Overview Dividends

(M) Macy’s - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55616P1049

Apparel, Accessories, Cosmetics, Home Goods

M EPS (Earnings per Share)

EPS Growth (3Y CAGR): -48.64%
EPS Trend (3Y Correlation): -35.6%

M Revenue

Revenue Growth (3Y CAGR): -6.90%
Revenue Trend (3Y Correlation): -13.3%

Description: M Macy’s

Macys, Inc. is a leading omni-channel retail organization operating in the United States and internationally through license agreements. The company operates under three main brands: Macys, Bloomingdales, and Bluemercury, offering a diverse range of products including apparel, accessories, cosmetics, and home furnishings.

From a financial perspective, Macys has a market capitalization of approximately $3.45 billion, indicating a mid-cap status. The companys price-to-earnings ratio is around 6.41, suggesting a relatively low valuation compared to its earnings. The forward P/E ratio is slightly higher at 8.38, indicating potential growth expectations. Additionally, Macys return on equity stands at 12.79%, demonstrating a decent level of profitability.

To further analyze Macys performance, key performance indicators (KPIs) such as same-store sales growth, gross margin, and operating margin can be considered. Same-store sales growth is a crucial metric for retailers, as it indicates the companys ability to drive sales growth from existing stores. Macys has been working to improve its e-commerce capabilities and enhance the overall customer experience, which could positively impact same-store sales. Gross margin and operating margin are also important KPIs, as they reflect the companys ability to maintain profitability amidst changing market conditions.

Other relevant KPIs for Macys include inventory turnover, which measures the companys ability to manage its inventory levels, and debt-to-equity ratio, which assesses the companys leverage and financial flexibility. By examining these KPIs, investors can gain a more comprehensive understanding of Macys financial health and operational efficiency.

M Stock Overview

Market Cap in USD	3,688m
Sub-Industry	Broadline Retail
IPO / Inception	1992-02-05

M Stock Ratings

Growth Rating	-5.68%
Fundamental	55.3%
Dividend Rating	88.1%
Return 12m vs S&P 500	-23.5%
Analyst Rating	3.15 of 5

M Dividends

Dividend Yield 12m	5.31%
Yield on Cost 5y	11.93%
Annual Growth 5y	12.99%
Payout Consistency	92.2%
Payout Ratio	28.1%

M Growth Ratios

Growth Correlation 3m	77.2%
Growth Correlation 12m	-72.2%
Growth Correlation 5y	-10.8%
CAGR 5y	17.33%
CAGR/Max DD 5y	0.25
Sharpe Ratio 12m	-1.56
Alpha	-27.37
Beta	1.075
Volatility	48.72%
Current Volume	8366.1k
Average Volume 20d	6172.6k
Stop Loss	12.6 (-4.8%)
Signal	-0.47

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (558.0m TTM) > 0 and > 6% of Revenue (6% = 1.37b TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA -0.16pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 8.35% (prev 7.23%; Δ 1.13pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 1.08b > Net Income 558.0m (YES >=105%, WARN >=100%)

Net Debt (4.73b) to EBITDA (1.73b) ratio: 2.74 <= 3.0 (WARN <= 3.5)

Current Ratio 1.43 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (280.7m) change vs 12m ago -0.11% (target <= -2.0% for YES)

Gross Margin 40.40% (prev 40.48%; Δ -0.08pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 140.1% (prev 144.0%; Δ -3.90pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 7.61 (EBITDA TTM 1.73b / Interest Expense TTM 111.0m) >= 6 (WARN >= 3)

Altman Z'' 2.98

(A) 0.12 = (Total Current Assets 6.29b - Total Current Liabilities 4.39b) / Total Assets 16.09b

(B) 0.40 = Retained Earnings (Balance) 6.49b / Total Assets 16.09b

(D) 0.52 = Book Value of Equity 6.04b / Total Liabilities 11.64b

Total Rating: 2.98 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 55.32

1. Piotroski 4.0pt = -1.0

2. FCF Yield 6.67% = 3.33

3. FCF Margin 1.62% = 0.40

4. Debt/Equity 0.62 = 2.31

5. Debt/Ebitda 1.61 = 0.76

6. ROIC - WACC 2.92% = 3.65

7. RoE 12.79% = 1.07

8. Rev. Trend -13.31% = -0.67

9. Rev. CAGR -6.90% = -1.15

10. EPS Trend -35.59% = -0.89

11. EPS CAGR -48.64% = -2.50

What is the price of M shares?

