Intrinsic value of PVH Corp. - PVH

Previous Close

$153.55

  Intrinsic Value

$120.52

stock screener

  Rating & Target

sell

-22%

Previous close

$153.55

 
Intrinsic value

$120.52

 
Up/down potential

-22%

 
Rating

sell

We calculate the intrinsic value of PVH 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 2018), $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 11.8

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   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
   2048

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  8.70
  8.33
  8.00
  7.70
  7.43
  7.18
  6.97
  6.77
  6.59
  6.43
  6.29
  6.16
  6.04
  5.94
  5.85
  5.76
  5.69
  5.62
  5.56
  5.50
  5.45
  5.40
  5.36
  5.33
  5.30
  5.27
  5.24
  5.22
  5.19
  5.17
Revenue, $m
  9,691
  10,498
  11,337
  12,210
  13,117
  14,059
  15,039
  16,057
  17,115
  18,217
  19,362
  20,555
  21,798
  23,093
  24,443
  25,851
  27,321
  28,856
  30,459
  32,134
  33,885
  35,717
  37,633
  39,638
  41,736
  43,934
  46,236
  48,647
  51,174
  53,822
Variable operating expenses, $m
  8,762
  9,429
  10,123
  10,844
  11,593
  12,372
  13,181
  14,022
  14,897
  15,806
  15,997
  16,983
  18,009
  19,079
  20,194
  21,358
  22,572
  23,840
  25,165
  26,549
  27,995
  29,509
  31,092
  32,748
  34,482
  36,298
  38,200
  40,192
  42,279
  44,467
Fixed operating expenses, $m
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
Total operating expenses, $m
  8,761
  9,428
  10,122
  10,843
  11,592
  12,371
  13,180
  14,021
  14,896
  15,805
  15,996
  16,982
  18,008
  19,078
  20,193
  21,357
  22,571
  23,839
  25,163
  26,547
  27,993
  29,507
  31,090
  32,746
  34,480
  36,296
  38,198
  40,190
  42,277
  44,465
Operating income, $m
  929
  1,070
  1,216
  1,367
  1,525
  1,689
  1,859
  2,036
  2,220
  2,411
  3,367
  3,574
  3,790
  4,015
  4,250
  4,495
  4,750
  5,017
  5,296
  5,587
  5,891
  6,210
  6,543
  6,891
  7,256
  7,638
  8,038
  8,457
  8,896
  9,357
EBITDA, $m
  2,571
  2,785
  3,008
  3,239
  3,480
  3,730
  3,990
  4,260
  4,540
  4,832
  5,136
  5,453
  5,782
  6,126
  6,484
  6,857
  7,247
  7,654
  8,080
  8,524
  8,988
  9,474
  9,982
  10,514
  11,071
  11,654
  12,264
  12,904
  13,574
  14,276
Interest expense (income), $m
  105
  166
  196
  227
  259
  293
  328
  364
  402
  441
  482
  524
  568
  614
  662
  711
  763
  817
  874
  933
  995
  1,059
  1,126
  1,197
  1,270
  1,347
  1,428
  1,513
  1,601
  1,694
  1,791
Earnings before tax, $m
  763
  874
  988
  1,108
  1,232
  1,361
  1,495
  1,634
  1,779
  1,930
  2,843
  3,006
  3,176
  3,354
  3,539
  3,731
  3,933
  4,143
  4,363
  4,592
  4,832
  5,083
  5,346
  5,621
  5,909
  6,210
  6,525
  6,856
  7,203
  7,566
Tax expense, $m
  206
  236
  267
  299
  333
  367
  404
  441
  480
  521
  768
  812
  858
  905
  955
  1,007
  1,062
  1,119
  1,178
  1,240
  1,305
  1,372
  1,443
  1,518
  1,595
  1,677
  1,762
  1,851
  1,945
  2,043
Net income, $m
  557
  638
  722
  809
  899
  993
  1,091
  1,193
  1,299
  1,409
  2,075
  2,194
  2,319
  2,448
  2,583
  2,724
  2,871
  3,024
  3,185
  3,352
  3,528
  3,711
  3,903
  4,103
  4,313
  4,533
  4,764
  5,005
  5,258
  5,523

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $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
Total assets, $m
  12,921
  13,997
  15,116
  16,280
  17,489
  18,746
  20,052
  21,409
  22,821
  24,289
  25,817
  27,407
  29,064
  30,790
  32,591
  34,468
  36,428
  38,474
  40,612
  42,845
  45,180
  47,622
  50,177
  52,850
  55,649
  58,579
  61,648
  64,863
  68,232
  71,762
Adjusted assets (=assets-cash), $m
  12,921
  13,997
  15,116
  16,280
  17,489
  18,746
  20,052
  21,409
  22,821
  24,289
  25,817
  27,407
  29,064
  30,790
  32,591
  34,468
  36,428
  38,474
  40,612
  42,845
  45,180
  47,622
  50,177
  52,850
  55,649
  58,579
  61,648
  64,863
  68,232
  71,762
Revenue / Adjusted assets
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
Average production assets, $m
  8,857
  9,595
  10,362
  11,160
  11,989
  12,850
  13,745
  14,676
  15,644
  16,650
  17,697
  18,788
  19,923
  21,107
  22,341
  23,628
  24,971
  26,374
  27,839
  29,370
  30,971
  32,645
  34,396
  36,229
  38,147
  40,156
  42,260
  44,463
  46,773
  49,193
Working capital, $m
  766
  829
  896
  965
  1,036
  1,111
  1,188
  1,268
  1,352
  1,439
  1,530
  1,624
  1,722
  1,824
  1,931
  2,042
  2,158
  2,280
  2,406
  2,539
  2,677
  2,822
  2,973
  3,131
  3,297
  3,471
  3,653
  3,843
  4,043
  4,252
Total debt, $m
  3,631
  4,206
  4,803
  5,425
  6,070
  6,741
  7,439
  8,164
  8,917
  9,701
  10,517
  11,366
  12,251
  13,173
  14,134
  15,137
  16,184
  17,276
  18,418
  19,610
  20,857
  22,161
  23,525
  24,953
  26,447
  28,012
  29,651
  31,368
  33,167
  35,052
Total liabilities, $m
  6,900
  7,474
  8,072
  8,694
  9,339
  10,010
  10,708
  11,432
  12,186
  12,970
  13,786
  14,635
  15,520
  16,442
  17,403
  18,406
  19,453
  20,545
  21,687
  22,879
  24,126
  25,430
  26,794
  28,222
  29,716
  31,281
  32,920
  34,637
  36,436
  38,321
Total equity, $m
  6,021
  6,523
  7,044
  7,586
  8,150
  8,736
  9,344
  9,977
  10,634
  11,319
  12,030
  12,772
  13,544
  14,348
  15,187
  16,062
  16,975
  17,929
  18,925
  19,966
  21,054
  22,192
  23,382
  24,628
  25,932
  27,298
  28,728
  30,226
  31,796
  33,441
Total liabilities and equity, $m
  12,921
  13,997
  15,116
  16,280
  17,489
  18,746
  20,052
  21,409
  22,820
  24,289
  25,816
  27,407
  29,064
  30,790
  32,590
  34,468
  36,428
  38,474
  40,612
  42,845
  45,180
  47,622
  50,176
  52,850
  55,648
  58,579
  61,648
  64,863
  68,232
  71,762
Debt-to-equity ratio
  0.600
  0.640
  0.680
  0.720
  0.740
  0.770
  0.800
  0.820
  0.840
  0.860
  0.870
  0.890
  0.900
  0.920
  0.930
  0.940
  0.950
  0.960
  0.970
  0.980
  0.990
  1.000
  1.010
  1.010
  1.020
  1.030
  1.030
  1.040
  1.040
  1.050
Adjusted equity ratio
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  557
  638
  722
  809
  899
  993
  1,091
  1,193
  1,299
  1,409
  2,075
  2,194
  2,319
  2,448
  2,583
  2,724
  2,871
  3,024
  3,185
  3,352
  3,528
  3,711
  3,903
  4,103
  4,313
  4,533
  4,764
  5,005
  5,258
  5,523
Depreciation, amort., depletion, $m
  1,642
  1,716
  1,792
  1,872
  1,955
  2,041
  2,131
  2,224
  2,320
  2,421
  1,770
  1,879
  1,992
  2,111
  2,234
  2,363
  2,497
  2,637
  2,784
  2,937
  3,097
  3,264
  3,440
  3,623
  3,815
  4,016
  4,226
  4,446
  4,677
  4,919
Funds from operations, $m
  2,199
  2,353
  2,514
  2,681
  2,854
  3,035
  3,222
  3,417
  3,619
  3,830
  3,845
  4,073
  4,311
  4,559
  4,817
  5,087
  5,368
  5,662
  5,969
  6,289
  6,625
  6,975
  7,342
  7,726
  8,128
  8,549
  8,990
  9,451
  9,935
  10,442
Change in working capital, $m
  61
  64
  66
  69
  72
  74
  77
  80
  84
  87
