Movado Group Inc (MOV) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Movado Group Inc stock $45.86, price $31.03, upside +47.8%, quality 73 out of 100. Rating: undervalued. Calculated from audited financials with 25 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 6, 2026.
How to read this chart
60‑month range $11.59 – $39.30 · fair‑value band $34.40 – $57.33 · the $31.03 price screens below the $45.86 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 6, 2026.
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Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. It operates in two segments, Watch and Accessory Brands, and Company Stores.
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The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and KATE SPADE NEW YORK. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services.
The company's customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. It sells directly to consumers through its e-commerce platforms.
The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1881 and is headquartered in Paramus, New Jersey.
Stock analysis
Movado Group Inc (MOV) currently trades at $31.03, while our model-based Fair Value estimate is $45.86, implying the stock looks roughly 32% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $34.14 per share, and 8 of the 25 models we run sit above the $31.03 price.
Bear case: the Asset-Based group reads lowest at $12.43, and 17 of the 25 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $34.40 (bear) to $57.33 (bull), the price of $31.03 sits below 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 73/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Movado Group Inc reported revenue of $671M in FY2026 versus $732M in FY2022, a compound −2.2%/yr. Reported net income was $26.6M in FY2026, compounding −26.6%/yr from FY2022.
Key figures
Market cap $711M Small · P/E ratio 17.2 · P/S ratio 1.03 · EPS (TTM) $1.81 · Dividend yield 4.7% · Net margin 6.0% · Return on equity 8.4% · Return on assets (EBIT) 9.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 21% below its 52-week high and 84% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −1% fair-value upside, at 48%, MOV screens cheaper than that median.
Fair Value models
Bear$34.40Fair Value $45.86Bull$57.33
Price $31.03 · Upside +47.8%
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. Based on fiscal year 2026 figures (about 9 months old). Earnings retained since then ($0.2772 per share) are deliberately not added.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.
Best data coverage
FCF DCF$30.63$37.41$45.6781
Growth DCF$31.03$37.27$44.5779
Owner Earnings$26.76$32.26$38.9777
All 25 models by family
DCF Models
FCF DCF$30.63$37.41$45.6781
Owner Earnings$26.76$32.26$38.9777
5Y Revenue Exit$25.08$30.61$37.2073
5Y EBITDA Exit$26.46$33.03$40.1776
5Y P/E Exit$28.33$36.33$44.1271
10Y Revenue Exit$26.99$32.04$37.8967
10Y EBITDA Exit$28.06$33.53$39.8569
10Y P/E Exit$29.13$35.55$42.4664
Earnings-Based
Graham-Dodd$7.88$17.19$21.8963
PEG = 1.0$2.71$3.87$5.0355
EPV$17.88$18.95$19.8472
Dividend Discount
Gordon GGM$10.56$15.35$19.8667
DDM Multi-Stage$10.56$14.43$18.2565
Multiples
P/E Multiple$19.11$25.48$31.8561
P/S Multiple$14.77$19.69$24.6156
P/B Multiple$21.22$28.29$35.3653
EV/EBIT$24.19$30.05$35.9065
EV/EBITDA$22.03$27.17$32.3066
EV/Revenue$18.47$23.54$28.6253
Asset-Based
NCAV (Graham)$8.20$12.43$15.5353
Growth DCF
Growth DCF$31.03$37.27$44.5779
Rev-Margin DCF$25.08$31.00$37.3673
Economic Profit
Residual Income$16.38$16.54$17.2975
ROIC Compounder$17.88$18.95$19.8471
Growth Earnings
Growth-Adj P/E$14.13$20.19$26.2566
The fair value above starts from this blend and is adjusted for a year distorted by one-off effects.
In the last 6 months, no officer or director bought or sold shares on the open market.
SaleMichelle KennedySVP, Human Resources1,290 shares at $20.89$26,948Dec 9, 2025
Plus 3 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+2.8%
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.
−3.7%
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.
+5.8%
Start year 2021 (pandemic). Over 10 years: +1.2% a year
Revenue growth 33 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.
+5.0%
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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.
−11.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−16.5%
Dividend (yield on the price)4.7%
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.−16.5% vs −4.8%, slowing
Profit margin 2020 to 2026 ⓘ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% → 4%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
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).
−1.4%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −3.7% a year for the price.
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.Luxury Goods · 121 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score73 · Top 25%
Fair Value upside+47.8% · Top 25%
Profitability
Return on equity (12 months)8.4% · Below median
Return on assets3.6% · Below median
Net margin (12 months)6.0% · Above median
Operating margin (12 months)8.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)4.9% · Below median
Dividend yield (12 months)4.7% · Above median
Valuation Multiplesvs Luxury Goods median · lower = cheaper
P/E (12 months)17.2× · Pricier than median
P/B1.39× · Cheaper than median
P/S (12 months)1.03× · Cheaper than median
Price / free cash flow (fiscal year)13.3× · 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). "Movado Group Inc Fair Value". https://www.fairvalue-calculator.com/stock/MOV
Frequently asked questions
Is Movado Group Inc (MOV) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $45.86 versus a price of $31.03, about +48% upside (undervalued).
What is the fair value of MOV?
Our model-based fair value for Movado Group Inc is $45.86 (as of Nov 6, 2026), built from audited fundamentals. The current price: $31.03.
What is the quality score of MOV?
Movado Group Inc has a Quality Score of 73/100. 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 Movado Group Inc (MOV)?
Our model-based price target is the fair value of $45.86 (as of Nov 6, 2026) from 25 valuation models. Cautious scenario $34.40, optimistic scenario $57.33. It is a calculation from audited fundamentals, not an analyst target.
