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DECK

Deckers Outdoor NYSE:DECK Stock Report

Last Price

US$333.38

Market Cap

US$8.8b

7D

5.1%

1Y

-23.3%

Updated

12 Aug, 2022

Data

Company Financials +
DECK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

DECK Stock Overview

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities.

Deckers Outdoor Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Deckers Outdoor
Historical stock prices
Current Share PriceUS$333.38
52 Week HighUS$451.49
52 Week LowUS$212.93
Beta0.91
1 Month Change23.04%
3 Month Change35.24%
1 Year Change-23.26%
3 Year Change148.25%
5 Year Change424.51%
Change since IPO4,446.09%

Recent News & Updates

Aug 10
Calculating The Fair Value Of Deckers Outdoor Corporation (NYSE:DECK)

Calculating The Fair Value Of Deckers Outdoor Corporation (NYSE:DECK)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Deckers Outdoor...

Jun 29
Here's Why Deckers Outdoor (NYSE:DECK) Has Caught The Eye Of Investors

Here's Why Deckers Outdoor (NYSE:DECK) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

DECKUS LuxuryUS Market
7D5.1%0.9%1.3%
1Y-23.3%-32.0%-11.7%

Return vs Industry: DECK exceeded the US Luxury industry which returned -32% over the past year.

Return vs Market: DECK underperformed the US Market which returned -11.7% over the past year.

Price Volatility

Is DECK's price volatile compared to industry and market?
DECK volatility
DECK Average Weekly Movement8.1%
Luxury Industry Average Movement7.3%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: DECK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: DECK's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19734,000Dave Powershttps://www.deckers.com

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities. The company offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and relaxed casual shoes and sandals under the Sanuk brand name. It also provides footwear and apparel for ultra-runners and athletes under the Hoka brand name; and fashion casual footwear using other plush materials under the Koolaburra brand.

Deckers Outdoor Fundamentals Summary

How do Deckers Outdoor's earnings and revenue compare to its market cap?
DECK fundamental statistics
Market CapUS$8.82b
Earnings (TTM)US$448.67m
Revenue (TTM)US$3.26b

19.9x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DECK income statement (TTM)
RevenueUS$3.26b
Cost of RevenueUS$1.62b
Gross ProfitUS$1.64b
Other ExpensesUS$1.19b
EarningsUS$448.67m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)16.75
Gross Margin50.36%
Net Profit Margin13.76%
Debt/Equity Ratio0%

How did DECK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DECK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DECK?

Other financial metrics that can be useful for relative valuation.

DECK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.6x
Enterprise Value/EBITDA13.7x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

How does DECK's PE Ratio compare to its peers?

DECK PE Ratio vs Peers
The above table shows the PE ratio for DECK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.9x
SKX Skechers U.S.A
8.7x11.5%US$6.3b
CROX Crocs
8.9x14.4%US$4.8b
SHOO Steven Madden
10.4x6.9%US$2.7b
WWW Wolverine World Wide
15.2x15.6%US$1.8b
DECK Deckers Outdoor
19.9x15.1%US$8.9b

Price-To-Earnings vs Peers: DECK is expensive based on its Price-To-Earnings Ratio (19.9x) compared to the peer average (10.8x).


Price to Earnings Ratio vs Industry

How does DECK's PE Ratio compare vs other companies in the US Luxury Industry?

Price-To-Earnings vs Industry: DECK is expensive based on its Price-To-Earnings Ratio (19.9x) compared to the US Luxury industry average (10.4x)


Price to Earnings Ratio vs Fair Ratio

What is DECK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DECK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.9x
Fair PE Ratio16.7x

Price-To-Earnings vs Fair Ratio: DECK is expensive based on its Price-To-Earnings Ratio (19.9x) compared to the estimated Fair Price-To-Earnings Ratio (16.8x).


Share Price vs Fair Value

What is the Fair Price of DECK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DECK ($333.38) is trading above our estimate of fair value ($307.39)

Significantly Below Fair Value: DECK is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Deckers Outdoor forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DECK's forecast earnings growth (15.1% per year) is above the savings rate (1.9%).

Earnings vs Market: DECK's earnings (15.1% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: DECK's earnings are forecast to grow, but not significantly.

Revenue vs Market: DECK's revenue (10.1% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: DECK's revenue (10.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DECK's Return on Equity is forecast to be high in 3 years time (28.4%)


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Past Performance

How has Deckers Outdoor performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


31.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DECK has a high level of non-cash earnings.

Growing Profit Margin: DECK's current net profit margins (13.8%) are lower than last year (15.9%).


Past Earnings Growth Analysis

Earnings Trend: DECK's earnings have grown significantly by 31.8% per year over the past 5 years.

Accelerating Growth: DECK's earnings growth over the past year (2.3%) is below its 5-year average (31.8% per year).

Earnings vs Industry: DECK earnings growth over the past year (2.3%) underperformed the Luxury industry 61.7%.


Return on Equity

High ROE: DECK's Return on Equity (30.5%) is considered high.


Discover strong past performing companies

Financial Health

How is Deckers Outdoor's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DECK's short term assets ($1.9B) exceed its short term liabilities ($799.8M).

Long Term Liabilities: DECK's short term assets ($1.9B) exceed its long term liabilities ($241.1M).


Debt to Equity History and Analysis

Debt Level: DECK is debt free.

Reducing Debt: DECK has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.

Debt Coverage: DECK has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DECK has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Deckers Outdoor current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.16%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate DECK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DECK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DECK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DECK's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DECK has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Dave Powers (55 yo)

7.42yrs

Tenure

US$10,854,934

Compensation

Mr. David Powers, also known as Dave, is Independent Director of Solo Brands, Inc. from May 16, 2022. He has been the Chief Executive Officer of Deckers Outdoor Corp. since June 2016 and has been its Presi...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD10.85M) is above average for companies of similar size in the US market ($USD8.25M).

Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: DECK's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: DECK's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Deckers Outdoor Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Deckers Outdoor Corporation
  • Ticker: DECK
  • Exchange: NYSE
  • Founded: 1973
  • Industry: Footwear
  • Sector: Consumer Durables
  • Implied Market Cap: US$8.815b
  • Shares outstanding: 26.79m
  • Website: https://www.deckers.com

Number of Employees


Location

  • Deckers Outdoor Corporation
  • 250 Coromar Drive
  • Goleta
  • California
  • 93117
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.