  91
  94
  98
  102
  107
  111
  116
  121
  127
  132
  138
  145
  151
  158
  166
  174
  182
  190
  200
  209
Cash from operations, $m
  2,137
  2,290
  2,448
  2,612
  2,783
  2,960
  3,145
  3,336
  3,536
  3,743
  3,754
  3,979
  4,213
  4,457
  4,711
  4,975
  5,252
  5,541
  5,842
  6,157
  6,486
  6,831
  7,191
  7,568
  7,962
  8,375
  8,808
  9,261
  9,736
  10,233
Maintenance CAPEX, $m
  -815
  -886
  -960
  -1,036
  -1,116
  -1,199
  -1,285
  -1,375
  -1,468
  -1,564
  -1,665
  -1,770
  -1,879
  -1,992
  -2,111
  -2,234
  -2,363
  -2,497
  -2,637
  -2,784
  -2,937
  -3,097
  -3,264
  -3,440
  -3,623
  -3,815
  -4,016
  -4,226
  -4,446
  -4,677
New CAPEX, $m
  -707
  -738
  -767
  -798
  -829
  -861
  -895
  -931
  -968
  -1,006
  -1,047
  -1,090
  -1,136
  -1,184
  -1,234
  -1,287
  -1,343
  -1,403
  -1,465
  -1,531
  -1,601
  -1,674
  -1,751
  -1,833
  -1,918
  -2,009
  -2,104
  -2,204
  -2,309
  -2,420
Cash from investing activities, $m
  -1,522
  -1,624
  -1,727
  -1,834
  -1,945
  -2,060
  -2,180
  -2,306
  -2,436
  -2,570
  -2,712
  -2,860
  -3,015
  -3,176
  -3,345
  -3,521
  -3,706
  -3,900
  -4,102
  -4,315
  -4,538
  -4,771
  -5,015
  -5,273
  -5,541
  -5,824
  -6,120
  -6,430
  -6,755
  -7,097
Free cash flow, $m
  616
  666
  721
  778
  838
  900
  964
  1,031
  1,100
  1,172
  1,042
  1,119
  1,198
  1,281
  1,366
  1,454
  1,546
  1,641
  1,739
  1,842
  1,949
  2,060
  2,175
  2,295
  2,421
  2,552
  2,688
  2,831
  2,980
  3,136
Issuance/(repayment) of debt, $m
  550
  575
  598
  621
  646
  671
  697
  725
  754
  784
  816
  849
  885
  922
  961
  1,003
  1,046
  1,093
  1,141
  1,193
  1,247
  1,304
  1,364
  1,428
  1,494
  1,565
  1,639
  1,717
  1,799
  1,885
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
Cash from financing (excl. dividends), $m  
  550
  575
  598
  621
  646
  671
  697
  725
  754
  784
  816
  849
  885
  922
  961
  1,003
  1,046
  1,093
  1,141
  1,193
  1,247
  1,304
  1,364
  1,428
  1,494
  1,565
  1,639
  1,717
  1,799
  1,885
Total cash flow (excl. dividends), $m
  1,166
  1,241
  1,318
  1,399
  1,483
  1,571
  1,662
  1,756
  1,854
  1,956
  1,858
  1,968
  2,083
  2,203
  2,327
  2,457
  2,592
  2,733
  2,881
  3,035
  3,196
  3,364
  3,539
  3,723
  3,915
  4,117
  4,327
  4,548
  4,779
  5,021
Retained Cash Flow (-), $m
  -485
  -502
  -522
  -542
  -563
  -586
  -609
  -633
  -658
  -684
  -712
  -741
  -772
  -805
  -839
  -875
  -913
  -954
  -996
  -1,041
  -1,088
  -1,138
  -1,190
  -1,246
  -1,304
  -1,365
  -1,430
  -1,498
  -1,570
  -1,645
Prev. year cash balance distribution, $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 flow adjustment, $m
  45
  48
  52
  57
  61
  66
  70
  75
  80
  86
  91
  97
  103
  109
  115
  122
  129
  137
  144
  152
  161
  169
  179
  188
  198
  209
  220
  231
  243
  256
Cash available for distribution, $m
  681
  739
  797
  857
  920
  985
  1,053
  1,124
  1,196
  1,272
  1,146
  1,227
  1,311
  1,398
  1,488
  1,582
  1,679
  1,780
  1,885
  1,994
  2,107
  2,226
  2,349
  2,477
  2,611
  2,751
  2,897
  3,050
  3,209
  3,376
Discount rate, %
  5.90
  6.20
  6.50
  6.83
  7.17
  7.53
  7.91
  8.30
  8.72
  9.15
  9.61
  10.09
  10.60
  11.13
  11.68
  12.27
  12.88
  13.52
  14.20
  14.91
  15.65
  16.44
  17.26
  18.12
  19.03
  19.98
  20.98
  22.03
  23.13
  24.29
PV of cash for distribution, $m
  643
  655
  660
  658
  651
  637
  618
  594
  564
  530
  418
  387
  354
  319
  284
  248
  214
  182
  151
  124
  99
  78
  60
  46
  34
  24
  17
  12
  8
  5
Current shareholders' claim on cash, %
  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

