50, was fired last week after 29 years of service from accounting giant KPMG after the company learned that London had been trading nonpublic information about some of their largest clients. Two of the clients were Herbalife (HLF) and Skechers USA (SKX). London was said to have been trading this information to a good friend whose jewelry store was hit hard by the economic crisis in California. Read more...
Insider Trading Scandal Now Plagues Herbalife
April 9, 2013
- Insider Trading Scandal Now Plagues Herbalife
On April 8 KPMG LLP released a press statement saying they had resigned effective immediately as the auditing firm for both Herbalife (HLF) and Skechers USA (SKX). This resignation came after the company found out that one of its auditors was profiting from discussing nonpublic information with investors in these companies. Read more...
SAC Increases SKX Stake 265% as KPMG Resigns from Skechers
April 9, 2013
- SAC Increases SKX Stake 265% As KPMG Resigns From Skechers
Does humanity really buy more performance footwear coinciding with major sporting events like the World Cup and Olympics? Apparently, yes. Projections are that global footwear is anticipated to reach $51 billion by 2017, thanks to consumer push inspired by major sporting events ahead, both in Brazil: the World Cup in 2014 and the Olympics in 2016. Asia is also forecasted to have the highest growth in athletic footwear retail in the next five years with household incomes on the rise. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 58.60
SKX's P/E(ttm) is ranked lower than
73% of the 537 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 16.50 vs. SKX: 58.60 )
SKX' s 10-Year P/E(ttm) Range
Min: 5.07   Max: 203.67
Current: 58.6
5.07
203.67
P/B 1.30
SKX's P/B is ranked higher than
56% of the 645 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 1.30 vs. SKX: 1.30 )
SKX' s 10-Year P/B Range
Min: 0.39   Max: 9.39
Current: 1.3
0.39
9.39
P/S 0.69
SKX's P/S is ranked higher than
59% of the 672 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 0.73 vs. SKX: 0.69 )
SKX' s 10-Year P/S Range
Min: 0.19   Max: 1.88
Current: 0.69
0.19
1.88
EV-to-EBIT 25
SKX's EV-to-EBIT is ranked lower than
63% of the 521 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 12.61 vs. SKX: 25 )
SKX' s 10-Year EV-to-EBIT Range
Min: 2.8   Max: 798.2
Current: 25
2.8
798.2
Shiller P/E 24.7
SKX's Shiller P/E is ranked lower than
100% of the Companies
in the Global Footwear & Accessories industry.

( Industry Median: vs. SKX: 24.7 )
SKX' s 10-Year Shiller P/E Range
Min: 5.83   Max: 39
Current: 24.7
5.83
39

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 3.5
SKX's Price/Net Current Asset Value is ranked higher than
73% of the 574 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 5.90 vs. SKX: 3.5 )
SKX' s 10-Year Price/Net Current Asset Value Range
Min: 2.1   Max: 6.4
Current: 3.5
2.1
6.4
Price/Tangible Book 1.3
SKX's Price/Tangible Book is ranked higher than
59% of the 588 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 1.50 vs. SKX: 1.3 )
SKX' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 4.2
Current: 1.3
0.7
4.2
Price/DCF (Projected) 2.1
SKX's Price/DCF (Projected) is ranked lower than
60% of the 244 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 1.20 vs. SKX: 2.1 )
SKX' s 10-Year Price/DCF (Projected) Range
Min: 1   Max: 2.7
Current: 2.1
1
2.7
Price/Median PS Value 1.1
SKX's Price/Median PS Value is ranked higher than
51% of the 596 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 1.00 vs. SKX: 1.1 )
SKX' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 2
Current: 1.1
0.6
2
Price/Graham Number 2.5
SKX's Price/Graham Number is ranked lower than
69% of the 478 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 1.10 vs. SKX: 2.5 )
SKX' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 2
Current: 2.5
0.6
2
Earnings Yield (Greenblatt) 4.00
SKX's Earnings Yield (Greenblatt) is ranked higher than
52% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 5.50 vs. SKX: 4.00 )
SKX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 35.6
Current: 4
0.1
35.6
Forward Rate of Return (Yacktman) -0.08
SKX's Forward Rate of Return (Yacktman) is ranked lower than
65% of the 731 Companies
in the Global Footwear & Accessories industry.

