Market Cap
US$36.2b
Last Updated
2019/10/14 23:42 UTC
Data Sources
Company Financials +
Executive Summary
V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific.
Snowflake
Fundamentals
Established dividend payer with proven track record.
Similar Companies
Share Price & News
How has V.F's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.0%
VFC
2.3%
US Luxury
1.3%
US Market
1 Year Return
3.8%
VFC
10.2%
US Luxury
5.9%
US Market
Return vs Industry: VFC underperformed the US Luxury industry which returned 10.2% over the past year.
Return vs Market: VFC underperformed the US Market which returned 5.9% over the past year.
Shareholder returns
| VFC | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 2.3% | 1.3% |
| 30 Day | 0.7% | 3.7% | -1.9% |
| 90 Day | 3.0% | 1.1% | -1.8% |
| 1 Year | 12.9%3.8% | 12.6%10.2% | 8.3%5.9% |
| 3 Year | 92.7%68.0% | 55.5%48.6% | 45.6%36.2% |
| 5 Year | 69.9%42.2% | 54.1%44.1% | 66.1%47.9% |
Price Volatility Vs. Market
How volatile is V.F's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Investors Who Bought V.F (NYSE:VFC) Shares Three Years Ago Are Now Up 58%2 weeks ago | Simply Wall St
Should We Worry About V.F. Corporation's (NYSE:VFC) P/E Ratio?1 month ago | Simply Wall St
What Should You Know About V.F. Corporation's (NYSE:VFC) Growth?Valuation
Is V.F undervalued compared to its fair value and its price relative to the market?
27.8x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: VFC ($90.94) is trading above our estimate of fair value ($73.28)
Significantly Undervalued: VFC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VFC is poor value based on its PE Ratio (27.8x) compared to the Luxury industry average (16.6x).
PE vs Market: VFC is poor value based on its PE Ratio (27.8x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
Low PEG Ratio: VFC is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: VFC is overvalued based on its PB Ratio (8.7x) compared to the US Luxury industry average (1.5x).
Next Steps
Future Growth
How is V.F forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
12.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VFC's forecast earnings growth (12.3% per year) is above the savings rate (2.7%).
Earnings vs Market: VFC's earnings (12.3% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: VFC's earnings are forecast to grow, but not significantly.
Revenue vs Market: VFC's revenue (5.8% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: VFC's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: VFC's Return on Equity is forecast to be high in 3 years time (31.9%)
Next Steps
Past Performance
How has V.F performed over the past 5 years?
-4.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: VFC's earnings have declined by -4% per year over the past 5 years.
Accelerating Growth: VFC's earnings growth over the past year (78.9%) exceeds its 5-year average (-4% per year).
Earnings vs Industry: VFC earnings growth over the past year (78.9%) exceeded the Luxury industry 23.9%.
Return on Equity
High ROE: VFC's Return on Equity (31.2%) is considered high.
Return on Assets
ROA vs Industry: VFC has a higher Return on Assets than the Luxury industry average last year.
Return on Capital Employed
ROCE Improving: VFC's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is V.F's financial position?
Financial Position Analysis
Short Term Liabilities: VFC's short term assets ($4.0B) exceeds its short term liabilities ($1.9B)
Long Term Liabilities: VFC's short term assets (4.0B) do not cover its long term liabilities (4.3B)
Debt to Equity History and Analysis
Debt Level: VFC's debt to equity ratio (52.2%) is considered high
Reducing Debt: VFC's debt to equity ratio has increased from 35.6% to 52.2% over the past 5 years.
Debt Coverage: VFC's debt is well covered by operating cash flow (61%).
Interest Coverage: VFC's interest payments on its debt are well covered by EBIT (25.8x coverage).
Balance Sheet
Inventory Level: VFC has a high level of physical assets or inventory.
Debt Coverage by Assets: VFC's debt is covered by short term assets (assets are 1.841720x debt).
Next Steps
Dividend
What is V.F's current dividend yield, its reliability and sustainability?
1.89%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: VFC's dividend (1.89%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: VFC's dividend (1.89%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stable Dividend: VFC's dividends per share have been stable in the past 10 years.
Growing Dividend: VFC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.8%), VFC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VFC's dividends in 3 years are forecast to be covered by earnings (51.2% payout ratio).
