Neiman Marcus Group stock price, funding rounds, valuation and financials

Neiman Marcus Group annual revenue was $4.90 b in FY 2018

$1.1 B

Neiman Marcus Group Revenue Q3, 2019
Neiman Marcus Group Net income (Q3, 2019)-31.2 M
Neiman Marcus Group EBIT (Q3, 2019)41.2 M
Neiman Marcus Group Cash, 27-Apr-201938.6 M

Neiman Marcus Group Funding

Summary Metrics

Founding Date

1907

Neiman Marcus Group investors

Neiman Marcus Group Income Statement

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.3b4.6b4.8b5.1b4.9b4.7b4.9b

Revenue growth, %

(27%)

Sales and marketing expense

106.5m126.9m

General and administrative expense

1.0b1.1b1.2b1.1b1.1b1.2b

Operating expense total

1.1b1.2b1.2b1.1b1.1b1.2b

Depreciation and amortization

268.5m283.9m276.2m261.1m

EBIT

403.6m446.4m318.0m(261.7m)(453.2m)96.5m

EBIT margin, %

9%10%6%(5%)(10%)2%

Interest expense

175.2m169.0m289.9m285.6m295.7m307.4m

Investment income

(1.5m)(13.1m)

Pre tax profit

277.4m28.1m(547.3m)(748.9m)(210.9m)

Income tax expense

88.3m113.7m13.1m(141.1m)(217.1m)(462.1m)

Net Income

140.1m163.7m14.9m(406.1m)(531.8m)251.1m

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.0b1.3b1.1b1.1b1.4b1.1b1.1b1.4b1.2b1.2b1.5b1.2b1.2b1.5b1.2b1.1b1.4b1.1b1.1b1.5b1.2b1.1b1.4b1.1b

General and administrative expense

239.8m279.9m249.7m259.8m282.0m248.7m266.5m305.9m273.7m288.4m322.7m285.7m285.3m302.7m274.8m276.6m307.7m265.6m295.3m322.4m280.7m276.8m309.2m258.6m

Operating expense total

239.8m279.9m249.7m259.8m282.0m248.7m266.5m305.9m273.7m288.4m322.7m285.7m285.3m302.7m274.8m276.6m307.7m265.6m295.3m322.4m280.7m276.8m309.2m258.6m

Depreciation and amortization

7.3m49.1m64.2m79.5m59.7m64.1m71.2m67.7m73.6m70.5m70.1m67.8m67.4m64.9m64.7m62.0m58.3m60.4m

EBIT

122.8m108.7m146.6m127.8m124.4m150.3m32.1m(34.9m)71.7m73.1m118.8m108.0m54.8m85.0m79.7m25.3m(120.4m)38.3m31.0m59.4m50.7m43.5m43.5m41.2m

EBIT margin, %

12%8%14%12%9%14%3%(2%)6%6%8%9%5%6%7%2%(9%)3%3%4%4%4%3%4%

Interest expense

43.1m43.1m44.4m45.1m57.3m32.3m37.3m77.9m82.2m72.6m72.5m72.8m71.7m71.5m72.7m72.1m74.2m73.7m76.1m76.5m77.7m80.5m81.4m83.1m

Investment income

(2.0m)(3.2m)(3.6m)

Pre tax profit

79.7m65.6m102.2m(5.2m)(112.7m)(10.5m)475.0k46.3m35.1m(16.9m)13.5m7.0m(46.8m)(194.6m)(35.4m)(45.1m)(17.1m)(27.0m)(37.9m)(38.8m)(42.8m)

Income tax expense

31.3m25.5m39.6m33.1m26.6m47.2m7.9m(44.8m)(7.8m)279.0k18.5m15.3m(6.3m)5.6m3.2m(23.3m)(77.5m)(10.6m)(18.9m)(389.6m)(7.1m)(9.8m)(9.8m)(11.6m)

