SHOO - Steven Madden, Ltd.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$52.00
DETAILS
HIGH:
$56.00
LOW:
$45.00
MEDIAN:
$53.50
CONSENSUS:
$52.00
UPSIDE:
20.43%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
80% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
22.4x
2.34$
Key Value Driver
Normalized P/E multiple (22x base case)
Implied Market Multiple
18.5x
Plain-Language Summary
Applying a 22x P/E to adjusted EPS of $2.34, the base-case value is $52.37 per share. DDM cross-check: $13.10.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (31 analysts)
$52.00
Analyst Range
$45.00 – $56.00
Divergence from AlphaVal
1%
Warnings
The company's reported profits differ from official accounting profits by 271%. Check what costs are being left out of the adjusted number.
The company pays out 133% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.
Dividend-based valuation: $13.10 (below our primary estimate by 75%). Large gaps may signal the dividend doesn't reflect full earning power.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples