Lakeland Industries, Inc. (LAKE) vs Vince Holding Corp. (VNCE)

Lakeland Industries, Inc. and Vince Holding Corp. are both Apparel Manufacturing companies. Vince Holding Corp. is the larger, with a market value of $144.2M against $104.2M — 1.4× the size. Lakeland Industries, Inc. has negative trailing earnings, so its P/E is not meaningful; Vince Holding Corp. trades at 19.5×. Vince Holding Corp. grew revenue faster over the last twelve months: 8.02% against −0.35%. Vince Holding Corp. has the higher net margin (2.42% vs −14.0%) and the higher return on invested capital (9.67% vs −3.63%). Across the 20 metrics below, Vince Holding Corp. leads on 15 and Lakeland Industries, Inc. on 5.

Valuation

Metric LAKE VNCE Apparel Manufacturing median
P/E n/m 19.49 17.21
P/S 0.55 0.47 0.44
P/B 0.83 2.52 1.58
Price to free cash flow 10.39 1.55 9.18
EV/EBITDA 35.60 10.76 8.64
EV/Sales 0.60 0.56 0.54
Earnings yield (25.81%) 5.13% 0.00%
Free cash flow yield 9.63% 64.51% 9.25%

Profitability

Metric LAKE VNCE Apparel Manufacturing median
Gross margin 32.62% 52.52% 48.31%
Operating margin (4.13%) 4.27% 2.46%
Net margin (13.99%) 2.42% (0.46%)
Free cash flow margin 5.26% 5.76% 5.26%
Return on equity (19.62%) 14.09% 4.29%
Return on assets (12.35%) 3.26% 0.00%
Return on invested capital (3.63%) 9.67% 0.00%

Growth

Metric LAKE VNCE Apparel Manufacturing median
Revenue growth (TTM) (0.35%) 8.02% 0.02%
EPS growth (last fiscal year) (8.23%) 132.45% —
Revenue growth, 5-year CAGR 10.23% 6.41% 6.76%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LAKE VNCE Apparel Manufacturing median
Debt to equity 0.23 0.49 0.23
Current ratio 2.98 1.49 1.81
Net debt to EBITDA (2.52) 1.52 (0.43)

Dividend

Metric LAKE VNCE Apparel Manufacturing median
Dividend yield 0.67% — 2.76%
Payout ratio 0.08 0.00 0.07

Size

Metric LAKE VNCE Apparel Manufacturing median
Market cap 104.18m 144.20m 402.31m

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