DECKERS OUTDOOR CORP (DECK)

Rubber & Plastics Footwear

Latest Price

$96.88

TTM P/E

13.80

Normalized P/E

6.02

Div Yield

Book Value

17.76

P/B Ratio

5.45

Valuation metrics

EPS: $7.02

Book value / share: $17.86

Formula: √(22.5 × EPS × BVPS)

Graham Number

$53.11

45% downside

Norm. op. income: $653M (median of 7yr)

Tax rate: 22%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$49.81

49% downside

Base FCF: $944M (median of recent 5yr)

Growth: 20%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$356.40

+268% upside

EPS: $7.02

Target P/E: 6×

Formula: EPS × P/E

P/E Fair Value

$42.12

57% downside

91.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	14.79M	$1.48B	10.56%	-342.5K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	9.23M	$924.0M	6.60%	--	2026-03-31
STATE STREET CORP	6.18M	$618.0M	4.42%	-155.5K	2026-03-31
FMR LLC	6.13M	$613.0M	4.38%	-3.99M	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	5.84M	$584.0M	4.17%	--	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	4.04M	$402.0M	2.88%	+15.3K	2026-03-31
AQR CAPITAL MANAGEMENT LLC	3.92M	$383.0M	2.80%	+1.29M	2026-03-31
Invesco Ltd.	3.01M	$300.0M	2.15%	+252.5K	2026-03-31
UBS Group AG	2.26M	$225.0M	1.61%	+613.9K	2026-03-31
MORGAN STANLEY	2.12M	$212.0M	1.51%	+11.9K	2026-03-31