NYSE
According to Zyberno, BUCKLE, INC (BKE) shows a Value Trap signal — GOOD BUSINESS (65/100) with an apparent Margin of Safety of +25.4%, but a Brina Gap of +1.4% reveals the current price still assumes faster growth than the business can deliver.
According to Zyberno's DCF model, BUCKLE, INC (BKE) trades at $43.43 against an estimated intrinsic value per share of $58.21 — a +25.4% Margin of Safety based on Owner Earnings of $243.46M TTM, projected at 0.0% growth for 10 years with a 2.5% terminal growth rate. The Brina Gap of +1.4% strengthens the case: based on the company's ROIC (24.1%) and reinvestment rate (9.5%), the business can fundamentally grow at 2.3% — but the current enterprise value implies the market expects 0.9%. This places BKE in the Value Trap quadrant of the Brina Matrix — a value-trap signal where the apparent discount is undermined by overpriced growth expectations. Zyberno's model translates this into a 5-year expected return of 6.0% annually.
Over the trailing twelve months, BKE generated $243.46M in Owner Earnings. Capital was deployed as follows: $225.22M paid as dividends, $48.62M invested in capital expenditures. Reinvestment rate: 9.5%. Owner Earnings have grown at 0.0% annually over the trailing five years using log-linear regression.