CAL
Caleres, Inc.
CAL's outlook is improving, though it still trails on the overall score.
NIO
NIO Inc.
NIO has the edge over CAL overall, supported by stronger fundamentals and stronger valuation.
CAL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Healthy |
CAL's balance sheet is currently healthy, and its revenue, profitability and cash flow are stable.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
CAL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.8x | $7.30 | -45% |
| Forward | 6.1x | $13.20 | — |
| Fair | 6.3x | $9.45 | -28% |
| Expensive | 8.5x | $12.88 | -2.4% |
| Current | 8.7x | $13.20 | — |
Historical ranges are pointers, not guarantees.
CAL's PE is in its expensive range at 8.7x. If earnings grow as analysts expect, today's price would be 6.1x next year's earnings, in its fair range.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
CAL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect CAL's earnings to grow and its profitability to improve, with its revenue holding steady.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over CAL on the outlook, with more favorable revenue expectations.
CAL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.15 | +42% |
| Q3 2026 | $1.51 | -15% |
| Q2 2026 | $0.00 | -100% |
| Q1 2026 | -$0.21 | -107% |
| Q4 2025 | $0.65 | -85% |
| Q3 2025 | $1.77 | -62% |
| Q2 2025 | $2.42 | -49% |
| Q1 2025 | $3.09 | -36% |
| Q4 2024 | $4.48 | +2.3% |
CAL has the edge over NIO on earnings quality, reporting a profit while its opponent remains loss making.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
CAL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $695.5M | +5.6% |
| Q2 2026 | $666.6M | +8.5% |
| Q1 2026 | $695.1M | +8.7% |
| Q4 2025 | $790.1M | +6.6% |
| Q3 2025 | $658.5M | -3.6% |
| Q2 2025 | $614.2M | -6.8% |
| Q1 2025 | $639.2M | -8.3% |
| Q4 2024 | $740.9M | -2.8% |
CAL's revenue has grown year over year for four quarters in a row: $695M last quarter, up 5.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +9.8 points |
| Q2 2026 | 3.6% | +1.7 points |
| Q1 2026 | -3.8% | -5 points |
| Q4 2025 | 1.5% | -6.1 points |
| Q3 2025 | 1.4% | -4.8 points |
| Q2 2025 | 1.9% | -4.6 points |
| Q1 2025 | 1.2% | -3.2 points |
| Q4 2024 | 7.7% | -0.8 points |
CAL has the edge over NIO on profitability, with a higher operating margin.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO has the edge over CAL on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
CAL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $75.6M | +116% |
| Q2 2026 | -$39M | -$12.8M |
| Q1 2026 | $43.1M | +140% |
| Q4 2025 | -$12.4M | +$45M |
| Q3 2025 | $35M | -49% |
| Q2 2025 | -$26.2M | -200% |
| Q1 2025 | $18M | -44% |
| Q4 2024 | -$57.4M | -539% |
CAL's free cash flow has turned positive again: $67M over the past year, against −$31M the year before.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the edge over CAL on cash flow, with more consistent year-over-year improvement.
CAL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +77K shares |
| 1 year | +0.6% | +206K shares |
| 3 years | -4.2% | -1.5M shares |
CAL has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $3.1M |
| Q1 2026 | $7,000 |
| Q4 2025 | $2,000 |
| Q3 2025 | $5,000 |
| Q2 2025 | $5M |
| Q1 2025 | — |
| Q4 2024 | $50M |
CAL spent $3M buying back its own shares over the past year, down 94% from the year before.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
CAL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 3.9x | Elevated |
| Q1 2026 | 4.0x | High |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 1.4x | Healthy |
| Q2 2025 | 1.3x | Healthy |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 0.9x | Very low |
CAL's net debt is about 1.6 years of its operating earnings (EBITDA), up from 1.4 years a year ago.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CAL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.4 | Neutral |
| Stochastic | 49.9 | Neutral |
CAL's weekly RSI is 52 (neutral) and its Stochastic is 50 (neutral).
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
CAL PE vs Consumer Cyclical Sector
| Metric | CAL | Sector median | Relative |
|---|---|---|---|
| PE | 8.7x | 18x | 51% below |
| PE % | 85 | 47 | 38 pts above |
CAL is trading at 8.7x earnings, a 51% discount to the Consumer Cyclical sector's median of 18x.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
CAL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.8 | 3.4% above |
| 20 week MA | $12.6 | 4.4% above |
| 50 week MA | $12.6 | 4.5% above |
| 100 week MA | $14.0 | 5.6% below |
| 200 week MA | $22.0 | 40% below |
CAL has the edge over NIO on trend strength, trading above more of its moving averages.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
CAL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23.6 | $13.5 | -43% |
| 2021 | $13.5 | $21.9 | +62% |
| 2022 | $21.9 | $21.8 | -0.5% |
| 2023 | $21.8 | $30.7 | +41% |
| 2024 | $30.7 | $23.4 | -24% |
| 2025 | $23.4 | $13.3 | -43% |
| 2026 YTD | $13.3 | $13.2 | -0.6% |
CAL has the edge over NIO on returns for 2026, with the stronger performance.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.