( Industry Median: 0.00 vs. SKX: -0.08 )
SKX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -22.6   Max: 47.9
Current: -0.08
-22.6
47.9

Business Description

Skechers USA Inc. was incorporated in California in 1992 and reincorporated in Delaware in 1999. The Company designs and markets Skechers-branded contemporary footwear for men, women and children under several unique lines. Skecher's footwear reflects a combination of style, quality and values those appeals to a range of consumers. In addition to Skechers-branded lines, it also offers several uniquely branded designer, fashion and street-focused footwear lines for men, women and children. These lines are branded and marketed separately from Skechers and appeal to specific audiences. The Company's brands are sold through department stores, specialty stores, athletic retailers, and boutiques as well as catalog and Internet retailers. Along with wholesale distribution, its footwear is available at its e-commerce website and its own retail stores. Skecher operates 120 concept stores, 107 factory outlet stores and 54 warehouse outlet stores in the United States, and 16 concept stores and three factory outlets internationally. The Company's core consumers are style-conscious 12 to 24 year-old men and women attracted to its youthful brand image and fashion forward designs. Many of its best-selling and core styles are also developed for children with colors and materials that reflect a playful image appropriate for this demographic. It's Skechers USA category for men and women includes: Casuals, Dress Casuals, Relaxed Fit (for men only), Seriously Lightweight Sandals and Casual Fusion. This category is generally sold through mid-tier retailers, department stores and some footwear specialty shops. Its Skechers Sport footwear for men and women includes: Joggers, Trail Runners, Sport Hikers, Terrainers, Performance, Skechers D'Lites, and Sport Sandals. The Company's Skechers Sport category is distinguished by its technical performance-inspired looks; however, it generally does not promote the technical performance features of these shoes. Skechers Sport is typically sold through specialty shoe stores, department stores and athletic footwear retailers. Its Skechers Cali is a line of sneakers, skimmers, wedges and sandals for young women designed to typify the California lifestyle. The uppers are mainly in canvas, fabrics and leather with unique prints, some with patch details. The sandals range from dress casual looks to casual to beach thongs. Skechers Cali is sold through specialty casual shoe stores and department stores. The Company's safety toe athletic sneakers, boots, hikers, and casuals are ideal for environments requiring safety footwear and offer comfort and safety in dry or wet conditions. Skecher's slip-resistant boots, hikers, athletics, casuals and clogs are ideal for the service industry. The Company's safety toe products have been independently tested and certified to meet ASTM standards, and its slip-resistant soles have been tested pursuant to the Mark II testing method for slip resistance. Skecher's products are produced b
Company Website
SEC Reports
Industry: Footwear & Accessories
Compare:NKE, ADDYY, BELLY, YUEIY, FOSL
Traded in other countries:SKAA.Germany
» More Articles for SKX

Headlines

Articles On GuruFocus.com
Herbalife Insider Trading Scandal: Fancy Watches, Springsteen Tickets and Jail Time Apr 12 2013 
Insider Trading Scandal Now Plagues Herbalife Apr 09 2013 
SAC Increases SKX Stake 265% as KPMG Resigns from Skechers Apr 09 2013 
How the DuPont Analysis Helps to Break Down ROE Dec 18 2012 
GMI Ratings Governance Issue | Skechers USA Inc. May 17 2012 
I sold skechers, should you too ? Feb 18 2012 
Why We’re Still Buying Skechers Stock Nov 29 2011 
Skechers Is Cheap Nov 23 2011 
comment on SKX Oct 20 2011 
comment on SKX Oct 20 2011 

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