Loading...

We've got a brand new version of Simply Wall St! Try it out

Weyco Group

Nasdaq:WEYS
Snowflake Description

Flawless balance sheet with solid track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WEYS
Nasdaq
$239M
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Weyco Group, Inc., together with its subsidiaries, designs and distributes footwear. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
WEYS Share Price and Events
7 Day Returns
-4.9%
NasdaqGS:WEYS
0%
US Retail Distributors
0.7%
US Market
1 Year Returns
-27.7%
NasdaqGS:WEYS
14.5%
US Retail Distributors
13.7%
US Market
WEYS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Weyco Group (WEYS) -4.9% -1.5% 4.1% -27.7% -16.5% -12.8%
US Retail Distributors 0% 0.7% 10.8% 14.5% 20.3% 28.1%
US Market 0.7% 4.7% 6.1% 13.7% 39.2% 44.5%
1 Year Return vs Industry and Market
  • WEYS underperformed the Retail Distributors industry which returned 14.5% over the past year.
  • WEYS underperformed the Market in United States of America which returned 13.7% over the past year.
Price Volatility
WEYS
Industry
5yr Volatility vs Market
Related Companies

WEYS Value

 Is Weyco Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Weyco Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Weyco Group.

NasdaqGS:WEYS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in USD $ .960000
Payout Ratio Company Filings (2019-09-30) 5196.7%
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:WEYS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Retail Distributors Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.84 (1 + (1- 21%) (15.94%))
1.056
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.056 * 5.96%)
9.02%

Discounted Cash Flow Calculation for NasdaqGS:WEYS using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Weyco Group is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NasdaqGS:WEYS Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.96 / (9.02% - 2.73%)
$15.26
NasdaqGS:WEYS Discount to Share Price
Calculation Result
Value per share (USD) From above. $15.26
Current discount Discount to share price of $24.36
= -1 x ($24.36 - $15.26) / $15.26
-59.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Weyco Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Weyco Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Weyco Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:WEYS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $2.17
NasdaqGS:WEYS Share Price ** NasdaqGS (2019-11-18) in USD $24.36
United States of America Retail Distributors Industry PE Ratio Median Figure of 11 Publicly-Listed Retail Distributors Companies 17.65x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Weyco Group.

NasdaqGS:WEYS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:WEYS Share Price ÷ EPS (both in USD)

= 24.36 ÷ 2.17

11.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Weyco Group is good value based on earnings compared to the US Retail Distributors industry average.
  • Weyco Group is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Weyco Group's expected growth come at a high price?
Raw Data
NasdaqGS:WEYS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
20.5%per year
United States of America Retail Distributors Industry PEG Ratio Median Figure of 5 Publicly-Listed Retail Distributors Companies 1.74x
United States of America Market PEG Ratio Median Figure of 2,038 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Weyco Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Weyco Group's assets?
Raw Data
NasdaqGS:WEYS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $21.15
NasdaqGS:WEYS Share Price * NasdaqGS (2019-11-18) in USD $24.36
United States of America Retail Distributors Industry PB Ratio Median Figure of 14 Publicly-Listed Retail Distributors Companies 2.24x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.76x
NasdaqGS:WEYS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:WEYS Share Price ÷ Book Value per Share (both in USD)

= 24.36 ÷ 21.15

1.15x

* Primary Listing of Weyco Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Weyco Group is good value based on assets compared to the US Retail Distributors industry average.
X
Value checks
We assess Weyco Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. Weyco Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WEYS Future Performance

 How is Weyco Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Weyco Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Weyco Group expected to grow at an attractive rate?
  • Weyco Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Weyco Group's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Weyco Group's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:WEYS Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:WEYS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 20.5%
United States of America Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 11.1%
United States of America Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:WEYS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:WEYS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqGS:WEYS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 307 7 22
2019-06-30 303 -1 21
2019-03-31 303 9 21
2018-12-31 298 13 20
2018-09-30 289 19 19
2018-06-30 288 27 18
2018-03-31 284 25 17
2017-12-31 284 34 16
2017-09-30 286 36 17
2017-06-30 288 39 16
2017-03-31 287 51 16
2016-12-31 297 47 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Weyco Group's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Weyco Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:WEYS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Weyco Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:WEYS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqGS:WEYS Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 2.17
2019-06-30 2.13
2019-03-31 2.12
2018-12-31 2.01
2018-09-30 1.87
2018-06-30 1.73
2018-03-31 1.69
2017-12-31 1.61
2017-09-30 1.61
2017-06-30 1.56
2017-03-31 1.53
2016-12-31 1.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Weyco Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Weyco Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Weyco Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WEYS Past Performance

