Deckers Outdoor Corp (DECK) stock analysis
Deckers Outdoor Corp (DECK) clears 5 of this site's 8 mechanical value filters, 8 of 8 Buffett-style checks and 4 of 5 Lynch-style checks. At $85.28 it trades 39.8% below this site's neutral DCF value (a margin of safety of +39.8%). Its earnings quality rates Strong and it returns +8.8% to shareholders net of dilution. Figures are as of October 23, 2026, from SEC filings and market data refreshed weekly; this is educational analysis, not investment advice.
Data as of October 23, 2026. Refreshed weekly from SEC filings and market data.
What does Deckers Outdoor do?
Deckers Brands designs and sells footwear, led by the Hoka running shoe and the UGG boot, mostly through wholesale partners and its own stores.
Brands and businesses it owns
- Hoka
- UGG
- Teva
- Sanuk
What stands out about Deckers Outdoor?
- The share price implies shrinking cash flow. At $85.28, DECK's free cash flow of $8.29 per share would have to shrink 4.4% a year at first, then recover to 2.5% growth by year 10, for this site's DCF (10% discount rate) to match the price. This site's baseline starts at 8% growth, so the price asks for less growth than the baseline. Change the assumptions.
- Misses 1 of the 8 value filters. It fails Market Cap > $25B ($11.6B); the other 5 pass and 2 were not evaluated. See every filter.
- Strongest against peers: debt / equity. At 0.00 (peer median 0.54) it ranks 1st of 19 among consumer products stocks this site tracks. See the ranking.
- Short interest is elevated. 8.8% of the float is sold short, 3.2 days to cover, above this site's 5% flag. See the figures.
- Clears all 4 compounder lenses. It grows profit on little capital, reports real earnings, returns cash to owners and is not priced for perfection on this site's tests. See Compounders at a Fair Price.
How has Deckers Outdoor's share price moved?
The interactive price chart needs JavaScript.
Is Deckers Outdoor undervalued? The value diligence check
Every value-investing signal this site computes for this stock, gathered in one place: the same real numbers from the tools below, not a new score.
- Margin of safety (DCF) +39.8%
- P/E vs. its own history 11.5x · at/below its cheapest point Real range: 14.3x–32.3x over 5 years (net income per diluted share from each fiscal year's 10-K, paired with the real closing price at that fiscal year-end).
- Wall St. analyst rating Buy · 3.68/5 34 analysts this month: 7 strong buy, 12 buy, 12 hold, 3 sell, 0 strong sell (Finnhub). Down from 3.73 last month.
- Earnings quality (is the profit real?) Strong · all 5 checks clean Beneish M-score −2.64 · accruals −4.4% of assets · 119% of profit arrived as cash · stock comp 0.8% of revenue · share count −3.4% a year. From the latest 10-K (year to Mar 2026) - see the Earnings Quality Screener for how each check is scored.
- Shareholder yield (cash back to owners) +8.8% net Latest fiscal year (2026): dividends 0.0% + buybacks 9.2% − stock comp 0.4%, as a share of today's market cap. Over 11 years its split-adjusted share count fell 30%. See Shareholder Yield Leaders.
- Capital needed to grow (See's test) $0.01 per $1 of new profit · See's-like Operating profit $183M → $1.1B, capital needed $598M → $607M, 2017–2026 (3-year averages); return on capital now 185% before tax. Buffett's See's Candies needed $0.42 per $1 of new profit, FlightSafety $3.20, a typical grower about $5. See Capital-Light Compounders.
- PEG (growth at a reasonable price) 1.48 · Above fair P/E 11.5× ÷ 7.8% a year of growth behind it. 163rd lowest of 447 stocks with a usable PEG. Lynch's fair value is a PEG of 1; a very high PEG usually means almost no growth, a very low one a profit spike. See PEG Ratio Ranking.
- Compounder lenses (4) 4 of 4 Capital-light growth: cleared; Profit is real: cleared; Cash to owners: cleared; Fair price (PEG): cleared. See Compounders at a Fair Price, which also lets you move the PEG bar.
- Value trap check Clear
- Munger's Inversion Check 1 flag
- Standing vs. sector peers 6 of 6 measures above the median Compared with the 18 other consumer products stocks this site tracks: 5 in the top third, 0 in the bottom third.
