SHOE CARNIVAL INC (SCVL) Stock Fundamental Analysis
NASDAQ:SCVL - Nasdaq - US8248891090 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to SCVL. SCVL was compared to 122 industry peers in the Specialty Retail industry. SCVL gets an excellent profitability rating and is at the same time showing great financial health properties. SCVL has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally SCVL also has an excellent dividend rating. These ratings would make SCVL suitable for dividend investing!
1. Profitability
1.1 Basic Checks
In the past year SCVL was profitable.
In the past year SCVL had a positive cash flow from operations.
In the past 5 years SCVL has always been profitable.
SCVL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SCVL's Return On Assets of 5.77% is fine compared to the rest of the industry. SCVL outperforms 72.95% of its industry peers.
SCVL has a better Return On Equity (10.07%) than 67.21% of its industry peers.
The Return On Invested Capital of SCVL (6.20%) is better than 62.30% of its industry peers.
SCVL had an Average Return On Invested Capital over the past 3 years of 9.38%. This is below the industry average of 12.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 10.07% | ||
| ROIC | 6.2% |
ROA(3y)8.24%
ROA(5y)9.26%
ROE(3y)14.96%
ROE(5y)16.86%
ROIC(3y)9.38%
ROIC(5y)11.19%
1.3 Margins
The Profit Margin of SCVL (5.58%) is better than 78.69% of its industry peers.
SCVL's Profit Margin has improved in the last couple of years.
The Operating Margin of SCVL (6.85%) is better than 76.23% of its industry peers.
In the last couple of years the Operating Margin of SCVL has grown nicely.
Looking at the Gross Margin, with a value of 35.40%, SCVL is in line with its industry, outperforming 48.36% of the companies in the same industry.
SCVL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.85% | ||
| PM (TTM) | 5.58% | ||
| GM | 35.4% |
OM growth 3Y-21.41%
OM growth 5Y7.37%
PM growth 3Y-19.24%
PM growth 5Y8.18%
GM growth 3Y-3.44%
GM growth 5Y3.45%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SCVL is destroying value.
The number of shares outstanding for SCVL remains at a similar level compared to 1 year ago.
SCVL has less shares outstanding than it did 5 years ago.
SCVL 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
SCVL has an Altman-Z score of 3.36. This indicates that SCVL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of SCVL (3.36) is better than 74.59% of its industry peers.
SCVL 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 | 3.36 |
ROIC/WACC0.65
WACC9.56%
2.3 Liquidity
SCVL has a Current Ratio of 3.67. This indicates that SCVL is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 3.67, SCVL belongs to the best of the industry, outperforming 94.26% of the companies in the same industry.
SCVL has a Quick Ratio of 3.67. This is a bad value and indicates that SCVL is not financially healthy enough and could expect problems in meeting its short term obligations.
SCVL's Quick ratio of 0.80 is fine compared to the rest of the industry. SCVL outperforms 69.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.67 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
SCVL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.68%.
The Earnings Per Share has been growing by 13.49% on average over the past years. This is quite good.
Looking at the last year, SCVL shows a decrease in Revenue. The Revenue has decreased by -1.24% in the last year.
Measured over the past years, SCVL shows a small growth in Revenue. The Revenue has been growing by 3.02% on average per year.
EPS 1Y (TTM)-11.68%
EPS 3Y-20.48%
EPS 5Y13.49%
EPS Q2Q%-46.87%
Revenue 1Y (TTM)-1.24%
Revenue growth 3Y-3.3%
Revenue growth 5Y3.02%
Sales Q2Q%-7.54%
3.2 Future
SCVL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.79% yearly.
SCVL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.01% yearly.
EPS Next Y-30%
EPS Next 2Y-19.15%
EPS Next 3Y0.79%
EPS Next 5YN/A
Revenue Next Year-3.88%
Revenue Next 2Y-0.45%
Revenue Next 3Y1.01%
Revenue Next 5YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.68, the valuation of SCVL can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of SCVL indicates a rather cheap valuation: SCVL is cheaper than 90.16% of the companies listed in the same industry.
SCVL is valuated cheaply when we compare the Price/Earnings ratio to 27.52, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.81 indicates a reasonable valuation of SCVL.
Based on the Price/Forward Earnings ratio, SCVL is valued a bit cheaper than the industry average as 74.59% of the companies are valued more expensively.
SCVL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.58.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 11.81 |
4.2 Price Multiples
88.52% of the companies in the same industry are more expensive than SCVL, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SCVL indicates a somewhat cheap valuation: SCVL is cheaper than 76.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.49 | ||
| EV/EBITDA | 4.21 |
4.3 Compensation for Growth
The decent profitability rating of SCVL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.64
EPS Next 2Y-19.15%
EPS Next 3Y0.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.74%, SCVL has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.90, SCVL pays a better dividend. On top of this SCVL pays more dividend than 88.52% of the companies listed in the same industry.
