PVH Corp Stock Research

Market Summary

USD73.99+0.45

Market Closed

0.61%

PVH Stock Price

PVH RSI Chart

PVH Valuation

Market Cap

4.7B

Price/Earnings (Trailing)

10.36

Price/Sales (Trailing)

0.52

EV/EBITDA

9.01

Price/Free Cashflow

2.86

PVH Price/Sales (Trailing)

PVH Profitability

EBT Margin

3.48%

Return on Equity

9.38%

Return on Assets

3.97%

Free Cashflow Yield

34.94%

PVH Fundamentals

PVH Revenue

Revenue (TTM)

9.0B

Revenue Y/Y

-2.22%

Revenue Q/Q

6.98%

PVH Earnings

Earnings (TTM)

452.5M

Earnings Y/Y

-166.75%

Earnings Q/Q

-261.93%

Price Action

52 Week Range

43.4994.51

(Low)(High)

Last 7 days

1.2%

Last 30 days

-6.0%

Last 90 days

5.6%

Trailing 12 Months

-7.7%

PVH Financial Health

Current Ratio

1.35

Debt/Equity

0.45

Debt/Cashflow

0.9

PVH Investor Care

Dividend Yield

0.2%

Dividend/Share (TTM)

0.15

Buy Backs (1Y)

9.44%

Diluted EPS (TTM)

6.26

Peers (Alternatives to PVH)

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	188.7B	49.1B	-0.05%	-8.22%	33.49	3.84	6.05%	-8.67%
LULU	37.7B	7.5B	-1.84%	-0.68%	32.25	5.05	27.50%	34.32%
MID-CAP
TPR	9.6B	6.6B	-3.54%	8.90%	11.53	1.46	1.28%	0.05%
VFC	8.0B	11.7B	-19.43%	-62.66%	19.3	0.68	4.21%	-68.79%
RL	7.4B	6.4B	-5.67%	-1.68%	14.45	1.16	7.40%	2.63%
LEVI	6.4B	6.2B	-5.82%	-17.25%	11.25	1.04	7.02%	2.82%
COLM	5.3B	3.5B	-1.87%	-4.22%	17.13	1.54	10.80%	-12.05%
PVH	4.7B	9.0B	-5.96%	-7.71%	10.36	0.52	1.71%	-10.18%
UA	3.5B	5.8B	-11.25%	-48.36%	22.61	0.61	2.15%	-56.50%
KTB	2.7B	2.6B	11.89%	13.92%	10.96	1.02	6.28%	25.62%
SMALL-CAP
OXM	1.8B	1.3B	2.33%	43.84%	11.54	1.38	24.96%	68.50%
GIII	687.2M	3.1B	-8.19%	-48.98%	3.89	0.22	22.63%	5.80%
SGC	126.8M	572.2M	-32.38%	-53.65%	-4.26	0.22	5.91%	-179.21%
JRSH	59.7M	145.2M	3.83%	-24.78%	13.96	0.41	-3.11%	-51.07%
EVK	4.3M	313.4M	-52.52%	-87.98%	-1.57	0.01	2.82%	-297.70%

