DECKERS OUTDOOR CORP (DECK) Stock Fundamental Analysis
USA - NYSE:DECK - US2435371073 - Common Stock
87.61 USD
-2.86 (-3.16%)
87.58 USD
-0.03 (-0.03%)
We assign a fundamental rating of 7 out of 10 to DECK. DECK was compared to 48 industry peers in the Textiles, Apparel & Luxury Goods industry. Both the health and profitability get an excellent rating, making DECK a very profitable company, without any liquidiy or solvency issues. DECK has a correct valuation and a medium growth rate. These ratings could make DECK a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
DECK had positive earnings in the past year.
In the past year DECK had a positive cash flow from operations.
DECK had positive earnings in each of the past 5 years.
In the past 5 years DECK always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 25.78%, DECK belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
DECK's Return On Equity of 40.11% is amongst the best of the industry. DECK outperforms 91.67% of its industry peers.
DECK's Return On Invested Capital of 33.69% is amongst the best of the industry. DECK outperforms 97.92% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DECK is significantly above the industry average of 12.15%.
The last Return On Invested Capital (33.69%) for DECK is above the 3 year average (29.23%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.78% | ||
| ROE | 40.11% | ||
| ROIC | 33.69% |
ROA(3y)23.83%
ROA(5y)21.71%
ROE(3y)34.58%
ROE(5y)31.92%
ROIC(3y)29.23%
ROIC(5y)27.24%
1.3 Margins
Looking at the Profit Margin, with a value of 19.31%, DECK belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
DECK's Profit Margin has improved in the last couple of years.
DECK has a better Operating Margin (23.64%) than 95.83% of its industry peers.
DECK's Operating Margin has improved in the last couple of years.
The Gross Margin of DECK (57.63%) is better than 70.83% of its industry peers.
In the last couple of years the Gross Margin of DECK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.64% | ||
| PM (TTM) | 19.31% | ||
| GM | 57.63% |
OM growth 3Y9.57%
OM growth 5Y8.3%
PM growth 3Y10.54%
PM growth 5Y8.4%
GM growth 3Y4.29%
GM growth 5Y2.26%
2. Health
2.1 Basic Checks
DECK has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for DECK has been reduced compared to 1 year ago.
The number of shares outstanding for DECK has been reduced compared to 5 years ago.
There is no outstanding debt for DECK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 9.52 indicates that DECK is not in any danger for bankruptcy at the moment.
DECK has a better Altman-Z score (9.52) than 100.00% of its industry peers.
DECK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.52 |
ROIC/WACC3.21
WACC10.49%
2.3 Liquidity
DECK has a Current Ratio of 2.94. This indicates that DECK is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of DECK (2.94) is better than 89.58% of its industry peers.
A Quick Ratio of 2.13 indicates that DECK has no problem at all paying its short term obligations.
DECK has a Quick ratio of 2.13. This is amongst the best in the industry. DECK outperforms 95.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.70% over the past year.
The Earnings Per Share has been growing by 31.31% on average over the past years. This is a very strong growth
Looking at the last year, DECK shows a quite strong growth in Revenue. The Revenue has grown by 12.62% in the last year.
DECK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.51% yearly.
EPS 1Y (TTM)18.7%
EPS 3Y32.67%
EPS 5Y31.31%
EPS Q2Q%14.47%
Revenue 1Y (TTM)12.62%
Revenue growth 3Y16.53%
Revenue growth 5Y18.51%
Sales Q2Q%9.11%
3.2 Future
The Earnings Per Share is expected to grow by 9.44% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.83% on average over the next years.
EPS Next Y1.73%
EPS Next 2Y5.58%
EPS Next 3Y8.03%
EPS Next 5Y9.44%
Revenue Next Year9.77%
Revenue Next 2Y8.85%
Revenue Next 3Y8.86%
Revenue Next 5Y7.83%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
A Price/Earnings ratio of 12.98 indicates a correct valuation of DECK.
Compared to the rest of the industry, the Price/Earnings ratio of DECK indicates a somewhat cheap valuation: DECK is cheaper than 77.08% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.00. DECK is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 12.39, DECK is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DECK indicates a somewhat cheap valuation: DECK is cheaper than 77.08% of the companies listed in the same industry.
DECK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.98 | ||
| Fwd PE | 12.39 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DECK.
Based on the Price/Free Cash Flow ratio, DECK is valued a bit cheaper than the industry average as 79.17% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.76 | ||
| EV/EBITDA | 8.79 |
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 DECK may justify a higher PE ratio.
