CALERES INC (CAL)
US1295001044 - Common Stock
CAL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 126 industry peers in the Specialty Retail industry. CAL scores excellent on profitability, but there are some minor concerns on its financial health. CAL has a bad growth rate and is valued cheaply. With these ratings, CAL could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
CAL had positive earnings in the past year.
In the past year CAL had a positive cash flow from operations.
CAL had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CAL had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 9.08%, CAL belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
The Return On Equity of CAL (29.21%) is better than 83.33% of its industry peers.
CAL has a Return On Invested Capital of 14.49%. This is amongst the best in the industry. CAL outperforms 81.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CAL is above the industry average of 14.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.08% | ||
| ROE | 29.21% | ||
| ROIC | 14.49% |
ROA(3y)8.57%
ROA(5y)0.94%
ROE(3y)37.34%
ROE(5y)-19.58%
ROIC(3y)16.15%
ROIC(5y)N/A
1.3 Margins
CAL has a better Profit Margin (5.81%) than 77.78% of its industry peers.
Looking at the Operating Margin, with a value of 7.14%, CAL is in the better half of the industry, outperforming 70.63% of the companies in the same industry.
CAL's Operating Margin has improved in the last couple of years.
The Gross Margin of CAL (44.83%) is better than 73.02% of its industry peers.
CAL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.14% | ||
| PM (TTM) | 5.81% | ||
| GM | 44.83% |
OM growth 3YN/A
OM growth 5Y11.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.81%
GM growth 5Y1.91%
2. Health
2.1 Basic Checks
CAL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CAL has been reduced compared to 1 year ago.
CAL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CAL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.89 indicates that CAL is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.89, CAL is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
The Debt to FCF ratio of CAL is 1.21, which is an excellent value as it means it would take CAL, only 1.21 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 1.21, CAL is doing good in the industry, outperforming 77.78% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that CAL is not too dependend on debt financing.
CAL has a Debt to Equity ratio of 0.32. This is comparable to the rest of the industry: CAL outperforms 55.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.21 | ||
| Altman-Z | 2.89 |
ROIC/WACC1.54
WACC9.41%
2.3 Liquidity
A Current Ratio of 1.06 indicates that CAL should not have too much problems paying its short term obligations.
With a Current ratio value of 1.06, CAL is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
CAL has a Quick Ratio of 1.06. This is a bad value and indicates that CAL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.33, CAL is not doing good in the industry: 73.02% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
The earnings per share for CAL have decreased by -7.11% in the last year.
Measured over the past years, CAL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.59% on average per year.
CAL shows a decrease in Revenue. In the last year, the revenue decreased by -5.08%.
Measured over the past years, CAL shows a decrease in Revenue. The Revenue has been decreasing by -0.12% on average per year.
EPS 1Y (TTM)-7.11%
EPS 3YN/A
EPS 5Y13.59%
EPS growth Q2Q32.31%
Revenue 1Y (TTM)-5.08%
Revenue growth 3Y9.99%
Revenue growth 5Y-0.12%
Revenue growth Q2Q0.1%
3.2 Future
The Earnings Per Share is expected to grow by 9.68% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.64% on average over the next years.
EPS Next Y9.46%
EPS Next 2Y9.81%
EPS Next 3Y10.58%
EPS Next 5Y9.68%
Revenue Next Year1.93%
Revenue Next 2Y3.05%
Revenue Next 3Y3.38%
Revenue Next 5Y4.64%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.80, the valuation of CAL can be described as reasonable.
88.10% of the companies in the same industry are more expensive than CAL, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 24.55. CAL is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.04, which indicates a very decent valuation of CAL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CAL indicates a rather cheap valuation: CAL is cheaper than 90.48% of the companies listed in the same industry.
CAL is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.8 | ||
| Fwd PE | 8.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAL is valued cheaper than 84.92% of the companies in the same industry.
84.92% of the companies in the same industry are more expensive than CAL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.59 | ||
| EV/EBITDA | 4.91 |
4.3 Compensation for Growth
CAL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CAL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.93
PEG (5Y)0.65
EPS Next 2Y9.81%
EPS Next 3Y10.58%
5. Dividend
5.1 Amount
CAL has a yearly dividend return of 0.77%, which is pretty low.
Compared to an average industry Dividend Yield of 3.49, CAL pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.77, CAL pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
5.2 History
The dividend of CAL decreases each year by -0.22%.
CAL has paid a dividend for at least 10 years, which is a reliable track record.
CAL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.22%
Div Incr Years0
Div Non Decr Years15
5.3 Sustainability
CAL pays out 6.08% of its income as dividend. This is a sustainable payout ratio.
DP6.08%
EPS Next 2Y9.81%
EPS Next 3Y10.58%
CALERES INC
NYSE:CAL (5/2/2024, 10:01:34 AM)
36.77
+0.64 (+1.77%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.29B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.8 | ||
| Fwd PE | 8.04 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.93
PEG (5Y)0.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.08% | ||
| ROE | 29.21% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.14% | ||
| PM (TTM) | 5.81% | ||
| GM | 44.83% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-7.11%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y9.46%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-5.08%
Revenue growth 3Y9.99%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y