Capri Holdings Stock Research

Market Summary

USD39.97+0.76

Market Closed

1.94%

CPRI Stock Price

CPRI RSI Chart

CPRI Valuation

Market Cap

5.0B

Price/Earnings (Trailing)

6.86

Price/Sales (Trailing)

0.87

EV/EBITDA

4.69

Price/Free Cashflow

12.75

CPRI Price/Sales (Trailing)

CPRI Profitability

EBT Margin

14.49%

Return on Equity

32.88%

Return on Assets

9.68%

Free Cashflow Yield

7.84%

CPRI Fundamentals

CPRI Revenue

Revenue (TTM)

5.8B

Revenue Y/Y

-6.03%

Revenue Q/Q

7.08%

CPRI Earnings

Earnings (TTM)

731.0M

Earnings Y/Y

-30.12%

Earnings Q/Q

0.45%

Price Action

52 Week Range

36.4069.25

(Low)(High)

Last 7 days

1.1%

Last 30 days

-3.4%

Last 90 days

-20.4%

Trailing 12 Months

-12.9%

CPRI Financial Health

Current Ratio

1.34

Debt/Equity

0.6

Debt/Cashflow

0.45

CPRI Investor Care

Buy Backs (1Y)

16.24%

Diluted EPS (TTM)

5.32

Peers (Alternatives to Capri Holdings)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NKE	166.0B	50.6B	-13.19%	-3.73%	30.3	3.28	8.13%	-10.43%
LULU	41.6B	8.1B	-8.76%	18.36%	48.64	5.13	29.63%	-12.36%
DECK	12.3B	3.6B	-2.79%	77.44%	24.83	3.43	20.04%	18.55%
MID-CAP
TPR	9.7B	6.7B	4.07%	24.82%	10.73	1.45	-0.13%	3.85%
RL	7.5B	6.4B	0.69%	16.51%	14.57	1.17	7.40%	2.63%
VFC	7.0B	11.7B	-18.91%	-62.69%	16.93	0.6	4.21%	-68.79%
CROX	6.6B	3.8B	-27.77%	100.34%	10.73	1.75	50.35%	-11.87%
PVH	5.6B	9.0B	7.09%	27.19%	28.15	0.63	-1.43%	-78.96%
CPRI	5.0B	5.8B	-3.41%	-12.88%	6.86	0.87	7.78%	31.00%
SMALL-CAP
HBI	1.4B	6.0B	-14.97%	-63.88%	-5.1	0.24	-11.97%	-161.04%
VRA	147.1M	500.0M	-6.09%	-27.02%	-2.46	0.29	-7.49%	-434.87%
UFI	131.6M	690.0M	-14.54%	-50.68%	-4.78	0.19	-11.83%	-209.82%
DLA	68.7M	460.0M	-9.67%	-66.25%	-14.93	0.15	-3.32%	-115.97%
CULP	54.3M	230.4M	-17.57%	-19.82%	-1.65	0.24	-27.29%	-864.79%
CRWS	52.2M	79.1M	-7.65%	-14.26%	7.2	0.66	-5.24%	-6.01%

Financials for Capri Holdings

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-1.7%	5,776	5,873	5,761	5,654	5,359
Gross Profit	-1.1%	3,813	3,856	3,789	3,744	3,525
Operating Expenses	1.8%	2,975	2,923	2,913	2,841	2,880
S&GA Expenses	2.4%	2,717	2,653	2,610	2,533	2,404
EBITDA	-12.0%	1,009	1,146	1,101	1,126	-
EBITDA Margin	-10.5%	0.17*	0.20*	0.19*	0.20*	-
Earnings Before Taxes	-12.0%	837	951	890	915	660
EBT Margin	-10.5%	0.14*	0.16*	0.15*	0.16*	-
Interest Expenses	-146.2%	-6.00	13.00	23.00	18.00	7.00
Net Income	-11.7%	731	828	804	822	558
Net Income Margin	-10.2%	0.13*	0.14*	0.14*	0.15*	-
Free Cahsflow	120.8%	393	178	493	573	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	4.9%	7,554	7,202	7,610	7,480	7,680
Current Assets	0.0%	2,084	2,085	2,081	1,891	2,072
Cash Equivalents	30.7%	281	215	221	169	264
Inventory	0.7%	1,188	1,180	1,265	1,096	978
Net PPE	16.2%	546	470	466	476	460
Goodwill	8.1%	1,358	1,256	1,336	1,418	1,447
Liabilities	5.4%	5,331	5,059	5,232	4,922	4,905
Current Liabilities	22.0%	1,559	1,278	1,614	1,566	1,752
LT Debt, Current	26.7%	19.00	15.00	37.00	29.00	26.00
LT Debt, Non Current	-4.0%	1,521	1,585	1,382	1,131	976
Shareholder's Equity	3.7%	2,223	2,143	2,378	2,559	2,775
Retained Earnings	4.1%	5,742	5,517	5,293	5,092	5,011
Additional Paid-In Capital	1.2%	1,327	1,311	1,294	1,260	1,238
Accumulated Depreciation	0%	783	783	790	791	-
Shares Outstanding	-4.3%	125	131	138	143	150
Minority Interest	NaN%	-	-	1.00	-1.00	-1.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	74.9%	607	347	637	704	792
Share Based Compensation	4.1%	76.00	73.00	77.00	85.00	87.00
Cashflow From Investing	-24.2%	325	429	111	58.00	-53.00
Cashflow From Financing	-18.1%	-788	-667	-795	-800	-730
Buy Backs	8.7%	1,265	1,164	914	661	360

