DECK

Deckers Brands

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers footwear, apparel, and accessories under the UGG br… Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers footwear, apparel, and accessories under the UGG brand; footwear, such as running, trail, hiking, fitness, and lifestyle shoes, as well as apparel and accessories under the HOKA brand; and sandals, shoes, and boots under the Teva brand name. It also provides a casual footwear fashion line under the Koolaburra brand name; and footwear products under the AHNU brand name. The company sells its products through domestic and international retailers, international distributors, and directly to its consumers through its direct-to-consumer business, which includes e-commerce websites and retail stores. Deckers Outdoor Corporation was founded in 1973 and is headquartered in Goleta, California.
Market price
USD 87.74
Undervalued by 52.6%
Base value (Fade DCF (10-year growth fade)) is 52.6% above the market price
5-year outlook: 13.6% per year · forecast
Data: Price updated 06 Nov 2026 09:56; TTM through 30 Sep 2026, period ended 30 Sep 2026 from EODHD (downloaded 11 min ago). Last earnings: 22 Oct 2026
Verdict

Looks undervalued

PriceUSD 87.74
Fair value range90.92–213.97base 133.87
Estimate reliabilityHigh
5-year outlook13.6% / yr≈ USD 165.68 in 5 yrs

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Details and the full model are below.

Fade DCF (10-year growth fade)

Market price below modeled range

Showing the Fade DCF (10-year growth fade) you selected on the company card, using 8.41% growth, 3.1% terminal growth and 10.8% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 8.41%, discount rate 10.80%, terminal growth 3.10% (sector defaults). See a worked example.

Blended growth assumption: 8.4% (sector default 7.2%, own revenue history 14.8%, analyst revenue consensus 5.8%).

5-year outlook: relative outlook of about 13.6% a year (High confidence), anchored to a 7% market return and adjusted for how this company ranks against others. A ranking aid, not a prediction. See the full forecast.

Analyst consensus expects revenue growth of 5.8% a year; the growth assumption used is 8.4%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — USD 134.81 (+53.7%)
  • EPS-based Gordon proxy — USD 104.88 (+19.5%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — USD 134.81 (+53.7%)
    Not used: Not chosen: Free-cash-flow DCF ranks ahead of it for this company.
  • FCFF (steady state) — USD 109.12 (+24.4%)
    Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
  • EV/EBITDA (12x) — USD 133.63 (+52.3%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — USD 133.87 (+52.6%)
    Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
  • EV/Sales (Rule of 40) — USD 288.74 (+229.1%)
    Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
Illustrative range / share USD 90.92–213.97
Base scenario / share USD 133.87
Margin of safety (share of value) Cheap even in the bear case
Bear USD 90.923.5%
Base USD 133.8734.5%
Bull USD 213.9759.0%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.

More detail: quality, peers, price history, dividends and financials

Quality score: 100 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue +11.4% a year20 / 20
Balance sheetnet cash20 / 20
MarginsEBITDA margin 26%20 / 20

Peers in Consumer Discretionary

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
DECK (this company) USD 87.74 34.9% 11.2 5.1 – 100
KGF.L Kingfisher plc GBP 3.72 45.2% 27.0 1.1 3.3% 74
BWY.L Bellway p.l.c. GBP 23.01 43.6% 14.0 0.8 3.1% 70
INCH.L Inchcape plc GBP 6.41 37.3% 9.0 1.9 4.1% 80
ZAL.DE Zalando SE EUR 27.49 36.6% 108.5 2.6 – 80
LULU Lululemon Athletica USD 111.77 33.3% 8.9 2.6 – 100
EXPE Expedia Group USD 272.48 29.6% 15.8 20.2 0.7% 100
BKNG Booking Holdings USD 168.72 28.9% 17.7 – 1.0% 100
PETS.L Pets at Home Group Plc GBP 2.58 25.2% 18.8 1.2 2.9% 82
Peer median 16.8 1.9
Sector Consumer Discretionary
Exchange NASDAQ
Currency USD

Trailing 12-month financials

TTM through 30 Sep 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 13:18

RevenueUSD 5,577,003,000
EBITDAUSD 1,450,777,000
EBITUSD 1,378,139,000
Net incomeUSD 1,059,823,000
Free cash flowUSD 1,052,604,000
Capital expendituresUSD 75,856,000
DebtUSD 539,520,000
CashUSD 1,209,722,000
Working capitalUSD 1,842,566,000
Shares outstanding135,300,000