CALERES INC (CAL)

US1295001044 - Common Stock

23.53  +1.08 (+4.81%)

After market: 23.527 0 (-0.01%)

Fundamental Rating

6

Taking everything into account, CAL scores 6 out of 10 in our fundamental rating. CAL was compared to 122 industry peers in the Specialty Retail industry. CAL scores excellent on profitability, but there are some minor concerns on its financial health. CAL is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make CAL a good candidate for value investing.



7

1. Profitability

1.1 Basic Checks

CAL had positive earnings in the past year.
In the past year CAL had a positive cash flow from operations.
Of the past 5 years CAL 4 years were profitable.
Each year in the past 5 years CAL had a positive operating cash flow.

1.2 Ratios

The Return On Assets of CAL (9.29%) is better than 85.12% of its industry peers.
CAL has a Return On Equity of 30.37%. This is amongst the best in the industry. CAL outperforms 84.30% of its industry peers.
CAL's Return On Invested Capital of 14.26% is amongst the best of the industry. CAL outperforms 83.47% of its industry peers.
CAL had an Average Return On Invested Capital over the past 3 years of 16.15%. This is above the industry average of 12.03%.
Industry RankSector Rank
ROA 9.29%
ROE 30.37%
ROIC 14.26%
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

CAL has a Profit Margin of 5.28%. This is in the better half of the industry: CAL outperforms 78.51% of its industry peers.
The Operating Margin of CAL (6.42%) is better than 74.38% of its industry peers.
CAL's Operating Margin has improved in the last couple of years.
CAL's Gross Margin of 45.40% is fine compared to the rest of the industry. CAL outperforms 71.07% of its industry peers.
In the last couple of years the Gross Margin of CAL has grown nicely.
Industry RankSector Rank
OM 6.42%
PM (TTM) 5.28%
GM 45.4%
OM growth 3YN/A
OM growth 5Y11.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.81%
GM growth 5Y1.91%

5

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
CAL has a better debt/assets ratio than last year.

2.2 Solvency

An Altman-Z score of 2.84 indicates that CAL is not a great score, but indicates only limited risk for bankruptcy at the moment.
CAL has a better Altman-Z score (2.84) than 63.64% of its industry peers.
CAL has a debt to FCF ratio of 3.60. This is a good value and a sign of high solvency as CAL would need 3.60 years to pay back of all of its debts.
CAL has a Debt to FCF ratio of 3.60. This is in the better half of the industry: CAL outperforms 69.42% of its industry peers.
A Debt/Equity ratio of 0.40 indicates that CAL is not too dependend on debt financing.
CAL has a Debt to Equity ratio of 0.40. This is comparable to the rest of the industry: CAL outperforms 51.24% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF 3.6
Altman-Z 2.84
ROIC/WACC1.33
WACC10.72%

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 has a Current ratio of 1.08. This is in the lower half of the industry: CAL underperforms 71.90% of its industry peers.
A Quick Ratio of 0.35 indicates that CAL may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.35, CAL is doing worse than 62.81% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.08
Quick Ratio 0.35

4

3. Growth

3.1 Past

The earnings per share for CAL have decreased by -3.78% in the last year.
CAL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.59% yearly.
Looking at the last year, CAL shows a very strong growth in Revenue. The Revenue has grown by 22.13%.
Measured over the past years, CAL shows a decrease in Revenue. The Revenue has been decreasing by -0.12% on average per year.
EPS 1Y (TTM)-3.78%
EPS 3YN/A
EPS 5Y13.59%
EPS Q2Q%-10.22%
Revenue 1Y (TTM)22.13%
Revenue growth 3Y9.99%
Revenue growth 5Y-0.12%
Sales Q2Q%-2.75%

3.2 Future

Based on estimates for the next years, CAL will show a small growth in Earnings Per Share. The EPS will grow by 0.67% on average per year.
Based on estimates for the next years, CAL will show a small growth in Revenue. The Revenue will grow by 0.91% on average per year.
EPS Next Y-9.95%
EPS Next 2Y-3.76%
EPS Next 3Y2.35%
EPS Next 5Y0.67%
Revenue Next Year-1.72%
Revenue Next 2Y-0.33%
Revenue Next 3Y2.93%
Revenue Next 5Y0.91%

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.

8

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 6.16, the valuation of CAL can be described as very cheap.
Based on the Price/Earnings ratio, CAL is valued cheaply inside the industry as 98.35% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.73, CAL is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.08, the valuation of CAL can be described as very cheap.
CAL's Price/Forward Earnings ratio is rather cheap when compared to the industry. CAL is cheaper than 96.69% of the companies in the same industry.
CAL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.83.
Industry RankSector Rank
PE 6.16
Fwd PE 6.08

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CAL is valued cheaply inside the industry as 99.17% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CAL is valued cheaply inside the industry as 84.30% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.94
EV/EBITDA 2.73

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)0.45
EPS Next 2Y-3.76%
EPS Next 3Y2.35%

5

5. Dividend

5.1 Amount

CAL has a Yearly Dividend Yield of 1.25%. Purely for dividend investing, there may be better candidates out there.
The stock price of CAL dropped by -29.70% 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 3.43, CAL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, CAL's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.25%

5.2 History

The dividend of CAL decreases each year by -0.22%.
CAL has been paying a dividend for at least 10 years, so it has 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)-0.22%
Div Incr Years0
Div Non Decr Years25

