STEVEN MADDEN LTD (SHOO)
US5562691080 - Common Stock
SHOO gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 50 industry peers in the Textiles, Apparel & Luxury Goods industry. SHOO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SHOO is not valued too expensively and it also shows a decent growth rate. This makes SHOO very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year SHOO was profitable.
SHOO had a positive operating cash flow in the past year.
Of the past 5 years SHOO 4 years were profitable.
SHOO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SHOO's Return On Assets of 11.70% is amongst the best of the industry. SHOO outperforms 88.00% of its industry peers.
SHOO has a better Return On Equity (20.44%) than 80.00% of its industry peers.
With an excellent Return On Invested Capital value of 18.72%, SHOO belongs to the best of the industry, outperforming 86.00% of the companies in the same industry.
SHOO had an Average Return On Invested Capital over the past 3 years of 20.67%. This is significantly above the industry average of 11.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.7% | ||
| ROE | 20.44% | ||
| ROIC | 18.72% |
ROA(3y)14.66%
ROA(5y)10.68%
ROE(3y)23.38%
ROE(5y)16.97%
ROIC(3y)20.67%
ROIC(5y)16.21%
1.3 Margins
SHOO has a better Profit Margin (7.68%) than 78.00% of its industry peers.
In the last couple of years the Profit Margin of SHOO has grown nicely.
SHOO has a Operating Margin of 10.87%. This is amongst the best in the industry. SHOO outperforms 82.00% of its industry peers.
SHOO's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 41.27%, SHOO is not doing good in the industry: 66.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of SHOO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.87% | ||
| PM (TTM) | 7.68% | ||
| GM | 41.27% |
OM growth 3Y32.96%
OM growth 5Y1.12%
PM growth 3YN/A
PM growth 5Y2.09%
GM growth 3Y2.82%
GM growth 5Y2.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SHOO is creating value.
Compared to 1 year ago, SHOO has less shares outstanding
SHOO has less shares outstanding than it did 5 years ago.
There is no outstanding debt for SHOO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
SHOO has an Altman-Z score of 7.14. This indicates that SHOO is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 7.14, SHOO belongs to the best of the industry, outperforming 92.00% of the companies in the same industry.
There is no outstanding debt for SHOO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.14 |
ROIC/WACC2.03
WACC9.21%
2.3 Liquidity
A Current Ratio of 2.09 indicates that SHOO has no problem at all paying its short term obligations.
SHOO has a Current ratio (2.09) which is comparable to the rest of the industry.
SHOO has a Quick Ratio of 1.49. This is a normal value and indicates that SHOO is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.49, SHOO is doing good in the industry, outperforming 68.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.49 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.70% over the past year.
SHOO shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.02% yearly.
Looking at the last year, SHOO shows a quite strong growth in Revenue. The Revenue has grown by 14.90% in the last year.
SHOO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.69% yearly.
EPS 1Y (TTM)20.7%
EPS 3Y57.47%
EPS 5Y6.02%
EPS Q2Q%3.41%
Revenue 1Y (TTM)14.9%
Revenue growth 3Y18.14%
Revenue growth 5Y3.69%
Sales Q2Q%13.02%
3.2 Future
SHOO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.79% yearly.
Based on estimates for the next years, SHOO will show a quite strong growth in Revenue. The Revenue will grow by 9.25% on average per year.
EPS Next Y10.6%
EPS Next 2Y11.9%
EPS Next 3Y12.83%
EPS Next 5Y16.79%
Revenue Next Year14.07%
Revenue Next 2Y9.56%
Revenue Next 3Y8.15%
Revenue Next 5Y9.25%
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 accelerating.
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 15.63, which indicates a correct valuation of SHOO.
Based on the Price/Earnings ratio, SHOO is valued a bit cheaper than 72.00% of the companies in the same industry.
SHOO is valuated rather cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 13.90, which indicates a correct valuation of SHOO.
SHOO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SHOO is cheaper than 66.00% of the companies in the same industry.
SHOO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.63 | ||
| Fwd PE | 13.9 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SHOO.
SHOO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SHOO is cheaper than 62.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.84 | ||
| EV/EBITDA | 11.23 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SHOO has a very decent profitability rating, which may justify a higher PE ratio.
SHOO's earnings are expected to grow with 12.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.48
PEG (5Y)2.6
EPS Next 2Y11.9%
EPS Next 3Y12.83%
5. Dividend
5.1 Amount
SHOO has a Yearly Dividend Yield of 1.97%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.81, SHOO pays a bit more dividend than its industry peers.
SHOO's Dividend Yield is comparable with the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.97% |
5.2 History
On average, the dividend of SHOO grows each year by 9.05%, which is quite nice.
SHOO has been paying a dividend for over 5 years, so it has already some track record.
SHOO has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)9.05%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
36.05% of the earnings are spent on dividend by SHOO. This is a low number and sustainable payout ratio.
SHOO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP36.05%
EPS Next 2Y11.9%
EPS Next 3Y12.83%
STEVEN MADDEN LTD
NASDAQ:SHOO (12/20/2024, 8:00:01 PM)
After market: 42.83 0 (0%)42.83
+0.09 (+0.21%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners100.53%
Inst Owner Change-0.29%
Ins Owners2.11%
Ins Owner Change-0.17%
Market Cap3.09B
Analysts72.5
Price Target47.71 (11.39%)
Short Float %4.77%
Short Ratio4.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.97% |
Dividend Growth(5Y)9.05%
DP36.05%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.94%
Min EPS beat(2)0.19%
Max EPS beat(2)5.68%
EPS beat(4)4
Avg EPS beat(4)6.11%
Min EPS beat(4)0.19%
Max EPS beat(4)13.53%
EPS beat(8)7
Avg EPS beat(8)2.34%
EPS beat(12)10
Avg EPS beat(12)9%
EPS beat(16)14
Avg EPS beat(16)17.44%
Revenue beat(2)1
Avg Revenue beat(2)-0.01%
Min Revenue beat(2)-0.76%
Max Revenue beat(2)0.75%
Revenue beat(4)2
Avg Revenue beat(4)0.52%
Min Revenue beat(4)-0.76%
Max Revenue beat(4)2.59%
Revenue beat(8)4
Avg Revenue beat(8)-0.32%
Revenue beat(12)8
Avg Revenue beat(12)2.77%
Revenue beat(16)11
Avg Revenue beat(16)2.63%
PT rev (1m)0.96%
PT rev (3m)2.13%
EPS NQ rev (1m)1.31%
EPS NQ rev (3m)0.4%
EPS NY rev (1m)0.68%
EPS NY rev (3m)1.3%
Revenue NQ rev (1m)0.52%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.63 | ||
| Fwd PE | 13.9 | ||
| P/S | 1.39 | ||
| P/FCF | 13.84 | ||
| P/OCF | 12.58 | ||
| P/B | 3.71 | ||
| P/tB | 5.69 | ||
| EV/EBITDA | 11.23 |
EPS(TTM)2.74
EY6.4%
EPS(NY)3.08
Fwd EY7.19%
FCF(TTM)3.1
FCFY7.23%
OCF(TTM)3.4
OCFY7.95%
SpS30.76
BVpS11.55
TBVpS7.53
PEG (NY)1.48
PEG (5Y)2.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.7% | ||
| ROE | 20.44% | ||
| ROCE | 24.03% | ||
| ROIC | 18.72% | ||
| ROICexc | 22.02% | ||
| ROICexgc | 33.36% | ||
| OM | 10.87% | ||
| PM (TTM) | 7.68% | ||
| GM | 41.27% | ||
| FCFM | 10.06% |
ROA(3y)14.66%
ROA(5y)10.68%
ROE(3y)23.38%
ROE(5y)16.97%
ROIC(3y)20.67%
ROIC(5y)16.21%
ROICexc(3y)28.69%
ROICexc(5y)22.72%
ROICexgc(3y)49.26%
ROICexgc(5y)40.08%
ROCE(3y)26.54%
ROCE(5y)20.81%
ROICexcg growth 3Y42.43%
ROICexcg growth 5Y-3.75%
ROICexc growth 3Y46.96%
ROICexc growth 5Y-0.39%
OM growth 3Y32.96%
OM growth 5Y1.12%
PM growth 3YN/A
PM growth 5Y2.09%
GM growth 3Y2.82%
GM growth 5Y2.43%
F-Score6
Asset Turnover1.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 116.07% | ||
| Cap/Sales | 1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.34% | ||
| Profit Quality | 131.09% | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.49 | ||
| Altman-Z | 7.14 |
F-Score6
WACC9.21%
ROIC/WACC2.03
Cap/Depr(3y)86.12%
Cap/Depr(5y)76.44%
Cap/Sales(3y)0.73%
Cap/Sales(5y)0.76%
Profit Quality(3y)105.97%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.7%
EPS 3Y57.47%
EPS 5Y6.02%
EPS Q2Q%3.41%
EPS Next Y10.6%
EPS Next 2Y11.9%
EPS Next 3Y12.83%
EPS Next 5Y16.79%
Revenue 1Y (TTM)14.9%
Revenue growth 3Y18.14%
Revenue growth 5Y3.69%
Sales Q2Q%13.02%
Revenue Next Year14.07%
Revenue Next 2Y9.56%
Revenue Next 3Y8.15%
Revenue Next 5Y9.25%
EBIT growth 1Y13.28%
EBIT growth 3Y57.08%
EBIT growth 5Y4.85%
EBIT Next Year18.27%
EBIT Next 3Y13.41%
EBIT Next 5Y18.76%
FCF growth 1Y92.81%
FCF growth 3Y77.36%
FCF growth 5Y8.13%
OCF growth 1Y88.99%
OCF growth 3Y73.1%
OCF growth 5Y8.22%