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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

vs
industry
vs
history
Cash to Debt 4.691
KORS's Cash to Debt is ranked higher than
63% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.99 vs. KORS: 4.691 )
KORS' s 10-Year Cash to Debt Range
Min: 0.04   Max: 4.69
Current: 4.69

0.04
4.69
Equity to Asset 0.635
KORS's Equity to Asset is ranked higher than
86% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.42 vs. KORS: 0.635 )
KORS' s 10-Year Equity to Asset Range
Min: 0.06   Max: 0.64
Current: 0.64

0.06
0.64
Interest Coverage No Debt
KORS's Interest Coverage is ranked lower than
114% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 71.00 vs. KORS: No Debt )
KORS' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt

Z-Score: 32.64
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

vs
industry
vs
history
Operating margin (%) 19.00
KORS's Operating margin (%) is ranked higher than
93% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 3.20 vs. KORS: 19.00 )
KORS' s 10-Year Operating margin (%) Range
Min: 11.1   Max: 19
Current: 19

11.1
19
Net-margin (%) 11.3
KORS's Net-margin (%) is ranked higher than
94% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.15 vs. KORS: 11.3 )
KORS' s 10-Year Net-margin (%) Range
Min: 7.7   Max: 11.3
Current: 11.3

7.7
11.3
ROE (%) 32.3
KORS's ROE (%) is ranked higher than
97% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 6.00 vs. KORS: 32.3 )
KORS' s 10-Year ROE (%) Range
Min: 32.3   Max: 80.1
Current: 32.3

32.3
80.1
ROA (%) 21.9
KORS's ROA (%) is ranked higher than
98% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.80 vs. KORS: 21.9 )
KORS' s 10-Year ROA (%) Range
Min: 13.9   Max: 21.9
Current: 21.9

13.9
21.9
ROC (Joel Greenblatt) (%) 64.10
KORS's ROC (Joel Greenblatt) (%) is ranked lower than
109% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 10.80 vs. KORS: 64.10 )
KORS' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 31.6   Max: 64.1
Current: 64.1

31.6
64.1
» KORS's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

KORS Guru Trades in Q2 2012

Jeremy Grantham 7,500 sh (New)
Steven Cohen 2,220,306 sh (+7491.57%)
RS Investment Management 14,880 sh (+99.46%)
Steve Mandel 9,202,011 sh (+74.95%)
John Griffin 2,715,000 sh (+22.02%)
PRIMECAP Management 26,800 sh (unchged)
Paul Tudor Jones Sold Out
George Soros Sold Out
Pioneer Investments Sold Out
Louis Moore Bacon 43,831 sh (-43.81%)
Ron Baron 35,182 sh (-85.5%)
» More
Q3 2012

KORS Guru Trades in Q3 2012

Paul Tudor Jones 99,525 sh (New)
Jim Simons 736,700 sh (New)
Jeremy Grantham 13,200 sh (+76%)
Steven Cohen 3,450,241 sh (+55.39%)
RS Investment Management 19,680 sh (+32.26%)
Louis Moore Bacon Sold Out
Ron Baron Sold Out
PRIMECAP Management Sold Out
Steve Mandel 8,753,483 sh (-4.87%)
John Griffin 1,300,000 sh (-52.12%)
» More
Q4 2012

KORS Guru Trades in Q4 2012

Andreas Halvorsen 2,275,200 sh (New)
Louis Moore Bacon 425,515 sh (New)
RS Investment Management 26,080 sh (+32.52%)
Steve Mandel 9,027,295 sh (+3.13%)
Jeremy Grantham 13,216 sh (unchged)
Jim Simons Sold Out
John Griffin 975,000 sh (-25%)
Steven Cohen 1,754,895 sh (-49.14%)
Paul Tudor Jones 5,164 sh (-94.81%)
» More
Q1 2013

KORS Guru Trades in Q1 2013

Bruce Kovner 25,000 sh (New)
Pioneer Investments 91,000 sh (New)
Jim Simons 163,200 sh (New)
Ron Baron 3,097 sh (New)
Joel Greenblatt 3,822 sh (New)
Paul Tudor Jones 29,724 sh (+475.6%)
Andreas Halvorsen 12,020,005 sh (+428.31%)
John Griffin 2,125,000 sh (+117.95%)
Steven Cohen 3,233,942 sh (+84.28%)
Louis Moore Bacon 582,000 sh (+36.78%)
Louis Moore Bacon 100,000 sh (unchged)
Steve Mandel 8,075,051 sh (-10.55%)
RS Investment Management 23,280 sh (-10.74%)
Jeremy Grantham 6,910 sh (-47.71%)
» More
» Details

