(SHOO) Steven Madden - Overview
Sector: Consumer Cyclical | Industry: Footwear & Accessories | Exchange: NASDAQ (USA) | Market Cap: 3.064m USD | Total Return: 75.7% in 12m
Avg Turnover: 39.3M
EPS Trend: -59.9%
Qual. Beats: 1
Rev. Trend: 98.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader
Steven Madden, Ltd. (SHOO) is a global fashion firm that designs and markets branded and private label footwear, accessories, and apparel. The company utilizes a diversified distribution strategy encompassing wholesale channels-such as department stores and mass merchants-and a direct-to-consumer segment consisting of company-operated retail stores and e-commerce platforms. Its portfolio includes owned and licensed brands such as Steve Madden, Dolce Vita, Betsey Johnson, and Anne Klein.
The company operates within the footwear and accessories sector, which is characterized by high inventory turnover and sensitivity to consumer discretionary spending trends. Unlike many traditional manufacturers, Steven Madden employs a test-and-react business model, allowing it to pilot small batches of new designs and rapidly scale production based on real-time sales data to mitigate fashion risk. For a more granular look at the company’s recent performance metrics, consider reviewing the latest data on ValueRay.
Headquartered in Long Island City, New York, the firm also generates revenue through licensing its trademarks for home goods and non-core apparel categories. This licensing model allows the company to expand its brand footprint with minimal capital expenditure while maintaining oversight of brand image across global markets.
- Direct-to-consumer channel growth improves consolidated gross margins and digital penetration
- Wholesale segment performance depends on department store and mass merchant traffic
- Supply chain diversification reduces reliance on China and mitigates geopolitical risk
- Fashion cycle rotation influences inventory turnover and full-price selling rates
- Strategic brand acquisitions and licensing agreements drive inorganic revenue expansion
| Net Income: 76.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -6.98 > 1.0 |
| NWC/Revenue: 21.96% < 20% (prev 21.52%; Δ 0.44% < -1%) |
| CFO/TA 0.06 > 3% & CFO 125.7m > Net Income 76.1m |
| Net Debt (717.0m) to EBITDA (154.9m): 4.63 < 3 |
| Current Ratio: 2.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (71.9m) vs 12m ago 1.16% < -2% |
| Gross Margin: 44.76% > 18% (prev 0.41%; Δ 4.43k% > 0.5%) |
| Asset Turnover: 155.5% > 50% (prev 160.0%; Δ -4.50% > 0%) |
| Interest Coverage Ratio: 13.78 > 6 (EBITDA TTM 154.9m / Interest Expense TTM 8.74m) |
| A: 0.30 (Total Current Assets 1.05b - Total Current Liabilities 471.4m) / Total Assets 1.95b |
| B: 0.94 (Retained Earnings 1.83b / Total Assets 1.95b) |
| C: 0.07 (EBIT TTM 120.4m / Avg Total Assets 1.69b) |
| D: 1.78 (Book Value of Equity 1.79b / Total Liabilities 1.01b) |
| Altman-Z'' = 7.33 = AAA |
| DSRI: 0.85 (Receivables 452.8m/465.2m, Revenue 2.63b/2.28b) |
| GMI: 0.92 (GM 44.76% / 41.08%) |
| AQI: 1.26 (AQ_t 0.28 / AQ_t-1 0.23) |
| SGI: 1.15 (Revenue 2.63b / 2.28b) |
| TATA: -0.03 (NI 76.1m - CFO 125.7m) / TA 1.95b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 43.44 with a total of 1,379,718 shares traded.
Over the past week, the price has changed by +5.05%,
over one month by +17.50%,
over three months by +21.07% and
over the past year by +75.74%.
Steven Madden has received a consensus analysts rating of 3.30. Therefore, it is recommended to hold SHOO.
- StrongBuy: 1
- Buy: 1
- Hold: 8
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 45.4 | 4.6% |
P/E Trailing = 39.5566
P/E Forward = 15.015
P/S = 1.1636
P/B = 3.3551
P/EG = 2.1728
Revenue TTM = 2.63b USD
EBIT TTM = 120.4m USD
EBITDA TTM = 154.9m USD
Long Term Debt = 286.5m USD (from longTermDebt, last quarter)
Short Term Debt = 61.9m USD (from shortTermDebt, last quarter)
Debt = 794.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 253.8m
Net Debt = 717.0m USD (calculated: Debt 794.1m - CCE 77.2m)
Enterprise Value = 3.78b USD (3.06b + Debt 794.1m - CCE 77.2m)
Interest Coverage Ratio = 13.78 (Ebit TTM 120.4m / Interest Expense TTM 8.74m)
EV/FCF = 43.47x (Enterprise Value 3.78b / FCF TTM 87.0m)
FCF Yield = 2.30% (FCF TTM 87.0m / Enterprise Value 3.78b)
FCF Margin = 3.31% (FCF TTM 87.0m / Revenue TTM 2.63b)
Net Margin = 2.89% (Net Income TTM 76.1m / Revenue TTM 2.63b)
Gross Margin = 44.76% ((Revenue TTM 2.63b - Cost of Revenue TTM 1.45b) / Revenue TTM)
Gross Margin QoQ = 54.49% (prev 42.43%)
Tobins Q-Ratio = 1.93 (Enterprise Value 3.78b / Total Assets 1.95b)
Interest Expense / Debt = 1.10% (Interest Expense 8.74m / Debt 794.1m)
Taxrate = 24.69% (23.5m / 95.1m)
NOPAT = 90.7m (EBIT 120.4m * (1 - 24.69%))
Current Ratio = 2.23 (Total Current Assets 1.05b / Total Current Liabilities 471.4m)
Debt / Equity = 0.87 (Debt 794.1m / totalStockholderEquity, last quarter 913.2m)
Debt / EBITDA = 4.63 (Net Debt 717.0m / EBITDA 154.9m)
Debt / FCF = 8.24 (Net Debt 717.0m / FCF TTM 87.0m)
Total Stockholder Equity = 865.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.50% (Net Income 76.1m / Total Assets 1.95b)
RoE = 8.78% (Net Income TTM 76.1m / Total Stockholder Equity 865.9m)
RoCE = 10.45% (EBIT 120.4m / Capital Employed (Equity 865.9m + L.T.Debt 286.5m))
RoIC = 6.06% (NOPAT 90.7m / Invested Capital 1.50b)
WACC = 9.95% (E(3.06b)/V(3.86b) * Re(12.31%) + D(794.1m)/V(3.86b) * Rd(1.10%) * (1-Tc(0.25)))
Discount Rate = 12.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -51.11 | Cagr: -0.98%
[DCF] Terminal Value 67.37% ; FCFF base≈117.5m ; Y1≈103.0m ; Y5≈83.2m
[DCF] Fair Price = 4.67 (EV 1.06b - Net Debt 717.0m = Equity 341.4m / Shares 73.1m; r=9.95% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -59.93 | EPS CAGR: -12.23% | SUE: 1.32 | # QB: 1
Revenue Correlation: 98.41 | Revenue CAGR: 11.56% | SUE: -0.06 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=+1.87% | Revisions=+11% | Analysts=8
EPS next Quarter (2026-09-30): EPS=0.63 | Chg30d=+1.92% | Revisions=+40% | Analysts=8
EPS current Year (2026-12-31): EPS=2.11 | Chg30d=+0.97% | Revisions=+11% | GrowthEPS=+24.3% | GrowthRev=+12.4%
EPS next Year (2027-12-31): EPS=2.67 | Chg30d=+1.73% | Revisions=+33% | GrowthEPS=+26.3% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: +40%