Shoe Carnival
Market Cap
US$496.2m
Last Updated
2020/02/24 00:39 UTC
Data Sources
Company Financials +
Executive Summary
Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States.
Rewards
Risk Analysis
No risks detected for SCVL from our risk checks.
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Shoe Carnival's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SCVL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.2%
SCVL
0.9%
US Specialty Retail
-1.1%
US Market
1 Year Return
-6.4%
SCVL
18.7%
US Specialty Retail
17.8%
US Market
Return vs Industry: SCVL underperformed the US Specialty Retail industry which returned 18.7% over the past year.
Return vs Market: SCVL underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| SCVL | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | 0.9% | -1.1% |
| 30 Day | -6.0% | 2.7% | 1.5% |
| 90 Day | -5.3% | 3.6% | 6.6% |
| 1 Year | -5.4%-6.4% | 20.5%18.7% | 20.2%17.8% |
| 3 Year | 40.5%35.9% | 44.2%37.3% | 47.5%38.1% |
| 5 Year | 48.9%41.2% | 46.9%35.1% | 71.2%52.4% |
Price Volatility Vs. Market
How volatile is Shoe Carnival's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is Shoe Carnival, Inc.'s (NASDAQ:SCVL) P/E Ratio Really That Good?2 weeks ago | Simply Wall St
Here's Why I Think Shoe Carnival (NASDAQ:SCVL) Might Deserve Your Attention Today1 month ago | Simply Wall St
How Does Investing In Shoe Carnival, Inc. (NASDAQ:SCVL) Impact The Volatility Of Your Portfolio?Valuation
Is Shoe Carnival undervalued compared to its fair value and its price relative to the market?
12.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SCVL ($34.96) is trading above our estimate of fair value ($32.19)
Significantly Below Fair Value: SCVL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SCVL is good value based on its PE Ratio (12.5x) compared to the Specialty Retail industry average (16.9x).
PE vs Market: SCVL is good value based on its PE Ratio (12.5x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: SCVL is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: SCVL is overvalued based on its PB Ratio (1.6x) compared to the US Specialty Retail industry average (1.5x).
Next Steps
Future Growth
How is Shoe Carnival forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
7.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCVL's forecast earnings growth (7.1% per year) is above the savings rate (1.7%).
Earnings vs Market: SCVL's earnings (7.1% per year) are forecast to grow slower than the US market (14.1% per year).
High Growth Earnings: SCVL's earnings are forecast to grow, but not significantly.
Revenue vs Market: SCVL's revenue (3.7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: SCVL's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SCVL's Return on Equity is forecast to be low in 3 years time (10.6%).
Next Steps
Past Performance
How has Shoe Carnival performed over the past 5 years?
8.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCVL has high quality earnings.
Growing Profit Margin: SCVL's current net profit margins (3.9%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: SCVL's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: SCVL's earnings growth over the past year (24.2%) exceeds its 5-year average (8.5% per year).
Earnings vs Industry: SCVL earnings growth over the past year (24.2%) exceeded the Specialty Retail industry 7.9%.
Return on Equity
High ROE: SCVL's Return on Equity (13.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Shoe Carnival's financial position?
Financial Position Analysis
Short Term Liabilities: SCVL's short term assets ($345.0M) exceed its short term liabilities ($130.6M).
Long Term Liabilities: SCVL's short term assets ($345.0M) exceed its long term liabilities ($216.3M).
Debt to Equity History and Analysis
Debt Level: SCVL is debt free.
Reducing Debt: SCVL had no debt 5 years ago.
Debt Coverage: SCVL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SCVL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: SCVL has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SCVL's debt is covered by short term assets.
Next Steps
Dividend
What is Shoe Carnival's current dividend yield, its reliability and sustainability?
0.97%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SCVL's dividend (0.97%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SCVL's dividend (0.97%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SCVL has been paying a dividend for less than 10 years.
Growing Dividend: SCVL's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.8%), SCVL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
Cliff Sifford (65yo)
7.3yrs
Tenure
US$2,583,675
Compensation
Mr. Clifton E. Sifford serves as the Vice Chairman of Shoe Carnival Inc. since September 2019 and has been the its Chief Executive Officer since October 27, 2012. He had served as President of Shoe Carniva ...
CEO Compensation Analysis
Compensation vs Market: Cliff's total compensation ($USD2.58M) is above average for companies of similar size in the US market ($USD1.67M).
Compensation vs Earnings: Cliff's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & CEO | 7.3yrs | US$2.58m | 1.21% $6.0m | |
| President & Chief Customer Officer | 0.4yrs | US$1.37m | 0.034% $167.3k | |
| Senior EVP | 23.4yrs | US$1.59m | 0.64% $3.2m | |
| Executive VP & Chief Retail Operations Officer | 18.7yrs | US$1.43m | 0.65% $3.2m | |
| Executive VP & Chief Merchandising Officer | 3.9yrs | US$1.40m | 0.36% $1.8m | |
| Chief Information Officer & Senior VP | 0yrs | no data | no data | |
| Vice President of Administration & Business Development | 0yrs | no data | no data | |
| Vice President of Marketing | 0yrs | no data | no data | |
| Senior VP of Human Resources | 0yrs | no data | no data | |
| Senior Vice President of Store Administration & Development | 0.8yrs | no data | no data |
5.6yrs
Average Tenure
60yo
Average Age
Experienced Management: SCVL's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & CEO | 7.3yrs | US$2.58m | 1.21% $6.0m | |
| Lead Director | 0yrs | US$172.81k | 0.095% $469.6k | |
| Independent Director | 7.7yrs | US$142.81k | 0.11% $541.1k | |
| Chairman | 31.9yrs | US$300.00k | 35.23% $174.8m | |
| Independent Director | 7.9yrs | US$152.81k | 0.11% $541.1k | |
| Independent Director | 4.4yrs | US$137.81k | 0.055% $272.1k | |
| Independent Director | 2.4yrs | US$137.81k | 0.092% $455.9k | |
| Independent Director | 4.4yrs | US$140.31k | 0.072% $356.0k |
4.4yrs
Average Tenure
69yo
Average Age
Experienced Board: SCVL's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SCVL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Shoe Carnival, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shoe Carnival, Inc.
- Ticker: SCVL
- Exchange: NasdaqGS
- Founded: 1978
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: US$496.196m
- Shares outstanding: 14.19m
- Website: https://www.shoecarnival.com
Number of Employees
Location
- Shoe Carnival, Inc.
- 7500 East Columbia Street
- Evansville
- Indiana
- 47715
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SCVL | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Mar 1993 |
Biography
Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers various dress, casual, and athletic footwear products for men, women, and children; and accessories, such as socks, belts, shoe care items, handbags, sport bags, backpacks, scarves, and wallets. As of February 2, 2019, it operated 397 stores in 35 states and Puerto Rico. The company also sells its products through online shopping at shoecarnival.com. Shoe Carnival, Inc. was founded in 1978 and is based in Evansville, Indiana.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/24 00:39 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/11/02 |
| Annual Earnings | 2019/02/02 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.