CALERES INC (CAL)
US1295001044 - Common Stock
Taking everything into account, CAL scores 6 out of 10 in our fundamental rating. CAL was compared to 123 industry peers in the Specialty Retail industry. CAL has an excellent profitability rating, but there are some minor concerns on its financial health. CAL may be a bit undervalued, certainly considering the very reasonable score on growth This makes CAL very considerable for value investing!
1. Profitability
1.1 Basic Checks
CAL had positive earnings in the past year.
CAL had a positive operating cash flow in the past year.
CAL had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CAL had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 7.76%, CAL belongs to the best of the industry, outperforming 80.17% of the companies in the same industry.
The Return On Equity of CAL (25.87%) is better than 82.64% of its industry peers.
CAL has a better Return On Invested Capital (12.76%) than 81.82% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CAL is above the industry average of 12.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.76% | ||
| ROE | 25.87% | ||
| ROIC | 12.76% |
ROA(3y)8.57%
ROA(5y)0.94%
ROE(3y)37.34%
ROE(5y)-19.58%
ROIC(3y)16.15%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CAL (5.60%) is better than 78.51% of its industry peers.
CAL has a Operating Margin of 6.64%. This is in the better half of the industry: CAL outperforms 75.21% of its industry peers.
CAL's Operating Margin has improved in the last couple of years.
CAL's Gross Margin of 45.19% is fine compared to the rest of the industry. CAL outperforms 71.90% of its industry peers.
In the last couple of years the Gross Margin of CAL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.64% | ||
| PM (TTM) | 5.6% | ||
| GM | 45.19% |
OM growth 3YN/A
OM growth 5Y11.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.81%
GM growth 5Y1.91%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CAL is still creating some value.
Compared to 1 year ago, CAL has less shares outstanding
The number of shares outstanding for CAL has been reduced compared to 5 years ago.
The debt/assets ratio for CAL has been reduced compared to a year ago.
2.2 Solvency
CAL has an Altman-Z score of 2.50. This is not the best score and indicates that CAL is in the grey zone with still only limited risk for bankruptcy at the moment.
CAL has a Altman-Z score of 2.50. This is comparable to the rest of the industry: CAL outperforms 57.02% of its industry peers.
The Debt to FCF ratio of CAL is 1.08, which is an excellent value as it means it would take CAL, only 1.08 years of fcf income to pay off all of its debts.
CAL has a better Debt to FCF ratio (1.08) than 80.99% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that CAL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.24, CAL is in the better half of the industry, outperforming 61.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.08 | ||
| Altman-Z | 2.5 |
ROIC/WACC1.28
WACC9.96%
2.3 Liquidity
CAL has a Current Ratio of 1.09. This is a normal value and indicates that CAL is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of CAL (1.09) is worse than 70.25% of its industry peers.
A Quick Ratio of 0.32 indicates that CAL may have some problems paying its short term obligations.
CAL has a Quick ratio of 0.32. This is in the lower half of the industry: CAL underperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.60% over the past year.
The Earnings Per Share has been growing by 13.59% on average over the past years. This is quite good.
Looking at the last year, CAL shows a decrease in Revenue. The Revenue has decreased by -1.80% in the last year.
CAL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.12% yearly.
EPS 1Y (TTM)5.6%
EPS 3YN/A
EPS 5Y13.59%
EPS Q2Q%-13.27%
Revenue 1Y (TTM)-1.8%
Revenue growth 3Y9.99%
Revenue growth 5Y-0.12%
Sales Q2Q%-1.76%
3.2 Future
CAL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.80% yearly.
CAL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.48% yearly.
EPS Next Y-2.32%
EPS Next 2Y5.23%
EPS Next 3Y6.46%
EPS Next 5Y10.8%
Revenue Next Year-1.9%
Revenue Next 2Y0.67%
Revenue Next 3Y1.49%
Revenue Next 5Y4.48%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CAL is valuated cheaply with a Price/Earnings ratio of 7.69.
CAL's Price/Earnings ratio is rather cheap when compared to the industry. CAL is cheaper than 96.69% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.96. CAL is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.58 indicates a rather cheap valuation of CAL.
CAL's Price/Forward Earnings ratio is rather cheap when compared to the industry. CAL is cheaper than 95.04% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.82. CAL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.69 | ||
| Fwd PE | 6.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAL is valued cheaply inside the industry as 95.87% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CAL is valued cheaply inside the industry as 92.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.88 | ||
| EV/EBITDA | 4.13 |
4.3 Compensation for Growth
CAL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2Y5.23%
EPS Next 3Y6.46%
5. Dividend
5.1 Amount
CAL has a yearly dividend return of 0.94%, which is pretty low.
The stock price of CAL dropped by -30.73% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.09, CAL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.23, CAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
5.2 History
The dividend of CAL decreases each year by -0.22%.
CAL has paid a dividend for at least 10 years, which is a reliable track record.
CAL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.22%
Div Incr Years0
Div Non Decr Years25
5.3 Sustainability
CAL pays out 6.28% of its income as dividend. This is a sustainable payout ratio.
DP6.28%
EPS Next 2Y5.23%
EPS Next 3Y6.46%
CALERES INC
NYSE:CAL (11/21/2024, 7:11:53 PM)
After market: 30.46 0 (0%)30.46
+0.71 (+2.39%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.07B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.69 | ||
| Fwd PE | 6.58 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.76% | ||
| ROE | 25.87% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.64% | ||
| PM (TTM) | 5.6% | ||
| GM | 45.19% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)5.6%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-2.32%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.8%
Revenue growth 3Y9.99%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y