other footwear stocks within it's own sector. Go
And make some comparisons on your own. Here is a list
of 25 + footwear companies and if you scroll through
the profiles and look at some of the stats I looked
at, you can make comparisons of:
Profit as a percentage of sales (i.e. if
there are in the black)
Annual trading range
Price to Sales Ratio.
There are certainly more
stats than these 5 I just listed, but for a quick "down
and dirty" I only picked these. You may want to go
back and use additional criteria. For example, I
didn't go through all of the summaries of each company
to view the percentage of sales growth/or sales
downturn. I didn't go through to compare profits this
fiscal to last, or this past quarter to the identical
quarter of a year ago.
PE ratios range from a low
of 4 (MAXS which is Maxwell Shoe Company Inc.) to a
high of 34.28 (NKE which is Nike, Inc.) SKX's PE is
noted as 8.47.
Net profits as a percentage of
sales range from losses on many of the companies listed
to a high of 11 % (KSWS which is KSwiss. SKX's net
is noted as 4.2 %.
Price to sales range from
a high of 1.90 (KCP which is Kenneth Cole) to a low
of .20 (BWS whcih is Brown Shoe Company). SKX's is
noted as .36, which is one of the absolute lowest, only
7 companies noted as having a lower Price to Sales
I'm using the Yahoo stats which may differ slightly
from real stats if Yahoo hasn't updated.
these comparisons aren't showing easily, without
spending substantial time is their sales ranking
nationally of their brands. Nor will this listing, again
without a lot of DD on your part, show their recent sales
direction in this current fiscal year.
those of you who want to do some DD on your own, here's
a prompt from me on where to
Remember, the companies listed are within the footwear
sector and you really need to split out the sector into
"athletic" and "regular footwear" which I've not done. If
you do that, you'll have a much more accurate
comparison. For example, the 11 % net after taxes I spoke of
for KSWS is in the "athletic" area. SKX isn't in that
area. SHOO (Steve Madden) is in the same sector as SKX
and has a 6.6 % net after taxes, but it's selling at
over 20 X earnings, so there's a lot to consider when
making these comparisons and assessing your investment
in SKX (compared to others in this sector).
hope this is helpful to some of you. For those truly
interested in SKX as an investment, it should be. For those
here simply to harrass others on this board, I'm sure
you could care less and/or proabably don't even
understand this post.
Have a wonderful day to
P. S. As of this time, 12:06 a.m., SKX has just
traded at 5 1/16 and is bid 5 for 2800 offered at 5 1/16
for 500 shares and SKX has already traded at 5 1/8.
While these aren't great prices historically, it may be
signaling the end of the downturn we've experiened
I bought SKX recently and wanted to read some
informed opinions on this board. Instead, I read a lot of
chat room gibberish. That alone is not a bad thing.
Although, there are more fitting places for it.
you simpletons [not a cartoon TV show] resort to
attacks on those who use this board for its intended
purpose. That's when the line has been crossed.
bought SKX because I am a bottom fisher. How ironic that
I would find so many bottom feeders on the message