  How has Weyco Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Weyco Group's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Weyco Group's year on year earnings growth rate has been positive over the past 5 years.
  • Weyco Group's 1-year earnings growth exceeds its 5-year average (14.2% vs 2.4%)
  • Weyco Group's earnings growth has exceeded the US Retail Distributors industry average in the past year (14.2% vs -7.7%).
Earnings and Revenue History
Weyco Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Weyco Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:WEYS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 306.69 21.66 97.66
2019-06-30 302.57 21.35 96.01
2019-03-31 302.98 21.47 95.13
2018-12-31 298.38 20.48 94.50
2018-09-30 289.06 18.97 91.01
2018-06-30 287.59 17.63 90.69
2018-03-31 284.16 17.26 88.94
2017-12-31 283.75 16.49 87.71
2017-09-30 285.58 16.59 86.59
2017-06-30 287.74 16.26 86.16
2017-03-31 287.15 16.00 86.35
2016-12-31 296.93 16.47 87.38
2016-09-30 302.24 15.30 89.52
2016-06-30 314.40 16.23 91.42
2016-03-31 321.47 17.27 92.25
2015-12-31 320.62 18.21 90.22
2015-09-30 328.48 19.29 92.59
2015-06-30 324.68 19.28 92.52
2015-03-31 323.61 19.45 92.26
2014-12-31 320.49 19.02 92.41
2014-09-30 303.76 17.73 89.24
2014-06-30 299.45 17.61 88.83
2014-03-31 301.62 17.61 89.02
2013-12-31 300.28 17.60 89.56
2013-09-30 300.09 18.47 89.85
2013-06-30 296.46 18.27 89.66
2013-03-31 291.75 18.29 89.33
2012-12-31 293.47 18.96 88.52

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Weyco Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Weyco Group used its assets more efficiently than the US Retail Distributors industry average last year based on Return on Assets.
  • Weyco Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Weyco Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Weyco Group has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WEYS Health

 How is Weyco Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Weyco Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Weyco Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Weyco Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Weyco Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 9.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Weyco Group Company Filings, last reported 1 month ago.

NasdaqGS:WEYS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 207.65 16.86 15.60
2019-06-30 205.89 12.00 20.50
2019-03-31 206.04 3.72 19.17
2018-12-31 205.58 5.84 24.50
2018-09-30 202.58 8.05 20.85
2018-06-30 202.04 0.00 32.78
2018-03-31 209.36 0.00 35.41
2017-12-31 205.66 0.00 29.42
2017-09-30 203.17 4.77 18.06
2017-06-30 202.81 0.00 22.66
2017-03-31 207.10 0.00 26.23
2016-12-31 208.28 4.27 18.31
2016-09-30 200.73 22.81 17.62
2016-06-30 200.63 15.24 18.58
2016-03-31 204.20 24.63 19.79
2015-12-31 204.73 26.65 22.45
2015-09-30 199.82 41.97 19.64
2015-06-30 199.71 18.12 18.21
2015-03-31 198.66 6.62 17.96
2014-12-31 197.95 5.41 18.41
2014-09-30 199.90 24.29 15.85
2014-06-30 199.64 10.82 15.82
2014-03-31 198.92 8.99 21.69
2013-12-31 196.99 12.00 21.17
2013-09-30 187.88 25.00 15.63
2013-06-30 182.60 20.00 14.03
2013-03-31 183.40 38.00 20.80
2012-12-31 181.39 45.00 25.29
  • Weyco Group's level of debt (8.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (12% vs 8.1% today).
  • Debt is well covered by operating cash flow (41.8%, greater than 20% of total debt).
  • Weyco Group earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Weyco Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Weyco Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WEYS Dividends

