BOOT BARN HOLDINGS INC (BOOT) Stock Fundamental Analysis
NYSE:BOOT - New York Stock Exchange, Inc. - US0994061002 - Common Stock - Currency: USD
Overall BOOT gets a fundamental rating of 5 out of 10. We evaluated BOOT against 120 industry peers in the Specialty Retail industry. BOOT has an excellent profitability rating, but there are some minor concerns on its financial health. BOOT is valued quite expensively, but it does show have an excellent growth rating. These ratings could make BOOT a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
BOOT had positive earnings in the past year.
In the past year BOOT had a positive cash flow from operations.
Each year in the past 5 years BOOT has been profitable.
Each year in the past 5 years BOOT had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 8.97%, BOOT is doing good in the industry, outperforming 80.00% of the companies in the same industry.
BOOT has a Return On Equity of 16.01%. This is in the better half of the industry: BOOT outperforms 72.50% of its industry peers.
The Return On Invested Capital of BOOT (10.78%) is better than 74.17% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BOOT is in line with the industry average of 13.32%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.97% | ||
| ROE | 16.01% | ||
| ROIC | 10.78% |
ROA(3y)9.61%
ROA(5y)10.25%
ROE(3y)17.85%
ROE(5y)20.14%
ROIC(3y)11.97%
ROIC(5y)13.34%
1.3 Margins
BOOT's Profit Margin of 9.47% is amongst the best of the industry. BOOT outperforms 88.33% of its industry peers.
In the last couple of years the Profit Margin of BOOT has grown nicely.
BOOT has a better Operating Margin (12.53%) than 89.17% of its industry peers.
BOOT's Operating Margin has improved in the last couple of years.
BOOT has a Gross Margin (37.52%) which is in line with its industry peers.
In the last couple of years the Gross Margin of BOOT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.53% | ||
| PM (TTM) | 9.47% | ||
| GM | 37.52% |
OM growth 3Y-10.3%
OM growth 5Y7.52%
PM growth 3Y-9.88%
PM growth 5Y10.82%
GM growth 3Y-0.98%
GM growth 5Y2.79%
2. Health
2.1 Basic Checks
BOOT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, BOOT has more shares outstanding
The number of shares outstanding for BOOT has been increased compared to 5 years ago.
The debt/assets ratio for BOOT has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.65 indicates that BOOT is not in any danger for bankruptcy at the moment.
BOOT has a better Altman-Z score (5.65) than 89.17% of its industry peers.
BOOT has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
BOOT has a better Debt to Equity ratio (0.01) than 71.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.65 |
ROIC/WACC1.13
WACC9.5%
2.3 Liquidity
A Current Ratio of 2.45 indicates that BOOT has no problem at all paying its short term obligations.
BOOT has a Current ratio of 2.45. This is amongst the best in the industry. BOOT outperforms 88.33% of its industry peers.
BOOT has a Quick Ratio of 2.45. This is a bad value and indicates that BOOT is not financially healthy enough and could expect problems in meeting its short term obligations.
BOOT's Quick ratio of 0.33 is on the low side compared to the rest of the industry. BOOT is outperformed by 68.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
BOOT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.08%, which is quite impressive.
Measured over the past years, BOOT shows a very strong growth in Earnings Per Share. The EPS has been growing by 28.69% on average per year.
BOOT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.64%.
BOOT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.71% yearly.
EPS 1Y (TTM)22.08%
EPS 3Y-2.59%
EPS 5Y28.69%
EPS Q2Q%27.08%
Revenue 1Y (TTM)14.64%
Revenue growth 3Y8.69%
Revenue growth 5Y17.71%
Sales Q2Q%16.81%
3.2 Future
The Earnings Per Share is expected to grow by 13.54% on average over the next years. This is quite good.
The Revenue is expected to grow by 11.13% on average over the next years. This is quite good.
EPS Next Y7.64%
EPS Next 2Y11.72%
EPS Next 3Y13.01%
EPS Next 5Y13.54%
Revenue Next Year11.62%
Revenue Next 2Y12.29%
Revenue Next 3Y12.15%
Revenue Next 5Y11.13%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.84, the valuation of BOOT can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as BOOT.
When comparing the Price/Earnings ratio of BOOT to the average of the S&P500 Index (26.31), we can say BOOT is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 24.93, the valuation of BOOT can be described as rather expensive.
BOOT's Price/Forward Earnings ratio is in line with the industry average.
BOOT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.84 | ||
| Fwd PE | 24.93 |
4.2 Price Multiples
BOOT's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.35 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of BOOT may justify a higher PE ratio.
A more expensive valuation may be justified as BOOT's earnings are expected to grow with 13.01% in the coming years.
