(FOXF) Fox Factory Holding - Overview
Stock: Suspension, Shocks, Forks, Wheels, Bats
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 54.4% |
| Relative Tail Risk | -12.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.41 |
| Alpha | -51.00 |
| Character TTM | |
|---|---|
| Beta | 1.555 |
| Beta Downside | 1.552 |
| Drawdowns 3y | |
|---|---|
| Max DD | 89.35% |
| CAGR/Max DD | -0.52 |
Description: FOXF Fox Factory Holding January 19, 2026
Fox Factory Holding Corp. (NASDAQ: FOXF) designs, engineers, manufactures and markets high-performance suspension and related components for a broad range of vehicles-including off-road trucks, side-by-sides, ATVs, motorcycles and specialty applications-as well as performance cycling parts (Race Face, Easton) and baseball/softball equipment (Marucci). The firm sells under a multi-brand portfolio that spans aftermarket truck lift kits, suspension-tuning services, wheels, tires and accessories, plus up-fitting solutions for premium OEM partners such as Harley-Davidson and Shelby American.
In FY 2023 the company reported revenue of approximately **$1.2 billion**, a **12 % operating margin**, and a **gross margin near 55 %**, reflecting the premium pricing power of its branded suspension systems. Inventory turnover improved to 5.3×, indicating better supply-chain alignment after the 2022 chip shortage, while cash flow from operations exceeded $150 million, supporting ongoing R&D and brand-extension initiatives.
The off-road and specialty-vehicle market is projected to grow **~5 % CAGR** through 2028, driven by rising consumer discretionary spending on outdoor recreation and the electrification of UTVs and e-bikes-segments where Fox’s high-margin aftermarket parts have strong adoption rates. However, the business remains sensitive to macro-level cycles in discretionary spending, raw-material price volatility (aluminum, steel) and potential tariff exposure on imported components.
For a deeper, data-driven view of FOXF’s valuation assumptions, you may find the analyst tools on **ValueRay** worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: -257.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 1.90 > 1.0 |
| NWC/Revenue: 34.56% < 20% (prev 40.66%; Δ -6.10% < -1%) |
| CFO/TA 0.06 > 3% & CFO 124.4m > Net Income -257.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.98 > 1.5 & < 3 |
| Outstanding Shares: last quarter (41.8m) vs 12m ago 0.22% < -2% |
| Gross Margin: 30.37% > 18% (prev 0.30%; Δ 3007 % > 0.5%) |
| Asset Turnover: 68.45% > 50% (prev 60.03%; Δ 8.42% > 0%) |
| Interest Coverage Ratio: -3.76 > 6 (EBITDA TTM -114.7m / Interest Expense TTM 54.8m) |
Altman Z'' 2.69
| A: 0.26 (Total Current Assets 758.8m - Total Current Liabilities 254.5m) / Total Assets 1.97b |
| B: 0.31 (Retained Earnings 617.8m / Total Assets 1.97b) |
| C: -0.10 (EBIT TTM -205.8m / Avg Total Assets 2.13b) |
| D: 0.61 (Book Value of Equity 620.8m / Total Liabilities 1.02b) |
| Altman-Z'' Score: 2.69 = A |
Beneish M -3.28
| DSRI: 0.97 (Receivables 198.4m/192.5m, Revenue 1.46b/1.37b) |
| GMI: 0.99 (GM 30.37% / 30.13%) |
| AQI: 0.89 (AQ_t 0.44 / AQ_t-1 0.49) |
| SGI: 1.06 (Revenue 1.46b / 1.37b) |
| TATA: -0.19 (NI -257.7m - CFO 124.4m) / TA 1.97b) |
| Beneish M-Score: -3.28 (Cap -4..+1) = AA |
What is the price of FOXF shares?
Over the past week, the price has changed by -0.70%, over one month by +4.68%, over three months by -19.79% and over the past year by -31.06%.
Is FOXF a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FOXF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 22.6 | 22.9% |
| Analysts Target Price | 22.6 | 22.9% |
| ValueRay Target Price | 11.5 | -37.6% |
FOXF Fundamental Data Overview February 03, 2026
P/S = 0.5271
P/B = 0.8085
P/EG = 1.72
Revenue TTM = 1.46b USD
EBIT TTM = -205.8m USD
EBITDA TTM = -114.7m USD
Long Term Debt = 663.4m USD (from longTermDebt, last quarter)
Short Term Debt = 24.3m USD (from shortTermDebt, last quarter)
Debt = 687.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 622.3m USD (from netDebt column, last quarter)
Enterprise Value = 1.39b USD (769.1m + Debt 687.7m - CCE 65.4m)
Interest Coverage Ratio = -3.76 (Ebit TTM -205.8m / Interest Expense TTM 54.8m)
EV/FCF = 16.32x (Enterprise Value 1.39b / FCF TTM 85.3m)
FCF Yield = 6.13% (FCF TTM 85.3m / Enterprise Value 1.39b)
FCF Margin = 5.84% (FCF TTM 85.3m / Revenue TTM 1.46b)
Net Margin = -17.66% (Net Income TTM -257.7m / Revenue TTM 1.46b)
Gross Margin = 30.37% ((Revenue TTM 1.46b - Cost of Revenue TTM 1.02b) / Revenue TTM)
Gross Margin QoQ = 30.41% (prev 31.21%)
Tobins Q-Ratio = 0.70 (Enterprise Value 1.39b / Total Assets 1.97b)
Interest Expense / Debt = 2.02% (Interest Expense 13.9m / Debt 687.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -162.6m (EBIT -205.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.98 (Total Current Assets 758.8m / Total Current Liabilities 254.5m)
Debt / Equity = 0.72 (Debt 687.7m / totalStockholderEquity, last quarter 956.0m)
Debt / EBITDA = -5.42 (negative EBITDA) (Net Debt 622.3m / EBITDA -114.7m)
Debt / FCF = 7.30 (Net Debt 622.3m / FCF TTM 85.3m)
Total Stockholder Equity = 1.01b (last 4 quarters mean from totalStockholderEquity)
RoA = -12.09% (Net Income -257.7m / Total Assets 1.97b)
RoE = -25.42% (Net Income TTM -257.7m / Total Stockholder Equity 1.01b)
RoCE = -12.27% (EBIT -205.8m / Capital Employed (Equity 1.01b + L.T.Debt 663.4m))
RoIC = -9.48% (negative operating profit) (NOPAT -162.6m / Invested Capital 1.71b)
WACC = 6.90% (E(769.1m)/V(1.46b) * Re(11.64%) + D(687.7m)/V(1.46b) * Rd(2.02%) * (1-Tc(0.21)))
Discount Rate = 11.64% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.51%
[DCF Debug] Terminal Value 75.53% ; FCFF base≈73.3m ; Y1≈48.1m ; Y5≈21.9m
Fair Price DCF = N/A (negative equity: EV 535.4m - Net Debt 622.3m = -86.9m; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -88.15 | EPS CAGR: -61.21% | SUE: -0.78 | # QB: 0
Revenue Correlation: -32.61 | Revenue CAGR: 2.56% | SUE: -0.20 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.21 | Chg30d=-0.030 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.53 | Chg30d=-0.041 | Revisions Net=-1 | Growth EPS=+50.9% | Growth Revenue=+3.6%