Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Steven Madden
SHOO : NASDAQ : Consumer Goods

$47.16 -1.34 | -2.76%
Today's Range: 46.68 - 48.63
Avg. Daily Volume: 452,300
05/22/13 - 4:00 PM ET

Financial Analysis


MADDEN STEVEN LTD's gross profit margin for the first quarter of its fiscal year 2013 is essentially unchanged when compared to the same period a year ago. The company has grown sales and net income during the past quarter when compared with the same quarter a year ago, however, it was unable to keep up with the growth of the average competitor within its industry.

At the same time, stockholders' equity ("net worth") has greatly increased by 27.06% from the same quarter last year.



Income Statement Q1 FY13 Q1 FY12
Net Sales ($mil)283.28270.44
EBITDA ($mil)0.038.59
EBIT ($mil)36.4435.63
Net Income ($mil)23.421.87


Balance Sheet Q1 FY13 Q1 FY12
Cash & Equiv. ($mil)0.066.58
Total Assets ($mil)820.22697.29
Total Debt ($mil)0.00.0
Equity ($mil)644.71507.41


Profitability Q1 FY13 Q1 FY12
Gross Profit Margin37.7637.19
EBITDA Margin0.014.26
Operating Margin12.8613.18
Sales Turnover1.531.56
Return on Assets14.7714.53
Return on Equity18.7919.97
Debt Q1 FY13 Q1 FY12
Current Ratio0.02.36
Debt/Capital0.00.0
Interest Expense0.00.0
Interest Coverage0.00.0


Share Data Q1 FY13 Q1 FY12
Shares outstanding (mil)46.1344.32
Div / share0.00.0
EPS0.520.5
Book value / share13.9811.45
Institutional Own % n/a n/a
Avg Daily Volume441736.0317891.0

Valuation


BUY. MADDEN STEVEN LTD's P/E ratio indicates a discount compared to an average of 26.03 for the Textiles, Apparel & Luxury Goods industry and a value on par with the S&P 500 average of 19.08. Conducting a second comparison, its price-to-book ratio of 3.41 indicates a premium versus the S&P 500 average of 2.44 and a significant discount versus the industry average of 5.58. The price-to-sales ratio is above the S&P 500 average, but well below the industry average. Upon assessment of these and other key valuation criteria, MADDEN STEVEN LTD proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
SHOO 17.44 Peers 26.03   SHOO 14.13 Peers 21.93

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

SHOO is trading at a significant discount to its peers.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

SHOO is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
SHOO 14.37 Peers 33.22   SHOO 1.55 Peers 1.85

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

SHOO is trading at a significant discount to its peers.

 

Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

SHOO trades at a discount to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
SHOO 3.41 Peers 5.58   SHOO 16.66 Peers 72.04

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

SHOO is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, SHOO is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
SHOO 1.75 Peers 2.73   SHOO 15.52 Peers 39.24

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

SHOO is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

SHOO significantly trails its peers on the basis of sales growth

 

 

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