Logo image of SHOO

STEVEN MADDEN LTD (SHOO) Stock Fundamental Analysis

NASDAQ:SHOO - Nasdaq - US5562691080 - Common Stock - Currency: USD

25  -0.98 (-3.77%)

After market: 25 0 (0%)

Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to SHOO. SHOO was compared to 49 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.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

SHOO had positive earnings in the past year.
In the past year SHOO had a positive cash flow from operations.
SHOO had positive earnings in 4 of the past 5 years.
Each year in the past 5 years SHOO had a positive operating cash flow.
SHOO Yearly Net Income VS EBIT VS OCF VS FCFSHOO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M 250M

1.2 Ratios

The Return On Assets of SHOO (11.62%) is better than 85.71% of its industry peers.
SHOO's Return On Equity of 18.95% is fine compared to the rest of the industry. SHOO outperforms 77.55% of its industry peers.
Looking at the Return On Invested Capital, with a value of 18.56%, SHOO belongs to the top of the industry, outperforming 89.80% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SHOO is significantly above the industry average of 11.45%.
Industry RankSector Rank
ROA 11.62%
ROE 18.95%
ROIC 18.56%
ROA(3y)13.97%
ROA(5y)10.87%
ROE(3y)22.22%
ROE(5y)17.55%
ROIC(3y)20.07%
ROIC(5y)17.19%
SHOO Yearly ROA, ROE, ROICSHOO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20 25

1.3 Margins

With a decent Profit Margin value of 7.26%, SHOO is doing good in the industry, outperforming 77.55% of the companies in the same industry.
SHOO's Profit Margin has been stable in the last couple of years.
SHOO's Operating Margin of 10.82% is fine compared to the rest of the industry. SHOO outperforms 73.47% of its industry peers.
In the last couple of years the Operating Margin of SHOO has remained more or less at the same level.
SHOO has a Gross Margin of 41.08%. This is in the lower half of the industry: SHOO underperforms 69.39% of its industry peers.
SHOO's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 10.82%
PM (TTM) 7.26%
GM 41.08%
OM growth 3Y-6.39%
OM growth 5Y1.47%
PM growth 3Y-10.12%
PM growth 5Y-1.26%
GM growth 3Y-0.07%
GM growth 5Y1.35%
SHOO Yearly Profit, Operating, Gross MarginsSHOO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

9

2. Health

2.1 Basic Checks

SHOO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, SHOO has less shares outstanding
The number of shares outstanding for SHOO has been reduced compared to 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.
SHOO Yearly Shares OutstandingSHOO Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
SHOO Yearly Total Debt VS Total AssetsSHOO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

2.2 Solvency

SHOO has an Altman-Z score of 6.34. This indicates that SHOO is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.34, SHOO belongs to the top of the industry, outperforming 93.88% 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 6.34
ROIC/WACC2.06
WACC8.99%
SHOO Yearly LT Debt VS Equity VS FCFSHOO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 2.25 indicates that SHOO has no problem at all paying its short term obligations.
SHOO has a Current ratio (2.25) which is in line with its industry peers.
A Quick Ratio of 1.64 indicates that SHOO should not have too much problems paying its short term obligations.
SHOO's Quick ratio of 1.64 is fine compared to the rest of the industry. SHOO outperforms 77.55% of its industry peers.
Industry RankSector Rank
Current Ratio 2.25
Quick Ratio 1.64
SHOO Yearly Current Assets VS Current LiabilitesSHOO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

4

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 0.77% over the past year.
Measured over the past 5 years, SHOO shows a small growth in Earnings Per Share. The EPS has been growing by 6.57% on average per year.
Looking at the last year, SHOO shows a quite strong growth in Revenue. The Revenue has grown by 10.34% in the last year.
The Revenue has been growing slightly by 5.02% on average over the past years.
EPS 1Y (TTM)0.77%
EPS 3Y3.18%
EPS 5Y6.57%
EPS Q2Q%-7.69%
Revenue 1Y (TTM)10.34%
Revenue growth 3Y6.95%
Revenue growth 5Y5.02%
Sales Q2Q%0.15%

