Intrinsic value of G-III Apparel Group - GIII

Previous Close

$24.46

  Intrinsic Value

premium content

  Rating & Target

premium content

  Value-price divergence*

premium content

Previous close

$24.46

 
Intrinsic value premium content
 
Up/down potential premium content
 
Rating premium content
 
Value-price divergence* premium content

Premium access subscription - $499/yr

please register and log in before paying

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of GIII stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 1.1

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2017(a)
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  1.79
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  2,386
  2,391
  2,446
  2,509
  2,579
  2,657
  2,743
  2,837
  2,938
  3,047
  3,164
  3,289
  3,422
  3,564
  3,715
  3,876
  4,046
  4,225
  4,416
  4,616
  4,829
  5,052
  5,288
  5,537
  5,799
  6,075
  6,366
  6,672
  6,994
  7,333
  7,689
Variable operating expenses, $m
 
  2,190
  2,240
  2,298
  2,362
  2,434
  2,512
  2,597
  2,690
  2,789
  2,896
  3,006
  3,128
  3,258
  3,396
  3,542
  3,697
  3,862
  4,035
  4,219
  4,413
  4,617
  4,833
  5,060
  5,300
  5,552
  5,818
  6,098
  6,392
  6,701
  7,027
Fixed operating expenses, $m
 
  12
  13
  13
  13
  14
  14
  14
  15
  15
  15
  16
  16
  17
  17
  17
  18
  18
  19
  19
  20
  20
  21
  21
  22
  22
  23
  23
  24
  25
  25
Total operating expenses, $m
  2,293
  2,202
  2,253
  2,311
  2,375
  2,448
  2,526
  2,611
  2,705
  2,804
  2,911
  3,022
  3,144
  3,275
  3,413
  3,559
  3,715
  3,880
  4,054
  4,238
  4,433
  4,637
  4,854
  5,081
  5,322
  5,574
  5,841
  6,121
  6,416
  6,726
  7,052
Operating income, $m
  93
  189
  193
  198
  204
  210
  217
  225
  233
  242
  252
  267
  278
  290
  303
  316
  330
  346
  361
  378
  396
  415
  435
  456
  478
  501
  525
  551
  578
  607
  637
EBITDA, $m
  125
  213
  218
  224
  230
  237
  245
  254
  263
  273
  283
  295
  307
  320
  334
  349
  364
  381
  398
  417
  436
  457
  479
  502
  526
  551
  578
  607
  636
  668
  701
Interest expense (income), $m
  22
  0
  0
  0
  1
  1
  1
  2
  2
  3
  3
  4
  4
  5
  5
  6
  7
  8
  8
  9
  10
  11
  12
  13
  14
  15
  17
  18
  19
  21
  22
Earnings before tax, $m
  78
  189
  193
  198
  203
  209
  216
  223
  231
  240
  249
  264
  274
  286
  297
  310
  324
  338
  353
  369
  386
  404
  423
  442
  463
  485
  509
  533
  559
  586
  615
Tax expense, $m
  26
  51
  52
  53
  55
  56
  58
  60
  62
  65
  67
  71
  74
  77
  80
  84
  87
  91
  95
  100
  104
  109
  114
  119
  125
  131
  137
  144
  151
  158
  166
Net income, $m
  52
  138
  141
  144
  148
  153
  158
  163
  169
  175
  182
  193
  200
  208
  217
  226
  236
  247
  258
  269
  282
  295
  309
  323
  338
  354
  371
  389
  408
  428
  449