Financials for PVH

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-0.6%	8,965	9,017	9,198	9,155	8,815
Gross Profit	-1.4%	5,149	5,220	5,334	5,324	5,034
S&GA Expenses	-0.3%	4,450	4,462	4,454	4,454	4,372
EBITDA	-45.6%	708	1,302	-	-	-
EBITDA Margin	-45.3%	0.08*	0.14*	-	-	-
Earnings Before Taxes	-65.2%	312	897	993	973	765
EBT Margin	-65.0%	0.03*	0.10*	-	-	-
Interest Expenses	-5.0%	91.00	96.00	101	109	120
Net Income	-50.8%	453	919	986	952	504
Net Income Margin	-50.5%	0.05*	0.10*	-	-	-
Free Cahsflow	26.0%	1,638	1,300	-	-	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-4.3%	11,406	11,922	11,889	12,397	12,816
Current Assets	2.0%	3,655	3,584	3,365	3,654	3,859
Cash Equivalents	-34.6%	457	699	749	1,243	1,299
Inventory	7.8%	1,821	1,690	1,390	1,349	1,380
Net PPE	0.3%	845	842	863	906	897
Goodwill	-17.8%	2,214	2,695	2,746	2,829	2,894
Current Liabilities	1.8%	2,706	2,657	2,429	2,788	2,659
. Short Term Borrowings	703.3%	98.00	12.00	16.00	11.00	28.00
Long Term Debt	-2.2%	2,146	2,194	2,253	2,352	2,638
LT Debt, Current	-2.4%	37.00	38.00	36.00	35.00	33.00
LT Debt, Non Current	-2.2%	2,109	2,156	2,217	2,318	2,605
Shareholder's Equity	-7.4%	4,823	5,206	5,269	5,289	5,172
Retained Earnings	-3.9%	4,617	4,806	4,693	4,563	4,172
Additional Paid-In Capital	0.4%	3,233	3,221	3,208	3,198	3,182

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	23.2%	1,930	1,567	1,186	1,071	542
Share Based Compensation	2.7%	46.00	45.00	46.00	47.00	50.00
Cashflow From Investing	-846.1%	-279	-29.50	-53.00	-45.00	-15.70
Cashflow From Financing	24.7%	-708	-940	-1,010	-1,398	-999
Buy Backs	-7.5%	543	587	460	361	162

Risks for PVH

What is the probability of a big loss on PVH?

81.5%

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

68.8%

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

66.5%

Probability that PVH 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 PVH drawdown profile look like?

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

Drawdowns

Returns for PVH

Cumulative Returns on PVH

-4.1%

10-Year Cumulative Returns

-3.3%

7-Year Cumulative Returns

-11.9%

5-Year Cumulative Returns

36.6%

3-Year Cumulative Returns

What are the long-term rolling returns for PVH?

FIve years rolling returns for PVH.

Annualized Returns

Which funds bought or sold PVH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	18.84	16,702,900	35,847,900	0.04%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-98.75	-77,000	1,000	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	sold off	-100	-	-	-%
2023-02-28	Voya Investment Management LLC	reduced	-2.35	1,053,820	3,009,820	-%
2023-02-27	Parallax Volatility Advisers, L.P.	reduced	-77.39	-174,574	96,426	-%
2023-02-24	SRS Capital Advisors, Inc.	added	4.82	22,853	56,853	0.01%
2023-02-22	CVA Family Office, LLC	new	-	5,294	5,294	-%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	unchanged	-	253,000	694,000	0.01%
2023-02-21	Empirical Finance, LLC	added	0.29	405,604	1,103,600	0.11%
2023-02-21	NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC	reduced	-37.59	-6,919	426,081	0.01%

Latest Funds Activity

Are funds buying PVH calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own PVH

No. of Funds

PVH News

Schedule 13G FIlings of PVH

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	10.14%	6,423,991	SC 13G/A
Feb 06, 2023	wellington management group llp	0.02%	10,419	SC 13G/A
Jan 27, 2023	blackrock inc.	9.5%	6,042,276	SC 13G/A
Jan 24, 2023	blackrock inc.	9.5%	6,042,276	SC 13G/A
Jan 20, 2023	pzena investment management llc	11.65%	7,386,406	SC 13G/A
Jun 10, 2022	fmr llc	-	0	SC 13G/A
Feb 10, 2022	vanguard group inc	11.09%	7,758,229	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 07, 2022	blackrock inc.	6.4%	4,478,514	SC 13G/A

PVH Fair Value

PVH fair value in different scenarios

The table shows the Fair Value estimates for PVH 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	61.16 -17.34%	96.21 30.03%	135.90 83.67%	169.44 129.00%	205.03 177.11%
Current Inflation	57.83 -21.84%	87.71 18.54%	121.32 63.97%	150.22 103.03%	180.55 144.02%
Very High Inflation	53.52 -27.67%	77.33 4.51%	104.03 40.60%	127.57 72.42%	151.94 105.35%

