(TPR) Tapestry - Overview
Sector: Consumer Cyclical | Industry: Luxury Goods | Exchange: NYSE (USA) | Market Cap: 28.995m USD | Total Return: 88.1% in 12m
Avg Turnover: 372M
EPS Trend: 93.3%
Qual. Beats: 3
Rev. Trend: 86.0%
Qual. Beats: 7
Warnings
Altman Z'' -0.09 < 1.0 - financial distress zone
Tailwinds
Idiosyncratic Leader, Confidence
Tapestry, Inc. is a New York-based luxury fashion house that manages a portfolio of three distinct brands: Coach, Kate Spade, and Stuart Weitzman. The company designs and markets a broad range of lifestyle products, including handbags, small leather goods, footwear, and ready-to-wear apparel. Its distribution network utilizes a multi-channel strategy encompassing retail stores, outlet locations, e-commerce platforms, and wholesale concessions across North America, Asia, and Europe.
Operating within the premium accessories sector, Tapestry utilizes a house of brands model to achieve economies of scale in supply chain management and digital marketing. The luxury goods industry is characterized by high gross margins and significant brand equity, where consumer demand is often driven by discretionary spending patterns and regional economic shifts. You can further analyze these margin trends and valuation metrics on ValueRay.
Founded in 1941 and formerly known as Coach, Inc., the firm rebranded in 2017 to reflect its expansion into a diversified luxury group. The business model focuses on balancing accessible luxury positioning with high-end craftsmanship to capture a wide demographic of global consumers.
- Coach brand performance drives core revenue and operating margin expansion
- Consumer demand recovery in Greater China influences international segment growth
- Direct-to-consumer sales mix optimization improves gross margin realization
- Potential Capri Holdings acquisition outcome impacts capital allocation and leverage
- Discretionary spending trends in North America dictate volume for Kate Spade
| Net Income: 662.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.27 > 0.02 and ΔFCF/TA 14.93 > 1.0 |
| NWC/Revenue: 15.81% < 20% (prev 17.93%; Δ -2.12% < -1%) |
| CFO/TA 0.29 > 3% & CFO 1.90b > Net Income 662.8m |
| Net Debt (4.40b) to EBITDA (1.11b): 3.97 < 3 |
| Current Ratio: 1.84 > 1.5 & < 3 |
| Outstanding Shares: last quarter (208.3m) vs 12m ago -2.62% < -2% |
| Gross Margin: 76.18% > 18% (prev 0.75%; Δ 7.54k% > 0.5%) |
| Asset Turnover: 114.0% > 50% (prev 94.15%; Δ 19.86% > 0%) |
| Interest Coverage Ratio: 15.29 > 6 (EBITDA TTM 1.11b / Interest Expense TTM 58.1m) |
| A: 0.19 (Total Current Assets 2.72b - Total Current Liabilities 1.48b) / Total Assets 6.47b |
| B: -0.49 (Retained Earnings -3.17b / Total Assets 6.47b) |
| C: 0.13 (EBIT TTM 888.6m / Avg Total Assets 6.89b) |
| D: -0.59 (Book Value of Equity -3.40b / Total Liabilities 5.78b) |
| Altman-Z'' = -0.09 = B |
| DSRI: 0.93 (Receivables 565.9m/532.2m, Revenue 7.85b/6.88b) |
| GMI: 0.99 (GM 76.18% / 75.09%) |
| AQI: 0.78 (AQ_t 0.29 / AQ_t-1 0.37) |
| SGI: 1.14 (Revenue 7.85b / 6.88b) |
| TATA: -0.19 (NI 662.8m - CFO 1.90b) / TA 6.47b) |
| Beneish M = -3.32 (Cap -4..+1) = AA |
As of May 31, 2026, the stock is trading at USD 145.46 with a total of 3,251,799 shares traded.
Over the past week, the price has changed by +4.56%,
over one month by +2.73%,
over three months by -6.19% and
over the past year by +88.13%.
