Market Cap
US$4.5b
Last Updated
2020/06/06 03:01 UTC
Data Sources
Company Financials +
Executive Summary
PVH Corp. operates as an apparel company in the United States and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with adequate balance sheet.
Similar Companies
Share Price & News
How has PVH's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PVH's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
38.0%
PVH
8.8%
US Luxury
3.8%
US Market
1 Year Return
-29.0%
PVH
8.6%
US Luxury
9.7%
US Market
Return vs Industry: PVH underperformed the US Luxury industry which returned 8% over the past year.
Return vs Market: PVH underperformed the US Market which returned 9.2% over the past year.
Shareholder returns
| PVH | Industry | Market | |
|---|---|---|---|
| 7 Day | 38.0% | 8.8% | 3.8% |
| 30 Day | 46.1% | 22.4% | 11.4% |
| 90 Day | -9.3% | 12.4% | 6.8% |
| 1 Year | -28.8%-29.0% | 9.9%8.6% | 12.1%9.7% |
| 3 Year | -40.3%-40.6% | 63.8%56.2% | 36.2%27.2% |
| 5 Year | -43.9%-44.3% | 43.1%33.6% | 63.7%45.4% |
Price Volatility Vs. Market
How volatile is PVH's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
What Kind Of Share Price Volatility Should You Expect For PVH Corp. (NYSE:PVH)?3 months ago | Simply Wall St
Should PVH Corp.’s (NYSE:PVH) Weak Investment Returns Worry You?3 months ago | Simply Wall St
If You Had Bought PVH (NYSE:PVH) Stock A Year Ago, You'd Be Sitting On A 25% Loss, TodayValuation
Is PVH undervalued compared to its fair value and its price relative to the market?
36.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PVH ($57.13) is trading below our estimate of fair value ($100.51)
Significantly Below Fair Value: PVH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PVH is good value based on its PE Ratio (10.2x) compared to the Luxury industry average (16.7x).
PE vs Market: PVH is good value based on its PE Ratio (10.2x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: PVH is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: PVH is good value based on its PB Ratio (0.7x) compared to the US Luxury industry average (1x).
Next Steps
Future Growth
How is PVH forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
26.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PVH's forecast earnings growth (26.8% per year) is above the savings rate (2.2%).
Earnings vs Market: PVH's earnings (26.8% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PVH's revenue (0.7% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: PVH's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PVH's Return on Equity is forecast to be low in 3 years time (8.3%).
Next Steps
Past Performance
How has PVH performed over the past 5 years?
4.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PVH has a large one-off loss of $208.7M impacting its February 2 2020 financial results.
Growing Profit Margin: PVH's current net profit margins (4.2%) are lower than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: PVH's earnings have grown by 4.5% per year over the past 5 years.
Accelerating Growth: PVH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PVH had negative earnings growth (-44.1%) over the past year, making it difficult to compare to the Luxury industry average (-10.8%).
Return on Equity
High ROE: PVH's Return on Equity (7.1%) is considered low.
Next Steps
Financial Health
How is PVH's financial position?
Financial Position Analysis
Short Term Liabilities: PVH's short term assets ($3.4B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: PVH's short term assets ($3.4B) do not cover its long term liabilities ($5.5B).
Debt to Equity History and Analysis
Debt Level: PVH's debt to equity ratio (47.6%) is considered high.
Reducing Debt: PVH's debt to equity ratio has reduced from 80.8% to 47.6% over the past 5 years.
Debt Coverage: PVH's debt is well covered by operating cash flow (36.9%).
Interest Coverage: PVH's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
Next Steps
Dividend
What is PVH's current dividend yield, its reliability and sustainability?
0.15%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PVH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PVH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PVH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PVH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PVH is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PVH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Manny Chirico (61yo)
14.33yrs
Tenure
US$17,464,313
Compensation
Mr. Emanuel Chirico, also known as Manny, has been the Chief Executive Officer at PVH Corp. since February 27, 2006 and served as its President since June 14, 2005. Mr. Chirico serves as the Chief Executiv ...
CEO Compensation Analysis
Compensation vs Market: Manny's total compensation ($USD17.46M) is above average for companies of similar size in the US market ($USD5.86M).
Compensation vs Earnings: Manny's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14.33yrs | US$17.46m | 0.55% $24.5m | |
| President | 1yr | US$7.00m | no data | |
| Executive VP and Chief Operating & Financial Officer | 8.33yrs | US$10.19m | 0.046% $2.1m | |
| Chief Executive Officer of Calvin Klein | 1yr | US$4.66m | 0.0018% $81.5k | |
| Chief Information Officer & Executive VP | 5.33yrs | no data | no data | |
| Senior VP of Business Development & Investor Relations and Treasurer | no data | no data | 0.0055% $246.6k | |
| Executive VP | 21.42yrs | no data | 0.014% $633.4k | |
| Executive VP & Chief Human Resources Officer | 5yrs | no data | 0.018% $798.1k | |
| Executive Officer | no data | US$6.87m | 0.015% $671.3k | |
| Group Executive Vice President of Logistics Services - Pvh Logistics | no data | no data | no data |
5.3yrs
Average Tenure
56.5yo
Average Age
Experienced Management: PVH's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14.33yrs | US$17.46m | 0.55% $24.5m | |
| Independent Director | 13.75yrs | US$275.06k | 0.016% $696.6k | |
| Independent Presiding Director | 13.42yrs | US$320.06k | 0.011% $467.4k | |
| Independent Director | 29.42yrs | US$275.06k | 0.032% $1.4m | |
| Independent Director | 13.42yrs | US$270.06k | 0.030% $1.3m | |
| Independent Director | 13.42yrs | US$260.06k | 0.014% $621.4k | |
| Independent Director | 6.42yrs | US$270.06k | 0.0014% $62.8k | |
| Independent Director | 6.42yrs | US$260.06k | 0.0074% $328.1k | |
| Independent Director | 9.42yrs | US$290.06k | 0.0067% $299.6k | |
| Independent Director | 3.5yrs | US$285.06k | 0.0019% $86.4k |
13.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: PVH's board of directors are seasoned and experienced ( 13.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PVH Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: PVH Corp.
- Ticker: PVH
- Exchange: NYSE
- Founded: 1881
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: US$4.451b
- Shares outstanding: 70.94m
- Website: https://www.pvh.com
Number of Employees
Location
- PVH Corp.
- 200 Madison Avenue
- New York
- New York
- 10016
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PVH | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| PVH | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| 0KEQ | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| PVH * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| P1VH34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
PVH Corp. operates as an apparel company in the United States and internationally. The company operates through six segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men’s and women’s apparel and accessories, including branded dress shirts, neckwear, sportswear, jeans wear, performance apparel, intimate apparel, underwear, outerwear, luggage products, swimwear, swim products, handbags, accessories, footwear, sleepwear, loungewear, hats, scarves, gloves, socks, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, fragrance, bath products, cosmetics, furnishings, small leather goods, accessories, and other products. The company offers its products under its own brands, such as Tommy Hilfiger, Calvin Klein, Van Heusen, IZOD, ARROW, Warner’s, Olga, Geoffrey Beene, and True&Co.; and licensed brands comprising Speedo, Kenneth Cole New York, Kenneth Cole Reaction, Unlisted, a Kenneth Cole Production, MICHAEL Michael Kors, Michael Kors Collection, DKNY, and Chaps, as well as various other licensed and private label brands. It also licenses its own brands over various products. The company distributes its products at wholesale in department, chain, and specialty stores, as well as through warehouse clubs, mass market, and off-price and independent retailers; and through company-operated full-price specialty and outlet stores, as well as through digital commerce sites. PVH Corp. was founded in 1881 and is based in New York, New York.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 03:01 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/02/02 |
| Annual Earnings | 2020/02/02 |
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.