Next Steps
Management
What is the CEO of V.F's salary, the management and board of directors tenure and is there insider trading?
4.5yrs
Average management tenure
CEO
Steve Rendle (59yo)
2.8yrs
Tenure
US$17,842,521
Compensation
Mr. Steven E. Rendle, also known as Steve, has been an Interim Chief Executive Officer and President of Timberland Co. since September 2011 and its President since November 15, 2017. Mr. Rendle has been th ...
CEO Compensation Analysis
Compensation vs. Market: Steve's total compensation ($USD17.84M) is about average for companies of similar size in the US market ($USD11.20M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.5yrs
Average Tenure
57yo
Average Age
Experienced Management: VFC's management team is considered experienced (4.5 years average tenure).
Board Age and Tenure
5.7yrs
Average Tenure
59yo
Average Age
Experienced Board: VFC's board of directors are considered experienced (5.7 years average tenure).
Insider Trading
Insider Buying: VFC insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 6,704 |
| Max Price | US$83.31 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$78.93 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 10,000 |
| Max Price | US$88.39 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 8,894 |
| Max Price | US$85.39 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 6,400 |
| Max Price | US$77.60 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$78.65 |
Ownership Breakdown
Management Team
Laura Meagher (58yo)
Executive VP
- Tenure: 7.4yrs
Steve Rendle (59yo)
Executive Chairman
- Tenure: 2.8yrs
- Compensation: US$17.84m
Kevin Bailey (58yo)
Executive VP & Group President of APAC
- Tenure: 10.3yrs
- Compensation: US$3.04m
Anita Graham (48yo)
Executive VP
- Tenure: 0yrs
Martino Guerrini (55yo)
Executive VP & Group President of EMEA
- Tenure: 10.7yrs
- Compensation: US$2.50m
Scott Roe (54yo)
Executive VP & CFO
- Tenure: 4.5yrs
- Compensation: US$7.59m
Bryan McNeill (57yo)
VP, Controller & Chief Accounting Officer
- Tenure: 4.5yrs
Joe Alkire
VP of Corporate Development
- Tenure: 2.8yrs
Velia Carboni
Executive VP and Chief Digital & Technology Officer
- Tenure: 0.8yrs
Brian Beckstead
Founder & Chief Marketing Officer
- Tenure: 0.9yrs
Board Members
Clarence Otis (63yo)
Independent Director
- Tenure: 15.8yrs
- Compensation: US$197.50k
W. McCollough (69yo)
Lead Independent Director
- Tenure: 4.5yrs
- Compensation: US$237.50k
Steve Rendle (59yo)
Executive Chairman
- Tenure: 2.8yrs
- Compensation: US$17.84m
William McMullen (58yo)
Independent Director
- Tenure: 3.7yrs
- Compensation: US$177.50k
Mark Hoplamazian (56yo)
Independent Director
- Tenure: 4.7yrs
- Compensation: US$177.50k
Laura Lang (63yo)
Independent Director
- Tenure: 8yrs
- Compensation: US$177.50k
Matt Shattock (57yo)
Independent Director
- Tenure: 6.7yrs
- Compensation: US$197.50k
Juliana Chugg (51yo)
Independent Director
- Tenure: 10.7yrs
- Compensation: US$177.50k
Rick Carucci (62yo)
Independent Director
- Tenure: 10.3yrs
- Compensation: US$197.50k
Carol Roberts (59yo)
Independent Director
- Tenure: 2.7yrs
- Compensation: US$177.50k
Company Information
V.F. Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: V.F. Corporation
- Ticker: VFC
- Exchange: NYSE
- Founded: 1899
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: US$36.210b
- Shares outstanding: 398.18m
- Website: https://www.vfc.com
Number of Employees
Location
- V.F. Corporation
- 8505 East Orchard Road
- Greenwood Village
- Colorado
- 80111
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VFC | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| VFP | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| 0R30 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| VFC | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jan 1968 |
| VFC | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1968 |
| VFCO34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REP 0.5 COM NPV | BR | BRL | May 2019 |
Biography
V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europ ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 23:42 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/29 |
| Annual Earnings | 2019/03/30 |
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.