How Did Big Lots Compare to Its Peers?

Big Lots Reported Solid Revenue and Income Growth in Fiscal 3Q15

(Continued from Prior Part)

Big Lots and its peers

In this part, we’ll compare Big Lots with its peers:

  • The PE (price-to-earnings) ratios of Big Lots (BIG), Target (TGT), Dollar General (DG), and Five Below (FIVE) are 15.1x, 16.6x, 18.1x, and 33.4x, respectively, as of December 4, 2015.

  • The PBV (price-to-book value) ratios of Big Lots, Target, Dollar General, and Five Below are 3.2x, 3.5x, 3.8x, and 8.3x, respectively.

  • The price-to-sales ratios of Big Lots, Target, Dollar General, and Five Below are 0.38x, 0.62x, 1.0x, and 2.2x, respectively.

As a result, the peers outperformed Big Lots based on the PE ratio, PBV ratio, and price-to-sales ratio.

ETFs that invest in Big Lots

The First Trust Mid Cap Growth AlphaDex ETF (FNY) invests 1.0% of its holdings in Big Lots. FNY tracks a tiered and equal-weighted index of mid-cap growth stocks selected by Standard & Poor’s AlphaDex selection methodology from the S&P 400 Index.

The SPDR S&P Retail ETF (XRT) invests 1.0% of its holdings in Big Lots. XRT tracks a broad-based, equal-weighted index of stocks in the US retail industry.

The iShares Morningstar Small Value ETF (JKL) invests 0.48% of its holdings in Big Lots. JKL tracks a market-cap-weighted index of US small-cap value stocks. The index stocks from the 90th to 97th percentile of the market-cap spectrum. It uses fundamental factors.

Comparing Big Lots and its ETFs

Now, let’s compare Big Lots with the ETFs that invest in it.

  • The YTD (year-to-date) price movements of Big Lots, FNY, XRT, and JKL are 1.3%, -0.47%, -7.8%, and -5.8%, respectively.

  • The PE ratios of Big Lots, FNY, XRT, and JKL are 15.1x, 28.9x, 24.9x, and 23.0x, respectively.

  • The PBV ratios of Big Lots, FNY, XRT, and JKL are 3.2x, 4.1x, 3.0x, and 1.4x, respectively.

According to the above findings, the ETFs are ahead of Big Lots based on the PE ratio. However, Big Lots outperformed its ETFs based on the price movement and PBV ratio.

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