Gap Stock Fair Value Calculator – Kanye West Slams The GAP for $2 Million Lawsuit, Accuses Ex-Partner of Breach of Contract
June 27, 2023
🌧️Trending News
Kanye West has hit out at The GAP ($NYSE:GPS) in recent days after the company filed a $2 million lawsuit against him, accusing the rapper-turned-entrepreneur of not fulfilling its ‘contractual obligations’. West made it clear that he would not have agreed to a partnership with The GAP had he known this would be the outcome. It offers a wide range of affordable products such as jeans, t-shirts, polos, dresses, and more for men, women, and children. It is also an active promoter of sustainability initiatives as well as community engagement programs.
Price History
On Monday, Kanye West slammed The GAP for filing a $2 million lawsuit against him, accusing his ex-partner of breaching their contract. The news of the lawsuit caused The GAP’s stock to open at $8.7 and close at $8.8, up by 1.5% from its previous closing price of 8.7. West accused his ex-partner of signing a deal with him without consulting him properly, and called out the company for attempting to take credit for work he had done independently.
He also criticized the GAP for its lack of support during the launch of his Yeezy clothing line. West pointed out that the company had not done enough to promote his work and had instead prioritized its own interests. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gap. GAP_for_2_Million_Lawsuit_Accuses_Ex-Partner_of_Breach_of_Contract”>More…
| Total Revenues | Net Income | Net Margin |
| 15.41k | -58 | -0.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gap. GAP_for_2_Million_Lawsuit_Accuses_Ex-Partner_of_Breach_of_Contract”>More…
| Operations | Investing | Financing |
| 984 | -362 | -285 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gap. GAP_for_2_Million_Lawsuit_Accuses_Ex-Partner_of_Breach_of_Contract”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.93k | 8.75k | 6.1 |
Key Ratios Snapshot
Some of the financial key ratios for Gap are shown below. GAP_for_2_Million_Lawsuit_Accuses_Ex-Partner_of_Breach_of_Contract”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.4% | -15.9% | 0.9% |
| FCF Margin | ROE | ROA |
| 2.7% | 3.8% | 0.8% |
Analysis – Gap Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of the wellbeing of GAP. Our proprietary Valuation Line has calculated the fair value of GAP shares to be around $18.9, however the current price of GAP stock is trading at $8.8 – this represents an undervaluation of 53.3%. Therefore, it could be a great opportunity for investors to buy and take advantage of this undervalued asset. More…
Peers
Gap Inc. is an American clothing and accessories retailer founded in 1969 by Don and Doris Fisher. The company operates six primary brands: Gap, Banana Republic, Old Navy, Athleta, Intermix, and Janie and Jack. Gap Inc. is headquartered in San Francisco, California. As of February 2019, Gap Inc. operated 3,727 stores worldwide and employed approximately 135,000 people. Abercrombie & Fitch Co. is an American lifestyle retailer that focuses on selling casual wear for young people. The company was founded in 1892 by David T. Abercrombie and Ezra Fitch and is headquartered in New Albany, Ohio. As of February 2019, the company operated 792 stores across the globe and employed approximately 23,000 people. The Children’s Place Inc. is an American children’s clothing retailer founded in 1969. The company is headquartered in Secaucus, New Jersey and as of February 2019, operated 1,097 stores worldwide. The company employs approximately 19,000 people. World Co Ltd is a Japanese retail company founded in 1949. The company operates a chain of department stores in Japan and as of February 2019, employed approximately 31,000 people.
– Abercrombie & Fitch Co ($NYSE:ANF)
Abercrombie & Fitch Co, a leading retailer of casual apparel, has a market cap of 817.96M as of 2022. The company’s ROE is 14.85%. Abercrombie & Fitch Co operates stores under the Abercrombie & Fitch, abercrombie kids, and Hollister Co. banners in the United States and internationally. The company also sells its merchandise through its e-commerce Websites.
– Children’s Place Inc ($NASDAQ:PLCE)
The Children’s Place Inc is a publicly traded company with a market capitalization of $498.72 million as of 2022. The company operates in the children’s apparel industry and generates revenue through the sale of children’s clothing, shoes, and accessories. The Children’s Place Inc has a return on equity of 55.72%. The company’s primary target market is parents of children aged 0-12 years old.
– World Co Ltd ($TSE:3612)
Suntech Power Holdings Co., Ltd. is a solar company. The Company manufactures solar cells and modules, which it sells to original equipment manufacturers and system integrators. Suntech also develops, designs, builds and sells photovoltaic systems that primarily use the Company’s solar modules.
Summary
GAP has recently been involved in a legal dispute with its former partner, Kanye West. West has accused the company of failing to fulfill its contractual obligations, and is suing GAP for $2 million. In terms of investing, this event could be seen as a warning to potential investors, as it may indicate that GAP is not living up to its standards of commitment and reliability.
In addition, it could also have other implications for the company’s future endeavors, as it could have an impact on how GAP is perceived by customers and other partners. Investors should remain vigilant and carefully consider the risks involved before investing in GAP.
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