Risks for CPRI

What is the probability of a big loss on CPRI?

78.5%

Probability that Capri Holdings stock will be more than 20% underwater in next one year

75.4%

Probability that Capri Holdings stock will be more than 30% underwater in next one year.

61.1%

Probability that Capri Holdings stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CPRI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Capri Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for CPRI

Cumulative Returns on CPRI

-4.3%

10-Year Cumulative Returns

-0.6%

7-Year Cumulative Returns

-10.2%

5-Year Cumulative Returns

34.6%

3-Year Cumulative Returns

What are the long-term rolling returns for CPRI?

FIve years rolling returns for Capri Holdings.

Annualized Returns

Which funds bought or sold CPRI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-23	Brookfield Corp /ON/	added	184	427,389	748,381	-%
2023-05-23	Toroso Investments, LLC	new	-	838,000	838,000	0.01%
2023-05-22	FDx Advisors, Inc.	unchanged	-	-	251,000	0.01%
2023-05-22	AMERIPRISE FINANCIAL INC	added	16.93	-3,468,280	80,728,700	0.03%
2023-05-22	PUTNAM INVESTMENTS LLC	reduced	-1.56	-671,223	2,809,190	-%
2023-05-18	JPMORGAN CHASE & CO	unchanged	-	222	1,222	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	added	30.08	947,000	15,175,000	0.02%
2023-05-17	Long Focus Capital Management, LLC	reduced	-18.73	-1,020,960	2,039,240	0.12%
2023-05-17	VIRGINIA RETIREMENT SYSTEMS ET AL	reduced	-26.42	131,500	1,484,590	0.01%
2023-05-17	B. Riley Wealth Advisors, Inc.	new	-	281,660	281,660	0.01%

Latest Funds Activity

Are funds buying CPRI calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own CPRI

No. of Funds

Capri Holdings News

Schedule 13G FIlings of Capri Holdings

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 10, 2023	senvest management, llc	5.45%	6,828,785	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	10.23%	13,411,024	SC 13G/A
Jan 25, 2023	blackrock inc.	8.9%	11,503,519	SC 13G
Jul 11, 2022	vanguard group inc	10.01%	14,293,114	SC 13G/A
Jun 07, 2022	senvest management, llc	5.06%	7,230,622	SC 13G
Feb 09, 2022	vanguard group inc	9.47%	14,242,078	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Jan 10, 2022	blackrock inc.	8.9%	13,338,727	SC 13G/A
Feb 16, 2021	eminence capital, lp	1.0%	1,528,827	SC 13G/A

CPRI Fair Value

Capri Holdings fair value in different scenarios

The table shows the Fair Value estimates for Capri Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	35.12 -12.13%	42.05 5.20%	56.02 40.16%	82.26 105.80%	99.87 149.86%
Current Inflation	33.42 -16.39%	39.80 -0.43%	51.22 28.15%	73.63 84.21%	88.61 121.69%
Very High Inflation	31.21 -21.92%	36.90 -7.68%	45.39 13.56%	63.40 58.62%	75.39 88.62%

Historical Capri Holdings Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Capri Holdings

View All Filings

Date Filed	Form Type	Document
Apr 04, 2023	4	Insider Trading
Apr 04, 2023	3	Insider Trading
Mar 30, 2023	3	Insider Trading
Mar 29, 2023	8-K	Current Report
Mar 17, 2023	4	Insider Trading
Mar 17, 2023	4	Insider Trading

Latest Insider Trading transactions for CPRI

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-17	Edwards Thomas Jr.	bought	201,243	41.07	4,900	evp, cfo & coo
2023-03-17	IDOL JOHN D	gifted	-	-	1,000,000	chairman & ceo
2023-03-17	IDOL JOHN D	gifted	-	-	-1,000,000	chairman & ceo
2023-03-16	IDOL JOHN D	bought	9,976,240	41.5676	240,000	chairman & ceo
2022-12-19	IDOL JOHN D	acquired	-	-	15,490	chairman & ceo
2022-12-19	IDOL JOHN D	sold (taxes)	-863,568	55.75	-15,490	chairman & ceo
2022-12-09	IDOL JOHN D	gifted	-	-	619,797	chairman & ceo
2022-12-09	IDOL JOHN D	gifted	-	-	-1,456,620	chairman & ceo
2022-08-29	Gibbons Judy	sold	-240,483	48.8787	-4,920	-
2022-08-01	Hendricks Jenna	sold (taxes)	-20,028	49.09	-408	svp, chief people officer

