DECKERS OUTDOOR CORP (DECK) Stock Fundamental Analysis
NYSE:DECK - New York Stock Exchange, Inc. - US2435371073 - Common Stock - Currency: USD
Taking everything into account, DECK scores 7 out of 10 in our fundamental rating. DECK was compared to 50 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
In the past year DECK was profitable.
In the past year DECK had a positive cash flow from operations.
DECK had positive earnings in each of the past 5 years.
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 27.06%, DECK belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 38.44%, DECK belongs to the top of the industry, outperforming 92.00% of the companies in the same industry.
DECK has a Return On Invested Capital of 32.69%. This is amongst the best in the industry. DECK outperforms 100.00% 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 11.17%.
The 3 year average ROIC (29.23%) for DECK is below the current ROIC(32.69%), indicating increased profibility in the last year.
| 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
The Profit Margin of DECK (19.38%) is better than 98.00% of its industry peers.
In the last couple of years the Profit Margin of DECK has grown nicely.
The Operating Margin of DECK (23.65%) is better than 96.00% of its industry peers.
DECK's Operating Margin has improved in the last couple of years.
The Gross Margin of DECK (57.88%) is better than 70.00% of its industry peers.
DECK's Gross Margin has improved in the last couple of years.
| 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.
DECK has less shares outstanding than it did 1 year ago.
The number of shares outstanding for DECK has been reduced compared to 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 12.74 indicates that DECK is not in any danger for bankruptcy at the moment.
The Altman-Z score of DECK (12.74) is better than 100.00% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 12.74 |
ROIC/WACC3.6
WACC9.08%
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 92.00% of the companies in the same industry.
A Quick Ratio of 3.07 indicates that DECK has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 3.07, DECK belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| 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.
Looking at the last year, DECK shows a quite strong growth in Revenue. The Revenue has grown by 16.28% in the last year.
The Revenue has been growing by 18.51% on average over the past years. This is quite good.
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.
Based on estimates for the next years, DECK will show a small growth in Revenue. The Revenue will grow by 7.56% on average per year.
EPS Next Y-1.64%
EPS Next 2Y3.93%
EPS Next 3Y7.75%
EPS Next 5Y9.07%
Revenue Next Year8.57%
Revenue Next 2Y8.17%
Revenue Next 3Y8.62%
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
DECK is valuated correctly with a Price/Earnings ratio of 16.07.
Compared to the rest of the industry, the Price/Earnings ratio of DECK indicates a somewhat cheap valuation: DECK is cheaper than 72.00% of the companies listed in the same industry.
DECK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.50.
A Price/Forward Earnings ratio of 16.33 indicates a correct valuation of DECK.
DECK's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of DECK to the average of the S&P500 Index (36.44), we can say DECK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.07 | ||
| Fwd PE | 16.33 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DECK is on the same level as its industry peers.
DECK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DECK is cheaper than 62.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.89 | ||
| EV/EBITDA | 10.69 |
4.3 Compensation for Growth
The excellent profitability rating of DECK may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.51
EPS Next 2Y3.93%
EPS Next 3Y7.75%
5. Dividend
5.1 Amount
DECK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
101.91
+0.69 (+0.68%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners101.61%
Inst Owner Change0.45%
Ins Owners0.61%
Ins Owner Change-6.93%
Market Cap15.23B
Analysts74.84
Price Target128.41 (26%)
Short Float %5.54%
Short Ratio2.35
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)-1.41%
PT rev (3m)-42.39%
EPS NQ rev (1m)-0.24%
EPS NQ rev (3m)-16.81%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)-6.43%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-3.55%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.07 | ||
| Fwd PE | 16.33 | ||
| P/S | 3.05 | ||
| P/FCF | 15.89 | ||
| P/OCF | 14.58 | ||
| P/B | 6.06 | ||
| P/tB | 6.13 | ||
| EV/EBITDA | 10.69 |
EPS(TTM)6.34
EY6.22%
EPS(NY)6.24
Fwd EY6.12%
FCF(TTM)6.41
FCFY6.29%
OCF(TTM)6.99
OCFY6.86%
SpS33.36
BVpS16.82
TBVpS16.62
PEG (NY)N/A
PEG (5Y)0.51
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 | 12.74 |
F-Score9
WACC9.08%
ROIC/WACC3.6
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-1.64%
EPS Next 2Y3.93%
EPS Next 3Y7.75%
EPS Next 5Y9.07%
Revenue 1Y (TTM)16.28%
Revenue growth 3Y16.53%
Revenue growth 5Y18.51%
Sales Q2Q%6.46%
Revenue Next Year8.57%
Revenue Next 2Y8.17%
Revenue Next 3Y8.62%
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%