BOOT BARN HOLDINGS INC (BOOT) Stock Fundamental Analysis
NYSE:BOOT - New York Stock Exchange, Inc. - US0994061002 - Common Stock - Currency: USD
BOOT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 122 industry peers in the Specialty Retail industry. BOOT scores excellent on profitability, but there are some minor concerns on its financial health. BOOT is valued quite expensive, but it does show an excellent growth. This makes BOOT very considerable for growth investing!
1. Profitability
1.1 Basic Checks
BOOT had positive earnings in the past year.
BOOT had a positive operating cash flow in the past year.
BOOT had positive earnings in each of the past 5 years.
Each year in the past 5 years BOOT had a positive operating cash flow.
1.2 Ratios
BOOT has a better Return On Assets (8.97%) than 81.15% of its industry peers.
BOOT has a better Return On Equity (16.01%) than 73.77% of its industry peers.
BOOT has a Return On Invested Capital of 10.78%. This is in the better half of the industry: BOOT outperforms 75.41% of its industry peers.
BOOT had an Average Return On Invested Capital over the past 3 years of 11.97%. This is in line with the industry average of 12.03%.
| 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
Looking at the Profit Margin, with a value of 9.47%, BOOT belongs to the top of the industry, outperforming 88.52% of the companies in the same industry.
BOOT's Profit Margin has improved in the last couple of years.
BOOT has a Operating Margin of 12.53%. This is amongst the best in the industry. BOOT outperforms 89.34% of its industry peers.
In the last couple of years the Operating Margin of BOOT has grown nicely.
With a Gross Margin value of 37.52%, BOOT perfoms like the industry average, outperforming 54.10% of the companies in the same industry.
BOOT's Gross Margin has improved in the last couple of years.
| 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.
BOOT has more shares outstanding than it did 1 year ago.
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 5.73 indicates that BOOT is not in any danger for bankruptcy at the moment.
The Altman-Z score of BOOT (5.73) is better than 90.16% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that BOOT is not too dependend on debt financing.
BOOT's Debt to Equity ratio of 0.01 is fine compared to the rest of the industry. BOOT outperforms 73.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.73 |
ROIC/WACC1.12
WACC9.65%
2.3 Liquidity
A Current Ratio of 2.45 indicates that BOOT has no problem at all paying its short term obligations.
BOOT's Current ratio of 2.45 is amongst the best of the industry. BOOT outperforms 88.52% 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.
Looking at the Quick ratio, with a value of 0.33, BOOT is doing worse than 66.39% of the companies in the same industry.
| 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.
BOOT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.69% yearly.
Looking at the last year, BOOT shows a quite strong growth in Revenue. The Revenue has grown by 14.64% in the last year.
The Revenue has been growing by 17.71% on average over the past years. This is quite good.
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
BOOT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.54% yearly.
The Revenue is expected to grow by 11.13% on average over the next years. This is quite good.
EPS Next Y8.7%
EPS Next 2Y11.75%
EPS Next 3Y11.32%
EPS Next 5Y13.54%
Revenue Next Year11.82%
Revenue Next 2Y12.39%
Revenue Next 3Y12.25%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 29.78, the valuation of BOOT can be described as expensive.
BOOT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 28.04. BOOT is around the same levels.
The Price/Forward Earnings ratio is 27.40, which means the current valuation is very expensive for BOOT.
BOOT's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.64, BOOT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.78 | ||
| Fwd PE | 27.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BOOT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BOOT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.42
PEG (5Y)1.04
EPS Next 2Y11.75%
EPS Next 3Y11.32%
5. Dividend
5.1 Amount
No dividends for BOOT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
174.51
+7.08 (+4.23%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners124.02%
Inst Owner Change-0.06%
Ins Owners0.64%
Ins Owner Change11.13%
Market Cap5.34B
Analysts85.71
Price Target185.56 (6.33%)
Short Float %10.07%
Short Ratio3.75
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)0.81%
PT rev (3m)-2.93%
EPS NQ rev (1m)0.48%
EPS NQ rev (3m)4.07%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.08%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.78 | ||
| Fwd PE | 27.4 | ||
| P/S | 2.79 | ||
| P/FCF | N/A | ||
| P/OCF | 36.18 | ||
| P/B | 4.72 | ||
| P/tB | 6.1 | ||
| EV/EBITDA | 16.78 |
EPS(TTM)5.86
EY3.36%
EPS(NY)6.37
Fwd EY3.65%
FCF(TTM)-0.02
FCFYN/A
OCF(TTM)4.82
OCFY2.76%
SpS62.47
BVpS36.97
TBVpS28.6
PEG (NY)3.42
PEG (5Y)1.04
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 | 5.73 |
F-Score6
WACC9.65%
ROIC/WACC1.12
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 Y8.7%
EPS Next 2Y11.75%
EPS Next 3Y11.32%
EPS Next 5Y13.54%
Revenue 1Y (TTM)14.64%
Revenue growth 3Y8.69%
Revenue growth 5Y17.71%
Sales Q2Q%16.81%
Revenue Next Year11.82%
Revenue Next 2Y12.39%
Revenue Next 3Y12.25%
Revenue Next 5Y11.13%
EBIT growth 1Y19.61%
EBIT growth 3Y-2.51%
EBIT growth 5Y26.57%
EBIT Next Year37.45%
EBIT Next 3Y21.27%
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%