Latest Ratios: P/E Ratio 8.0x · EV/EBITDA 6.6x · ROE 7.8%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $415M | $525M | $745M | $720M | $766M | $945M | $670M | $527M | $572M | $361M | $456M |
| Enterprise Value | $670M | $779M | $1.0B | $976M | $1.1B | $1.1B | $795M | $702M | $505M | $313M | $393M |
| P/E Ratio → | 7.96 | 10.03 | 10.10 | 9.81 | 6.96 | 6.10 | 41.96 | 12.28 | 15.00 | 19.53 | 19.77 |
| P/S Ratio | 0.37 | 0.46 | 0.62 | 0.61 | 0.61 | 0.71 | 0.69 | 0.51 | 0.56 | 0.35 | 0.46 |
| P/B Ratio | 0.60 | 0.76 | 1.15 | 1.23 | 1.46 | 2.09 | 2.16 | 1.77 | 1.88 | 1.18 | 1.43 |
| P/FCF | 15.62 | 19.74 | 10.72 | 10.83 | — | 8.11 | 13.13 | 10.87 | 8.57 | 17.45 | 10.87 |
| P/OCF | 5.83 | 7.36 | 7.26 | 5.87 | 15.20 | 6.39 | 10.56 | 7.87 | 7.71 | 8.95 | 7.15 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.69 | 0.83 | 0.83 | 0.84 | 0.81 | 0.81 | 0.68 | 0.49 | 0.31 | 0.39 |
| EV / EBITDA | 6.62 | 7.71 | 8.22 | 7.84 | 4.87 | 3.99 | 9.93 | 6.19 | 7.05 | 5.09 | 6.38 |
| EV / EBIT | 10.03 | 11.68 | 10.27 | 10.12 | 7.18 | 5.17 | 36.18 | 12.78 | 10.15 | 8.30 | 10.36 |
| EV / FCF | — | 29.31 | 14.45 | 14.68 | — | 9.22 | 15.58 | 14.49 | 7.57 | 15.12 | 9.37 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.6% | 36.6% | 35.6% | 35.9% | 37.1% | 39.6% | 28.7% | 30.1% | 30.0% | 29.1% | 28.9% |
| Operating Margin | 5.9% | 5.9% | 7.6% | 8.1% | 11.6% | 15.6% | 2.2% | 5.2% | 4.8% | 3.7% | 3.8% |
| Net Profit Margin | 4.6% | 4.6% | 6.1% | 6.2% | 8.7% | 11.6% | 1.6% | 4.1% | 3.7% | 1.9% | 2.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.8% | 7.8% | 12.0% | 13.2% | 22.5% | 40.6% | 5.3% | 14.3% | 12.5% | 6.0% | 7.1% |
| ROA | 4.5% | 4.5% | 6.8% | 7.2% | 12.2% | 21.3% | 2.5% | 8.2% | 9.1% | 4.3% | 5.0% |
| ROIC | 5.4% | 5.4% | 7.8% | 8.7% | 15.7% | 30.6% | 3.6% | 11.5% | 15.0% | 11.0% | 10.8% |
| ROCE | 6.6% | 6.6% | 9.6% | 10.9% | 19.6% | 35.5% | 4.3% | 12.7% | 14.1% | 10.3% | 9.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.54 | 0.54 | 0.57 | 0.61 | 0.65 | 0.54 | 0.75 | 0.80 | — | — | — |
| Debt / EBITDA | 3.67 | 3.67 | 3.01 | 2.85 | 1.58 | 0.91 | 2.89 | 2.09 | — | — | — |
| Net Debt / Equity | — | 0.37 | 0.40 | 0.44 | 0.56 | 0.28 | 0.40 | 0.59 | -0.22 | -0.16 | -0.20 |
| Net Debt / EBITDA | 2.52 | 2.52 | 2.12 | 2.05 | 1.34 | 0.48 | 1.56 | 1.55 | -0.94 | -0.78 | -1.02 |
| Debt / FCF | — | 9.57 | 3.73 | 3.84 | — | 1.11 | 2.45 | 3.62 | -1.00 | -2.33 | -1.50 |
| Interest Coverage | 178.91 | 178.91 | 311.46 | 341.92 | 501.41 | 434.47 | 53.31 | 287.64 | 331.73 | 129.13 | 224.37 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.76 | 3.76 | 4.11 | 3.76 | 2.99 | 2.88 | 2.71 | 2.69 | 4.77 | 5.65 | 4.08 |
| Quick Ratio | 0.99 | 0.99 | 1.15 | 1.05 | 0.50 | 1.02 | 0.93 | 0.57 | 1.13 | 1.06 | 0.84 |
| Cash Ratio | 0.83 | 0.83 | 0.94 | 0.87 | 0.40 | 0.86 | 0.81 | 0.51 | 0.95 | 0.85 | 0.73 |
| Asset Turnover | — | 0.94 | 1.07 | 1.13 | 1.28 | 1.64 | 1.52 | 1.65 | 2.46 | 2.45 | 2.18 |
| Inventory Turnover | 1.64 | 1.64 | 2.01 | 2.18 | 2.03 | 2.82 | 2.99 | 2.79 | 2.80 | 2.77 | 2.55 |
| Days Sales Outstanding | — | 2.05 | 2.74 | 0.80 | 0.88 | 3.88 | 2.65 | 0.96 | 0.43 | 2.25 | 1.61 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.0% | 3.2% | 2.0% | 1.7% | 1.3% | 0.8% | 0.8% | 1.1% | 0.8% | 1.3% | 1.1% |
| Payout Ratio | 32.0% | 32.0% | 19.9% | 16.6% | 9.1% | 5.2% | 32.1% | 13.2% | 12.5% | 25.5% | 21.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 12.6% | 10.0% | 9.9% | 10.2% | 14.4% | 16.4% | 2.4% | 8.1% | 6.7% | 5.1% | 5.1% |
| FCF Yield | 6.4% | 5.1% | 9.3% | 9.2% | — | 12.3% | 7.6% | 9.2% | 11.7% | 5.7% | 9.2% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.8% | 4.0% | 0.8% | 0.0% | 7.2% | 8.1% | 8.2% | 9.3% |