5.3 Sustainability

CAL pays out 5.40% of its income as dividend. This is a sustainable payout ratio.
DP5.4%
EPS Next 2Y-3.76%
EPS Next 3Y2.35%

CALERES INC

NYSE:CAL (12/20/2024, 8:04:00 PM)

After market: 23.527 0 (-0.01%)

23.53

+1.08 (+4.81%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)12-05 2024-12-05/bmo
Earnings (Next)N/A N/A
Inst Owners91.07%
Inst Owner Change-0.7%
Ins Owners3.49%
Ins Owner Change-1.6%
Market Cap791.31M
Analysts74.29
Price Target37.4 (58.95%)
Short Float %6.61%
Short Ratio3.53
Dividend
Industry RankSector Rank
Dividend Yield 1.25%
Dividend Growth(5Y)-0.22%
DP5.4%
Div Incr Years0
Div Non Decr Years25
Ex-Date12-27 2024-12-27 (0.07)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-20.57%
Min EPS beat(2)-31.02%
Max EPS beat(2)-10.12%
EPS beat(4)0
Avg EPS beat(4)-11.42%
Min EPS beat(4)-31.02%
Max EPS beat(4)-0.29%
EPS beat(8)3
Avg EPS beat(8)-3.59%
EPS beat(12)7
Avg EPS beat(12)5.7%
EPS beat(16)11
Avg EPS beat(16)139.75%
Revenue beat(2)0
Avg Revenue beat(2)-4.45%
Min Revenue beat(2)-6.53%
Max Revenue beat(2)-2.36%
Revenue beat(4)0
Avg Revenue beat(4)-2.85%
Min Revenue beat(4)-6.53%
Max Revenue beat(4)-0.59%
Revenue beat(8)0
Avg Revenue beat(8)-2.81%
Revenue beat(12)2
Avg Revenue beat(12)-1.29%
Revenue beat(16)6
Avg Revenue beat(16)0.25%
PT rev (1m)0%
PT rev (3m)-17.91%
EPS NQ rev (1m)13.86%
EPS NQ rev (3m)13.86%
EPS NY rev (1m)-7.81%
EPS NY rev (3m)-15.64%
Revenue NQ rev (1m)-4.32%
Revenue NQ rev (3m)-4.32%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)-2.82%
Valuation
Industry RankSector Rank
PE 6.16
Fwd PE 6.08
P/S 0.23
P/FCF 11.94
P/OCF 6.66
P/B 1.32
P/tB 1.96
EV/EBITDA 2.73
EPS(TTM)3.82
EY16.23%
EPS(NY)3.87
Fwd EY16.45%
FCF(TTM)1.97
FCFY8.37%
OCF(TTM)3.53
OCFY15.02%
SpS102.28
BVpS17.79
TBVpS11.99
PEG (NY)N/A
PEG (5Y)0.45
Profitability
Industry RankSector Rank
ROA 9.29%
ROE 30.37%
ROCE 19.22%
ROIC 14.26%
ROICexc 14.61%
ROICexgc 17.07%
OM 6.42%
PM (TTM) 5.28%
GM 45.4%
FCFM 1.93%
ROA(3y)8.57%
ROA(5y)0.94%
ROE(3y)37.34%
ROE(5y)-19.58%
ROIC(3y)16.15%
ROIC(5y)N/A
ROICexc(3y)16.56%
ROICexc(5y)N/A
ROICexgc(3y)20.48%
ROICexgc(5y)N/A
ROCE(3y)23.31%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y4.21%
ROICexc growth 3YN/A
ROICexc growth 5Y12.44%
OM growth 3YN/A
OM growth 5Y11.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.81%
GM growth 5Y1.91%
F-Score8
Asset Turnover1.76
Health
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF 3.6
Debt/EBITDA 0.86
Cap/Depr 92.96%
Cap/Sales 1.53%
Interest Coverage 250
Cash Conversion 42.81%
Profit Quality 36.46%
Current Ratio 1.08
Quick Ratio 0.35
Altman-Z 2.84
F-Score8
WACC10.72%
ROIC/WACC1.33
Cap/Depr(3y)89.91%
Cap/Depr(5y)76.58%
Cap/Sales(3y)1.6%
Cap/Sales(5y)1.51%
Profit Quality(3y)78.92%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.78%
EPS 3YN/A
EPS 5Y13.59%
EPS Q2Q%-10.22%
EPS Next Y-9.95%
EPS Next 2Y-3.76%
EPS Next 3Y2.35%
EPS Next 5Y0.67%
Revenue 1Y (TTM)22.13%
Revenue growth 3Y9.99%
Revenue growth 5Y-0.12%
Sales Q2Q%-2.75%
Revenue Next Year-1.72%
Revenue Next 2Y-0.33%
Revenue Next 3Y2.93%
Revenue Next 5Y0.91%
EBIT growth 1Y13.97%
EBIT growth 3YN/A
EBIT growth 5Y11.24%
EBIT Next Year22.19%
EBIT Next 3Y6.66%
EBIT Next 5Y4.69%
FCF growth 1Y321.6%
FCF growth 3Y13.01%
FCF growth 5Y19.14%
OCF growth 1Y375.29%
OCF growth 3Y16.56%
OCF growth 5Y9.08%