Movado Group designs, sources, markets, and distributes fine watches in the United States and internationally. The company operates in two segments, wholesale and retail. The company was founded in 1961 and is based in Paramus, New Jersey.
MOV Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MOV, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Movado Group Inc ranked in the 34th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Movado Group Inc, consider:
The company's compound free cash flow growth rate over the past 5.41 years comes in at -0.01%; that's greater than only 23.2% of US stocks we're applying DCF forecasting to.
Movado Group Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -118. This coverage rate is greater than that of merely 1.91% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 11. This value is greater than 68.28% stocks in the Consumer Cyclical sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Movado Group Inc? See MAR, FLWS, IGT, LEAT, and ETM.
Movado Group has announced that it has entered into a license agreement with Calvin Klein, Inc, for the design, product development, distribution and marketing of Swiss made and fashion timepieces, as well as fashion jewellery. The agreement will commence in January 2022 and has an initial term …
Movado Group (MOV) inks a license agreement with PVH (PVH) subsidiary Calvin Klein for the design, product development, distribution and marketing of Swiss made and fashion timepieces, as well as fashion jewelry.The five-year agreement will begin in January of 2022. The companies says the arrangement will support Calvin Klein's strategy to reignite the...
"The team's efforts allowed us to capture strong online demand where our Movado ([[MOV]] -0.3%) brand generated a 130% increase in our own and third party e-commerce sales. In North America, we reopened our outlet stores in June and were encouraged by the improved sequential performance in July, despite reduced stores...