Fossil Group, Inc. (FOSL) vs Steven Madden, Ltd. (SHOO)

Fossil Group, Inc. and Steven Madden, Ltd. are both Footwear & Accessories companies. Steven Madden, Ltd. is the larger, with a market value of $3.3B against $337.7M — 9.7× the size. Fossil Group, Inc. has negative trailing earnings, so its P/E is not meaningful; Steven Madden, Ltd. trades at 22.3×. Steven Madden, Ltd. grew revenue faster over the last twelve months: 18.2% against −9.10%. Steven Madden, Ltd. has the higher net margin (5.23% vs −7.09%) and the higher return on invested capital (12.8% vs −1.76%). Across the 19 metrics below, Steven Madden, Ltd. leads on 14 and Fossil Group, Inc. on 5.

Valuation

Metric FOSL SHOO Footwear & Accessories median
P/E n/m 22.31 15.26
P/S 0.37 1.17 1.16
P/B 4.95 3.30 2.59
Price to free cash flow n/m 14.45 12.20
EV/EBITDA 83.71 12.92 8.91
EV/Sales 0.50 1.19 1.24
Earnings yield (20.67%) 4.48% 6.11%
Free cash flow yield (10.15%) 6.92% 4.85%

Profitability

Metric FOSL SHOO Footwear & Accessories median
Gross margin 56.73% 46.13% 49.76%
Operating margin (0.57%) 7.50% 8.44%
Net margin (7.09%) 5.23% 5.64%
Free cash flow margin (3.77%) 8.18% 8.18%
Return on equity (67.21%) 15.61% 12.45%
Return on assets (10.29%) 7.68% 6.15%
Return on invested capital (1.76%) 12.82% 9.58%

Growth

Metric FOSL SHOO Footwear & Accessories median
Revenue growth (TTM) (9.10%) 18.15% 3.68%
EPS growth (last fiscal year) 25.26% (73.19%) —
Revenue growth, 5-year CAGR (9.04%) 16.09% 7.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FOSL SHOO Footwear & Accessories median
Debt to equity 2.74 0.13 0.46
Current ratio 1.76 1.91 1.96
Net debt to EBITDA (13.61) 1.00 1.00

Dividend

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

Size

Metric FOSL SHOO Footwear & Accessories median
Market cap 337.68m 3.29b 614.40m

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