कंपनी का अवलोकन
Shoe Carnival, Inc. operates as a dedicated footwear retailer within the United States market, offering a comprehensive assortment of dress, casual, sandals, boots, and athletic shoes for men, women, and children, alongside various accessories. The company functions within the Consumer Cyclical sector, specifically the Apparel Retail industry, meaning its performance is intrinsically linked to consumer discretionary spending power and seasonal shopping trends. With a market capitalization of $461.49M and annual revenue of $1.14B, the firm manages a significant workforce comprising 2300 employees to execute its retail strategy. These valuation and revenue figures indicate that Shoe Carnival maintains a mid-cap profile, positioning it as a specialized player rather than a dominant market leader in the broader footwear landscape.
वित्तीय स्वास्थ्य
The company reported revenue of $1.14B for the trailing twelve months, generating a net income of $52.27M and an EBITDA of $98.31M. The substantial disparity between the $1.14B revenue and the $52.27M net income highlights a significant cost structure, where operating expenses, including cost of goods sold and overhead, consume approximately 95% of total sales before accounting for interest and taxes. Free cash flow stands at $9.01M, which represents a limited capacity for financial flexibility, suggesting that the company's cash generation is heavily offset by capital expenditures or working capital requirements. Gross margin is recorded at 36.6%, reflecting the pricing power and cost efficiency in sourcing footwear products, while the operating margin of 4.3% and profit margin of 4.6% indicate that operational costs are relatively high relative to the sales generated. The balance sheet shows $130.73M in cash against $371.42M in debt, resulting in a debt-to-equity ratio of 53.86%, which characterizes the entity as a leveraged operation rather than a conservative balance sheet holder. Despite the leverage, the current ratio of 3.76 demonstrates robust short-term liquidity, indicating that current assets are more than three times current liabilities. Return on Equity of 7.8% and Return on Assets of 3.6% reveal that management effectiveness in generating returns is moderate, with equity holders receiving a higher return relative to asset base due to the capital structure.
मूल्यांकन आकलन
The trailing twelve-month P/E ratio is 8.84, while the forward P/E is projected at 9.11, implying that the market expects earnings to stabilize or grow slightly to meet future price expectations. The price-to-book ratio stands at 0.67, suggesting that the stock trades at a discount to its book value, which often indicates market skepticism regarding future growth prospects or concerns about asset quality. Alternative valuation metrics such as a price-to-sales ratio of 0.41 and an EV/EBITDA of 7.14 suggest that the company is valued conservatively compared to historical averages for retailers with similar margins. The stock has a 52-week high of $26.57 and a 52-week low of $15.04, placing the current price trajectory within a range that reflects significant volatility over the past year. With a beta of 1.35, the stock exhibits higher price volatility relative to the broader market, moving more aggressively than the benchmark index during periods of market stress or rally.
Growth & Income
Revenue growth year-over-year is -3.4%, while earnings growth year-over-year is -37.9%, indicating that earnings are contracting at a rate far faster than revenue decline, which points to potential margin compression or one-time costs affecting profitability. As a dividend payer, the company offers a yield of 3.7% with a payout ratio of 31.6%, suggesting that the current dividend distribution is sustainable given the earnings base, though the low payout ratio leaves room for retention of earnings for operations. The divergence between revenue decline and sharper earnings decline implies that the cost structure is becoming less efficient or that fixed costs are weighing heavily on the shrinking revenue base. Overall, the growth and income profile presents a challenging environment characterized by negative growth metrics that must be addressed to restore profitability and support the current dividend obligation.