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Deckers Outdoor Corp
SWB:DO2

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Deckers Outdoor Corp
SWB:DO2
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Price: 86.18 EUR 6.19% Market Closed
Market Cap: €824.4m

P/OCF

15.3
Current
24%
Cheaper
vs 3-y average of 20.1

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
15.3
=
Market Cap
€17.1B
/
Operating Cash Flow
$1B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
15.3
=
Market Cap
€17.1B
/
Operating Cash Flow
$1B

Valuation Scenarios

Deckers Outdoor Corp is trading below its 3-year average

If P/OCF returns to its 3-Year Average (20.1), the stock would be worth €113.64 (32% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-13%
Maximum Upside
+40%
Average Upside
21%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 15.3 €86.18
0%
3-Year Average 20.1 €113.64
+32%
5-Year Average 21.4 €120.66
+40%
Industry Average 19.3 €108.87
+26%
Country Average 13.3 €75.29
-13%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
US
Deckers Outdoor Corp
SWB:DO2
15.4B EUR 15.3 14.9
US
Nike Inc
NYSE:NKE
66.1B USD 39 29.4
JP
Asics Corp
TSE:7936
3.1T JPY 28.5 31.7
CH
On Holding AG
NYSE:ONON
12B USD 26.2 46.2
US
Skechers USA Inc
NYSE:SKX
9.5B USD 14.8 14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
7.2B USD 16.7 16.2
CN
Huali Industrial Group Co Ltd
SZSE:300979
49.6B CNY 13.2 15.5
US
Crocs Inc
NASDAQ:CROX
5.1B USD 7.2 -63.3
DE
Puma SE
XETRA:PUM
3.7B EUR -11.5 -5.7
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
24B HKD 6.5 8.1
US
Steven Madden Ltd
NASDAQ:SHOO
2.8B USD 17.3 62.8
P/E Multiple
Earnings Growth PEG
US
Deckers Outdoor Corp
SWB:DO2
Average P/E: 26.6
14.9
7%
2.1
US
Nike Inc
NYSE:NKE
29.4
3%
9.8
JP
Asics Corp
TSE:7936
31.7
17%
1.9
CH
On Holding AG
NYSE:ONON
46.2
49%
0.9
US
Skechers USA Inc
NYSE:SKX
14.3
1%
14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
16.2
16%
1
CN
Huali Industrial Group Co Ltd
SZSE:300979
15.5
N/A N/A
US
Crocs Inc
NASDAQ:CROX
Negative Multiple: -63.3 N/A N/A
DE
Puma SE
XETRA:PUM
Negative Multiple: -5.7 N/A N/A
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
8.1
3%
2.7
US
Steven Madden Ltd
NASDAQ:SHOO
62.8
81%
0.8

Market Distribution

In line with most companies in the United States of America
Percentile
45th
Based on 9 488 companies
45th percentile
12.1
Low
0 — 8.8
Typical Range
8.8 — 20.1
High
20.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 8.8
Median 13.3
70th Percentile 20.1
Max 3 188 432.5

Deckers Outdoor Corp
Glance View

Deckers Outdoor Corp., perched amidst the scenic backdrop of Goleta, California, is a testament to the transformational power of vision-driven innovation in the footwear and apparel industry. Emerging from humble beginnings in 1973, the company was initially known for its iconic sandal products, but it soon expanded its horizons by acquiring several dynamic brands. Today, Deckers is renowned globally for its diverse portfolio, which includes household names such as UGG, Teva, HOKA ONE ONE, and more. These brands, each basking in their unique market niches, cater to an array of consumer needs—from the coziness and authenticity of UGG boots to the high-performance allure of HOKA athletic shoes. The symbiotic relationship between these brands under the Deckers umbrella has enabled the company to cultivate a vast and loyal customer base, enhancing its competitive edge amidst the ever-evolving landscape of fashion and functionality. Central to Deckers' financial success is its robust business model, which adeptly combines wholesale distribution, direct-to-consumer sales via company-owned retail stores, and a burgeoning e-commerce presence. The latter two channels allow Deckers to maintain a direct line of interaction with customers, thereby both capturing higher margins than the wholesale segment and gathering valuable customer insights to inform design and marketing strategies. With a keen eye for current trends and consumer preferences, Deckers consistently reinvests in product innovation and sustainable practices, seeking to enhance brand equity while adhering to corporate social responsibility. This strategic agility, coupled with a commitment to quality and customer satisfaction, underpins Deckers' ability to not just survive but thrive, outperforming many of its contemporaries in an industry that never stands still.

DO2 Intrinsic Value
97.92 EUR
Undervaluation 12%
Intrinsic Value
Price €86.18
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