Historical PVH Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of PVH

View All Filings

Date Filed	Form Type	Document
Mar 15, 2023	3	Insider Trading
Feb 09, 2023	SC 13G/A	Major Ownership Report
Feb 09, 2023	SC 13G/A	Major Ownership Report
Feb 08, 2023	8-K	Current Report
Feb 06, 2023	SC 13G/A	Major Ownership Report
Jan 27, 2023	SC 13G/A	Major Ownership Report
Jan 24, 2023	SC 13G/A	Major Ownership Report
Jan 20, 2023	SC 13G/A	Major Ownership Report
Jan 11, 2023	4	Insider Trading
Dec 14, 2022	8-K	Current Report

Latest Insider Trading transactions for PVH

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-01-11	FISCHER MARK D	sold	-140,292	81.00	-1,732	evp, general counsel & sec.
2022-12-09	HOLMES JAMES	sold	-329,852	74.6778	-4,417	evp & controller
2022-10-01	FULLER JULIE	sold (taxes)	-172,928	44.8	-3,860	chief people officer
2022-09-10	FISCHER MARK D	sold (taxes)	-35,505	60.59	-586	evp, general counsel & sec.
2022-09-10	HAGMAN MARTIJN	sold (taxes)	-24,296	60.59	-401	ceo th global/pvh europe
2022-09-10	HOLMES JAMES	sold (taxes)	-24,296	60.59	-401	evp & controller
2022-09-10	Larsson Stefan	sold (taxes)	-96,822	60.59	-1,598	chief executive officer
2022-09-06	HAGMAN MARTIJN	bought	100,094	53.93	1,856	ceo th global/pvh europe
2022-09-06	Coughlin Zachary	bought	100,000	53.8525	1,856	evp, chief financial officer
2022-09-06	Larsson Stefan	bought	1,000,000	53.9364	18,540	chief executive officer

About PVH

Stefan Larsson

www.pvh.com

31000

PVH Corp. operates as an apparel company worldwide. The company operates through six segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's, women's, and children's apparel and accessories, including branded dress shirts, neckwear, sportswear, jeans wear, performance apparel, intimate apparel, underwear, swimwear, swim-related products, handbags, accessories, footwear, outerwear, home furnishings, luggage products, sleepwear, loungewear, hats, scarves, gloves, socks, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, fragrance, home bed and bath furnishings, small leather goods, and other products. The company offers its products under its own brands, such as Tommy Hilfiger, Calvin Klein, Van Heusen, IZOD, ARROW, Warner's, Olga, Geoffrey Beene, and True&Co., as well as various other owned, licensed, and private label brands. It also licenses its own brands over various products. The company distributes its products at wholesale in department, chain, and specialty stores, as well as through warehouse clubs, mass market, and off-price and independent retailers; and through company-operated full-price, outlet stores, and concession locations, as well as through digital commerce sites. It markets its products to approximately 40 countries. PVH Corp. was founded in 1881 and is based in New York, New York.

PVH Income Statement

2022-10-30

Consolidated Statements of Operations - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Oct. 30, 2022

Oct. 31, 2021

Oct. 30, 2022

Oct. 31, 2021

Total revenue

^[1]

$ 2,280.8

$ 2,332.5

$ 6,535.5

$ 6,725.0

Cost of goods sold (exclusive of depreciation and amortization)

1,006.6

987.4

2,803.1

2,817.2

Gross profit

1,274.2

1,345.1

3,732.4

3,907.8

Selling, general and administrative expenses

1,085.0

1,097.3

3,194.8

3,198.7

Goodwill, Impairment Loss

417.1

0.0

417.1

0.0

Non-service related pension and postretirement income

(3.4)

(4.2)

(10.2)

(11.5)

Other gain

0.0

(118.9)

0.0

(118.9)

Equity in net income of unconsolidated affiliates

10.5

6.3

42.6

14.1

(Loss) income before interest and taxes

^[2]

(214.0)

377.2

173.3

853.6

Interest expense

21.1

25.9

65.9

83.7

Interest income

2.3

1.3

5.0

3.4

(Loss) income before taxes

(232.8)

352.6

112.4

773.3

Income tax (benefit) expense

(46.1)

72.9

50.7

212.1

Net (loss) income

(186.7)

279.7

61.7

561.2

Less: Net loss attributable to redeemable non-controlling interest

0.0

(0.3)

Net (loss) income attributable to PVH Corp.

