Deckers Outdoor Corporation logo DECK - Deckers Outdoor Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 25
HOLD 24
SELL 6
STRONG
SELL
0
| PRICE TARGET: $120.50 DETAILS
HIGH: $145.00
LOW: $85.00
MEDIAN: $125.00
CONSENSUS: $120.50
UPSIDE: 37.31%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 45.2% below fair value
Current Price $87.76
Bear Case $140.24 59.8% upside ($140.24 - $87.76) / $87.76 = 59.8% $7.02 × 20x P/E
Fair Value $160.28 82.6% upside ($160.28 - $87.76) / $87.76 = 82.6% $7.02 × 23x P/E
Bull Case $180.31 105.5% upside ($180.31 - $87.76) / $87.76 = 105.5% $7.02 × 26x P/E

Adjust Assumptions

22.8x
7.02$

Key Value Driver

Normalized P/E multiple (23x base case)

Implied Market Multiple 12.5x

Plain-Language Summary

Applying a 23x P/E to adjusted EPS of $7.02, the base-case value is $160.28 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (56 analysts) $120.50
Analyst Range $85.00 – $145.00
Divergence from AlphaVal 33%

Warnings

Wall Street's average price target is $120.50 (from 56 analysts). Our estimate is 33% above the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples