Buckle Inc. (The)
Find Ratings ReportsBUCKLE INC's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector. BUCKLE INC has average liquidity. Currently, the Quick Ratio is 1.35 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has increased by 9.80% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 382.38 | 401.81 |
EBITDA ($mil) | 0.0 | 115.2 |
EBIT ($mil) | 96.5 | 109.94 |
Net Income ($mil) | 79.58 | 87.84 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 290.42 | 273.07 |
Total Assets ($mil) | 889.81 | 837.58 |
Total Debt ($mil) | 315.41 | 303.79 |
Equity ($mil) | 413.22 | 376.31 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 52.35 | 54.34 |
EBITDA Margin | 0.0 | 28.67 |
Operating Margin | 25.24 | 27.36 |
Sales Turnover | 1.42 | 1.61 |
Return on Assets | 24.71 | 30.4 |
Return on Equity | 53.22 | 67.66 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 2.01 | 1.87 |
Debt/Capital | 0.43 | 0.45 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 50.45 | 50.09 |
Div / share | 2.85 | 3.0 |
EPS | 1.59 | 1.76 |
Book value / share | 8.19 | 7.51 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 490000.0 | 385729.0 |
BUY. BUCKLE INC's P/E ratio indicates a significant discount compared to an average of 23.36 for the Clothing, Clothing Accessories, Shoe, Jewelry Reta subsector and a significant discount compared to the S&P 500 average of 27.77. To use another comparison, its price-to-book ratio of 4.74 indicates valuation on par with the S&P 500 average of 4.65 and a significant discount versus the subsector average of 11.20. The current price-to-sales ratio is well below the S&P 500 average and is also below the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, BUCKLE INC proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKE 8.80 | Peers 23.36 | BKE NA | Peers 16.87 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. BKE is trading at a significant discount to its peers. |
Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures. Ratio not available. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
BKE 9.14 | Peers 19.63 | BKE NM | Peers 1.60 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. BKE is trading at a significant discount to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. BKE's negative PEG ratio makes this valuation measure meaningless. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
BKE 4.74 | Peers 11.20 | BKE -14.04 | Peers 332.51 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. BKE is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, BKE is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
BKE 1.55 | Peers 1.82 | BKE -6.26 | Peers 6.29 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. BKE is trading at a discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. BKE significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||