CALERES INC (CAL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CAL - US1295001044 - Common Stock
11.8 USD
+0.15 (+1.29%)
11.8 USD
0 (0%)
Overall CAL gets a fundamental rating of 5 out of 10. We evaluated CAL against 122 industry peers in the Specialty Retail industry. While CAL belongs to the best of the industry regarding profitability, 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.
In the past year CAL had a positive cash flow from operations.
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
CAL's Return On Assets of 2.69% is in line compared to the rest of the industry. CAL outperforms 59.84% of its industry peers.
CAL has a Return On Equity of 9.45%. This is in the better half of the industry: CAL outperforms 67.21% of its industry peers.
CAL has a Return On Invested Capital (5.78%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CAL 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
CAL has a Profit Margin of 2.19%. This is in the better half of the industry: CAL outperforms 63.11% of its industry peers.
In the last couple of years the Profit Margin of CAL has grown nicely.
CAL has a Operating Margin (3.84%) which is in line with 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.
CAL's Gross Margin has improved in the last couple of years.
| 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.
Compared to 1 year ago, CAL has less shares outstanding
Compared to 5 years ago, CAL has less shares outstanding
Compared to 1 year ago, CAL has a worse debt to assets ratio.
2.2 Solvency
CAL has an Altman-Z score of 1.88. 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.
Looking at the Altman-Z score, with a value of 1.88, CAL is in line with its industry, outperforming 48.36% of the companies in the same industry.
A Debt/Equity ratio of 0.63 indicates that CAL is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.63, CAL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.88 |
ROIC/WACC0.6
WACC9.63%
2.3 Liquidity
A Current Ratio of 1.08 indicates that CAL should not have too much problems paying its short term obligations.
CAL has a worse Current ratio (1.08) than 68.03% of its industry peers.
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.
CAL has a Quick ratio of 0.40. This is comparable to the rest of the industry: CAL outperforms 40.16% of its industry peers.
| 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.
The Revenue for CAL has decreased by -23.34% in the past year. This is quite bad
CAL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.40% yearly.
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.
CAL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.04% yearly.
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
The Price/Earnings ratio is 5.54, which indicates a rather cheap valuation of CAL.
95.08% of the companies in the same industry are more expensive than CAL, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CAL to the average of the S&P500 Index (26.15), we can say CAL is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.48, the valuation of CAL can be described as very cheap.
Based on the Price/Forward Earnings ratio, CAL is valued cheaper than 97.54% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.12. CAL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.54 | ||
| Fwd PE | 4.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAL is valued cheaper than 97.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 1.29 |
4.3 Compensation for Growth
The decent profitability rating of CAL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.59
EPS Next 2Y-10.49%
EPS Next 3Y-1.64%
5. Dividend
5.1 Amount
CAL has a Yearly Dividend Yield of 2.91%. Purely for dividend investing, there may be better candidates out there.
The stock price of CAL dropped by -21.33% 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.
CAL's Dividend Yield is rather good when compared to the industry average which is at 6.07. CAL pays more dividend than 87.70% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, CAL pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.91% |
5.2 History
The dividend of CAL has a limited annual growth rate of 0.25%.
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)0.25%
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.
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%
11.8
+0.15 (+1.29%)
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 Cap399.31M
Revenue(TTM)2.65B
Net Income(TTM)57.97M
Analysts76.67
Price Target19.38 (64.24%)
Short Float %23.55%
Short Ratio7.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.91% |
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)0%
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)2.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.54 | ||
| Fwd PE | 4.48 | ||
| P/S | 0.15 | ||
| P/FCF | N/A | ||
| P/OCF | 13.09 | ||
| P/B | 0.65 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | 1.29 |
EPS(TTM)2.13
EY18.05%
EPS(NY)2.64
Fwd EY22.34%
FCF(TTM)-0.99
FCFYN/A
OCF(TTM)0.9
OCFY7.64%
SpS78.4
BVpS18.12
TBVpS12.6
PEG (NY)N/A
PEG (5Y)0.59
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 | 1.88 |
F-Score4
WACC9.63%
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 5.54 and the Price/Book (PB) ratio is 0.65.
Is the dividend of CALERES INC sustainable?
The dividend rating of CALERES INC (CAL) is 8 / 10 and the dividend payout ratio is 16.43%.