DECKERS OUTDOOR CORP (DECK) Stock Fundamental Analysis
USA - NYSE:DECK - US2435371073 - Common Stock
118.5 USD
+0.63 (+0.53%)
117.09 USD
-1.41 (-1.19%)
Taking everything into account, DECK scores 7 out of 10 in our fundamental rating. DECK was compared to 49 industry peers in the Textiles, Apparel & Luxury Goods industry. DECK gets an excellent profitability rating and is at the same time showing great financial health properties. DECK is not valued too expensively and it also shows a decent growth rate. These ratings could make DECK a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
DECK had positive earnings in the past year.
In the past year DECK had a positive cash flow from operations.
Each year in the past 5 years DECK has been profitable.
Each year in the past 5 years DECK had a positive operating cash flow.
1.2 Ratios
DECK has a Return On Assets of 25.78%. This is amongst the best in the industry. DECK outperforms 100.00% of its industry peers.
DECK has a Return On Equity of 40.11%. This is amongst the best in the industry. DECK outperforms 91.84% of its industry peers.
DECK has a better Return On Invested Capital (33.69%) than 97.96% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DECK is significantly above the industry average of 12.15%.
The 3 year average ROIC (29.23%) for DECK is below the current ROIC(33.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.78% | ||
| ROE | 40.11% | ||
| ROIC | 33.69% |
ROA(3y)23.83%
ROA(5y)21.71%
ROE(3y)34.58%
ROE(5y)31.92%
ROIC(3y)29.23%
ROIC(5y)27.24%
1.3 Margins
DECK's Profit Margin of 19.31% is amongst the best of the industry. DECK outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of DECK has grown nicely.
Looking at the Operating Margin, with a value of 23.64%, DECK belongs to the top of the industry, outperforming 95.92% of the companies in the same industry.
In the last couple of years the Operating Margin of DECK has grown nicely.
Looking at the Gross Margin, with a value of 57.63%, DECK is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Gross Margin of DECK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.64% | ||
| PM (TTM) | 19.31% | ||
| GM | 57.63% |
OM growth 3Y9.57%
OM growth 5Y8.3%
PM growth 3Y10.54%
PM growth 5Y8.4%
GM growth 3Y4.29%
GM growth 5Y2.26%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DECK is creating value.
Compared to 1 year ago, DECK has less shares outstanding
DECK has less shares outstanding than it did 5 years ago.
There is no outstanding debt for DECK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 11.52 indicates that DECK is not in any danger for bankruptcy at the moment.
The Altman-Z score of DECK (11.52) is better than 97.96% of its industry peers.
DECK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 11.52 |
ROIC/WACC3.27
WACC10.3%
2.3 Liquidity
A Current Ratio of 2.94 indicates that DECK has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.94, DECK belongs to the top of the industry, outperforming 89.80% of the companies in the same industry.
DECK has a Quick Ratio of 2.13. This indicates that DECK is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.13, DECK belongs to the best of the industry, outperforming 95.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.59% over the past year.
The Earnings Per Share has been growing by 31.31% on average over the past years. This is a very strong growth
Looking at the last year, DECK shows a quite strong growth in Revenue. The Revenue has grown by 15.49% in the last year.
Measured over the past years, DECK shows a quite strong growth in Revenue. The Revenue has been growing by 18.51% on average per year.
EPS 1Y (TTM)24.59%
EPS 3Y32.67%
EPS 5Y31.31%
EPS Q2Q%23.45%
Revenue 1Y (TTM)15.49%
Revenue growth 3Y16.53%
Revenue growth 5Y18.51%
Sales Q2Q%16.86%
3.2 Future
DECK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.44% yearly.
Based on estimates for the next years, DECK will show a small growth in Revenue. The Revenue will grow by 7.83% on average per year.
EPS Next Y1.95%
EPS Next 2Y5.9%
EPS Next 3Y8.94%
EPS Next 5Y9.44%
Revenue Next Year9.83%
Revenue Next 2Y8.93%
Revenue Next 3Y9.13%
Revenue Next 5Y7.83%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.17, the valuation of DECK can be described as rather expensive.
DECK's Price/Earnings is on the same level as the industry average.
DECK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
DECK is valuated correctly with a Price/Forward Earnings ratio of 16.66.
DECK's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of DECK to the average of the S&P500 Index (22.73), we can say DECK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.17 | ||
| Fwd PE | 16.66 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DECK.
DECK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DECK is cheaper than 69.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.97 | ||
| EV/EBITDA | 12.36 |
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 excellent profitability rating of DECK may justify a higher PE ratio.
PEG (NY)9.31
PEG (5Y)0.58
EPS Next 2Y5.9%
EPS Next 3Y8.94%
5. Dividend
5.1 Amount
DECK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
118.5
+0.63 (+0.53%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners102.22%
Inst Owner Change-2.11%
Ins Owners0.6%
Ins Owner Change2.98%
Market Cap17.58B
Analysts73.75
Price Target132.26 (11.61%)
Short Float %6.16%
Short Ratio2.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48.07%
Min EPS beat(2)33.29%
Max EPS beat(2)62.86%
EPS beat(4)4
Avg EPS beat(4)34.28%
Min EPS beat(4)15%
Max EPS beat(4)62.86%
EPS beat(8)8
Avg EPS beat(8)39.06%
EPS beat(12)12
Avg EPS beat(12)29.48%
EPS beat(16)15
Avg EPS beat(16)29.23%
Revenue beat(2)1
Avg Revenue beat(2)2.26%
Min Revenue beat(2)-0.41%
Max Revenue beat(2)4.94%
Revenue beat(4)3
Avg Revenue beat(4)3.72%
Min Revenue beat(4)-0.41%
Max Revenue beat(4)6.79%
Revenue beat(8)7
Avg Revenue beat(8)4.77%
Revenue beat(12)10
Avg Revenue beat(12)4.62%
Revenue beat(16)12
Avg Revenue beat(16)4.1%
PT rev (1m)0.26%
PT rev (3m)1.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.97%
EPS NY rev (1m)3.66%
EPS NY rev (3m)-1.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)1.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.17 | ||
| Fwd PE | 16.66 | ||
| P/S | 3.43 | ||
| P/FCF | 19.97 | ||
| P/OCF | 18.16 | ||
| P/B | 7.12 | ||
| P/tB | 7.21 | ||
| EV/EBITDA | 12.36 |
EPS(TTM)6.52
EY5.5%
EPS(NY)7.11
Fwd EY6%
FCF(TTM)5.94
FCFY5.01%
OCF(TTM)6.53
OCFY5.51%
SpS34.55
BVpS16.63
TBVpS16.43
PEG (NY)9.31
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.78% | ||
| ROE | 40.11% | ||
| ROCE | 43.39% | ||
| ROIC | 33.69% | ||
| ROICexc | 87.77% | ||
| ROICexgc | 90.27% | ||
| OM | 23.64% | ||
| PM (TTM) | 19.31% | ||
| GM | 57.63% | ||
| FCFM | 17.18% |
ROA(3y)23.83%
ROA(5y)21.71%
ROE(3y)34.58%
ROE(5y)31.92%
ROIC(3y)29.23%
ROIC(5y)27.24%
ROICexc(3y)75.95%
ROICexc(5y)68.18%
ROICexgc(3y)79.12%
ROICexgc(5y)71.99%
ROCE(3y)37.65%
ROCE(5y)35.08%
ROICexcg growth 3Y28.26%
ROICexcg growth 5Y24.35%
ROICexc growth 3Y29.34%
ROICexc growth 5Y25.51%
OM growth 3Y9.57%
OM growth 5Y8.3%
PM growth 3Y10.54%
PM growth 5Y8.4%
GM growth 3Y4.29%
GM growth 5Y2.26%
F-Score7
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 122.14% | ||
| Cap/Sales | 1.71% | ||
| Interest Coverage | 562.21 | ||
| Cash Conversion | 75.43% | ||
| Profit Quality | 88.96% | ||
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.13 | ||
| Altman-Z | 11.52 |
F-Score7
WACC10.3%
ROIC/WACC3.27
Cap/Depr(3y)149.58%
Cap/Depr(5y)129.44%
Cap/Sales(3y)2.02%
Cap/Sales(5y)1.79%
Profit Quality(3y)103.92%
Profit Quality(5y)97.21%
High Growth Momentum
Growth
EPS 1Y (TTM)24.59%
EPS 3Y32.67%
EPS 5Y31.31%
EPS Q2Q%23.45%
EPS Next Y1.95%
EPS Next 2Y5.9%
EPS Next 3Y8.94%
EPS Next 5Y9.44%
Revenue 1Y (TTM)15.49%
Revenue growth 3Y16.53%
Revenue growth 5Y18.51%
Sales Q2Q%16.86%
Revenue Next Year9.83%
Revenue Next 2Y8.93%
Revenue Next 3Y9.13%
Revenue Next 5Y7.83%
EBIT growth 1Y21.43%
EBIT growth 3Y27.68%
EBIT growth 5Y28.34%
EBIT Next Year8.75%
EBIT Next 3Y10.26%
EBIT Next 5Y6.05%
FCF growth 1Y48.64%
FCF growth 3Y99.15%
FCF growth 5Y30.43%
OCF growth 1Y39.97%
OCF growth 3Y82.32%
OCF growth 5Y29.54%