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Gildan Activewear Inc.

Consumer Cyclical CA GIL

67.76CAD
-0.08(0.12%)

Last update at 2024-12-19T17:40:00Z

Day Range

67.7268.42
LowHigh

52 Week Range

40.8270.15
LowHigh

Fundamentals

  • Previous Close 67.84
  • Market Cap10474.44M
  • Volume83798
  • P/E Ratio19.44
  • Dividend Yield1.68%
  • EBITDA786.94M
  • Revenue TTM3231.78M
  • Revenue Per Share TTM19.32
  • Gross Profit TTM 958.51M
  • Diluted EPS TTM3.49

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 566.43M 624.56M -229.37300M 249.82M 372.13M
Minority interest - - - - -
Net income 541.54M 607.18M -225.28200M 259.81M 350.77M
Selling general administrative 144.93M 147.26M 101.49M 121.27M 135.74M
Selling and marketing expenses 179.18M 166.91M 170.81M 219.21M 232.81M
Gross profit 992.41M 940.21M 249.06M 704.46M 805.95M
Reconciled depreciation 124.93M 135.40M 147.19M 156.79M 158.08M
Ebit 603.38M 651.89M -23.24700M 288.99M 403.18M
Ebitda 793.23M 761.44M 123.94M 512.76M 595.48M
Depreciation and amortization 189.84M 109.55M 147.19M 223.76M 192.30M
Non operating income net other - - - - -
Operating income 603.38M 651.89M -23.24700M 288.99M 403.18M
Other operating expenses 2572.18M 2296.53M 2004.52M 2459.93M 2471.16M
Interest expense 36.96M 27.33M 48.53M 32.09M 31.05M
Tax provision 24.89M 17.38M -4.09100M -9.98400M 21.36M
Interest income 26.39M 18.36M 33.66M 30.87M 23.27M
Net interest income -36.95700M -27.33100M -48.30100M -40.09700M -32.52800M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 24.89M 17.38M -4.09100M -9.98400M 21.36M
Total revenue 3240.48M 2922.57M 1981.28M 2823.90M 2908.57M
Total operating expenses 324.11M 314.17M 272.31M 340.49M 368.55M
Cost of revenue 2248.07M 1982.36M 1732.22M 2119.44M 2102.61M
Total other income expense net -36.95700M -27.33100M -206.12600M -39.16800M -31.04500M
Discontinued operations - - - - -
Net income from continuing ops 541.54M 607.18M -225.28200M 259.81M 350.77M
Net income applicable to common shares 541.54M 607.18M -225.28200M 259.81M 350.77M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3514.87M 3440.21M 3136.68M 3020.95M 3211.07M
Intangible assets 261.42M 229.95M 306.63M 289.90M 383.86M
Earning assets - - - - -
Other current assets 95.95M 101.81M 163.66M 110.11M 77.06M
Total liab 1557.42M 1558.05M 1217.28M 1462.05M 1376.58M
Total stockholder equity 1957.46M 1882.16M 1919.40M 1558.90M 1834.49M
Deferred long term liab - - - - -
Other current liab 1.64M 6.64M 7.91M 6.71M 1.25M
Common stock 271.21M 202.33M 191.73M 183.94M 174.22M
Capital stock 271.21M 202.33M 191.73M 183.94M 174.22M
Retained earnings 1611.23M 1590.50M 1604.74M 1359.06M 1628.04M
Other liab - 56.22M 59.86M 35.87M 42.19M
Good will 271.68M 271.68M 283.81M 206.64M 227.87M
Other assets - 18.39M 21.48M 23.69M 16.65M
Cash 89.64M 150.42M 179.25M 505.26M 64.13M
Cash and equivalents - 150.42M 179.25M 505.26M 64.13M
Total current liabilities 724.09M 641.67M 463.60M 359.61M 422.40M
Current deferred revenue - - - - -
Net debt 993.42M 873.57M 529.86M 577.20M 862.37M
Short term debt 314.16M 163.83M 15.29M 15.88M 14.52M
Short long term debt 300.00M 150.00M - - 2.06M
Short long term debt total 1083.06M 1023.99M 709.10M 1082.46M 926.50M
Other stockholder equity 61.36M 79.49M 58.13M 24.94M 32.77M
Property plant equipment - 1193.13M 1077.52M 956.25M 1068.52M
Total current assets 1687.54M 1726.95M 1447.23M 1544.47M 1514.17M
Long term investments - - - - -
Net tangible assets - 1380.53M 1328.96M 1062.36M 1222.77M
Short term investments 45.14M 48.27M 70.00M 88.78M 45.95M
Net receivables 412.50M 248.78M 329.97M 201.11M 320.93M
Long term debt 685.00M 780.00M 600.00M 1000.00M 845.00M
Inventory 1089.44M 1225.94M 774.36M 727.99M 1052.05M
Accounts payable 408.29M 471.21M 440.40M 343.72M 406.63M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 13.65M 9.85M 64.81M -9.03800M -0.53500M
Additional paid in capital - - - - -
Common stock total equity - - - 183.94M 174.22M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 14.31M 2.51M 3.76M 6.00M 6.73M
Deferred long term asset charges - - - - -
Non current assets total 1827.34M 1713.26M 1689.45M 1476.47M 1696.90M
Capital lease obligations 98.06M 93.99M 109.10M 82.46M 81.50M
Long term debt total - 860.16M 693.81M 1066.58M 911.98M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -182.40400M -187.83300M -57.51000M -135.75100M -110.87400M
Change to liabilities 35.46M 78.50M -62.47600M 49.62M 74.73M
Total cashflows from investing activities -182.40400M -187.83300M -57.51000M -135.75100M -110.87400M
Net borrowings 313.44M -421.47400M 139.58M 162.47M 39.00M
Total cash from financing activities -258.27400M -754.75300M 83.54M -207.80400M -433.22300M
Change to operating activities 29.91M -18.96400M -34.80100M -8.32000M -13.80700M
Net income 541.54M 607.18M -225.28200M 259.81M 350.77M
Change in cash -28.82900M -326.01800M 441.14M 17.47M -6.13800M
Begin period cash flow 179.25M 505.26M 64.13M 46.66M 52.80M
End period cash flow 150.42M 179.25M 505.26M 64.13M 46.66M
Total cash from operating activities 413.49M 617.51M 415.03M 361.03M 538.54M
Issuance of capital stock 14.97M 9.43M 2.85M 10.32M 3.24M
Depreciation 124.93M 135.40M 147.19M 156.79M 158.08M
Other cashflows from investing activities 62.15M 106.36M 0.83M 4.48M 14.35M
Dividends paid 123.77M 90.46M 30.55M 110.35M 94.57M
Change to inventory -448.83800M -33.74400M 320.38M -115.08200M 2.18M
Change to account receivables 77.94M -135.10300M 125.15M -3.51500M -79.70700M
Sale purchase of stock -457.41600M -249.40700M -25.77400M -264.24100M -374.75800M
Other cashflows from financing activities 324.50M -2.83700M 397.43M 170.00M 32.86M
Change to netincome 54.12M -28.33600M 150.61M 18.75M 44.18M
Capital expenditures 244.55M 130.22M 58.34M 140.23M 125.22M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -307.09400M -96.73900M 342.51M -74.32700M -14.48500M
Stock based compensation 32.39M 37.66M 2.09M 16.27M 19.51M
Other non cash items 21.72M -65.03000M 156.25M 26.11M 15.79M
Free cash flow 168.93M 487.29M 356.69M 220.80M 413.32M