Net Income

48.4m40.1m62.6m49.6m40.4m70.8m(67.9m)(2.7m)196.0k27.8m19.8m(10.5m)7.9m3.8m(23.5m)(117.1m)(24.9m)(26.2m)372.5m(19.9m)(28.2m)(29.0m)(31.2m)

Neiman Marcus Group Balance Sheet

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

49.3m136.7m196.5m73.0m61.8m49.2m38.5m

Accounts Receivable

Prepaid Expenses

132.2m102.8m104.6m126.2m137.1m123.8m

Inventories

939.8m1.0b1.1b1.2b1.2b1.1b

Current Assets

1.1b1.3b1.4b1.4b1.3b1.4b1.3b

PP&E

894.5m901.8m1.4b1.5b1.6b1.6b1.6b

Goodwill

1.3b1.3b2.1b2.3b2.1b1.9b1.9b

Total Assets

5.2b5.3b8.8b8.9b8.3b7.7b7.5b

Accounts Payable

331.4m386.5m375.1m343.0m317.7m316.8m319.0m

Short-term debt

600.0m15.0m29.4m29.4m29.4m29.4m29.4m

Current Liabilities

725.2m776.7m856.7m837.8m839.8m803.2m859.7m

Long-term debt

2.8b2.7b4.6b4.7b4.6b4.7b4.6b

Non-Current Liabilities

3.9b3.7b6.5b6.6b6.5b6.4b5.9b

Total Debt

3.4b2.7b4.6b4.7b4.6b29.4m29.4m

Total Liabilities

7.3b

Common Stock

10.0k10.0k

Additional Paid-in Capital

995.3m1.0b1.6b

Retained Earnings

(231.0m)(67.3m)(134.1m)(119.1m)(525.2m)(1.1b)(805.9m)

Total Equity

615.5m831.0m8.8b8.9b7.7b7.5b

Debt to Equity Ratio

0.5 x0.5 x0 x0 x

Debt to Assets Ratio

0.5 x0.5 x0.6 x0 x0 x

Financial Leverage

8.5 x6.4 x1 x1 x1 x1 x

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

289.6m433.1m64.7m69.4m56.9m68.6m79.0m147.2m115.8m81.6m127.1m82.2m58.6m56.9m76.3m42.1m48.4m53.6m41.5m35.8m38.9m37.7m41.3m38.6m

Prepaid Expenses

87.4m101.6m96.4m106.3m117.2m97.3m192.3m151.0m146.1m107.3m114.7m108.5m129.4m127.7m162.2m161.8m166.9m155.7m134.3m143.5m111.4m208.0m248.0m283.0m

Inventories

1.0b856.9m945.8m1.1b919.6m995.4m1.3b1.0b1.1b1.3b1.1b1.2b1.4b1.2b1.2b1.3b1.2b1.2b1.3b1.1b1.2b1.2b999.3m1.1b

Current Assets

1.4b1.4b1.1b1.3b1.1b1.2b1.6b1.4b1.4b1.5b1.4b1.4b1.6b1.4b1.5b1.5b1.4b1.5b1.6b1.4b1.4b1.5b1.3b1.4b

PP&E

877.1m886.2m887.9m900.7m902.8m897.4m1.1b1.2b1.4b1.4b1.4b1.4b1.5b1.5b1.5b1.6b1.6b1.6b1.6b1.6b1.6b1.5b1.5b1.5b

Goodwill

1.3b1.3b1.3b1.3b1.3b1.3b2.6b2.4b2.2b2.4b2.3b2.3b2.3b2.3b2.3b2.1b2.1b2.1b1.9b1.9b1.9b1.8b1.8b1.8b

Total Assets

5.5b5.5b5.2b5.4b5.1b5.2b8.9b8.7b8.8b9.0b8.9b8.9b9.1b8.9b8.9b8.5b8.2b8.2b7.8b7.6b7.6b7.5b7.3b7.4b

Accounts Payable

310.3m259.9m246.5m314.5m261.0m251.2m354.1m292.3m261.9m372.6m307.2m280.3m323.2m287.5m264.7m347.3m384.1m213.7m327.9m283.8m292.9m336.4m252.9m242.1m

