Vera Bradley, Inc. (VRA) vs Wolverine World Wide, Inc. (WWW)

Vera Bradley, Inc. and Wolverine World Wide, Inc. are both Footwear & Accessories companies. Wolverine World Wide, Inc. is the larger, with a market value of $1.6B against $116.8M — 13.5× the size. Vera Bradley, Inc. has negative trailing earnings, so its P/E is not meaningful; Wolverine World Wide, Inc. trades at 14.8×. Wolverine World Wide, Inc. grew revenue faster over the last twelve months: 7.16% against −1.74%. Wolverine World Wide, Inc. has the higher net margin (5.55% vs −3.66%) and the higher return on invested capital (12.4% vs −6.33%). Across the 20 metrics below, Wolverine World Wide, Inc. leads on 12 and Vera Bradley, Inc. on 8.

Valuation

Metric VRA WWW Footwear & Accessories median
P/E n/m 14.78 15.26
P/S 0.42 0.80 1.16
P/B 0.87 3.34 2.59
Price to free cash flow 3.92 3.58 12.20
EV/EBITDA 6.37 10.14 8.91
EV/Sales 0.40 1.01 1.24
Earnings yield (8.74%) 6.76% 6.11%
Free cash flow yield 25.50% 27.94% 4.85%

Profitability

Metric VRA WWW Footwear & Accessories median
Gross margin 50.43% 47.12% 49.76%
Operating margin (3.62%) 8.69% 8.44%
Net margin (3.66%) 5.55% 5.64%
Free cash flow margin 10.69% 8.97% 8.18%
Return on equity (7.36%) 26.03% 12.45%
Return on assets (3.97%) 6.15% 6.15%
Return on invested capital (6.33%) 12.38% 9.58%

Growth

Metric VRA WWW Footwear & Accessories median
Revenue growth (TTM) (1.74%) 7.16% 3.68%
EPS growth (last fiscal year) 20.47% 96.55% —
Revenue growth, 5-year CAGR (10.45%) 0.91% 7.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric VRA WWW Footwear & Accessories median
Debt to equity 0.00 1.17 0.46
Current ratio 2.44 1.55 1.96
Net debt to EBITDA 4.72 1.93 1.00

Dividend

Metric VRA WWW Footwear & Accessories median
Dividend yield — 4.72% 2.20%
Payout ratio 0.00 0.21 0.00

Size

Metric VRA WWW Footwear & Accessories median
Market cap 116.76m 1.58b 614.40m

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