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  80
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  1,852
  1,072
  1,097
  1,125
  1,157
  1,192
  1,230
  1,272
  1,317
  1,366
  1,419
  1,475
  1,535
  1,598
  1,666
  1,738
  1,814
  1,895
  1,980
  2,070
  2,165
  2,266
  2,371
  2,483
  2,601
  2,724
  2,855
  2,992
  3,136
  3,288
  3,448
Adjusted assets (=assets-cash), $m
  1,772
  1,072
  1,097
  1,125
  1,157
  1,192
  1,230
  1,272
  1,317
  1,366
  1,419
  1,475
  1,535
  1,598
  1,666
  1,738
  1,814
  1,895
  1,980
  2,070
  2,165
  2,266
  2,371
  2,483
  2,601
  2,724
  2,855
  2,992
  3,136
  3,288
  3,448
Revenue / Adjusted assets
  1.347
  2.230
  2.230
  2.230
  2.229
  2.229
  2.230
  2.230
  2.231
  2.231
  2.230
  2.230
  2.229
  2.230
  2.230
  2.230
  2.230
  2.230
  2.230
  2.230
  2.230
  2.229
  2.230
  2.230
  2.230
  2.230
  2.230
  2.230
  2.230
  2.230
  2.230
Average production assets, $m
  384
  179
  183
  188
  193
  199
  206
  213
  220
  229
  237
  247
  257
  267
  279
  291
  303
  317
  331
  346
  362
  379
  397
  415
  435
  456
  477
  500
  525
  550
  577
Working capital, $m
  568
  536
  548
  562
  578
  595
  614
  635
  658
  682
  709
  737
  767
  798
  832
  868
  906
  946
  989
  1,034
  1,082
  1,132
  1,185
  1,240
  1,299
  1,361
  1,426
  1,495
  1,567
  1,643
  1,722
Total debt, $m
  462
  6
  13
  21
  30
  40
  51
  63
  76
  89
  104
  120
  137
  155
  174
  194
  216
  238
  262
  288
  315
  343
  373
  404
  437
  472
  509
  548
  588
  631
  676
Total liabilities, $m
  831
  302
  309
  317
  326
  336
  347
  359
  372
  385
  400
  416
  433
  451
  470
  490
  512
  534
  558
  584
  611
  639
  669
  700
  733
  768
  805
  844
  884
  927
  972
Total equity, $m
  1,021
  770
  788
  808
  830
  856
  883
  913
  946
  981
  1,019
  1,059
  1,102
  1,148
  1,196
  1,248
  1,303
  1,360
  1,422
  1,486
  1,555
  1,627
  1,703
  1,783
  1,867
  1,956
  2,050
  2,148
  2,252
  2,361
  2,476
Total liabilities and equity, $m
  1,852
  1,072
  1,097
  1,125
  1,156
  1,192
  1,230
  1,272
  1,318
  1,366
  1,419
  1,475
  1,535
  1,599
  1,666
  1,738
  1,815
  1,894
  1,980
  2,070
  2,166
  2,266
  2,372
  2,483
  2,600
  2,724
  2,855
  2,992
  3,136
  3,288
  3,448
Debt-to-equity ratio
  0.452
  0.010
  0.020
  0.030
  0.040
  0.050
  0.060
  0.070
  0.080
  0.090
  0.100
  0.110
  0.120
  0.130
  0.150
  0.160
  0.170
  0.180
  0.180
  0.190
  0.200
  0.210
  0.220
  0.230
  0.230
  0.240
  0.250
  0.250
  0.260
  0.270
  0.270
Adjusted equity ratio
  0.531
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718
  0.718

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  52
  138
  141
  144
  148
  153
  158
  163
  169
  175
  182
  193
  200
  208
  217
  226
  236
  247
  258
  269
  282
  295
  309
  323
  338
  354
  371
  389
  408
  428
  449
Depreciation, amort., depletion, $m
  32
  25
  25
  26
  26
  27
  28
  29
  29
  30
  31
  27
  29
  30
  31
  32
  34
  35
  37
  38
  40
  42
  44
  46
  48
  51
  53
  56
  58
  61
  64
Funds from operations, $m
  99
  163
  166
  170
  175
  180
  185
  192
  198
  205
  213
  220
  229
  238
  248
  259
  270
  282
  295
  308
  322
  337
  353
  369
  387
  405
  424
  445
  466
  489
  513
Change in working capital, $m
  -7
  11
  12
  14
  16
  18
  19
  21
  23
  24
  26
  28
  30
  32
  34
  36
  38
  40
  43
  45
  48
  50
  53
  56
  59
  62
  65
  69
  72
  76
  80
Cash from operations, $m
  106
  159
  154
  156
  159
  162
  166
  171
  176
  181
  187
  192
  199
  206
  214
  223
  232
  242
  252
  263
  274
  287
  300
  313
  328
  343
  359
  376
  394
  413
  433
Maintenance CAPEX, $m
  0
  -19
  -20
  -20
  -21
  -21
  -22
  -23
  -24
  -24
  -25
  -26
  -27
  -29
  -30
  -31
  -32
  -34
  -35
  -37
  -38
  -40
  -42
  -44
  -46
  -48
  -51
  -53
  -56
  -58
  -61
New CAPEX, $m
  -25
  -4
  -4
  -5
  -5
  -6
  -6
  -7
  -8
  -8
  -9
  -9
  -10
  -11
  -11
  -12
  -13
  -13
  -14
  -15
  -16
  -17
  -18
  -19
  -20
  -21
  -22
  -23
  -24
  -25
  -27
Cash from investing activities, $m
  -526
  -23
  -24
  -25
  -26
  -27
  -28
  -30
  -32
  -32
  -34
  -35
  -37
  -40
  -41
  -43
  -45
  -47
  -49
  -52
  -54
  -57
  -60
  -63
  -66
  -69
  -73
  -76
  -80
  -83
  -88
Free cash flow, $m
  -420
  135
  130
  131
  133
  135
  138
  141
  144
  148
  153
  156
  161
  167
  173
  180
  187
  194
  202
  211
  220
  230
  240
  251
  262
  274
  287
  300
  314
  329
  345
Issuance/(repayment) of debt, $m
  374
  6
  7
  8
  9
  10
  11
  12
  13
  14
  15
  16
  17
  18
  19
  20
  21
  23
  24
  25
  27
  28
  30
  31
  33
  35
  37
  39
  41
  43
  45
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  368
  6
  7
  8
  9
  10
  11
  12
  13
  14
  15
  16
  17
  18
  19
  20
  21
  23
  24
  25
  27
  28
  30
  31
  33
  35
  37
  39
  41
  43
  45
Total cash flow (excl. dividends), $m
  -53
  142
  137
  139
  142
  145
  148
  153
  157
  162
  167
  172
  178
  185
  192
  200
  208
  217
  227
  236
  247
  258
  270
  282
  295
  309
  324
  339
  355
  372
  390
Retained Cash Flow (-), $m
  -133
  -15
  -18
  -20
  -23
  -25
  -28
  -30
  -33
  -35
  -38
  -40
  -43
  -46
  -49
  -52
  -55
  -58
  -61
  -65
  -68
  -72
  -76
  -80
  -84
  -89
  -94
  -99
  -104
  -109
  -115
Prev. year cash balance distribution, $m
 
