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 6 out of 10. We evaluated BOOT against 121 industry peers in the Specialty Retail industry. While BOOT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BOOT is valued quite expensively, but it does show have an excellent growth rating. With these ratings, BOOT could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year BOOT was profitable.
In the past year BOOT had a positive cash flow from operations.
Each year in the past 5 years BOOT has been profitable.
BOOT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 8.97%, BOOT belongs to the best of the industry, outperforming 80.99% of the companies in the same industry.
BOOT has a better Return On Equity (16.01%) than 73.55% of its industry peers.
The Return On Invested Capital of BOOT (10.78%) is better than 75.21% 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 13.07%.
| 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 has a better Profit Margin (9.47%) than 88.43% of its industry peers.
BOOT's Profit Margin has improved in the last couple of years.
BOOT's Operating Margin of 12.53% is amongst the best of the industry. BOOT outperforms 89.26% of its industry peers.
In the last couple of years the Operating Margin of BOOT has grown nicely.
BOOT's Gross Margin of 37.52% is in line compared to the rest of the industry. BOOT outperforms 54.55% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BOOT is creating some value.
BOOT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, BOOT has more shares outstanding
Compared to 1 year ago, BOOT has an improved debt to assets ratio.
2.2 Solvency
BOOT has an Altman-Z score of 5.68. This indicates that BOOT is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 5.68, BOOT belongs to the best of the industry, outperforming 89.26% of the companies in the same industry.
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 74.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.68 |
ROIC/WACC1.2
WACC8.98%
2.3 Liquidity
BOOT has a Current Ratio of 2.45. This indicates that BOOT is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.45, BOOT belongs to the best of the industry, outperforming 88.43% of the companies in the same industry.
A Quick Ratio of 0.33 indicates that BOOT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.33, BOOT is doing worse than 66.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.08% over the past year.
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.
The Revenue has grown by 14.64% in the past year. This is quite good.
Measured over the past years, BOOT shows a quite strong growth in Revenue. The Revenue has been growing by 17.71% on average per year.
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.
BOOT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.13% yearly.
EPS Next Y8.7%
EPS Next 2Y11.75%
EPS Next 3Y13.19%
EPS Next 5Y13.54%
Revenue Next Year11.82%
Revenue Next 2Y12.39%
Revenue Next 3Y12.23%
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
With a Price/Earnings ratio of 28.15, BOOT can be considered very expensive at the moment.
BOOT's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.45, BOOT is valued at the same level.
The Price/Forward Earnings ratio is 25.89, which means the current valuation is very expensive for BOOT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BOOT is on the same level as its industry peers.
BOOT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.15 | ||
| Fwd PE | 25.89 |
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 | 16.53 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BOOT does not grow enough to justify the current Price/Earnings ratio.
BOOT has an outstanding profitability rating, which may justify a higher PE ratio.
BOOT's earnings are expected to grow with 13.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.24
PEG (5Y)0.98
EPS Next 2Y11.75%
EPS Next 3Y13.19%
5. Dividend
5.1 Amount
BOOT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
164.93
+4.74 (+2.96%)
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 Change11.13%
Market Cap5.05B
Analysts85.71
Price Target185.56 (12.51%)
Short Float %10.62%
Short Ratio3.77
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)14.92%
PT rev (3m)-2.93%
EPS NQ rev (1m)0.84%
EPS NQ rev (3m)2.25%
EPS NY rev (1m)0.98%
EPS NY rev (3m)-8.35%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)0.15%
Revenue NY rev (1m)-1.31%
Revenue NY rev (3m)-2.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.15 | ||
| Fwd PE | 25.89 | ||
| P/S | 2.64 | ||
| P/FCF | N/A | ||
| P/OCF | 34.2 | ||
| P/B | 4.46 | ||
| P/tB | 5.77 | ||
| EV/EBITDA | 16.53 |
EPS(TTM)5.86
EY3.55%
EPS(NY)6.37
Fwd EY3.86%
FCF(TTM)-0.02
FCFYN/A
OCF(TTM)4.82
OCFY2.92%
SpS62.47
BVpS36.97
TBVpS28.6
PEG (NY)3.24
PEG (5Y)0.98
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 | 5.68 |
F-Score6
WACC8.98%
ROIC/WACC1.2
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 3Y13.19%
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 3Y12.23%
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%