WEYCO Group Inc WEYS

Consumer DiscretionaryTextiles & ApparelUnited States of America

Last close 54.03 USD on Nov 2, 2026, +80.6% year to date

Quant rating

Quant rating D Rank 252 of 344 in Consumer Discretionary

Growth D 318 of 344
Valuation C 169 of 344
Quality C 204 of 344
Revisions D 318 of 344
Momentum A 21 of 344

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 516M
Enterprise value: 421M
52-week range: 26.58 – 54.35
3-year range: 22.00 – 54.35
Dividend yield: 2.13%
Beta (5 years): 0.91
Shares outstanding: 9.6M
Next earnings: –

About the company

Weyco Group, Inc. designs, markets, and distributes footwear principally for men, but also for women and children, under a portfolio of brand names including: Florsheim, Nunn Bush, Stacy Adams, BOGS, and Forsake. Its segments include the North American wholesale segment (Wholesale) and the North American retail segment (Retail). The Wholesale segment includes wholesale sales, and its products are sold to footwear, department, and specialty stores, as well as e-commerce retailers, primarily in the United States and Canada. 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 overseas. The Retail segment consists of e-commerce businesses and four brick-and-mortar retail stores in the United States. Retail sales are made directly to consumers on its Websites, or by its employees in its stores.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2017	2016	2015	2014	2013	5Y avg
Revenue (mil)	276	290	318	352	268	–
Revenue growth	−4.9%	−8.7%	−9.6%	31.4%	37.0%	7.2%
EPS (basic, normalized)	–	1.36	–	–	–	–
EPS growth	–	–	–	–	–	–
Gross margin	43.2%	45.3%	44.9%	41.1%	40.1%	42.9%
Net margin	8.4%	10.4%	9.5%	8.4%	7.7%	8.9%
ROE	9.5%	12.4%	12.9%	13.9%	10.6%	11.8%

Balance sheet, last quarter
Cash & short-term investments (mil)	95.5
Current ratio	7.55x
Long-term debt (mil)	0
Net debt (mil)	−95.5
Total equity (mil)	255
Net debt / equity	−0.37x
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2017 actual	276	−4.9%	1.5x	–	–	–	–	–	–

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2018	–	–	–	–	–	–	–	–
2019	–	–	–	–	–	–	–	–
2020	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	FQ-9	FQ-8	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	78.9	56.9	79.1	82.1	69.1	57.5	76.9	80.3
Sales mean (mil)	–	–	75.0	64.0	80.5	84.5	76.3	–	–	–
Surprise	–	–	+5.2%	−11.1%	−1.8%	−2.8%	−9.4%	–	–	–
EPS reported	–	–	0.25	0.09	0.44	0.58	0.21	–	–	–
EPS mean	–	–	0.23	0.13	0.36	0.61	0.25	–	–	–
Surprise	–	–	+8.7%	−30.8%	+22.2%	−4.9%	−16.0%	–	–	–

Peer comparison Textiles & Apparel

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
WEYS WEYCO Group Inc	516M	–	8.4%	2.03x	–	–	–	–
WWW Wolverine World Wide, Inc.	1.8B	2.37x	5.0%	3.91x	13.0x	11.6x	10.0x	9.1x
0321 Texwinca Holdings Ltd	136M	–	3.1%	0.22x	–	–	–	–
2011 Gilston Group Ltd	84M	–	6.2%	2.59x	–	–	–	–
RCKY Rocky Brands Inc	385M	–	4.6%	1.39x	10.1x	12.0x	7.5x	8.6x
SORA AsiaStrategy	61M	–	112.5%	2.79x	–	–	–	–
Mean		2.37x	23.3%	2.15x	11.5x	11.8x	8.8x	8.9x
Median		2.37x	5.6%	2.31x	11.5x	11.8x	8.8x	8.9x

