STEVEN MADDEN LTD (SHOO) Stock Fundamental Analysis
NASDAQ:SHOO - Nasdaq - 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 gets an excellent profitability rating and is at the same time showing great financial health properties. SHOO is not valued too expensively and it also shows a decent growth rate. These ratings would make SHOO suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year SHOO was profitable.
In the past year SHOO had a positive cash flow from operations.
Of the past 5 years SHOO 4 years were profitable.
Each year in the past 5 years SHOO had a positive operating cash flow.
1.2 Ratios
SHOO has a better Return On Assets (11.70%) than 87.76% of its industry peers.
SHOO has a Return On Equity of 20.44%. This is in the better half of the industry: SHOO outperforms 79.59% of its industry peers.
SHOO has a better Return On Invested Capital (18.72%) than 87.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SHOO is significantly above the industry average of 11.39%.
| 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 79.59% of its industry peers.
SHOO's Profit Margin has improved in the last couple of years.
SHOO's Operating Margin of 10.87% is amongst the best of the industry. SHOO outperforms 81.63% of its industry peers.
SHOO's Operating Margin has been stable in the last couple of years.
The Gross Margin of SHOO (41.27%) is worse than 65.31% of its industry peers.
SHOO's Gross Margin has improved in the last couple of years.
| 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.
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 7.10 indicates that SHOO is not in any danger for bankruptcy at the moment.
SHOO has a Altman-Z score of 7.10. This is amongst the best in the industry. SHOO outperforms 91.84% of its industry peers.
SHOO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.1 |
ROIC/WACC2.02
WACC9.25%
2.3 Liquidity
A Current Ratio of 2.09 indicates that SHOO has no problem at all paying its short term obligations.
SHOO's Current ratio of 2.09 is in line compared to the rest of the industry. SHOO outperforms 51.02% of its industry peers.
A Quick Ratio of 1.49 indicates that SHOO should not have too much problems paying its short term obligations.
The Quick ratio of SHOO (1.49) is better than 69.39% of its industry peers.
| 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.
The Revenue has grown by 14.90% in the past year. This is quite good.
The Revenue has been growing slightly by 3.69% on average over the past years.
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.
SHOO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.25% yearly.
EPS Next Y10.42%
EPS Next 2Y10.65%
EPS Next 3Y11.42%
EPS Next 5Y16.79%
Revenue Next Year14.07%
Revenue Next 2Y9.56%
Revenue Next 3Y8.11%
Revenue Next 5Y9.25%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 15.37, SHOO is valued correctly.
Based on the Price/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/Earnings ratio is at 28.29. SHOO is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 13.98 indicates a correct valuation of SHOO.
77.55% of the companies in the same industry are more expensive than SHOO, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SHOO to the average of the S&P500 Index (24.44), we can say SHOO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.37 | ||
| Fwd PE | 13.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SHOO is valued a bit cheaper than the industry average as 67.35% of the companies are valued more expensively.
63.27% of the companies in the same industry are more expensive than SHOO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.61 | ||
| EV/EBITDA | 11.06 |
4.3 Compensation for Growth
SHOO's 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.
PEG (NY)1.48
PEG (5Y)2.55
EPS Next 2Y10.65%
EPS Next 3Y11.42%
5. Dividend
5.1 Amount
SHOO has a Yearly Dividend Yield of 2.06%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.84, SHOO pays a bit more dividend than its industry peers.
SHOO's Dividend Yield is comparable with the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.06% |
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
SHOO pays out 36.05% of its income as dividend. This is a sustainable payout ratio.
SHOO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP36.05%
EPS Next 2Y10.65%
EPS Next 3Y11.42%
STEVEN MADDEN LTD
NASDAQ:SHOO (1/21/2025, 8:26:34 PM)
After market: 42.12 0 (0%)42.12
+1 (+2.43%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners100.53%
Inst Owner Change0.17%
Ins Owners2.11%
Ins Owner Change-0.29%
Market Cap3.04B
Analysts72.5
Price Target47.6 (13.01%)
Short Float %5.43%
Short Ratio4.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.06% |
Yearly Dividend0.84
Dividend Growth(5Y)9.05%
DP36.05%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
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)-0.24%
PT rev (3m)1.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.4%
EPS NY rev (1m)0%
EPS NY rev (3m)1.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.37 | ||
| Fwd PE | 13.98 | ||
| P/S | 1.37 | ||
| P/FCF | 13.61 | ||
| P/OCF | 12.38 | ||
| P/B | 3.65 | ||
| P/tB | 5.59 | ||
| EV/EBITDA | 11.06 |
EPS(TTM)2.74
EY6.51%
EPS(NY)3.01
Fwd EY7.15%
FCF(TTM)3.1
FCFY7.35%
OCF(TTM)3.4
OCFY8.08%
SpS30.76
BVpS11.55
TBVpS7.53
PEG (NY)1.48
PEG (5Y)2.55
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 | 7.1 |
F-Score6
WACC9.25%
ROIC/WACC2.02
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 Y10.42%
EPS Next 2Y10.65%
EPS Next 3Y11.42%
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 3Y8.11%
Revenue Next 5Y9.25%
EBIT growth 1Y13.28%
EBIT growth 3Y57.08%
EBIT growth 5Y4.85%
EBIT Next Year18.39%
EBIT Next 3Y11.82%
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%