Short-term debt

175.0m20.0m20.0m29.5m29.5m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m29.4m

Current Liabilities

732.7m682.7m699.2m769.4m670.2m689.2m831.6m788.4m730.3m877.3m826.9m767.2m821.3m843.2m780.8m862.2m923.2m684.3m871.7m845.3m826.2m866.9m810.2m751.4m

Long-term debt

2.7b2.7b2.8b2.9b2.7b2.7b4.7b4.6b4.6b4.8b4.7b4.7b4.9b4.7b4.8b4.8b4.6b4.8b4.8b4.6b4.6b4.8b4.7b4.9b

Non-Current Liabilities

3.7b3.7b3.8b3.9b3.8b3.7b6.4b6.4b6.5b6.7b6.6b6.6b6.8b6.6b6.7b6.7b6.4b6.7b6.5b5.9b6.0b6.1b6.0b6.2b

Total Debt

2.7b2.7b2.8b3.0b2.7b2.7b4.7b4.6b4.6b4.8b4.7b4.7b4.9b4.7b4.8b4.8b4.6b4.9b29.4m29.4m29.4m4.9b4.8b4.9b

Common Stock

10.0k10.0k10.0k10.0k10.0k10.0k

Additional Paid-in Capital

1.4b1.4b993.5m998.2m1.0b1.0b1.6b1.6b1.6b

Retained Earnings

(322.6m)(282.6m)(219.9m)(181.4m)(140.9m)(70.2m)(67.9m)(81.4m)(133.9m)(106.1m)(86.3m)(129.7m)(121.8m)(118.0m)(548.8m)(665.8m)(690.7m)(1.1b)(710.7m)(730.6m)(838.6m)(867.6m)(898.8m)

Total Equity

1.0b1.1b699.7m671.6m718.3m791.2m8.9b8.7b8.8b9.0b8.9b8.9b9.1b8.9b8.9b(114.9m)(111.2m)(109.5m)7.8b7.6b7.6b7.5b7.3b7.4b

Debt to Equity Ratio

0.5 x0.5 x0.5 x0.5 x0.5 x0.5 x0.5 x-41.8 x-41.5 x0 x0 x0 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.5 x0.5 x0.5 x0.5 x0.6 x0.6 x0 x0 x0 x

Financial Leverage

5.2 x5 x7.4 x8 x7.2 x6.6 x1 x1 x1 x1 x1 x1 x1 x1 x1 x-73.7 x-73.3 x-74.9 x1 x1 x1 x1 x1 x1 x

Neiman Marcus Group Cash Flow

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

140.1m163.7m14.9m(406.1m)251.1m

Depreciation and Amortization

188.7m197.4m279.1m347.4m362.6m354.0m336.7m

Accounts Receivable

Inventories

(100.5m)(79.0m)(52.6m)29.0m(25.9m)39.9m

Accounts Payable

62.6m42.6m(45.8m)(43.9m)1.3m46.3m

Cash From Operating Activities

259.8m349.4m283.4m228.4m310.6m147.0m297.2m

Purchases of PP&E

(152.8m)(146.5m)(270.5m)(301.4m)(204.6m)(174.6m)

Capital Expenditures

(138.0m)

Cash From Investing Activities

(182.3m)(156.5m)(3.5b)(452.2m)(302.3m)(204.6m)(174.6m)

Short-term Borrowings

(185.0m)(400.0m)(520.0m)(791.0m)(1.2b)

Long-term Borrowings

(75.0m)(695.7m)

Dividends Paid

(449.3m)

Cash From Financing Activities

(349.9m)(105.4m)3.3b100.3m(21.6m)40.4m(134.0m)

Net Change in Cash

(272.3m)87.4m(123.5m)(11.1m)(12.6m)(10.7m)

