Macy's Inc

WBO : MACY
USA·Consumer Cyclical·Retail - Cyclical
€18.09
+0.19 (+1.06%)latest daily quote
Market Cap
€4.76B
Enterprise Value
€8.03B
P/E (TTM)
8.09
P/B
1.17
Net Cash / (Debt)
−€3.32B
52-Week Range
—
5-Year Range
—
Avg Volume (3M)
1.42K

Macy's operates roughly 430 department stores under its own name, plus about 60 Bloomingdale's locations and 170 Bluemercury beauty stores across the US, along with e-commerce sites for each brand. It sells clothing, shoes, accessories, cosmetics, and home goods to general consumers, with women's apparel and related categories making up nearly two-thirds of sales. Revenue comes from direct retail sales in-store and online, with a small licensing component for Bloomingdale's-branded stores in the Middle East.

Employees90,134IPOMay 7, 2018SIC5311HQ151 West 34th Street, New York, NY, USA, 10001
to

Financials (EUR)

Profitability

Metric
Current
Margins
Gross Margin
40.7%
Operating Margin
4.3%
EBITDA Margin
8.6%
Net Margin
3.3%
OCF Margin
7.7%
FCF Margin
4.5%
Returns on Capital
ROE
16.0%
ROA
4.6%
ROIC
6.9%
ROCE
9.4%
ROC (Greenblatt)
13.7%
3Y ROIIC
76.2%
Consistency
Years Profitable / 10Y
9

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
8.09
Forward P/E
9.21
P/E ex-NRI
8.73
Shiller P/E (CAPE)
14.15
Cash Flow Multiples
P/FCF
5.82
P/OCF
3.43
P/Owner Earnings
10.08
FCF Yield
18.03%
Enterprise Value Multiples
EV / EBIT
8.85
EV / Forward EBIT
10.12
EV / EBITDA
4.90
EV / Forward EBITDA
5.18
EV / Revenue
0.42
EV / Forward Revenue
0.42
Asset / Sales
P/S
0.27
P/B
1.17
P/Tangible Book
1.57
Growth-Adjusted
PEG
—

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
3.56%
Forward Dividend Yield
3.64%
3Y Dividend Growth
5.0%
Payout Ratio
0.30
5Y Yield on Cost
8.21%
Buybacks & Dilution
3Y Buyback Ratio
1.00%
Combined
Shareholder Yield
15.75%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
1.03
Gross Debt / EBITDA
2.61
Cash / Debt
0.25
Equity / Assets
0.31
Coverage
Interest Coverage
10.48
Short-Term Liquidity
Current Ratio
1.59
Quick Ratio
0.48
Cash Ratio
0.32
Composite Scores
Piotroski F-Score
9
Altman Z-Score
2.18

5-Step DuPont Analysis

ROE %
15.82%
Net Margin %
3.29%
Operating Margin %
4.27%
Operating Income
€836M
÷
Revenue
€19.57B
×
Tax Burden
0.7600
Net Income
€643M
÷
Pretax Income
€846M
×
Interest Burden
1.0120
Pretax Income
€846M
÷
Operating Income
€836M
×
Asset Turnover
1.44
Revenue
€19.57B
÷
Average Total Assets
€13.54B
Begin Total Assets
€13.33B
End Total Assets
€13.76B
×
Equity Multiplier
3.33
Avg Total Assets
€13.54B
÷
Avg Stockholders Equity
€4.06B
Begin Equity
€3.81B
End Equity
€4.31B