| Total Shareholder Yield | 4.0% | 3.2% | 2.0% | 2.4% | 5.3% | 1.6% | 0.8% | 8.2% | 8.9% | 9.6% | 10.4% |
| Shares Outstanding | — | $28M | $28M | $27M | $28M | $29M | $28M | $29M | $31M | $32M | $36M |
Inventory Turnover and Margin
According to current market data, SCVL trades at a forward P/E of 8.39, a valuation multiple that suggests investors are pricing in significant long-term stagnation rather than the potential for a successful turnaround through the recent Shoe Station acquisition and loyalty program expansion.
The current P/S ratio of 0.39 indicates that the market is heavily discounting the company's revenue base compared to broader retail peers. This valuation appears to imply that the market expects continued deleveraging of fixed costs, warranting further investigation into whether the current price provides a sufficient margin of safety for a value-oriented investor.
As reported in financial statements, SCVL's ROIC has trended downward to -0.5% in 2026Q1, a sharp reversal from historical levels that suggests the company is currently struggling to generate returns above its cost of capital amidst a challenging retail environment.
The decline in ROIC appears driven by both margin compression and a slowdown in asset turnover, indicating that capital deployed into store renovations and the Shoe Station integration has yet to yield accretive returns. Investors should monitor whether this decay is a temporary cyclical trough or a structural shift in the company's ability to compound capital.
Based on quarterly data, SCVL's days inventory outstanding (DIO) has climbed to 216 days in 2026Q1, a significant increase from historical norms that suggests the 'carnival' promotional model is currently failing to clear seasonal stock with the necessary velocity to maintain efficient working capital cycles.
The lengthening cash conversion cycle, now at 182 days, indicates that the company is increasingly reliant on its balance sheet to carry unsold inventory. This trend warrants further investigation into whether the current inventory mix is misaligned with consumer demand or if the company is facing increased competition from digital-first retailers.
As noted in industry research, the P/E ratio is frequently misapplied to SCVL, as it obscures the significant impact of off-balance sheet lease obligations that effectively function as debt and distort the true enterprise value of the company's retail footprint.
Analysts should instead focus on EV/EBITDAR to better account for the fixed-cost nature of store leases, which are a critical component of the company's operational structure. Relying solely on P/E ignores the leverage inherent in the lease portfolio, potentially leading to an inaccurate assessment of the company's true financial risk profile.
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SCVL stock.
Shoe Carnival, Inc.'s current P/E ratio is 8.0x. The historical average is 14.9x. This places it at the 7th percentile of its historical range.
Shoe Carnival, Inc.'s current EV/EBITDA is 6.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.0x.
Shoe Carnival, Inc.'s return on equity (ROE) is 7.8%. The historical average is 11.1%.
Based on historical data, Shoe Carnival, Inc. is trading at a P/E of 8.0x. This is at the 7th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Shoe Carnival, Inc.'s current dividend yield is 4.02% with a payout ratio of 32.0%.
Shoe Carnival, Inc. has 36.6% gross margin and 5.9% operating margin.
Shoe Carnival, Inc.'s Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.