 What is Weyco Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.94%
Current annual income from Weyco Group dividends.
If you bought $2,000 of Weyco Group shares you are expected to receive $79 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Weyco Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.42%).
  • Weyco Group's dividend is above the markets top 25% of dividend payers in United States of America (3.65%).
Upcoming dividend payment

Purchase Weyco Group before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:WEYS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1956 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:WEYS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NasdaqGS:WEYS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-08-06 0.960 3.947
2019-05-09 0.960 3.637
2019-05-07 0.960 2.862
2019-03-14 0.920 2.795
2019-03-05 0.920 2.923
2018-11-08 0.920 3.090
2018-11-06 0.920 2.781
2018-08-08 0.920 2.692
2018-08-07 0.920 2.587
2018-05-08 0.920 2.597
2018-05-04 0.920 2.496
2018-03-06 0.880 2.559
2017-10-27 0.880 2.982
2017-08-08 0.880 3.143
2017-05-04 0.880 3.184
2017-05-02 0.880 3.148
2016-11-07 0.840 2.959
2016-08-05 0.840 3.222
2016-08-02 0.840 3.309
2016-05-05 0.840 3.046
2016-05-03 0.840 3.127
2016-03-03 0.800 3.000
2016-03-02 0.800 2.946
2015-08-04 0.800 2.975
2015-05-06 0.800 2.765
2015-05-05 0.800 2.799
2014-11-05 0.760 2.690
2014-08-05 0.760 2.811
2014-05-02 0.760 2.849
2014-05-01 0.760 3.038
2013-10-29 0.720 2.622
2013-07-30 0.720 2.672
2013-05-09 0.720 2.849
2013-05-02 0.720 3.038
2012-12-11 0.680 2.902
2012-10-31 0.680 2.916
2012-07-31 0.680 2.869
2012-04-30 0.680 2.924
2012-02-28 0.640 2.727
2011-11-01 0.640 2.634
2011-08-02 0.640 2.812
2011-04-29 0.640 2.725
2011-03-03 0.640 2.673
2010-11-04 0.640 2.627
2010-11-01 0.640 2.631
2010-04-29 0.640 2.668
2010-02-23 0.600 2.522
2009-11-05 0.600 2.607
2009-11-03 0.600 2.685
2009-04-28 0.600 2.569
2009-02-23 0.560 2.297

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Weyco Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Weyco Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Weyco Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Weyco Group has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WEYS Management

 What is the CEO of Weyco Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Thomas Florsheim
COMPENSATION $1,255,050
AGE 61
TENURE AS CEO 20.8 years
CEO Bio

Mr. Thomas W. Florsheim, Jr., has been the Chief Executive Officer at Weyco Group Inc. since 1999 and also its Chairman of the Board since 2002. Mr. Florsheim has been working with Weyco Group for more than 25 years. His skill sets include experience in mergers and acquisitions, financial oversight, compensation matters and organization development. His career in the consumer goods industry has exposed him to manufacturing, marketing and engineering solutions on a global basis. He served as the President of Weyco Group from 1996 to 2002, Chief Operating Officer from 1996 to 1999 and Vice President from 1988 to 1996. Prior to becoming an Executive of Weyco Group, he held various managerial positions, this included managing the retail division and subsequently the purchasing department. Mr. Florsheim has been a Director at Weyco Group Inc. since 1996. Mr. Florsheim has been an Independent Director of Strattec Security Corporation since October 2012 and Weyco Group Inc. since 1996.

