PVH CORP (PVH) Stock Fundamental Analysis
USA - NYSE:PVH - US6936561009 - Common Stock
76.08 USD
-1.67 (-2.15%)
76.08 USD
0 (0%)
PVH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 48 industry peers in the Textiles, Apparel & Luxury Goods industry. PVH has an average financial health and profitability rating. PVH is cheap, but on the other hand it scores bad on growth.
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.
Each year in the past 5 years PVH had a positive operating cash flow.
1.2 Ratios
PVH has a Return On Assets of 4.03%. This is in the better half of the industry: PVH outperforms 60.42% of its industry peers.
PVH has a Return On Equity (9.63%) which is comparable to the rest of the industry.
PVH has a worse Return On Invested Capital (5.39%) than 62.50% of its industry peers.
PVH had an Average Return On Invested Capital over the past 3 years of 7.83%. This is below the industry average of 12.21%.
| 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 75.00% of its industry peers.
PVH's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 6.91%, PVH is in line with its industry, outperforming 56.25% of the companies in the same industry.
PVH's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 58.22%, PVH is doing good in the industry, outperforming 72.92% of the companies in the same industry.
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.
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.
PVH has a Debt to FCF ratio of 4.40. This is in the better half of the industry: PVH outperforms 64.58% 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.
The Debt to Equity ratio of PVH (0.46) 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/WACC0.57
WACC9.46%
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 79.17% 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.
With a Quick ratio value of 0.63, PVH is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for PVH have decreased by -7.95% in the last year.
PVH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.27% yearly.
Looking at the last year, PVH shows a decrease in Revenue. The Revenue has decreased by -1.14% in the last 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
Based on estimates for the next years, PVH will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.32% on average per year.
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-6.52%
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
A Price/Earnings ratio of 6.84 indicates a rather cheap valuation of PVH.
Based on the Price/Earnings ratio, PVH is valued cheaply inside the industry as 89.58% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.89, PVH is valued rather cheaply.
The Price/Forward Earnings ratio is 6.36, which 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 95.83% of the companies listed in the same industry.
PVH's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 6.36 |
4.2 Price Multiples
PVH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PVH is cheaper than 77.08% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PVH is valued cheaper than 89.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.1 | ||
| EV/EBITDA | 6.52 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.6
EPS Next 2Y0.88%
EPS Next 3Y4.55%
5. Dividend
5.1 Amount
PVH has a yearly dividend return of 0.19%, which is pretty low.
Compared to an average industry Dividend Yield of 3.34, PVH pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.19, PVH pays less dividend than the S&P500 average, which is at 2.44.
| 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
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%
76.08
-1.67 (-2.15%)
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-1.73%
Ins Owners0.87%
Ins Owner Change4.16%
Market Cap3.66B
Revenue(TTM)8.78B
Net Income(TTM)468.50M
Analysts78
Price Target98.74 (29.78%)
Short Float %8.76%
Short Ratio4
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)-0.52%
PT rev (3m)10.11%
EPS NQ rev (1m)1.75%
EPS NQ rev (3m)-12.62%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)0.07%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 6.36 | ||
| P/S | 0.42 | ||
| P/FCF | 7.1 | ||
| P/OCF | 5.57 | ||
| P/B | 0.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.52 |
EPS(TTM)11.12
EY14.62%
EPS(NY)11.97
Fwd EY15.73%
FCF(TTM)10.72
FCFY14.09%
OCF(TTM)13.65
OCFY17.94%
SpS182.41
BVpS101.13
TBVpS-3.94
PEG (NY)N/A
PEG (5Y)1.6
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
WACC9.46%
ROIC/WACC0.57
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%.