CALERES INC (CAL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CAL - US1295001044 - Common Stock
13.79 USD
-0.09 (-0.65%)
13.79 USD
0 (0%)
Taking everything into account, CAL scores 4 out of 10 in our fundamental rating. CAL was compared to 122 industry peers in the Specialty Retail industry. There are concerns on the financial health of CAL while its profitability can be described as average. CAL has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CAL was profitable.
CAL had a positive operating cash flow in the past year.
CAL had positive earnings in 4 of the past 5 years.
In the past 5 years CAL always reported a positive cash flow from operatings.
1.2 Ratios
CAL has a Return On Assets (0.97%) which is comparable to the rest of the industry.
CAL has a Return On Equity (3.28%) which is in line with its industry peers.
CAL has a Return On Invested Capital of 3.57%. This is comparable to the rest of the industry: CAL outperforms 52.46% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CAL is in line with the industry average of 12.24%.
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 Rank | Sector 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
1.3 Margins
The Profit Margin of CAL (0.75%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CAL has grown nicely.
Looking at the Operating Margin, with a value of 2.30%, CAL is in line with its industry, outperforming 50.00% of the companies in the same industry.
CAL's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 43.28%, CAL is doing good in the industry, outperforming 64.75% 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 | 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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CAL is 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.
CAL has a worse debt/assets ratio than last year.
2.2 Solvency
CAL has an Altman-Z score of 1.92. 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 1.92, CAL perfoms like the industry average, outperforming 45.90% of the companies in the same industry.
The Debt to FCF ratio of CAL is 32.29, which is on the high side as it means it would take CAL, 32.29 years of fcf income to pay off 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 44.26% of its industry peers.
A Debt/Equity ratio of 0.58 indicates that CAL is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.58, CAL is in line with its industry, outperforming 51.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 32.29 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.36
WACC9.91%
2.3 Liquidity
A Current Ratio of 1.06 indicates that CAL should not have too much problems paying its short term obligations.
CAL's Current ratio of 1.06 is on the low side compared to the rest of the industry. CAL is outperformed by 70.49% of its industry peers.
CAL has a Quick Ratio of 1.06. This is a bad value and indicates that CAL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.33, CAL is doing worse than 66.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
CAL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -58.90%.
Measured over the past years, CAL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.39% on average per year.
The Revenue for CAL has decreased by -21.45% in the past year. This is quite bad
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)-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
CAL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.08% yearly.
CAL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.04% yearly.
EPS Next Y-70.53%
EPS Next 2Y-21.58%
EPS Next 3Y-7.96%
EPS Next 5Y2.08%
Revenue Next Year0.36%
Revenue Next 2Y2%
Revenue Next 3Y2.86%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.78, which indicates a very decent valuation of CAL.
CAL's Price/Earnings ratio is rather cheap when compared to the industry. CAL is cheaper than 91.80% of the companies in the same industry.
When comparing the Price/Earnings ratio of CAL to the average of the S&P500 Index (27.25), we can say CAL is valued rather cheaply.
The Price/Forward Earnings ratio is 6.82, 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 98.36% of the companies listed 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 23.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.78 | ||
| Fwd PE | 6.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAL is valued cheaper than 94.26% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as CAL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.45 | ||
| EV/EBITDA | 3.51 |
4.3 Compensation for Growth
The decent profitability rating of CAL may justify a higher PE ratio.
A cheap valuation may be justified as CAL's earnings are expected to decrease with -7.96% in the coming years.
PEG (NY)N/A
PEG (5Y)0.93
EPS Next 2Y-21.58%
EPS Next 3Y-7.96%
5. Dividend
5.1 Amount
CAL has a Yearly Dividend Yield of 2.02%.
Compared to an average industry Dividend Yield of 2.13, CAL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, CAL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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
CAL pays out 46.69% of its income as dividend. 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-21.58%
EPS Next 3Y-7.96%
13.79
-0.09 (-0.65%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners102.06%
Inst Owner Change0.33%
Ins Owners4.06%
Ins Owner Change3.08%
Market Cap466.65M
Revenue(TTM)2.70B
Net Income(TTM)20.25M
Analysts76.67
Price Target17.34 (25.74%)
Short Float %21.55%
Short Ratio5.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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)-10.53%
PT rev (3m)-10.53%
EPS NQ rev (1m)-232.93%
EPS NQ rev (3m)-232.93%
EPS NY rev (1m)-44.4%
EPS NY rev (3m)-50.6%
Revenue NQ rev (1m)1.97%
Revenue NQ rev (3m)-1.62%
Revenue NY rev (1m)0.47%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.78 | ||
| Fwd PE | 6.82 | ||
| P/S | 0.17 | ||
| P/FCF | 42.45 | ||
| P/OCF | 6.75 | ||
| P/B | 0.76 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 3.51 |
EPS(TTM)1.57
EY11.39%
EPS(NY)2.02
Fwd EY14.67%
FCF(TTM)0.32
FCFY2.36%
OCF(TTM)2.04
OCFY14.82%
SpS79.85
BVpS18.23
TBVpS12.22
PEG (NY)N/A
PEG (5Y)0.93
Graham Number25.37
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.92 |
F-Score5
WACC9.91%
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-70.53%
EPS Next 2Y-21.58%
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 Year0.36%
Revenue Next 2Y2%
Revenue Next 3Y2.86%
Revenue Next 5Y-0.04%
EBIT growth 1Y-71.89%
EBIT growth 3Y-10.74%
EBIT growth 5Y5%
EBIT Next Year-35.02%
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 4 / 10 to CAL.
What is the valuation status for 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 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 -70.53% in the next year.