Buckle Inc (BKE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Buckle Inc stock $66.69, price $41.96, upside +58.9%, quality 78 out of 100. Rating: strongly undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $18.51 – $56.19 · fair‑value band $47.51 – $89.00 · the $41.96 price screens below the $66.69 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for men, women, and kids under the Buckle and Buckle Youth brands in the United States.
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The company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise comprising the BKE, Buckle Black, Ace High, Daytrip, Departwest, FITZ + EDDI, Freshwear, Gentry Country, Gilded Intent, Gimmicks, J.B. Holt, Maven Co-op, Modish Rebel, Nova Industries, Outpost Makers, Reclaim, Salvage, Sterling & Stitch, Veece, Willow & Root, 33 Coastal, and Funk Lagoon brands.
It also provides services, such as hemming, gift-packaging, layaways, a guest loyalty program, the Buckle private label credit card, personalized stylist services, and a special-order system that allows stores to obtain specifically requested merchandise from other company stores or from its online order fulfillment center.
The company was formerly known as Mills Clothing, Inc. and changed its name to The Buckle, Inc. in April 1991. The Buckle, Inc. was incorporated in 1948 and is headquartered in Kearney, Nebraska.
Stock analysis
Buckle Inc (BKE) currently trades at $41.96, while our model-based Fair Value estimate is $66.69, implying the stock looks roughly 37% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $74.91 per share, and 19 of the 25 models we run sit above the $41.96 price.
Bear case: the Economic Profit group reads lowest at $34.60, and 6 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: $47.51 (bear) to $89.00 (bull), the price of $41.96 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 78/100 (high quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Buckle Inc reported revenue of $1.3B in FY2026 versus $1.3B in FY2022, a compound +0.1%/yr. Reported net income was $210M in FY2026, compounding −4.8%/yr from FY2022.
Key figures
Market cap $2.2B Mid · P/E ratio 9.7 · P/S ratio 1.63 · EPS (TTM) $4.34 · Dividend yield 3.3% · Net margin 16.6% · Return on equity 45.8% · Return on assets (EBIT) 33.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 76 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −18% fair-value upside, at 59%, BKE screens cheaper than that median.
Fair Value models
Bear$47.51Fair Value $66.69Bull$89.00
Price $41.96 · Upside +58.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 9 months old). Earnings retained since then ($2.26 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 2 officers or directors sold shares worth $622,160 and none bought.
SaleScott A WerthSVP Stores2,500 shares at $46.75$116,870Oct 22, 2026
SaleBill L FairfieldDirector2× since Jun 8, 2026: 11,000 shares, avg. $45.94$505,290Oct 15, 2026
SaleKari G SmithEVP Stores, Director2× since Mar 16, 2026: 80,000 shares, avg. $51.95$4.2MApr 10, 2026
SaleMichelle HoffmanSVP Sales2× since Mar 19, 2026: 46,200 shares, avg. $51.13$2.4MApr 10, 2026
Plus 2 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+6.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.6%
Start year 2021 (pandemic). Over 10 years: +1.5% a year
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.2%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+12.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+9.3%
Dividend (yield on the price)3.3%
Per share before 2014divided by the spin-off factor 1.0241
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.9.3% vs 3.1%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.19% → 20%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−4.6%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −6.8% a year for the price.
News mood ⓘNews mood, the average tone of recent news (92 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Moderate moat signals from margins and balance sheet strength contrast with limited differentiation in a competitive apparel retail sector.
Main risk: Added store and overhead costs from continued expansion could exceed margin gains from category mix, pressuring profitability.
Buckle keeps expanding its store count while comparable sales rose just half a percent in the latest reported month. Strength in women's and kids lines plus private label helps offset softer men's and footwear results as the company invests in locations and operations. Our models see it as undervalued. Will the category mix lift margins enough to cover the added store and overhead costs?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Apparel Retail · 100 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score78 · Top 25%
Fair Value upside+58.9% · Above median
Profitability
Return on equity (12 months)45.8% · Top 25%
Return on assets21.2% · Top 25%
Net margin (12 months)16.6% · Top 25%
Operating margin (12 months)17.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)4.6% · Above median
Dividend yield (12 months)3.3% · Above median
Valuation Multiplesvs Apparel Retail median · lower = cheaper
P/E (12 months)9.7× · Cheapest 25%
P/B5.11× · Priciest 25%
P/S (12 months)1.63× · Priciest 25%
Price / free cash flow (fiscal year)10.5× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Buckle Inc Fair Value". https://www.fairvalue-calculator.com/stock/BKE
Frequently asked questions
Is Buckle Inc (BKE) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $66.69 versus a price of $41.96, about +59% upside (undervalued).
What is the fair value of BKE?
Our model-based fair value for Buckle Inc is $66.69 (as of Nov 7, 2026), built from audited fundamentals. The current price: $41.96.
What is the quality score of BKE?
Buckle Inc has a Quality Score of 78/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Buckle Inc (BKE)?
Our model-based price target is the fair value of $66.69 (as of Nov 7, 2026) from 25 valuation models. Cautious scenario $47.51, optimistic scenario $89.00. It is a calculation from audited fundamentals, not an analyst target.
What is the Buckle Inc stock forecast for 2026?
Our models put fair value at $66.69, about +59% upside versus a price of $41.96 (undervalued). Cautious scenario $47.51, optimistic scenario $89.00. The calculation is refreshed regularly with new filings.
