PVH CORP (PVH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PVH - US6936561009 - Common Stock
84.19 USD
+2.16 (+2.63%)
84.19 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to PVH. PVH was compared to 46 industry peers in the Textiles, Apparel & Luxury Goods industry. PVH has an average financial health and profitability rating. PVH is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PVH had positive earnings in the past year.
PVH had a positive operating cash flow in the past year.
PVH had positive earnings in 4 of the past 5 years.
In the past 5 years PVH always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PVH (4.03%) is comparable to the rest of the industry.
With a Return On Equity value of 9.63%, PVH perfoms like the industry average, outperforming 56.52% of the companies in the same industry.
PVH has a Return On Invested Capital of 5.39%. This is comparable to the rest of the industry: PVH outperforms 41.30% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PVH is below the industry average of 11.99%.
| 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's Profit Margin of 5.34% is fine compared to the rest of the industry. PVH outperforms 73.91% of its industry peers.
In the last couple of years the Profit Margin of PVH has grown nicely.
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.
PVH has a better Gross Margin (58.22%) than 71.74% of its industry peers.
PVH's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PVH is destroying value.
The number of shares outstanding for PVH has been reduced compared to 1 year ago.
The number of shares outstanding for PVH has been reduced compared to 5 years ago.
The debt/assets ratio for PVH has been reduced compared to a year ago.
2.2 Solvency
PVH has a debt to FCF ratio of 4.40. This is a neutral value as PVH would need 4.40 years to pay back of all of its debts.
The Debt to FCF ratio of PVH (4.40) is better than 63.04% of its industry peers.
A Debt/Equity ratio of 0.46 indicates that PVH is not too dependend on debt financing.
PVH has a Debt to Equity ratio (0.46) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 4.4 | ||
| Altman-Z | N/A |
ROIC/WACC0.54
WACC10.01%
2.3 Liquidity
PVH has a Current Ratio of 1.37. This is a normal value and indicates that PVH is financially healthy and should not expect problems in meeting its short term obligations.
PVH has a Current ratio of 1.37. This is in the lower half of the industry: PVH underperforms 78.26% of its industry peers.
A Quick Ratio of 0.63 indicates that PVH may have some problems paying its short term obligations.
The Quick ratio of PVH (0.63) is worse than 89.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
PVH shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.95%.
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 decreased by -1.14% in the past year.
PVH shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.67% yearly.
EPS 1Y (TTM)-7.95%
EPS 3Y5.03%
EPS 5Y4.27%
EPS Q2Q%-16.28%
Revenue 1Y (TTM)-1.14%
Revenue growth 3Y-1.86%
Revenue growth 5Y-2.67%
Sales Q2Q%4.48%
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.
Based on estimates for the next years, PVH will show a small growth in Revenue. The Revenue will grow by 2.55% on average per year.
EPS Next Y-6.52%
EPS Next 2Y0.88%
EPS Next 3Y4.55%
EPS Next 5Y10.32%
Revenue Next Year3.11%
Revenue Next 2Y2.67%
Revenue Next 3Y2.52%
Revenue Next 5Y2.55%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 7.57, which indicates a rather cheap valuation of PVH.
PVH's Price/Earnings ratio is rather cheap when compared to the industry. PVH is cheaper than 89.13% of the companies in the same industry.
PVH is valuated cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.03, the valuation of PVH can be described as very cheap.
Based on the Price/Forward Earnings ratio, PVH is valued cheaper than 95.65% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, PVH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.57 | ||
| Fwd PE | 7.03 |
4.2 Price Multiples
PVH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PVH is cheaper than 80.43% 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 89.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.86 | ||
| EV/EBITDA | 6.87 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.77
EPS Next 2Y0.88%
EPS Next 3Y4.55%
5. Dividend
5.1 Amount
PVH has a yearly dividend return of 0.21%, which is pretty low.
Compared to an average industry Dividend Yield of 3.52, PVH has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, PVH's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.21% |
5.2 History
The dividend of PVH has a limited annual growth rate of 0.27%.
PVH has paid a dividend for at least 10 years, which is 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
1.75% of the earnings are spent on dividend by PVH. This is a low number and sustainable payout ratio.
The dividend of PVH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP1.75%
EPS Next 2Y0.88%
EPS Next 3Y4.55%
84.19
+2.16 (+2.63%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners114.4%
Inst Owner Change-1.72%
Ins Owners0.87%
Ins Owner Change3.22%
Market Cap4.05B
Revenue(TTM)8.78B
Net Income(TTM)468.50M
Analysts78
Price Target98.44 (16.93%)
Short Float %7.74%
Short Ratio4.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.21% |
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)-0.83%
PT rev (3m)9.77%
EPS NQ rev (1m)0.58%
EPS NQ rev (3m)-13.77%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)0.44%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)-0.3%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.57 | ||
| Fwd PE | 7.03 | ||
| P/S | 0.46 | ||
| P/FCF | 7.86 | ||
| P/OCF | 6.17 | ||
| P/B | 0.83 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.87 |
EPS(TTM)11.12
EY13.21%
EPS(NY)11.97
Fwd EY14.22%
FCF(TTM)10.72
FCFY12.73%
OCF(TTM)13.65
OCFY16.21%
SpS182.41
BVpS101.13
TBVpS-3.94
PEG (NY)N/A
PEG (5Y)1.77
Graham Number159.07
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
WACC10.01%
ROIC/WACC0.54
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)-7.95%
EPS 3Y5.03%
EPS 5Y4.27%
EPS Q2Q%-16.28%
EPS Next Y-6.52%
EPS Next 2Y0.88%
EPS Next 3Y4.55%
EPS Next 5Y10.32%
Revenue 1Y (TTM)-1.14%
Revenue growth 3Y-1.86%
Revenue growth 5Y-2.67%
Sales Q2Q%4.48%
Revenue Next Year3.11%
Revenue Next 2Y2.67%
Revenue Next 3Y2.52%
Revenue Next 5Y2.55%
EBIT growth 1Y-34.7%
EBIT growth 3Y-14.8%
EBIT growth 5Y-2.1%
EBIT Next Year22.03%
EBIT Next 3Y9.69%
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 -6.52% 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%.