DECKERS OUTDOOR CORP (DECK) Stock Fundamental Analysis
NYSE:DECK - New York Stock Exchange, Inc. - US2435371073 - Common Stock - Currency: USD
Overall DECK gets a fundamental rating of 7 out of 10. We evaluated DECK against 50 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 shows excellent growth, but is valued quite expensive already. These ratings would make DECK suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year DECK was profitable.
DECK had a positive operating cash flow in the past year.
In the past 5 years DECK has always been profitable.
DECK 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 25.76%, DECK belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
DECK has a Return On Equity of 39.38%. This is amongst the best in the industry. DECK outperforms 93.88% of its industry peers.
DECK has a Return On Invested Capital of 33.17%. This is amongst the best in the industry. DECK outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DECK is significantly above the industry average of 11.39%.
The last Return On Invested Capital (33.17%) for DECK is above the 3 year average (26.50%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.76% | ||
| ROE | 39.38% | ||
| ROIC | 33.17% |
ROA(3y)21.27%
ROA(5y)19.42%
ROE(3y)31.56%
ROE(5y)29.08%
ROIC(3y)26.5%
ROIC(5y)24.27%
1.3 Margins
DECK has a better Profit Margin (18.80%) than 97.96% of its industry peers.
In the last couple of years the Profit Margin of DECK has grown nicely.
DECK has a better Operating Margin (23.15%) than 95.92% of its industry peers.
In the last couple of years the Operating Margin of DECK has grown nicely.
DECK's Gross Margin of 57.11% is fine compared to the rest of the industry. DECK outperforms 69.39% of its industry peers.
DECK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.15% | ||
| PM (TTM) | 18.8% | ||
| GM | 57.11% |
OM growth 3Y2.13%
OM growth 5Y6.18%
PM growth 3Y5.63%
PM growth 5Y6.25%
GM growth 3Y1.01%
GM growth 5Y1.56%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DECK 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.
DECK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 20.87 indicates that DECK is not in any danger for bankruptcy at the moment.
The Altman-Z score of DECK (20.87) is better than 100.00% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 20.87 |
ROIC/WACC3.61
WACC9.19%
2.3 Liquidity
DECK has a Current Ratio of 3.08. This indicates that DECK is financially healthy and has no problem in meeting its short term obligations.
DECK has a Current ratio of 3.08. This is in the better half of the industry: DECK outperforms 77.55% of its industry peers.
DECK has a Quick Ratio of 2.20. This indicates that DECK is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.20, DECK belongs to the best of the industry, outperforming 89.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.08 | ||
| Quick Ratio | 2.2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 47.26% over the past year.
DECK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.07% yearly.
DECK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.25%.
Measured over the past years, DECK shows a quite strong growth in Revenue. The Revenue has been growing by 16.24% on average per year.
EPS 1Y (TTM)47.26%
EPS 3Y29.55%
EPS 5Y27.07%
EPS Q2Q%39.88%
Revenue 1Y (TTM)19.25%
Revenue growth 3Y18.98%
Revenue growth 5Y16.24%
Sales Q2Q%20.09%
3.2 Future
Based on estimates for the next years, DECK will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.33% on average per year.
The Revenue is expected to grow by 11.45% on average over the next years. This is quite good.
EPS Next Y15.78%
EPS Next 2Y15.01%
EPS Next 3Y15.1%
EPS Next 5Y14.33%
Revenue Next Year16.61%
Revenue Next 2Y13.88%
Revenue Next 3Y13.14%
Revenue Next 5Y11.45%
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
DECK is valuated quite expensively with a Price/Earnings ratio of 39.21.
The rest of the industry has a similar Price/Earnings ratio as DECK.
The average S&P500 Price/Earnings ratio is at 28.51. DECK is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 34.55, the valuation of DECK can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DECK indicates a slightly more expensive valuation: DECK is more expensive than 67.35% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 93.88. DECK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.21 | ||
| Fwd PE | 34.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DECK is valued a bit more expensive than 63.27% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DECK indicates a slightly more expensive valuation: DECK is more expensive than 63.27% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.58 | ||
| EV/EBITDA | 27.99 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DECK does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of DECK may justify a higher PE ratio.
A more expensive valuation may be justified as DECK's earnings are expected to grow with 15.10% in the coming years.
