BOOT BARN HOLDINGS INC (BOOT) Stock Fundamental Analysis
NYSE:BOOT - New York Stock Exchange, Inc. - US0994061002 - Common Stock - Currency: USD
BOOT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 120 industry peers in the Specialty Retail industry. BOOT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. BOOT has a decent growth rate and is not valued too expensively. These ratings would make BOOT suitable for quality investing!
1. Profitability
1.1 Basic Checks
BOOT had positive earnings in the past year.
In the past year BOOT had a positive cash flow from operations.
BOOT had positive earnings in each of the past 5 years.
BOOT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 8.59%, BOOT belongs to the best of the industry, outperforming 82.05% of the companies in the same industry.
The Return On Equity of BOOT (15.86%) is better than 73.50% of its industry peers.
BOOT has a Return On Invested Capital of 10.76%. This is in the better half of the industry: BOOT outperforms 75.21% of its industry peers.
BOOT had an Average Return On Invested Capital over the past 3 years of 15.63%. This is above the industry average of 12.30%.
The 3 year average ROIC (15.63%) for BOOT is well above the current ROIC(10.76%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.59% | ||
| ROE | 15.86% | ||
| ROIC | 10.76% |
ROA(3y)11.97%
ROA(5y)9.49%
ROE(3y)23.22%
ROE(5y)19.92%
ROIC(3y)15.63%
ROIC(5y)12.69%
1.3 Margins
BOOT has a Profit Margin of 9.37%. This is amongst the best in the industry. BOOT outperforms 89.74% of its industry peers.
BOOT's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 12.46%, BOOT belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
In the last couple of years the Operating Margin of BOOT has grown nicely.
The Gross Margin of BOOT (37.27%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of BOOT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.46% | ||
| PM (TTM) | 9.37% | ||
| GM | 37.27% |
OM growth 3Y7.55%
OM growth 5Y7.74%
PM growth 3Y9.9%
PM growth 5Y11.94%
GM growth 3Y3.75%
GM growth 5Y2.64%
2. Health
2.1 Basic Checks
BOOT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, BOOT has more shares outstanding
Compared to 5 years ago, BOOT has more shares outstanding
BOOT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.82 indicates that BOOT is not in any danger for bankruptcy at the moment.
The Altman-Z score of BOOT (4.82) is better than 86.32% of its industry peers.
BOOT has a debt to FCF ratio of 0.29. This is a very positive value and a sign of high solvency as it would only need 0.29 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.29, BOOT belongs to the best of the industry, outperforming 82.91% of the companies in the same industry.
A Debt/Equity ratio of 0.01 indicates that BOOT is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.01, BOOT is in the better half of the industry, outperforming 72.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 4.82 |
ROIC/WACC1.04
WACC10.32%
2.3 Liquidity
A Current Ratio of 2.20 indicates that BOOT has no problem at all paying its short term obligations.
BOOT has a better Current ratio (2.20) than 84.62% of its industry peers.
A Quick Ratio of 0.51 indicates that BOOT may have some problems paying its short term obligations.
With a Quick ratio value of 0.51, BOOT perfoms like the industry average, outperforming 51.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.2 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.28% over the past year.
The Earnings Per Share has been growing by 30.46% on average over the past years. This is a very strong growth
Looking at the last year, BOOT shows a quite strong growth in Revenue. The Revenue has grown by 8.30% in the last year.
Measured over the past years, BOOT shows a quite strong growth in Revenue. The Revenue has been growing by 16.50% on average per year.
EPS 1Y (TTM)4.28%
EPS 3Y33.89%
EPS 5Y30.46%
EPS Q2Q%34.25%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y23.11%
Revenue growth 5Y16.5%
Sales Q2Q%16.87%
3.2 Future
BOOT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.50% yearly.
Based on estimates for the next years, BOOT will show a quite strong growth in Revenue. The Revenue will grow by 9.16% on average per year.
EPS Next Y25.27%
EPS Next 2Y20.87%
EPS Next 3Y19.15%
EPS Next 5Y14.5%
Revenue Next Year15.2%
Revenue Next 2Y15.02%
Revenue Next 3Y14.37%
Revenue Next 5Y9.16%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
BOOT is valuated rather expensively with a Price/Earnings ratio of 22.92.
62.39% of the companies in the same industry are more expensive than BOOT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BOOT to the average of the S&P500 Index (29.63), we can say BOOT is valued slightly cheaper.
A Price/Forward Earnings ratio of 18.30 indicates a rather expensive valuation of BOOT.
Based on the Price/Forward Earnings ratio, BOOT is valued a bit cheaper than 64.96% of the companies in the same industry.
BOOT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.92 | ||
| Fwd PE | 18.3 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BOOT is on the same level as its industry peers.
BOOT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 77.79 | ||
| EV/EBITDA | 13.49 |
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.
BOOT has an outstanding profitability rating, which may justify a higher PE ratio.
