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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. BOOT has a decent growth rate and is not valued too expensively. With these ratings, BOOT could be worth investigating further for 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
Looking at the Return On Assets, with a value of 8.59%, BOOT belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
Looking at the Return On Equity, with a value of 15.86%, BOOT is in the better half of the industry, outperforming 73.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.76%, BOOT is in the better half of the industry, outperforming 75.21% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BOOT is above the industry average of 12.30%.
The last Return On Invested Capital (10.76%) for BOOT is well below the 3 year average (15.63%), which needs to be investigated, but indicates that BOOT had better years and this may not be a problem.
| 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.
In the last couple of years the Profit Margin of BOOT has grown nicely.
BOOT has a better Operating Margin (12.46%) than 88.89% of its industry peers.
BOOT's Operating Margin has improved in the last couple of years.
BOOT has a Gross Margin (37.27%) which is in line with its industry peers.
BOOT's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BOOT 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 4.82. This indicates that BOOT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of BOOT (4.82) is better than 86.32% of its industry peers.
The Debt to FCF ratio of BOOT is 0.29, which is an excellent value as it means it would take BOOT, only 0.29 years of fcf income to pay off all of its debts.
BOOT's Debt to FCF ratio of 0.29 is amongst the best of the industry. BOOT outperforms 82.91% of its industry peers.
BOOT has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of BOOT (0.01) is better than 72.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 4.82 |
ROIC/WACC1.05
WACC10.24%
2.3 Liquidity
A Current Ratio of 2.20 indicates that BOOT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.20, BOOT belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
A Quick Ratio of 0.51 indicates that BOOT may have some problems paying its short term obligations.
BOOT has a Quick ratio (0.51) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.2 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
BOOT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.28%.
BOOT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.46% yearly.
BOOT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.30%.
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.
The Revenue is expected to grow by 9.16% on average over the next years. This is quite good.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 22.92, which indicates a rather expensive current valuation of BOOT.
Compared to the rest of the industry, the Price/Earnings ratio of BOOT indicates a somewhat cheap valuation: BOOT is cheaper than 62.39% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, BOOT is valued a bit cheaper.
A Price/Forward Earnings ratio of 18.30 indicates a rather expensive valuation of BOOT.
64.96% of the companies in the same industry are more expensive than BOOT, based on the Price/Forward Earnings ratio.
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
BOOT's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as BOOT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 77.79 | ||
| EV/EBITDA | 13.49 |
4.3 Compensation for Growth
BOOT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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 19.15% in the coming years.
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 Owners117.45%
Inst Owner Change5.41%
Ins Owners0.57%
Ins Owner Change-19.65%
Market Cap3.93B
Analysts85.71
Price Target194.14 (51.28%)
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
WACC10.24%
ROIC/WACC1.05
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%