BUCKLE INC/THE (BKE)
US1184401065 - Common Stock
Overall BKE gets a fundamental rating of 7 out of 10. We evaluated BKE against 123 industry peers in the Specialty Retail industry. BKE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. BKE is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BKE was profitable.
In the past year BKE had a positive cash flow from operations.
Each year in the past 5 years BKE has been profitable.
Each year in the past 5 years BKE had a positive operating cash flow.
1.2 Ratios
BKE has a better Return On Assets (21.85%) than 99.17% of its industry peers.
BKE has a Return On Equity of 44.79%. This is amongst the best in the industry. BKE outperforms 91.74% of its industry peers.
With an excellent Return On Invested Capital value of 26.02%, BKE belongs to the best of the industry, outperforming 93.39% of the companies in the same industry.
BKE had an Average Return On Invested Capital over the past 3 years of 39.84%. This is significantly above the industry average of 12.26%.
The 3 year average ROIC (39.84%) for BKE is well above the current ROIC(26.02%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.85% | ||
| ROE | 44.79% | ||
| ROIC | 26.02% |
ROA(3y)29.25%
ROA(5y)23.03%
ROE(3y)67.44%
ROE(5y)52.39%
ROIC(3y)39.84%
ROIC(5y)30.78%
1.3 Margins
Looking at the Profit Margin, with a value of 16.69%, BKE belongs to the top of the industry, outperforming 99.17% of the companies in the same industry.
In the last couple of years the Profit Margin of BKE has grown nicely.
Looking at the Operating Margin, with a value of 20.41%, BKE belongs to the top of the industry, outperforming 98.35% of the companies in the same industry.
In the last couple of years the Operating Margin of BKE has grown nicely.
BKE has a better Gross Margin (48.80%) than 76.86% of its industry peers.
In the last couple of years the Gross Margin of BKE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.41% | ||
| PM (TTM) | 16.69% | ||
| GM | 48.8% |
OM growth 3Y4.86%
OM growth 5Y9.5%
PM growth 3Y6.5%
PM growth 5Y10.06%
GM growth 3Y3.36%
GM growth 5Y3.49%
2. Health
2.1 Basic Checks
BKE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for BKE has been increased compared to 1 year ago.
The number of shares outstanding for BKE has been increased compared to 5 years ago.
There is no outstanding debt for BKE. 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 5.90 indicates that BKE is not in any danger for bankruptcy at the moment.
BKE's Altman-Z score of 5.90 is amongst the best of the industry. BKE outperforms 90.08% of its industry peers.
BKE 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 | 5.9 |
ROIC/WACC2.73
WACC9.54%
2.3 Liquidity
BKE has a Current Ratio of 2.28. This indicates that BKE is financially healthy and has no problem in meeting its short term obligations.
BKE has a Current ratio of 2.28. This is amongst the best in the industry. BKE outperforms 84.30% of its industry peers.
BKE has a Quick Ratio of 1.64. This is a normal value and indicates that BKE is financially healthy and should not expect problems in meeting its short term obligations.
BKE has a better Quick ratio (1.64) than 83.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
The earnings per share for BKE have decreased strongly by -14.23% in the last year.
The Earnings Per Share has been growing by 17.61% on average over the past years. This is quite good.
BKE shows a decrease in Revenue. In the last year, the revenue decreased by -6.00%.
The Revenue has been growing slightly by 7.33% on average over the past years.
EPS 1Y (TTM)-14.23%
EPS 3Y18.5%
EPS 5Y17.61%
EPS Q2Q%-15.22%
Revenue 1Y (TTM)-6%
Revenue growth 3Y11.85%
Revenue growth 5Y7.33%
Sales Q2Q%-3.43%
3.2 Future
Based on estimates for the next years, BKE will show a decrease in Earnings Per Share. The EPS will decrease by -4.11% on average per year.
The Revenue is expected to decrease by -0.42% on average over the next years.
EPS Next Y-17.44%
EPS Next 2Y-7.33%
EPS Next 3Y-4.11%
EPS Next 5YN/A
Revenue Next Year-6.04%
Revenue Next 2Y-1.78%
Revenue Next 3Y-0.42%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
With a Price/Earnings ratio of 11.62, the valuation of BKE can be described as very reasonable.
81.82% of the companies in the same industry are more expensive than BKE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.96. BKE is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 12.58, the valuation of BKE can be described as correct.
Based on the Price/Forward Earnings ratio, BKE is valued a bit cheaper than 74.38% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.82. BKE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 12.58 |
4.2 Price Multiples
72.73% of the companies in the same industry are more expensive than BKE, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BKE is valued cheaper than 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.58 | ||
| EV/EBITDA | 7.56 |
4.3 Compensation for Growth
The excellent profitability rating of BKE may justify a higher PE ratio.
A cheap valuation may be justified as BKE's earnings are expected to decrease with -4.11% in the coming years.
PEG (NY)N/A
PEG (5Y)0.66
EPS Next 2Y-7.33%
EPS Next 3Y-4.11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.96%, BKE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.09, BKE pays a better dividend. On top of this BKE pays more dividend than 90.91% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.23, BKE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
The dividend of BKE is nicely growing with an annual growth rate of 14.39%!
BKE has paid a dividend for at least 10 years, which is a reliable track record.
BKE has decreased its dividend recently.
Dividend Growth(5Y)14.39%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
BKE pays out 95.88% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of BKE has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP95.88%
EPS Next 2Y-7.33%
EPS Next 3Y-4.11%
BUCKLE INC/THE
NYSE:BKE (11/21/2024, 8:15:13 PM)
After market: 48 +0.35 (+0.73%)47.65
+0.43 (+0.91%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.42B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 12.58 | ||
| 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)N/A
PEG (5Y)0.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.85% | ||
| ROE | 44.79% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 20.41% | ||
| PM (TTM) | 16.69% | ||
| GM | 48.8% | ||
| 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 Turnover1.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.64 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)-14.23%
EPS 3Y18.5%
EPS 5Y
EPS Q2Q%
EPS Next Y-17.44%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-6%
Revenue growth 3Y11.85%
Revenue growth 5Y
Sales 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