Shoe Station Group Inc. (SHOE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+129.4%

$33.72

vs $14.70 price

Levered DCF

$14.04

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.93

Grey zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	9.98×	9.95×	9.77×	6.89×	6.02×	41.23×	12.03×	14.64×
P/B	0.75×	1.13×	1.23×	1.44×	2.06×	2.13×	1.74×	1.83×
P/S	0.46×	0.61×	0.61×	0.6×	0.7×	0.68×	0.5×	0.54×
EV / EBITDA	7.37×	7.71×	7.75×	6.16×	4.69×	20.64×	9.64×	6.78×
Gross margin	36.3%	35.6%	35.9%	37.1%	39.6%	28.7%	30.1%	30.0%
Operating margin	5.9%	7.6%	8.1%	11.6%	15.6%	2.2%	5.2%	4.8%
Net margin	4.6%	6.1%	6.2%	8.7%	11.6%	1.6%	4.1%	3.7%
Current ratio	3.76×	4.11×	3.76×	2.99×	2.88×	2.71×	2.69×	4.77×
Debt / equity	0.54×	0.57×	0.61×	0.65×	0.54×	0.75×	0.8×	0×
Interest coverage	178.91×	290.29×	338.94×	498.11×	434.42×	53.07×	283.82×	331.73×
Dividend yield	3.2%	2.0%	1.7%	1.3%	0.9%	0.8%	1.1%	0.9%
Payout ratio	32.0%	19.9%	16.6%	9.1%	5.2%	32.1%	13.2%	12.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.6%	11.4%	12.6%	20.9%	34.2%	5.2%	14.4%	12.5%
Return on invested capital	4.5%	6.6%	7.5%	12.3%	21.9%	2.9%	7.7%	10.9%
Return on assets	4.3%	6.6%	7.0%	11.1%	19.1%	2.5%	6.8%	9.1%
Free cash flow yield	5.1%	9.5%	9.3%	-3.5%	12.5%	7.7%	9.4%	12.0%
Earnings yield	10.0%	10.0%	10.2%	14.5%	16.6%	2.4%	8.3%	6.8%
Enterprise value	$775M	$994.2M	$971M	$1.1B	$1.1B	$786M	$692.7M	$490.6M
Net debt / EBITDA	2.42×	2.01×	2.04×	1.71×	0.57×	3.28×	2.44×	-0.93×
Cash conversion cycle (days)	184	160	140	144	102	95	101	106