Crocs, Inc. (CROX) vs Steven Madden, Ltd. (SHOO)

Crocs, Inc. and Steven Madden, Ltd. are both Footwear & Accessories companies. Crocs, Inc. is the larger, with a market value of $5.9B against $3.3B — 1.8× the size. Crocs, Inc. trades at the lower P/E: 10.8× against 22.3×. Steven Madden, Ltd. grew revenue faster over the last twelve months: 18.2% against −2.03%. Crocs, Inc. has the higher net margin (14.6% vs 5.23%) and the higher return on invested capital (20.8% vs 12.8%). Across the 21 metrics below, Crocs, Inc. leads on 13 and Steven Madden, Ltd. on 8.

Valuation

Metric CROX SHOO Footwear & Accessories median
P/E 10.80 22.31 15.26
P/S 1.53 1.17 1.16
P/B 4.47 3.30 2.59
Price to free cash flow 8.89 14.45 12.20
EV/EBITDA 7.96 12.92 8.91
EV/Sales 1.81 1.19 1.24
Earnings yield 9.26% 4.48% 6.11%
Free cash flow yield 11.25% 6.92% 4.85%

Profitability

Metric CROX SHOO Footwear & Accessories median
Gross margin 57.47% 46.13% 49.76%
Operating margin 20.73% 7.50% 8.44%
Net margin 14.63% 5.23% 5.64%
Free cash flow margin 17.38% 8.18% 8.18%
Return on equity 42.30% 15.61% 12.45%
Return on assets 13.48% 7.68% 6.15%
Return on invested capital 20.83% 12.82% 9.58%

Growth

Metric CROX SHOO Footwear & Accessories median
Revenue growth (TTM) (2.03%) 18.15% 3.68%
EPS growth (last fiscal year) (109.45%) (73.19%) —
Revenue growth, 5-year CAGR 23.86% 16.09% 7.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CROX SHOO Footwear & Accessories median
Debt to equity 0.94 0.13 0.46
Current ratio 1.49 1.91 1.96
Net debt to EBITDA 4.81 1.00 1.00

Dividend

Metric CROX SHOO Footwear & Accessories median
Dividend yield — 2.12% 2.20%
Payout ratio 0.00 0.39 0.00

Size

Metric CROX SHOO Footwear & Accessories median
Market cap 5.92b 3.29b 614.40m

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