  133
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  260
  119
  119
  119
  120
  121
  122
  125
  127
  130
  132
  135
  139
  144
  149
  154
  159
  165
  172
  179
  186
  194
  202
  211
  220
  230
  240
  252
  263
  276
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  249
  109
  103
  98
  93
  88
  83
  78
  73
  68
  63
  58
  53
  48
  44
  39
  35
  30
  26
  23
  19
  16
  13
  11
  9
  7
  5
  4
  3
  2
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

G-III Apparel Group, Ltd. designs, manufactures, and markets men’s and women’s apparel. It operates through two segments: Wholesale Operations and Retail Operations. The company’s products include outerwear, dresses, sportswear, swimwear, women’s suits, and women’s performance wear; and women’s handbags, footwear, small leather goods, cold weather accessories, and luggage. It markets swimwear, resort wear, and related accessories under the Vilebrequin brand; footwear, apparel, and accessories under Bass and G.H. Bass brands; and apparel products under Andrew Marc, Marc New York, Jessica Howard, Eliza J and Black Rivet, Weejuns, and other private retail labels. G-III Apparel Group, Ltd. also licenses its products under the Calvin Klein, ck Calvin Klein, Karl Lagerfeld, Guess, Guess?, Kenneth Cole NY, Reaction Kenneth Cole, Cole Haan, Levi's, Vince Camuto, Tommy Hilfiger, Jessica Simpson, Ivanka Trump, Jones New York, Ellen Tracy, Kensie, Dockers, Wilsons, G-III Sports by Carl Banks, and G-III for Her brands, as well as have licenses with the National Football League, Major League Baseball, National Basketball Association, National Hockey League, Touch by Alyssa Milano, Hands High, Collegiate Licensing Company, Major League Soccer, and Starter. The company offers its products to department, specialty, and mass merchant retail stores in the United States, Canada, Europe, and the Far East; and distributes products through its retail stores, as well as through G.H. Bass, Wilsons Leather, Vilebrequin, and Andrew Marc Websites. As of January 31, 2016, it operated 199 Wilsons Leather stores, 163 G.H. Bass stores, and 5 Calvin Klein performance stores. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.

FINANCIAL RATIOS  of  G-III Apparel Group (GIII)

