CALERES INC (CAL) Stock Fundamental Analysis
NYSE:CAL - New York Stock Exchange, Inc. - US1295001044 - Common Stock - Currency: USD
CAL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 123 industry peers in the Specialty Retail industry. CAL scores excellent on profitability, but there are concerns on its financial health. CAL has a bad growth rate and is valued cheaply. Finally CAL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CAL was profitable.
CAL had a positive operating cash flow in the past year.
CAL had positive earnings in 4 of the past 5 years.
CAL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.77%, CAL is in the better half of the industry, outperforming 72.36% of the companies in the same industry.
CAL's Return On Equity of 18.20% is fine compared to the rest of the industry. CAL outperforms 77.24% of its industry peers.
CAL has a Return On Invested Capital of 10.64%. This is in the better half of the industry: CAL outperforms 75.61% of its industry peers.
CAL had an Average Return On Invested Capital over the past 3 years of 13.19%. This is in line with the industry average of 11.91%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 18.2% | ||
| ROIC | 10.64% |
ROA(3y)8%
ROA(5y)1.53%
ROE(3y)29.28%
ROE(5y)-18.01%
ROIC(3y)13.19%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CAL (3.30%) is better than 70.73% of its industry peers.
CAL's Profit Margin has improved in the last couple of years.
CAL has a Operating Margin of 5.14%. This is in the better half of the industry: CAL outperforms 69.92% of its industry peers.
In the last couple of years the Operating Margin of CAL has grown nicely.
CAL's Gross Margin of 44.97% is fine compared to the rest of the industry. CAL outperforms 70.73% of its industry peers.
CAL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.14% | ||
| PM (TTM) | 3.3% | ||
| GM | 44.97% |
OM growth 3Y-10.14%
OM growth 5Y6.49%
PM growth 3Y-7.2%
PM growth 5Y12.79%
GM growth 3Y0.52%
GM growth 5Y2.06%
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.
The number of shares outstanding for CAL has been reduced compared to 5 years ago.
CAL has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.65 indicates that CAL is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.65, CAL perfoms like the industry average, outperforming 56.10% of the companies in the same industry.
CAL has a debt to FCF ratio of 3541.10. This is a negative value and a sign of low solvency as CAL would need 3541.10 years to pay back of all of its debts.
With a Debt to FCF ratio value of 3541.10, CAL perfoms like the industry average, outperforming 43.09% of the companies in the same industry.
CAL has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CAL (0.43) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 3541.1 | ||
| Altman-Z | 2.65 |
ROIC/WACC1.11
WACC9.55%
2.3 Liquidity
A Current Ratio of 1.10 indicates that CAL should not have too much problems paying its short term obligations.
CAL has a Current ratio of 1.10. This is in the lower half of the industry: CAL underperforms 66.67% of its industry peers.
A Quick Ratio of 0.35 indicates that CAL may have some problems paying its short term obligations.
CAL has a Quick ratio of 0.35. This is in the lower half of the industry: CAL underperforms 62.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.35 |
3. Growth
3.1 Past
The earnings per share for CAL have decreased strongly by -35.70% in the last year.
The Earnings Per Share has been growing by 9.39% on average over the past years. This is quite good.
CAL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.59%.
CAL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.40% yearly.
EPS 1Y (TTM)-35.7%
EPS 3Y-8.47%
EPS 5Y9.39%
EPS Q2Q%-75%
Revenue 1Y (TTM)18.59%
Revenue growth 3Y-0.66%
Revenue growth 5Y-1.4%
Sales Q2Q%-6.82%
3.2 Future
The Earnings Per Share is expected to grow by 2.08% on average over the next years.
The Revenue is expected to decrease by -0.04% on average over the next years.
EPS Next Y-30.01%
EPS Next 2Y-6.13%
EPS Next 3Y0.03%
EPS Next 5Y2.08%
Revenue Next Year-3.68%
Revenue Next 2Y-0.16%
Revenue Next 3Y0.99%
Revenue Next 5Y-0.04%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.57 indicates a rather cheap valuation of CAL.
Based on the Price/Earnings ratio, CAL is valued cheaper than 96.75% of the companies in the same industry.
CAL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.93.
With a Price/Forward Earnings ratio of 5.05, the valuation of CAL can be described as very cheap.
Based on the Price/Forward Earnings ratio, CAL is valued cheaper than 95.94% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.31, CAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.57 | ||
| Fwd PE | 5.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CAL indicates a rather cheap valuation: CAL is cheaper than 98.37% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as CAL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6783.16 | ||
| EV/EBITDA | 2.01 |
4.3 Compensation for Growth
CAL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.59
EPS Next 2Y-6.13%
EPS Next 3Y0.03%
5. Dividend
5.1 Amount
CAL has a Yearly Dividend Yield of 2.03%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.08, CAL pays a better dividend. On top of this CAL pays more dividend than 80.49% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, CAL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
5.2 History
The dividend of CAL has a limited annual growth rate of 0.25%.
CAL has been paying a dividend for at least 10 years, so it has a reliable track record.