3.2 Future

SHOO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.56% yearly.
The Revenue is expected to grow by 4.96% on average over the next years.
EPS Next Y-47.34%
EPS Next 2Y-13.99%
EPS Next 3Y-5.49%
EPS Next 5Y3.56%
Revenue Next Year11.95%
Revenue Next 2Y10.07%
Revenue Next 3Y6.17%
Revenue Next 5Y4.96%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
SHOO Yearly Revenue VS EstimatesSHOO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B 2.5B
SHOO Yearly EPS VS EstimatesSHOO Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 9.51, the valuation of SHOO can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of SHOO indicates a rather cheap valuation: SHOO is cheaper than 83.67% of the companies listed in the same industry.
SHOO is valuated cheaply when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.61 indicates a correct valuation of SHOO.
Based on the Price/Forward Earnings ratio, SHOO is valued a bit cheaper than the industry average as 73.47% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.74. SHOO is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 9.51
Fwd PE 12.61
SHOO Price Earnings VS Forward Price EarningsSHOO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

83.67% of the companies in the same industry are more expensive than SHOO, based on the Enterprise Value to EBITDA ratio.
79.59% of the companies in the same industry are more expensive than SHOO, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 11.13
EV/EBITDA 6.22
SHOO Per share dataSHOO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

SHOO has a very decent profitability rating, which may justify a higher PE ratio.
SHOO's earnings are expected to decrease with -5.49% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.45
EPS Next 2Y-13.99%
EPS Next 3Y-5.49%

6

5. Dividend

5.1 Amount

SHOO has a Yearly Dividend Yield of 3.23%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.62, SHOO pays a better dividend. On top of this SHOO pays more dividend than 87.76% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, SHOO pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 3.23%

5.2 History

On average, the dividend of SHOO grows each year by 7.91%, 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)7.91%
Div Incr Years0
Div Non Decr Years4
SHOO Yearly Dividends per shareSHOO Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

SHOO pays out 36.66% of its income as dividend. This is a sustainable payout ratio.
SHOO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.66%
EPS Next 2Y-13.99%
EPS Next 3Y-5.49%
SHOO Yearly Income VS Free CF VS DividendSHOO Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M
SHOO Dividend Payout.SHOO Dividend Payout, showing the Payout Ratio.SHOO Dividend Payout.PayoutRetained Earnings

STEVEN MADDEN LTD

NASDAQ:SHOO (7/7/2025, 8:00:02 PM)

After market: 25 0 (0%)

