PVH CORP (PVH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PVH - US6936561009 - Common Stock
78.49 USD
+1.33 (+1.72%)
78.28 USD
-0.21 (-0.27%)
Overall PVH gets a fundamental rating of 5 out of 10. We evaluated PVH against 45 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 is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year PVH was profitable.
PVH had a positive operating cash flow in the past year.
PVH had positive earnings in 4 of the past 5 years.
PVH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 4.03%, PVH perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
PVH has a Return On Equity (9.63%) which is comparable to the rest of the industry.
The Return On Invested Capital of PVH (5.39%) is worse than 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
With a decent Profit Margin value of 5.34%, PVH is doing good in the industry, outperforming 75.56% of the companies in the same industry.
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.
PVH has a Gross Margin of 58.22%. This is in the better half of the industry: PVH outperforms 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.
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.
PVH's Debt to FCF ratio of 4.40 is fine compared to the rest of the industry. PVH outperforms 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.
PVH has a Debt to Equity ratio of 0.46. This is comparable to the rest of the industry: PVH outperforms 48.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 4.4 | ||
| Altman-Z | N/A |
ROIC/WACC0.52
WACC10.41%
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 has a worse Quick ratio (0.63) than 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%.
The Earnings Per Share has been growing slightly by 4.27% on average over the past years.
PVH shows a small growth in Revenue. In the last year, the Revenue has grown by 0.52%.
The Revenue has been decreasing by -2.67% on average over the past years.
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
The Earnings Per Share is expected to grow by 10.32% on average over the next years. This is quite good.
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-6.56%
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
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
A Price/Earnings ratio of 7.19 indicates a rather cheap valuation of PVH.
91.11% of the companies in the same industry are more expensive than PVH, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of PVH to the average of the S&P500 Index (26.49), we can say PVH is valued rather cheaply.
The Price/Forward Earnings ratio is 6.60, 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 97.78% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PVH to the average of the S&P500 Index (23.69), we can say PVH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.19 | ||
| Fwd PE | 6.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PVH is valued cheaply inside the industry as 82.22% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PVH is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.32 | ||
| EV/EBITDA | 6.56 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.68
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
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 2Y0.6%
EPS Next 3Y3.98%
78.49
+1.33 (+1.72%)
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 Cap3.78B
Revenue(TTM)8.82B
Net Income(TTM)468.50M
Analysts77.89
Price Target99.89 (27.26%)
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 | 7.19 | ||
| Fwd PE | 6.6 | ||
| P/S | 0.43 | ||
| P/FCF | 7.32 | ||
| P/OCF | 5.75 | ||
| P/B | 0.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.56 |
EPS(TTM)10.92
EY13.91%
EPS(NY)11.9
Fwd EY15.16%
FCF(TTM)10.72
FCFY13.65%
OCF(TTM)13.65
OCFY17.39%
SpS182.41
BVpS101.13
TBVpS-3.94
PEG (NY)N/A
PEG (5Y)1.68
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
WACC10.41%
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%.