(SFIX) Stitch Fix - Overview
Sector: Consumer Cyclical | Industry: Apparel Retail | Exchange: NASDAQ (USA) | Market Cap: 418m USD | Total Return: -27.7% in 12m
Industry Rotation: -15.3
Avg Turnover: 5.01M
EPS Trend: 89.3%
Qual. Beats: 0
Rev. Trend: -84.6%
Qual. Beats: 1
Warnings
Interest Coverage Ratio -6.4 is critical
Altman Z'' -3.17 < 1.0 - financial distress zone
Choppy
Tailwinds
No distinct edge detected
Stitch Fix, Inc. (SFIX) is a San Francisco-based apparel retailer that integrates data science with human styling to provide personalized clothing and accessories. Operating primarily through a subscription-based model known as Fixes, the company serves men, women, and children across various size categories, including petite, maternity, and plus-size segments.
The company competes in the broader Apparel Retail sector, where it utilizes a mix of third-party brands and private-label products to manage inventory margins. Unlike traditional brick-and-mortar retailers, Stitch Fix relies on proprietary algorithms to predict consumer preferences and optimize its supply chain. Investors can further evaluate these operational metrics and historical performance trends at ValueRay.
- Active client count decline pressures recurring revenue and long-term growth prospects
- Inventory management efficiency determines gross margin volatility and free cash flow
- Data science integration improves conversion rates through personalized styling algorithm accuracy
- Marketing spend optimization impacts customer acquisition costs and adjusted EBITDA margins
- Discretionary consumer spending shifts influence average order value in apparel categories
| Net Income: -25.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 2.75 > 1.0 |
| NWC/Revenue: 12.53% < 20% (prev 12.70%; Δ -0.18% < -1%) |
| CFO/TA 0.09 > 3% & CFO 45.9m > Net Income -25.0m |
| Net Debt (-147.1m) to EBITDA (4.11m): -35.77 < 3 |
| Current Ratio: 1.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (134.4m) vs 12m ago 4.97% < -2% |
| Gross Margin: 43.76% > 18% (prev 0.45%; Δ 4.33k% > 0.5%) |
| Asset Turnover: 269.2% > 50% (prev 269.4%; Δ -0.19% > 0%) |
| Interest Coverage Ratio: -6.40 > 6 (EBITDA TTM 4.11m / Interest Expense TTM 3.29m) |
| A: 0.33 (Total Current Assets 404.1m - Total Current Liabilities 238.8m) / Total Assets 507.8m |
| B: -0.99 (Retained Earnings -505.0m / Total Assets 507.8m) |
| C: -0.04 (EBIT TTM -21.1m / Avg Total Assets 490.2m) |
| D: -1.69 (Book Value of Equity -505.3m / Total Liabilities 298.5m) |
| Altman-Z'' Score: -3.17 = D |
| DSRI: 1.77 (Receivables 1.10m/600k, Revenue 1.32b/1.27b) |
| GMI: 1.03 (GM 43.76% / 45.01%) |
| AQI: 1.03 (AQ_t 0.03 / AQ_t-1 0.03) |
| SGI: 1.04 (Revenue 1.32b / 1.27b) |
| TATA: -0.14 (NI -25.0m - CFO 45.9m) / TA 507.8m) |
| Beneish M-Score: -2.47 (Cap -4..+1) = BBB |
Over the past week, the price has changed by -4.67%, over one month by -24.82%, over three months by -10.79% and over the past year by -27.66%.
- StrongBuy: 0
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 4.5 | 47.1% |
P/S = 0.3166
P/B = 2.3282
Revenue TTM = 1.32b USD
EBIT TTM = -21.1m USD
EBITDA TTM = 4.11m USD
Long Term Debt = 80.6m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 21.7m USD (from shortTermDebt, last quarter)
Debt = 80.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -147.1m USD (recalculated: Debt 80.6m - CCE 227.7m)
Enterprise Value = 270.7m USD (417.8m + Debt 80.6m - CCE 227.7m)
Interest Coverage Ratio = -6.40 (Ebit TTM -21.1m / Interest Expense TTM 3.29m)
EV/FCF = 9.77x (Enterprise Value 270.7m / FCF TTM 27.7m)
FCF Yield = 10.23% (FCF TTM 27.7m / Enterprise Value 270.7m)
FCF Margin = 2.10% (FCF TTM 27.7m / Revenue TTM 1.32b)
Net Margin = -1.89% (Net Income TTM -25.0m / Revenue TTM 1.32b)
Gross Margin = 43.76% ((Revenue TTM 1.32b - Cost of Revenue TTM 742.1m) / Revenue TTM)
Gross Margin QoQ = 43.64% (prev 43.65%)
Tobins Q-Ratio = 0.53 (Enterprise Value 270.7m / Total Assets 507.8m)
Interest Expense / Debt = 4.08% (Interest Expense 3.29m / Debt 80.6m)
Taxrate = 21.0% (US default 21%)
NOPAT = -16.7m (EBIT -21.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.69 (Total Current Assets 404.1m / Total Current Liabilities 238.8m)
Debt / Equity = 0.39 (Debt 80.6m / totalStockholderEquity, last quarter 209.3m)
Debt / EBITDA = -35.77 (Net Debt -147.1m / EBITDA 4.11m)
Debt / FCF = -5.31 (Net Debt -147.1m / FCF TTM 27.7m)
Total Stockholder Equity = 204.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.09% (Net Income -25.0m / Total Assets 507.8m)
RoE = -12.23% (Net Income TTM -25.0m / Total Stockholder Equity 204.2m)
RoCE = -7.40% (EBIT -21.1m / Capital Employed (Equity 204.2m + L.T.Debt 80.6m))
RoIC = -8.15% (negative operating profit) (NOPAT -16.7m / Invested Capital 204.2m)
WACC = 13.03% (E(417.8m)/V(498.4m) * Re(14.92%) + D(80.6m)/V(498.4m) * Rd(4.08%) * (1-Tc(0.21)))
Discount Rate = 14.92% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.11 | Cagr: 6.57%
[DCF] Terminal Value 51.65% ; FCFF base≈21.7m ; Y1≈14.3m ; Y5≈6.52m
[DCF] Fair Price = 1.79 (EV 70.3m - Net Debt -147.1m = Equity 217.4m / Shares 121.4m; r=13.03% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 89.26 | EPS CAGR: 158.4% | SUE: 0.66 | # QB: 0
Revenue Correlation: -84.56 | Revenue CAGR: -9.34% | SUE: 1.38 | # QB: 1
EPS current Year (2026-07-31): EPS=-0.17 | Chg30d=+7.58% | Revisions=+0% | GrowthEPS=+12.8% | GrowthRev=+5.9%
EPS next Year (2027-07-31): EPS=-0.04 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+75.0% | GrowthRev=+3.7%
[Analyst] Revisions Ratio: +0%