Boot Barn Holdings (BOOT) Fair Value & Analysis
Consumer Cyclical · US · Market cap $4.9B
Boot Barn Holdings
BOOT · US
Fair value as of: Jul 14, 2026
From 26 valuation models · updated 27 days ago
Fair value updated Jul 14, 2026, revised from $131.82 to $128.55 (−2.5%) since Jun 24, 2026. Share price +4.6% over the past month.
A solid business, but screening 21% overvalued on our models.
What matters now
- The model range is unusually wide ($61.51 to $192.52). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.
How to read this chart
60‑month range $51.49 – $207.98 · fair‑value band $61.51 – $192.52 · the $163.60 price screens above the $128.55 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.
Analysis
Boot Barn Holdings (BOOT) currently trades at $163.60, while our model-based Fair Value estimate is $128.55, implying the stock looks roughly 21.4% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Boot Barn Holdings generated revenue of $2.3B at a net margin of 10.0%. Revenue grew 18.7% year over year. It earns a return on equity of 18.4%. Net debt stands at $632M. Fundamentals as of Jul 14, 2026
Our scenario range runs from $61.51 (bear case) to $192.52 (bull case); at $163.60, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 23% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -45% fair-value upside, at -21%, BOOT screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: Growth Earnings ($181.13) versus Dividend Discount ($1.74). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 55 · Market factors (momentum, volatility) 29
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Boot Barn Holdings, Inc. operates specialty retail stores in the United States and internationally. The company's lifestyle retail chain engages in the sale of western and work-related footwear, apparel and accessories for men, women, and kids.
Full company description
Boot Barn Holdings, Inc. operates specialty retail stores in the United States and internationally. The company's lifestyle retail chain engages in the sale of western and work-related footwear, apparel and accessories for men, women, and kids. It offers denim, western shirts, cowboy hats, belts and belt buckles, rugged footwear, outerwear, overalls, shirts, safety-toe boots, hats, flame-resistant and high-visibility clothing, and western-style jewelry and accessories, as well as gifts and home merchandise. The company provides its products under the Ariat, Cinch, Cody James, Dan Post, Durango, Horsepower, Idyllwind, Justin, Kimes Ranch, Laredo, Levi's, Miss Me, Montana Silversmiths, Moonshine Spirit, Resistol, Shyanne, Stetson, Tony Lama, Twisted X, Wrangler, Brunt, Carhartt, Cody James Work, Georgia Boot, Hawx, Thorogood, Timberland Pro, Wolverine, Rank 45, Cody James Black 1978, Gibson, Cleo + Wolf, and El Dorado brand names. It sells its products through various e-commerce platform, including websites, mobile app, and third-party marketplaces, as well as retail stores under the Boot Barn brand name. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. in June 2014. Boot Barn Holdings, Inc. was founded in 1978 and is based in Irvine, California.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Boot Barn Holdings reported revenue of $2.3B in FY2026 versus $1.5B in FY2022, a compound +10.9%/yr. Reported net income was $226M in FY2026, compounding +4.1%/yr from FY2022.
BOOT screens 21% overvalued. Compare with Industria de Diseño Textil, S.A →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Will BOOT's Raised Fiscal 2027 Outlook Hold as Tariff Refunds Fade?
- Is Boot Barn (BOOT) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Should Investors Buy BOOT as Growth Outpaces Near-Term Margin Risks?
- BOOT or TPR: Which Is the Better Value Stock Right Now?
Peer Group
Apparel Retail · 107 stocks
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.
Valuation Multiples vs Apparel Retail median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Apparel Retail stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Industria de Diseño Textil, S.A 1ITX | €58.44 | €23.29 | -60% |
| The TJX Companies, Inc TJX | $154.46 | $84.95 | -45% |
| Fast Retailing Co 6288 | HK$40.00 | HK$15.37 | -62% |
| Ross Stores, Inc ROST | $233.46 | $118.41 | -49% |
| Burlington Stores, Inc BURL | $327.72 | $147.08 | -55% |
| Trent Limited TRENT | ₹2,903 | ₹709.49 | -76% |
| lululemon athletica inc., LULU | $116.33 | $299.63 | +158% |
| Aritzia Inc ATZ | C$160.05 | C$87.26 | -45% |
| The Gap, Inc GAP | $20.35 | $37.12 | +82% |
| Urban Outfitters, Inc URBN | $72.95 | $92.88 | +27% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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