PVH Corp (PVH) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of PVH Corp stock $107, price $89.95, upside +19.0%, quality 59 out of 100. Rating: undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $44.48 – $139.98 · fair‑value band $51.51 – $162.50 · the $89.95 price screens below the $107.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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PVH Corp., together with its subsidiaries, operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments.
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It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products.
The company offers its products under its own brands, such as TOMMY HILFIGER, TOMMY JEANS, Calvin Klein, Calvin Klein Jeans, Calvin Klein Underwear, Calvin Klein collection, and Calvin Klein sport, as well as various other owned, licensed, and private label brands.
It distributes its products at wholesale in department, chain, and specialty stores; through warehouse clubs, mass market, and off-price and independent retailers; and through company-operated full-price, outlet stores, and concession locations; and through digital commerce sites.
PVH Corp. was formerly known as Phillips-Van Heusen Corporation and changed its name to PVH Corp. in June 2011. The company was founded in 1881 and is based in New York, New York.
Stock analysis
PVH Corp (PVH) currently trades at $89.95, while our model-based Fair Value estimate is $107.01, implying the stock looks roughly 16% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $137.08 per share, and 10 of the 24 models we run sit above the $89.95 price.
Bear case: the Economic Profit group reads lowest at $61.17, and 14 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $51.51 (bear) to $162.50 (bull), the price of $89.95 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
PVH Corp reported revenue of $9.0B in FY2026 versus $9.2B in FY2022, a compound −0.6%/yr. Reported net income was $25.3M in FY2026, compounding −59.6%/yr from FY2022.
Key figures
Market cap $4.3B Mid · P/S ratio 0.44 · EPS (TTM) $−3.46 · Dividend yield 0.2% · Net margin −1.9% · Return on equity −3.5% · Return on assets (EBIT) 7.2% (5-year average) · Operating margin 5.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 25 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 48% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −7% fair-value upside, at 19%, PVH screens cheaper than that median.
Fair Value models
Bear$51.51Fair Value $107.01Bull$162.50
Price $89.95 · Upside +19.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director bought shares worth $1.0M, on Sep 11, 2026.
BuyStefan LarssonChief Executive Officer, Director14,179 shares at $70.53$1.0MSep 11, 2026
SaleMark D FischerEVP, General Counsel & Sec.6,939 shares at $92.59$642,500Apr 17, 2026
Plus 13 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.63/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+3.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.6%
Start year 2021 (pandemic). Over 10 years: +1.1% a year
Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.2%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+1.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.1%
Dividend (yield on the price)0.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−43.8% vs −22.5%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6% → 8%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+2.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+1.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +0.2% a year for the price and −1.1% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Low profitability and thin evidence of a durable moat form the main weakness, while embedding OpenAI to improve design, planning and engagement supplies the chief operational strength.
Main risk: Dependence on creative intuition and supply-chain discipline that AI may complicate risks limiting the conversion of operational gains into lasting consumer preference and thereby hitting demand.
PVH is embedding OpenAI across its global operations to sharpen product design, demand planning and consumer engagement at Calvin Klein and Tommy Hilfiger. The move extends the PVH+ plan into data-driven execution, yet the apparel business still depends on creative intuition and supply-chain discipline that AI may accelerate or complicate. Our models see the stock as undervalued. Will the technology mainly amplify existing brand momentum or expose limits in translating operational gains into lasting consumer preference?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Apparel Manufacturing · 213 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside+19.0% · Above median
Profitability
Return on assets0.2% · Below median
Net margin (12 months)−1.9% · Bottom 25%
Operating margin (12 months)5.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)−3.2% · Below median
Dividend yield (12 months)0.2% · Bottom 25%
Balance sheet
Debt / equity0.48× · Highest 25%
Valuation Multiplesvs Apparel Manufacturing median · lower = cheaper
P/B0.90× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)0.48× · Cheaper than median
Price / free cash flow (fiscal year)8.0× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "PVH Corp Fair Value". https://www.fairvalue-calculator.com/stock/PVH
Frequently asked questions
Is PVH Corp (PVH) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $107.01 versus a price of $89.95, about +19% upside (undervalued).
What is the fair value of PVH?
Our model-based fair value for PVH Corp is $107.01 (as of Nov 7, 2026), built from audited fundamentals. The current price: $89.95.
What is the quality score of PVH?
PVH Corp has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for PVH Corp (PVH)?
Our model-based price target is the fair value of $107.01 (as of Nov 7, 2026) from 24 valuation models. Cautious scenario $51.51, optimistic scenario $162.50. It is a calculation from audited fundamentals, not an analyst target.
What is the PVH Corp stock forecast for 2026?
Our models put fair value at $107.01, about +19% upside versus a price of $89.95 (undervalued). Cautious scenario $51.51, optimistic scenario $162.50. The calculation is refreshed regularly with new filings.
