PVH CORP (PVH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PVH - US6936561009 - Common Stock
65.51 USD
+0.96 (+1.49%)
65.63 USD
+0.12 (+0.18%)
Taking everything into account, PVH scores 5 out of 10 in our fundamental rating. PVH was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. PVH has an average financial health and profitability rating. PVH is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year PVH was profitable.
In the past year PVH had a positive cash flow from operations.
Of the past 5 years PVH 4 years were profitable.
Each year in the past 5 years PVH had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.98%, PVH is in line with its industry, outperforming 53.33% of the companies in the same industry.
PVH has a Return On Equity of 6.99%. This is comparable to the rest of the industry: PVH outperforms 55.56% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.85%, PVH is in line with its industry, outperforming 46.67% of the companies in the same industry.
PVH had an Average Return On Invested Capital over the past 3 years of 7.83%. This is below the industry average of 11.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 6.99% | ||
| ROIC | 5.85% |
ROA(3y)4.36%
ROA(5y)2.44%
ROE(3y)9.53%
ROE(5y)4.52%
ROIC(3y)7.83%
ROIC(5y)6.46%
1.3 Margins
The Profit Margin of PVH (3.87%) is better than 62.22% of its industry peers.
PVH's Profit Margin has improved in the last couple of years.
The Operating Margin of PVH (7.44%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of PVH has remained more or less at the same level.
The Gross Margin of PVH (57.69%) is better than 71.11% of its industry peers.
PVH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.44% | ||
| PM (TTM) | 3.87% | ||
| GM | 57.69% |
OM growth 3Y-13.18%
OM growth 5Y0.59%
PM growth 3Y-12.72%
PM growth 5Y10.43%
GM growth 3Y0.72%
GM growth 5Y1.79%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PVH is destroying value.
Compared to 1 year ago, PVH has less shares outstanding
PVH has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PVH has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.11 indicates that PVH is not a great score, but indicates only limited risk for bankruptcy at the moment.
PVH's Altman-Z score of 2.11 is on the low side compared to the rest of the industry. PVH is outperformed by 71.11% of its industry peers.
PVH has a debt to FCF ratio of 5.11. This is a neutral value as PVH would need 5.11 years to pay back of all of its debts.
PVH has a Debt to FCF ratio (5.11) which is comparable to the rest of the industry.
PVH has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.46, PVH is in line with its industry, outperforming 46.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 5.11 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.56
WACC10.4%
2.3 Liquidity
PVH has a Current Ratio of 1.47. This is a normal value and indicates that PVH is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of PVH (1.47) is worse than 75.56% of its industry peers.
PVH has a Quick Ratio of 1.47. This is a bad value and indicates that PVH is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.72, PVH is doing worse than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The earnings per share for PVH have decreased strongly by -10.57% in the last year.
Measured over the past 5 years, PVH shows a small growth in Earnings Per Share. The EPS has been growing by 4.27% on average per year.
Looking at the last year, PVH shows a small growth in Revenue. The Revenue has grown by 0.52% in the last year.
Measured over the past years, PVH shows a decrease in Revenue. The Revenue has been decreasing by -2.67% on average per year.
EPS 1Y (TTM)-10.57%
EPS 3Y5.03%
EPS 5Y4.27%
EPS Q2Q%-6.6%
Revenue 1Y (TTM)0.52%
Revenue growth 3Y-1.86%
Revenue growth 5Y-2.67%
Sales Q2Q%1.74%
3.2 Future
Based on estimates for the next years, PVH will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.35% on average per year.
The Revenue is expected to grow by 3.13% on average over the next years.
EPS Next Y-6.45%
EPS Next 2Y1.46%
EPS Next 3Y5.55%
EPS Next 5Y13.35%
Revenue Next Year3.07%
Revenue Next 2Y2.42%
Revenue Next 3Y2.59%
Revenue Next 5Y3.13%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PVH is valuated cheaply with a Price/Earnings ratio of 6.00.
Compared to the rest of the industry, the Price/Earnings ratio of PVH indicates a rather cheap valuation: PVH is cheaper than 95.56% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, PVH is valued rather cheaply.
The Price/Forward Earnings ratio is 5.41, which indicates a rather cheap valuation of PVH.
Based on the Price/Forward Earnings ratio, PVH is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 24.04. PVH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6 | ||
| Fwd PE | 5.41 |
4.2 Price Multiples
PVH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PVH is cheaper than 88.89% of the companies in the same industry.
PVH's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PVH is cheaper than 88.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.13 | ||
| EV/EBITDA | 5.58 |
4.3 Compensation for Growth
The decent profitability rating of PVH may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.4
EPS Next 2Y1.46%
EPS Next 3Y5.55%
5. Dividend
5.1 Amount
With a yearly dividend of 0.22%, PVH is not a good candidate for dividend investing.
PVH's Dividend Yield is comparable with the industry average which is at 1.46.
With a Dividend Yield of 0.22, PVH pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.22% |
5.2 History
The dividend of PVH has a limited annual growth rate of 0.27%.
PVH has been paying a dividend for at least 10 years, so it has a reliable track record.
PVH has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.27%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
2.32% of the earnings are spent on dividend by PVH. This is a low number and sustainable payout ratio.
