WallStSmart

Birkenstock Holding plc (BIRK)vsDeckers Outdoor Corporation (DECK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Deckers Outdoor Corporation generates 151% more annual revenue ($5.37B vs $2.14B). DECK leads profitability with a 19.4% profit margin vs 17.7%. DECK appears more attractively valued with a PEG of 1.37. BIRK earns a higher WallStSmart Score of 71/100 (B).

BIRK

Strong Buy

71

out of 100

Grade: B

Growth: 6.0Profit: 7.0Value: 10.0Quality: 6.8
Piotroski: 6/9Altman Z: 1.82

DECK

Strong Buy

70

out of 100

Grade: B

Growth: 6.7Profit: 9.5Value: 10.0Quality: 9.0
Piotroski: 6/9Altman Z: 5.43
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BIRKUndervalued (+63.6%)

Margin of Safety

+63.6%

Fair Value

$109.98

Current Price

$36.37

$73.61 discount

UndervaluedFair: $109.98Overvalued
DECKUndervalued (+32.2%)

Margin of Safety

+32.2%

Fair Value

$170.07

Current Price

$100.05

$70.02 discount

UndervaluedFair: $170.07Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BIRK2 strengths · Avg: 8.0/10
P/E RatioValuation
15.5x8/10

Attractively priced relative to earnings

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

DECK6 strengths · Avg: 9.2/10
Return on EquityProfitability
39.7%10/10

Every $100 of equity generates 40 in profit

Operating MarginProfitability
31.4%10/10

Strong operational efficiency at 31.4%

Altman Z-ScoreHealth
5.4310/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.139/10

Conservative balance sheet, low leverage

P/E RatioValuation
14.6x8/10

Attractively priced relative to earnings

Free Cash FlowQuality
$1.02B8/10

Generating 1.0B in free cash flow

Areas to Watch

BIRK3 concerns · Avg: 3.3/10
EPS GrowthGrowth
1.5%4/10

1.5% earnings growth

Altman Z-ScoreHealth
1.824/10

Grey zone — moderate risk

Free Cash FlowQuality
$-65.40M2/10

Negative free cash flow — burning cash

DECK0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : BIRK

The strongest argument for BIRK centers on P/E Ratio, Price/Book. Profitability is solid with margins at 17.7% and operating margin at 19.0%. Revenue growth of 11.1% demonstrates continued momentum.

Bull Case : DECK

The strongest argument for DECK centers on Return on Equity, Operating Margin, Altman Z-Score. Profitability is solid with margins at 19.4% and operating margin at 31.4%. PEG of 1.37 suggests the stock is reasonably priced for its growth.

Bear Case : BIRK

The primary concerns for BIRK are EPS Growth, Altman Z-Score, Free Cash Flow.

Bear Case : DECK

No major red flags identified for DECK, but monitor valuation.

Key Dynamics to Monitor

DECK carries more volatility with a beta of 1.16 — expect wider price swings.

BIRK is growing revenue faster at 11.1% — sustainability is the question.

DECK generates stronger free cash flow (1.0B), providing more financial flexibility.

Monitor FOOTWEAR & ACCESSORIES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BIRK scores higher overall (71/100 vs 70/100), backed by strong 17.7% margins and 11.1% revenue growth. DECK offers better value entry with a 32.2% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Birkenstock Holding plc

CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES · USA

Birkenstock Holding plc manufactures and sells footwear products. The company is headquartered in London, the United Kingdom.

Deckers Outdoor Corporation

CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES · USA

Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories for casual lifestyle and high performance activities. The company is headquartered in Goleta, California.

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