CAL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.25%
Div Incr Years0
Div Non Decr Years26
5.3 Sustainability
8.73% of the earnings are spent on dividend by CAL. This is a low number and sustainable payout ratio.
The dividend of CAL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP8.73%
EPS Next 2Y-6.13%
EPS Next 3Y0.03%
NYSE:CAL (8/15/2025, 11:40:03 AM)
14.65
+0.06 (+0.41%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners101.56%
Inst Owner Change-0.94%
Ins Owners3.93%
Ins Owner Change11.02%
Market Cap495.17M
Analysts76.67
Price Target19.89 (35.77%)
Short Float %18.88%
Short Ratio6.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend0.28
Dividend Growth(5Y)0.25%
DP8.73%
Div Incr Years0
Div Non Decr Years26
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.48%
Min EPS beat(2)-40.32%
Max EPS beat(2)33.36%
EPS beat(4)1
Avg EPS beat(4)-12.03%
Min EPS beat(4)-40.32%
Max EPS beat(4)33.36%
EPS beat(8)3
Avg EPS beat(8)-4.72%
EPS beat(12)6
Avg EPS beat(12)-2.54%
EPS beat(16)10
Avg EPS beat(16)13.7%
Revenue beat(2)0
Avg Revenue beat(2)-2.72%
Min Revenue beat(2)-3.21%
Max Revenue beat(2)-2.24%
Revenue beat(4)0
Avg Revenue beat(4)-3.58%
Min Revenue beat(4)-6.53%
Max Revenue beat(4)-2.24%
Revenue beat(8)0
Avg Revenue beat(8)-2.71%
Revenue beat(12)1
Avg Revenue beat(12)-2.31%
Revenue beat(16)4
Avg Revenue beat(16)-0.84%
PT rev (1m)0%
PT rev (3m)-7.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-36.18%
EPS NY rev (1m)0%
EPS NY rev (3m)-25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.57 | ||
| Fwd PE | 5.05 | ||
| P/S | 0.15 | ||
| P/FCF | 6783.16 | ||
| P/OCF | 7.87 | ||
| P/B | 0.82 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 2.01 |
EPS(TTM)2.63
EY17.95%
EPS(NY)2.9
Fwd EY19.79%
FCF(TTM)0
FCFY0.01%
OCF(TTM)1.86
OCFY12.7%
SpS98.72
BVpS17.9
TBVpS12.3
PEG (NY)N/A
PEG (5Y)0.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 18.2% | ||
| ROCE | 15.07% | ||
| ROIC | 10.64% | ||
| ROICexc | 10.89% | ||
| ROICexgc | 12.65% | ||
| OM | 5.14% | ||
| PM (TTM) | 3.3% | ||
| GM | 44.97% | ||
| FCFM | 0% |
ROA(3y)8%
ROA(5y)1.53%
ROE(3y)29.28%
ROE(5y)-18.01%
ROIC(3y)13.19%
ROIC(5y)N/A
ROICexc(3y)13.49%
ROICexc(5y)N/A
ROICexgc(3y)16.41%
ROICexgc(5y)N/A
ROCE(3y)18.87%
ROCE(5y)N/A
ROICexcg growth 3Y-17.97%
ROICexcg growth 5Y7.88%
ROICexc growth 3Y-16.7%
ROICexc growth 5Y11.74%
OM growth 3Y-10.14%
OM growth 5Y6.49%
PM growth 3Y-7.2%
PM growth 5Y12.79%
GM growth 3Y0.52%
GM growth 5Y2.06%
F-Score6
Asset Turnover1.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 3541.1 | ||
| Debt/EBITDA | 1.13 | ||
| Cap/Depr | 108.86% | ||
| Cap/Sales | 1.88% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 27.46% | ||
| Profit Quality | 0.07% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.35 | ||
| Altman-Z | 2.65 |
F-Score6
WACC9.55%
ROIC/WACC1.11
Cap/Depr(3y)105.11%
Cap/Depr(5y)79.57%
Cap/Sales(3y)1.94%
Cap/Sales(5y)1.55%
Profit Quality(3y)59.52%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.7%
EPS 3Y-8.47%
EPS 5Y9.39%
EPS Q2Q%-75%
EPS Next Y-30.01%
EPS Next 2Y-6.13%
EPS Next 3Y0.03%
EPS Next 5Y2.08%
Revenue 1Y (TTM)18.59%
Revenue growth 3Y-0.66%
Revenue growth 5Y-1.4%
Sales Q2Q%-6.82%
Revenue Next Year-3.68%
Revenue Next 2Y-0.16%
Revenue Next 3Y0.99%
Revenue Next 5Y-0.04%
EBIT growth 1Y-12.19%
EBIT growth 3Y-10.74%
EBIT growth 5Y5%
EBIT Next Year11.23%
EBIT Next 3Y3.94%
EBIT Next 5Y6.27%
FCF growth 1Y-99.91%
FCF growth 3Y-28.44%
FCF growth 5Y-15.2%
OCF growth 1Y-56.22%
OCF growth 3Y-14.69%
OCF growth 5Y-9.35%