CALERES INC (CAL) Fundamental Analysis & Valuation

NYSE:CAL • US1295001044

9.41 USD
-0.42 (-4.27%)
At close: Mar 12, 2026
9.41 USD
0 (0%)
After Hours: 3/12/2026, 8:26:34 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This CAL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

CAL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Specialty Retail industry. While CAL is still in line with the averages on profitability rating, there are concerns on its financial health. CAL has a bad growth rate and is valued cheaply. CAL also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. CAL Profitability Analysis

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.
  • CAL had a positive operating cash flow in each of the past 5 years.
CAL Yearly Net Income VS EBIT VS OCF VS FCFCAL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M -400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.97%, CAL is in line with its industry, outperforming 52.42% of the companies in the same industry.
  • CAL's Return On Equity of 3.28% is in line compared to the rest of the industry. CAL outperforms 58.06% of its industry peers.
  • CAL has a Return On Invested Capital (3.57%) which is comparable to the rest of the 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 13.59%.
  • The 3 year average ROIC (13.19%) for CAL is well above the current ROIC(3.57%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 0.97%
ROE 3.28%
ROIC 3.57%
ROA(3y)8%
ROA(5y)1.53%
ROE(3y)29.28%
ROE(5y)-18.01%
ROIC(3y)13.19%
ROIC(5y)N/A
CAL Yearly ROA, ROE, ROICCAL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100 -150 -200

1.3 Margins

  • Looking at the Profit Margin, with a value of 0.75%, CAL is in line with its industry, outperforming 52.42% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CAL has grown nicely.
  • With a Operating Margin value of 2.30%, CAL perfoms like the industry average, outperforming 51.61% of the companies in the same industry.
  • CAL's Operating Margin has improved in the last couple of years.
  • CAL has a Gross Margin of 43.28%. This is in the better half of the industry: CAL outperforms 64.52% of its industry peers.
  • In the last couple of years the Gross Margin of CAL has grown nicely.
Industry RankSector Rank
OM 2.3%
PM (TTM) 0.75%
GM 43.28%
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%
CAL Yearly Profit, Operating, Gross MarginsCAL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. CAL Health Analysis

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.
  • The number of shares outstanding for CAL has been reduced compared to 1 year ago.
  • Compared to 5 years ago, CAL has less shares outstanding
  • CAL has a worse debt/assets ratio than last year.
CAL Yearly Shares OutstandingCAL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
CAL Yearly Total Debt VS Total AssetsCAL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 1.87 indicates that CAL is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • CAL's Altman-Z score of 1.87 is in line compared to the rest of the industry. CAL outperforms 47.58% of its industry peers.
  • CAL has a debt to FCF ratio of 32.29. This is a negative value and a sign of low solvency as CAL would need 32.29 years to pay back of all of its debts.
  • CAL's Debt to FCF ratio of 32.29 is in line compared to the rest of the industry. CAL outperforms 45.97% of its industry peers.
  • CAL has a Debt/Equity ratio of 0.58. This is a neutral value indicating CAL is somewhat dependend on debt financing.
  • CAL's Debt to Equity ratio of 0.58 is in line compared to the rest of the industry. CAL outperforms 50.81% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF 32.29
Altman-Z 1.87
ROIC/WACC0.36
WACC9.99%
CAL Yearly LT Debt VS Equity VS FCFCAL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 1.06 indicates that CAL should not have too much problems paying its short term obligations.
  • CAL has a Current ratio of 1.06. This is in the lower half of the industry: CAL underperforms 70.16% of its industry peers.
  • A Quick Ratio of 0.33 indicates that CAL may have some problems paying its short term obligations.
  • CAL has a worse Quick ratio (0.33) than 67.74% of its industry peers.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 0.33
CAL Yearly Current Assets VS Current LiabilitesCAL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. CAL Growth Analysis