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments. The Company's brand portfolio consists of various brand names, including Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warner's, Olga and Eagle, which are owned, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection and Chaps, which are licensed, as well as various other licensed and private label brands. The Company designs and markets dress shirts, neckwear, sportswear, jeanswear, intimate apparel, swim products and handbags, footwear and other related products.

FINANCIAL RATIOS  of  PVH Corp. (PVH)

Valuation Ratios
P/E Ratio 22
Price to Sales 1.5
Price to Book 2.5
Price to Tangible Book
Price to Cash Flow 12.6
Price to Free Cash Flow 17
Growth Rates
Sales Growth Rate 2.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -6.4%
Cap. Spend. - 3 Yr. Gr. Rate 0.8%
Financial Strength
Quick Ratio 38
Current Ratio 0
LT Debt to Equity 66.5%
Total Debt to Equity 66.9%
Interest Coverage 7
Management Effectiveness
Return On Assets 5.8%
Ret/ On Assets - 3 Yr. Avg. 5.8%
Return On Total Capital 7%
Ret/ On T. Cap. - 3 Yr. Avg. 6.6%
Return On Equity 11.7%
Return On Equity - 3 Yr. Avg. 11.6%
Asset Turnover 0.8
Profitability Ratios
Gross Margin 53.3%
Gross Margin - 3 Yr. Avg. 52.6%
EBITDA Margin 13.4%
EBITDA Margin - 3 Yr. Avg. 11.8%
Operating Margin 9.6%
Oper. Margin - 3 Yr. Avg. 8.5%
Pre-Tax Margin 8.2%
Pre-Tax Margin - 3 Yr. Avg. 7%
Net Profit Margin 6.7%
Net Profit Margin - 3 Yr. Avg. 6.4%
Effective Tax Rate 18.5%
Eff/ Tax Rate - 3 Yr. Avg. 6%
Payout Ratio 2.2%

PVH stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the PVH stock intrinsic value calculation we used $8915 million for the last fiscal year's total revenue generated by PVH Corp.. The default revenue input number comes from 2018 income statement of PVH Corp.. 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 PVH stock valuation model: a) initial revenue growth rate of 8.7% 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 5.9%, whose default value for PVH is calculated based on our internal credit rating of PVH Corp., 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 PVH Corp..
    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 PVH stock the variable cost ratio is equal to 91.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $-1 million in the base year in the intrinsic value calculation for PVH 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 5.4% for PVH Corp..

Corporate tax rate of 27% is the nominal tax rate for PVH Corp.. 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 PVH stock is equal to 0.5%.

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 PVH are equal to 91.4%.

