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Also traded in: Germany

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 No Debt
FIT's Cash-to-Debt is ranked higher than
86% of the 2249 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.52 vs. FIT: No Debt )
Ranked among companies with meaningful Cash-to-Debt only.
FIT' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.48  Med: No Debt Max: No Debt
Current: No Debt
Equity-to-Asset 0.63
FIT's Equity-to-Asset is ranked higher than
57% of the 2188 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.58 vs. FIT: 0.63 )
Ranked among companies with meaningful Equity-to-Asset only.
FIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12  Med: 0.63 Max: 0.69
Current: 0.63
0.12
0.69
Interest Coverage No Debt
FIT's Interest Coverage is ranked higher than
82% of the 1823 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 49.87 vs. FIT: No Debt )
Ranked among companies with meaningful Interest Coverage only.
FIT' s Interest Coverage Range Over the Past 10 Years
Min: 71.08  Med: 341.71 Max: No Debt
Current: No Debt
Piotroski F-Score: 3
Altman Z-Score: 2.81
Beneish M-Score: -3.33
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 : 4/10

vs
industry
vs
history
Operating Margin % -17.09
FIT's Operating Margin % is ranked lower than
87% of the 2233 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 4.20 vs. FIT: -17.09 )
Ranked among companies with meaningful Operating Margin % only.
FIT' s Operating Margin % Range Over the Past 10 Years
Min: -17.09  Med: -3.3 Max: 21.19
Current: -17.09
-17.09
21.19
Net Margin % -13.79
FIT's Net Margin % is ranked lower than
85% of the 2233 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.03 vs. FIT: -13.79 )
Ranked among companies with meaningful Net Margin % only.
FIT' s Net Margin % Range Over the Past 10 Years
Min: -19.04  Med: -4.74 Max: 17.68
Current: -13.79
-19.04
17.68
ROE % -23.50
FIT's ROE % is ranked lower than
88% of the 2209 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 5.89 vs. FIT: -23.50 )
Ranked among companies with meaningful ROE % only.
FIT' s ROE % Range Over the Past 10 Years
Min: -23.5  Med: 21.58 Max: 480.64
Current: -23.5
-23.5
480.64
ROA % -14.66
FIT's ROA % is ranked lower than
88% of the 2260 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.04 vs. FIT: -14.66 )
Ranked among companies with meaningful ROA % only.
FIT' s ROA % Range Over the Past 10 Years
Min: -44.74  Med: 5.09 Max: 30.51
Current: -14.66
-44.74
30.51
ROC (Joel Greenblatt) % -188.29
FIT's ROC (Joel Greenblatt) % is ranked lower than
95% of the 2253 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 11.26 vs. FIT: -188.29 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
FIT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -276.1  Med: 83.52 Max: 440.26
Current: -188.29
-276.1
440.26
GuruFocus has detected 2 Warning Signs with Fitbit Inc $FIT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» FIT's 30-Y Financials

Financials (Next Earnings Date: 2017-11-01 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q3 2016

FIT Guru Trades in Q3 2016

Pioneer Investments 1,110,139 sh (+177.40%)
Chuck Royce 1,486,483 sh (+103.18%)
Jim Simons 2,013,820 sh (+51.11%)
John Griffin 1,035,000 sh (unchged)
Chase Coleman 500,000 sh (unchged)
Paul Tudor Jones 1,209,200 sh (unchged)
Steven Cohen Sold Out
Paul Tudor Jones Sold Out
Wilbur Ross Sold Out
Joel Greenblatt 11,521 sh (-99.62%)
» More
Q4 2016

FIT Guru Trades in Q4 2016

Paul Tudor Jones 86,307 sh (New)
John Griffin 3,868,700 sh (+273.79%)
Paul Tudor Jones 161,100 sh (unchged)
Chase Coleman 500,000 sh (unchged)
Joel Greenblatt Sold Out
Chuck Royce 1,315,269 sh (-11.52%)
Jim Simons 1,359,600 sh (-32.49%)
Pioneer Investments 653,870 sh (-41.10%)
» More
Q1 2017

FIT Guru Trades in Q1 2017

Jim Simons 1,614,994 sh (+18.78%)
Chase Coleman 500,000 sh (unchged)
Chuck Royce Sold Out
John Griffin Sold Out
Paul Tudor Jones Sold Out
Pioneer Investments 648,542 sh (-0.81%)
» More
Q2 2017

FIT Guru Trades in Q2 2017

Jim Simons 4,741,700 sh (+193.60%)
Chase Coleman 500,000 sh (unchged)
Pioneer Investments Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with NYSE:FIT

(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
Joel Greenblatt 2016-12-31 Sold Out $7.29 - $14.78 $ 6.32-38%0
Joel Greenblatt 2016-09-30 Reduce -99.62%0.45%$12.31 - $16.98 $ 6.32-57%11,521
Wilbur Ross 2016-09-30 Sold Out 0.25%$12.31 - $16.98 $ 6.32-57%0
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
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Business Description

Industry: Computer Hardware » Scientific & Technical Instruments    NAICS: 334519    SIC: 3829
Compare:NAS:NOVT, NYSE:ESE, NYSE:BMI, NAS:MTSC, NYSE:RTEC, NYSE:LDR, NAS:FARO, NAS:IIVI, NAS:MLAB, NYSE:VPG, NAS:ITRI, NAS:HURC, NAS:CYBE, NAS:TRNS, NAS:PRCP, NAS:LRAD, NAS:MIND, NAS:LUNA, OTCPK:MEEC, NAS:DYSL » details
Traded in other countries:5FB.Germany,
Headquarter Location:USA
Fitbit Inc provides fitness tracking devices, wearable devices, and the health and fitness goals. It provides platform to combine connected health and fitness devices with software and services.

Fitbit Inc provides platform to combine connected health and fitness devices with software and services, including an online dashboard and mobile apps, data analytics, motivational and social tools, personalized insights, and virtual coaching through customized fitness plans and interactive workouts. It sells devices through diversified sales channels that include distributors, retailers, a corporate wellness offering, and Fitbit.com. Its sells its products through retail channel, consumer direct channel and corporate wellness channel. It provides retailers with freestanding, in-line, and endcap POP displays of varying sizes. These displays communicate its marketing messages, present its products and their features and, in many cases, allow consumers to try on its devices and view an interactive app that enables them to learn more about its products. The Company's trademarks include Fitbit, the Fitbit logo, Fitbit Zip, Fitbit One, Fitbit Flex, Fitbit Charge, Fitbit Charge HR, Fitbit Surge, Fitbit Aria, PurePulse, and its other registered or common law trade names.

