Tapestry Valuation

Is COY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of COY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: COY (€63.44) is trading below our estimate of fair value (€90.07)

Significantly Below Fair Value: COY is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for COY?

Key metric: As COY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for COY. This is calculated by dividing COY's market cap by their current earnings.
What is COY's PE Ratio?
PE Ratio18.9x
EarningsUS$807.60m
Market CapUS$15.30b

Price to Earnings Ratio vs Peers

How does COY's PE Ratio compare to its peers?

The above table shows the PE ratio for COY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.3x
ADS adidas
109.5x32.4%€41.7b
BOSS Hugo Boss
13.6x13.3%€2.9b
BIJ Bijou Brigitte modische Accessoires
13.1xn/a€271.4m
PUM PUMA
24.9x16.8%€6.4b
COY Tapestry
18.9x8.5%€15.3b

Price-To-Earnings vs Peers: COY is good value based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (40.3x).


Price to Earnings Ratio vs Industry

How does COY's PE Ratio compare vs other companies in the European Luxury Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
COY 18.9xIndustry Avg. 15.8xNo. of Companies7PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: COY is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the European Luxury industry average (15.8x).


Price to Earnings Ratio vs Fair Ratio

What is COY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

COY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.9x
Fair PE Ratio19.7x

Price-To-Earnings vs Fair Ratio: COY is good value based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (19.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst COY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€63.44
€62.74
-1.1%
11.7%€77.16€50.15n/a19
Dec ’25€58.76
€58.93
+0.3%
9.9%€71.16€47.44n/a18
Nov ’25€42.98
€49.39
+14.9%
14.9%€60.68€36.78n/a18
Oct ’25€41.67
€44.08
+5.8%
10.9%€53.80€35.86n/a18
Sep ’25€36.81
€44.08
+19.8%
10.9%€53.80€35.86n/a18
Aug ’25€36.05
€46.02
+27.7%
10.8%€55.41€38.79n/a18
Jul ’25€39.36
€46.43
+18.0%
10.5%€55.53€38.87n/a18
Jun ’25€38.67
€46.56
+20.4%
10.5%€55.69€38.98n/a18
May ’25€37.48
€47.42
+26.5%
11.0%€56.33€38.49n/a20
Apr ’25€43.80
€45.72
+4.4%
13.4%€55.06€30.28n/a20
Mar ’25€43.40
€45.98
+5.9%
13.3%€55.66€30.61n/a20
Feb ’25€36.60
€39.87
+8.9%
18.7%€55.34€26.75n/a20
Jan ’25€33.20
€38.12
+14.8%
19.7%€55.15€26.66€62.3720
Dec ’24€28.80
€38.83
+34.8%
19.9%€56.06€27.10€58.7619
Nov ’24€25.00
€44.35
+77.4%
15.7%€56.65€31.16€42.9818
Oct ’24€27.00
€44.35
+64.3%
15.7%€56.65€31.16€41.6718
Sep ’24€31.00
€45.43
+46.5%
12.7%€55.32€32.27€36.8118
Aug ’24€38.80
€47.02
+21.2%
10.1%€54.63€37.33€36.0520
Jul ’24€39.00
€47.62
+22.1%
10.0%€55.85€38.16€39.3619
Jun ’24€36.60
€47.35
+29.4%
9.7%€55.70€38.06€38.6719
May ’24€36.80
€46.15
+25.4%
11.3%€55.31€35.31€37.4820
Apr ’24€38.22
€46.15
+20.8%
11.3%€55.31€35.31€43.8020
Mar ’24€40.44
€48.16
+19.1%
12.1%€61.31€36.12€43.4022
Feb ’24€42.41
€41.76
-1.5%
13.1%€54.62€30.04€36.6022
Jan ’24€34.75
€41.80
+20.3%
14.5%€56.57€31.11€33.2022

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 11:24
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/28
Annual Earnings2024/06/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tapestry, Inc. is covered by 65 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Daniela NedialkovaAtlantic Equities LLP
Jeff BlackAvondale Partners