(MOV) Movado - Overview
Sector: Consumer Cyclical | Industry: Luxury Goods | Exchange: NYSE (USA) | Market Cap: 611m USD | Total Return: 75.7% in 12m
Avg Turnover: 3.51M
EPS Trend: -86.5%
Qual. Beats: 0
Rev. Trend: -77.7%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Leader, Tailwind
Movado Group, Inc. (MOV) is a global designer and distributor of watches and accessories, operating through its Watch and Accessory Brands and Company Stores segments. The company maintains a diverse portfolio that includes owned brands such as Movado and MVMT, alongside a robust licensing division for fashion houses including Coach, Tommy Hilfiger, and Calvin Klein. Established in 1881, the firm utilizes a multi-channel distribution strategy encompassing department stores, independent jewelers, and direct-to-consumer e-commerce platforms.
The luxury goods sector relies heavily on brand equity and licensing agreements, which allow companies to leverage established fashion identities to capture different market price points. Movados business model is characterized by an asset-light approach to manufacturing, focusing primarily on the design, marketing, and distribution phases of the supply chain. For a deeper look into these financial metrics, consider reviewing the latest data on ValueRay. This operational structure helps the company manage inventory across a global network of third-party retailers and proprietary outlets.
- Licensed brand performance for Coach and Tommy Hilfiger drives global revenue
- Consumer discretionary spending shifts impact luxury and fashion watch demand
- Wholesale inventory levels at department stores dictate quarterly shipping volume
- International expansion in India and China offsets stagnant North American sales
- Marketing expenditure and digital customer acquisition costs pressure operating margins
| Net Income: 26.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 8.50 > 1.0 |
| NWC/Revenue: 60.21% < 20% (prev 57.70%; Δ 2.51% < -1%) |
| CFO/TA 0.08 > 3% & CFO 57.9m > Net Income 26.6m |
| Net Debt (-93.8m) to EBITDA (39.2m): -2.39 < 3 |
| Current Ratio: 4.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (22.9m) vs 12m ago 1.68% < -2% |
| Gross Margin: 54.16% > 18% (prev 0.54%; Δ 5.36k% > 0.5%) |
| Asset Turnover: 91.22% > 50% (prev 89.60%; Δ 1.62% > 0%) |
| Interest Coverage Ratio: 58.83 > 6 (EBITDA TTM 39.2m / Interest Expense TTM 507k) |
| A: 0.54 (Total Current Assets 517.2m - Total Current Liabilities 113.0m) / Total Assets 742.6m |
| B: 0.60 (Retained Earnings 442.2m / Total Assets 742.6m) |
| C: 0.04 (EBIT TTM 29.8m / Avg Total Assets 735.9m) |
| D: 2.38 (Book Value of Equity 553.2m / Total Liabilities 232.4m) |
| Altman-Z'' = 8.28 = AAA |
| DSRI: 0.96 (Receivables 102.0m/102.9m, Revenue 671.3m/653.4m) |
| GMI: 1.00 (GM 54.16% / 54.05%) |
| AQI: 0.88 (AQ_t 0.16 / AQ_t-1 0.18) |
| SGI: 1.03 (Revenue 671.3m / 653.4m) |
| TATA: -0.04 (NI 26.6m - CFO 57.9m) / TA 742.6m) |
| Beneish M = -3.15 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 28.45 with a total of 124,162 shares traded.
Over the past week, the price has changed by +5.49%,
over one month by +2.60%,
over three months by +12.47% and
over the past year by +75.66%.
Movado has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MOV.
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 30.8 | 8.1% |
P/E Trailing = 23.5043
P/E Forward = 17.8571
P/S = 0.9105
P/B = 1.1838
P/EG = 0.8358
Revenue TTM = 671.3m USD
EBIT TTM = 29.8m USD
EBITDA TTM = 39.2m USD
Long Term Debt = 58.1m USD (estimated: total debt 58.1m - short term 0.0)
Short Term Debt = 20.2m USD (from shortTermDebt, two quarters ago)
Debt = 136.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 78.7m
Net Debt = -93.8m USD (calculated: Debt 136.7m - CCE 230.5m)
Enterprise Value = 517.4m USD (611.2m + Debt 136.7m - CCE 230.5m)
Interest Coverage Ratio = 58.83 (Ebit TTM 29.8m / Interest Expense TTM 507k)
EV/FCF = 9.69x (Enterprise Value 517.4m / FCF TTM 53.4m)
FCF Yield = 10.32% (FCF TTM 53.4m / Enterprise Value 517.4m)
FCF Margin = 7.95% (FCF TTM 53.4m / Revenue TTM 671.3m)
Net Margin = 3.96% (Net Income TTM 26.6m / Revenue TTM 671.3m)
Gross Margin = 54.16% ((Revenue TTM 671.3m - Cost of Revenue TTM 307.7m) / Revenue TTM)
Gross Margin QoQ = 54.09% (prev 54.29%)
Tobins Q-Ratio = 0.70 (Enterprise Value 517.4m / Total Assets 742.6m)
Interest Expense / Debt = 0.37% (Interest Expense 507k / Debt 136.7m)
Taxrate = 11.06% (1.59m / 14.4m)
NOPAT = 26.5m (EBIT 29.8m * (1 - 11.06%))
Current Ratio = 4.58 (Total Current Assets 517.2m / Total Current Liabilities 113.0m)
Debt / Equity = 0.27 (Debt 136.7m / totalStockholderEquity, last quarter 510.3m)
Debt / EBITDA = -2.39 (Net Debt -93.8m / EBITDA 39.2m)
Debt / FCF = -1.76 (Net Debt -93.8m / FCF TTM 53.4m)
Total Stockholder Equity = 498.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.61% (Net Income 26.6m / Total Assets 742.6m)
RoE = 5.33% (Net Income TTM 26.6m / Total Stockholder Equity 498.3m)
RoCE = 5.36% (EBIT 29.8m / Capital Employed (Equity 498.3m + L.T.Debt 58.1m))
RoIC = 6.65% (NOPAT 26.5m / Invested Capital 399.0m)
WACC = 8.08% (E(611.2m)/V(748.0m) * Re(9.81%) + D(136.7m)/V(748.0m) * Rd(0.37%) * (1-Tc(0.11)))
Discount Rate = 9.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -42.22 | Cagr: 0.46%
[DCF] Terminal Value 75.44% ; FCFF base≈53.4m ; Y1≈53.6m ; Y5≈56.8m
[DCF] Fair Price = 61.96 (EV 883.4m - Net Debt -93.8m = Equity 977.2m / Shares 15.8m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -86.45 | EPS CAGR: -40.01% | SUE: -0.81 | # QB: 0
Revenue Correlation: -77.74 | Revenue CAGR: -3.22% | SUE: 1.33 | # QB: 1
EPS current Quarter (2026-07-31): EPS=0.34 | Chg30d=-2.86% | Revisions=-20% | Analysts=1
EPS current Year (2027-01-31): EPS=1.54 | Chg30d=+0.00% | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+0.9%
EPS next Year (2028-01-31): EPS=1.83 | Chg30d=-2.14% | Revisions=-20% | GrowthEPS=+18.8% | GrowthRev=+0.7%