PEG (NY)2.49
PEG (5Y)1.45
EPS Next 2Y15.01%
EPS Next 3Y15.1%
5. Dividend
5.1 Amount
DECK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DECKERS OUTDOOR CORP
NYSE:DECK (1/30/2025, 8:19:10 PM)
After market: 187 -36.11 (-16.18%)223.11
+4.21 (+1.92%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners98.99%
Inst Owner Change-0.2%
Ins Owners0.76%
Ins Owner Change-4.29%
Market Cap33.89B
Analysts74
Price Target203.76 (-8.67%)
Short Float %2.12%
Short Ratio1.82
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)26.69%
Min EPS beat(2)25.99%
Max EPS beat(2)27.39%
EPS beat(4)4
Avg EPS beat(4)37.63%
Min EPS beat(4)25.99%
Max EPS beat(4)68.08%
EPS beat(8)8
Avg EPS beat(8)30.19%
EPS beat(12)12
Avg EPS beat(12)30.57%
EPS beat(16)15
Avg EPS beat(16)212.25%
Revenue beat(2)2
Avg Revenue beat(2)3.47%
Min Revenue beat(2)0.15%
Max Revenue beat(2)6.79%
Revenue beat(4)4
Avg Revenue beat(4)4.65%
Min Revenue beat(4)0.15%
Max Revenue beat(4)6.79%
Revenue beat(8)7
Avg Revenue beat(8)5.1%
Revenue beat(12)10
Avg Revenue beat(12)5.42%
Revenue beat(16)13
Avg Revenue beat(16)7.16%
PT rev (1m)4.15%
PT rev (3m)11.56%
EPS NQ rev (1m)-0.51%
EPS NQ rev (3m)-84.66%
EPS NY rev (1m)0%
EPS NY rev (3m)-82.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.69%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)2.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.21 | ||
| Fwd PE | 34.55 | ||
| P/S | 7.28 | ||
| P/FCF | 39.58 | ||
| P/OCF | 36.3 | ||
| P/B | 15.25 | ||
| P/tB | 15.45 | ||
| EV/EBITDA | 27.99 |
EPS(TTM)5.69
EY2.55%
EPS(NY)6.46
Fwd EY2.89%
FCF(TTM)5.64
FCFY2.53%
OCF(TTM)6.15
OCFY2.75%
SpS30.65
BVpS14.63
TBVpS14.44
PEG (NY)2.49
PEG (5Y)1.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.76% | ||
| ROE | 39.38% | ||
| ROCE | 42.74% | ||
| ROIC | 33.17% | ||
| ROICexc | 64.51% | ||
| ROICexgc | 66.03% | ||
| OM | 23.15% | ||
| PM (TTM) | 18.8% | ||
| GM | 57.11% | ||
| FCFM | 18.39% |
ROA(3y)21.27%
ROA(5y)19.42%
ROE(3y)31.56%
ROE(5y)29.08%
ROIC(3y)26.5%
ROIC(5y)24.27%
ROICexc(3y)57.82%
ROICexc(5y)54.45%
ROICexgc(3y)60.8%
ROICexgc(5y)58.11%
ROCE(3y)34.15%
ROCE(5y)31.27%
ROICexcg growth 3Y4.44%
ROICexcg growth 5Y11.35%
ROICexc growth 3Y6.21%
ROICexc growth 5Y12.97%
OM growth 3Y2.13%
OM growth 5Y6.18%
PM growth 3Y5.63%
PM growth 5Y6.25%
GM growth 3Y1.01%
GM growth 5Y1.56%
F-Score8
Asset Turnover1.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 116.76% | ||
| Cap/Sales | 1.66% | ||
| Interest Coverage | 663.11 | ||
| Cash Conversion | 81.59% | ||
| Profit Quality | 97.84% | ||
| Current Ratio | 3.08 | ||
| Quick Ratio | 2.2 | ||
| Altman-Z | 20.87 |
F-Score8
WACC9.19%
ROIC/WACC3.61
Cap/Depr(3y)147.82%
Cap/Depr(5y)121.27%
Cap/Sales(3y)1.98%
Cap/Sales(5y)1.74%
Profit Quality(3y)79.8%
Profit Quality(5y)95.75%
High Growth Momentum
Growth
EPS 1Y (TTM)47.26%
EPS 3Y29.55%
EPS 5Y27.07%
EPS Q2Q%39.88%
EPS Next Y15.78%
EPS Next 2Y15.01%
EPS Next 3Y15.1%
EPS Next 5Y14.33%
Revenue 1Y (TTM)19.25%
Revenue growth 3Y18.98%
Revenue growth 5Y16.24%
Sales Q2Q%20.09%
Revenue Next Year16.61%
Revenue Next 2Y13.88%
Revenue Next 3Y13.14%
Revenue Next 5Y11.45%
EBIT growth 1Y40.89%
EBIT growth 3Y21.51%
EBIT growth 5Y23.42%
EBIT Next Year27.04%
EBIT Next 3Y18.18%
EBIT Next 5Y13.25%
FCF growth 1Y1336.31%
FCF growth 3Y18.72%
FCF growth 5Y23.36%
OCF growth 1Y763.14%
OCF growth 3Y20.11%
OCF growth 5Y23.51%