How does Deckers Outdoor compare with its peers?
6 of 6 measures sit above the median of the 18 other consumer products stocks tracked here, 5 in the top third.
- P/E ratiolower is cheaper · peer median 18.3× 11.5× ✓3rd of 19
- Free-cash-flow yieldhigher is cheaper · peer median 5.1% 9.7% ✓2nd of 19
- Return on equityhigher is better · peer median 30% 41% –7th of 19
- Net marginhigher is better · peer median 11.8% 18.4% ✓6th of 19
- Revenue growthhigher is better, year on year · peer median 1.8% 7.8% ✓5th of 19
- Debt / equitylower is safer · peer median 0.54 0.00 ✓1st of 19
Peers are the stocks this site tracks in the same sector group, not every listed competitor. The bar runs from the weakest peer (left) to the strongest (right); the tick is the middle. Measures that don't apply to a sector (cash-flow yield for banks, debt for financials) are left out.
What would Buffett & Lynch say?
Buffett's checklist is built around durable, profitable businesses bought at sensible prices, and DECK clears it. In its favor: DECK is currently earning a strong return on shareholders' equity, and has kept that profitability up over five years, not just this year, carries a conservative amount of debt relative to equity, converts sales into profit at healthy margins, has grown earnings per share at a solid clip over five years, earns many times its interest expense, so debt service isn't a worry, is trading below what a conservative discounted-cash-flow estimate says it's worth - his own "price is what you pay, value is what you get" test, not a fixed multiple ceiling, and trades at a reasonable multiple of owner earnings, his own term for the real cash a business could pay out.
- ROE (TTM) > 11% ✓
- ROE (5yr avg) > 11% ✓
- Debt/Equity < 0.5 ✓
- Pretax margin > 15% ✓
- EPS growth (5yr) > 7% ✓
- Interest coverage > 5x ✓
- Trading below intrinsic value (DCF) ✓
- Price vs. owner earnings < 25x ✓
- Bonus: returning capital via buybacks FY2026
Lynch looked for growth stories that weren't overpriced for that growth, and DECK falls short of his bar. In its favor: DECK is growing at the modest, GDP-ish pace typical of a slow grower, isn't over-leveraged for a company of its type, is cheap enough for a business with limited growth ahead of it, and converts earnings into real cash at a reasonable price. Where it comes up short: DECK doesn't pay much of a dividend, which is the main reason to own a slow grower in the first place.
- Dividend yield > 2.5% ✕
- EPS growth 0%-10% ✓
- Debt/Equity < 0.6 ✓
- P/E < 20 ✓
- Price/FCF < 25 ✓
Quantitative approximations of each investor's documented approach, not endorsed by either investor or their estates - commentary, not this site's actual ranking criteria. Buffett never published a numeric checklist: only 2 of his 8 checks here trace to his own documented concepts ("owner earnings," from his 1986 shareholder letter, and "price is what you pay, value is what you get," his case against fixed P/E/P/B ceilings) - the other 6 (ROE, debt, margins, growth, interest coverage) use commonly-cited thresholds that are not numbers he himself published. The 8 hard filters below (plus the Munger check and Graham margin of safety) are this site's real, mechanical screen and are computed completely independently of the checklists above.
Berkshire Hathaway's own filing
Which of the 8 value filters does Deckers Outdoor pass?
- Market Cap > $25B $11.6B
- Trailing P/E < 25 11.47
- PEG Ratio < 1.5 1.48
- Price/Book < 8 5.06
- Price/Sales < 7 2.11
- EPS Growth YoY > -5% +0.8%
- vs 50-day MA (±12%) Not evaluated †
- vs 200-day MA (±12%) Not evaluated †
What is Deckers Outdoor's margin of safety?
History tracking starts this week - check back in a future week to see how this has moved.
Where is Deckers Outdoor in its 52-week range?
What is the short interest in Deckers Outdoor?
11,813,489 shares short as of 2026-09-30 (FINRA settlement date). Reported twice a month, so this only changes roughly every two weeks, not daily. This period's change looks like a stock split, not a real shift in short positions - share counts aren't split-adjusted at the source.
What could go wrong with Deckers Outdoor? Munger's inversion check
"Invert, always invert." Instead of reasons to buy, these are reasons to hesitate, not a verdict, and not everything worth knowing about a business.
- Margin of safety, even in the bull case +64%
- Short interest under 5% of float 8.8%
- Passes most of the 6 fundamental filters 5/6 passed
- Price run-up backed by value, not just momentum +9% off 52wk low
Doesn't cover circle of competence, management quality, or accounting concerns: those need judgment, not data.
How much have Deckers Outdoor shareholders gained per year?
Earnings growth per share plus dividend.
An earnings-based proxy, not a stock-price total return - it doesn't capture multiple expansion/contraction or reinvested dividends. EPS from DECK's own 10-K filings; dividend yield is the current trailing yield on today's price, from the same weekly fetch as the rest of this site.
What do Deckers Outdoor's 10-year financials show?
From DECK's own 10-K filings (SEC EDGAR): up to the last 10 fiscal years. Press any year's bars for the exact figures.
Frequently asked questions about Deckers Outdoor
What kind of company is Deckers Outdoor?
Deckers Brands designs and sells footwear, led by the Hoka running shoe and the UGG boot, mostly through wholesale partners and its own stores. Brands and businesses it owns include Hoka, UGG, Teva and Sanuk. This site groups it with Textiles, Apparel & Luxury Goods stocks.
Is Deckers Outdoor trading above or below its DCF value?
At $85.28, DECK trades 39.8% below this site's neutral DCF value of $141.56 per share, a margin of safety of +39.8%. That DCF projects free cash flow for 10 years, with growth starting at 8% and fading to 2.5%, discounted at 10%; it is one set of assumptions, not a forecast. Test your own in the Intrinsic Value Calculator.
How many of this site's 8 value filters does Deckers Outdoor pass?
DECK passes 5 of 8. It passes Trailing P/E < 25 (11.47), PEG Ratio < 1.5 (1.48), Price/Book < 8 (5.06), Price/Sales < 7 (2.11) and EPS Growth YoY > -5% (+0.8%). It misses Market Cap > $25B ($11.6B). vs 50-day MA (±12%) and vs 200-day MA (±12%) were not evaluated, because the moving-average checks only run on stocks that clear the fundamentals first. The 8-filter list shows every stock that passes all of them.
Where is Deckers Outdoor trading compared with its 52-week range?
At $85.28, DECK trades 8.9% above its 52-week low of $77.51 and 29.5% below its 52-week high of $120.94. The Near 52-Week Low list tracks stocks in that position.
Is Deckers Outdoor's P/E ratio high or low compared with its own history?
DECK trades at 11.5× trailing earnings. At the end of each of its last 5 fiscal years its P/E was between 14.3× and 32.3× (average 20.8×), so today's multiple is at or below the lowest of those years. Each year's P/E pairs net income per diluted share from the 10-K with the closing price at that fiscal year-end.
How heavily is Deckers Outdoor stock sold short?
As of September 30, 2026, 8.8% of DECK's float was sold short (11,813,489 shares, 3.2 days to cover), up 24.9% from the prior reporting period. FINRA publishes short interest twice a month, so it changes about every two weeks; this site flags anything above 5% of the float.
Where do these numbers come from?
- Financial statements: Deckers Outdoor's 10-K annual report for the year ended Mar 31, 2026, filed May 22, 2026 (filing index). Every earlier year in the 10-year financials comes from the company's older 10-K filings, all listed on SEC EDGAR.
- Prices and market data: quotes, P/E and analyst ratings from Finnhub; daily price history and the 52-week range from Twelve Data, both refreshed weekly. Short interest comes from FINRA, reported twice a month.
- How to check a figure: click any number in the card above to see its exact source, and read the Editorial Standards for every rule behind the checks.
About this Deckers Outdoor Corp analysis
This page shows every value-investing check the site runs on Deckers Outdoor Corp (DECK) in one place: the 8 mechanical filters, the Buffett and Lynch checklists, a margin of safety from a disclosed DCF, earnings quality, shareholder yield and how it ranks against its sector peers. The numbers come from SEC filings and public market data, refreshed weekly, and the same rules apply to every stock on the stock list. See Editorial Standards for the sources and the rules, or run your own filters in the stock screener.