BOOT BARN HOLDINGS INC (BOOT)
US0994061002 - Common Stock
Overall BOOT gets a fundamental rating of 6 out of 10. We evaluated BOOT against 122 industry peers in the Specialty Retail industry. BOOT scores excellent on profitability, but there are some minor concerns on its financial health. BOOT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BOOT was profitable.
In the past year BOOT had a positive cash flow from operations.
BOOT had positive earnings in each of the past 5 years.
Each year in the past 5 years BOOT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.22%, BOOT belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
BOOT's Return On Equity of 15.09% is fine compared to the rest of the industry. BOOT outperforms 74.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.22%, BOOT is in the better half of the industry, outperforming 76.86% of the companies in the same industry.
BOOT had an Average Return On Invested Capital over the past 3 years of 15.63%. This is above the industry average of 12.03%.
The 3 year average ROIC (15.63%) for BOOT is well above the current ROIC(10.22%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.22% | ||
| ROE | 15.09% | ||
| ROIC | 10.22% |
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 better Profit Margin (8.73%) than 90.08% of its industry peers.
In the last couple of years the Profit Margin of BOOT has grown nicely.
The Operating Margin of BOOT (11.69%) is better than 87.60% of its industry peers.
BOOT's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 36.87%, BOOT is in line with its industry, outperforming 51.24% of the companies in the same industry.
In the last couple of years the Gross Margin of BOOT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.69% | ||
| PM (TTM) | 8.73% | ||
| GM | 36.87% |
OM growth 3Y7.53%
OM growth 5Y7.73%
PM growth 3Y9.87%
PM growth 5Y11.93%
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.
The number of shares outstanding for BOOT has been increased compared to 1 year ago.
The number of shares outstanding for BOOT has been increased compared to 5 years ago.
The debt/assets ratio for BOOT has been reduced compared to a year ago.
2.2 Solvency
BOOT has an Altman-Z score of 5.34. This indicates that BOOT is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 5.34, BOOT belongs to the best of the industry, outperforming 86.78% of the companies in the same industry.
The Debt to FCF ratio of BOOT is 3.21, which is a good value as it means it would take BOOT, 3.21 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.21, BOOT is in the better half of the industry, outperforming 71.07% of the companies in the same industry.
BOOT has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
BOOT has a Debt to Equity ratio of 0.01. This is in the better half of the industry: BOOT outperforms 73.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 3.21 | ||
| Altman-Z | 5.34 |
ROIC/WACC1
WACC10.22%
2.3 Liquidity
A Current Ratio of 2.25 indicates that BOOT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.25, BOOT belongs to the top of the industry, outperforming 83.47% of the companies in the same industry.
A Quick Ratio of 0.26 indicates that BOOT may have some problems paying its short term obligations.
BOOT has a Quick ratio of 0.26. This is amonst the worse of the industry: BOOT underperforms 80.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
The earnings per share for BOOT have decreased by -6.04% in the last year.
The Earnings Per Share has been growing by 30.46% on average over the past years. This is a very strong growth
BOOT shows a small growth in Revenue. In the last year, the Revenue has grown by 3.51%.
BOOT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.50% yearly.
EPS 1Y (TTM)-6.04%
EPS 3Y33.89%
EPS 5Y30.46%
EPS Q2Q%5.56%
Revenue 1Y (TTM)3.51%
Revenue growth 3Y23.11%
Revenue growth 5Y16.5%
Sales Q2Q%13.71%
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 Y17.03%
EPS Next 2Y18.31%
EPS Next 3Y17.98%
EPS Next 5Y14.5%
Revenue Next Year13.91%
Revenue Next 2Y13.99%
Revenue Next 3Y13.5%
Revenue Next 5Y9.16%
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
Based on the Price/Earnings ratio of 29.67, the valuation of BOOT can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as BOOT.
The average S&P500 Price/Earnings ratio is at 27.73. BOOT is around the same levels.
A Price/Forward Earnings ratio of 21.99 indicates a rather expensive valuation of BOOT.
The rest of the industry has a similar Price/Forward Earnings ratio as BOOT.
The average S&P500 Price/Forward Earnings ratio is at 22.83. BOOT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.67 | ||
| Fwd PE | 21.99 |
4.2 Price Multiples
BOOT's Enterprise Value to EBITDA is on the same level as the industry average.
