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GuruFocus Financial Strength Rank measures how strong a company’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 : 8/10

vs
industry
vs
history
Cash to Debt No Debt
KORS's Cash to Debt is ranked higher than
86% of the 1083 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.50 vs. KORS: No Debt )
KORS' s 10-Year Cash to Debt Range
Min: 0.18   Max: No Debt
Current: No Debt

Equity to Asset 0.81
KORS's Equity to Asset is ranked higher than
95% of the 1073 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.52 vs. KORS: 0.81 )
KORS' s 10-Year Equity to Asset Range
Min: 0.63   Max: 0.81
Current: 0.81

0.63
0.81
Interest Coverage No Debt
KORS's Interest Coverage is ranked higher than
95% of the 771 Companies
in the Global Luxury Goods industry.

( Industry Median: 34.17 vs. KORS: No Debt )
KORS' s 10-Year Interest Coverage Range
Min: 9999.99   Max: 9999.99
Current: No Debt

F-Score: 4
Z-Score: 33.30
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’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 : 5/10

vs
industry
vs
history
Operating margin (%) 28.88
KORS's Operating margin (%) is ranked higher than
98% of the 1067 Companies
in the Global Luxury Goods industry.

( Industry Median: 5.56 vs. KORS: 28.88 )
KORS' s 10-Year Operating margin (%) Range
Min: 11.06   Max: 28.88
Current: 28.88

11.06
28.88
Net-margin (%) 18.22
KORS's Net-margin (%) is ranked higher than
97% of the 1066 Companies
in the Global Luxury Goods industry.

( Industry Median: 3.93 vs. KORS: 18.22 )
KORS' s 10-Year Net-margin (%) Range
Min: 7.72   Max: 18.22
Current: 18.22

7.72
18.22
ROE (%) 37.97
KORS's ROE (%) is ranked higher than
97% of the 1049 Companies
in the Global Luxury Goods industry.

( Industry Median: 9.28 vs. KORS: 37.97 )
KORS' s 10-Year ROE (%) Range
Min: 32.3   Max: 57.86
Current: 37.97

32.3
57.86
ROA (%) 30.83
KORS's ROA (%) is ranked higher than
99% of the 1065 Companies
in the Global Luxury Goods industry.

( Industry Median: 4.71 vs. KORS: 30.83 )
KORS' s 10-Year ROA (%) Range
Min: 18.15   Max: 30.83
Current: 30.83

18.15
30.83
ROC (Joel Greenblatt) (%) 105.97
KORS's ROC (Joel Greenblatt) (%) is ranked higher than
96% of the 1066 Companies
in the Global Luxury Goods industry.

( Industry Median: 20.96 vs. KORS: 105.97 )
KORS' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 59.85   Max: 105.97
Current: 105.97

59.85
105.97
» KORS's 10-Y Financials

Financials


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

» Details

Guru Trades

Q1 2013

KORS Guru Trades in Q1 2013

Ron Baron 3,097 sh (New)
Joel Greenblatt 3,822 sh (New)
Jim Simons 163,200 sh (New)
Pioneer Investments 91,000 sh (New)
Caxton Associates 25,000 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
Q2 2013

KORS Guru Trades in Q2 2013

Caxton Associates 141,373 sh (+465.49%)
Jim Simons 628,800 sh (+285.29%)
Pioneer Investments 280,800 sh (+208.57%)
Andreas Halvorsen 13,474,740 sh (+12.1%)
Steve Mandel 8,925,275 sh (+10.53%)
John Griffin 2,125,000 sh (unchged)
Jeremy Grantham Sold Out
Joel Greenblatt Sold Out
Ron Baron Sold Out
RS Investment Management 21,680 sh (-6.87%)
Louis Moore Bacon 507,150 sh (-12.86%)
Paul Tudor Jones 12,164 sh (-59.08%)
Steven Cohen 517,908 sh (-83.99%)
» More
Q3 2013

KORS Guru Trades in Q3 2013

Joel Greenblatt 3,921 sh (New)
Mario Gabelli 3,800 sh (New)
Jim Simons 1,254,400 sh (+99.49%)
Caxton Associates 224,064 sh (+58.49%)
Louis Moore Bacon 573,500 sh (+13.08%)
Steve Mandel 9,583,229 sh (+7.37%)
RS Investment Management 22,880 sh (+5.54%)
John Griffin Sold Out
Pioneer Investments 278,024 sh (-0.99%)
Paul Tudor Jones 9,664 sh (-20.55%)
Andreas Halvorsen 9,393,711 sh (-30.29%)
Steven Cohen 129,129 sh (-75.07%)
» More
Q4 2013

