CALERES INC (CAL) Stock Fundamental Analysis
USA - NYSE:CAL - US1295001044 - Common Stock
11.04 USD
+0.06 (+0.55%)
11.04 USD
0 (0%)
Taking everything into account, CAL scores 5 out of 10 in our fundamental rating. CAL was compared to 121 industry peers in the Specialty Retail industry. CAL scores excellent on profitability, but there are concerns on its financial health. CAL has a valuation in line with the averages, but it does not seem to be growing. Finally CAL also has an excellent dividend rating.
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.
Of the past 5 years CAL 4 years were profitable.
In the past 5 years CAL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CAL (2.69%) is comparable to the rest of the industry.
CAL's Return On Equity of 9.45% is fine compared to the rest of the industry. CAL outperforms 66.94% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.78%, CAL is in line with its industry, outperforming 59.50% of the companies in the same industry.
CAL had an Average Return On Invested Capital over the past 3 years of 13.19%. This is in line with the industry average of 11.80%.
The 3 year average ROIC (13.19%) for CAL is well above the current ROIC(5.78%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 9.45% | ||
| ROIC | 5.78% |
ROA(3y)8%
ROA(5y)1.53%
ROE(3y)29.28%
ROE(5y)-18.01%
ROIC(3y)13.19%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CAL (2.19%) is better than 61.98% of its industry peers.
In the last couple of years the Profit Margin of CAL has grown nicely.
With a Operating Margin value of 3.84%, CAL perfoms like the industry average, outperforming 58.68% of the companies in the same industry.
In the last couple of years the Operating Margin of CAL has grown nicely.
Looking at the Gross Margin, with a value of 43.97%, CAL is in the better half of the industry, outperforming 68.59% of the companies in the same industry.
In the last couple of years the Gross Margin of CAL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.84% | ||
| PM (TTM) | 2.19% | ||
| GM | 43.97% |
OM growth 3Y-10.14%
OM growth 5Y6.49%
PM growth 3Y-7.2%
PM growth 5Y12.79%
GM growth 3Y0.52%
GM growth 5Y2.06%
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
Compared to 5 years ago, CAL has less shares outstanding
The debt/assets ratio for CAL is higher compared to a year ago.
2.2 Solvency
CAL has an Altman-Z score of 1.87. 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.
With a Altman-Z score value of 1.87, CAL perfoms like the industry average, outperforming 44.63% of the companies in the same industry.
A Debt/Equity ratio of 0.63 indicates that CAL is somewhat dependend on debt financing.
CAL's Debt to Equity ratio of 0.63 is in line compared to the rest of the industry. CAL outperforms 49.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.87 |
ROIC/WACC0.6
WACC9.62%
2.3 Liquidity
CAL has a Current Ratio of 1.08. This is a normal value and indicates that CAL is financially healthy and should not expect problems in meeting its short term obligations.
CAL's Current ratio of 1.08 is on the low side compared to the rest of the industry. CAL is outperformed by 70.25% of its industry peers.
A Quick Ratio of 0.40 indicates that CAL may have some problems paying its short term obligations.
CAL's Quick ratio of 0.40 is on the low side compared to the rest of the industry. CAL is outperformed by 61.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
CAL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -46.21%.
The Earnings Per Share has been growing by 9.39% on average over the past years. This is quite good.
CAL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -23.34%.
Measured over the past years, CAL shows a decrease in Revenue. The Revenue has been decreasing by -1.40% on average per year.
EPS 1Y (TTM)-46.21%
EPS 3Y-8.47%
EPS 5Y9.39%
EPS Q2Q%-58.82%
Revenue 1Y (TTM)-23.34%
Revenue growth 3Y-0.66%
Revenue growth 5Y-1.4%
Sales Q2Q%-3.63%
3.2 Future
The Earnings Per Share is expected to grow by 2.08% on average over the next years.
Based on estimates for the next years, CAL will show a decrease in Revenue. The Revenue will decrease by -0.04% on average per year.
EPS Next Y-46.99%
EPS Next 2Y-10.49%
EPS Next 3Y-1.64%
EPS Next 5Y2.08%
Revenue Next Year-0.11%
Revenue Next 2Y2.83%
Revenue Next 3Y3.33%
Revenue Next 5Y-0.04%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 5.18, the valuation of CAL can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of CAL indicates a rather cheap valuation: CAL is cheaper than 96.69% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CAL to the average of the S&P500 Index (26.11), we can say CAL is valued rather cheaply.
CAL is valuated cheaply with a Price/Forward Earnings ratio of 4.19.
98.35% of the companies in the same industry are more expensive than CAL, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.55, CAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.18 | ||
| Fwd PE | 4.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAL is valued cheaply inside the industry as 98.35% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 1.13 |
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)0.55
EPS Next 2Y-10.49%
EPS Next 3Y-1.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.55%, CAL has a reasonable but not impressive dividend return.
CAL's Dividend Yield is rather good when compared to the industry average which is at 5.50. CAL pays more dividend than 84.30% of the companies in the same industry.
CAL's Dividend Yield is comparable with the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
5.2 History
The dividend of CAL has a limited annual growth rate of 0.25%.
CAL has paid a dividend for at least 10 years, which is a reliable track record.
CAL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.25%
Div Incr Years0
Div Non Decr Years26
5.3 Sustainability
16.43% of the earnings are spent on dividend by CAL. This is a low number and sustainable payout ratio.