What is the Movado Group Inc stock forecast for 2026?
Our models put fair value at $45.86, about +48% upside versus a price of $31.03 (undervalued). Cautious scenario $34.40, optimistic scenario $57.33. The calculation is refreshed regularly with new filings.
What is the revenue of Movado Group Inc (MOV)?
Movado Group Inc reported trailing-twelve-month revenue of about $690M (latest available figure, as of Nov 6, 2026).
Does Movado Group Inc pay a dividend?
Movado Group Inc currently shows a dividend yield of 4.67% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Movado Group Inc (MOV) and when is the ex-dividend date?
Movado Group Inc pays a dividend of $1.45 per share a year, a dividend yield of 4.7%. The last ex-dividend date was Sep 8, 2026. A dividend has been paid every year since 2021. The payout ratio is 80.1% of earnings. Free cash flow covers the dividend 2.31 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Movado Group Inc (MOV)?
For today's price to be fair in a discounted-cash-flow model, Movado Group Inc would have to grow free cash flow by -1.4 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.8 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of MOV use?
Our models discount Movado Group Inc at 11.0 %: a base by market capitalisation (small), damped by beta 0.90, 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 Movado Group Inc that is -1.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Movado Group Inc (MOV) delivered so far?
Over the past 5 years revenue at Movado Group Inc grew +5.8 % a year. The price currently implies free-cash-flow growth of -1.4 % 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 Movado Group Inc (MOV) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Movado Group Inc (-1.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Movado Group Inc (MOV)?
The free-cash-flow yield on the price is 7.51 %: that much free cash flow Movado Group Inc produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Movado Group Inc (MOV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Movado Group Inc it is $45.86 per share (as of Nov 6, 2026), against a price of $31.03. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Movado Group Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, MOV trades below its calculated fair value: price $31.03, fair value $45.86, a gap of about +48% (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 MOV?
No. The price is what the market pays today ($31.03); the fair value is what the company's own numbers justify ($45.86). For Movado Group Inc the two are $14.83 per share apart. That gap is exactly why we show both numbers side by side.
How much is Movado Group Inc worth?
The market values Movado Group Inc at about $711M (market capitalisation, as of Nov 6, 2026). Per share that is $31.03; our models calculate a fair value of $45.86 per share.
What do the bullish and bearish scenarios say about MOV?
Our models span a range for Movado Group Inc: cautious scenario $34.40, base $45.86, optimistic $57.33 per share (as of Nov 6, 2026, price $31.03). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MOV?
Movado Group Inc trades at a price-to-earnings ratio of 17.2 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $45.86 is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2026), reported earnings, 5 of the years ex one-offs: 13.6. Other multiples: PEG 0.8, P/B 1.4, P/S 1.0, EV/EBITDA 8.7.
What is the PEG ratio of MOV?
The PEG ratio of Movado Group Inc is 0.84 (P/E divided by earnings growth, as of Nov 6, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Movado Group Inc (MOV)?
Balance-sheet figures for Movado Group Inc (as of Nov 6, 2026): return on equity 8.4%. They feed the Quality Score of 73/100, which measures business quality independently of the share price.
How far is MOV from its 52-week high?
Movado Group Inc trades at $31.03, about 21% below its 52-week high of $39.30 and 84% above the low of $16.84 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $45.86 is for.
Which stocks are comparable to Movado Group Inc?
From the same area (Consumer Cyclical) we also value Compagnie Financière Richemont SA, Christian Dior SE, Titan Company, Tapestry, Inc, 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 Movado Group Inc stock attractive at the current price?
The data as of Nov 6, 2026: price $31.03, calculated fair value $45.86 (+48%), Quality Score 73/100, from 25 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 MOV calculated?
We run Movado Group Inc through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $45.86 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. Movado Group Inc currently trades 32% 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 Movado Group Inc (MOV)?
The closing price on Nov 6, 2026 was $31.03. Our model-based fair value is $45.86, about +48% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Movado Group Inc right now?
The price is below even our cautious bear case ($34.40). The market is more pessimistic than our downside scenario. Solid quality (73/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Movado Group Inc (MOV) come from?
Earnings per share at Movado Group Inc grew −3.3 % a year from 2015 to 2026. Broken into its drivers: revenue per share +2.3 %, EBIT margin −8.0 %, tax rate +1.2 %, residual (interest, one-offs) +1.6 %. 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 Movado Group Inc
How large is the market capitalisation of Movado Group Inc (MOV)?
The market capitalisation of Movado Group Inc is $711M. 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 Movado Group Inc (MOV)?
The price-to-sales ratio of Movado Group Inc is 1.03 (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 Movado Group Inc (MOV)?
Earnings per share at Movado Group Inc are $1.81 (price ÷ EPS = P/E 17.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Movado Group Inc (MOV)?
The dividend yield of Movado Group Inc is 4.7% (payout 80.1%). 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 Movado Group Inc (MOV)?
The net margin of Movado Group Inc is 6.0% (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 Movado Group Inc (MOV)?
The return on equity (ROE) of Movado Group Inc is 8.4% (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 Movado Group Inc (MOV)?
On an EBIT basis the return on assets of Movado Group Inc is 9.0% (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 Movado Group Inc (MOV)?
The operating margin of Movado Group Inc is 8.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Movado Group Inc (MOV)?
Revenue at Movado Group Inc is growing +4.9% versus a year earlier (3y avg −3.7%). 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 Movado Group Inc (MOV)?
Earnings per share at Movado Group Inc are growing +308% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Movado Group Inc (MOV) hold?
Movado Group Inc holds more cash than debt, $152M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Some data
Nov 6, 2026