Zepp Health Corp (NYSE: ZEPP)

Sector: Technology Industry: Consumer Electronics CIK: 0001720446
P/B 2.09
P/E -7.16
P/S 2.03
Market Cap 472.08 Mn
ROIC (Qtr) -8.64
Div Yield % 0.00
Rev 1y % (Qtr) 78.49
Total Debt (Qtr) 210.30 Mn
Debt/Equity (Qtr) 0.93

About

Stock Price Chart

Analysis

Pros

  • Strong tangible asset base of 563.12M provides 2.68x coverage of total debt 210.30M, indicating robust asset backing and low credit risk.
  • Long-term investments of 219.84M provide solid 3.10x coverage of long-term debt 70.82M, indicating strategic financial planning.
  • Robust tangible asset base of 563.12M provides 21.80x coverage of working capital 25.84M, indicating strong operational backing.
  • Tangible assets of 563.12M provide robust 14.20x coverage of other current liabilities 39.64M, indicating strong asset backing.
  • Long-term investments of 219.84M provide solid 8.51x backing of working capital 25.84M, showing strategic capital allocation.

Cons

  • Investment activities of 0 provide weak support for R&D spending of 45.36M, which is 0x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • Long-term investments of 219.84M represent a high 27.59x of fixed assets 7.97M, indicating potential overexposure to financial assets versus operational capabilities.
  • Retained earnings of (479000) provide limited buffer against comprehensive income items of (38.47M), which is 0.01x, indicating elevated exposure to market risks.
  • Operating cash flow of 0 provides minimal 0x coverage of tax expenses of 14.04M, suggesting potential tax planning inefficiencies or unsustainable tax positions.
  • Operating cash flow of 0 shows concerning coverage of minority interest expenses of (24660), which is -0x, suggesting complex corporate structure risks.

Peer Comparison

Companies in the Consumer Electronics
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 AAPL Apple Inc. 4,169.05 Bn 37.22 10.02 98.66 Bn
2 SONY Sony Group Corp 162.78 Bn 20.79 1.91 13.01 Bn
3 SONO Sonos Inc 2.28 Bn -37.29 1.58 0.05 Bn
4 LPL LG Display Co., Ltd. 2.27 Bn -17.49 0.12 9.69 Bn
5 ZEPP Zepp Health Corp 0.47 Bn -7.16 2.03 0.21 Bn
6 TBCH Turtle Beach Corp 0.29 Bn 15.92 0.84 0.09 Bn
7 GPRO GoPro, Inc. 0.28 Bn -2.32 0.43 0.20 Bn
8 VUZI Vuzix Corp 0.24 Bn -6.54 46.00 0.00 Bn

Industry Comparisons

Current Valuation

Metric Value Industry Percentile
EV to Assets 0.97 1.62
EV to Cash from Ops. -23.39 6.45
EV to Debt 2.71 200.47
EV to EBIT -12.29 -28.79
EV to EBITDA -14.00 6.30
EV to Free Cash Flow [EV/FCF] -22.73 44.66
EV to Market Cap 1.21 1.96
EV to Revenue 2.45 3.73
Price to Book Value [P/B] 2.09 4.94
Price to Earnings [P/E] -7.16 -24.97

Dividend Metrics

Metric Value Industry Percentile
Dividend Coverage Ratio 0.00 -85.09
Dividend Payout Ratio % 0.00 1.06
Dividend per Basic Share 0.00 0.06
FCF Dividend Payout Ratio % 0.00 0.86
Interest Coverage -8.41 -24.02

Growth Metrics

Metric Value Industry Percentile
Capex Growth (1y) % 0.00 -25,923.54
Cash and Equivalents Growth (1y) % -19.72 21.58
Dividend Growth (1y) % 0.00 -3.99
EBIAT Growth (1y) % -68.63 -636.78
EBITDA Growth (1y) % 0.00 -136.04
EBIT Growth (1y) % -42.25 392.34
EBT Growth (1y) % -35.76 -2.62
EPS Growth (1y) % -61.49 -36.64
FCF Growth (1y) % 0.00 -2,257.13
Gross Profit Growth (1y) % 11.37 63.03

Liquidity Ratios

Metric Value Industry Percentile
Asset Utilization Ratio 0.40 0.77
Cash Payout Ratio 0.00 0.01
Cash Ratio 0.36 0.79
Current Ratio 1.09 3.15
Debt to Equity Ratio 0.93 3.74
Interest Cover Ratio -8.41 -24.02
Times Interest Earned -8.41 -24.02

Profitability

Metric Value Industry Percentile
EBITDA Margin % 0.00 -156.03
EBIT Margin % -19.92 395.52
EBT Margin % -22.28 -168.00
Gross Margin % 37.20 19.60
Net Profit Margin % -28.30 -169.24