JOUT Stock Analysis: Johnson Outdoors | NASDAQ
Leisure | NASDAQ, USA | Market Cap: 469m USD | 12M Return: 53.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.04M
Qual. Beats: 0
Rev. Trend: -44.0%
Qual. Beats: 3
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Johnson Outdoors Inc. (NASDAQ: JOUT) is a U.S.-based designer, manufacturer, and marketer of seasonal outdoor recreation products sold worldwide, organized into three reporting segments: Fishing, Camping & Watercraft Recreation, and Diving. Its portfolio spans electric trolling motors, sonar/GPS units, shallow-water anchors, and downriggers under Minn Kota, Humminbird, and Cannon; portable stoves and cookware under Jetboil plus kayaks, canoes, paddles, and accessories under Old Town and Carlisle; and regulators, BCDs, dive computers, wetsuits, masks, fins, and snorkels under SCUBAPRO, with the Diving segment additionally offering repair, maintenance, dive education, and travel services.
The company reaches customers through a mix of outdoor and specialty retailers, chain stores, internet dealers, distributors, and original equipment manufacturers, with direct-to-consumer sales via brand websites. Johnson Outdoors was founded in 1970 and is headquartered in Racine, Wisconsin; it is classified within the GICS Consumer Discretionary sector under the Leisure Products sub-industry. Because demand is tied to fishing, camping, paddling, and diving activities, revenue is inherently seasonal and weather-dependent, and the three-segment structure provides modest diversification across distinct outdoor recreation verticals rather than reliance on a single product category.
- Minn Kota and Humminbird fishing electronics drive segment margins
- SCUBAPRO diving sales decline pressures consolidated revenue growth
- Consumer discretionary pullback weighs on premium outdoor equipment demand
| Net Income: -15.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.56 > 1.0 |
| NWC/Revenue: 46.78% < 20% (prev 54.52%; Δ -7.74% < -1%) |
| CFO/TA 0.07 > 3% & CFO 44.1m > Net Income -15.2m |
| Net Debt (-61.9m) to EBITDA (35.3m): -1.75 < 3 |
| Current Ratio: 3.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (10.4m) vs 12m ago 1.08% < -2% |
| Gross Margin: 37.45% > 18% (prev 32.06%; Δ 5.39% > 0.5%) |
| Asset Turnover: 104.9% > 50% (prev 88.77%; Δ 16.13% > 0%) |
| Interest Coverage Ratio: 68.49 > 6 (EBIT TTM 14.7m / Interest Expense TTM 214k) |
| A: 0.49 (Total Current Assets 427.7m - Total Current Liabilities 122.8m) / Total Assets 618.3m |
| B: 0.52 (Retained Earnings 321.0m / Total Assets 618.3m) |
| C: 0.02 (EBIT TTM 14.7m / Avg Total Assets 621.4m) |
| D: 2.10 (Book Value of Equity 418.9m / Total Liabilities 199.4m) |
| Altman-Z'' = 7.29 = AAA |
| DSRI: 0.92 (Receivables 126.9m/116.8m, Revenue 651.8m/554.3m) |
| GMI: 0.86 (GM 32.06% / 37.45%) |
| AQI: 0.69 (AQ_t 0.08 / AQ_t-1 0.12) |
| SGI: 1.18 (Revenue 651.8m / 554.3m) |
| TATA: -0.10 (NI -15.2m - CFO 44.1m) / TA 618.3m) |
| Beneish M = -3.28 (Cap -4..+1) = AA |
As of July 16, 2026, the stock is trading at USD 45.96 with a total of 42,168 shares traded. Over the past week, the price has changed by +6.59%, over one month by -1.08%, over three months by -10.81% and over the past year by +53.49%.
Current recommended Stop Loss: 41.60 (which is 9.5% or 2.6 ATR below the current price).
Johnson Outdoors has no consensus analysts rating.
| Analysts Target Price | 55 | 19.7% |
P/E Forward = 18.8679
P/S = 0.7196
P/B = 1.1093
P/EG = 1.3483
Revenue TTM = 651.8m USD
EBIT TTM = 14.7m USD
EBITDA TTM = 35.3m USD
Long Term Debt = 37.5m USD (estimated: total debt 46.0m - short term 8.48m)
Short Term Debt = 8.48m USD (from shortTermDebt, last quarter)
Debt = 46.0m USD (from shortLongTermDebtTotal, last quarter) (leases 46.0m already included)
Net Debt = -61.9m USD (calculated: Debt 46.0m - CCE 107.9m)
Enterprise Value = 407.2m USD (469.1m + Debt 46.0m - CCE 107.9m)
Interest Coverage Ratio = 68.49 (Ebit TTM 14.7m / Interest Expense TTM 214k)
EV/FCF = 16.30x (Enterprise Value 407.2m / FCF TTM 25.0m)
FCF Yield = 6.13% (FCF TTM 25.0m / Enterprise Value 407.2m)
FCF Margin = 3.83% (FCF TTM 25.0m / Revenue TTM 651.8m)
Net Margin = -2.33% (Net Income TTM -15.2m / Revenue TTM 651.8m)
Gross Margin = 37.45% ((Revenue TTM 651.8m - Cost of Revenue TTM 407.7m) / Revenue TTM)
Gross Margin QoQ = 38.82% (prev 36.62%)
Tobins Q-Ratio = 0.66 (Enterprise Value 407.2m / Total Assets 618.3m)
Interest Expense / Debt = 0.47% (Interest Expense 214k / Debt 46.0m)
Taxrate = 7.82% (798k / 10.2m)
NOPAT = 13.5m (EBIT 14.7m * (1 - 7.82%))
Current Ratio = 3.48 (Total Current Assets 427.7m / Total Current Liabilities 122.8m)
Debt / Equity = 0.11 (Debt 46.0m / totalStockholderEquity, last quarter 418.9m)
Debt / EBITDA = -1.75 (Net Debt -61.9m / EBITDA 35.3m)
Debt / FCF = -2.48 (Net Debt -61.9m / FCF TTM 25.0m)
Total Stockholder Equity = 425.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.45% (Net Income -15.2m / Total Assets 618.3m)
RoE = -3.57% (Net Income TTM -15.2m / Total Stockholder Equity 425.3m)
RoCE = 3.17% (EBIT 14.7m / Capital Employed (Equity 425.3m + L.T.Debt 37.5m))
RoIC = 2.87% (NOPAT 13.5m / Invested Capital 471.4m)
WACC = 8.70% (E(469.1m)/V(515.0m) * Re(9.51%) + D(46.0m)/V(515.0m) * Rd(0.47%) * (1-Tc(0.08)))
Discount Rate = 9.51% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 61.87 | Cagr: 0.71%
[DCF] Terminal Value 71.80% ; FCFF base≈29.0m ; Y1≈25.4m ; Y5≈20.5m
[DCF] Fair Price = 40.30 (EV 311.6m - Net Debt -61.9m = Equity 373.5m / Shares 9.27m; r=8.70% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.02 | # QB: 0
Revenue Correlation: -44.03 | Revenue CAGR: -4.32% | SUE: 0.90 | # QB: 3
EPS current Quarter (2026-06-30): EPS=0.68 | Chg30d=-33.98% | Revisions=-25% | Analysts=1
EPS current Year (2026-09-30): EPS=0.75 | Chg30d=-34.78% | Revisions=-25% | GrowthEPS=+122.4% | GrowthRev=+10.1%
EPS next Year (2027-09-30): EPS=2.35 | Chg30d=-2.89% | Revisions=-25% | GrowthEPS=+213.3% | GrowthRev=+4.7%