3 years+ ago, ten year bond was more than 50% higher than where it is today.
Deckers earnings are only down 15% compared to that time but still producing cash to the tune of 250M/year.
With the ten year down more than 50% from that time, Deckers, even with the 15% lower earnings, should be worth more than double the price of the stock value at that time just in comparison to the ten year bond rate and its production of cash.
Do not be fooled by the STAGNATION of the stock price. This is such low ball offer for a company that makes more than 13.6% its current value in cash/year. Do not give up your ownershi just because of impatience. This is 5 bagger over the next 5 years! Winf at our backs.
In 10 years, cash will more than surpass the current value of stock price today, and even with a 10B valuation, stock will be have 15-25% of money in cash. BARGAIN! 1694 .5 days. I will keep reminding. I have no fear!