Peer Comparison

Sector: Consumer Cyclical Industry: Apparel Manufacturing

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GIL
Gildan Activewear Inc.
-0.08 0.12% 67.76 19.44 14.20 3.24 4.81 2.80 12.38
GOOS
Canada Goose Holdings Inc
-0.05 0.35% 14.18 22.60 8.91 0.96 3.67 1.61 7.98
IFA
iFabric Corp
- -% 1.06 115.00 - 1.49 1.61 1.45 37.76
UNI
Unisync Corp
- -% 1.55 - 22.27 0.35 1.78 0.96 -15.7559

Reports Covered

Stock Research & News

Profile

Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks under the Gildan, Under Armour, GoldToe, Signature Gold by Goldtoe, Peds, MediPeds, All Pro, and GoldTeo Edition TM brands. In addition, it provides men's and boys' underwear products, and ladies panties under the Gildan and Gildan Platinum brands. The company sells its products to wholesale distributors, screen printers, and embellishers, as well as to retailers and lifestyle brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada.

Gildan Activewear Inc.

600 de Maisonneuve Boulevard West, Montreal, QC, Canada, H3A 3J2

Key Executives

Name Title Year Born
Mr. Glenn J. Chamandy Founder, Pres, CEO & Non-Independent Director 1961
Mr. Rhodri J. Harries Exec. VP and Chief Financial & Admin. Officer 1964
Mr. Chuck J. Ward Pres of Sales, Marketing & Distribution NA
Mr. Arun Douglas Bajaj BCL, L.L.B. Exec. VP and Chief HR Officer & Legal Affairs 1971
Mr. Benito A. Masi Pres of Manufacturing 1956
Ms. Sophie Argiriou VP of Investor Communications NA
Ms. Michelle E. Taylor VP, Gen. Counsel & Corp. Sec. NA
Ms. Geneviève Gosselin Director of Corp. Communications & Corp. Marketing NA
Mr. Peter Iliopoulos Sr. VP of Public & Corp. Affairs 1970
Mr. Glenn J. Chamandy President, CEO & Director 1961

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