Just re-Posting to compare the Fair Value I computed vs. what the market will show next week as earnings unfold. Fair Value is between $40-$45 depending on the growth rate used. I used a 12% growth vs 2009. This stock is way under valued... How many people have heard of the Buckle??? Not much.

Year Revenue % Increase
2008 792,042 27.77%
2007 619,888 16.94%
2006 530,074 12.56%
2005 470,937 11.38%
2004 422,820 5.43%
2003 401,060 -


General Pro Forma
10-Year Excess Return Period
Total Corporate Value 2,637,238
Less Debt 465,340
Less Preferred Stock -
Less Short Term Liabilities 90,161
Total Value To Common Equity 2,081,737
Intrinsic Stock Value 45.14
Current Stock Price 32.00
Valuation Ratio 1.41
Buy/Sell Decision Buy