Valuation Ratios
P/E Ratio 22.9
Price to Sales 0.5
Price to Book 1.2
Price to Tangible Book
Price to Cash Flow 11.2
Price to Free Cash Flow 14.7
Growth Rates
Sales Growth Rate 1.8%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -40.5%
Cap. Spend. - 3 Yr. Gr. Rate -2.9%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 45.2%
Total Debt to Equity 45.2%
Interest Coverage 5
Management Effectiveness
Return On Assets 4.4%
Ret/ On Assets - 3 Yr. Avg. 9.1%
Return On Total Capital 4.4%
Ret/ On T. Cap. - 3 Yr. Avg. 11.5%
Return On Equity 5.4%
Return On Equity - 3 Yr. Avg. 12.1%
Asset Turnover 1.6
Profitability Ratios
Gross Margin 35.2%
Gross Margin - 3 Yr. Avg. 35.6%
EBITDA Margin 5.5%
EBITDA Margin - 3 Yr. Avg. 7.9%
Operating Margin 3.9%
Oper. Margin - 3 Yr. Avg. 6.5%
Pre-Tax Margin 3.3%
Pre-Tax Margin - 3 Yr. Avg. 6.3%
Net Profit Margin 2.2%
Net Profit Margin - 3 Yr. Avg. 4.1%
Effective Tax Rate 33.3%
Eff/ Tax Rate - 3 Yr. Avg. 34.9%
Payout Ratio 0%

GIII stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the GIII stock intrinsic value calculation we used $2344 million for the last fiscal year's total revenue generated by G-III Apparel Group. The default revenue input number comes from 2017 income statement of G-III Apparel Group. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our GIII stock valuation model: a) initial revenue growth rate of 2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for GIII is calculated based on our internal credit rating of G-III Apparel Group, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of G-III Apparel Group.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of GIII stock the variable cost ratio is equal to 91.6%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $12 million in the base year in the intrinsic value calculation for GIII stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for G-III Apparel Group.

Corporate tax rate of 27% is the nominal tax rate for G-III Apparel Group. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the GIII stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for GIII are equal to 7.5%.

Life of production assets of 9 years is the average useful life of capital assets used in G-III Apparel Group operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for GIII is equal to 22.4%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $888 million for G-III Apparel Group - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 46.34 million for G-III Apparel Group is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of G-III Apparel Group at the current share price and the inputted number of shares is $1.1 billion.


Premium access subscription - $499/yr

please register and log in before paying
RELATED COMPANIES Price Int.Val. Rating
ICON Iconix Brand G 6.62 prem.  prem.
PVH PVH Corp. 110.48 prem.  prem.
GCO Genesco 32.90 prem.  prem.
GES Guess? 11.64 prem.  prem.
VFC VF 56.43 prem.  prem.
SQBG Sequential Bra 3.88 prem.  prem.
RL Ralph Lauren C 72.73 prem.  prem.

COMPANY NEWS

▶ Top Ranked Momentum Stocks to Buy for June 23rd   [Jun-23-17 12:11PM  Zacks]
▶ Company News for June 07, 2017   [Jun-07-17 10:34AM  Zacks]
▶ Stocks to Watch: Tesla, Amazon.com, G-III Apparel Group   [08:59AM  The Wall Street Journal]
▶ What you need to know in markets on Wednesday   [Jun-06-17 06:11PM  Yahoo Finance]
▶ Earnings Calendar, Analyst Estimates And Stocks To Watch   [05:23PM  Investor's Business Daily]
▶ G-III Apparel Shares Jump On Beat-And-Raise Quarter   [04:01PM  Investor's Business Daily]
▶ Story Stocks from Briefing.com   [12:47PM  Briefing.com]
▶ Brick Retailers Hit Hard Despite Quiet Stock Market   [12:07PM  Investor's Business Daily]
▶ Stocks Dip At Open; Wal-Mart Slumps As Amazon Cuts Fees   [09:41AM  Investor's Business Daily]
▶ G-III Apparel reports 1Q loss   [07:10AM  Associated Press]
▶ Gen III Oil Corporation Announces Grant of Stock Options   [May-18-17 04:14PM  Marketwired]
▶ Ivanka Trump clothes secretly re-labeled by discount retailer   [06:57AM  American City Business Journals]
▶ [$$] Ivanka Trump Clothes Sold Under Different Label   [12:35AM  The Wall Street Journal]
▶ [$$] Ivanka Trump Clothes Sold Under Different Label   [Apr-24-17 04:54PM  The Wall Street Journal]
▶ 5 Stocks Insiders Love Right Now   [Apr-12-17 01:06PM  TheStreet.com]
▶ New Strong Sell Stocks for March 30th   [Mar-30-17 10:55AM  Zacks]
▶ New Strong Sell Stocks for March 30th   [10:55AM  at Investopedia]
▶ Company News for March 28, 2017   [10:10AM  Zacks]
▶ Stocks to Watch: Snap, Sealed Air, G-III, Dow Chemical   [09:24AM  at The Wall Street Journal]
▶ Why G-III Apparel Group Ltd. Lost 33% Last Year   [Jan-18-17 03:02PM  at Motley Fool]
Stock chart of GIII Financial statements of GIII Annual reports of GIII
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.