DECKERS OUTDOOR CORP (DECK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DECK - US2435371073 - Common Stock
101.81 USD
-1.95 (-1.88%)
101.55 USD
-0.26 (-0.26%)
Taking everything into account, DECK scores 7 out of 10 in our fundamental rating. DECK was compared to 45 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 is not valued too expensively and it also shows a decent growth rate. This makes DECK very considerable for quality investing!
1. Profitability
1.1 Basic Checks
DECK had positive earnings in the past year.
DECK had a positive operating cash flow in the past year.
In the past 5 years DECK has always been profitable.
Each year in the past 5 years DECK had a positive operating cash flow.
1.2 Ratios
DECK has a better Return On Assets (26.84%) than 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 41.19%, DECK belongs to the top of the industry, outperforming 95.56% of the companies in the same industry.
DECK's Return On Invested Capital of 34.00% is amongst the best of the industry. DECK outperforms 97.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DECK is significantly above the industry average of 11.59%.
The 3 year average ROIC (29.23%) for DECK is below the current ROIC(34.00%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.84% | ||
| ROE | 41.19% | ||
| ROIC | 34% |
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
DECK's Profit Margin of 19.37% is amongst the best of the industry. DECK outperforms 100.00% of its industry peers.
DECK's Profit Margin has improved in the last couple of years.
The Operating Margin of DECK (23.51%) is better than 97.78% of its industry peers.
DECK's Operating Margin has improved in the last couple of years.
DECK's Gross Margin of 57.66% is fine compared to the rest of the industry. DECK outperforms 68.89% of its industry peers.
In the last couple of years the Gross Margin of DECK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.51% | ||
| PM (TTM) | 19.37% | ||
| GM | 57.66% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DECK is creating value.
Compared to 1 year ago, DECK has less shares outstanding
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
DECK has an Altman-Z score of 10.68. This indicates that DECK is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of DECK (10.68) is better than 97.78% 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 | 10.68 |
ROIC/WACC2.98
WACC11.4%
2.3 Liquidity
DECK has a Current Ratio of 3.07. This indicates that DECK is financially healthy and has no problem in meeting its short term obligations.
DECK has a better Current ratio (3.07) than 86.67% of its industry peers.
A Quick Ratio of 2.20 indicates that DECK has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.20, DECK belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.07 | ||
| Quick Ratio | 2.2 |
3. Growth
3.1 Past
DECK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.70%, which is quite good.
Measured over the past years, DECK shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.31% on average per year.
The Revenue has grown by 12.62% in the past year. This is quite good.
Measured over the past years, DECK shows a quite strong growth in Revenue. The Revenue has been growing by 18.51% on average per year.
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 9.37% on average over the next years. This is quite good.
DECK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.69% yearly.
EPS Next Y3%
EPS Next 2Y5.03%
EPS Next 3Y7.45%
EPS Next 5Y9.37%
Revenue Next Year8.09%
Revenue Next 2Y7.73%
Revenue Next 3Y7.87%
Revenue Next 5Y8.69%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
DECK is valuated correctly with a Price/Earnings ratio of 15.08.
71.11% of the companies in the same industry are more expensive than DECK, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.25. DECK is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 14.55 indicates a correct valuation of DECK.
DECK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DECK is cheaper than 68.89% of the companies in the same industry.
