PVH CORP (PVH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PVH - US6936561009 - Common Stock
77.86 USD
+1.24 (+1.62%)
77.86 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. Both the profitability and the financial health of PVH get a neutral evaluation. Nothing too spectacular is happening here. PVH has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
PVH had positive earnings in the past year.
In the past year PVH had a positive cash flow from operations.
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
PVH's Return On Assets of 4.03% is in line compared to the rest of the industry. PVH outperforms 58.70% of its industry peers.
Looking at the Return On Equity, with a value of 9.63%, PVH is in line with its industry, 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.
Measured over the past 3 years, the Average Return On Invested Capital 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 has a Profit Margin of 5.34%. This is in the better half of the industry: PVH outperforms 73.91% 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 in line with its industry peers.
PVH's Operating Margin has been stable in the last couple of years.
The Gross Margin of PVH (58.22%) is better 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
PVH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PVH has been reduced compared to 1 year ago.
Compared to 5 years ago, PVH has less shares outstanding
PVH has a better debt/assets ratio than last year.
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 63.04% 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.
With a Debt to Equity ratio value of 0.46, PVH perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 4.4 | ||
| Altman-Z | N/A |
ROIC/WACC0.54
WACC9.97%
2.3 Liquidity
A Current Ratio of 1.37 indicates that PVH should not have too much problems paying its short term obligations.
The Current ratio of PVH (1.37) is worse than 78.26% of its industry peers.
PVH has a Quick Ratio of 1.37. This is a bad value and indicates that PVH is not financially healthy enough and could expect problems in meeting 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%.
The Earnings Per Share has been growing slightly by 4.27% on average over the past years.
The Revenue has decreased by -1.14% in the past year.
The Revenue has been decreasing by -2.67% on average over the past years.
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
The Earnings Per Share is expected to grow by 10.32% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.55% on average over the next years.
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
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
With a Price/Earnings ratio of 7.00, the valuation of PVH can be described as very cheap.
Based on the Price/Earnings ratio, PVH is valued cheaply inside the industry as 89.13% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.65. PVH is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.51 indicates a rather cheap valuation of PVH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PVH indicates a rather cheap valuation: PVH is cheaper than 97.83% of the companies listed in the same industry.
PVH is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.45, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 6.51 |
4.2 Price Multiples
80.43% of the companies in the same industry are more expensive than PVH, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PVH is valued cheaply inside the industry as 89.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.27 | ||
| EV/EBITDA | 6.46 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.64
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 3.54, PVH has a dividend in line with its industry peers.
With a Dividend Yield of 0.21, PVH pays less dividend than the S&P500 average, which is at 2.41.
| 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.
PVH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP1.75%
EPS Next 2Y0.88%
EPS Next 3Y4.55%
77.86
+1.24 (+1.62%)
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 Cap3.75B
Revenue(TTM)8.78B
Net Income(TTM)468.50M
Analysts78
Price Target98.44 (26.43%)
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 | ||
| Fwd PE | 6.51 | ||
| P/S | 0.43 | ||
| P/FCF | 7.27 | ||
| P/OCF | 5.7 | ||
| P/B | 0.77 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.46 |
EPS(TTM)11.12
EY14.28%
EPS(NY)11.97
Fwd EY15.37%
FCF(TTM)10.72
FCFY13.76%
OCF(TTM)13.65
OCFY17.53%
SpS182.41
BVpS101.13
TBVpS-3.94
PEG (NY)N/A
PEG (5Y)1.64
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
WACC9.97%
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%.