PVH CORP (PVH)
US6936561009 - Common Stock
Overall PVH gets a fundamental rating of 5 out of 10. We evaluated PVH against 51 industry peers in the Textiles, Apparel & Luxury Goods industry. PVH has an average financial health and profitability rating. PVH scores decently on growth, while it is valued quite cheap. This could make an interesting 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
The Return On Assets of PVH (6.29%) is better than 70.00% of its industry peers.
The Return On Equity of PVH (13.42%) is better than 70.00% of its industry peers.
The Return On Invested Capital of PVH (6.84%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for PVH is significantly below the industry average of 12.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.29% | ||
| ROE | 13.42% | ||
| ROIC | 6.84% |
ROA(3y)5.11%
ROA(5y)1.97%
ROE(3y)11.66%
ROE(5y)3.63%
ROIC(3y)6.89%
ROIC(5y)4.97%
1.3 Margins
Looking at the Profit Margin, with a value of 7.53%, PVH is in the better half of the industry, outperforming 74.00% of the companies in the same industry.
In the last couple of years the Profit Margin of PVH has remained more or less at the same level.
The Operating Margin of PVH (10.37%) is better than 74.00% of its industry peers.
PVH's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 58.94%, PVH is doing good in the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Gross Margin of PVH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.37% | ||
| PM (TTM) | 7.53% | ||
| GM | 58.94% |
OM growth 3Y181.01%
OM growth 5Y1.81%
PM growth 3YN/A
PM growth 5Y-1.41%
GM growth 3Y3.19%
GM growth 5Y1.14%
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
The debt/assets ratio for PVH has been reduced compared to a year ago.
2.2 Solvency
PVH has an Altman-Z score of 2.51. This is not the best score and indicates that PVH is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.51, PVH perfoms like the industry average, outperforming 44.00% of the companies in the same industry.
PVH has a debt to FCF ratio of 2.87. This is a good value and a sign of high solvency as PVH would need 2.87 years to pay back of all of its debts.
The Debt to FCF ratio of PVH (2.87) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.42 indicates that PVH is not too dependend on debt financing.
PVH has a Debt to Equity ratio (0.42) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 2.87 | ||
| Altman-Z | 2.51 |
ROIC/WACC0.96
WACC7.15%
2.3 Liquidity
A Current Ratio of 1.55 indicates that PVH should not have too much problems paying its short term obligations.
PVH has a worse Current ratio (1.55) than 74.00% of its industry peers.
A Quick Ratio of 0.83 indicates that PVH may have some problems paying its short term obligations.
PVH's Quick ratio of 0.83 is on the low side compared to the rest of the industry. PVH is outperformed by 76.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
PVH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.75%, which is quite impressive.
PVH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.29% yearly.
The Revenue has decreased by -2.80% in the past year.
PVH shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.93% yearly.
EPS 1Y (TTM)32.75%
EPS 3YN/A
EPS 5Y2.29%
EPS Q2Q%52.02%
Revenue 1Y (TTM)-2.8%
Revenue growth 3Y8.92%
Revenue growth 5Y-0.93%
Sales Q2Q%-6.01%
3.2 Future
The Earnings Per Share is expected to grow by 13.38% on average over the next years. This is quite good.
PVH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.80% yearly.
EPS Next Y9.95%
EPS Next 2Y9.98%
EPS Next 3Y13.03%
EPS Next 5Y13.38%
Revenue Next Year-5.7%
Revenue Next 2Y-1.81%
Revenue Next 3Y0.02%
Revenue Next 5Y1.8%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 7.84.
PVH's Price/Earnings ratio is rather cheap when compared to the industry. PVH is cheaper than 94.00% of the companies in the same industry.
PVH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 30.52.
A Price/Forward Earnings ratio of 7.29 indicates a rather cheap valuation of PVH.
Based on the Price/Forward Earnings ratio, PVH is valued cheaply inside the industry as 96.00% of the companies are valued more expensively.
PVH is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.84 | ||
| Fwd PE | 7.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PVH is valued cheaper than 90.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PVH is valued cheaper than 82.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.03 | ||
| EV/EBITDA | 5.69 |
4.3 Compensation for Growth
PVH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PVH has a very decent profitability rating, which may justify a higher PE ratio.
PVH's earnings are expected to grow with 13.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.79
PEG (5Y)3.42
EPS Next 2Y9.98%
EPS Next 3Y13.03%
5. Dividend
5.1 Amount
With a yearly dividend of 0.16%, PVH is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.98, PVH pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.16, PVH pays less dividend than the S&P500 average, which is at 2.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
5.2 History
The dividend of PVH has a limited annual growth rate of 0.42%.
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)0.42%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
PVH pays out 1.35% 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.
DP1.35%
EPS Next 2Y9.98%
EPS Next 3Y13.03%
PVH CORP
NYSE:PVH (9/13/2024, 8:04:00 PM)
After market: 94.72 0 (0%)94.72
+0.97 (+1.03%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.29B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.84 | ||
| Fwd PE | 7.29 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.79
PEG (5Y)3.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.29% | ||
| ROE | 13.42% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.37% | ||
| PM (TTM) | 7.53% | ||
| GM | 58.94% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.55 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)32.75%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y9.95%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-2.8%
Revenue growth 3Y8.92%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y