DECK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.08 | ||
| Fwd PE | 14.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DECK is valued a bit cheaper than the industry average as 62.22% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DECK indicates a somewhat cheap valuation: DECK is cheaper than 75.56% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.15 | ||
| EV/EBITDA | 10.27 |
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)5.03
PEG (5Y)0.48
EPS Next 2Y5.03%
EPS Next 3Y7.45%
5. Dividend
5.1 Amount
DECK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
101.81
-1.95 (-1.88%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners99.25%
Inst Owner Change0.28%
Ins Owners0.77%
Ins Owner Change8.43%
Market Cap14.84B
Revenue(TTM)5.24B
Net Income(TTM)1.02B
Analysts73.75
Price Target114.3 (12.27%)
Short Float %2.72%
Short Ratio0.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)23.05%
Min EPS beat(2)12.82%
Max EPS beat(2)33.29%
EPS beat(4)4
Avg EPS beat(4)30.99%
Min EPS beat(4)12.82%
Max EPS beat(4)62.86%
EPS beat(8)8
Avg EPS beat(8)34.31%
EPS beat(12)12
Avg EPS beat(12)30.46%
EPS beat(16)16
Avg EPS beat(16)30.68%
Revenue beat(2)1
Avg Revenue beat(2)1.95%
Min Revenue beat(2)-1.05%
Max Revenue beat(2)4.94%
Revenue beat(4)2
Avg Revenue beat(4)1.77%
Min Revenue beat(4)-1.05%
Max Revenue beat(4)4.94%
Revenue beat(8)6
Avg Revenue beat(8)3.21%
Revenue beat(12)9
Avg Revenue beat(12)3.99%
Revenue beat(16)12
Avg Revenue beat(16)4.51%
PT rev (1m)0%
PT rev (3m)-12.74%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)-5.52%
EPS NY rev (1m)0.01%
EPS NY rev (3m)1.05%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-4.23%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.08 | ||
| Fwd PE | 14.55 | ||
| P/S | 2.83 | ||
| P/FCF | 15.15 | ||
| P/OCF | 13.91 | ||
| P/B | 6.02 | ||
| P/tB | 6.09 | ||
| EV/EBITDA | 10.27 |
EPS(TTM)6.75
EY6.63%
EPS(NY)7
Fwd EY6.87%
FCF(TTM)6.72
FCFY6.6%
OCF(TTM)7.32
OCFY7.19%
SpS35.98
BVpS16.92
TBVpS16.72
PEG (NY)5.03
PEG (5Y)0.48
Graham Number50.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.84% | ||
| ROE | 41.19% | ||
| ROCE | 43.78% | ||
| ROIC | 34% | ||
| ROICexc | 68.32% | ||
| ROICexgc | 69.8% | ||
| OM | 23.51% | ||
| PM (TTM) | 19.37% | ||
| GM | 57.66% | ||
| FCFM | 18.68% |
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-Score8
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 116.89% | ||
| Cap/Sales | 1.66% | ||
| Interest Coverage | 555.54 | ||
| Cash Conversion | 81.6% | ||
| Profit Quality | 96.44% | ||
| Current Ratio | 3.07 | ||
| Quick Ratio | 2.2 | ||
| Altman-Z | 10.68 |
F-Score8
WACC11.4%
ROIC/WACC2.98
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 Y3%
EPS Next 2Y5.03%
EPS Next 3Y7.45%
EPS Next 5Y9.37%
Revenue 1Y (TTM)12.62%
Revenue growth 3Y16.53%
Revenue growth 5Y18.51%
Sales Q2Q%9.11%
Revenue Next Year8.09%
Revenue Next 2Y7.73%
Revenue Next 3Y7.87%
Revenue Next 5Y8.69%
EBIT growth 1Y14.33%
EBIT growth 3Y27.68%
EBIT growth 5Y28.34%
EBIT Next Year10.52%
EBIT Next 3Y8.26%
EBIT Next 5Y5.65%
FCF growth 1Y25.34%
FCF growth 3Y99.15%
FCF growth 5Y30.43%
OCF growth 1Y19.08%
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.
What is the valuation status of DECKERS OUTDOOR CORP (DECK) stock?
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 are the PE and PB ratios of DECKERS OUTDOOR CORP (DECK) stock?
The Price/Earnings (PE) ratio for DECKERS OUTDOOR CORP (DECK) is 15.08 and the Price/Book (PB) ratio is 6.02.
What is the expected EPS growth for DECKERS OUTDOOR CORP (DECK) stock?
The Earnings per Share (EPS) of DECKERS OUTDOOR CORP (DECK) is expected to grow by 3% in the next year.