WallStSmart

Rocky Brands Inc (RCKY)vsSteven Madden Ltd (SHOO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Steven Madden Ltd generates 443% more annual revenue ($2.74B vs $505.02M). RCKY leads profitability with a 5.7% profit margin vs 5.2%. RCKY appears more attractively valued with a PEG of 1.17. RCKY earns a higher WallStSmart Score of 68/100 (B-).

RCKY

Strong Buy

68

out of 100

Grade: B-

Growth: 6.0Profit: 4.5Value: 6.0Quality: 8.0
Piotroski: 6/9Altman Z: 2.89

SHOO

Buy

61

out of 100

Grade: C+

Growth: 8.0Profit: 6.0Value: 6.7Quality: 7.0
Piotroski: 3/9Altman Z: 3.60
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

RCKYSignificantly Overvalued (-34.8%)

Margin of Safety

-34.8%

Fair Value

$24.34

Current Price

$44.19

$19.85 premium

UndervaluedFair: $24.34Overvalued
SHOOUndervalued (+58.9%)

Margin of Safety

+58.9%

Fair Value

$93.83

Current Price

$42.93

$50.90 discount

UndervaluedFair: $93.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

RCKY3 strengths · Avg: 10.0/10
P/E RatioValuation
11.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

EPS GrowthGrowth
281.3%10/10

Earnings expanding 281.3% YoY

SHOO3 strengths · Avg: 9.3/10
EPS GrowthGrowth
75.4%10/10

Earnings expanding 75.4% YoY

Altman Z-ScoreHealth
3.6010/10

Safe zone — low bankruptcy risk

Revenue GrowthGrowth
19.1%8/10

19.1% revenue growth

Areas to Watch

RCKY4 concerns · Avg: 3.0/10
Market CapQuality
$324.40M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
7.4%3/10

ROE of 7.4% — below average capital efficiency

Profit MarginProfitability
5.7%3/10

5.7% margin — thin

Operating MarginProfitability
2.4%3/10

Operating margin of 2.4%

SHOO3 concerns · Avg: 3.3/10
PEG RatioValuation
2.174/10

Expensive relative to growth rate

Profit MarginProfitability
5.2%3/10

5.2% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : RCKY

The strongest argument for RCKY centers on P/E Ratio, Price/Book, EPS Growth. Revenue growth of 12.0% demonstrates continued momentum. PEG of 1.17 suggests the stock is reasonably priced for its growth.

Bull Case : SHOO

The strongest argument for SHOO centers on EPS Growth, Altman Z-Score, Revenue Growth. Revenue growth of 19.1% demonstrates continued momentum.

Bear Case : RCKY

The primary concerns for RCKY are Market Cap, Return on Equity, Profit Margin.

Bear Case : SHOO

The primary concerns for SHOO are PEG Ratio, Profit Margin, Piotroski F-Score.

Key Dynamics to Monitor

RCKY profiles as a value stock while SHOO is a growth play — different risk/reward profiles.

RCKY carries more volatility with a beta of 2.36 — expect wider price swings.

SHOO is growing revenue faster at 19.1% — sustainability is the question.

SHOO generates stronger free cash flow (205M), providing more financial flexibility.

Bottom Line

RCKY scores higher overall (68/100 vs 61/100) and 12.0% revenue growth. SHOO offers better value entry with a 58.9% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Rocky Brands Inc

CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES · USA

Rocky Brands, Inc. designs, manufactures and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh and Michelin brands licensed in the United States, Canada and internationally. The company is headquartered in Nelsonville, Ohio.

Steven Madden Ltd

CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES · USA

Steven Madden, Ltd. designs, supplies, markets and sells private label and brand name footwear for women, men and children in the United States and internationally. The company is headquartered in Long Island City, New York.

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