Kandal M Venture vs Rocky Brands
Rocky Brands is the larger business, with $482m of revenue in fiscal 2025 against $17.1m for Kandal M Venture (28.1 times as much). Rocky Brands grew faster (6.2% against -0.3%). Rocky Brands kept more of each dollar of sales as profit: a net margin of 4.6% against 1.4%.
| Latest fiscal year | Kandal M VentureFMFC, 2026 | Rocky BrandsRCKY, 2025 |
|---|---|---|
| Revenue | $17.1m | $482m |
| Revenue growth | -0.3% | 6.2% |
| Net income | $235,625 | $22.3m |
| Operating margin | 1.9% | 7.7% |
| Net margin | 1.4% | 4.6% |
| Return on equity | 5.6% | 9.2% |
| Free cash flow | −$1.9m | $9.7m |
| Cash | $3.6m | $2.9m |
| Total debt | — | $124m |
| Debt to equity | — | 49.3% |
| Dividend per share | — | $0.62 |
| Dividend yield | — | 1.2% |
| Share buybacks | — | $201,000 |
| Employees | — | 2,200 |
| Market value | $65.1m | $391m |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | — | 47 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |