BOOT BARN HOLDINGS INC (BOOT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BOOT - US0994061002 - Common Stock
182.53 USD
-5.95 (-3.16%)
We assign a fundamental rating of 6 out of 10 to BOOT. BOOT was compared to 121 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 is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make BOOT a good candidate 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.
- 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
- BOOT's Return On Assets of 9.23% is amongst the best of the industry. BOOT outperforms 82.64% of its industry peers.
- BOOT has a Return On Equity of 17.27%. This is in the better half of the industry: BOOT outperforms 75.21% of its industry peers.
- BOOT's Return On Invested Capital of 11.21% is fine compared to the rest of the industry. BOOT outperforms 79.34% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BOOT is in line with the industry average of 12.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.23% | ||
| ROE | 17.27% | ||
| ROIC | 11.21% |
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 better Profit Margin (10.05%) than 90.08% of its industry peers.
- In the last couple of years the Profit Margin of BOOT has grown nicely.
- BOOT has a Operating Margin of 13.32%. This is amongst the best in the industry. BOOT outperforms 89.26% of its industry peers.
- In the last couple of years the Operating Margin of BOOT has grown nicely.
- BOOT has a Gross Margin (38.08%) which 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 | 13.32% | ||
| PM (TTM) | 10.05% | ||
| GM | 38.08% |
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
- BOOT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- BOOT has more shares outstanding than it did 1 year ago.
- 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
- BOOT has an Altman-Z score of 5.52. This indicates that BOOT is financially healthy and has little risk of bankruptcy at the moment.
- BOOT's Altman-Z score of 5.52 is amongst the best of the industry. BOOT outperforms 88.43% of its industry peers.
- BOOT has a debt to FCF ratio of 0.25. This is a very positive value and a sign of high solvency as it would only need 0.25 years to pay back of all of its debts.
- BOOT has a Debt to FCF ratio of 0.25. This is amongst the best in the industry. BOOT outperforms 85.12% of its industry peers.
- A Debt/Equity ratio of 0.01 indicates that BOOT is not too dependend on debt financing.
- BOOT has a better Debt to Equity ratio (0.01) than 75.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.25 | ||
| Altman-Z | 5.52 |
ROIC/WACC1.15
WACC9.77%
2.3 Liquidity
- BOOT has a Current Ratio of 2.35. This indicates that BOOT is financially healthy and has no problem in meeting its short term obligations.
- BOOT has a better Current ratio (2.35) than 84.30% of its industry peers.
- BOOT has a Quick Ratio of 2.35. 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 (0.27) is worse than 78.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 35.74% over the past year.
- BOOT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.69% yearly.
- The Revenue has grown by 17.82% in the past year. This is quite good.
- BOOT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.71% yearly.
EPS 1Y (TTM)35.74%
EPS 3Y-2.59%
EPS 5Y28.69%
EPS Q2Q%44.21%
Revenue 1Y (TTM)17.82%
Revenue growth 3Y8.69%
Revenue growth 5Y17.71%
Sales Q2Q%18.69%
3.2 Future
- Based on estimates for the next years, BOOT will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.54% on average per year.
- The Revenue is expected to grow by 11.13% on average over the next years. This is quite good.
EPS Next Y23.64%
EPS Next 2Y18.27%
EPS Next 3Y20.79%
EPS Next 5Y13.54%
Revenue Next Year16.68%
Revenue Next 2Y15.06%
Revenue Next 3Y14.63%
Revenue Next 5Y11.13%
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 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 27.00, BOOT can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, BOOT is valued a bit cheaper than 65.29% of the companies in the same industry.
- BOOT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 22.27 indicates a rather expensive valuation of BOOT.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BOOT is on the same level as its industry peers.
- BOOT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27 | ||
| Fwd PE | 22.27 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as BOOT.
- The rest of the industry has a similar Price/Free Cash Flow ratio as BOOT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 101.46 | ||
| EV/EBITDA | 16.49 |
4.3 Compensation for Growth
- BOOT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 20.79% in the coming years.
PEG (NY)1.14
PEG (5Y)0.94
EPS Next 2Y18.27%
EPS Next 3Y20.79%
5. Dividend
5.1 Amount
- BOOT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BOOT BARN HOLDINGS INC / BOOT FAQ
What is the fundamental rating for BOOT stock?
ChartMill assigns a fundamental rating of 6 / 10 to BOOT.
What is the valuation status for BOOT stock?
ChartMill assigns a valuation rating of 4 / 10 to BOOT BARN HOLDINGS INC (BOOT). This can be considered as Fairly Valued.
How profitable is BOOT BARN HOLDINGS INC (BOOT) stock?
BOOT BARN HOLDINGS INC (BOOT) has a profitability rating of 8 / 10.
What are the PE and PB ratios of BOOT BARN HOLDINGS INC (BOOT) stock?
The Price/Earnings (PE) ratio for BOOT BARN HOLDINGS INC (BOOT) is 27 and the Price/Book (PB) ratio is 4.62.
Is the dividend of BOOT BARN HOLDINGS INC sustainable?
The dividend rating of BOOT BARN HOLDINGS INC (BOOT) is 0 / 10 and the dividend payout ratio is 0%.