BUCKLE INC/THE (BKE) Stock Fundamental Analysis
NYSE:BKE - New York Stock Exchange, Inc. - US1184401065 - Common Stock - Currency: USD
BKE gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 121 industry peers in the Specialty Retail industry. BKE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. BKE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BKE had positive earnings in the past year.
BKE had a positive operating cash flow in the past year.
BKE had positive earnings in each of the past 5 years.
Each year in the past 5 years BKE had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 21.41%, BKE belongs to the best of the industry, outperforming 98.35% of the companies in the same industry.
BKE has a better Return On Equity (46.12%) than 92.56% of its industry peers.
With an excellent Return On Invested Capital value of 26.21%, BKE belongs to the best of the industry, outperforming 93.39% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BKE is significantly above the industry average of 13.07%.
The 3 year average ROIC (32.58%) for BKE is well above the current ROIC(26.21%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.41% | ||
| ROE | 46.12% | ||
| ROIC | 26.21% |
ROA(3y)25.51%
ROA(5y)24.91%
ROE(3y)55.67%
ROE(5y)56.25%
ROIC(3y)32.58%
ROIC(5y)33.11%
1.3 Margins
With an excellent Profit Margin value of 16.05%, BKE belongs to the best of the industry, outperforming 97.52% of the companies in the same industry.
In the last couple of years the Profit Margin of BKE has grown nicely.
Looking at the Operating Margin, with a value of 19.82%, BKE belongs to the top of the industry, outperforming 97.52% of the companies in the same industry.
BKE's Operating Margin has improved in the last couple of years.
The Gross Margin of BKE (48.68%) is better than 77.69% of its industry peers.
BKE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.82% | ||
| PM (TTM) | 16.05% | ||
| GM | 48.68% |
OM growth 3Y-8.55%
OM growth 5Y6.3%
PM growth 3Y-6.57%
PM growth 5Y6.72%
GM growth 3Y-1.18%
GM growth 5Y3.03%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BKE is creating value.
The number of shares outstanding for BKE has been increased compared to 1 year ago.
Compared to 5 years ago, BKE has more shares outstanding
BKE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 5.81 indicates that BKE is not in any danger for bankruptcy at the moment.
BKE has a better Altman-Z score (5.81) than 90.08% of its industry peers.
There is no outstanding debt for BKE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.81 |
ROIC/WACC2.74
WACC9.55%
2.3 Liquidity
A Current Ratio of 2.05 indicates that BKE has no problem at all paying its short term obligations.
The Current ratio of BKE (2.05) is better than 82.64% of its industry peers.
BKE has a Quick Ratio of 1.49. This is a normal value and indicates that BKE is financially healthy and should not expect problems in meeting its short term obligations.
BKE has a better Quick ratio (1.49) than 85.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.49 |
3. Growth
3.1 Past
The earnings per share for BKE have decreased by -8.25% in the last year.
The Earnings Per Share has been growing by 12.64% on average over the past years. This is quite good.
BKE shows a decrease in Revenue. In the last year, the revenue decreased by -1.08%.
BKE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.23% yearly.
EPS 1Y (TTM)-8.25%
EPS 3Y-9.01%
EPS 5Y12.64%
EPS Q2Q%1.45%
Revenue 1Y (TTM)-1.08%
Revenue growth 3Y-2.02%
Revenue growth 5Y6.23%
Sales Q2Q%3.67%
3.2 Future
The Earnings Per Share is expected to grow by 1.36% on average over the next years.
BKE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.57% yearly.
EPS Next Y-3.82%
EPS Next 2Y-1.2%
EPS Next 3Y1.36%
EPS Next 5YN/A
Revenue Next Year1.72%
Revenue Next 2Y1.94%
Revenue Next 3Y2.57%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.17, which indicates a correct valuation of BKE.
Compared to the rest of the industry, the Price/Earnings ratio of BKE indicates a rather cheap valuation: BKE is cheaper than 82.64% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BKE to the average of the S&P500 Index (27.30), we can say BKE is valued rather cheaply.
The Price/Forward Earnings ratio is 12.50, which indicates a correct valuation of BKE.
BKE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BKE is cheaper than 73.55% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, BKE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.17 | ||
| Fwd PE | 12.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BKE is valued a bit cheaper than the industry average as 66.94% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BKE indicates a rather cheap valuation: BKE is cheaper than 82.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.13 | ||
| EV/EBITDA | 7.97 |
4.3 Compensation for Growth
The excellent profitability rating of BKE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.96
EPS Next 2Y-1.2%
EPS Next 3Y1.36%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.97%, BKE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.86, BKE pays a better dividend. On top of this BKE pays more dividend than 90.91% of the companies listed in the same industry.
