CALERES INC (CAL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CAL - US1295001044 - Common Stock
13.35 USD
+0.75 (+5.95%)
13.9673 USD
+0.62 (+4.62%)
CAL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 122 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 on the other hand it scores bad on growth. CAL also has an excellent dividend rating.
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.
CAL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CAL has a Return On Assets of 2.69%. This is comparable to the rest of the industry: CAL outperforms 59.84% of its industry peers.
Looking at the Return On Equity, with a value of 9.45%, CAL is in the better half of the industry, outperforming 67.21% of the companies in the same industry.
With a Return On Invested Capital value of 5.78%, CAL perfoms like the industry average, outperforming 59.02% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CAL is in line with the industry average of 11.71%.
The last Return On Invested Capital (5.78%) for CAL is well below the 3 year average (13.19%), which needs to be investigated, but indicates that CAL had better years and this may not be a problem.
| 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
With a decent Profit Margin value of 2.19%, CAL is doing good in the industry, outperforming 63.11% of the companies in the same industry.
In the last couple of years the Profit Margin of CAL has grown nicely.
CAL's Operating Margin of 3.84% is in line compared to the rest of the industry. CAL outperforms 59.02% of its industry peers.
CAL's Operating Margin has improved in the last couple of years.
CAL has a better Gross Margin (43.97%) than 68.03% of its industry peers.
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
CAL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CAL has less shares outstanding than it did 1 year ago.
CAL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CAL is higher compared to a year ago.
2.2 Solvency
CAL has an Altman-Z score of 1.89. 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's Altman-Z score of 1.89 is in line compared to the rest of the industry. CAL outperforms 47.54% of its industry peers.
A Debt/Equity ratio of 0.63 indicates that CAL is somewhat dependend on debt financing.
CAL has a Debt to Equity ratio (0.63) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.89 |
ROIC/WACC0.6
WACC9.59%
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.
With a Current ratio value of 1.08, CAL is not doing good in the industry: 68.03% of the companies in the same industry are doing better.
CAL has a Quick Ratio of 1.08. This is a bad value and indicates that CAL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CAL (0.40) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
The earnings per share for CAL have decreased strongly by -46.21% in the last year.
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.
Looking at the last year, CAL shows a very negative growth in Revenue. The Revenue has decreased by -23.34% in the last year.
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.
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
Based on the Price/Earnings ratio of 6.27, 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 95.08% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CAL to the average of the S&P500 Index (26.37), we can say CAL is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.06, 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 97.54% of the companies in the same industry.
CAL is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 5.06 |
4.2 Price Multiples
CAL's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CAL is cheaper than 97.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 1.46 |
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)0.67
EPS Next 2Y-10.49%
EPS Next 3Y-1.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.37%, CAL has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.65, CAL pays a better dividend. On top of this CAL pays more dividend than 82.79% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, CAL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.37% |
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 16.43% of its income as dividend. This is a sustainable payout ratio.
CAL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP16.43%
EPS Next 2Y-10.49%
EPS Next 3Y-1.64%
13.35
+0.75 (+5.95%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners103.72%
Inst Owner Change-0.81%
Ins Owners4.05%
Ins Owner Change5.29%
Market Cap451.76M
Revenue(TTM)2.65B
Net Income(TTM)57.97M
Analysts76.67
Price Target19.38 (45.17%)
Short Float %23.2%
Short Ratio6.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.37% |
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)-27.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 5.06 | ||
| P/S | 0.17 | ||
| P/FCF | N/A | ||
| P/OCF | 14.81 | ||
| P/B | 0.74 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | 1.46 |
EPS(TTM)2.13
EY15.96%
EPS(NY)2.64
Fwd EY19.75%
FCF(TTM)-0.99
FCFYN/A
OCF(TTM)0.9
OCFY6.75%
SpS78.4
BVpS18.12
TBVpS12.6
PEG (NY)N/A
PEG (5Y)0.67
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 | 1.89 |
F-Score4
WACC9.59%
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 6.27 and the Price/Book (PB) ratio is 0.74.
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%.