About Capri Holdings

John D. Idol

www.capriholdings.com

13800

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. The company's Versace segment offers ready-to-wear, accessories, footwear, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques; and department and specialty stores, as well as through Versace e-commerce sites. It also licenses Versace brand name and trademarks to third parties to retail and/or wholesale its products; and has licensing agreements to the manufacture and sale of jeans, fragrances, watches, eyewear, and home furnishings. The company was formerly known as Michael Kors Holdings Limited and changed its name to Capri Holdings Limited in December 2018. Capri Holdings Limited was founded in 1981 and is headquartered in London, the United Kingdom.

CPRI Income Statement

2022-10-01

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Oct. 01, 2022	Sep. 25, 2021	Oct. 01, 2022	Sep. 25, 2021
Income Statement [Abstract]
Total revenue	$ 1,412	$ 1,300	$ 2,772	$ 2,553
Cost of goods sold	461	416	920	813
Gross profit	951	884	1,852	1,740
Selling, general and administrative expenses	642	599	1,264	1,144
Depreciation and amortization	43	49	88	99
Impairment of assets	11	33	11	33
Restructuring and other charges	3	8	6	11
Total operating expenses	699	689	1,369	1,287
Income from operations	252	195	483	453
Other income, net	(1)	(2)	(1)	(2)
Interest expense (income), net	5	(5)	1	(4)
Foreign currency (gain) loss	(11)	4	(7)	5
Income before income taxes	259	198	490	454
Provision (benefit) for income taxes	35	(2)	63	35
Net income	224	200	427	419
Less: Net income attributable to noncontrolling interest	0	0	2	0
Net income attributable to Capri	$ 224	$ 200	$ 425	$ 419
Weighted average ordinary shares outstanding:
Basic (in shares)	136,037,449	151,859,760	138,975,518	151,604,916
Diluted (in shares)	137,051,575	154,219,249	140,392,780	154,563,532
Net income per ordinary share attributable to Capri:
Basic (in dollars per share)	$ 1.64	$ 1.31	$ 3.06	$ 2.76
Diluted (in dollars per share)	$ 1.63	$ 1.30	$ 3.03	$ 2.71
Statements of Comprehensive Income:
Net income	$ 224	$ 200	$ 427	$ 419
Foreign currency translation adjustments	(125)	23	(232)	113
Net gain on derivatives	1	4	3	4
Total comprehensive income (loss)	100	227	198	536
Less: Net income attributable to noncontrolling interest	0	0	2	0
Less: Foreign currency translation adjustments attributable to noncontrolling interest	0	0	0	(1)
Comprehensive income attributable to Capri	$ 100	$ 227	$ 196	$ 537

CPRI Balance Sheet

2022-10-01

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Oct. 01, 2022	Apr. 02, 2022
Current assets
Cash and cash equivalents	$ 215	$ 169
Receivables, net	441	434
Inventories, net	1,180	1,096
Prepaid expenses and other current assets	249	192
Total current assets	2,085	1,891
Property and equipment, net	470	476
Operating lease right-of-use assets	1,333	1,358
Intangible assets, net	1,634	1,847
Goodwill	1,256	1,418
Deferred tax assets	228	240
Other assets	196	250
Total assets	7,202	7,480
Current liabilities
Accounts payable	370	555
Accrued payroll and payroll related expenses	117	165
Accrued income taxes	68	52
Short-term operating lease liabilities	396	414
Short-term debt	15	29
Accrued expenses and other current liabilities	312	351
Total current liabilities	1,278	1,566
Long-term operating lease liabilities	1,387	1,467
Deferred tax liabilities	513	432
Long-term debt	1,585	1,131
Other long-term liabilities	296	326
Total liabilities	5,059	4,922
Commitments and contingencies
Shareholders’ equity
Ordinary shares, no par value; 650,000,000 shares authorized; 223,706,873 shares issued and 131,088,991 outstanding at October 1, 2022; 221,967,599 shares issued and 142,806,269 outstanding at April 2, 2022	0	0
Treasury shares, at cost (92,617,882 shares at October 1, 2022 and 79,161,330 shares at April 2, 2022)	(4,650)	(3,987)
Additional paid-in capital	1,311	1,260
Accumulated other comprehensive (loss) income	(35)	194
Retained earnings	5,517	5,092
Total shareholders’ equity of Capri	2,143	2,559
Noncontrolling interest	0	(1)
Total shareholders’ equity	2,143	2,558
Total liabilities and shareholders’ equity	$ 7,202	$ 7,480