Shoe Carnival is a footwear retailer in the United States, providing various dress, casual, and athletic footwear products for men, women, and children. The company was founded in 1978 and is based in Evansville, Indiana.
SCVL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SCVL, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Shoe Carnival Inc ranked in the 76th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 333.5%. The most interesting components of our discounted cash flow analysis for Shoe Carnival Inc ended up being:
SCVL's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 6.09% of tickers in our DCF set.
The weighted average cost of capital for the company is 6. This value is greater than just 12.06% stocks in the Consumer Cyclical sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DXLG, LBTYA, SBGI, CRTO, and GEF can be thought of as valuation peers to SCVL, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Shares of Shoe Carnival Inc. jumped 7% on Monday after the retailer said its online sales have risen more than 400% so far in the company's fiscal second quarter. Shoe Carnival also warned that margins likely will suffer due to shipping and other costs. As of Monday, the company has re-opened all but one of its 390 stores across the U.S., it said. Same-store sales are up 28.1% compared with the prior year, including a rise around 470% for e-commerce, the company said. "While the company is encouraged by the strong sales performance quarter-to-date, it does anticipate gross margin headwinds for the fiscal second quarter 2020" thanks to the increased shipping charges associated with the higher e-commerce sales, it said. As did other non-essential businesses, Shoe Carnival c...
Shoe Carnival (SCVL) declares $0.09/share quarterly dividend, 6% increase from prior dividend of $0.085.Forward yield 1.33%Payable July 20; for shareholders of record July 6; ex-div July 2.See SCVL Dividend Scorecard, Yield Chart, & Dividend Growth....