PVH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP2.32%
EPS Next 2Y1.46%
EPS Next 3Y5.55%
65.51
+0.96 (+1.49%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners121.35%
Inst Owner Change0.06%
Ins Owners0.9%
Ins Owner Change-0.05%
Market Cap3.15B
Revenue(TTM)8.82B
Net Income(TTM)340.80M
Analysts78.82
Price Target98.56 (50.45%)
Short Float %7%
Short Ratio4.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.22% |
Yearly Dividend0.16
Dividend Growth(5Y)0.27%
DP2.32%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.04%
Min EPS beat(2)9.65%
Max EPS beat(2)24.44%
EPS beat(4)4
Avg EPS beat(4)9%
Min EPS beat(4)0.73%
Max EPS beat(4)24.44%
EPS beat(8)8
Avg EPS beat(8)12.31%
EPS beat(12)12
Avg EPS beat(12)13.77%
EPS beat(16)16
Avg EPS beat(16)16.53%
Revenue beat(2)1
Avg Revenue beat(2)0.35%
Min Revenue beat(2)-0.42%
Max Revenue beat(2)1.13%
Revenue beat(4)3
Avg Revenue beat(4)0.71%
Min Revenue beat(4)-0.42%
Max Revenue beat(4)1.51%
Revenue beat(8)5
Avg Revenue beat(8)0.56%
Revenue beat(12)7
Avg Revenue beat(12)0.5%
Revenue beat(16)10
Avg Revenue beat(16)0.29%
PT rev (1m)-1.34%
PT rev (3m)-0.71%
EPS NQ rev (1m)-7.92%
EPS NQ rev (3m)-9.46%
EPS NY rev (1m)0.12%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)-0.81%
Revenue NQ rev (3m)-1.36%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6 | ||
| Fwd PE | 5.41 | ||
| P/S | 0.36 | ||
| P/FCF | 7.13 | ||
| P/OCF | 5.4 | ||
| P/B | 0.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.58 |
EPS(TTM)10.92
EY16.67%
EPS(NY)12.11
Fwd EY18.48%
FCF(TTM)9.18
FCFY14.02%
OCF(TTM)12.13
OCFY18.52%
SpS183.22
BVpS101.39
TBVpS-3.45
PEG (NY)N/A
PEG (5Y)1.4
Graham Number157.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 6.99% | ||
| ROCE | 7.14% | ||
| ROIC | 5.85% | ||
| ROICexc | 5.95% | ||
| ROICexgc | 13.48% | ||
| OM | 7.44% | ||
| PM (TTM) | 3.87% | ||
| GM | 57.69% | ||
| FCFM | 5.01% |
ROA(3y)4.36%
ROA(5y)2.44%
ROE(3y)9.53%
ROE(5y)4.52%
ROIC(3y)7.83%
ROIC(5y)6.46%
ROICexc(3y)8.49%
ROICexc(5y)7.11%
ROICexgc(3y)27.32%
ROICexgc(5y)23.92%
ROCE(3y)9.59%
ROCE(5y)7.9%
ROICexgc growth 3Y-15.06%
ROICexgc growth 5Y7.78%
ROICexc growth 3Y-11.76%
ROICexc growth 5Y5.22%
OM growth 3Y-13.18%
OM growth 5Y0.59%
PM growth 3Y-12.72%
PM growth 5Y10.43%
GM growth 3Y0.72%
GM growth 5Y1.79%
F-Score5
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 5.11 | ||
| Debt/EBITDA | 2.41 | ||
| Cap/Depr | 51.3% | ||
| Cap/Sales | 1.61% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 62.6% | ||
| Profit Quality | 129.67% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 2.11 |
F-Score5
WACC10.4%
ROIC/WACC0.56
Cap/Depr(3y)78.13%
Cap/Depr(5y)77.89%
Cap/Sales(3y)2.57%
Cap/Sales(5y)2.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.57%
EPS 3Y5.03%
EPS 5Y4.27%
EPS Q2Q%-6.6%
EPS Next Y-6.45%
EPS Next 2Y1.46%
EPS Next 3Y5.55%
EPS Next 5Y13.35%
Revenue 1Y (TTM)0.52%
Revenue growth 3Y-1.86%
Revenue growth 5Y-2.67%
Sales Q2Q%1.74%
Revenue Next Year3.07%
Revenue Next 2Y2.42%
Revenue Next 3Y2.59%
Revenue Next 5Y3.13%
EBIT growth 1Y-17.43%
EBIT growth 3Y-14.8%
EBIT growth 5Y-2.1%
EBIT Next Year21.23%
EBIT Next 3Y8.95%
EBIT Next 5Y11.87%
FCF growth 1Y20.08%
FCF growth 3Y-10.17%
FCF growth 5Y-2.92%
OCF growth 1Y-6.85%
OCF growth 3Y-11.56%
OCF growth 5Y-6.2%
PVH CORP / PVH FAQ
What is the ChartMill fundamental rating of PVH CORP (PVH) stock?
ChartMill assigns a fundamental rating of 5 / 10 to PVH.
What is the valuation status of PVH CORP (PVH) stock?
ChartMill assigns a valuation rating of 8 / 10 to PVH CORP (PVH). This can be considered as Undervalued.
What is the profitability of PVH stock?
PVH CORP (PVH) has a profitability rating of 6 / 10.
What is the earnings growth outlook for PVH CORP?
The Earnings per Share (EPS) of PVH CORP (PVH) is expected to decline by -6.45% in the next year.
Can you provide the dividend sustainability for PVH stock?
The dividend rating of PVH CORP (PVH) is 5 / 10 and the dividend payout ratio is 2.32%.