Steven Madden Ltd (SHOO) is fairly valued and Weyco Group Inc (WEYS) is overvalued.
Against our estimates of intrinsic value, SHOO trades at the wider discount: a margin of safety of +4%, against -29% for WEYS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.0% (average of 3 methods) values the shares at $46.07; the price of $44.45 is 4% below that value, and 73% of that value comes from beyond year five.
Leak Score 22/100 on 2 of 12 signals
Discounting its cash flows at 9.6% (average of 3 methods) values the shares at $36.43; the price of $46.87 is 29% above that value, and 73% of that value comes from beyond year five.
Leak Score 64/100 on 9 of 12 signals
| Metric | SHOO | WEYS |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $44.45 | $46.87 |
| Intrinsic value | $46.07 | $36.43 |
| Margin of safety | +4% | -29% |
| Leak Score | 22/100 (2/12) | 64/100 (9/12) |
| Market cap | $3.3B | $448M |
| Revenue growth, 5 years | 16.1% | 7.2% |
| Operating margin | 9.0% | 15.3% |
| Net margin | 5.2% | 12.4% |
| Return on equity | 16.2% | 13.8% |
| Debt to equity | 0.40 | 0.04 |
| P/E | 22.3x | 12.9x |
| Forward P/E | 16.0x | — |
| P/B | 3.5x | 1.8x |
| Dividend yield | 1.3% | 2.4% |