SCVL's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
5.2 History
The dividend of SCVL is nicely growing with an annual growth rate of 22.78%!
SCVL has paid a dividend for at least 10 years, which is a reliable track record.
SCVL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)22.78%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
SCVL pays out 23.43% of its income as dividend. This is a sustainable payout ratio.
SCVL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP23.43%
EPS Next 2Y-19.15%
EPS Next 3Y0.79%
21
-0.32 (-1.5%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners76.87%
Inst Owner Change0%
Ins Owners35.53%
Ins Owner Change-0.08%
Market Cap574.14M
Analysts77.78
Price Target22.95 (9.29%)
Short Float %27.09%
Short Ratio9.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
Yearly Dividend0.54
Dividend Growth(5Y)22.78%
DP23.43%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.64%
Min EPS beat(2)11.11%
Max EPS beat(2)22.17%
EPS beat(4)3
Avg EPS beat(4)8.71%
Min EPS beat(4)-2.35%
Max EPS beat(4)22.17%
EPS beat(8)4
Avg EPS beat(8)0.11%
EPS beat(12)5
Avg EPS beat(12)-1.24%
EPS beat(16)9
Avg EPS beat(16)12.18%
Revenue beat(2)0
Avg Revenue beat(2)-4.71%
Min Revenue beat(2)-5.99%
Max Revenue beat(2)-3.43%
Revenue beat(4)0
Avg Revenue beat(4)-3.92%
Min Revenue beat(4)-5.99%
Max Revenue beat(4)-1.17%
Revenue beat(8)1
Avg Revenue beat(8)-2.4%
Revenue beat(12)1
Avg Revenue beat(12)-4.05%
Revenue beat(16)4
Avg Revenue beat(16)-1.24%
PT rev (1m)0%
PT rev (3m)-19.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.09%
EPS NY rev (1m)-3.94%
EPS NY rev (3m)-14.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.32%
Revenue NY rev (1m)-0.75%
Revenue NY rev (3m)-2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 11.81 | ||
| P/S | 0.49 | ||
| P/FCF | 14.49 | ||
| P/OCF | 7.56 | ||
| P/B | 0.88 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 4.21 |
EPS(TTM)2.42
EY11.52%
EPS(NY)1.78
Fwd EY8.47%
FCF(TTM)1.45
FCFY6.9%
OCF(TTM)2.78
OCFY13.23%
SpS43.17
BVpS23.91
TBVpS21.75
PEG (NY)N/A
PEG (5Y)0.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 10.07% | ||
| ROCE | 8.16% | ||
| ROIC | 6.2% | ||
| ROICexc | 6.84% | ||
| ROICexgc | 7.33% | ||
| OM | 6.85% | ||
| PM (TTM) | 5.58% | ||
| GM | 35.4% | ||
| FCFM | 3.36% |
ROA(3y)8.24%
ROA(5y)9.26%
ROE(3y)14.96%
ROE(5y)16.86%
ROIC(3y)9.38%
ROIC(5y)11.19%
ROICexc(3y)10.44%
ROICexc(5y)13.23%
ROICexgc(3y)11.1%
ROICexgc(5y)14.18%
ROCE(3y)12.35%
ROCE(5y)14.73%
ROICexcg growth 3Y-36.11%
ROICexcg growth 5Y-1.96%
ROICexc growth 3Y-35.75%
ROICexc growth 5Y-3.33%
OM growth 3Y-21.41%
OM growth 5Y7.37%
PM growth 3Y-19.24%
PM growth 5Y8.18%
GM growth 3Y-3.44%
GM growth 5Y3.45%
F-Score5
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 113.43% | ||
| Cap/Sales | 3.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 67.28% | ||
| Profit Quality | 60.2% | ||
| Current Ratio | 3.67 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 3.36 |
F-Score5
WACC9.56%
ROIC/WACC0.65
Cap/Depr(3y)211.8%
Cap/Depr(5y)175.89%
Cap/Sales(3y)4.56%
Cap/Sales(5y)3.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.68%
EPS 3Y-20.48%
EPS 5Y13.49%
EPS Q2Q%-46.87%
EPS Next Y-30%
EPS Next 2Y-19.15%
EPS Next 3Y0.79%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.24%
Revenue growth 3Y-3.3%
Revenue growth 5Y3.02%
Sales Q2Q%-7.54%
Revenue Next Year-3.88%
Revenue Next 2Y-0.45%
Revenue Next 3Y1.01%
Revenue Next 5YN/A
EBIT growth 1Y-14.95%
EBIT growth 3Y-24.01%
EBIT growth 5Y10.61%
EBIT Next Year6.93%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y229.5%
FCF growth 3Y-15.83%
FCF growth 5Y7.5%
OCF growth 1Y118.22%
OCF growth 3Y-11.47%
OCF growth 5Y8.94%