KORS Guru Trades in Q4 2013

Steven Cohen 174,154 sh (+34.87%)
Mario Gabelli 5,100 sh (+34.21%)
Jim Simons 1,630,300 sh (+29.97%)
RS Investment Management 29,380 sh (+28.41%)
Steven Cohen 26,100 sh (unchged)
Joel Greenblatt Sold Out
Andreas Halvorsen 8,342,605 sh (-11.19%)
Steve Mandel 6,111,431 sh (-36.23%)
Paul Tudor Jones 4,464 sh (-53.81%)
Pioneer Investments 99,845 sh (-64.09%)
Louis Moore Bacon 142,750 sh (-75.11%)
Caxton Associates 5,000 sh (-97.77%)
» More
» Details

Insider Trades

Latest Guru Trades with KORS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Steve Mandel 2013-12-31 Reduce -36.23%1.16%$70.92 - $84.19 $ 91.4416%6111431
Joel Greenblatt 2013-12-31 Sold Out 0.01%$70.92 - $84.19 $ 91.4416%0
Mario Gabelli 2013-12-31 Add 34.21%$70.92 - $84.19 $ 91.4416%5100
John Griffin 2013-09-30 Sold Out 1.6%$61.69 - $77.49 $ 91.4431%0
Steve Mandel 2013-09-30 Add 7.37%0.22%$61.69 - $77.49 $ 91.4431%9583229
Joel Greenblatt 2013-09-30 New Buy0.01%$61.69 - $77.49 $ 91.4431%3921
Mario Gabelli 2013-09-30 New Buy$61.69 - $77.49 $ 91.4431%3800
Steve Mandel 2013-06-30 Add 10.53%0.26%$52.36 - $65.68 $ 91.4456%8925275
Joel Greenblatt 2013-06-30 Sold Out 0.01%$52.36 - $65.68 $ 91.4456%0
Ron Baron 2013-06-30 Sold Out $52.36 - $65.68 $ 91.4456%0
John Griffin 2013-03-31 Add 117.95%0.81%$51.03 - $64.84 $ 91.4461%2125000
Joel Greenblatt 2013-03-31 New Buy0.01%$51.03 - $64.84 $ 91.4461%3822
Ron Baron 2013-03-31 New Buy$51.03 - $64.84 $ 91.4461%3097
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

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Top Ranked Articles about Michael Kors Holdings Ltd

Top Five Guru-Held Asian Companies as of the Third Quarter
Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which companies based in Asian countries were held by the highest number of gurus. The following five companies come from a variety of industries, are Asian-based and are held by the largest number of gurus. [b] Read more...
John Griffin’s Top Sells - KORS Revenue Up
As of the third quarter, the updated portfolio of John Griffin of Blue Ridge Capital lists 50 stocks, seven of them new, a total value at $8.36 billion, and a quarter-over-quarter turnover of 10%. The portfolio is currently weighted with top three sectors: consumer cyclical at 31.4%, healthcare at 14.3% and financial services at 13.5%. The stocks bought by Griffin averaged a return of 25.4% over 12 months.[b] Read more...
Revenge on Retail, Steven Cohen Slashes Six Popular Brands
On a typical day, the American investor might wake up to a coffee from SBUX, go window shopping at KORS, whip out the V card to pay for organically grown food at WFM, listen to SIRI after work, and pat the HOG goodnight in the garage. These six companies were drastically reduced by Guru Steven Cohen in the second quarter. Read more...
Steve Mandel's Real Time Increases in Dollar General and DSW
On Aug. 26, Lone Pine Capital’s Steve Mandel made two real time increases to his positions in Dollar General and DSW. Earlier this month Mandel made his first purchase into SolarWinds (SWI) and increased his holdings in Michael Kors (KORS). Read more...
John Griffin's Top 5 Increases of the First Quarter
John Griffin is the president of Blue Ridge Capital, an investment partnership that he founded in 1996. Blue Ridge’s Investing Philosophy states that the investment firm seeks absolute returns by investing in companies who dominate their industries and shorting the companies who have fundamental problems. The firm employs fundamental analysis to make its investments. John Griffin’s portfolio as of the first quarter held 43 stocks, with 7 new buys, and was valued at $7.955 billion. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 31.20
KORS's P/E(ttm) is ranked lower than
60% of the 887 Companies
in the Global Luxury Goods industry.