25

-0.98 (-3.77%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)05-07 2025-05-07/bmo
Earnings (Next)07-23 2025-07-23/amc
Inst Owners105.44%
Inst Owner Change-0.01%
Ins Owners2.28%
Ins Owner Change2.39%
Market Cap1.82B
Analysts74.67
Price Target28.18 (12.72%)
Short Float %6.51%
Short Ratio2.6
Dividend
Industry RankSector Rank
Dividend Yield 3.23%
Yearly Dividend0.84
Dividend Growth(5Y)7.91%
DP36.66%
Div Incr Years0
Div Non Decr Years4
Ex-Date06-09 2025-06-09 (0.21)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.95%
Min EPS beat(2)1.99%
Max EPS beat(2)29.91%
EPS beat(4)4
Avg EPS beat(4)9.44%
Min EPS beat(4)0.19%
Max EPS beat(4)29.91%
EPS beat(8)8
Avg EPS beat(8)7.12%
EPS beat(12)10
Avg EPS beat(12)4.4%
EPS beat(16)14
Avg EPS beat(16)12.26%
Revenue beat(2)1
Avg Revenue beat(2)0.51%
Min Revenue beat(2)-3.06%
Max Revenue beat(2)4.08%
Revenue beat(4)2
Avg Revenue beat(4)0.25%
Min Revenue beat(4)-3.06%
Max Revenue beat(4)4.08%
Revenue beat(8)3
Avg Revenue beat(8)-0.41%
Revenue beat(12)7
Avg Revenue beat(12)0.72%
Revenue beat(16)10
Avg Revenue beat(16)2.32%
PT rev (1m)-12.76%
PT rev (3m)-26.22%
EPS NQ rev (1m)-10.49%
EPS NQ rev (3m)-61.26%
EPS NY rev (1m)5.57%
EPS NY rev (3m)-40.96%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)-5.07%
Revenue NY rev (1m)-0.43%
Revenue NY rev (3m)-6.59%
Valuation
Industry RankSector Rank
PE 9.51
Fwd PE 12.61
P/S 0.79
P/FCF 11.13
P/OCF 9.31
P/B 2.07
P/tB 3.16
EV/EBITDA 6.22
EPS(TTM)2.63
EY10.52%
EPS(NY)1.98
Fwd EY7.93%
FCF(TTM)2.25
FCFY8.99%
OCF(TTM)2.68
OCFY10.74%
SpS31.45
BVpS12.05
TBVpS7.92
PEG (NY)N/A
PEG (5Y)1.45
Profitability
Industry RankSector Rank
ROA 11.62%
ROE 18.95%
ROCE 23.92%
ROIC 18.56%
ROICexc 21.65%
ROICexgc 32.74%
OM 10.82%
PM (TTM) 7.26%
GM 41.08%
FCFM 7.14%
ROA(3y)13.97%
ROA(5y)10.87%
ROE(3y)22.22%
ROE(5y)17.55%
ROIC(3y)20.07%
ROIC(5y)17.19%
ROICexc(3y)26.91%
ROICexc(5y)23.43%
ROICexgc(3y)44.98%
ROICexgc(5y)39.85%
ROCE(3y)25.87%
ROCE(5y)22.16%
ROICexcg growth 3Y-8.75%
ROICexcg growth 5Y-0.19%
ROICexc growth 3Y-6.05%
ROICexc growth 5Y3.67%
OM growth 3Y-6.39%
OM growth 5Y1.47%
PM growth 3Y-10.12%
PM growth 5Y-1.26%
GM growth 3Y-0.07%
GM growth 5Y1.35%
F-Score6
Asset Turnover1.6
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 154.03%
Cap/Sales 1.39%
Interest Coverage 250
Cash Conversion 72.84%
Profit Quality 98.38%
Current Ratio 2.25
Quick Ratio 1.64
Altman-Z 6.34
F-Score6
WACC8.99%
ROIC/WACC2.06
Cap/Depr(3y)114.81%
Cap/Depr(5y)85.15%
Cap/Sales(3y)0.99%
Cap/Sales(5y)0.78%
Profit Quality(3y)113.13%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.77%
EPS 3Y3.18%
EPS 5Y6.57%
EPS Q2Q%-7.69%
EPS Next Y-47.34%
EPS Next 2Y-13.99%
EPS Next 3Y-5.49%
EPS Next 5Y3.56%
Revenue 1Y (TTM)10.34%
Revenue growth 3Y6.95%
Revenue growth 5Y5.02%
Sales Q2Q%0.15%
Revenue Next Year11.95%
Revenue Next 2Y10.07%
Revenue Next 3Y6.17%
Revenue Next 5Y4.96%
EBIT growth 1Y6.66%
EBIT growth 3Y0.11%
EBIT growth 5Y6.56%
EBIT Next Year-29.13%
EBIT Next 3Y-0.98%
EBIT Next 5Y7.23%
FCF growth 1Y-36.6%
FCF growth 3Y4.04%
FCF growth 5Y-4.39%
OCF growth 1Y-28.84%
OCF growth 3Y7.49%
OCF growth 5Y-3.26%