Movado Group Inc

Consumer Discretionary
Consumer Specialties
www.movadogroup.com

Earnings Score
Moat Score

Market Cap $464.76M
PE 20
Debt $NaN
Cash $181.55M
EV $NaN
FCF $20.82M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$23.81M
EBIT	$33.22M
ROE	5%
ROA	4%
FCF	$20.82M
Equity	$506.42M
Growth Stability	-377%
PE	19.52
PEG	-1.62
PB	0.92
P/FCF	22.32
P/S	0.71
Price/Cash	0.39
Net Margins	2%
Gross Margins	54%
Op. Margins	5%
Earnings CAGR	8%
Sales Growth YoY	-3%
Sales Growth QoQ	15%
Sales CAGR	3%
FCF CAGR	1%
Equity CAGR	1%
Earnings Stability	0.08
Earnings Growth YoY	-71%
Earnings Growth QoQ	36%

Earnings CAGR 5Y	-12%
Sales CAGR 5Y	4%
FCF CAGR 5Y	0%
Equity CAGR 5Y	5%
Earnings CAGR 3Y	-6%
Sales CAGR 3Y	-6%
FCF CAGR 3Y	-36%
Equity CAGR 3Y	3%
Market Cap	$464.76M
Revenue	$658.33M
Dividend Yield	7%
Payout Ratio	130%
Assets	$765.88M
Cash	$181.55M
Shares Outstanding	22.28M
Earnings Score	7%
Moat Score	56%
Working Capital	398.36M
Current Ratio	4.27
Gross Profit	$357.05M
Shares Growth 3y	-1%
Equity Growth QoQ	-0%
Equity Growth YoY	1%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.

SEC Filings

Direct access to Movado Group Inc (MOV) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Oct 31
- 10-Q Jul 31
- 10-Q Apr 30
- 10-K Jan 31
2023
- 10-Q Oct 31
- 10-Q Jul 31
- 10-Q Apr 30
- 10-K Jan 31
2022
- 10-Q Oct 31
- 10-Q Jul 31
- 10-Q Apr 30
- 10-K Jan 31

Sector Comparison

How does Movado Group Inc compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Movado Group Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 8%

Stability 8%

loading chart...

Movado Group Inc Discounted Cash Flow

Fully customizable DCF calculator online for Movado Group Inc.

Years

Calculation mode

= $226M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$21M	$21M	$21M	$22M	$22M	$22M	$22M	$23M	$23M	$23M	$23M	$234M
DCF		$19M	$18M	$16M	$15M	$14M	$13M	$12M	$11M	$9.8M	$9M	$90M
Value	$226M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	01/2015	01/2016	01/2017	01/2018	01/2019	01/2020	01/2021	01/2022	01/2023	01/2024	TTM
Net Margins	9%	8%	6%	-3%	9%	6%	-22%	13%	13%	7%	2%
ROA	-	12%	9%	7%	8%	7%	-20%	15%	15%	8%	4%
ROE	-	10%	7%	-3%	12%	8%	-26%	19%	19%	9%	5%

Bad Net Margins (2.44%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	01/2015	01/2016	01/2017	01/2018	01/2019	01/2020	01/2021	01/2022	01/2023	01/2024	TTM
Debt over FCF	-	-	-	-	-	-	-	-	-	-	-
Debt over Equity	-	-	-	-	-	-	-	-	-	-	-
Growth Stability	-	-	-	-35%	100%	100%	-377%	-	100%	100%	-377%

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Neutral Debt/Equity ratio (-)

The company has a balance between equity and debt that is not too good nor too bad.

Bad Graham’s Stability (-377%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	01/2015	01/2016	01/2017	01/2018	01/2019	01/2020	01/2021	01/2022	01/2023	01/2024	CAGR 5Y
Revenue YoY growth	-	1%	-7%	3%	20%	3%	-28%	45%	3%	-11%	4%
Earnings YoY growth	-	-13%	-22%	-143%	-504%	-31%	-363%	-182%	3%	-51%	-12%
Equity YoY growth	-	-9%	7%	-1%	6%	6%	-19%	11%	8%	2%	5%
FCF YoY growth	-	37%	-21%	-7%	54%	-74%	238%	91%	-62%	45%	0%