BOOT's earnings are expected to grow with 19.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.91
PEG (5Y)0.75
EPS Next 2Y20.87%
EPS Next 3Y19.15%
5. Dividend
5.1 Amount
No dividends for BOOT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
128.33
-3.88 (-2.93%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners118.55%
Inst Owner Change5.41%
Ins Owners0.76%
Ins Owner Change-19.65%
Market Cap3.93B
Analysts85.71
Price Target191.92 (49.55%)
Short Float %7.64%
Short Ratio2.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.64%
Min EPS beat(2)-2.2%
Max EPS beat(2)0.93%
EPS beat(4)3
Avg EPS beat(4)4.97%
Min EPS beat(4)-2.2%
Max EPS beat(4)14.79%
EPS beat(8)6
Avg EPS beat(8)6.98%
EPS beat(12)9
Avg EPS beat(12)7.32%
EPS beat(16)13
Avg EPS beat(16)15.08%
Revenue beat(2)0
Avg Revenue beat(2)-1.58%
Min Revenue beat(2)-1.77%
Max Revenue beat(2)-1.38%
Revenue beat(4)0
Avg Revenue beat(4)-1.14%
Min Revenue beat(4)-1.77%
Max Revenue beat(4)-0.36%
Revenue beat(8)1
Avg Revenue beat(8)-1.34%
Revenue beat(12)3
Avg Revenue beat(12)-0.71%
Revenue beat(16)6
Avg Revenue beat(16)0.56%
PT rev (1m)6.5%
PT rev (3m)7.68%
EPS NQ rev (1m)0.39%
EPS NQ rev (3m)17.63%
EPS NY rev (1m)7.04%
EPS NY rev (3m)7.04%
Revenue NQ rev (1m)1.39%
Revenue NQ rev (3m)6.69%
Revenue NY rev (1m)1.19%
Revenue NY rev (3m)1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.92 | ||
| Fwd PE | 18.3 | ||
| P/S | 2.13 | ||
| P/FCF | 77.79 | ||
| P/OCF | 21.07 | ||
| P/B | 3.6 | ||
| P/tB | 4.7 | ||
| EV/EBITDA | 13.49 |
EPS(TTM)5.6
EY4.36%
EPS(NY)7.01
Fwd EY5.46%
FCF(TTM)1.65
FCFY1.29%
OCF(TTM)6.09
OCFY4.75%
SpS60.34
BVpS35.65
TBVpS27.28
PEG (NY)0.91
PEG (5Y)0.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.59% | ||
| ROE | 15.86% | ||
| ROCE | 14.34% | ||
| ROIC | 10.76% | ||
| ROICexc | 11.89% | ||
| ROICexgc | 14.44% | ||
| OM | 12.46% | ||
| PM (TTM) | 9.37% | ||
| GM | 37.27% | ||
| FCFM | 2.73% |
ROA(3y)11.97%
ROA(5y)9.49%
ROE(3y)23.22%
ROE(5y)19.92%
ROIC(3y)15.63%
ROIC(5y)12.69%
ROICexc(3y)16.08%
ROICexc(5y)13.32%
ROICexgc(3y)21.48%
ROICexgc(5y)18.96%
ROCE(3y)21.53%
ROCE(5y)17.75%
ROICexcg growth 3Y-5.93%
ROICexcg growth 5Y-9.31%
ROICexc growth 3Y4.03%
ROICexc growth 5Y2.04%
OM growth 3Y7.55%
OM growth 5Y7.74%
PM growth 3Y9.9%
PM growth 5Y11.94%
GM growth 3Y3.75%
GM growth 5Y2.64%
F-Score6
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 228.07% | ||
| Cap/Sales | 7.36% | ||
| Interest Coverage | 153.24 | ||
| Cash Conversion | 64.34% | ||
| Profit Quality | 29.18% | ||
| Current Ratio | 2.2 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 4.82 |
F-Score6
WACC10.32%
ROIC/WACC1.04
Cap/Depr(3y)268.61%
Cap/Depr(5y)219.4%
Cap/Sales(3y)6.23%
Cap/Sales(5y)5.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.28%
EPS 3Y33.89%
EPS 5Y30.46%
EPS Q2Q%34.25%
EPS Next Y25.27%
EPS Next 2Y20.87%
EPS Next 3Y19.15%
EPS Next 5Y14.5%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y23.11%
Revenue growth 5Y16.5%
Sales Q2Q%16.87%
Revenue Next Year15.2%
Revenue Next 2Y15.02%
Revenue Next 3Y14.37%
Revenue Next 5Y9.16%
EBIT growth 1Y3.31%
EBIT growth 3Y32.4%
EBIT growth 5Y25.52%
EBIT Next Year56.99%
EBIT Next 3Y26.71%
EBIT Next 5Y16.03%
FCF growth 1Y142.62%
FCF growth 3Y-2.74%
FCF growth 5Y26.79%
OCF growth 1Y1376.08%
OCF growth 3Y14.83%
OCF growth 5Y30.12%