Ratios

vs
industry
vs
history
PB Ratio 1.56
FIT's PB Ratio is ranked higher than
64% of the 2164 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.73 vs. FIT: 1.56 )
Ranked among companies with meaningful PB Ratio only.
FIT' s PB Ratio Range Over the Past 10 Years
Min: 1.25  Med: 2.93 Max: 13.47
Current: 1.56
1.25
13.47
PS Ratio 0.83
FIT's PS Ratio is ranked higher than
69% of the 2214 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.14 vs. FIT: 0.83 )
Ranked among companies with meaningful PS Ratio only.
FIT' s PS Ratio Range Over the Past 10 Years
Min: 0.63  Med: 1.38 Max: 4
Current: 0.83
0.63
4
EV-to-EBIT -2.69
FIT's EV-to-EBIT is ranked lower than
99.99% of the 1704 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 15.93 vs. FIT: -2.69 )
Ranked among companies with meaningful EV-to-EBIT only.
FIT' s EV-to-EBIT Range Over the Past 10 Years
Min: -10  Med: 9.8 Max: 30.1
Current: -2.69
-10
30.1
EV-to-EBITDA -3.47
FIT's EV-to-EBITDA is ranked lower than
99.99% of the 1799 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 12.05 vs. FIT: -3.47 )
Ranked among companies with meaningful EV-to-EBITDA only.
FIT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -20.5  Med: 9.05 Max: 28.5
Current: -3.47
-20.5
28.5
EV-to-Revenue 0.45
FIT's EV-to-Revenue is ranked higher than
92% of the 2193 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.13 vs. FIT: 0.45 )
Ranked among companies with meaningful EV-to-Revenue only.
FIT' s EV-to-Revenue Range Over the Past 10 Years
Min: 0.2  Med: 1.2 Max: 6.2
Current: 0.45
0.2
6.2
Current Ratio 2.37
FIT's Current Ratio is ranked higher than
59% of the 2232 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.98 vs. FIT: 2.37 )
Ranked among companies with meaningful Current Ratio only.
FIT' s Current Ratio Range Over the Past 10 Years
Min: 1.07  Med: 2.47 Max: 3.14
Current: 2.37
1.07
3.14
Quick Ratio 2.08
FIT's Quick Ratio is ranked higher than
63% of the 2232 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.49 vs. FIT: 2.08 )
Ranked among companies with meaningful Quick Ratio only.
FIT' s Quick Ratio Range Over the Past 10 Years
Min: 0.8  Med: 2.02 Max: 2.53
Current: 2.08
0.8
2.53
Days Inventory 65.18
FIT's Days Inventory is ranked higher than
57% of the 2171 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 71.07 vs. FIT: 65.18 )
Ranked among companies with meaningful Days Inventory only.
FIT' s Days Inventory Range Over the Past 10 Years
Min: 48.86  Med: 56.13 Max: 80.72
Current: 65.18
48.86
80.72
Days Sales Outstanding 45.65
FIT's Days Sales Outstanding is ranked higher than
87% of the 1840 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 73.80 vs. FIT: 45.65 )
Ranked among companies with meaningful Days Sales Outstanding only.
FIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.65  Med: 100.37 Max: 116.96
Current: 45.65
45.65
116.96
Days Payable 27.99
FIT's Days Payable is ranked lower than
73% of the 1772 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 57.54 vs. FIT: 27.99 )
Ranked among companies with meaningful Days Payable only.
FIT' s Days Payable Range Over the Past 10 Years
Min: 27.99  Med: 111.12 Max: 184.17
Current: 27.99
27.99
184.17

Buy Back

vs
industry
vs
history

Valuation & Return

vs
industry
vs
history
Price-to-Net-Cash 10.36
FIT's Price-to-Net-Cash is ranked higher than
54% of the 516 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 9.09 vs. FIT: 10.36 )
Ranked among companies with meaningful Price-to-Net-Cash only.
FIT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 8.7  Med: 24.6 Max: 80.19
Current: 10.36
8.7
80.19
Price-to-Net-Current-Asset-Value 2.42
FIT's Price-to-Net-Current-Asset-Value is ranked higher than
75% of the 1668 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 4.03 vs. FIT: 2.42 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
FIT' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.03  Med: 3.85 Max: 12.14
Current: 2.42
2.03
12.14
Price-to-Tangible-Book 1.70
FIT's Price-to-Tangible-Book is ranked higher than
62% of the 2109 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.87 vs. FIT: 1.70 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
FIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.43  Med: 3.08 Max: 11.38
Current: 1.7
1.43
11.38
Price-to-Median-PS-Value 0.61
FIT's Price-to-Median-PS-Value is ranked higher than
96% of the 2134 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.17 vs. FIT: 0.61 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
FIT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.51  Med: 1 Max: 2.31
Current: 0.61
0.51
2.31
Earnings Yield (Greenblatt) % -37.05
FIT's Earnings Yield (Greenblatt) % is ranked lower than
97% of the 2257 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 4.03 vs. FIT: -37.05 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
FIT' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -60.4  Med: 5.35 Max: 15
Current: -37.05
-60.4
15

More Statistics

Revenue (TTM) (Mil) $1,729.82
EPS (TTM) $ -1.08
Short Percentage of Float22.42%
52-Week Range $4.90 - 17.18
Shares Outstanding (Mil)232.93

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 1,625 1,779 1,946
EPS ($) -0.39 -0.31 -0.37
EPS without NRI ($) -0.39 -0.31 -0.37
EPS Growth Rate
(Future 3Y To 5Y Estimate)
25.00%
Dividends per Share ($)

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