Movado Financials

MOV Stock  USD 20.37  0.62  3.14%   
Based on the analysis of Movado's profitability, liquidity, and operating efficiency, Movado Group is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Movado's Intangible Assets are fairly stable compared to the past year. Other Liabilities is likely to climb to about 84.4 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 65.5 M in 2024. Key indicators impacting Movado's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.330.1782
Way Up
Slightly volatile
Operating Income52 M54.7 M
Notably Down
Slightly volatile
Current Ratio3.684.8099
Way Down
Slightly volatile
The financial analysis of Movado is a critical element in measuring its lifeblood. Investors should not minimize Movado's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

251.33 Million

  
Understanding current and past Movado Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Movado's financial statements are interrelated, with each one affecting the others. For example, an increase in Movado's assets may result in an increase in income on the income statement.

Movado Earnings Geography

Please note, the imprecision that can be found in Movado's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Movado Group. Check Movado's Beneish M Score to see the likelihood of Movado's management manipulating its earnings.

Movado Stock Summary

Movado competes with MYT Netherlands, Envela Corp, Tapestry, Capri Holdings, and Lanvin Group. Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey. Movado operates under Luxury Goods classification in the United States and is traded on New York Stock Exchange. It employs 940 people.
Foreign Associate
  Australia
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6245801062
CUSIP624580106 657209201
LocationNew Jersey; U.S.A
Business Address650 From Road,
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.movadogroup.com
Phone201 267 8000
CurrencyUSD - US Dollar

Movado Key Financial Ratios

Movado Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets847.3M719.3M761.2M787.7M769.1M530.4M
Other Current Liab58.7M69.2M73.6M46.4M30.6M42.4M
Net Debt(37.0M)(118.3M)(200.7M)(163.0M)(170.0M)(161.5M)
Retained Earnings455.5M341.6M413.6M476.8M470.3M277.7M
Accounts Payable35.5M28.2M46.0M32.1M32.8M30.5M
Cash185.9M223.8M277.1M251.6M262.1M275.2M
Net Receivables78.4M101.8M99.5M105.2M115.8M92.8M
Inventory171.4M152.6M160.3M186.2M148.0M159.5M
Other Current Assets28.9M23.5M17.0M24.2M17.6M30.4M
Total Liab316.9M289.3M284.1M277.2M250.1M171.4M
Total Current Assets464.6M501.7M553.9M567.2M543.9M413.4M
Short Term Debt15.1M15.9M13.7M35.4M31.4M33.0M
Intangible Assets42.4M17.1M13.5M9.6M7.5M9.9M
Other Liab96.4M73.6M72.0M69.9M80.4M84.4M
Other Assets85.0M101.9M105.7M111.3M1.00.95
Treasury Stock(222.8M)(223.3M)(249.0M)(281.6M)(253.4M)(240.7M)
Common Stock344K346K351K353K354K319.4K
Net Tangible Assets351.0M408.2M461.6M498.0M572.7M467.2M
Capital Surpluse208.5M214.0M222.6M230.8M265.4M209.4M

Movado Key Income Statement Accounts

The reason investors look at the income statement is to determine what Movado's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense930K2.0M688K518K497K472.2K
Total Revenue701.0M506.4M732.4M751.9M672.6M481.0M
Gross Profit374.9M270.5M419.1M433.9M370.4M270.6M
Operating Income43.0M14.2M117.5M120.4M54.7M52.0M
Ebit43.0M(140.4M)118.0M122.4M60.7M46.9M
Ebitda59.5M(126.3M)130.5M133.2M70.3M58.4M
Cost Of Revenue326.1M235.9M313.3M318.0M302.2M210.4M
Income Before Tax57.5M(142.4M)117.3M121.9M60.2M35.0M
Net Income42.7M(111.2M)91.6M94.5M46.7M24.8M
Income Tax Expense15.1M(31.2M)24.8M24.9M12.7M8.9M
Minority Interest(320K)4.7M960K2.5M(830K)(788.5K)
Tax Provision15.1M(31.2M)24.8M24.9M12.7M12.8M
Interest Income86K45K688K518K466.2K329.7K
Net Interest Income(844K)(1.9M)(688K)(518K)(497K)(521.9K)

Movado Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(5.5M)21.6M(15.4M)(28.9M)37.7M39.5M
Change In Cash(4.0M)38.0M53.3M(25.5M)10.5M9.6M
Free Cash Flow19.1M65.2M124.9M47.1M68.4M71.8M
Depreciation16.4M14.1M12.5M10.8M9.6M11.6M
Other Non Cash Items(10.5M)161.7M3.6M4.5M8.0M9.5M
Capital Expenditures13.0M3.2M5.9M7.3M8.4M11.3M
Net Income42.7M(111.5M)92.6M97.0M46.7M26.0M
End Period Cash Flow186.4M224.4M277.7M252.2M262.1M275.2M
Dividends Paid18.4M2.3M22.0M31.4M53.1M55.8M
Change To Netincome(2.6M)148.5M4.5M5.4M6.3M6.0M
Change Receivables5.9M2.4M(18.6M)(3.4M)(3.1M)(3.3M)
Investments(13.4M)(1.9M)(2.0M)(3.3M)(11.5M)(12.0M)

Movado Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Movado's current stock value. Our valuation model uses many indicators to compare Movado value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Movado competition to find correlations between indicators driving Movado's intrinsic value. More Info.
Movado Group is regarded fourth in return on equity category among its peers. It also is regarded fourth in return on asset category among its peers reporting about  0.46  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Movado Group is roughly  2.18 . At this time, Movado's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Movado by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Movado Group Systematic Risk

Movado's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Movado volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Movado Group correlated with the market. If Beta is less than 0 Movado generally moves in the opposite direction as compared to the market. If Movado Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Movado Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Movado is generally in the same direction as the market. If Beta > 1 Movado moves generally in the same direction as, but more than the movement of the benchmark.

Movado Thematic Clasifications

Movado Group is part of Consumer Goods investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Consumer Goods industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Consumer GoodsView
This theme covers USA Equities from Consumer Goods industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Movado Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Movado's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Movado growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.28)

At this time, Movado's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Movado November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Movado help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Movado Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Movado Group based on widely used predictive technical indicators. In general, we focus on analyzing Movado Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Movado's daily price indicators and compare them against related drivers.

Additional Tools for Movado Stock Analysis

When running Movado's price analysis, check to measure Movado's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.