Insider Trades

Latest Guru Trades with KORS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Andreas Halvorsen 2013-03-31 Add 428.31%3.32%$51.03 - $64.84 $ 60.617%12020005
John Griffin 2013-03-31 Add 117.95%0.81%$51.03 - $64.84 $ 60.617%2125000
Joel Greenblatt 2013-03-31 New Buy0.01%$51.03 - $64.84 $ 60.617%3822
Ron Baron 2013-03-31 New Buy$51.03 - $64.84 $ 60.617%3097
Andreas Halvorsen 2012-12-31 New Buy0.8%$48.11 - $56.97 $ 60.6115%2275200
John Griffin 2012-12-31 Reduce -25%0.28%$48.11 - $56.97 $ 60.6115%975000
John Griffin 2012-09-30 Reduce -52.12%0.89%$38.93 - $56.6 $ 60.6130%1300000
Ron Baron 2012-09-30 Sold Out 0.01%$38.93 - $56.6 $ 60.6130%0
PRIMECAP Management 2012-09-30 Sold Out 0.0019%$38.93 - $56.6 $ 60.6130%0
Steve Mandel 2012-06-30 Add 74.95%0.99%$36.04 - $48.69 $ 60.6144%9202011
John Griffin 2012-06-30 Add 22.02%0.31%$36.04 - $48.69 $ 60.6144%2715000
Ron Baron 2012-06-30 Reduce -85.5%0.06%$36.04 - $48.69 $ 60.6144%35182
George Soros 2012-06-30 Sold Out 0.02%$36.04 - $48.69 $ 60.6144%0
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry
vs
history
P/E(ttm) 77.70
KORS's P/E(ttm) is ranked lower than
57% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 18.51 vs. KORS: 77.70 )
KORS' s 10-Year P/E(ttm) Range
Min: 48.14   Max: 81.12
Current: 77.7

48.14
81.12
P/B 26.61
KORS's P/B is ranked lower than
133% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.40 vs. KORS: 26.61 )
KORS' s 10-Year P/B Range
Min: 15.58   Max: 26.25
Current: 26.61

15.58
26.25
P/S 8.81
KORS's P/S is ranked lower than
134% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.50 vs. KORS: 8.81 )
KORS' s 10-Year P/S Range
Min: 5.46   Max: 9.2
Current: 8.81

5.46
9.2
PFCF 432.93
KORS's PFCF is ranked lower than
99% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 14.90 vs. KORS: 432.93 )
KORS' s 10-Year PFCF Range
Min: 268.21   Max: 451.93
Current: 432.93

268.21
451.93
EV-to-EBIT 46.29
KORS's EV-to-EBIT is ranked higher than
74% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 12.56 vs. KORS: 46.29 )
KORS' s 10-Year EV-to-EBIT Range
Min: 28.4   Max: 48
Current: 46.29

28.4
48

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 64.1
KORS's Price/Net Current Asset Value is ranked higher than
99% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 5.70 vs. KORS: 64.1 )
KORS' s 10-Year Price/Net Current Asset Value Range
Min: 46.6   Max: 46.6
Current: 64.1

Price/Tangible Book 28.4
KORS's Price/Tangible Book is ranked higher than
93% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.30 vs. KORS: 28.4 )
KORS' s 10-Year Price/Tangible Book Range
Min: 20.6   Max: 20.6
Current: 28.4

Price/Median PS Value 1.2
KORS's Price/Median PS Value is ranked lower than
75% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.80 vs. KORS: 1.2 )
KORS' s 10-Year Price/Median PS Value Range
Min: 0.9   Max: 0.9
Current: 1.2

Price/Graham Number 10.2
KORS's Price/Graham Number is ranked higher than
96% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.60 vs. KORS: 10.2 )
KORS' s 10-Year Price/Graham Number Range
Min: 7.4   Max: 7.4
Current: 10.2

Earnings Yield (Greenblatt) 2.20
KORS's Earnings Yield (Greenblatt) is ranked lower than
82% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 8.60 vs. KORS: 2.20 )
KORS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.1   Max: 3.5
Current: 2.2

2.1
3.5

Business Description

Michael Kors Holdings Ltd was incorporated on December 13, 2002 as a limited liability company under the laws of the British Virgin Islands. The Company is a global luxury lifestyle brand led by a world-class management team and a renowned, award-winning designer. It operates its business in three segments: retail, wholesale and licensing. In Fiscal 2012, its retail segment accounted for approximately 48.1% of its total revenue. As of March 31, 2012, its retail segment included: 191 North American retail stores, including concessions; and 46 international retail stores, including concessions, in Europe and Japan. In Fiscal 2012, its wholesale segment accounted for approximately 46.9% of its total revenue. As of March 31, 2012, its wholesale segment included: wholesale sales through approximately 2,027 department store and specialty store doors in North America; and wholesale sales through approximately 650 department store and specialty store doors internationally. Its remaining revenue is generated through its licensing segment; through which it license to third parties certain production, sales and/or distribution rights. In Fiscal 2012, its licensing segment accounted for approximately 5.0% of its total revenue and consisted primarily of royalties earned on licensed products and its geographic licenses. It offers two primary collections: the Michael Kors luxury collection and the MICHAEL Michael Kors accessible luxury collection. The Michael Kors collection establishes the aesthetic authority of its entire brand and is carried in many of its retail stores as well as in the finest luxury department stores in the world, including, among others, Bergdorf Goodman, Saks Fifth Avenue, Neiman Marcus, Holt Renfrew, Harrods, Harvey Nichols, Selfridges, Le Bon Marché and Printemps. he MICHAEL Michael Kors collection is carried in all of its lifestyle stores as well as leading department stores throughout the world, including, among others, Bloomingdale's, Nordstrom, Macy's, Harrods, Harvey Nichols, Selfridges, Printemps, Lotte, Hyundai, Isetan and Lane Crawford. Taken together, its two primary collections target a broad customer base while retaining a premium luxury image. In addition to these two primary collections, it also offers select footwear and outerwear through its KORS Michael Kors accessible luxury collection, which is not material to its net sales.
Company Website
Industry: Luxury Goods
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Traded in other countries:MKO.Germany

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