Deckers Outdoor (FRA:DO2) ROCE %: 24.01% (As of Mar. 2026)


FRA:DO2 Deckers Outdoor Corp FRA:DO2
99 GF Score
Price €91.14
GF Value €131.49
Valuation Significantly Undervalued
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What is Deckers Outdoor ROCE %?

Deckers Outdoor FRA:DO2 +1.61% 99 ROCE % is 24.01% as of Mar. 2026. GuruFocus rates FRA:DO2 with a GF Score™ of 99/100 and a GF Value™ of €131.49 (Significantly Undervalued).

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Deckers Outdoor's annualized ROCE % for the quarter that ended in Mar. 2026 was 24.01%.

Deckers Outdoor  (FRA:DO2) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Deckers Outdoor ROCE % Related Terms

Deckers Outdoor ROCE % Historical Data

* Premium members only.

The historical data trend for Deckers Outdoor's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Deckers Outdoor ROCE % Chart

Deckers Outdoor Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.71 35.24 43.57 47.93 45.21

Deckers Outdoor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.36 25.47 48.49 87.20 24.01
FRA:DO2
99GF Score
Deckers Outdoor Corp FRA:DO2
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Deckers Outdoor ROCE % Calculation

Deckers Outdoor's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1149.486/( ( (3302.483 - 712.195) + (3189.917 - 695.524) )/ 2 )
=1149.486/( (2590.288+2494.393)/ 2 )
=1149.486/2542.3405
=45.21 %

Deckers Outdoor's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=602.128/( ( (3503.236 - 981.624) + (3189.917 - 695.524) )/ 2 )
=602.128/( ( 2521.612 + 2494.393 )/ 2 )
=602.128/2508.0025
=24.01 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 24.01% mean?
Deckers Outdoor (FRA:DO2) has a ROCE % of 24.01% as of Mar. 2026.
Is Deckers Outdoor's ROCE % too high?
Deckers Outdoor's current ROCE % is 24.01%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Deckers Outdoor's value of 24.01% is 291% above this industry median. Overall, Deckers Outdoor has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deckers Outdoor's ROCE % compare to ONON and BIRK?
Deckers Outdoor's ROCE % of 24.01% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Deckers Outdoor's value of 24.01% is 291% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deckers Outdoor's current ROCE % of 24.01% is 291% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deckers Outdoor's current ROCE % is 24.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deckers Outdoor stock overvalued right now?
Based on GuruFocus' analysis, Deckers Outdoor (FRA:DO2) is currently considered Significantly Undervalued. The stock's GF Value™ is €131.49, compared to a current price of €91.14 — trading 30.7% below its estimated fair value. The current ROCE % is 24.01% and 291% above the Manufacturing - Apparel & Accessories industry median of 6.14. Deckers Outdoor's overall GF Score™ is 99/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Deckers Outdoor (FRA:DO2), the current ROCE % is 24.01% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Deckers Outdoor (FRA:DO2) Overvalued in 2026?

Based on GuruFocus' analysis, Deckers Outdoor stock appears to be undervalued. The current stock price of €91.14 is trading 30.7% below its estimated GF Value™ of €131.49. GuruFocus considers Deckers Outdoor to be Significantly Undervalued.

Key valuation signals for FRA:DO2:

  • ROCE %: 24.01%
  • GF Value™: €131.49 vs. price of €91.14 (30.7% below fair value)
  • GF Score™: 99/100
  • Industry Position: 291% above the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the FRA:DO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Deckers Outdoor Business Description

Address 250 Coromar Drive, Goleta, CA, USA, 93117
Founded in 1973, California-based Deckers designs and sells casual and performance footwear, apparel, and accessories. In fiscal 2026, Ugg and Hoka accounted for 50% and 47% of total sales, respectively. The firm also markets a niche sandal brand Teva. Deckers produces most of its sales through wholesale partnerships but also operates e-commerce in more than 50 countries and has more than 200 company-operated stores, about half of which are outlets. The firm generated 58% of its fiscal 2026 sales in the United States.
99GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€91.14
Price
€131.49
GF Value