Life of production assets of 10 years is the average useful life of capital assets used in PVH Corp. 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 PVH is equal to 7.9%. 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 - $5536 million for PVH Corp. - 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 77 million for PVH Corp. 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 PVH Corp. at the current share price and the inputted number of shares is $11.8 billion.

RELATED COMPANIES Price Int.Val. Rating
RL Ralph Lauren C 135.18 33.54  str.sell
GIII G-III Apparel 47.33 41.13  hold
OXM Oxford Industr 92.73 65.41  hold
GES Guess? 23.50 28.96  buy
KORS Michael Kors H 67.95 67.22  hold
VFC VF 89.24 55.85  sell
DLA Delta Apparel 17.32 3.75  str.sell
SGC Superior Unifo 20.31 29.86  hold
PERY Perry Ellis In 28.30 8.31  str.sell

COMPANY NEWS

▶ Five Retailers That Can Sidestep Tariff Woes   [Jul-12-18 11:27AM  Barrons.com]
▶ Shopping under the influence of testosterone   [10:38AM  Yahoo Finance Video]
▶ Three Retail Brands to Buy, One to Sell   [Jun-25-18 10:10AM  Barrons.com]
▶ Is PVH Corps (NYSE:PVH) Balance Sheet A Threat To Its Future?   [Jun-21-18 09:30AM  Simply Wall St.]
▶ Jim Cramer: Profit-Taking Is Healthy   [Jun-13-18 07:01PM  TheStreet.com]
▶ PVH Corp. Annual Meeting of Stockholders June 21, 2018   [Jun-11-18 04:24PM  Business Wire]
▶ Cooler heads will prevail on China tariffs: PVH CEO   [May-30-18 06:54PM  CNBC Videos]
▶ [$$] Apparel-Seller PVH Sees Growth Across its Businesses   [05:10PM  The Wall Street Journal]
▶ PVH: Fiscal 1Q Earnings Snapshot   [04:27PM  Associated Press]
▶ 4 Great Stocks to Indulge in a Growing Luxury Goods Market   [May-18-18 12:30PM  InvestorPlace]
▶ Top Ranked Growth Stocks to Buy for May 17th   [May-17-18 09:53AM  Zacks]
▶ Calculating The Fair Value Of PVH Corp (NYSE:PVH)   [May-12-18 09:07AM  Simply Wall St.]
▶ Lululemon Leads These Five Retail Stocks That You Should Be Watching   [Apr-30-18 04:06PM  Investor's Business Daily]
▶ Apple, Tesla, Alibaba Earnings; Facebook Holds F8: Investing Action Plan   [Apr-27-18 02:32PM  Investor's Business Daily]
▶ 15 sectors unaffected by Trump's tariffs   [Apr-09-18 07:22PM  CNBC Videos]
▶ PVH Continues to Make New Highs   [11:53AM  TheStreet.com]
▶ Cramers Exec Cut: Markets in a tariff tantrum   [Apr-04-18 06:58PM  CNBC Videos]
▶ Top Stock Picks for the Week of Apr 2, 2018   [Apr-03-18 05:44PM  Zacks]
▶ Company News For April 2, 2018   [09:49AM  Zacks]
▶ Blue Jeans Are Mounting a Comeback   [05:00AM  Bloomberg]
▶ Cramers Exec Cut: Pinpointing positives in a wild market   [Mar-29-18 07:01PM  CNBC Videos]
▶ Jim Cramer: China Is a Huge Market for PVH   [11:30AM  TheStreet.com]
▶ Data Deluge   [10:51AM  Zacks]
▶ PVH Posts an Impressive Fourth Quarter   [09:47AM  Investopedia]
▶ PVH beats Street 4Q forecasts   [04:49PM  Associated Press]
▶ PVH beats the Street   [04:22PM  CNBC Videos]
▶ Lululemon focuses on e-commerce   [09:10AM  CNBC Videos]
▶ [$$] Tiger Woods' Return Could Lift Golf Stocks   [Mar-24-18 12:01AM  Barrons.com]
▶ Cramer Remix: The one bright spot after a tough week   [Mar-23-18 07:06PM  CNBC Videos]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

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

Copyright © X-FIN.com 2005-2018. All rigths reserved.