Steven Madden, Ltd. (SHOO) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA below its 5-year median

Steven Madden's EV/EBITDA of 11.6 is below its 5-year median of 12.2.

P/B above the industry

Steven Madden's price-to-book of 3.18 is above the Consumer discretionary median of 2.44.

Trading above fair value

The share price of $42.70 is above our fair value estimate of $35.92.

Margin of safety under 20%

The price is 18.9% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 6.1% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -39.0% a year over the last three fiscal years.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 20.4% over the last twelve months; the Consumer discretionary median is 7.2%.

Guidance raised

Steven Madden raised its fiscal 2026 revenue outlook on Jul 30, 2026.

Gross margin improving

Gross margin was 46.8% over the last twelve months, against 40.8% a year earlier.

Return on equity

Needs positive equity and five years of results.

Return on capital over 10%

Return on invested capital was 16.5%, above the 10% that usually covers the cost of capital.

Return on equity against the industry

Needs positive equity.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin against its history

Needs five years of revenue and net income.

Net margin against the industry

Needs revenue and net income.

Low debt

Debt is 12.2% of shareholders' equity, under the 40% we consider low.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 203% of total debt.

Interest coverage

Interest expense is not reported separately.

Short-term assets cover short-term debts

Current assets are 1.86 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 5.53; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Steven Madden paid dividends worth 2.0% of the share price over the last twelve months.

Yield below Treasuries

The 2.0% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Steven Madden yields 2.0%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 10 fiscal years.

Earnings cover

Needs dividends paid and net income.

Covered by free cash flow

Dividends take 29.9% of free cash flow.