Movado Group Intrinsic Value Calculation – Movado Group, Sees Major Investor Exit
April 12, 2023
Trending News 🌥️
Movado Group ($NYSE:MOV), Inc., a company specializing in luxury watches, has recently seen a major investor exit from its holdings. The investor, who has not been identified, has significantly reduced their stock holdings in the company. This news has sent shockwaves through the financial community as Movado Group, Inc. is a highly respected and well-established firm. It has acquired several high-end brands over the years, including Ebel, Concord, ESQ, Coach, and Tommy Hilfiger in its portfolio.
Movado Group, Inc. has seen its stock price drop as a result of the investor exit, but the company insists that it remains financially sound and well-positioned for continued growth. It has issued a statement reiterating its commitment to building upon its strong foundation and investing in new technologies and products. The company has expressed confidence that it will continue to be a leader in the watchmaking industry.
Share Price
On Tuesday, Movado Group, Inc. saw its stock open at $26.4 and close at $26.6, up by 1.2% from its last closing price of $26.3. This increase came despite a major investor exiting the company. The individual, who had held a significant stake in the company, sold their share, which impacted the overall market sentiment.
Nevertheless, the company’s stock managed to stay afloat and even rise slightly in the face of this news. This indicates that investors are still confident in the company’s long-term prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Movado Group. More…
| Total Revenues | Net Income | Net Margin |
| 751.9 | 94.53 | 12.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Movado Group. More…
| Operations | Investing | Financing |
| 54.34 | -10.55 | -65.31 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Movado Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 787.71 | 277.16 | 22.93 |
Key Ratios Snapshot
Some of the financial key ratios for Movado Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.4% | 40.9% | 16.3% |
| FCF Margin | ROE | ROA |
| 6.3% | 15.5% | 9.7% |
Analysis – Movado Group Intrinsic Value Calculation
We at GoodWhale have conducted an analysis of MOVADO GROUP‘s wellbeing and our proprietary Valuation Line has calculated the fair value of their share to be around $49.2. However, currently the MOVADO GROUP stock is trading at only $26.6, which is significantly undervalued by 45.9%. This discrepancy presents a great opportunity for investors who wish to capitalize on the undervalued share price. We thus advise investors to monitor MOVADO GROUP’s stock price movements and to consider investing in the company in the near future. More…
Peers
The company competes in the global market with other leading companies such as Lands’ End Inc, Bergio International Inc, and Vaibhav Global Ltd. Movado Group has a strong portfolio of brands that cater to different segments of the market. The company’s products are known for their unique design and superior quality. Movado Group has a wide distribution network and a strong marketing and advertising capability. The company’s focus on innovation and customer satisfaction has helped it to maintain its leading position in the market.
– Lands’ End Inc ($NASDAQ:LE)
Lands’ End is a retail company that sells clothing, luggage, and home furnishings. The company was founded in 1963 and is headquartered in Dodgeville, Wisconsin. Lands’ End operates through two segments: Direct and Retail. The Direct segment offers products through catalogs, website, and corporate sales. The Retail segment operates Lands’ End Shops at Sears locations and standalone Lands’ End Inlet stores. As of 2022, Lands’ End had a market cap of 314.92 million and a return on equity of 7.35%.
– Bergio International Inc ($OTCPK:BRGO)
Bergio International Inc is a publicly traded company that designs, manufactures, and markets fine jewelry. The company was founded in 1984 and is headquartered in New York, New York. As of 2022, Bergio International Inc had a market capitalization of $675,620.00 and a return on equity of -4.34%. The company’s products are sold through its own website and through independent retailers.
– Vaibhav Global Ltd ($BSE:532156)
As of 2022, Vaibhav Global Ltd has a market cap of 57.39B and a ROE of 10.1%. The company is engaged in the design, manufacture and export of fashion jewelry, watches and accessories. It has a strong presence in the US, Europe and Asia Pacific markets. The company has a wide range of products that are affordable and stylish.
Summary
Movado Group, Inc. has recently faced a major investor reducing their position in the company. This news could be concerning for shareholders, as it could signal a lack of confidence in the company’s performance or prospects. Investors should evaluate what could have lead to the reduction, such as weaker-than-expected earnings or changes in the competitive landscape. They should also consider the company’s financials, such as its balance sheet and income statement, to determine if there are any underlying issues that could be causing a selloff.
It may also be useful to compare Movado Group to its peers to evaluate its competitive position. Although this may seem daunting, with the right research, investors can gain valuable insight into whether Movado Group is a good investment.