What is the revenue of Buckle Inc (BKE)?
Buckle Inc reported trailing-twelve-month revenue of about $1.3B (latest available figure, as of Nov 7, 2026).
Does Buckle Inc pay a dividend?
Buckle Inc currently shows a dividend yield of 3.34% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Buckle Inc (BKE) and when is the ex-dividend date?
Buckle Inc pays a dividend of $1.40 per share a year, a dividend yield of 3.3%. The last ex-dividend date was Oct 15, 2026. A dividend has been paid every year since 2003. The payout ratio is 32.3% of earnings. Free cash flow covers the dividend 2.85 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Buckle Inc (BKE)?
For today's price to be fair in a discounted-cash-flow model, Buckle Inc would have to grow free cash flow by -4.6 % per year for five years (discount rate 9.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.6 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of BKE use?
Our models discount Buckle Inc at 9.9 %: a base by market capitalisation (mid), damped by beta 1.06, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Buckle Inc that is -4.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.9 %) and the same formula as our fair value.
How much growth has Buckle Inc (BKE) delivered so far?
Over the past 5 years revenue at Buckle Inc grew +7.6 % a year. The price currently implies free-cash-flow growth of -4.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Buckle Inc (BKE) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Buckle Inc (-4.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Buckle Inc (BKE)?
The free-cash-flow yield on the price is 9.67 %: that much free cash flow Buckle Inc produces per unit of market value. When it exceeds the discount rate of our models (9.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Buckle Inc (BKE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Buckle Inc it is $66.69 per share (as of Nov 7, 2026), against a price of $41.96. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Buckle Inc stock overvalued or undervalued in 2026?
As of Nov 7, 2026, BKE trades below its calculated fair value: price $41.96, fair value $66.69, a gap of about +59% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BKE?
No. The price is what the market pays today ($41.96); the fair value is what the company's own numbers justify ($66.69). For Buckle Inc the two are $24.73 per share apart. That gap is exactly why we show both numbers side by side.
How much is Buckle Inc worth?
The market values Buckle Inc at about $2.2B (market capitalisation, as of Nov 7, 2026). Per share that is $41.96; our models calculate a fair value of $66.69 per share.
What do the bullish and bearish scenarios say about BKE?
Our models span a range for Buckle Inc: cautious scenario $47.51, base $66.69, optimistic $89.00 per share (as of Nov 7, 2026, price $41.96). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BKE?
Buckle Inc trades at a price-to-earnings ratio of 9.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $66.69 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings, FY2026 ex one-offs: 10.6. Other multiples: PEG 3.3, P/B 5.1, P/S 1.6, EV/EBITDA 6.3.
What is the PEG ratio of BKE?
The PEG ratio of Buckle Inc is 3.32 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Buckle Inc (BKE)?
Balance-sheet figures for Buckle Inc (as of Nov 7, 2026): return on equity 45.8%. They feed the Quality Score of 78/100, which measures business quality independently of the share price.
How far is BKE from its 52-week high?
Buckle Inc trades at $41.96, about 25% below its 52-week high of $55.62 and 7% above the low of $39.34 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $66.69 is for.
Which stocks are comparable to Buckle Inc?
From the same area (Consumer Cyclical) we also value Industria de Diseño Textil, S.A, The TJX Companies, Inc, Fast Retailing Co, Ross Stores, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Buckle Inc stock attractive at the current price?
The data as of Nov 7, 2026: price $41.96, calculated fair value $66.69 (+59%), Quality Score 78/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BKE calculated?
We run Buckle Inc through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $66.69 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Buckle Inc currently trades 37% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Buckle Inc (BKE)?
The closing price on Nov 6, 2026 was $41.96. Our model-based fair value is $66.69, about +59% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Buckle Inc right now?
The rarer combination: high quality (78/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case ($47.51). The market is more pessimistic than our downside scenario. A fairly wide model range ($47.51 to $89.00) leaves room in how you read the outcome.
Where does the earnings growth of Buckle Inc (BKE) come from?
Earnings per share at Buckle Inc grew +4.4 % a year from 2015 to 2026. Broken into its drivers: revenue per share +1.2 %, EBIT margin +0.4 %, tax rate +2.2 %, residual (interest, one-offs) +0.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Buckle Inc
How large is the market capitalisation of Buckle Inc (BKE)?
The market capitalisation of Buckle Inc is $2.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Buckle Inc (BKE)?
The price-to-sales ratio of Buckle Inc is 1.63 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Buckle Inc (BKE)?
Earnings per share at Buckle Inc are $4.34 (price ÷ EPS = P/E 9.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Buckle Inc (BKE)?
The dividend yield of Buckle Inc is 3.3% (payout 32.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Buckle Inc (BKE)?
The net margin of Buckle Inc is 16.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Buckle Inc (BKE)?
The return on equity (ROE) of Buckle Inc is 45.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Buckle Inc (BKE)?
On an EBIT basis the return on assets of Buckle Inc is 33.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Buckle Inc (BKE)?
The operating margin of Buckle Inc is 17.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Buckle Inc (BKE)?
Revenue at Buckle Inc is growing +4.6% versus a year earlier (3y avg −1.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Buckle Inc (BKE)?
Earnings per share at Buckle Inc are growing −2.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Buckle Inc (BKE) carry?
The net debt of Buckle Inc is $134M (fiscal year 2026, ≈ 0.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026