STEVEN MADDEN LTD (SHOO) Stock Fundamental Analysis
USA - NASDAQ:SHOO - US5562691080 - Common Stock
38.21 USD
-0.17 (-0.44%)
38.21 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to SHOO. SHOO was compared to 48 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 has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
SHOO had positive earnings in the past year.
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 has a better Return On Assets (4.80%) than 70.83% of its industry peers.
SHOO's Return On Equity of 10.92% is fine compared to the rest of the industry. SHOO outperforms 64.58% of its industry peers.
SHOO has a Return On Invested Capital of 9.56%. This is in the better half of the industry: SHOO outperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SHOO is significantly above the industry average of 12.15%.
The last Return On Invested Capital (9.56%) for SHOO is well below the 3 year average (20.07%), which needs to be investigated, but indicates that SHOO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.8% | ||
| ROE | 10.92% | ||
| ROIC | 9.56% |
ROA(3y)13.97%
ROA(5y)10.87%
ROE(3y)22.22%
ROE(5y)17.55%
ROIC(3y)20.07%
ROIC(5y)17.19%
1.3 Margins
Looking at the Profit Margin, with a value of 3.92%, SHOO is in the better half of the industry, outperforming 60.42% of the companies in the same industry.
In the last couple of years the Profit Margin of SHOO has remained more or less at the same level.
SHOO has a Operating Margin of 7.43%. This is in the better half of the industry: SHOO outperforms 60.42% of its industry peers.
In the last couple of years the Operating Margin of SHOO has remained more or less at the same level.
Looking at the Gross Margin, with a value of 40.84%, SHOO is doing worse than 64.58% of the companies in the same industry.
In the last couple of years the Gross Margin of SHOO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.43% | ||
| PM (TTM) | 3.92% | ||
| GM | 40.84% |
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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SHOO is creating value.
The number of shares outstanding for SHOO has been reduced compared to 1 year ago.
Compared to 5 years ago, SHOO has less shares outstanding
SHOO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 4.72 indicates that SHOO is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.72, SHOO belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
SHOO has a debt to FCF ratio of 2.49. This is a good value and a sign of high solvency as SHOO would need 2.49 years to pay back of all of its debts.
The Debt to FCF ratio of SHOO (2.49) is better than 72.92% of its industry peers.
SHOO has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
SHOO has a Debt to Equity ratio (0.35) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.49 | ||
| Altman-Z | 4.72 |
ROIC/WACC0.88
WACC10.82%
2.3 Liquidity
A Current Ratio of 2.01 indicates that SHOO has no problem at all paying its short term obligations.
SHOO has a Current ratio (2.01) which is in line with its industry peers.
A Quick Ratio of 1.13 indicates that SHOO should not have too much problems paying its short term obligations.
SHOO's Quick ratio of 1.13 is in line compared to the rest of the industry. SHOO outperforms 54.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
SHOO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.04%.
SHOO shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.57% yearly.
Looking at the last year, SHOO shows a quite strong growth in Revenue. The Revenue has grown by 15.21% in the last year.
SHOO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.02% yearly.
EPS 1Y (TTM)-35.04%
EPS 3Y3.18%
EPS 5Y6.57%
EPS Q2Q%-52.75%
Revenue 1Y (TTM)15.21%
Revenue growth 3Y6.95%
Revenue growth 5Y5.02%
Sales Q2Q%6.92%
3.2 Future
The Earnings Per Share is expected to grow by 3.56% on average over the next years.
SHOO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.96% yearly.
EPS Next Y-42.12%
EPS Next 2Y-10.66%
EPS Next 3Y1.19%
EPS Next 5Y3.56%
Revenue Next Year11.25%
Revenue Next 2Y10.86%
Revenue Next 3Y9.36%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.47, SHOO is valued on the expensive side.
SHOO's Price/Earnings ratio is in line with the industry average.
SHOO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.83, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 17.86, SHOO is valued on the expensive side.
SHOO's Price/Forward Earnings is on the same level as the industry average.
SHOO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.47 | ||
| Fwd PE | 17.86 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SHOO indicates a slightly more expensive valuation: SHOO is more expensive than 64.58% of the companies listed in the same industry.
SHOO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.57 | ||
| EV/EBITDA | 15.1 |
4.3 Compensation for Growth
SHOO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.27
EPS Next 2Y-10.66%
EPS Next 3Y1.19%
5. Dividend
5.1 Amount
SHOO has a Yearly Dividend Yield of 2.19%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.35, SHOO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, SHOO has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
5.2 History
The dividend of SHOO is nicely growing with an annual growth rate of 7.91%!
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
5.3 Sustainability
SHOO pays out 66.76% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SHOO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP66.76%
EPS Next 2Y-10.66%
EPS Next 3Y1.19%
38.21
-0.17 (-0.44%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners110.23%
Inst Owner Change-0.44%
Ins Owners2.13%
Ins Owner Change0.72%
Market Cap2.78B
Revenue(TTM)2.28B
Net Income(TTM)91.03M
Analysts78.67
Price Target34.3 (-10.23%)
Short Float %10.69%
Short Ratio5.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
Yearly Dividend0.84
Dividend Growth(5Y)7.91%
DP66.76%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.33%
Min EPS beat(2)-3.25%
Max EPS beat(2)29.91%
EPS beat(4)3
Avg EPS beat(4)7.21%
Min EPS beat(4)-3.25%
Max EPS beat(4)29.91%
EPS beat(8)7
Avg EPS beat(8)6.68%
EPS beat(12)9
Avg EPS beat(12)3.88%
EPS beat(16)13
Avg EPS beat(16)8.8%
Revenue beat(2)0
Avg Revenue beat(2)-4.53%
Min Revenue beat(2)-6%
Max Revenue beat(2)-3.06%
Revenue beat(4)2
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-6%
Max Revenue beat(4)4.08%
Revenue beat(8)3
Avg Revenue beat(8)-0.53%
Revenue beat(12)6
Avg Revenue beat(12)-0.41%
Revenue beat(16)9
Avg Revenue beat(16)1.68%
PT rev (1m)19.56%
PT rev (3m)21.72%
EPS NQ rev (1m)1.17%
EPS NQ rev (3m)-1.76%
EPS NY rev (1m)0.07%
EPS NY rev (3m)5.66%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-1.97%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.47 | ||
| Fwd PE | 17.86 | ||
| P/S | 1.2 | ||
| P/FCF | 23.57 | ||
| P/OCF | 18.27 | ||
| P/B | 3.33 | ||
| P/tB | 9.77 | ||
| EV/EBITDA | 15.1 |
EPS(TTM)1.78
EY4.66%
EPS(NY)2.14
Fwd EY5.6%
FCF(TTM)1.62
FCFY4.24%
OCF(TTM)2.09
OCFY5.47%
SpS31.93
BVpS11.47
TBVpS3.91
PEG (NY)N/A
PEG (5Y)3.27
Graham Number21.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.8% | ||
| ROE | 10.92% | ||
| ROCE | 12.32% | ||
| ROIC | 9.56% | ||
| ROICexc | 10.39% | ||
| ROICexgc | 18.13% | ||
| OM | 7.43% | ||
| PM (TTM) | 3.92% | ||
| GM | 40.84% | ||
| FCFM | 5.08% |
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%
ROICexgc growth 3Y-8.75%
ROICexgc 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-Score4
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.49 | ||
| Debt/EBITDA | 1.46 | ||
| Cap/Depr | 140.17% | ||
| Cap/Sales | 1.47% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.24% | ||
| Profit Quality | 129.39% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 4.72 |
F-Score4
WACC10.82%
ROIC/WACC0.88
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)-35.04%
EPS 3Y3.18%
EPS 5Y6.57%
EPS Q2Q%-52.75%
EPS Next Y-42.12%
EPS Next 2Y-10.66%
EPS Next 3Y1.19%
EPS Next 5Y3.56%
Revenue 1Y (TTM)15.21%
Revenue growth 3Y6.95%
Revenue growth 5Y5.02%
Sales Q2Q%6.92%
Revenue Next Year11.25%
Revenue Next 2Y10.86%
Revenue Next 3Y9.36%
Revenue Next 5Y4.96%
EBIT growth 1Y-26.8%
EBIT growth 3Y0.11%
EBIT growth 5Y6.56%
EBIT Next Year-29.43%
EBIT Next 3Y3.38%
EBIT Next 5Y7.23%
FCF growth 1Y-59.53%
FCF growth 3Y4.04%
FCF growth 5Y-4.39%
OCF growth 1Y-50.97%
OCF growth 3Y7.49%
OCF growth 5Y-3.26%
STEVEN MADDEN LTD / SHOO FAQ
What is the ChartMill fundamental rating of STEVEN MADDEN LTD (SHOO) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SHOO.
Can you provide the valuation status for STEVEN MADDEN LTD?
ChartMill assigns a valuation rating of 2 / 10 to STEVEN MADDEN LTD (SHOO). This can be considered as Overvalued.
Can you provide the profitability details for STEVEN MADDEN LTD?
STEVEN MADDEN LTD (SHOO) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for SHOO stock?
The Price/Earnings (PE) ratio for STEVEN MADDEN LTD (SHOO) is 21.47 and the Price/Book (PB) ratio is 3.33.
Is the dividend of STEVEN MADDEN LTD sustainable?
The dividend rating of STEVEN MADDEN LTD (SHOO) is 4 / 10 and the dividend payout ratio is 66.76%.