Shoe Carnival Financials

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Shoe Carnival Stock Summary

Shoe Carnival competes with Citi Trends, Zumiez, Buckle, Cato, and Genesco. Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States. Shoe Carnival, Inc. was founded in 1978 and is headquartered in Evansville, Indiana. Shoe Carnival operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 2600 people.

Shoe Carnival Key Financial Ratios

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Shoe Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Shoe Carnival's current stock value. Our valuation model uses many indicators to compare Shoe Carnival value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shoe Carnival competition to find correlations between indicators driving Shoe Carnival's intrinsic value. More Info.Shoe Carnival is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.46  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shoe Carnival is roughly  2.16 . At this time, Shoe Carnival's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Shoe Carnival by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Shoe Carnival Systematic Risk

Today, most investors in Shoe Carnival Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Shoe Carnival's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Shoe Carnival growth as a starting point in their analysis.

Along with financial statement analysis, the daily predictive indicators of Shoe Carnival help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shoe Carnival. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shoe Carnival based on widely used predictive technical indicators. In general, we focus on analyzing Shoe Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shoe Carnival's daily price indicators and compare them against related drivers.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoe Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shoe Carnival. If investors know Shoe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shoe Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Shoe Carnival is measured differently than its book value, which is the value of Shoe that is recorded on the company's balance sheet. Investors also form their own opinion of Shoe Carnival's value that differs from its market value or its book value, called intrinsic value, which is Shoe Carnival's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shoe Carnival's market value can be influenced by many factors that don't directly affect Shoe Carnival's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Shoe Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shoe Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoe Carnival's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.