NYSE:DECK

Stock Analysis Report

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Market Cap

US$11.4b

Last Updated

2021/08/01 22:11 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Deckers Outdoor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DECK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DECK's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.2%

DECK

0.7%

US Luxury

-0.4%

US Market


1 Year Return

96.3%

DECK

67.3%

US Luxury

35.9%

US Market

Return vs Industry: DECK exceeded the US Luxury industry which returned 67.3% over the past year.

Return vs Market: DECK exceeded the US Market which returned 35.9% over the past year.


Shareholder returns

DECKIndustryMarket
7 Day1.2%0.7%-0.4%
30 Day4.6%3.2%-0.3%
90 Day18.5%12.5%3.1%
1 Year96.3%96.3%68.7%67.3%38.0%35.9%
3 Year256.7%256.7%75.7%68.4%62.9%52.7%
5 Year540.2%540.2%131.7%116.8%121.3%96.9%

Long-Term Price Volatility Vs. Market

How volatile is Deckers Outdoor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Deckers Outdoor undervalued compared to its fair value and its price relative to the market?

44.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DECK ($410.85) is trading below our estimate of fair value ($736.31)

Significantly Below Fair Value: DECK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DECK is poor value based on its PE Ratio (26.2x) compared to the US Luxury industry average (23.5x).

PE vs Market: DECK is poor value based on its PE Ratio (26.2x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: DECK is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: DECK is overvalued based on its PB Ratio (8.1x) compared to the US Luxury industry average (1.7x).


Future Growth

How is Deckers Outdoor forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DECK's forecast earnings growth (10.5% per year) is above the savings rate (2%).

Earnings vs Market: DECK's earnings (10.5% per year) are forecast to grow slower than the US market (15% per year).

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

Revenue vs Market: DECK's revenue (8.7% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: DECK's revenue (8.7% 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 (26%)


Past Performance

How has Deckers Outdoor performed over the past 5 years?

40.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DECK has high quality earnings.

Growing Profit Margin: DECK's current net profit margins (15.9%) are higher than last year (13.4%).


Past Earnings Growth Analysis

Earnings Trend: DECK's earnings have grown significantly by 40% per year over the past 5 years.

Accelerating Growth: DECK's earnings growth over the past year (52.6%) exceeds its 5-year average (40% per year).

Earnings vs Industry: DECK earnings growth over the past year (52.6%) underperformed the Luxury industry 56.9%.


Return on Equity

High ROE: DECK's Return on Equity (30.9%) is considered high.


Financial Health

How is Deckers Outdoor's financial position?


Financial Position Analysis

Short Term Liabilities: DECK's short term assets ($1.7B) exceed its short term liabilities ($600.5M).

Long Term Liabilities: DECK's short term assets ($1.7B) exceed its long term liabilities ($271.7M).


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 15.8%.

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


Dividend

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

0.14%

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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DECK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

5.2yrs

Average management tenure


CEO

Dave Powers (54 yo)

5.08yrs

Tenure

US$7,860,450

Compensation

Mr. David Powers, also known as Dave, has been the Chief Executive Officer of Deckers Outdoor Corp. since June 2016 and has been its President since March 2015. Mr. Powers served as the President of Omni-C...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD7.86M) is about average for companies of similar size in the US market ($USD11.20M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: DECK's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: DECK's board of directors are considered experienced (3.1 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 company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Deckers Outdoor Corporation
  • Ticker: DECK
  • Exchange: NYSE
  • Founded: 1973
  • Industry: Footwear
  • Sector: Consumer Durables
  • Market Cap: US$11.365b
  • Shares outstanding: 27.66m
  • Website: https://www.deckers.com

Number of Employees


Location

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

Listings


Biography

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 offer...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/01 22:11
End of Day Share Price2021/07/30 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.