( Industry Median: 17.80 vs. KORS: 31.20 )
KORS' s 10-Year P/E(ttm) Range
Min: 26.33   Max: 76.04
Current: 31.2

26.33
76.04
P/B 11.40
KORS's P/B is ranked lower than
77% of the 1036 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.71 vs. KORS: 11.40 )
KORS' s 10-Year P/B Range
Min: 9.66   Max: 20.75
Current: 11.4

9.66
20.75
P/S 6.30
KORS's P/S is ranked lower than
87% of the 1107 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.74 vs. KORS: 6.30 )
KORS' s 10-Year P/S Range
Min: 4.9   Max: 8.5
Current: 6.3

4.9
8.5
PFCF 53.00
KORS's PFCF is ranked lower than
66% of the 593 Companies
in the Global Luxury Goods industry.

( Industry Median: 19.33 vs. KORS: 53.00 )
KORS' s 10-Year PFCF Range
Min: 36.76   Max: 337.19
Current: 53

36.76
337.19
EV-to-EBIT 19.60
KORS's EV-to-EBIT is ranked lower than
57% of the 968 Companies
in the Global Luxury Goods industry.

( Industry Median: 13.34 vs. KORS: 19.60 )
KORS' s 10-Year EV-to-EBIT Range
Min: 16   Max: 47.9
Current: 19.6

16
47.9

Valuation & Return

vs
industry
vs
history
Price/Net Cash 41.90
KORS's Price/Net Cash is ranked lower than
80% of the 125 Companies
in the Global Luxury Goods industry.

( Industry Median: 10.60 vs. KORS: 41.90 )
KORS' s 10-Year Price/Net Cash Range
Min: 36.7   Max: 71.87
Current: 41.9

36.7
71.87
Price/Net Current Asset Value 21.20
KORS's Price/Net Current Asset Value is ranked lower than
70% of the 319 Companies
in the Global Luxury Goods industry.

( Industry Median: 8.80 vs. KORS: 21.20 )
KORS' s 10-Year Price/Net Current Asset Value Range
Min: 18.79   Max: 116.48
Current: 21.2

18.79
116.48
Price/Tangible Book 11.90
KORS's Price/Tangible Book is ranked lower than
80% of the 937 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.00 vs. KORS: 11.90 )
KORS' s 10-Year Price/Tangible Book Range
Min: 10.56   Max: 20.8
Current: 11.9

10.56
20.8
Price/Median PS Value 1.10
KORS's Price/Median PS Value is ranked higher than
66% of the 1015 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.00 vs. KORS: 1.10 )
KORS' s 10-Year Price/Median PS Value Range
Min: 0.89   Max: 1.17
Current: 1.1

0.89
1.17
Price/Graham Number 4.00
KORS's Price/Graham Number is ranked lower than
74% of the 775 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.40 vs. KORS: 4.00 )
KORS' s 10-Year Price/Graham Number Range
Min: 3.59   Max: 7.48
Current: 4

3.59
7.48
Earnings Yield (Greenblatt) 5.10
KORS's Earnings Yield (Greenblatt) is ranked lower than
52% of the 983 Companies
in the Global Luxury Goods industry.

( Industry Median: 7.40 vs. KORS: 5.10 )
KORS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.1   Max: 6.2
Current: 5.1

2.1
6.2

Business Description

Industry: Retail - Apparel & Specialty » Luxury Goods
Compare: » details
Traded in other countries:MKO.Germany
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 luxury lifestyle brand retailer. It operates its business in three segments: retail, wholesale and licensing. Retail operations consist of collection stores, lifestyle stores, including concessions and outlet stores located in the United States, Canada, Europe and Japan. Wholesale revenues are principally derived from major department and specialty stores located throughout the United States, Canada and Europe. The Company licenses its trademarks on products such as fragrances, cosmetics, eyewear, leather goods, jewelry, watches, coats, footwear, men's suits, swimwear, furs and ties. Sales of the Company's products through Company owned stores for the Retail segment include 'Collection', 'Lifestyle' including 'concessions and outlet stores located throughout North America, Europe, and Japan. Products sold through the Retail segment include women's apparel, accessories (which include handbags and small leather goods such as wallets), footwear and licensed products, such as watches, fragrances and eyewear. The Wholesale segment includes sales to major department stores and specialty shops throughout North America and Europe. Products sold through the Wholesale segment include accessories (which include handbags and small leather goods such as wallets), footwear and women's and men's apparel. The Licensing segment includes royalties earned on licensed products and use of the Company's trademarks, and rights granted to third parties for the right to sell the Company's products in certain geographical regions (e.g. the Middle East) and countries such as Korea, the Philippines, Singapore, Malaysia, Russia and Turkey.

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