Designer Brands Inc. (DBI) vs Steven Madden, Ltd. (SHOO)

Designer Brands Inc. and Steven Madden, Ltd. are both Footwear & Accessories companies. Steven Madden, Ltd. is the larger, with a market value of $3.3B against $324.1M — 10.2× the size. Designer Brands Inc. trades at the lower P/E: 21.9× against 22.3×. Steven Madden, Ltd. grew revenue faster over the last twelve months: 18.2% against −0.84%. Steven Madden, Ltd. has the higher net margin (5.23% vs 0.61%) and the higher return on invested capital (12.8% vs 9.58%). Both pay a dividend; Steven Madden, Ltd. yields more (2.12% vs 2.11%). Across the 21 metrics below, Steven Madden, Ltd. leads on 14 and Designer Brands Inc. on 7.

Valuation

Metric DBI SHOO Footwear & Accessories median
P/E 21.89 22.31 15.26
P/S 0.11 1.17 1.16
P/B 1.04 3.30 2.59
Price to free cash flow n/m 14.45 12.20
EV/EBITDA 4.25 12.92 8.91
EV/Sales 0.24 1.19 1.24
Earnings yield 4.57% 4.48% 6.11%
Free cash flow yield (27.30%) 6.92% 4.85%

Profitability

Metric DBI SHOO Footwear & Accessories median
Gross margin 45.77% 46.13% 49.76%
Operating margin 3.56% 7.50% 8.44%
Net margin 0.61% 5.23% 5.64%
Free cash flow margin 4.15% 8.18% 8.18%
Return on equity 6.10% 15.61% 12.45%
Return on assets 0.87% 7.68% 6.15%
Return on invested capital 9.58% 12.82% 9.58%

Growth

Metric DBI SHOO Footwear & Accessories median
Revenue growth (TTM) (0.84%) 18.15% 3.68%
EPS growth (last fiscal year) 15.00% (73.19%) —
Revenue growth, 5-year CAGR 5.30% 16.09% 7.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DBI SHOO Footwear & Accessories median
Debt to equity 1.41 0.13 0.46
Current ratio 1.22 1.91 1.96
Net debt to EBITDA 3.59 1.00 1.00

Dividend

Metric DBI SHOO Footwear & Accessories median
Dividend yield 2.11% 2.12% 2.20%
Payout ratio 0.10 0.39 0.00

Size

Metric DBI SHOO Footwear & Accessories median
Market cap 324.13m 3.29b 614.40m

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