Crocs (CROX)
Consumer · NASDAQ · US
Fundamentals
Valuation and ratings
Crocs trades at $138.91, which is 62% above the $53.11 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 37 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
About Crocs
Crocs, Inc. together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and kids under the Crocs and HEYDUDE Brands in the United States and internationally. The company offers various footwear products, including clogs, sandals, loafers, classics, fuzz, platforms, boots, sandals, slides, slippers, sneakers, flip flops, and flats, as well as totes, backpacks, belt bags, socks, bag charms, cases, attachments, cartoon characters products, and touchland and other accessories. It sells its products through wholesalers, retail stores, e-commerce sites, third-party marketplaces, outlet stores, and kiosks/store-in-store locations. Crocs, Inc. was founded in 1999 and is headquartered in Broomfield, Colorado.
Smart money ownership
16 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Li Lu, Himalaya Capital Management LLC$73.65M · 2.3% of book
- Samantha McLemore, Patient Capital Management, LLC$69.97M · 2.6% of book
- Steve Cohen, Point72 Asset Management, L.P.$49.52M · 0.1% of book
- Norbert Lou, Punch Card Management L.P.$49.36M · 18.2% of book
- Ken Griffin, CITADEL ADVISORS LLC$44.77M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Crocs (CROX) undervalued?
Against our discounted cash flow estimate of $53.11, CROX at $138.91 is 62% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own CROX?
16 of the institutions we track reported a position in CROX in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.