CEO Compensation
  • Thomas's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Thomas's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Weyco Group management team in years:

13.4
Average Tenure
57
Average Age
  • The average tenure for the Weyco Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Thomas Florsheim

TITLE
Chairman & CEO
COMPENSATION
$1M
AGE
61
TENURE
20.8 yrs

John Florsheim

TITLE
President
COMPENSATION
$1M
AGE
55
TENURE
17.8 yrs

John Wittkowske

TITLE
Senior VP
COMPENSATION
$820K
AGE
59
TENURE
24.8 yrs

William Combs

TITLE
Founder

Jeff Douglass

TITLE
Vice President of Marketing
TENURE
2.5 yrs

DeAnna Osteen

TITLE
Vice President of Human Resources
TENURE
2.5 yrs

Brian Flannery

TITLE
VP & President of Stacy Adams Brand
COMPENSATION
$694K
AGE
57
TENURE
17.8 yrs

Judy Anderson

TITLE
VP of Finance & Treasurer
AGE
51

Kevin Schiff

TITLE
VP & President of Florsheim Brand
COMPENSATION
$555K
AGE
50
TENURE
9 yrs

Mike Bernsteen

TITLE
VP & President of Nunn Bush Brand
AGE
62
TENURE
7.7 yrs
Board of Directors Tenure

Average tenure and age of the Weyco Group board of directors in years:

17.8
Average Tenure
61
Average Age
  • The average tenure for the Weyco Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Thomas Florsheim

TITLE
Chairman & CEO
COMPENSATION
$1M
AGE
61
TENURE
17.8 yrs

John Florsheim

TITLE
President
COMPENSATION
$1M
AGE
55
TENURE
23.8 yrs

Thomas Florsheim

TITLE
Chairman Emeritus
COMPENSATION
$81K
AGE
88
TENURE
17.8 yrs

Robert Feitler

TITLE
Independent Director
COMPENSATION
$66K
AGE
88
TENURE
55.8 yrs

Frederick Stratton

TITLE
Independent Director
COMPENSATION
$66K
AGE
79
TENURE
43.8 yrs

Cory Nettles

TITLE
Independent Director
COMPENSATION
$66K
AGE
49
TENURE
14.6 yrs

Tina Chang

TITLE
Independent Director
COMPENSATION
$66K
AGE
47
TENURE
12.8 yrs
Who owns this company?
Recent Insider Trading
  • Weyco Group individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. Sep 19 Sell Allison Woss Individual 12. Sep 19 12. Sep 19 -377 $25.95 $-9,783
14. May 19 Sell Michael Bernsteen Individual 10. May 19 10. May 19 -1,600 $33.20 $-53,120
19. Mar 19 Sell Michael Bernsteen Individual 15. Mar 19 15. Mar 19 -1,000 $32.26 $-32,260
11. Mar 19 Sell George Sotiros Individual 08. Mar 19 08. Mar 19 -8,550 $30.79 $-263,255
06. Dec 18 Sell Tina Chang Individual 04. Dec 18 04. Dec 18 -1,500 $33.18 $-49,770
X
Management checks
We assess Weyco Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Weyco Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WEYS News

Simply Wall St News

Some Weyco Group (NASDAQ:WEYS) Shareholders Are Down 31%

Even though the Weyco Group share price is down over the year, its EPS actually improved. … We note that for Weyco Group the TSR over the last year was -28%, which is better than the share price return mentioned above. … A Different Perspective While the broader market gained around 0.9% in the last year, Weyco Group shareholders lost 28% (even including dividends).

Simply Wall St -

Does Weyco Group, Inc.'s (NASDAQ:WEYS) P/E Ratio Signal A Buying Opportunity?

View our latest analysis for Weyco Group How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Weyco Group: P/E of 11.31 = $24.04 ÷ $2.13 (Based on the trailing twelve months to June 2019.) Is A High Price-to-Earnings Ratio Good? … NasdaqGS:WEYS Price Estimation Relative to Market, August 20th 2019 Its relatively low P/E ratio indicates that Weyco Group shareholders think it will struggle to do as well as other companies in its industry classification.

Simply Wall St -

How Do Weyco Group, Inc.’s (NASDAQ:WEYS) Returns On Capital Compare To Peers?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Weyco Group: 0.11 = US$27m ÷ (US$286m - US$36m) (Based on the trailing twelve months to June 2019.) Therefore, Weyco Group has an ROCE of 11%. … Weyco Group's Current Liabilities And Their Impact On Its ROCE Current liabilities are short term bills and invoices that need to be paid in 12 months or less. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Do Institutions Own Weyco Group, Inc. (NASDAQ:WEYS) Shares?

Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … Check out our latest analysis for Weyco Group NasdaqGS:WEYS Ownership Summary, July 30th 2019 What Does The Institutional Ownership Tell Us About Weyco Group? … Insider Ownership Of Weyco Group The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Read This Before Judging Weyco Group, Inc.'s (NASDAQ:WEYS) ROE

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Weyco Group: 10% = US$21m ÷ US$206m (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Weyco Group's Debt And Its 10% ROE Although Weyco Group does use a little debt, its debt to equity ratio of just 0.018 is very low. … If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

Simply Wall St -

Weyco Group (NASDAQ:WEYS) Seems To Use Debt Rather Sparingly

NasdaqGS:WEYS Historical Debt, July 11th 2019 A Look At Weyco Group's Liabilities We can see from the most recent balance sheet that Weyco Group had liabilities of US$28.2m falling due within a year, and liabilities of US$45.4m due beyond that. … Given that Weyco Group has more cash than debt, we're pretty confident it can manage its debt safely. … Weyco Group may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt.

Simply Wall St -

Is Weyco Group, Inc. (NASDAQ:WEYS) Potentially Underrated?

Flawless balance sheet average dividend payer WEYS is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. … NasdaqGS:WEYS Historical Debt, June 30th 2019 For those seeking income streams from their portfolio, WEYS is a robust dividend payer as well. … NasdaqGS:WEYS Historical Dividend Yield, June 30th 2019 Next Steps: For Weyco Group, there are three relevant aspects you should further research: Future Outlook: What are well-informed industry analysts predicting for WEYS’s future growth?

Simply Wall St -

Should You Worry About Weyco Group, Inc.'s (NASDAQ:WEYS) CEO Salary Level?

See our latest analysis for Weyco Group How Does Thomas Florsheim's Compensation Compare With Similar Sized Companies? … We looked at a group of companies with market capitalizations from US$100m to US$400m, and the median CEO total compensation was US$1.1m. … If you want to buy a stock that is better than Weyco Group, this free list of high return, low debt companies is a great place to look.

Simply Wall St -

Weyco Group, Inc.'s (NASDAQ:WEYS) Earnings Grew 24%, Did It Beat Long-Term Trend?

In this article, I will take a look at Weyco Group, Inc.'s (NASDAQ:WEYS) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … Let's see whether it is merely a result of an industry uplift, or if Weyco Group has experienced some company-specific growth. … I recommend you continue to research Weyco Group to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for WEYS’s future growth?

Simply Wall St -

Here's Why I Think Weyco Group (NASDAQ:WEYS) Is An Interesting Stock

View our latest analysis for Weyco Group How Fast Is Weyco Group Growing? … Earnings growth might be the main game for Weyco Group, but the fun does not stop there. … Of course, just because Weyco Group is growing does not mean it is undervalued.

Simply Wall St -

WEYS Company Info

Description

Weyco Group, Inc., together with its subsidiaries, designs and distributes footwear. The company operates through two segments, North American Wholesale and North American Retail. It engages in the design and marketing footwear for men, women, and children under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals. It is involved in the wholesale of its products to footwear, department, and specialty stores primarily in the United States and Canada. As of December 31, 2018, the company had nine brick and mortar retail stores in the United States; and an Internet business. It also has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear in the United States, as well as its footwear in Mexico and certain markets internationally. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.

Details
Name: Weyco Group, Inc.
WEYS
Exchange: NasdaqGS
Founded: 1906
$239,193,227
9,819,098
Website: http://www.weycogroup.com
Address: Weyco Group, Inc.
333 West Estabrook Boulevard,
PO Box 1188,
Milwaukee,
Wisconsin, 53201,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS WEYS Common Stock Nasdaq Global Select US USD 02. Jan 1968
Number of employees
Current staff
Staff numbers
531
Weyco Group employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/18 23:47
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2017/03/08
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.