Crocs, Inc.
Crocs Inc (CROX) today is a solid value stock, trading under 9x trailing earnings, generating impressive 25% ROEs, and growing revenue in the high single digits. With a net cash balance sheet of $3 per share, the stock trades at an 11% FCF yield on TTM figures, and well over 12% on 2013 FCF (that is including growth capex too).
Net of cash, CROX's 7.6x forward P/E ratio is half the level of its peers, who trade today on average at 15x 2013 expected earnings. That is despite better margins and higher ROEs at CROX.
Overview:
Background:
From the website:
"Celebrating its 10th anniversary in 2012, Crocs, Inc. is a world leader in ...