What is the revenue of PVH Corp (PVH)?
PVH Corp reported trailing-twelve-month revenue of about $8.9B (latest available figure, as of Nov 7, 2026).
Does PVH Corp pay a dividend?
PVH Corp currently shows a dividend yield of 0.17% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of PVH Corp (PVH) and when is the ex-dividend date?
PVH Corp pays a dividend of $0.15 per share a year, a dividend yield of 0.2%. The last ex-dividend date was Sep 2, 2026. A dividend has been paid every year since at least 1984. The payout ratio is 1.3% of earnings (on adjusted earnings, reported 27.4%). Free cash flow covers the dividend 77.80 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into PVH Corp (PVH)?
For today's price to be fair in a discounted-cash-flow model, PVH Corp would have to grow free cash flow by +2.6 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.6 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of PVH use?
Our models discount PVH Corp at 11.6 %: a base by market capitalisation (mid), damped by beta 1.76, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For PVH Corp that is +2.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has PVH Corp (PVH) delivered so far?
Over the past 5 years revenue at PVH Corp grew +4.6 % a year. The price currently implies free-cash-flow growth of +2.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of PVH Corp (PVH) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into PVH Corp (+2.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of PVH Corp (PVH)?
The free-cash-flow yield on the price is 12.50 %: that much free cash flow PVH Corp produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of PVH Corp (PVH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PVH Corp it is $107.01 per share (as of Nov 7, 2026), against a price of $89.95. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is PVH Corp stock overvalued or undervalued in 2026?
As of Nov 7, 2026, PVH trades below its calculated fair value: price $89.95, fair value $107.01, a gap of about +19% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PVH?
No. The price is what the market pays today ($89.95); the fair value is what the company's own numbers justify ($107.01). For PVH Corp the two are $17.06 per share apart. That gap is exactly why we show both numbers side by side.
How much is PVH Corp worth?
The market values PVH Corp at about $4.3B (market capitalisation, as of Nov 7, 2026). Per share that is $89.95; our models calculate a fair value of $107.01 per share.
What do the bullish and bearish scenarios say about PVH?
Our models span a range for PVH Corp: cautious scenario $51.51, base $107.01, optimistic $162.50 per share (as of Nov 7, 2026, price $89.95). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of PVH?
The PEG ratio of PVH Corp is 0.06 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of PVH Corp (PVH)?
Balance-sheet figures for PVH Corp (as of Nov 7, 2026): return on equity −3.5%, debt of 0.48 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is PVH from its 52-week high?
PVH Corp trades at $89.95, about 9% below its 52-week high of $98.72 and 48% above the low of $60.81 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $107.01 is for.
Which stocks are comparable to PVH Corp?
From the same area (Consumer Cyclical) we also value Ralph Lauren Corporation, Moncler S.p.A, LPP SA, Levi Strauss & Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is PVH Corp stock attractive at the current price?
The data as of Nov 7, 2026: price $89.95, calculated fair value $107.01 (+19%), Quality Score 59/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PVH calculated?
We run PVH Corp through 24 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $107.01 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. PVH Corp currently trades 16% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of PVH Corp (PVH)?
The closing price on Nov 6, 2026 was $89.95. Our model-based fair value is $107.01, about +19% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PVH Corp right now?
The model range is unusually wide ($51.51 to $162.50). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of PVH Corp (PVH) come from?
Earnings per share at PVH Corp grew +2.3 % a year from 2015 to 2026. Broken into its drivers: revenue per share +5.6 %, EBIT margin −0.9 %, tax rate −2.0 %, residual (interest, one-offs) −0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of PVH Corp
How large is the market capitalisation of PVH Corp (PVH)?
The market capitalisation of PVH Corp is $4.3B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of PVH Corp (PVH)?
The price-to-sales ratio of PVH Corp is 0.44 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of PVH Corp (PVH)?
Earnings per share at PVH Corp are $−3.46. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of PVH Corp (PVH)?
The dividend yield of PVH Corp is 0.2% (payout 1.3%, on adjusted earnings, reported 27.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of PVH Corp (PVH)?
The net margin of PVH Corp is −1.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of PVH Corp (PVH)?
The return on equity (ROE) of PVH Corp is −3.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of PVH Corp (PVH)?
On an EBIT basis the return on assets of PVH Corp is 7.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of PVH Corp (PVH)?
The operating margin of PVH Corp is 5.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PVH Corp (PVH)?
Revenue at PVH Corp is growing −3.2% versus a year earlier (3y avg −0.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at PVH Corp (PVH)?
Earnings per share at PVH Corp are growing −96.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does PVH Corp (PVH) carry?
The net debt of PVH Corp is $3.6B (fiscal year 2026, ≈ 6.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 7, 2026