DECKERS OUTDOOR CORP (DECK)
US2435371073 - Common Stock
We assign a fundamental rating of 7 out of 10 to DECK. DECK was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. DECK scores excellent points on both the profitability and health parts. This is a solid base for a good stock. DECK is valued quite expensive, but it does show an excellent growth. These ratings could make DECK a good candidate for growth and 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
Looking at the Return On Assets, with a value of 21.62%, DECK belongs to the top of the industry, outperforming 98.00% of the companies in the same industry.
DECK's Return On Equity of 34.40% is amongst the best of the industry. DECK outperforms 88.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 28.98%, 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 24.80%. This is significantly above the industry average of 10.04%.
The 3 year average ROIC (24.80%) for DECK is below the current ROIC(28.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.62% | ||
| ROE | 34.4% | ||
| ROIC | 28.98% |
ROA(3y)19.08%
ROA(5y)18.28%
ROE(3y)28.38%
ROE(5y)26.93%
ROIC(3y)24.8%
ROIC(5y)22.92%
1.3 Margins
The Profit Margin of DECK (17.57%) is better than 98.00% of its industry peers.
In the last couple of years the Profit Margin of DECK has grown nicely.
DECK's Operating Margin of 21.60% is amongst the best of the industry. DECK outperforms 96.00% of its industry peers.
DECK's Operating Margin has improved in the last couple of years.
DECK has a Gross Margin of 54.43%. This is in the better half of the industry: DECK outperforms 66.00% of its industry peers.
In the last couple of years the Gross Margin of DECK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.6% | ||
| PM (TTM) | 17.57% | ||
| GM | 54.43% |
OM growth 3Y4.37%
OM growth 5Y9.37%
PM growth 3Y3.24%
PM growth 5Y18.84%
GM growth 3Y-0.93%
GM growth 5Y0.56%
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.
DECK has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, DECK has less shares outstanding
DECK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
DECK has an Altman-Z score of 14.07. This indicates that DECK is financially healthy and has little risk of bankruptcy at the moment.
DECK's Altman-Z score of 14.07 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 | 14.07 |
ROIC/WACC3.03
WACC9.56%
2.3 Liquidity
A Current Ratio of 2.86 indicates that DECK has no problem at all paying its short term obligations.
The Current ratio of DECK (2.86) is better than 74.00% of its industry peers.
DECK has a Quick Ratio of 2.27. This indicates that DECK is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.27, DECK belongs to the best of the industry, outperforming 84.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.86 | ||
| Quick Ratio | 2.27 |
3. Growth
3.1 Past
DECK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.68%, which is quite impressive.
The Earnings Per Share has been growing by 27.62% 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 15.34% in the last year.
The Revenue has been growing by 13.77% on average over the past years. This is quite good.
EPS 1Y (TTM)50.68%
EPS 3Y25.78%
EPS 5Y27.62%
EPS growth Q2Q44.18%
Revenue 1Y (TTM)15.34%
Revenue growth 3Y19.37%
Revenue growth 5Y13.77%
Revenue growth Q2Q15.96%
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 15.21% yearly.
The Revenue is expected to grow by 9.95% on average over the next years. This is quite good.
EPS Next Y41.25%
EPS Next 2Y26.29%
EPS Next 3Y22.19%
EPS Next 5Y15.21%
Revenue Next Year17.98%
Revenue Next 2Y14.71%
Revenue Next 3Y13.66%
Revenue Next 5Y9.95%
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 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
DECK is valuated quite expensively with a Price/Earnings ratio of 30.64.
The rest of the industry has a similar Price/Earnings ratio as DECK.
Compared to an average S&P500 Price/Earnings ratio of 25.25, DECK is valued a bit more expensive.
The Price/Forward Earnings ratio is 27.53, which means the current valuation is very expensive for DECK.
Based on the Price/Forward Earnings ratio, DECK is valued a bit more expensive than 62.00% of the companies in the same industry.
DECK is valuated rather expensively when we compare the Price/Forward Earnings ratio to 21.67, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.64 | ||
| Fwd PE | 27.53 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DECK indicates a slightly more expensive valuation: DECK is more expensive than 64.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, DECK is valued a bit more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.38 | ||
| EV/EBITDA | 21.42 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of DECK may justify a higher PE ratio.
A more expensive valuation may be justified as DECK's earnings are expected to grow with 22.19% in the coming years.
PEG (NY)0.74
PEG (5Y)1.11
EPS Next 2Y26.29%
EPS Next 3Y22.19%
5. Dividend
5.1 Amount
DECK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DECKERS OUTDOOR CORP
NYSE:DECK (4/24/2024, 8:54:42 PM)
Premarket: 835.14 -16.57 (-1.95%)851.71
+22.28 (+2.69%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap21.86B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.64 | ||
| Fwd PE | 27.53 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.74
PEG (5Y)1.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.62% | ||
| ROE | 34.4% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 21.6% | ||
| PM (TTM) | 17.57% | ||
| GM | 54.43% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.86 | ||
| Quick Ratio | 2.27 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)50.68%
EPS 3Y25.78%
EPS 5Y
EPS growth Q2Q
EPS Next Y41.25%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.34%
Revenue growth 3Y19.37%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y