SHOO (Steven Madden) Net Cash per Share: $-10.96 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHOO Steven Madden Ltd SHOO
92 GF Score
Price $46.10
GF Value $50.12
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Steven Madden Net Cash per Share?

Steven Madden SHOO +0.77% 92 Net Cash per Share is $-10.96 as of Jun. 2026. GuruFocus rates SHOO with a GF Score™ of 92/100 and a GF Value™ of $50.12 (Fairly Valued). The stock has 8 warning signs investors should review. Among 175 Manufacturing - Apparel & Accessories companies, Steven Madden ranks worse than 571428% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Steven Madden's Net Cash per Share for the quarter that ended in Jun. 2026 was $-10.96.

The historical rank and industry rank for Steven Madden's Net Cash per Share or its related term are showing as below:

SHOO's Price-to-Net-Cash is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 7.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

Steven Madden  (NAS:SHOO) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Steven Madden Net Cash per Share Related Terms


Steven Madden Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Steven Madden's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Steven Madden Net Cash per Share Chart

Steven Madden Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.47 -1.78 -4.05 -5.00 -12.87

Steven Madden Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.08 -14.31 -12.87 -13.20 -10.96

SHOO vs WWW, WEYS, RCKY: Net Cash per Share Comparison

For the Footwear & Accessories subindustry, Steven Madden's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Steven Madden Price-to-Net-Cash vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Steven Madden's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Steven Madden's Price-to-Net-Cash falls into.


SHOO
92GF Score
Steven Madden Ltd SHOO
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steven Madden Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Steven Madden's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(112.423-1010.295-37.594)/72.674
=-12.87

Steven Madden's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(94.739-863.958-32.501)/73.168
=-10.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-10.96 mean?
Steven Madden (SHOO) has a Net Cash per Share of $-10.96 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Steven Madden and its competitors. According to the industry distribution chart, Steven Madden ranks #999999 out of 175 companies in the Manufacturing - Apparel & Accessories industry.
Is Steven Madden's Net Cash per Share too high?
Steven Madden's current Net Cash per Share is $-10.96. Based on the distribution chart, Steven Madden ranks #999999 out of 175 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Steven Madden has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steven Madden's Net Cash per Share compare to WWW and WEYS?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Steven Madden ranks #999999 out of 175 companies for Net Cash per Share. This places Steven Madden in the lower half of its industry. The industry median Net Cash per Share is 7.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Manufacturing - Apparel & Accessories company?
The median Net Cash per Share among Manufacturing - Apparel & Accessories companies is 7.26, based on 175 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Steven Madden and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Cash per Share is 7.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steven Madden's current Net Cash per Share is $-10.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steven Madden stock overvalued right now?
Based on GuruFocus' analysis, Steven Madden (SHOO) is currently considered Fairly Valued. The stock's GF Value™ is $50.12, compared to a current price of $46.10 — trading 8% below its estimated fair value. The current Net Cash per Share is $-10.96. Steven Madden's overall GF Score™ is 92/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Steven Madden (SHOO), the current Net Cash per Share is $-10.96 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Steven Madden (SHOO) Overvalued in 2026?

Based on GuruFocus' analysis, Steven Madden stock appears to be undervalued. The current stock price of $46.10 is trading 8% below its estimated GF Value™ of $50.12. GuruFocus considers Steven Madden to be Fairly Valued.

Key valuation signals for SHOO:

  • Net Cash per Share: $-10.96
  • GF Value™: $50.12 vs. price of $46.10 (8% below fair value)
  • GF Score™: 92/100 with 8 warning signs

No single metric tells the full story. See the SHOO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steven Madden Business Description

Other Exchanges SJM:Germany
Address 52-16 Barnett Avenue, Long Island City, NY, USA, 11104
Steven Madden Ltd and its subsidiaries design, source, and market branded and private label footwear, accessories, and apparel. Its offerings include contemporary styles and core products, known for design creativity, trend-right offerings, high quality, and accessible price points. It operates through four segments: Wholesale Footwear, which generates maximum revenue and sells footwear globally; Wholesale Accessories/Apparel, which sells handbags and apparel through wholesale channels; Direct-to-Consumer, which sells footwear, handbags, apparel, and accessories through stores, outlets, e-commerce, and concessions; and Licensing, which licenses Steve Madden, Betsey Johnson, and Kurt Geiger trademarks, with the Company generating the majority of its revenue from the USA.
92GF Score

Get the complete analysis for SHOO

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.10
Price
$50.12
GF Value