Designer Brands Inc. (DBI) vs Rocky Brands, Inc. (RCKY)

Designer Brands Inc. and Rocky Brands, Inc. are both Footwear & Accessories companies. Designer Brands Inc. and Rocky Brands, Inc. are of similar size ($334.7M and $324.1M). Rocky Brands, Inc. trades at the lower P/E: 11.7× against 21.9×. Rocky Brands, Inc. grew revenue faster over the last twelve months: 9.24% against −0.84%. Rocky Brands, Inc. has the higher net margin (5.72% vs 0.61%) and the lower return on invested capital (7.28% vs 9.58%). Both pay a dividend; Rocky Brands, Inc. yields more (2.27% vs 2.11%). Across the 22 metrics below, Rocky Brands, Inc. leads on 15 and Designer Brands Inc. on 7.

Valuation

Metric DBI RCKY Footwear & Accessories median
P/E 21.89 11.71 15.26
P/S 0.11 0.67 1.16
P/B 1.04 1.28 2.59
Price to free cash flow n/m 20.60 12.20
EV/EBITDA 4.25 8.29 8.91
EV/Sales 0.24 0.91 1.24
Earnings yield 4.57% 8.54% 6.11%
Free cash flow yield (27.30%) 4.85% 4.85%

Profitability

Metric DBI RCKY Footwear & Accessories median
Gross margin 45.77% 42.22% 49.76%
Operating margin 3.56% 8.84% 8.44%
Net margin 0.61% 5.72% 5.64%
Free cash flow margin 4.15% 3.25% 8.18%
Return on equity 6.10% 11.48% 12.45%
Return on assets 0.87% 6.01% 6.15%
Return on invested capital 9.58% 7.28% 9.58%

Growth

Metric DBI RCKY Footwear & Accessories median
Revenue growth (TTM) (0.84%) 9.24% 3.68%
EPS growth (last fiscal year) 15.00% 94.74% —
Revenue growth, 5-year CAGR 5.30% 11.69% 7.17%
Net income growth, 5-year CAGR 0.00% 1.22% 0.00%

Health

Metric DBI RCKY Footwear & Accessories median
Debt to equity 1.41 0.46 0.46
Current ratio 1.22 2.97 1.96
Net debt to EBITDA 3.59 2.51 1.00

Dividend

Metric DBI RCKY Footwear & Accessories median
Dividend yield 2.11% 2.27% 2.20%
Payout ratio 0.10 0.50 0.00

Size

Metric DBI RCKY Footwear & Accessories median
Market cap 324.13m 334.66m 614.40m

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