Technical analysis

1M+6.2%
3M+39.4%
1Y+120.5%
3Y+174.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, WEYCO Group Inc, fiscal years, most recent first
	2017	2016	2015	2014	2013	2012
Total revenue	276	290	318	352	268	195
Cost of revenue	157	159	175	207	160	117
Gross profit	119	132	143	144	107	78.6
Selling, general & administrative expenses	90.1	94.6	102	104	80.6	83.1
Research & development	–	–	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	–	0.3	–	–	1.1	3.1
Other operating expenses	0	0	0	0	0	0
Operating income	29.2	36.6	41.0	40.4	25.7	−7.6
Net interest income (expense)	3.0	3.7	0.6	−0.3	0.6	0.4
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	−0.1	−0.4	−0.7	−0.3	1.1	0.1
Net income before taxes	32.0	39.8	40.9	39.7	27.3	−7.1
Provision for taxes	9.0	9.5	10.7	10.2	6.8	1.4
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	23.1	30.3	30.2	29.5	20.6	−8.5
Extraordinary items	–	–	–	–	–	–
Net income	23.1	30.3	30.2	29.5	20.6	−8.5
EBIT, normalized	29.2	36.9	41.0	40.4	26.8	−4.5
EBITDA, normalized	32.1	39.7	43.9	43.1	29.6	−1.3
Basic EPS, normalized	–	1.36	–	–	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, WEYCO Group Inc, fiscal years, most recent first
	2017	2016	2015	2014	2013	2012
Assets
Cash & short-term investments	97.4	71.8	69.5	18.4	28.1	34.7
Receivables	38.9	38.5	39.5	54.2	53.8	36.0
Total inventory	65.9	74.0	74.9	128	71.0	59.0
Prepaid expenses	3.2	25.0	6.2	5.9	4.3	4.6
Other current assets	0	0	0	0	0	0
Total current assets	205	209	190	206	157	134
Property, plant & equipment	37.7	38.7	42.0	42.2	38.7	40.4
Goodwill	12.3	12.3	12.3	12.3	12.3	11.1
Intangibles	32.9	33.1	33.7	34.4	35.7	34.1
Long-term investments	5.2	7.2	8.3	9.0	12.1	15.0
Note receivable	–	–	–	–	–	–
Other long-term assets	26.1	23.3	23.0	22.2	21.6	21.9
Total assets	320	324	309	327	278	257
Liabilities
Accounts payable	11.2	8.4	8.8	14.9	19.2	8.4
Payable/accrued	–	–	–	–	–	–
Accrued expenses	15.4	17.3	18.4	19.2	15.3	15.9
Short-term debt	0	0	0	31.1	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	22.0	21.6	2.4	2.3	0	0
Total current liabilities	48.6	47.3	29.6	67.5	34.5	24.3
Long-term debt	0	0	0	0	0	0
Minority interest	–	–	–	–	–	–
Other liabilities	31.5	31.2	35.2	35.2	41.8	44.4
Total liabilities	80.1	78.5	64.8	103	76.3	68.8
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	9.5	9.6	9.5	9.6	9.7	9.8
Additional paid-in capital	74.0	72.6	71.7	70.5	68.7	67.2
Retained earnings (accumulated deficit)	170	181	181	164	148	139
Treasury stock	–	–	–	–	–	–
Other equity	−13.9	−17.9	−17.3	−20.2	−24.8	−28.0
Total equity	240	246	244	224	201	188
Total liabilities & shareholders' equity	320	324	309	327	278	257

Cash flow statement in millions of USD, fiscal years

Cash flow statement, WEYCO Group Inc, fiscal years, most recent first
	2017	2016	2015	2014	2013	2012
Operating activities
Net income	23.1	30.3	30.2	29.5	20.6	−8.5
Depreciation, depletion & amortization	2.9	2.7	2.9	2.8	2.8	3.2
Deferred taxes	0.3	1.1	2.5	1.3	0.9	2.8
Non-cash items	1.3	2.1	3.1	2.5	2.1	9.7
Changes in working capital	9.7	1.5	60.0	−66.0	−19.9	32.8
Cash from operations	37.3	37.7	98.6	−29.9	6.4	40.0
Investing activities
Capital expenditures	−1.8	−1.4	−3.3	−2.3	−1.0	−3.4
Other investing cash flows	1.5	0.2	2.1	9.8	−6.0	6.5
Cash from investing	−0.2	−1.2	−1.2	7.4	−7.0	3.2
Financing activities
Financing cash flow items	−0.2	−22.0	−0.7	0	–	0
Cash dividends paid	−7.7	−9.7	−9.3	−7.0	−9.3	−11.8
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−5.3	−0.5	−35.4	27.2	−2.5	−9.1
Cash from financing	−13.2	−32.2	−45.3	20.3	−11.9	−20.9
Foreign exchange effects	1.3	−2.7	0.4	−0.6	−0.3	0.4
Net change in cash	25.0	1.7	52.4	−2.8	−12.8	22.7
Free cash flow	35.5	36.3	95.3	−32.2	5.4	36.6

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.