BKE's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
5.2 History
The dividend of BKE is nicely growing with an annual growth rate of 11.22%!
BKE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.22%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BKE pays out 101.31% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BKE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP101.31%
EPS Next 2Y-1.2%
EPS Next 3Y1.36%
47.35
+0.24 (+0.51%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners58.96%
Inst Owner Change0%
Ins Owners7.35%
Ins Owner Change17.98%
Market Cap2.42B
Analysts46.67
Price Target40.8 (-13.83%)
Short Float %7.62%
Short Ratio4.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
Yearly Dividend3.91
Dividend Growth(5Y)11.22%
DP101.31%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.64%
Min EPS beat(2)-2.1%
Max EPS beat(2)9.38%
EPS beat(4)1
Avg EPS beat(4)-0.82%
Min EPS beat(4)-7.68%
Max EPS beat(4)9.38%
EPS beat(8)4
Avg EPS beat(8)2.5%
EPS beat(12)8
Avg EPS beat(12)5.87%
EPS beat(16)12
Avg EPS beat(16)19.32%
Revenue beat(2)1
Avg Revenue beat(2)0.03%
Min Revenue beat(2)-0.42%
Max Revenue beat(2)0.47%
Revenue beat(4)2
Avg Revenue beat(4)-0.09%
Min Revenue beat(4)-1.43%
Max Revenue beat(4)1.03%
Revenue beat(8)2
Avg Revenue beat(8)-1.43%
Revenue beat(12)5
Avg Revenue beat(12)-0.33%
Revenue beat(16)9
Avg Revenue beat(16)3.16%
PT rev (1m)0%
PT rev (3m)-2.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.92%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.17 | ||
| Fwd PE | 12.5 | ||
| P/S | 1.99 | ||
| P/FCF | 12.13 | ||
| P/OCF | 10.01 | ||
| P/B | 5.72 | ||
| P/tB | 5.72 | ||
| EV/EBITDA | 7.97 |
EPS(TTM)3.89
EY8.22%
EPS(NY)3.79
Fwd EY8%
FCF(TTM)3.9
FCFY8.25%
OCF(TTM)4.73
OCFY9.99%
SpS23.8
BVpS8.28
TBVpS8.28
PEG (NY)N/A
PEG (5Y)0.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.41% | ||
| ROE | 46.12% | ||
| ROCE | 34.52% | ||
| ROIC | 26.21% | ||
| ROICexc | 44.86% | ||
| ROICexgc | 44.86% | ||
| OM | 19.82% | ||
| PM (TTM) | 16.05% | ||
| GM | 48.68% | ||
| FCFM | 16.4% |
ROA(3y)25.51%
ROA(5y)24.91%
ROE(3y)55.67%
ROE(5y)56.25%
ROIC(3y)32.58%
ROIC(5y)33.11%
ROICexc(3y)57.64%
ROICexc(5y)61.82%
ROICexgc(3y)57.64%
ROICexgc(5y)61.82%
ROCE(3y)42.91%
ROCE(5y)43.6%
ROICexcg growth 3Y-22.38%
ROICexcg growth 5Y15.72%
ROICexc growth 3Y-22.38%
ROICexc growth 5Y15.72%
OM growth 3Y-8.55%
OM growth 5Y6.3%
PM growth 3Y-6.57%
PM growth 5Y6.72%
GM growth 3Y-1.18%
GM growth 5Y3.03%
F-Score5
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 183.86% | ||
| Cap/Sales | 3.47% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.55% | ||
| Profit Quality | 102.19% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.49 | ||
| Altman-Z | 5.81 |
F-Score5
WACC9.55%
ROIC/WACC2.74
Cap/Depr(3y)174.55%
Cap/Depr(5y)132.53%
Cap/Sales(3y)2.9%
Cap/Sales(5y)2.2%
Profit Quality(3y)94.76%
Profit Quality(5y)113.61%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.25%
EPS 3Y-9.01%
EPS 5Y12.64%
EPS Q2Q%1.45%
EPS Next Y-3.82%
EPS Next 2Y-1.2%
EPS Next 3Y1.36%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.08%
Revenue growth 3Y-2.02%
Revenue growth 5Y6.23%
Sales Q2Q%3.67%
Revenue Next Year1.72%
Revenue Next 2Y1.94%
Revenue Next 3Y2.57%
Revenue Next 5YN/A
EBIT growth 1Y-10.96%
EBIT growth 3Y-10.4%
EBIT growth 5Y12.91%
EBIT Next Year11.17%
EBIT Next 3Y6.86%
EBIT Next 5YN/A
FCF growth 1Y-8.11%
FCF growth 3Y-11.96%
FCF growth 5Y10.11%
OCF growth 1Y-4.96%
OCF growth 3Y-8.1%
OCF growth 5Y13.11%