PVH CORP (PVH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PVH - US6936561009 - Common Stock
74.84 USD
-3.65 (-4.65%)
75.2 USD
+0.36 (+0.48%)
We assign a fundamental rating of 5 out of 10 to PVH. PVH was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. PVH has an average financial health and profitability rating. PVH may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year PVH was profitable.
PVH had a positive operating cash flow in the past year.
Of the past 5 years PVH 4 years were profitable.
In the past 5 years PVH always reported a positive cash flow from operatings.
1.2 Ratios
PVH has a Return On Assets (4.03%) which is comparable to the rest of the industry.
PVH has a Return On Equity of 9.63%. This is comparable to the rest of the industry: PVH outperforms 57.78% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.39%, PVH is doing worse than 60.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PVH is below the industry average of 11.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.03% | ||
| ROE | 9.63% | ||
| ROIC | 5.39% |
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
PVH has a better Profit Margin (5.34%) than 75.56% of its industry peers.
PVH's Profit Margin has improved in the last couple of years.
PVH has a Operating Margin (6.91%) which is comparable to the rest of the industry.
PVH's Operating Margin has been stable in the last couple of years.
The Gross Margin of PVH (58.22%) is better than 71.11% of its industry peers.
In the last couple of years the Gross Margin of PVH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.91% | ||
| PM (TTM) | 5.34% | ||
| GM | 58.22% |
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%
2. Health
2.1 Basic Checks
PVH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
PVH has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, PVH has less shares outstanding
Compared to 1 year ago, PVH has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of PVH is 4.40, which is a neutral value as it means it would take PVH, 4.40 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PVH (4.40) is better than 62.22% of its industry peers.
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 48.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 4.4 | ||
| Altman-Z | N/A |
ROIC/WACC0.52
WACC10.39%
2.3 Liquidity
A Current Ratio of 1.37 indicates that PVH should not have too much problems paying its short term obligations.
PVH has a Current ratio of 1.37. This is amonst the worse of the industry: PVH underperforms 80.00% of its industry peers.
A Quick Ratio of 0.63 indicates that PVH may have some problems paying its short term obligations.
PVH's Quick ratio of 0.63 is on the low side compared to the rest of the industry. PVH is outperformed by 91.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
PVH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.57%.
PVH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.27% yearly.
The Revenue has been growing slightly by 0.52% in the past 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
PVH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.32% yearly.
PVH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.55% yearly.
EPS Next Y-6.56%
EPS Next 2Y0.6%
EPS Next 3Y3.98%
EPS Next 5Y10.32%
Revenue Next Year3.06%
Revenue Next 2Y2.63%
Revenue Next 3Y2.51%
Revenue Next 5Y2.55%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.85 indicates a rather cheap valuation of PVH.
PVH's Price/Earnings ratio is rather cheap when compared to the industry. PVH is cheaper than 93.33% of the companies in the same industry.
PVH is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
PVH is valuated cheaply with a Price/Forward Earnings ratio of 6.29.
PVH's Price/Forward Earnings ratio is rather cheap when compared to the industry. PVH is cheaper than 97.78% of the companies in the same industry.
PVH is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.85 | ||
| Fwd PE | 6.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PVH is valued cheaper than 84.44% of the companies in the same industry.
88.89% of the companies in the same industry are more expensive than PVH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.98 | ||
| EV/EBITDA | 6.36 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.6
EPS Next 2Y0.6%
EPS Next 3Y3.98%
5. Dividend
5.1 Amount
PVH has a yearly dividend return of 0.19%, which is pretty low.
PVH's Dividend Yield is comparable with the industry average which is at 3.22.
With a Dividend Yield of 0.19, PVH pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
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
PVH pays out 1.75% of its income as dividend. This is a sustainable payout ratio.
PVH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP1.75%
EPS Next 2Y0.6%
EPS Next 3Y3.98%
74.84
-3.65 (-4.65%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners113.83%
Inst Owner Change-1.72%
Ins Owners0.84%
Ins Owner Change3.22%
Market Cap3.60B
Revenue(TTM)8.82B
Net Income(TTM)468.50M
Analysts77.89
Price Target99.89 (33.47%)
Short Float %8.44%
Short Ratio5.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
Yearly Dividend0.16
Dividend Growth(5Y)0.27%
DP1.75%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.82%
Min EPS beat(2)1.19%
Max EPS beat(2)24.44%
EPS beat(4)4
Avg EPS beat(4)10.55%
Min EPS beat(4)0.73%
Max EPS beat(4)24.44%
EPS beat(8)8
Avg EPS beat(8)11.68%
EPS beat(12)12
Avg EPS beat(12)14.6%
EPS beat(16)16
Avg EPS beat(16)17.64%
Revenue beat(2)2
Avg Revenue beat(2)1.32%
Min Revenue beat(2)1.13%
Max Revenue beat(2)1.51%
Revenue beat(4)4
Avg Revenue beat(4)0.96%
Min Revenue beat(4)0.58%
Max Revenue beat(4)1.51%
Revenue beat(8)5
Avg Revenue beat(8)0.26%
Revenue beat(12)8
Avg Revenue beat(12)0.63%
Revenue beat(16)10
Avg Revenue beat(16)0.06%
PT rev (1m)1.16%
PT rev (3m)4.18%
EPS NQ rev (1m)-1.16%
EPS NQ rev (3m)-7.2%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)0.39%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)0.04%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.85 | ||
| Fwd PE | 6.29 | ||
| P/S | 0.41 | ||
| P/FCF | 6.98 | ||
| P/OCF | 5.48 | ||
| P/B | 0.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.36 |
EPS(TTM)10.92
EY14.59%
EPS(NY)11.9
Fwd EY15.9%
FCF(TTM)10.72
FCFY14.32%
OCF(TTM)13.65
OCFY18.24%
SpS182.41
BVpS101.13
TBVpS-3.94
PEG (NY)N/A
PEG (5Y)1.6
Graham Number157.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.03% | ||
| ROE | 9.63% | ||
| ROCE | 6.58% | ||
| ROIC | 5.39% | ||
| ROICexc | 5.54% | ||
| ROICexgc | 12.7% | ||
| OM | 6.91% | ||
| PM (TTM) | 5.34% | ||
| GM | 58.22% | ||
| FCFM | 5.88% |
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 Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 4.4 | ||
| Debt/EBITDA | 2.55 | ||
| Cap/Depr | 51.03% | ||
| Cap/Sales | 1.61% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.35% | ||
| Profit Quality | 110.08% | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | N/A |
F-Score5
WACC10.39%
ROIC/WACC0.52
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-6.56%
EPS Next 2Y0.6%
EPS Next 3Y3.98%
EPS Next 5Y10.32%
Revenue 1Y (TTM)0.52%
Revenue growth 3Y-1.86%
Revenue growth 5Y-2.67%
Sales Q2Q%1.74%
Revenue Next Year3.06%
Revenue Next 2Y2.63%
Revenue Next 3Y2.51%
Revenue Next 5Y2.55%
EBIT growth 1Y-34.7%
EBIT growth 3Y-14.8%
EBIT growth 5Y-2.1%
EBIT Next Year21.46%
EBIT Next 3Y9.37%
EBIT Next 5Y8.2%
FCF growth 1Y409.59%
FCF growth 3Y-10.17%
FCF growth 5Y-2.92%
OCF growth 1Y64.84%
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 for PVH stock?
ChartMill assigns a valuation rating of 7 / 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 5 / 10.
What is the expected EPS growth for PVH CORP (PVH) stock?
The Earnings per Share (EPS) of PVH CORP (PVH) is expected to decline by -6.56% 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 1.75%.