Deckers Outdoor Corporation (DECK) vs Steven Madden, Ltd. (SHOO)

Deckers Outdoor Corporation and Steven Madden, Ltd. are both Footwear & Accessories companies. Deckers Outdoor Corporation is the larger, with a market value of $10.7B against $3.3B — 3.2× the size. Deckers Outdoor Corporation trades at the lower P/E: 11.1× against 22.3×. Steven Madden, Ltd. grew revenue faster over the last twelve months: 18.2% against 7.85%. Deckers Outdoor Corporation has the higher net margin (18.4% vs 5.23%) and the higher return on invested capital (112.0% vs 12.8%). Across the 22 metrics below, Deckers Outdoor Corporation leads on 18 and Steven Madden, Ltd. on 4.

Valuation

Metric DECK SHOO Footwear & Accessories median
P/E 11.14 22.31 15.26
P/S 1.97 1.17 1.16
P/B 4.73 3.30 2.59
Price to free cash flow 9.94 14.45 12.20
EV/EBITDA 7.13 12.92 8.91
EV/Sales 1.71 1.19 1.24
Earnings yield 8.97% 4.48% 6.11%
Free cash flow yield 10.06% 6.92% 4.85%

Profitability

Metric DECK SHOO Footwear & Accessories median
Gross margin 57.80% 46.13% 49.76%
Operating margin 22.67% 7.50% 8.44%
Net margin 18.36% 5.23% 5.64%
Free cash flow margin 20.22% 8.18% 8.18%
Return on equity 42.56% 15.61% 12.45%
Return on assets 26.33% 7.68% 6.15%
Return on invested capital 112.01% 12.82% 9.58%

Growth

Metric DECK SHOO Footwear & Accessories median
Revenue growth (TTM) 7.85% 18.15% 3.68%
EPS growth (last fiscal year) 10.90% (73.19%) —
Revenue growth, 5-year CAGR 16.54% 16.09% 7.17%
Net income growth, 5-year CAGR 21.77% 0.00% 0.00%

Health

Metric DECK SHOO Footwear & Accessories median
Debt to equity 0.00 0.13 0.46
Current ratio 2.75 1.91 1.96
Net debt to EBITDA (1.42) 1.00 1.00

Dividend

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

Size

Metric DECK SHOO Footwear & Accessories median
Market cap 10.69b 3.29b 614.40m

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