Stitch Fix, Inc. (SFIX) vs Shoe Station Group Inc. (SHOE)

Stitch Fix, Inc. and Shoe Station Group Inc. are both Apparel Retail companies. Shoe Station Group Inc. is the larger, with a market value of $359.4M against $293.6M — 1.2× the size. Stitch Fix, Inc. has negative trailing earnings, so its P/E is not meaningful; Shoe Station Group Inc. trades at 14.7×. Stitch Fix, Inc. grew revenue faster over the last twelve months: 4.66% against −4.13%. Shoe Station Group Inc. has the higher net margin (2.20% vs −1.43%) and the higher return on invested capital (3.57% vs −121.7%). Across the 19 metrics below, Shoe Station Group Inc. leads on 14 and Stitch Fix, Inc. on 5.

Valuation

Metric SFIX SHOE Apparel Retail median
P/E n/m 14.65 12.56
P/S 0.22 0.32 0.35
P/B 1.45 0.52 1.57
Price to free cash flow 16.03 5.32 11.15
EV/EBITDA n/m 8.06 7.42
EV/Sales 0.08 0.48 0.51
Earnings yield (6.74%) 6.83% 5.76%
Free cash flow yield 6.24% 18.79% 4.34%

Profitability

Metric SFIX SHOE Apparel Retail median
Gross margin 43.66% 34.47% 41.90%
Operating margin (2.14%) 2.82% 2.50%
Net margin (1.43%) 2.20% 3.41%
Free cash flow margin 1.37% 6.02% 2.86%
Return on equity (9.51%) 3.61% 7.71%
Return on assets (3.86%) 2.09% 2.85%
Return on invested capital (121.72%) 3.57% 6.41%

Growth

Metric SFIX SHOE Apparel Retail median
Revenue growth (TTM) 4.66% (4.13%) 4.14%
EPS growth (last fiscal year) 79.14% (29.10%) —
Revenue growth, 5-year CAGR (5.84%) 3.05% 5.92%
Net income growth, 5-year CAGR 0.00% 26.73% 0.00%

Health

Metric SFIX SHOE Apparel Retail median
Debt to equity 0.00 0.00 0.01
Current ratio 1.50 4.04 1.54
Net debt to EBITDA 18.38 (1.29) (0.29)

Dividend

Metric SFIX SHOE Apparel Retail median
Dividend yield — 1.60% 2.94%
Payout ratio 0.00 0.12 0.00

Size

Metric SFIX SHOE Apparel Retail median
Market cap 293.59m 359.37m 358.41m

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