Shoe Carnival Inc (SCVL)

Retail-Shoe Stores

Latest Price

$17.43

TTM P/E

12.91

Normalized P/E

6.97

TTM Div Yield

3.56%

Fwd Div Yield

Book Value

24.59

P/B Ratio

0.71

Valuation metrics

EPS: $1.90

Book value / share: $25.19

Formula: √(22.5 × EPS × BVPS)

Graham Number

$32.82

+88% upside

Norm. op. income: $80M (median of 6yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$26.67

+53% upside

Base FCF: $59M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$42.11

+142% upside

EPS: $1.90

Target P/E: 7×

Formula: EPS × P/E

P/E Fair Value

$13.30

24% downside

69.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	1.96M	$29.0M	7.20%	+197.5K	2026-06-30
Dimensional Fund Advisors LP	1.53M	$22.0M	5.61%	-126.0K	2026-06-30
Lsv Asset Management	806.8K	$11.0M	2.97%	+540.8K	2026-06-30
Vanguard Capital Management LLC	788.6K	$11.0M	2.90%	+15.3K	2026-06-30
Arrowstreet Capital, Limited Partnership	763.2K	$11.0M	2.81%	+245.3K	2026-06-30
American Century Companies Inc	730.3K	$10.0M	2.69%	+63.0K	2026-06-30
Goldman Sachs Group Inc	642.1K	$9.0M	2.36%	-469.5K	2026-06-30
Morgan Stanley	635.9K	$9.0M	2.34%	+88.3K	2026-06-30
Royce & Associates LP	549.8K	$8.0M	2.02%	-3.3K	2026-06-30
Jacobs Levy Equity Management, Inc	497.7K	$7.0M	1.83%	+395.5K	2026-06-30