(BKE) Buckle - Overview
Sector: Consumer Cyclical | Industry: Apparel Retail | Exchange: NYSE (USA) | Market Cap: 2.541m USD | Total Return: 23.7% in 12m
Avg Turnover: 18.0M
EPS Trend: -81.5%
Qual. Beats: 1
Rev. Trend: -34.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Buckle, Inc. (BKE) is a Kearney, Nebraska-based retailer specializing in casual apparel, footwear, and accessories for men, women, and children. Operating primarily through its Buckle and Buckle Youth storefronts across the United States, the company maintains a dual-inventory strategy that blends third-party brand names with an extensive portfolio of private label merchandise, such as BKE, Daytrip, and Outpost Makers.
The company distinguishes itself through a service-oriented business model, offering in-store hemming, personalized styling, and a proprietary credit card program to drive customer retention. In the apparel retail sector, high-margin private label goods often account for a significant portion of total sales, allowing retailers greater control over supply chains and pricing compared to wholesale-only models. Investors may find it useful to examine ValueRay for deeper insights into the company’s valuation metrics. Historically, The Buckle has focused its physical footprint on regional shopping malls, a strategy that relies heavily on consistent foot traffic and localized brand loyalty.
- Higher private label denim penetration increases gross margins and brand loyalty
- Consumer discretionary spending shifts impact mall-based brick and mortar traffic
- High dividend yield and special distributions drive investor total return profile
- Competitive landscape in casual apparel pressures denim pricing and market share
- Fluctuations in cotton prices and supply chain costs affect product margins
| Net Income: 209.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.21 > 0.02 and ΔFCF/TA -1.11 > 1.0 |
| NWC/Revenue: 16.27% < 20% (prev 18.50%; Δ -2.23% < -1%) |
| CFO/TA 0.25 > 3% & CFO 251.1m > Net Income 209.7m |
| Net Debt (134.4m) to EBITDA (286.9m): 0.47 < 3 |
| Current Ratio: 1.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (50.9m) vs 12m ago 0.73% < -2% |
| Gross Margin: 48.99% > 18% (prev 0.49%; Δ 4.85k% > 0.5%) |
| Asset Turnover: 136.3% > 50% (prev 133.3%; Δ 2.95% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
| A: 0.21 (Total Current Assets 447.9m - Total Current Liabilities 236.7m) / Total Assets 991.3m |
| B: 0.20 (Retained Earnings 202.1m / Total Assets 991.3m) |
| C: 0.27 (EBIT TTM 261.4m / Avg Total Assets 952.2m) |
| D: 0.36 (Book Value of Equity 202.6m / Total Liabilities 566.6m) |
| Altman-Z'' = 4.28 = AA |
| DSRI: 1.52 (Receivables 11.0m/6.76m, Revenue 1.30b/1.22b) |
| GMI: 0.99 (GM 48.99% / 48.68%) |
| AQI: -7.66 (AQ_t -0.32 / AQ_t-1 0.04) |
| SGI: 1.07 (Revenue 1.30b / 1.22b) |
| TATA: -0.04 (NI 209.7m - CFO 251.1m) / TA 991.3m) |
| Beneish M = -7.73 (Cap -4..+1) = AAA |
As of May 26, 2026, the stock is trading at USD 49.33 with a total of 332,800 shares traded.
Over the past week, the price has changed by +2.28%,
over one month by -12.69%,
over three months by -7.82% and
over the past year by +23.68%.
Buckle has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold BKE.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 52 | 5.4% |
P/E Trailing = 11.9155
P/E Forward = 11.7509
P/S = 1.9582
P/B = 5.9848
P/EG = 3.3156
Revenue TTM = 1.30b USD
EBIT TTM = 261.4m USD
EBITDA TTM = 286.9m USD
Long Term Debt = 297.9m USD (estimated: total debt 383.8m - short term 85.9m)
Short Term Debt = 85.9m USD (from shortTermDebt, last quarter)
Debt = 383.8m USD (from shortLongTermDebtTotal, last quarter) (leases 383.8m already included)
Net Debt = 134.4m USD (calculated: Debt 383.8m - CCE 249.5m)
Enterprise Value = 2.68b USD (2.54b + Debt 383.8m - CCE 249.5m)
Interest Coverage Ratio = unknown (Ebit TTM 261.4m / Interest Expense TTM 0.0)
EV/FCF = 13.00x (Enterprise Value 2.68b / FCF TTM 205.8m)
FCF Yield = 7.69% (FCF TTM 205.8m / Enterprise Value 2.68b)
FCF Margin = 15.86% (FCF TTM 205.8m / Revenue TTM 1.30b)
Net Margin = 16.16% (Net Income TTM 209.7m / Revenue TTM 1.30b)
Gross Margin = 48.99% ((Revenue TTM 1.30b - Cost of Revenue TTM 662.0m) / Revenue TTM)
Gross Margin QoQ = 52.60% (prev 47.97%)
Tobins Q-Ratio = 2.70 (Enterprise Value 2.68b / Total Assets 991.3m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 383.8m)
Taxrate = 23.29% (24.5m / 105.4m)
NOPAT = 200.6m (EBIT 261.4m * (1 - 23.29%))
Current Ratio = 1.89 (Total Current Assets 447.9m / Total Current Liabilities 236.7m)
Debt / Equity = 0.90 (Debt 383.8m / totalStockholderEquity, last quarter 424.6m)
Debt / EBITDA = 0.47 (Net Debt 134.4m / EBITDA 286.9m)
Debt / FCF = 0.65 (Net Debt 134.4m / FCF TTM 205.8m)
Total Stockholder Equity = 464.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.03% (Net Income 209.7m / Total Assets 991.3m)
RoE = 45.18% (Net Income TTM 209.7m / Total Stockholder Equity 464.2m)
RoCE = 34.30% (EBIT 261.4m / Capital Employed (Equity 464.2m + L.T.Debt 297.9m))
RoIC = 23.86% (NOPAT 200.6m / Invested Capital 840.5m)
WACC = 8.38% (E(2.54b)/V(2.93b) * Re(9.64%) + D(383.8m)/V(2.93b) * Rd(0.0%) * (1-Tc(0.23)))
Discount Rate = 9.64% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 0.87%
[DCF] Terminal Value 75.75% ; FCFF base≈203.4m ; Y1≈209.3m ; Y5≈233.0m
[DCF] Fair Price = 67.08 (EV 3.59b - Net Debt 134.4m = Equity 3.46b / Shares 51.5m; r=8.38% [WACC]; 5y FCF grow 3.02% → 2.50% )
EPS Correlation: -81.51 | EPS CAGR: -6.87% | SUE: 0.87 | # QB: 1
Revenue Correlation: -34.35 | Revenue CAGR: -1.06% | SUE: 0.48 | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.89 | Chg30d=-0.90% | Revisions=+20% | Analysts=2
EPS current Year (2027-01-31): EPS=4.21 | Chg30d=-0.68% | Revisions=+20% | GrowthEPS=+1.7% | GrowthRev=+4.7%
EPS next Year (2028-01-31): EPS=4.50 | Chg30d=-2.13% | Revisions=+20% | GrowthEPS=+7.0% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +20%