BOOT BARN HOLDINGS INC (BOOT) Stock Fundamental Analysis
USA - NYSE:BOOT - US0994061002 - Common Stock
189.48 USD
-2.48 (-1.29%)
189.48 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to BOOT. BOOT was compared to 119 industry peers in the Specialty Retail industry. BOOT gets an excellent profitability rating and is at the same time showing great financial health properties. BOOT is valued quite expensively, but it does show have an excellent growth rating. With these ratings, BOOT could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
BOOT had positive earnings in the past year.
BOOT had a positive operating cash flow in the past year.
In the past 5 years BOOT has always been profitable.
In the past 5 years BOOT always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.33%, BOOT belongs to the top of the industry, outperforming 81.51% of the companies in the same industry.
The Return On Equity of BOOT (16.68%) is better than 75.63% of its industry peers.
BOOT's Return On Invested Capital of 11.22% is fine compared to the rest of the industry. BOOT outperforms 77.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BOOT is in line with the industry average of 12.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.33% | ||
| ROE | 16.68% | ||
| ROIC | 11.22% |
ROA(3y)9.61%
ROA(5y)10.25%
ROE(3y)17.85%
ROE(5y)20.14%
ROIC(3y)11.97%
ROIC(5y)13.34%
1.3 Margins
BOOT has a Profit Margin of 9.81%. This is amongst the best in the industry. BOOT outperforms 89.08% of its industry peers.
BOOT's Profit Margin has improved in the last couple of years.
BOOT has a better Operating Margin (13.05%) than 88.24% of its industry peers.
BOOT's Operating Margin has improved in the last couple of years.
BOOT has a Gross Margin (38.03%) which is in line with its industry peers.
In the last couple of years the Gross Margin of BOOT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.05% | ||
| PM (TTM) | 9.81% | ||
| GM | 38.03% |
OM growth 3Y-10.3%
OM growth 5Y7.52%
PM growth 3Y-9.88%
PM growth 5Y10.82%
GM growth 3Y-0.98%
GM growth 5Y2.79%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BOOT is still creating some value.
Compared to 1 year ago, BOOT has more shares outstanding
BOOT has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BOOT has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.13 indicates that BOOT is not in any danger for bankruptcy at the moment.
BOOT has a Altman-Z score of 6.13. This is amongst the best in the industry. BOOT outperforms 89.92% of its industry peers.
BOOT has a debt to FCF ratio of 0.52. This is a very positive value and a sign of high solvency as it would only need 0.52 years to pay back of all of its debts.
BOOT has a better Debt to FCF ratio (0.52) than 84.03% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that BOOT is not too dependend on debt financing.
The Debt to Equity ratio of BOOT (0.01) is better than 74.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.52 | ||
| Altman-Z | 6.13 |
ROIC/WACC1.19
WACC9.42%
2.3 Liquidity
A Current Ratio of 2.53 indicates that BOOT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.53, BOOT belongs to the top of the industry, outperforming 87.39% of the companies in the same industry.
BOOT has a Quick Ratio of 2.53. This is a bad value and indicates that BOOT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BOOT (0.38) is worse than 63.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.53 | ||
| Quick Ratio | 0.38 |
3. Growth
3.1 Past
BOOT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.60%, which is quite impressive.
The Earnings Per Share has been growing by 28.69% on average over the past years. This is a very strong growth
The Revenue has grown by 16.70% in the past year. This is quite good.
The Revenue has been growing by 17.71% on average over the past years. This is quite good.
EPS 1Y (TTM)28.6%
EPS 3Y-2.59%
EPS 5Y28.69%
EPS Q2Q%38.1%
Revenue 1Y (TTM)16.7%
Revenue growth 3Y8.69%
Revenue growth 5Y17.71%
Sales Q2Q%19.06%
3.2 Future
The Earnings Per Share is expected to grow by 13.54% on average over the next years. This is quite good.
Based on estimates for the next years, BOOT will show a quite strong growth in Revenue. The Revenue will grow by 11.13% on average per year.
EPS Next Y15.08%
EPS Next 2Y14.34%
EPS Next 3Y16.29%
EPS Next 5Y13.54%
Revenue Next Year13.41%
Revenue Next 2Y13.27%
Revenue Next 3Y13.14%
Revenue Next 5Y11.13%
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 estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.89, BOOT can be considered very expensive at the moment.
BOOT's Price/Earnings ratio is in line with the industry average.
BOOT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.57, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 24.73, which indicates a rather expensive current valuation of BOOT.
BOOT's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of BOOT to the average of the S&P500 Index (23.09), we can say BOOT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.89 | ||
| Fwd PE | 24.73 |
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 is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 211.41 | ||
| EV/EBITDA | 17.77 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of BOOT may justify a higher PE ratio.
A more expensive valuation may be justified as BOOT's earnings are expected to grow with 16.29% in the coming years.
PEG (NY)1.98
PEG (5Y)1.04
EPS Next 2Y14.34%
EPS Next 3Y16.29%
5. Dividend
5.1 Amount
BOOT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
189.48
-2.48 (-1.29%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners118.04%
Inst Owner Change-0.03%
Ins Owners0.36%
Ins Owner Change7.1%
Market Cap5.79B
Revenue(TTM)1.99B
Net Income(TTM)195.44M
Analysts83.81
Price Target214.36 (13.13%)
Short Float %11.38%
Short Ratio5.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/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)3.45%
Min EPS beat(2)-3.44%
Max EPS beat(2)10.34%
EPS beat(4)2
Avg EPS beat(4)1.41%
Min EPS beat(4)-3.44%
Max EPS beat(4)10.34%
EPS beat(8)5
Avg EPS beat(8)3.25%
EPS beat(12)8
Avg EPS beat(12)6.26%
EPS beat(16)12
Avg EPS beat(16)7.93%
Revenue beat(2)0
Avg Revenue beat(2)-1.51%
Min Revenue beat(2)-2.96%
Max Revenue beat(2)-0.06%
Revenue beat(4)0
Avg Revenue beat(4)-1.54%
Min Revenue beat(4)-2.96%
Max Revenue beat(4)-0.06%
Revenue beat(8)0
Avg Revenue beat(8)-1.51%
Revenue beat(12)2
Avg Revenue beat(12)-1.26%
Revenue beat(16)4
Avg Revenue beat(16)-0.44%
PT rev (1m)0%
PT rev (3m)15.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.48%
EPS NY rev (1m)0.81%
EPS NY rev (3m)5.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.89 | ||
| Fwd PE | 24.73 | ||
| P/S | 2.91 | ||
| P/FCF | 211.41 | ||
| P/OCF | 32.16 | ||
| P/B | 4.94 | ||
| P/tB | 6.33 | ||
| EV/EBITDA | 17.77 |
EPS(TTM)6.34
EY3.35%
EPS(NY)7.66
Fwd EY4.04%
FCF(TTM)0.9
FCFY0.47%
OCF(TTM)5.89
OCFY3.11%
SpS65.18
BVpS38.33
TBVpS29.95
PEG (NY)1.98
PEG (5Y)1.04
Graham Number73.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.33% | ||
| ROE | 16.68% | ||
| ROCE | 14.98% | ||
| ROIC | 11.22% | ||
| ROICexc | 11.87% | ||
| ROICexgc | 14.07% | ||
| OM | 13.05% | ||
| PM (TTM) | 9.81% | ||
| GM | 38.03% | ||
| FCFM | 1.38% |
ROA(3y)9.61%
ROA(5y)10.25%
ROE(3y)17.85%
ROE(5y)20.14%
ROIC(3y)11.97%
ROIC(5y)13.34%
ROICexc(3y)12.41%
ROICexc(5y)13.91%
ROICexgc(3y)15.39%
ROICexgc(5y)18.95%
ROCE(3y)16.35%
ROCE(5y)18.22%
ROICexgc growth 3Y-24.86%
ROICexgc growth 5Y0.08%
ROICexc growth 3Y-20.3%
ROICexc growth 5Y6.49%
OM growth 3Y-10.3%
OM growth 5Y7.52%
PM growth 3Y-9.88%
PM growth 5Y10.82%
GM growth 3Y-0.98%
GM growth 5Y2.79%
F-Score7
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.52 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 232.33% | ||
| Cap/Sales | 7.67% | ||
| Interest Coverage | 189.53 | ||
| Cash Conversion | 55.31% | ||
| Profit Quality | 14.01% | ||
| Current Ratio | 2.53 | ||
| Quick Ratio | 0.38 | ||
| Altman-Z | 6.13 |
F-Score7
WACC9.42%
ROIC/WACC1.19
Cap/Depr(3y)274.24%
Cap/Depr(5y)232.1%
Cap/Sales(3y)7.47%
Cap/Sales(5y)5.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.6%
EPS 3Y-2.59%
EPS 5Y28.69%
EPS Q2Q%38.1%
EPS Next Y15.08%
EPS Next 2Y14.34%
EPS Next 3Y16.29%
EPS Next 5Y13.54%
Revenue 1Y (TTM)16.7%
Revenue growth 3Y8.69%
Revenue growth 5Y17.71%
Sales Q2Q%19.06%
Revenue Next Year13.41%
Revenue Next 2Y13.27%
Revenue Next 3Y13.14%
Revenue Next 5Y11.13%
EBIT growth 1Y27.18%
EBIT growth 3Y-2.51%
EBIT growth 5Y26.57%
EBIT Next Year42.81%
EBIT Next 3Y25.11%
EBIT Next 5Y15.66%
FCF growth 1Y-47.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-2.92%
OCF growth 3Y18.4%
OCF growth 5Y42.28%