Tapestry has received a consensus analysts rating of 4.14. Therefore, it is recommended to buy TPR.
- StrongBuy: 10
- Buy: 5
- Hold: 5
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 165.1 | 13.5% |
P/E Trailing = 43.753
P/E Forward = 18.2815
P/S = 3.6933
P/B = 41.1047
P/EG = 0.2841
Revenue TTM = 7.85b USD
EBIT TTM = 888.6m USD
EBITDA TTM = 1.11b USD
Long Term Debt = 2.38b USD (from longTermDebt, last quarter)
Short Term Debt = 310.3m USD (from shortTermDebt, last quarter)
Debt = 5.47b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.55b
Net Debt = 4.40b USD (calculated: Debt 5.47b - CCE 1.07b)
Enterprise Value = 33.4b USD (29.0b + Debt 5.47b - CCE 1.07b)
Interest Coverage Ratio = 15.29 (Ebit TTM 888.6m / Interest Expense TTM 58.1m)
EV/FCF = 19.03x (Enterprise Value 33.4b / FCF TTM 1.75b)
FCF Yield = 5.26% (FCF TTM 1.75b / Enterprise Value 33.4b)
FCF Margin = 22.35% (FCF TTM 1.75b / Revenue TTM 7.85b)
Net Margin = 8.44% (Net Income TTM 662.8m / Revenue TTM 7.85b)
Gross Margin = 76.18% ((Revenue TTM 7.85b - Cost of Revenue TTM 1.87b) / Revenue TTM)
Gross Margin QoQ = 76.88% (prev 75.46%)
Tobins Q-Ratio = 5.16 (Enterprise Value 33.4b / Total Assets 6.47b)
Interest Expense / Debt = 1.06% (Interest Expense 58.1m / Debt 5.47b)
Taxrate = 17.36% (72.2m / 416.0m)
NOPAT = 734.4m (EBIT 888.6m * (1 - 17.36%))
Current Ratio = 1.84 (Total Current Assets 2.72b / Total Current Liabilities 1.48b)
Debt / Equity = 8.01 (Debt 5.47b / totalStockholderEquity, last quarter 682.4m)
Debt / EBITDA = 3.97 (Net Debt 4.40b / EBITDA 1.11b)
Debt / FCF = 2.51 (Net Debt 4.40b / FCF TTM 1.75b)
Total Stockholder Equity = 622.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.62% (Net Income 662.8m / Total Assets 6.47b)
RoE = 17.46% (Net Income TTM 662.8m / Total Stockholder Equity 3.80b)
RoCE = 14.39% (EBIT 888.6m / Capital Employed (Equity 3.80b + L.T.Debt 2.38b))
RoIC = 13.96% (NOPAT 734.4m / Invested Capital 5.26b)
WACC = 9.30% (E(29.0b)/V(34.5b) * Re(10.89%) + D(5.47b)/V(34.5b) * Rd(1.06%) * (1-Tc(0.17)))
Discount Rate = 10.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -55.56 | Cagr: -4.62%
[DCF] Terminal Value 74.95% ; FCFF base≈1.41b ; Y1≈1.62b ; Y5≈2.38b
[DCF] Fair Price = 130.0 (EV 30.7b - Net Debt 4.40b = Equity 26.3b / Shares 202.0m; r=9.30% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 93.26 | EPS CAGR: 20.49% | SUE: 2.29 | # QB: 3
Revenue Correlation: 86.01 | Revenue CAGR: 5.32% | SUE: 2.37 | # QB: 7
EPS next Quarter (2026-09-30): EPS=1.47 | Chg30d=+4.28% | Revisions=+57% | Analysts=11
EPS current Year (2026-06-30): EPS=6.97 | Chg30d=+7.28% | Revisions=+82% | GrowthEPS=+36.7% | GrowthRev=+13.8%
EPS next Year (2027-06-30): EPS=7.71 | Chg30d=+6.95% | Revisions=+82% | GrowthEPS=+10.7% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: +82%