PEG (NY)3.51
PEG (5Y)0.94
EPS Next 2Y11.72%
EPS Next 3Y13.01%
5. Dividend
5.1 Amount
BOOT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
157.27
-5.88 (-3.6%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners124.02%
Inst Owner Change3.26%
Ins Owners0.64%
Ins Owner Change10.92%
Market Cap4.81B
Analysts85.71
Price Target184.07 (17.04%)
Short Float %9.02%
Short Ratio2.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.26%
Min EPS beat(2)-3.44%
Max EPS beat(2)0.93%
EPS beat(4)2
Avg EPS beat(4)2.52%
Min EPS beat(4)-3.44%
Max EPS beat(4)14.79%
EPS beat(8)5
Avg EPS beat(8)5.98%
EPS beat(12)8
Avg EPS beat(12)6.28%
EPS beat(16)12
Avg EPS beat(16)10.39%
Revenue beat(2)0
Avg Revenue beat(2)-2.37%
Min Revenue beat(2)-2.96%
Max Revenue beat(2)-1.77%
Revenue beat(4)0
Avg Revenue beat(4)-1.62%
Min Revenue beat(4)-2.96%
Max Revenue beat(4)-0.36%
Revenue beat(8)1
Avg Revenue beat(8)-1.03%
Revenue beat(12)2
Avg Revenue beat(12)-1.44%
Revenue beat(16)5
Avg Revenue beat(16)-0.19%
PT rev (1m)11.61%
PT rev (3m)-5.19%
EPS NQ rev (1m)3.57%
EPS NQ rev (3m)2.25%
EPS NY rev (1m)-6%
EPS NY rev (3m)-10.05%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)0.15%
Revenue NY rev (1m)-1.58%
Revenue NY rev (3m)-2.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.84 | ||
| Fwd PE | 24.93 | ||
| P/S | 2.52 | ||
| P/FCF | N/A | ||
| P/OCF | 32.61 | ||
| P/B | 4.25 | ||
| P/tB | 5.5 | ||
| EV/EBITDA | 16.35 |
EPS(TTM)5.86
EY3.73%
EPS(NY)6.31
Fwd EY4.01%
FCF(TTM)-0.02
FCFYN/A
OCF(TTM)4.82
OCFY3.07%
SpS62.47
BVpS36.97
TBVpS28.6
PEG (NY)3.51
PEG (5Y)0.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.97% | ||
| ROE | 16.01% | ||
| ROCE | 14.38% | ||
| ROIC | 10.78% | ||
| ROICexc | 11.25% | ||
| ROICexgc | 13.4% | ||
| OM | 12.53% | ||
| PM (TTM) | 9.47% | ||
| GM | 37.52% | ||
| FCFM | N/A |
ROA(3y)9.61%
ROA(5y)10.25%
ROE(3y)17.85%
ROE(5y)20.14%
ROIC(3y)11.97%
ROIC(5y)13.34%
ROICexc(3y)12.41%
ROICexc(5y)13.91%
ROICexgc(3y)15.39%
ROICexgc(5y)18.95%
ROCE(3y)16.35%
ROCE(5y)18.22%
ROICexcg growth 3Y-24.86%
ROICexcg growth 5Y0.08%
ROICexc growth 3Y-20.3%
ROICexc growth 5Y6.49%
OM growth 3Y-10.3%
OM growth 5Y7.52%
PM growth 3Y-9.88%
PM growth 5Y10.82%
GM growth 3Y-0.98%
GM growth 5Y2.79%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 237.34% | ||
| Cap/Sales | 7.76% | ||
| Interest Coverage | 173.39 | ||
| Cash Conversion | 48.87% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.45 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | 5.65 |
F-Score6
WACC9.5%
ROIC/WACC1.13
Cap/Depr(3y)274.24%
Cap/Depr(5y)232.1%
Cap/Sales(3y)7.47%
Cap/Sales(5y)5.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.08%
EPS 3Y-2.59%
EPS 5Y28.69%
EPS Q2Q%27.08%
EPS Next Y7.64%
EPS Next 2Y11.72%
EPS Next 3Y13.01%
EPS Next 5Y13.54%
Revenue 1Y (TTM)14.64%
Revenue growth 3Y8.69%
Revenue growth 5Y17.71%
Sales Q2Q%16.81%
Revenue Next Year11.62%
Revenue Next 2Y12.29%
Revenue Next 3Y12.15%
Revenue Next 5Y11.13%
EBIT growth 1Y19.61%
EBIT growth 3Y-2.51%
EBIT growth 5Y26.57%
EBIT Next Year37.45%
EBIT Next 3Y21.04%
EBIT Next 5Y15.66%
FCF growth 1Y-100.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-37.5%
OCF growth 3Y18.4%
OCF growth 5Y42.28%