V.f. Corporation Stock Intrinsic Value – VF Corp Stock Plummets After Cybersecurity Incident Involving Subsidiary Vans
December 19, 2023
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V.F. ($NYSE:VFC): VF Corporation (VFC) is a well-established global apparel and footwear company, with a portfolio of iconic brands such as Vans, The North Face, Lee and Wrangler. Recently, the company’s stock experienced its worst day in more than a month following a cybersecurity incident involving its subsidiary, Vans. The incident involved a data breach that exposed customer information, including payment card and other personal data of Vans’ customers. In response to the breach, Vans has notified affected customers and provided them with guidance on how to protect their personal information. The incident has caused the stock price of VFC to plummet, as investors are concerned about the potential financial and reputational damage this incident could cause the company.
In addition, there is fear that if this incident results in legal action, it could have a significant financial impact on the company. VF Corp is taking steps to rectify the situation and strengthen its cybersecurity measures, but the incident has shaken investor confidence in the company. It remains to be seen how this incident will affect the company’s stock price in the long run.
Share Price
On Monday, V.F. CORPORATION stock took a considerable plunge when it opened at $18.9 and closed at $18.4, a drop of 7.8% from its last closing price of 19.9. This drop was due to a cybersecurity incident involving Vans, a subsidiary of V.F. CORPORATION. This incident caused Vans’ online customers’ data to be vulnerable to malicious actors, leaving company officials scrambling to respond and mitigate the breach.
The incident had a direct impact on V.F. CORPORATION stock, as investors reacted to the news and pulled their money out of the company. Despite the incident, company leadership is confident that Vans and V.F. CORPORATION will be able to recover, and the stock price will eventually rebound. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for V.f. Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 11.39k | -215.15 | 0.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for V.f. Corporation. More…
| Operations | Investing | Financing |
| 238.9 | -206.08 | -70.76 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for V.f. Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.14k | 10.93k | 6.99 |
Key Ratios Snapshot
Some of the financial key ratios for V.f. Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.4% | 14.6% | 6.1% |
| FCF Margin | ROE | ROA |
| -0.2% | 16.0% | 3.3% |
Analysis – V.f. Corporation Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of V.F. CORPORATION‘s wellbeing. Our proprietary Valuation Line indicated that the fair value of a V.F. CORPORATION share was around $50.9. This indicates that the current stock price of $18.4 represents an astounding undervaluation of 63.8%. GoodWhale believes that V.F. CORPORATION’s stock is an excellent investment opportunity and should be strongly considered by investors. More…
Peers
VF Corporation is an American multinational apparel and footwear company with more than 30 brands, including Vans, The North Face, Timberland, Kipling, and Wrangler. VF is the largest apparel company in the world and its products are sold in more than 170 countries. Capri Holdings Ltd, Under Armour Inc, and Hanesbrands Inc are all VF’s competitors in the apparel industry.
– Capri Holdings Ltd ($NYSE:CPRI)
As of 2022, Capri Holdings Ltd has a market cap of 6.42B and ROE of 25.1%. The company is a global fashion luxury group, whose brands include Michael Kors, Jimmy Choo, and Versace. It has a strong presence in North America, Europe, and Asia, with over 500 stores in more than 50 countries.
– Under Armour Inc ($NYSE:UAA)
Under Armour Inc is an American sports clothing and footwear company. The company’s products are designed to improve athletic performance. Under Armour was founded in 1996 by Kevin Plank, a former University of Maryland football player. The company is headquartered in Baltimore, Maryland.
– Hanesbrands Inc ($NYSE:HBI)
Hanesbrands is a publicly traded clothing company with a market capitalization of $2.41 billion as of 2022. The company’s return on equity, a measure of profitability, was 54.97% as of the same year. Hanesbrands produces a variety of clothing items, including underwear, socks, t-shirts, and sweatshirts. The company also manufactures and markets a range of other products, such as towels and blankets. Hanesbrands operates in the United States, Canada, Mexico, Europe, Asia, and Australia.
Summary
V.F. Corporation, the parent company of Vans, recently experienced their worst day in over a month due to a cybersecurity incident. This resulted in a significant drop in their stock price. Generally, investing in V.F. Corporation can be a good option for those looking for a long-term portfolio addition, as their stock has shown consistent, moderate growth over time. They are also known to have higher dividends than the industry average.
The company is well diversified, with products in apparel, footwear, and active lifestyle categories. Investors should consider their risk tolerance and research this company further before investing.
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