As of August 30, 2025, the stock is trading at USD 13.23 with a total of 8,366,148 shares traded.
Over the past week, the price has changed by -2.58%, over one month by -0.60%, over three months by +12.53% and over the past year by -10.54%.

Is Macy’s a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Macy’s is currently (August 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 55.32 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of M is around 12.51 USD . This means that M is currently overvalued and has a potential downside of -5.44%.

Is M a buy, sell or hold?

Macy’s has received a consensus analysts rating of 3.15. Therefor, it is recommend to hold M.

Strong Buy: 2
Buy: 0
Hold: 10
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the M price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	13.5	1.7%
Analysts Target Price	13.5	1.7%
ValueRay Target Price	13.6	3.1%

Last update: 2025-08-25 04:41

M Fundamental Data Overview

Market Cap USD = 3.69b (3.69b USD * 1.0 USD.USD)
CCE Cash And Equivalents = 932.0m USD (last quarter)
P/E Trailing = 6.8586
P/E Forward = 8.6281
P/S = 0.1617
P/B = 0.8285
P/EG = 1.6586
Beta = 1.806
Revenue TTM = 22.80b USD
EBIT TTM = 845.0m USD
EBITDA TTM = 1.73b USD
Long Term Debt = 2.77b USD (from longTermDebt, last quarter)
Short Term Debt = 6.00m USD (from shortTermDebt, last quarter)
Debt = 2.78b USD (Calculated: Short Term 6.00m + Long Term 2.77b)
Net Debt = 4.73b USD (from netDebt column, last quarter)
Enterprise Value = 5.54b USD (3.69b + Debt 2.78b - CCE 932.0m)
Interest Coverage Ratio = 7.61 (Ebit TTM 845.0m / Interest Expense TTM 111.0m)
FCF Yield = 6.67% (FCF TTM 369.0m / Enterprise Value 5.54b)
FCF Margin = 1.62% (FCF TTM 369.0m / Revenue TTM 22.80b)
Net Margin = 2.45% (Net Income TTM 558.0m / Revenue TTM 22.80b)
Gross Margin = 40.40% ((Revenue TTM 22.80b - Cost of Revenue TTM 13.59b) / Revenue TTM)
Tobins Q-Ratio = 0.92 (Enterprise Value 5.54b / Book Value Of Equity 6.04b)
Interest Expense / Debt = 0.97% (Interest Expense 27.0m / Debt 2.78b)
Taxrate = 23.72% (from yearly Income Tax Expense: 181.0m / 763.0m)
NOPAT = 644.5m (EBIT 845.0m * (1 - 23.72%))
Current Ratio = 1.43 (Total Current Assets 6.29b / Total Current Liabilities 4.39b)
Debt / Equity = 0.62 (Debt 2.78b / last Quarter total Stockholder Equity 4.45b)
Debt / EBITDA = 1.61 (Net Debt 4.73b / EBITDA 1.73b)
Debt / FCF = 7.53 (Debt 2.78b / FCF TTM 369.0m)
Total Stockholder Equity = 4.36b (last 4 quarters mean)
RoA = 3.47% (Net Income 558.0m, Total Assets 16.09b )
RoE = 12.79% (Net Income TTM 558.0m / Total Stockholder Equity 4.36b)
RoCE = 11.84% (Ebit 845.0m / (Equity 4.36b + L.T.Debt 2.77b))
RoIC = 8.93% (NOPAT 644.5m / Invested Capital 7.22b)
WACC = 6.01% (E(3.69b)/V(6.47b) * Re(9.98%)) + (D(2.78b)/V(6.47b) * Rd(0.97%) * (1-Tc(0.24)))
Shares Correlation 5-Years: -20.0 | Cagr: -2.75%
Discount Rate = 9.98% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 70.75% ; FCFE base≈382.6m ; Y1≈366.9m ; Y5≈357.9m
Fair Price DCF = 17.08 (DCF Value 4.64b / Shares Outstanding 271.5m; 5y FCF grow -5.47% → 3.0% )
Revenue Correlation: -13.31 | Revenue CAGR: -6.90%
Rev Growth-of-Growth: 2.65
EPS Correlation: -35.59 | EPS CAGR: -48.64%
EPS Growth-of-Growth: 18.43

Additional Sources for M Stock

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