The Buckle, Inc.

NYSE:BKE Stock Report

Market Cap: US$2.4b

Buckle Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: BKE ($47.92) is trading below our estimate of fair value ($97.28)

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

Key Valuation Metric

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

Key metric: As BKE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BKE. This is calculated by dividing BKE's market cap by their current earnings.
What is BKE's PE Ratio?
PE Ratio11.6x
EarningsUS$205.44m
Market CapUS$2.39b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BKE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.9x
RVLV Revolve Group
57.2x23.3%US$2.3b
VSCO Victoria's Secret
20.9x7.6%US$2.9b
AEO American Eagle Outfitters
14.3x20.4%US$3.5b
URBN Urban Outfitters
11.4x5.9%US$3.5b
BKE Buckle
11.6x1.3%US$2.4b

Price-To-Earnings vs Peers: BKE is good value based on its Price-To-Earnings Ratio (11.6x) compared to the peer average (25.9x).

Price to Earnings Ratio vs Industry

How does BKE's PE Ratio compare vs other companies in the US Specialty Retail Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TKLF Tokyo Lifestyle
1.5xn/aUS$11.23m
SSOK Sunstock
1.8xn/aUS$771.79k
MASN Maison Luxe
0.08xn/aUS$144.03k
EXPR.Q Express
0.00006xn/aUS$11.24k
BKE 11.6xIndustry Avg. 15.8xNo. of Companies11PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BKE is good value based on its Price-To-Earnings Ratio (11.6x) compared to the US Specialty Retail industry average (15.8x).

Price to Earnings Ratio vs Fair Ratio

What is BKE'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.

BKE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.6x
Fair PE Ratio11.9x

Price-To-Earnings vs Fair Ratio: BKE is good value based on its Price-To-Earnings Ratio (11.6x) compared to the estimated Fair Price-To-Earnings Ratio (11.9x).

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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