Interest Paid

164.7m153.1m159.3m267.4m268.7m286.7m231.2m

Income Taxes Paid

78.9m111.1m(6.8m)85.2m(19.2m)(42.3m)263.0k

Free Cash Flow

421.4m

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

48.4m88.5m151.1m49.6m90.1m160.8m196.0k28.0m47.8m(10.5m)(2.7m)1.1m(23.5m)(140.6m)(165.5m)(26.2m)346.3m326.4m(28.2m)(57.2m)(88.4m)

Depreciation and Amortization

47.7m93.5m140.2m47.5m94.9m142.7m64.9m99.2m178.6m262.4m91.0m178.4m271.6m90.3m180.0m267.3m86.3m170.1m253.7m80.6m157.7m236.6m

Inventories

(185.3m)(17.6m)(106.5m)(181.5m)20.2m(55.6m)(169.3m)(2.6m)(72.2m)(195.4m)(11.9m)(44.7m)(186.0m)(72.0m)(89.9m)(185.5m)21.6m(18.5m)(209.9m)(22.3m)(97.4m)

Accounts Payable

69.9m19.2m36.9m38.4m(63.2m)(42.2m)(98.3m)(120.9m)(10.7m)(58.0m)(115.2m)(21.6m)(33.2m)(96.0m)12.5m73.6m(145.3m)69.4m35.7m1.4m33.8m(35.8m)(97.9m)

Cash From Operating Activities

1.4m185.5m206.0m(14.9m)178.9m233.3m(114.9m)119.6m(99.2m)121.8m122.8m(142.1m)118.3m150.5m(131.8m)115.7m(70.1m)(57.1m)195.5m212.8m(178.4m)(25.2m)(135.4m)

Purchases of PP&E

(33.2m)(73.4m)(108.6m)(40.0m)(73.3m)(103.6m)(3.4b)(56.4m)(119.4m)(183.0m)(74.9m)(153.8m)(232.0m)(65.4m)(114.0m)(161.5m)(24.7m)(65.8m)(109.8m)(37.6m)(84.1m)(132.3m)

Capital Expenditures

(33.5m)

Cash From Investing Activities

(33.2m)(73.4m)(138.0m)(40.0m)(73.3m)(113.6m)(3.4b)(3.4b)(238.1m)(301.1m)(364.7m)(74.9m)(154.7m)(232.9m)(65.4m)(114.0m)(161.5m)(24.7m)(65.8m)(109.8m)(37.6m)(84.1m)(149.5m)

Short-term Borrowings

(180.0m)(180.0m)(145.0m)(230.0m)(330.0m)(40.0m)(315.0m)(360.0m)(80.0m)(380.0m)(460.0m)(110.9m)(578.6m)(854.0m)(276.2m)(832.2m)(1.2b)

Long-term Borrowings

(25.0m)(25.0m)(690.7m)(690.7m)(2.6m)

Dividends Paid

(449.3m)(273.5m)(273.5m)(273.5m)

Cash From Financing Activities

(202.0k)(594.0k)(324.9m)75.0m(98.0m)(100.4m)3.5b3.3b222.4m110.0m127.7m202.6m20.3m85.7m177.2m(15.1m)219.7m73.5m(143.7m)(114.0m)215.2m112.1m285.0m

Net Change in Cash

(32.0m)111.5m(256.9m)20.1m7.6m19.3m(37.1m)(114.9m)(69.4m)(114.3m)(14.4m)(16.1m)3.3m(19.8m)(13.4m)(8.2m)(7.8m)(13.5m)(10.4m)(778.0k)2.8m69.0k

Interest Paid

51.8m81.9m133.7m52.4m93.2m121.6m54.0k22.1m97.8m134.9m230.8m98.5m135.4m232.0m97.9m145.7m245.1m73.6m115.1m189.0m108.0m152.8m261.5m

Income Taxes Paid

(22.9m)20.3m47.3m(7.0m)39.8m75.5m1.3m255.0k45.6m58.4m3.5m15.2m16.1m(119.0k)(1.7m)699.0k(3.6m)(3.5m)(3.7m)(8.0k)(6.9m)(6.6m)

Free Cash Flow

86.0m

Neiman Marcus Group Ratios

USDY, 2019

Financial Leverage

1 x