NYSE:PVH

Stock Analysis Report

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Executive Summary

PVH Corp. operates as an apparel company in the United States and internationally. More Details


Snowflake Analysis

Fair value with moderate growth potential.


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

-4.9%

PVH

5.0%

US Luxury

-0.8%

US Market


1 Year Return

-30.3%

PVH

15.0%

US Luxury

13.8%

US Market

Return vs Industry: PVH underperformed the US Luxury industry which returned 15% over the past year.

Return vs Market: PVH underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

PVHIndustryMarket
7 Day-4.9%5.0%-0.8%
30 Day7.4%4.2%-5.7%
90 Day28.0%21.3%8.6%
1 Year-30.2%-30.3%16.3%15.0%16.4%13.8%
3 Year-51.4%-51.6%77.6%69.4%36.9%27.8%
5 Year-40.0%-40.4%51.9%42.1%85.0%64.2%

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

Valuation

Is PVH undervalued compared to its fair value and its price relative to the market?

45.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PVH ($61.5) is trading below our estimate of fair value ($113.74)

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


Price To Earnings Ratio

PE vs Industry: PVH is unprofitable, so we can't compare its PE Ratio to the US Luxury industry average.

PE vs Market: PVH is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PVH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PVH is good value based on its PB Ratio (1x) compared to the US Luxury industry average (1.3x).


Next Steps

Future Growth

How is PVH forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

60.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PVH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: PVH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PVH's is expected to become profitable in the next 3 years.

Revenue vs Market: PVH's revenue (8.4% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: PVH's revenue (8.4% 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 (9.7%).


Next Steps

Past Performance

How has PVH performed over the past 5 years?

-21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PVH is currently unprofitable.

Growing Profit Margin: PVH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PVH is unprofitable, and losses have increased over the past 5 years at a rate of 21.2% per year.

Accelerating Growth: Unable to compare PVH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PVH is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-54.2%).


Return on Equity

High ROE: PVH has a negative Return on Equity (-22.02%), as it is currently unprofitable.


Next Steps

Financial Health

How is PVH's financial position?


Financial Position Analysis

Short Term Liabilities: PVH's short term assets ($3.8B) exceed its short term liabilities ($2.5B).

Long Term Liabilities: PVH's short term assets ($3.8B) do not cover its long term liabilities ($6.1B).


Debt to Equity History and Analysis

Debt Level: PVH's debt to equity ratio (78.5%) is considered high.

Reducing Debt: PVH's debt to equity ratio has increased from 76.6% to 78.5% over the past 5 years.

Debt Coverage: PVH's debt is well covered by operating cash flow (26.4%).

Interest Coverage: PVH is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is PVH 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?

5.4yrs

Average management tenure


CEO

Manny Chirico (62 yo)

14.58yrs

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 ($USD17.46M) is above average for companies of similar size in the US market ($USD5.75M).

Compensation vs Earnings: Manny's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Emanuel Chirico
Chairman & CEO14.58yrsUS$17.46m0.55%
$ 24.0m
Stefan Larsson
President1.25yrsUS$7.00m0.0028%
$ 122.9k
Michael Shaffer
Executive VP and Chief Operating & Financial Officer8.58yrsUS$10.19m0.050%
$ 2.2m
Cheryl Abel-Hodges
Chief Executive Officer of Calvin Klein1.25yrsUS$4.66m0.0018%
$ 80.0k
Eileen Mahoney
Chief Information Officer & Executive VP5.58yrsno datano data
Dana Perlman
Senior VP of Business Development & Investor Relations and Treasurerno datano data0.0056%
$ 244.4k
Mark Fischer
Executive VP21.67yrsno data0.014%
$ 620.9k
David Kozel
Executive VP & Chief Human Resources Officer5.25yrsno data0.018%
$ 782.2k
Francis Duane
Executive Officer0.25yrUS$6.87m0.015%
$ 658.0k
Arthur Heffner
Group Executive Vice President of Logistics Services - Pvh Logisticsno datano datano data
Ellen Constantinides
Chief Operating Officer of Global Supply Chain11.67yrsno datano data
Michael Kelly
Chief Innovation Officer & Chief Marketing Officer of PVH Heritage Brands Marketing2.83yrsno datano data

5.4yrs

Average Tenure

57.5yo

Average Age

Experienced Management: PVH's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Emanuel Chirico
Chairman & CEO14.58yrsUS$17.46m0.55%
$ 24.0m
Craig Rydin
Independent Director14yrsUS$275.06k0.016%
$ 682.9k
Henry Nasella
Independent Presiding Director13.67yrsUS$320.06k0.021%
$ 916.9k
Joseph Fuller
Independent Director29.67yrsUS$275.06k0.032%
$ 1.4m
Amy McPherson
Independent Director3.42yrsUS$270.06k0.0057%
$ 251.0k
Vincent Marino
Independent Director13.67yrsUS$270.06k0.034%
$ 1.5m
Mary Baglivo
Independent Director13.67yrsUS$260.06k0.018%
$ 775.6k
Edward Rosenfeld
Independent Director6.67yrsUS$270.06k0.0014%
$ 61.6k
Brent Callinicos
Independent Director6.67yrsUS$260.06k0.011%
$ 488.4k
Geraldine McIntyre
Independent Director5.58yrsUS$275.06k0.0014%
$ 61.6k
Judith Amanda Knox
Independent Director3.75yrsUS$285.06k0.0057%
$ 251.0k

13.3yrs

Average Tenure

62yo

Average Age

Experienced Board: PVH's board of directors are seasoned and experienced ( 13.3 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.


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$4.372b
  • Shares outstanding: 71.09m
  • Website: https://www.pvh.com

Number of Employees


Location

  • PVH Corp.
  • 200 Madison Avenue
  • New York
  • New York
  • 10016
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PVHNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
PVHDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
0KEQLSE (London Stock Exchange)YesCommon StockGBUSDJan 1968
PVH *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1968
P1VH34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 COMBRBRLJan 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 05:24
End of Day Share Price2020/09/25 00:00
Earnings2020/08/02
Annual Earnings2020/02/02


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.