PVH Corp. logo PVH - PVH Corp.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 21
HOLD 15
SELL 1
STRONG
SELL
0
| PRICE TARGET: $93.40 DETAILS
HIGH: $121.00
LOW: $78.00
MEDIAN: $87.00
CONSENSUS: $93.40
UPSIDE: 19.51%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 43.7% below fair value
Current Price $78.15
Bear Case $111.12 42.2% upside ($111.12 - $78.15) / $78.15 = 42.2% $10.56 × 12x P/E
Fair Value $138.90 77.7% upside ($138.90 - $78.15) / $78.15 = 77.7% $10.56 × 15x P/E
Bull Case $166.68 113.3% upside ($166.68 - $78.15) / $78.15 = 113.3% $10.56 × 18x P/E

Adjust Assumptions

15.0x
10.56$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 7.4x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $93.40 from 38 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $138.90 per share.

Warnings

The company's reported profits differ from official accounting profits by 1892%. Check what costs are being left out of the adjusted number.
Wall Street's average price target is $93.40 (from 38 analysts). Our estimate is 70% above the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples