DECKERS OUTDOOR CORP (DECK) Stock Fundamental Analysis
NYSE:DECK - New York Stock Exchange, Inc. - US2435371073 - Common Stock - Currency: USD
Overall DECK gets a fundamental rating of 7 out of 10. We evaluated DECK against 49 industry peers in the Textiles, Apparel & Luxury Goods industry. DECK has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. DECK has a decent growth rate and is not valued too expensively. These ratings would make DECK suitable for quality investing!
1. Profitability
1.1 Basic Checks
DECK had positive earnings in the past year.
DECK had a positive operating cash flow in the past year.
In the past 5 years DECK has always been profitable.
Each year in the past 5 years DECK had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 27.06%, DECK belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Equity value of 38.44%, DECK belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 32.69%, DECK belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
DECK had an Average Return On Invested Capital over the past 3 years of 29.23%. This is significantly above the industry average of 11.45%.
The last Return On Invested Capital (32.69%) for DECK is above the 3 year average (29.23%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 27.06% | ||
| ROE | 38.44% | ||
| ROIC | 32.69% |
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 has a better Profit Margin (19.38%) than 97.92% of its industry peers.
DECK's Profit Margin has improved in the last couple of years.
DECK's Operating Margin of 23.65% is amongst the best of the industry. DECK outperforms 95.83% of its industry peers.
In the last couple of years the Operating Margin of DECK has grown nicely.
DECK has a Gross Margin of 57.88%. This is in the better half of the industry: DECK outperforms 68.75% of its industry peers.
In the last couple of years the Gross Margin of DECK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.65% | ||
| PM (TTM) | 19.38% | ||
| GM | 57.88% |
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
DECK has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, DECK has less shares outstanding
Compared to 5 years ago, DECK has less shares outstanding
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
DECK has an Altman-Z score of 13.10. This indicates that DECK is financially healthy and has little risk of bankruptcy at the moment.
DECK's Altman-Z score of 13.10 is amongst the best of the industry. DECK outperforms 100.00% 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 | 13.1 |
ROIC/WACC3.21
WACC10.17%
2.3 Liquidity
A Current Ratio of 3.72 indicates that DECK has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.72, DECK belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
DECK has a Quick Ratio of 3.07. This indicates that DECK is financially healthy and has no problem in meeting its short term obligations.
DECK has a Quick ratio of 3.07. This is amongst the best in the industry. DECK outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.72 | ||
| Quick Ratio | 3.07 |
3. Growth
3.1 Past
DECK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.94%, which is quite impressive.
DECK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.31% yearly.
DECK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.28%.
DECK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.51% yearly.
EPS 1Y (TTM)29.94%
EPS 3Y32.67%
EPS 5Y31.31%
EPS Q2Q%21.21%
Revenue 1Y (TTM)16.28%
Revenue growth 3Y16.53%
Revenue growth 5Y18.51%
Sales Q2Q%6.46%
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 9.07% yearly.
DECK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.56% yearly.
EPS Next Y-1.52%
EPS Next 2Y4.04%
EPS Next 3Y7.63%
EPS Next 5Y9.07%
Revenue Next Year8.6%
Revenue Next 2Y8.23%
Revenue Next 3Y8.98%
Revenue Next 5Y7.56%
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
Based on the Price/Earnings ratio of 16.75, the valuation of DECK can be described as correct.
Based on the Price/Earnings ratio, DECK is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
DECK is valuated rather cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
DECK is valuated rather expensively with a Price/Forward Earnings ratio of 17.00.
DECK's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.90. DECK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.75 | ||
| Fwd PE | 17 |
4.2 Price Multiples
DECK's Enterprise Value to EBITDA is on the same level as the industry average.
DECK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DECK is cheaper than 64.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.56 | ||
| EV/EBITDA | 11.2 |
4.3 Compensation for Growth
The excellent profitability rating of DECK may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2Y4.04%
EPS Next 3Y7.63%
5. Dividend
5.1 Amount
No dividends for DECK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
106.2
-0.06 (-0.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners101.61%
Inst Owner Change4.07%
Ins Owners0.61%
Ins Owner Change-6.93%
Market Cap15.87B
Analysts76
Price Target130.24 (22.64%)
Short Float %4.16%
Short Ratio1.88
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)38.93%
Min EPS beat(2)15%
Max EPS beat(2)62.86%
EPS beat(4)4
Avg EPS beat(4)32.81%
Min EPS beat(4)15%
Max EPS beat(4)62.86%
EPS beat(8)8
Avg EPS beat(8)35.68%
EPS beat(12)12
Avg EPS beat(12)29.77%
EPS beat(16)15
Avg EPS beat(16)210.52%
Revenue beat(2)1
Avg Revenue beat(2)1.58%
Min Revenue beat(2)-0.41%
Max Revenue beat(2)3.58%
Revenue beat(4)3
Avg Revenue beat(4)2.53%
Min Revenue beat(4)-0.41%
Max Revenue beat(4)6.79%
Revenue beat(8)6
Avg Revenue beat(8)4.07%
Revenue beat(12)10
Avg Revenue beat(12)4.74%
Revenue beat(16)12
Avg Revenue beat(16)5.14%
PT rev (1m)-25.32%
PT rev (3m)-42.66%
EPS NQ rev (1m)-16.61%
EPS NQ rev (3m)-17.85%
EPS NY rev (1m)-5.05%
EPS NY rev (3m)-8.13%
Revenue NQ rev (1m)-3.52%
Revenue NQ rev (3m)-4.01%
Revenue NY rev (1m)-1.43%
Revenue NY rev (3m)-2.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.75 | ||
| Fwd PE | 17 | ||
| P/S | 3.18 | ||
| P/FCF | 16.56 | ||
| P/OCF | 15.19 | ||
| P/B | 6.32 | ||
| P/tB | 6.39 | ||
| EV/EBITDA | 11.2 |
EPS(TTM)6.34
EY5.97%
EPS(NY)6.25
Fwd EY5.88%
FCF(TTM)6.41
FCFY6.04%
OCF(TTM)6.99
OCFY6.58%
SpS33.36
BVpS16.82
TBVpS16.62
PEG (NY)N/A
PEG (5Y)0.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 27.06% | ||
| ROE | 38.44% | ||
| ROCE | 42.11% | ||
| ROIC | 32.69% | ||
| ROICexc | 100.48% | ||
| ROICexgc | 103.87% | ||
| OM | 23.65% | ||
| PM (TTM) | 19.38% | ||
| GM | 57.88% | ||
| FCFM | 19.22% |
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-Score9
Asset Turnover1.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 124.25% | ||
| Cap/Sales | 1.73% | ||
| Interest Coverage | 659.08 | ||
| Cash Conversion | 83.67% | ||
| Profit Quality | 99.2% | ||
| Current Ratio | 3.72 | ||
| Quick Ratio | 3.07 | ||
| Altman-Z | 13.1 |
F-Score9
WACC10.17%
ROIC/WACC3.21
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)29.94%
EPS 3Y32.67%
EPS 5Y31.31%
EPS Q2Q%21.21%
EPS Next Y-1.52%
EPS Next 2Y4.04%
EPS Next 3Y7.63%
EPS Next 5Y9.07%
Revenue 1Y (TTM)16.28%
Revenue growth 3Y16.53%
Revenue growth 5Y18.51%
Sales Q2Q%6.46%
Revenue Next Year8.6%
Revenue Next 2Y8.23%
Revenue Next 3Y8.98%
Revenue Next 5Y7.56%
EBIT growth 1Y26.01%
EBIT growth 3Y27.68%
EBIT growth 5Y28.34%
EBIT Next Year9.28%
EBIT Next 3Y9.84%
EBIT Next 5Y7.28%
FCF growth 1Y1.54%
FCF growth 3Y99.15%
FCF growth 5Y30.43%
OCF growth 1Y1.1%
OCF growth 3Y82.32%
OCF growth 5Y29.54%