$ (186.7)

$ 279.7

$ 61.7

$ 561.5

Basic net (loss) income per common share attributable to PVH Corp.

$ (2.88)

$ 3.94

$ 0.93

$ 7.89

Diluted net (loss) income per common share attributable to PVH Corp.

$ (2.88)

$ 3.89

$ 0.92

$ 7.77

Net sales

Total revenue

$ 2,144.7

$ 2,208.0

$ 6,182.4

$ 6,410.0

Royalty revenue

Total revenue

105.4

97.4

273.7

248.0

Advertising and other revenue

Total revenue

$ 30.7

$ 27.1

$ 79.4

$ 67.0

[1]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[2]	(Loss) income before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

PVH Balance Sheet

2022-10-30

Consolidated Balance Sheets - USD ($) $ in Millions	Oct. 30, 2022	Jan. 30, 2022	Oct. 31, 2021
Current Assets:
Cash and cash equivalents	$ 457.0	$ 1,242.5	$ 1,298.7
Trade receivables, net of allowances for credit losses of $50.9, $61.9 and $64.3	979.5	745.2	906.8
Other receivables	22.8	20.1	29.8
Inventories, net	1,821.2	1,348.5	1,379.6
Prepaid expenses	210.4	169.0	149.8
Other	163.8	128.4	94.2
Total Current Assets	3,654.7	3,653.7	3,858.9
Property, Plant and Equipment, net	844.6	906.1	897.1
Operating Lease Right-of-Use Assets	1,177.1	1,349.0	1,432.1
Goodwill	2,214.0	2,828.9	2,894.2
Tradenames	2,627.9	2,722.9	2,763.5
Other Intangibles, net	516.5	584.1	612.6
Other Assets, including deferred taxes of $38.4, $46.1 and $54.0	371.1	352.1	357.6
Total Assets	11,405.9	12,396.8	12,816.0
Current Liabilities:
Accounts payable	1,314.3	1,220.8	1,051.3
Accrued expenses	891.7	1,100.8	1,116.5
Deferred revenue	34.8	44.9	35.9
Current portion of operating lease liabilities	329.4	375.4	395.0
Short-term borrowings	98.0	10.8	27.8
Current portion of long-term debt	37.3	34.8	32.8
Total Current Liabilities	2,705.5	2,787.5	2,659.3
Long-Term Portion of Operating Lease Liabilities	1,066.1	1,214.4	1,285.7
Long-Term Debt	2,109.1	2,317.6	2,605.2
Other Liabilities, including deferred taxes of $306.1, $373.9 and $517.0	702.4	788.5	1,094.1
Stockholders' Equity:
Preferred stock, par value $100 per share; 150,000 total shares authorized	0.0	0.0	0.0
Common stock, par value $1 per share; 240,000,000 shares authorized; 87,619,250; 87,107,155 and 86,988,242 shares issued	87.6	87.1	87.0
Additional paid in capital - common stock	3,233.2	3,198.4	3,181.8
Retained earnings	4,616.8	4,562.8	4,172.0
Accumulated other comprehensive loss	(829.3)	(612.7)	(524.4)
Less: 23,807,754; 18,572,482 and 16,647,920 shares of common stock held in treasury, at cost	(2,285.5)	(1,946.8)	(1,744.7)
Total Stockholders' Equity	4,822.8	5,288.8	5,171.7
Total Liabilities and Stockholders' Equity	$ 11,405.9	$ 12,396.8	$ 12,816.0