BOOT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 972.79 | ||
| EV/EBITDA | 16.95 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 17.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.74
PEG (5Y)0.97
EPS Next 2Y18.31%
EPS Next 3Y17.98%
5. Dividend
5.1 Amount
No dividends for BOOT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BOOT BARN HOLDINGS INC
NYSE:BOOT (12/20/2024, 8:04:01 PM)
After market: 148.57 +0.82 (+0.55%)147.75
+1.47 (+1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners108.74%
Inst Owner Change-7.19%
Ins Owners0.68%
Ins Owner Change-19.78%
Market Cap4.51B
Analysts83
Price Target180.2 (21.96%)
Short Float %7.06%
Short Ratio2.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)6.29%
Min EPS beat(2)-2.2%
Max EPS beat(2)14.79%
EPS beat(4)2
Avg EPS beat(4)4.53%
Min EPS beat(4)-2.2%
Max EPS beat(4)14.79%
EPS beat(8)5
Avg EPS beat(8)6.54%
EPS beat(12)9
Avg EPS beat(12)7.27%
EPS beat(16)12
Avg EPS beat(16)14.91%
Revenue beat(2)0
Avg Revenue beat(2)-0.87%
Min Revenue beat(2)-1.38%
Max Revenue beat(2)-0.36%
Revenue beat(4)0
Avg Revenue beat(4)-1.23%
Min Revenue beat(4)-2.14%
Max Revenue beat(4)-0.36%
Revenue beat(8)1
Avg Revenue beat(8)-1.35%
Revenue beat(12)3
Avg Revenue beat(12)-0.63%
Revenue beat(16)6
Avg Revenue beat(16)0.53%
PT rev (1m)1.11%
PT rev (3m)20.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.32%
EPS NY rev (1m)0%
EPS NY rev (3m)4.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.85%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.67 | ||
| Fwd PE | 21.99 | ||
| P/S | 2.57 | ||
| P/FCF | 972.79 | ||
| P/OCF | 36.34 | ||
| P/B | 4.44 | ||
| P/tB | 5.93 | ||
| EV/EBITDA | 16.95 |
EPS(TTM)4.98
EY3.37%
EPS(NY)6.72
Fwd EY4.55%
FCF(TTM)0.15
FCFY0.1%
OCF(TTM)4.07
OCFY2.75%
SpS57.58
BVpS33.3
TBVpS24.91
PEG (NY)1.74
PEG (5Y)0.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.22% | ||
| ROE | 15.09% | ||
| ROCE | 13.63% | ||
| ROIC | 10.22% | ||
| ROICexc | 10.48% | ||
| ROICexgc | 12.69% | ||
| OM | 11.69% | ||
| PM (TTM) | 8.73% | ||
| GM | 36.87% | ||
| FCFM | 0.26% |
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)21.47%
ROICexgc(5y)18.96%
ROCE(3y)21.53%
ROCE(5y)17.75%
ROICexcg growth 3Y-5.95%
ROICexcg growth 5Y-9.32%
ROICexc growth 3Y4.01%
ROICexc growth 5Y2.03%
OM growth 3Y7.53%
OM growth 5Y7.73%
PM growth 3Y9.87%
PM growth 5Y11.93%
GM growth 3Y3.75%
GM growth 5Y2.64%
F-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 3.21 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 211.31% | ||
| Cap/Sales | 6.8% | ||
| Interest Coverage | 123.7 | ||
| Cash Conversion | 47.35% | ||
| Profit Quality | 3.02% | ||
| Current Ratio | 2.25 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 5.34 |
F-Score5
WACC10.22%
ROIC/WACC1
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)-6.04%
EPS 3Y33.89%
EPS 5Y30.46%
EPS Q2Q%5.56%
EPS Next Y17.03%
EPS Next 2Y18.31%
EPS Next 3Y17.98%
EPS Next 5Y14.5%
Revenue 1Y (TTM)3.51%
Revenue growth 3Y23.11%
Revenue growth 5Y16.5%
Sales Q2Q%13.71%
Revenue Next Year13.91%
Revenue Next 2Y13.99%
Revenue Next 3Y13.5%
Revenue Next 5Y9.16%
EBIT growth 1Y-6.55%
EBIT growth 3Y32.38%
EBIT growth 5Y25.5%
EBIT Next Year46.8%
EBIT Next 3Y27.54%
EBIT Next 5Y16.03%
FCF growth 1Y104.13%
FCF growth 3Y-2.74%
FCF growth 5Y26.79%
OCF growth 1Y669.37%
OCF growth 3Y14.83%
OCF growth 5Y30.12%