Tapestry: The Luxury Fashion Company With an Attractive Price-To-Earnings Ratio

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Tapestry ($NYSE:TPR) is a luxury fashion company with a very attractive price-to-earnings ratio of just shy of 10x. This is in stark contrast to companies like Hermes, which has a ratio of 44.3x, or LVMH, which has a ratio of 22x. Tapestry’s products are significantly less expensive than those of its competitors, yet its quality is on par with, if not better than, that of its more expensive rivals. In addition, Tapestry’s products are more accessible to a wider range of consumers than those of its competitors.

Earnings

The company’s products are sold through a network of department stores, specialty stores, and Company-operated stores. Tapestry‘s latest earning report for FY2022 Q4 shows that the company earned 6684.5M USD in total revenue and 856.3M USD in net income. Compared to the previous year, this represents a 16.3% increase in total revenue and a 2.6% increase in net income. Over the last three years, Tapestry’s total revenue has grown from 4961.4M USD to 6684.5M USD.

About the Company

Share Price

At the time of writing, media sentiment towards the company is mostly positive. However, on Wednesday, Tapestry‘s stock opened at $31.0 and closed at $30.6, down by 2.2% from the previous day’s closing price of $31.3. Despite this, Tapestry remains a company with strong fundamentals and a bright future. Live Quote…

VI Analysis

The company is classified as a ‘gorilla’, meaning that it has achieved stable and high revenue or earning growth due to its strong competitive advantage. TAPESTRY has a high health score of 7/10, indicating that it is capable of sustaining future operations in times of crisis. TAPESTRY may be of interest to investors who are looking for a company with strong fundamentals and a strong competitive advantage. More…

VI Peers

In the luxury goods industry, Tapestry Inc. competes against companies like CCC SA, Prada SpA, and Nordstrom Inc. While each company has its own unique strengths, Tapestry Inc. has been able to compete effectively by offering a combination of high-quality products, exclusive designs, and excellent customer service. As a result, Tapestry Inc. has been able to maintain a loyal customer base and grow its business.

– CCC SA ($LTS:0LS5)

CCA SA is a Chile-based holding company engaged in the telecommunications sector. The Company’s main shareholder is América Móvil, S.A.B. de C.V. (AMX), through its subsidiary Telmex Internacional, S.A.B. de C.V. (Telmex). CCA SA’s subsidiaries include VTR Chile S.A., an operator of a pay television and Internet service; VTR Banda Ancha Ltda., a provider of broadband Internet; Willax TV Ltda., an over-the-air television broadcaster; Nextel Chile Ltda., a provider of digital mobile radio communications services; and Núcleo Ltda., a provider of telecommunications infrastructure.

– Prada SpA ($SEHK:01913)

Prada SpA is an Italian luxury fashion house that designs, manufactures, and markets men’s and women’s clothing, footwear, handbags, and other accessories. The company has a market cap of 96.72B as of 2022 and a Return on Equity of 11.91%. Prada was founded in 1913 by Mario Prada and is currently headed by Miuccia Prada. The company’s products are sold through its own boutiques, department stores, and online.

– Nordstrom Inc ($NYSE:JWN)

Nordstrom, Inc. is a leading fashion retailer offering quality apparel, shoes, and accessories for men, women, and children. Nordstrom operates more than 120 stores in the United States and Canada, and also has an e-commerce business. The company’s strong performance is due in part to its focus on customer service and providing a unique shopping experience. Nordstrom’s market cap is 3.15B as of 2022, and its ROE is 70.09%. Nordstrom is a publicly traded company on the Nasdaq stock exchange.

Summary

If you’re looking for a luxury fashion company with an attractive price-to-earnings ratio, Tapestry is a good option to consider. The company’s stock has been on the rise in recent months, as investors have become increasingly bullish on the luxury goods sector. Tapestry’s strong financials and promising growth prospects make it a compelling investment proposition.