Scribd Logo
Upload

Welcome to Scribd!

  • Pentair Presentation 111214

    Uploaded by

    rahul84803
    78 views10 pages
    PVH Corp is the largest apparel company with business segments including Tommy Hilfiger, Calvin Klein, and Heritage Brands. The analyst provides an overview of PVH Corp, valuation details noting revenue is correlated to global GDP and opportunities in developing markets. A recommendation to HOLD is given with an intrinsic value of $70.63 and upside potential of 4% based on an analysis date market price of $68.04 and analyst estimate range of $60-$83.5.

    Original Description:

    presentation

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    PVH Corp is the largest apparel company with business segments including Tommy Hilfiger, Calvin Klein, and Heritage Brands. The analyst provides an overview of PVH Corp, valuation details noting revenue is correlated to global GDP and opportunities in developing markets. A recommendation to HOLD is given with an intrinsic value of $70.63 and upside potential of 4% based on an analysis date market price of $68.04 and analyst estimate range of $60-$83.5.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    78 views10 pages

    Pentair Presentation 111214

    Uploaded by

    rahul84803
    PVH Corp is the largest apparel company with business segments including Tommy Hilfiger, Calvin Klein, and Heritage Brands. The analyst provides an overview of PVH Corp, valuation details noting revenue is correlated to global GDP and opportunities in developing markets. A recommendation to HOLD is given with an intrinsic value of $70.63 and upside potential of 4% based on an analysis date market price of $68.04 and analyst estimate range of $60-$83.5.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 10

    PVH CORP

    (NYSE: PVH)

    (NYSE: VLO)

    Analyst: Rahul Patel | Team: LMV


    April 15, 2015

    Agenda
    About PVH Corp
    Valuation
    Recommendation & Performance

    PVH Corp
    Largest Apparel Company
    Business Segments
    - Tommy Hilfiger 42%
    - Calvin Klein 34%
    - Heritage Brands 24%

    Strategy

    Industry Trend
    Growth driven by global economy

    Company Strategy
    Expand in Developing Market
    - China, Latin America, SE Asia

    Acquisitions

    Valuation
    Revenue
    Highly correlated to global GDP
    Increased Demand in developing markets

    EBITDA
    Grow legacy brand
    Continue Integration

    Divestment of IZOD business

    EBITDA

    Recommendation
    Intrinsic Value: $70.63
    Market Price: $68.04 At time of analysis
    Upside: 4%
    Recommendation: HOLD
    Analyst Estimates: $60 - $83.5 | Mean:$73.27 Upside: 8%

    Performance
    Appreciated: 2.5%

    - 11/12/14

    Remaining Upside: 4%
    Thesis holds

    S&P
    PNR

    Questions

    You might also like