3.1 Past

  • CAL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -58.90%.
  • The Earnings Per Share has been growing by 9.39% on average over the past years. This is quite good.
  • The Revenue for CAL has decreased by -21.45% in the past year. This is quite bad
  • The Revenue has been decreasing by -1.40% on average over the past years.
EPS 1Y (TTM)-58.9%
EPS 3Y-8.47%
EPS 5Y9.39%
EPS Q2Q%-45.53%
Revenue 1Y (TTM)-21.45%
Revenue growth 3Y-0.66%
Revenue growth 5Y-1.4%
Sales Q2Q%6.63%

3.2 Future

  • The Earnings Per Share is expected to grow by 2.08% on average over the next years.
  • CAL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.04% yearly.
EPS Next Y-83.12%
EPS Next 2Y-28.4%
EPS Next 3Y-7.96%
EPS Next 5Y2.08%
Revenue Next Year0.22%
Revenue Next 2Y2.9%
Revenue Next 3Y3.46%
Revenue Next 5Y-0.04%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CAL Yearly Revenue VS EstimatesCAL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B
CAL Yearly EPS VS EstimatesCAL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4

More info and screens

Find the best growth stocksShow best growing peers

7

4. CAL Valuation Analysis

4.1 Price/Earnings Ratio

  • CAL is valuated cheaply with a Price/Earnings ratio of 5.99.
  • Compared to the rest of the industry, the Price/Earnings ratio of CAL indicates a rather cheap valuation: CAL is cheaper than 95.97% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 25.71. CAL is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 5.58, which indicates a rather cheap valuation of CAL.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CAL indicates a rather cheap valuation: CAL is cheaper than 97.58% of the companies listed in the same industry.
  • CAL is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.99
Fwd PE 5.58
CAL Price Earnings VS Forward Price EarningsCAL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • 95.16% of the companies in the same industry are more expensive than CAL, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, CAL is valued a bit cheaper than the industry average as 60.48% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 29.02
EV/EBITDA 2.41
CAL Per share dataCAL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The decent profitability rating of CAL may justify a higher PE ratio.
  • CAL's earnings are expected to decrease with -7.96% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.64
EPS Next 2Y-28.4%
EPS Next 3Y-7.96%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. CAL Dividend Analysis

5.1 Amount

  • CAL has a Yearly Dividend Yield of 2.48%.
  • In the last 3 months the price of CAL has falen by -29.25%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • Compared to an average industry Dividend Yield of 2.36, CAL pays a better dividend. On top of this CAL pays more dividend than 81.45% of the companies listed in the same industry.
  • CAL's Dividend Yield is a higher than the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.48%

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
CAL Yearly Dividends per shareCAL Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15 0.2 0.25

5.3 Sustainability

  • 46.69% of the earnings are spent on dividend by CAL. This is a bit on the high side, but may be sustainable.
  • CAL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP46.69%
EPS Next 2Y-28.4%
EPS Next 3Y-7.96%
CAL Yearly Income VS Free CF VS DividendCAL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -200M -400M
CAL Dividend Payout.CAL Dividend Payout, showing the Payout Ratio.CAL Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

CAL Fundamentals: All Metrics, Ratios and Statistics

CALERES INC

NYSE:CAL (3/12/2026, 8:26:34 PM)

After market: 9.41 0 (0%)

9.41

-0.42 (-4.27%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)12-09
Earnings (Next)05-27
Inst Owners94.62%
Inst Owner Change5.13%
Ins Owners3.84%
Ins Owner Change0.64%
Market Cap319.00M
Revenue(TTM)2.70B
Net Income(TTM)20.25M
Analysts76.67
Price Target17.34 (84.27%)
Short Float %13.43%
Short Ratio6.86
Dividend
Industry RankSector Rank
Dividend Yield 2.48%
Yearly Dividend0.28
Dividend Growth(5Y)0.25%
DP46.69%
Div Incr Years0
Div Non Decr Years26
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.19%
Min EPS beat(2)-38.12%
Max EPS beat(2)-22.26%
EPS beat(4)1
Avg EPS beat(4)-16.84%
Min EPS beat(4)-40.32%
Max EPS beat(4)33.36%
EPS beat(8)1
Avg EPS beat(8)-14.13%
EPS beat(12)4
Avg EPS beat(12)-8%
EPS beat(16)8
Avg EPS beat(16)0.07%
Revenue beat(2)1
Avg Revenue beat(2)0.55%
Min Revenue beat(2)-0.68%
Max Revenue beat(2)1.77%
Revenue beat(4)1
Avg Revenue beat(4)-1.09%
Min Revenue beat(4)-3.21%
Max Revenue beat(4)1.77%
Revenue beat(8)1
Avg Revenue beat(8)-1.97%
Revenue beat(12)1
Avg Revenue beat(12)-2.24%
Revenue beat(16)3
Avg Revenue beat(16)-1.24%
PT rev (1m)0%
PT rev (3m)-10.53%
EPS NQ rev (1m)-5.5%
EPS NQ rev (3m)-240.24%
EPS NY rev (1m)-3.51%
EPS NY rev (3m)-68.15%
Revenue NQ rev (1m)-1.34%
Revenue NQ rev (3m)1.76%
Revenue NY rev (1m)-3.37%
Revenue NY rev (3m)0.32%
Valuation
Industry RankSector Rank
PE 5.99
Fwd PE 5.58
P/S 0.12
P/FCF 29.02
P/OCF 4.61
P/B 0.52
P/tB 0.77
EV/EBITDA 2.41
EPS(TTM)1.57
EY16.68%
EPS(NY)1.69
Fwd EY17.92%
FCF(TTM)0.32
FCFY3.45%
OCF(TTM)2.04
OCFY21.68%
SpS79.71
BVpS18.19
TBVpS12.2
PEG (NY)N/A
PEG (5Y)0.64
Graham Number25.35
Profitability
Industry RankSector Rank
ROA 0.97%
ROE 3.28%
ROCE 5.39%
ROIC 3.57%
ROICexc 3.65%
ROICexgc 4.24%
OM 2.3%
PM (TTM) 0.75%
GM 43.28%
FCFM 0.41%
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-Score5
Asset Turnover1.3
Health
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF 32.29
Debt/EBITDA 2.86
Cap/Depr 93.84%
Cap/Sales 2.15%
Interest Coverage 250
Cash Conversion 55.67%
Profit Quality 54.29%
Current Ratio 1.06
Quick Ratio 0.33
Altman-Z 1.87
F-Score5
WACC9.99%
ROIC/WACC0.36
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)-58.9%
EPS 3Y-8.47%
EPS 5Y9.39%
EPS Q2Q%-45.53%
EPS Next Y-83.12%
EPS Next 2Y-28.4%
EPS Next 3Y-7.96%
EPS Next 5Y2.08%
Revenue 1Y (TTM)-21.45%
Revenue growth 3Y-0.66%
Revenue growth 5Y-1.4%
Sales Q2Q%6.63%
Revenue Next Year0.22%
Revenue Next 2Y2.9%
Revenue Next 3Y3.46%
Revenue Next 5Y-0.04%
EBIT growth 1Y-71.89%
EBIT growth 3Y-10.74%
EBIT growth 5Y5%
EBIT Next Year-35.91%
EBIT Next 3Y8.36%
EBIT Next 5Y6.27%
FCF growth 1Y-93.92%
FCF growth 3Y-28.44%
FCF growth 5Y-15.2%
OCF growth 1Y-70.79%
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 for CAL stock?

ChartMill assigns a valuation rating of 7 / 10 to CALERES INC (CAL). This can be considered as Undervalued.


What is the profitability of CAL stock?

CALERES INC (CAL) has a profitability rating of 6 / 10.


Can you provide the financial health for CAL stock?

The financial health rating of CALERES INC (CAL) is 3 / 10.


What is the expected EPS growth for CALERES INC (CAL) stock?

The Earnings per Share (EPS) of CALERES INC (CAL) is expected to decline by -83.12% in the next year.