The dividend of CAL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP16.43%
EPS Next 2Y-10.49%
EPS Next 3Y-1.64%
11.04
+0.06 (+0.55%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners103.72%
Inst Owner Change0.26%
Ins Owners4.05%
Ins Owner Change4.36%
Market Cap373.59M
Revenue(TTM)2.65B
Net Income(TTM)57.97M
Analysts76.67
Price Target19.38 (75.54%)
Short Float %19.82%
Short Ratio7.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
Yearly Dividend0.28
Dividend Growth(5Y)0.25%
DP16.43%
Div Incr Years0
Div Non Decr Years26
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-39.22%
Min EPS beat(2)-40.32%
Max EPS beat(2)-38.12%
EPS beat(4)1
Avg EPS beat(4)-13.8%
Min EPS beat(4)-40.32%
Max EPS beat(4)33.36%
EPS beat(8)2
Avg EPS beat(8)-10.73%
EPS beat(12)5
Avg EPS beat(12)-5.99%
EPS beat(16)9
Avg EPS beat(16)3.8%
Revenue beat(2)0
Avg Revenue beat(2)-1.46%
Min Revenue beat(2)-2.24%
Max Revenue beat(2)-0.68%
Revenue beat(4)0
Avg Revenue beat(4)-2.12%
Min Revenue beat(4)-3.21%
Max Revenue beat(4)-0.68%
Revenue beat(8)0
Avg Revenue beat(8)-2.51%
Revenue beat(12)1
Avg Revenue beat(12)-2.32%
Revenue beat(16)3
Avg Revenue beat(16)-1.16%
PT rev (1m)0%
PT rev (3m)-2.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-29.48%
EPS NY rev (1m)-11.15%
EPS NY rev (3m)-24.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.18 | ||
| Fwd PE | 4.19 | ||
| P/S | 0.14 | ||
| P/FCF | N/A | ||
| P/OCF | 12.24 | ||
| P/B | 0.61 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 1.13 |
EPS(TTM)2.13
EY19.29%
EPS(NY)2.64
Fwd EY23.88%
FCF(TTM)-0.99
FCFYN/A
OCF(TTM)0.9
OCFY8.17%
SpS78.4
BVpS18.12
TBVpS12.6
PEG (NY)N/A
PEG (5Y)0.55
Graham Number29.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 9.45% | ||
| ROCE | 8.95% | ||
| ROIC | 5.78% | ||
| ROICexc | 6.61% | ||
| ROICexgc | 7.69% | ||
| OM | 3.84% | ||
| PM (TTM) | 2.19% | ||
| GM | 43.97% | ||
| FCFM | N/A |
ROA(3y)8%
ROA(5y)1.53%
ROE(3y)29.28%
ROE(5y)-18.01%
ROIC(3y)13.19%
ROIC(5y)N/A
ROICexc(3y)13.49%
ROICexc(5y)N/A
ROICexgc(3y)16.41%
ROICexgc(5y)N/A
ROCE(3y)18.87%
ROCE(5y)N/A
ROICexgc growth 3Y-17.97%
ROICexgc growth 5Y7.88%
ROICexc growth 3Y-16.7%
ROICexc growth 5Y11.74%
OM growth 3Y-10.14%
OM growth 5Y6.49%
PM growth 3Y-7.2%
PM growth 5Y12.79%
GM growth 3Y0.52%
GM growth 5Y2.06%
F-Score4
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.41 | ||
| Cap/Depr | 107.9% | ||
| Cap/Sales | 2.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 18.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 1.87 |
F-Score4
WACC9.62%
ROIC/WACC0.6
Cap/Depr(3y)105.11%
Cap/Depr(5y)79.57%
Cap/Sales(3y)1.94%
Cap/Sales(5y)1.55%
Profit Quality(3y)59.52%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.21%
EPS 3Y-8.47%
EPS 5Y9.39%
EPS Q2Q%-58.82%
EPS Next Y-46.99%
EPS Next 2Y-10.49%
EPS Next 3Y-1.64%
EPS Next 5Y2.08%
Revenue 1Y (TTM)-23.34%
Revenue growth 3Y-0.66%
Revenue growth 5Y-1.4%
Sales Q2Q%-3.63%
Revenue Next Year-0.11%
Revenue Next 2Y2.83%
Revenue Next 3Y3.33%
Revenue Next 5Y-0.04%
EBIT growth 1Y-55.67%
EBIT growth 3Y-10.74%
EBIT growth 5Y5%
EBIT Next Year-0.46%
EBIT Next 3Y3.94%
EBIT Next 5Y6.27%
FCF growth 1Y-120.44%
FCF growth 3Y-28.44%
FCF growth 5Y-15.2%
OCF growth 1Y-86.37%
OCF growth 3Y-14.69%
OCF growth 5Y-9.35%
CALERES INC / CAL FAQ
Can you provide the ChartMill fundamental rating for CALERES INC?
ChartMill assigns a fundamental rating of 5 / 10 to CAL.
What is the valuation status of CALERES INC (CAL) stock?
ChartMill assigns a valuation rating of 6 / 10 to CALERES INC (CAL). This can be considered as Fairly Valued.
What is the profitability of CAL stock?
CALERES INC (CAL) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for CAL stock?
The Price/Earnings (PE) ratio for CALERES INC (CAL) is 5.18 and the Price/Book (PB) ratio is 0.61.
Is the dividend of CALERES INC sustainable?
The dividend rating of CALERES INC (CAL) is 7 / 10 and the dividend payout ratio is 16.43%.