PEG (NY)7.52
PEG (5Y)0.41
EPS Next 2Y5.58%
EPS Next 3Y8.03%
5. Dividend
5.1 Amount
DECK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
87.61
-2.86 (-3.16%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners100.86%
Inst Owner Change-0.2%
Ins Owners0.76%
Ins Owner Change2.96%
Market Cap13.00B
Revenue(TTM)5.24B
Net Income(TTM)989.67M
Analysts72.12
Price Target114.29 (30.45%)
Short Float %4.38%
Short Ratio1.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48.07%
Min EPS beat(2)33.29%
Max EPS beat(2)62.86%
EPS beat(4)4
Avg EPS beat(4)34.28%
Min EPS beat(4)15%
Max EPS beat(4)62.86%
EPS beat(8)8
Avg EPS beat(8)39.06%
EPS beat(12)12
Avg EPS beat(12)29.48%
EPS beat(16)15
Avg EPS beat(16)29.23%
Revenue beat(2)1
Avg Revenue beat(2)2.26%
Min Revenue beat(2)-0.41%
Max Revenue beat(2)4.94%
Revenue beat(4)3
Avg Revenue beat(4)3.72%
Min Revenue beat(4)-0.41%
Max Revenue beat(4)6.79%
Revenue beat(8)7
Avg Revenue beat(8)4.77%
Revenue beat(12)10
Avg Revenue beat(12)4.62%
Revenue beat(16)12
Avg Revenue beat(16)4.1%
PT rev (1m)-0.97%
PT rev (3m)1.99%
EPS NQ rev (1m)0.4%
EPS NQ rev (3m)4.5%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)3.43%
Revenue NQ rev (1m)0.35%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.98 | ||
| Fwd PE | 12.39 | ||
| P/S | 2.54 | ||
| P/FCF | 14.76 | ||
| P/OCF | 13.43 | ||
| P/B | 5.27 | ||
| P/tB | 5.33 | ||
| EV/EBITDA | 8.79 |
EPS(TTM)6.75
EY7.7%
EPS(NY)7.07
Fwd EY8.07%
FCF(TTM)5.94
FCFY6.77%
OCF(TTM)6.53
OCFY7.45%
SpS34.55
BVpS16.63
TBVpS16.43
PEG (NY)7.52
PEG (5Y)0.41
Graham Number50.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.78% | ||
| ROE | 40.11% | ||
| ROCE | 43.39% | ||
| ROIC | 33.69% | ||
| ROICexc | 87.77% | ||
| ROICexgc | 90.27% | ||
| OM | 23.64% | ||
| PM (TTM) | 19.31% | ||
| GM | 57.63% | ||
| FCFM | 17.18% |
ROA(3y)23.83%
ROA(5y)21.71%
ROE(3y)34.58%
ROE(5y)31.92%
ROIC(3y)29.23%
ROIC(5y)27.24%
ROICexc(3y)75.95%
ROICexc(5y)68.18%
ROICexgc(3y)79.12%
ROICexgc(5y)71.99%
ROCE(3y)37.65%
ROCE(5y)35.08%
ROICexgc growth 3Y28.26%
ROICexgc growth 5Y24.35%
ROICexc growth 3Y29.34%
ROICexc growth 5Y25.51%
OM growth 3Y9.57%
OM growth 5Y8.3%
PM growth 3Y10.54%
PM growth 5Y8.4%
GM growth 3Y4.29%
GM growth 5Y2.26%
F-Score7
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 122.14% | ||
| Cap/Sales | 1.71% | ||
| Interest Coverage | 562.21 | ||
| Cash Conversion | 75.43% | ||
| Profit Quality | 88.96% | ||
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.13 | ||
| Altman-Z | 9.52 |
F-Score7
WACC10.49%
ROIC/WACC3.21
Cap/Depr(3y)149.58%
Cap/Depr(5y)129.44%
Cap/Sales(3y)2.02%
Cap/Sales(5y)1.79%
Profit Quality(3y)103.92%
Profit Quality(5y)97.21%
High Growth Momentum
Growth
EPS 1Y (TTM)18.7%
EPS 3Y32.67%
EPS 5Y31.31%
EPS Q2Q%14.47%
EPS Next Y1.73%
EPS Next 2Y5.58%
EPS Next 3Y8.03%
EPS Next 5Y9.44%
Revenue 1Y (TTM)12.62%
Revenue growth 3Y16.53%
Revenue growth 5Y18.51%
Sales Q2Q%9.11%
Revenue Next Year9.77%
Revenue Next 2Y8.85%
Revenue Next 3Y8.86%
Revenue Next 5Y7.83%
EBIT growth 1Y21.43%
EBIT growth 3Y27.68%
EBIT growth 5Y28.34%
EBIT Next Year9.73%
EBIT Next 3Y9.5%
EBIT Next 5Y6.05%
FCF growth 1Y48.64%
FCF growth 3Y99.15%
FCF growth 5Y30.43%
OCF growth 1Y39.97%
OCF growth 3Y82.32%
OCF growth 5Y29.54%
DECKERS OUTDOOR CORP / DECK FAQ
What is the fundamental rating for DECK stock?
ChartMill assigns a fundamental rating of 7 / 10 to DECK.
Can you provide the valuation status for DECKERS OUTDOOR CORP?
ChartMill assigns a valuation rating of 5 / 10 to DECKERS OUTDOOR CORP (DECK). This can be considered as Fairly Valued.
Can you provide the profitability details for DECKERS OUTDOOR CORP?
DECKERS OUTDOOR CORP (DECK) has a profitability rating of 9 / 10.
What is the earnings growth outlook for DECKERS OUTDOOR CORP?
The Earnings per Share (EPS) of DECKERS OUTDOOR CORP (DECK) is expected to grow by 1.73% in the next year.