(UA) Under Armour C - NYSE
Sector: Consumer Cyclical | Industry: Apparel Manufacturing | Exchange: NYSE (USA) | Market Cap: 2.485m USD | Total Return: -4.9% in 12m
Avg Turnover: 16.5M
Rev. Trend: -98.6%
Qual. Beats: 0
Warnings
High Debt while negative Cash Flow
Tailwinds
No distinct edge detected
Under Armour, Inc. develops and distributes performance-based apparel, footwear, and accessories across global markets, including North America, EMEA, and Asia-Pacific. The company utilizes a multi-channel distribution strategy, leveraging wholesale partnerships with sporting goods chains and department stores alongside a direct-to-consumer model involving e-commerce and branded retail locations.
Operating within the highly competitive athletic apparel sector, the business model relies heavily on brand equity and technical innovation, such as specialized fabrications for temperature regulation and compression. The industry is characterized by significant marketing expenditures to maintain consumer loyalty and secure high-profile athletic endorsements.
The product portfolio spans multiple sports categories including running, basketball, and outdoor activities, supported by proprietary brands such as HeatGear and ColdGear. For a deeper dive into these fundamentals, consider exploring the detailed metrics on ValueRay.
- Restructuring plan costs and inventory liquidations impact short-term operating margins
- Direct-to-consumer sales growth offsets declining wholesale demand in North America
- Footwear segment expansion remains critical for diversifying revenue beyond core apparel
- International market penetration in Asia-Pacific drives long-term top-line revenue growth
- Brand premiumization strategy aims to reduce reliance on heavy promotional discounting
| Net Income: -495.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA 1.80 > 1.0 |
| NWC/Revenue: 20.90% < 20% (prev 23.62%; Δ -2.71% < -1%) |
| CFO/TA -0.02 > 3% & CFO -67.7m > Net Income -495.6m |
| Net Debt (2.38b) to EBITDA (376.2m): 6.33 < 3 |
| Current Ratio: 1.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (426.0m) vs 12m ago -2.23% < -2% |
| Gross Margin: 45.86% > 18% (prev 47.88%; Δ -2.02% > 0.5%) |
| Asset Turnover: 114.4% > 50% (prev 120.1%; Δ -5.74% > 0%) |
| Interest Coverage Ratio: 8.81 > 6 (EBIT TTM 266.5m / Interest Expense TTM 30.3m) |
| A: 0.24 (Total Current Assets 2.72b - Total Current Liabilities 1.68b) / Total Assets 4.42b |
| B: 0.05 (Retained Earnings 217.4m / Total Assets 4.42b) |
| C: 0.06 (EBIT TTM 266.5m / Avg Total Assets 4.36b) |
| D: 0.47 (Book Value of Equity 1.41b / Total Liabilities 3.00b) |
| Altman-Z'' = 2.61 = A |
| DSRI: 1.05 (Receivables 681.9m/675.8m, Revenue 4.98b/5.17b) |
| GMI: 1.04 (GM 47.88% / 45.86%) |
| AQI: 0.69 (AQ_t 0.15 / AQ_t-1 0.22) |
| SGI: 0.96 (Revenue 4.98b / 5.17b) |
| TATA: -0.10 (NI -495.6m - CFO -67.7m) / TA 4.42b) |
| Beneish M = -3.17 (Cap -4..+1) = AA |
As of June 15, 2026, the stock is trading at USD 5.88 with a total of 2,862,727 shares traded.
Over the past week, the price has changed by +9.09%,
over one month by +17.84%,
over three months by -6.22% and
over the past year by -4.85%.
Under Armour C has no consensus analysts rating.
| Analysts Target Price | 14 | 138.1% |
P/E Forward = 50.2513
P/S = 0.5005
P/B = 1.6669
P/EG = 2.1016
Revenue TTM = 4.98b USD
EBIT TTM = 266.5m USD
EBITDA TTM = 376.2m USD
Long Term Debt = 590.6m USD (from longTermDebt, last quarter)
Short Term Debt = 752.9m USD (from shortTermDebt, last quarter)
Debt = 2.69b USD (from shortLongTermDebtTotal, last quarter) + Leases 749.2m
Net Debt = 2.38b USD (calculated: Debt 2.69b - CCE 309.2m)
Enterprise Value = 4.87b USD (2.49b + Debt 2.69b - CCE 309.2m)
Interest Coverage Ratio = 8.81 (Ebit TTM 266.5m / Interest Expense TTM 30.3m)
EV/FCF = -31.43x (Enterprise Value 4.87b / FCF TTM -154.8m)
FCF Yield = -3.18% (FCF TTM -154.8m / Enterprise Value 4.87b)
FCF Margin = -3.11% (FCF TTM -154.8m / Revenue TTM 4.98b)
Net Margin = -9.94% (Net Income TTM -495.6m / Revenue TTM 4.98b)
Gross Margin = 45.86% ((Revenue TTM 4.98b - Cost of Revenue TTM 2.70b) / Revenue TTM)
Gross Margin QoQ = 42.01% (prev 44.71%)
Tobins Q-Ratio = 1.10 (Enterprise Value 4.87b / Total Assets 4.42b)
Interest Expense / Debt = 1.13% (Interest Expense 30.3m / Debt 2.69b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 210.6m (EBIT 266.5m * (1 - 21.00%))
Current Ratio = 1.62 (Total Current Assets 2.72b / Total Current Liabilities 1.68b)
Debt / Equity = 1.90 (Debt 2.69b / totalStockholderEquity, last quarter 1.41b)
Debt / EBITDA = 6.33 (Net Debt 2.38b / EBITDA 376.2m)
Debt / FCF = -15.38 (negative FCF - burning cash) (Net Debt 2.38b / FCF TTM -154.8m)
Total Stockholder Equity = 1.64b (last 4 quarters mean from totalStockholderEquity)
RoA = -11.37% (Net Income -495.6m / Total Assets 4.42b)
RoE = -30.13% (Net Income TTM -495.6m / Total Stockholder Equity 1.64b)
RoCE = 11.92% (EBIT 266.5m / Capital Employed (Equity 1.64b + L.T.Debt 590.6m))
RoIC = 6.49% (NOPAT 210.6m / Invested Capital 3.24b)
WACC = 5.75% (E(2.49b)/V(5.17b) * Re(11.0%) + D(2.69b)/V(5.17b) * Rd(1.13%) * (1-Tc(0.21)))
Discount Rate = 11.0% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -70.47 | Cagr: -2.26%
[DCF] Fair Price = unknown (Cash Flow -154.8m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: -98.64 | Revenue CAGR: -6.48% | SUE: 0.20 | # QB: 0