SHOE CARNIVAL INC (SCVL) Stock Fundamental Analysis
NASDAQ:SCVL - Nasdaq - US8248891090 - Common Stock - Currency: USD
Overall SCVL gets a fundamental rating of 6 out of 10. We evaluated SCVL against 123 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 is valued correctly, but it does not seem to be growing. Finally SCVL also has an excellent dividend rating. This makes SCVL very considerable 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.
SCVL had positive earnings in each of the past 5 years.
SCVL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SCVL has a Return On Assets of 5.77%. This is in the better half of the industry: SCVL outperforms 72.36% of its industry peers.
With a decent Return On Equity value of 10.07%, SCVL is doing good in the industry, outperforming 67.48% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.20%, SCVL is doing good in the industry, outperforming 62.60% of the companies in the same industry.
SCVL had an Average Return On Invested Capital over the past 3 years of 9.38%. This is below the industry average of 12.08%.
| 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
With a decent Profit Margin value of 5.58%, SCVL is doing good in the industry, outperforming 78.86% of the companies in the same industry.
In the last couple of years the Profit Margin of SCVL has grown nicely.
The Operating Margin of SCVL (6.85%) is better than 76.42% of its industry peers.
In the last couple of years the Operating Margin of SCVL has grown nicely.
With a Gross Margin value of 35.40%, SCVL perfoms like the industry average, outperforming 49.59% of the companies in the same industry.
In the last couple of years the Gross Margin of SCVL has grown nicely.
| 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 just above the Cost of Capital (WACC), so SCVL is still creating some value.
The number of shares outstanding for SCVL remains at a similar level compared to 1 year ago.
The number of shares outstanding for SCVL has been reduced compared to 5 years ago.
There is no outstanding debt for SCVL. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 3.34 indicates that SCVL is not in any danger for bankruptcy at the moment.
SCVL has a better Altman-Z score (3.34) than 75.61% 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 | 3.34 |
ROIC/WACC0.67
WACC9.32%
2.3 Liquidity
A Current Ratio of 3.67 indicates that SCVL has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.67, SCVL belongs to the top of the industry, outperforming 93.50% 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.
The Quick ratio of SCVL (0.80) is better than 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.67 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The earnings per share for SCVL have decreased strongly by -11.68% in the last year.
Measured over the past years, SCVL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.49% on average per year.
Looking at the last year, SCVL shows a decrease in Revenue. The Revenue has decreased by -1.24% in the last year.
The Revenue has been growing slightly by 3.02% on average over the past years.
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
Based on estimates for the next years, SCVL will show a small growth in Earnings Per Share. The EPS will grow by 0.79% on average per year.
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
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.09, the valuation of SCVL can be described as reasonable.
Based on the Price/Earnings ratio, SCVL is valued cheaply inside the industry as 89.43% of the companies are valued more expensively.
SCVL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.48.
A Price/Forward Earnings ratio of 11.01 indicates a reasonable valuation of SCVL.
75.61% of the companies in the same industry are more expensive than SCVL, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.04, SCVL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.09 | ||
| Fwd PE | 11.01 |
4.2 Price Multiples
91.06% of the companies in the same industry are more expensive than SCVL, based on the Enterprise Value to EBITDA ratio.
SCVL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SCVL is cheaper than 77.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.5 | ||
| EV/EBITDA | 4.03 |
4.3 Compensation for Growth
SCVL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.6
EPS Next 2Y-19.15%
EPS Next 3Y0.79%
5. Dividend
5.1 Amount
SCVL has a Yearly Dividend Yield of 2.92%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.00, SCVL pays a better dividend. On top of this SCVL pays more dividend than 88.62% of the companies listed in the same industry.
SCVL's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)22.78%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
23.43% of the earnings are spent on dividend by SCVL. This is a low number and 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%
19.57
-0.98 (-4.77%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners79.42%
Inst Owner Change0.44%
Ins Owners35.02%
Ins Owner Change-0.08%
Market Cap535.04M
Analysts77.78
Price Target22.95 (17.27%)
Short Float %27.55%
Short Ratio10.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
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)0%
EPS NY rev (3m)-3.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.09 | ||
| Fwd PE | 11.01 | ||
| P/S | 0.45 | ||
| P/FCF | 13.5 | ||
| P/OCF | 7.05 | ||
| P/B | 0.82 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 4.03 |
EPS(TTM)2.42
EY12.37%
EPS(NY)1.78
Fwd EY9.09%
FCF(TTM)1.45
FCFY7.41%
OCF(TTM)2.78
OCFY14.19%
SpS43.17
BVpS23.91
TBVpS21.75
PEG (NY)N/A
PEG (5Y)0.6
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 | 3.34 |
F-Score5
WACC9.32%
ROIC/WACC0.67
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%