Under Armour, Inc. (UAA) vs Ermenegildo Zegna N.V. (ZGN)

Under Armour, Inc. and Ermenegildo Zegna N.V. are both Apparel Manufacturing companies. Ermenegildo Zegna N.V. is the larger, with a market value of $7.1B against $1.9B — 3.7× the size. Ermenegildo Zegna N.V. has the higher net margin (−1.64% vs −9.99%) and the higher return on invested capital (0.00% vs −4.61%). Across the 17 metrics below, Ermenegildo Zegna N.V. leads on 11 and Under Armour, Inc. on 6.

Valuation

Metric UAA ZGN Apparel Manufacturing median
P/E n/m n/m 17.21
P/S 0.38 0.93 0.44
P/B 1.32 2.41 1.58
Price to free cash flow n/m 9.94 9.18
EV/EBITDA n/m n/m 8.64
EV/Sales 0.54 0.93 0.54
Earnings yield (26.05%) (1.16%) 0.00%
Free cash flow yield (4.30%) 10.06% 9.25%

Profitability

Metric UAA ZGN Apparel Manufacturing median
Gross margin 46.78% 0.00% 48.31%
Operating margin (2.43%) 0.00% 2.46%
Net margin (9.99%) (1.64%) (0.46%)
Free cash flow margin (1.65%) 0.00% 5.26%
Return on equity (29.82%) 0.00% 4.29%
Return on assets (10.99%) 0.00% 0.00%
Return on invested capital (4.61%) 0.00% 0.00%

Growth

Metric UAA ZGN Apparel Manufacturing median
Revenue growth (TTM) (3.61%) — 0.02%
EPS growth (last fiscal year) (146.81%) 34.37% —
Revenue growth, 5-year CAGR (2.66%) 7.10% 6.76%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric UAA ZGN Apparel Manufacturing median
Debt to equity 0.41 0.20 0.23
Current ratio 1.81 1.47 1.81
Net debt to EBITDA (5.45) 0.07 (0.43)

Dividend

Metric UAA ZGN Apparel Manufacturing median
Dividend yield — 1.05% 2.76%
Payout ratio 0.00 0.29 0.07

Size

Metric UAA ZGN Apparel Manufacturing median
Market cap 1.91b 7.12b 402.31m

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