(UAA) Under Armour - Overview
Sector: Consumer Cyclical | Industry: Apparel Manufacturing | Exchange: NYSE (USA) | Market Cap: 2.296m USD | Total Return: -21% in 12m
Avg Turnover: 45.4M
EPS Trend: -82.6%
Qual. Beats: 0
Rev. Trend: -98.7%
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. The company utilizes a multi-channel distribution strategy, leveraging wholesale partnerships with sporting goods chains and department stores alongside a direct-to-consumer model featuring e-commerce and branded retail locations.
The business operates within the highly competitive athletic apparel sector, where brand equity and technical innovation are primary drivers of market share. Under Armour manages a diverse portfolio of proprietary technologies, such as HeatGear and ColdGear, designed to regulate body temperature during athletic activity.
Investors can further evaluate these operational segments and financial health indicators on ValueRay.
Headquartered in Baltimore, Maryland, the firm maintains a broad geographic footprint across North America, EMEA, Asia-Pacific, and Latin America. Its product range extends beyond core performance wear to include digital subscriptions and brand licensing, targeting a demographic that spans professional athletes to youth participants.
- North American wholesale demand normalization dictates near-term revenue recovery and stock valuation
- Direct-to-consumer channel expansion improves gross margins through reduced promotional activity
- Footwear market share gains against established competitors drive long-term growth potential
- International revenue growth in EMEA and Asia-Pacific offsets domestic market saturation
- Inventory management efficiency and supply chain optimization influence operating income stability
| 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 (1.77b) to EBITDA (376.2m): 4.72 < 3 |
| Current Ratio: 1.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (426.0m) vs 12m ago -0.77% < -2% |
| Gross Margin: 45.86% > 18% (prev 0.48%; Δ 4.54k% > 0.5%) |
| Asset Turnover: 114.4% > 50% (prev 120.1%; Δ -5.74% > 0%) |
| Interest Coverage Ratio: 8.81 > 6 (EBITDA TTM 376.2m / 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: 0.07 (Book Value of Equity 217.4m / Total Liabilities 3.00b) |
| Altman-Z'' = 2.20 = BBB |
| DSRI: 1.05 (Receivables 681.9m/675.8m, Revenue 4.98b/5.17b) |
| GMI: 1.04 (GM 45.86% / 47.88%) |
| 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 = -3.26 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 5.32 with a total of 6,527,263 shares traded.
Over the past week, the price has changed by +7.42%,
over one month by -11.29%,
over three months by -29.03% and
over the past year by -20.98%.
Under Armour has received a consensus analysts rating of 3.23. Therefore, it is recommended to hold UAA.
- StrongBuy: 5
- Buy: 1
- Hold: 17
- Sell: 1
- StrongSell: 2
| Analysts Target Price | 6.3 | 18% |
P/S = 0.4618
P/B = 1.6036
P/EG = 2.225
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 = 1.77b USD (calculated: Debt 2.69b - CCE 914.6m)
Enterprise Value = 4.07b USD (2.30b + Debt 2.69b - CCE 914.6m)
Interest Coverage Ratio = 8.81 (Ebit TTM 266.5m / Interest Expense TTM 30.3m)
EV/FCF = -26.30x (Enterprise Value 4.07b / FCF TTM -154.8m)
FCF Yield = -3.80% (FCF TTM -154.8m / Enterprise Value 4.07b)
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 = 0.92 (Enterprise Value 4.07b / Total Assets 4.42b)
Interest Expense / Debt = 1.13% (Interest Expense 30.3m / Debt 2.69b)
Taxrate = 21.0% (US 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 = 4.72 (Net Debt 1.77b / EBITDA 376.2m)
Debt / FCF = -11.46 (negative FCF - burning cash) (Net Debt 1.77b / 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 = 5.69% (E(2.30b)/V(4.98b) * Re(11.32%) + D(2.69b)/V(4.98b) * Rd(1.13%) * (1-Tc(0.21)))
Discount Rate = 11.32% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.22 | Cagr: -2.26%
[DCF] Fair Price = unknown (Cash Flow -154.8m)
EPS Correlation: -82.59 | EPS CAGR: -55.23% | SUE: -0.22 | # QB: 0
Revenue Correlation: -98.75 | Revenue CAGR: -6.60% | SUE: 0.23 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.02 | Chg30d=N/A | Revisions=+7% | Analysts=18
EPS next Quarter (2026-09-30): EPS=0.06 | Chg30d=-50.42% | Revisions=-67% | Analysts=19
EPS current Year (2027-03-31): EPS=0.11 | Chg30d=-52.69% | Revisions=-83% | GrowthEPS=-10.0% | GrowthRev=-0.6%
EPS next Year (2028-03-31): EPS=0.24 | Chg30d=-34.41% | Revisions=-69% | GrowthEPS=+124.3% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: -83%