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33.44 (1y: +16%)
Market Cap 848.6 M P/E(ttm) 15.00
Enterprise Value 695.57 M P/B 2.00
MOV- NYSE (USA)
Movado Group Inc
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$33.44
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GuruFocus Financial Strength Rank measures how strong a companyย’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
MOV's Cash to Debt is ranked higher than
73% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.99 vs. MOV: No Debt )
MOV' s 10-Year Cash to Debt Range
Min: 0.08   Max: No Debt
Current: No Debt
Equity to Asset 0.805
MOV's Equity to Asset is ranked higher than
93% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.42 vs. MOV: 0.805 )
MOV' s 10-Year Equity to Asset Range
Min: 0.55   Max: 0.81
Current: 0.81
0.55
0.81
Interest Coverage 170.2
MOV's Interest Coverage is ranked higher than
60% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 71.00 vs. MOV: 170.2 )
MOV' s 10-Year Interest Coverage Range
Min: 3   Max: No Debt
Current: 170.2
F-Score: 5
Z-Score: 7.81
M-Score: -2.15
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 : 6/10

vs
industry		 vs
history
Operating margin (%) 9.80
MOV's Operating margin (%) is ranked higher than
91% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 3.20 vs. MOV: 9.80 )
MOV' s 10-Year Operating margin (%) Range
Min: -9.6   Max: 105.9
Current: 9.8
-9.6
105.9
Net-margin (%) 11.3
MOV's Net-margin (%) is ranked higher than
97% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.15 vs. MOV: 11.3 )
MOV' s 10-Year Net-margin (%) Range
Min: -14.4   Max: 11.3
Current: 11.3
-14.4
11.3
ROE (%) 13.5
MOV's ROE (%) is ranked higher than
93% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 6.00 vs. MOV: 13.5 )
MOV' s 10-Year ROE (%) Range
Min: -14.8   Max: 13.5
Current: 13.5
-14.8
13.5
ROA (%) 10.8
MOV's ROA (%) is ranked higher than
97% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.80 vs. MOV: 10.8 )
MOV' s 10-Year ROA (%) Range
Min: -11.6   Max: 10.8
Current: 10.8
-11.6
10.8
ROC (Joel Greenblatt) (%) 20.80
MOV's ROC (Joel Greenblatt) (%) is ranked higher than
84% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 10.80 vs. MOV: 20.80 )
MOV' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -12.2   Max: 143.8
Current: 20.8
-12.2
143.8
Revenue Growth (%) 6.3
MOV's Revenue Growth (%) is ranked higher than
71% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.90 vs. MOV: 6.3 )
MOV' s 10-Year Revenue Growth (%) Range
Min: -6.8   Max: 10.6
Current: 6.3
-6.8
10.6
ยป MOV's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

MOV Guru Trades in Q2 2012

Paul Tudor Jones 22,400 sh (New)
Ken Fisher 150,668 sh (New)
Steven Cohen 861,206 sh (New)
Jim Simons 248,000 sh (+186.04%)
Mario Gabelli 96,300 sh (unchged)
Murray Stahl 186,807 sh (-3.53%)
Joel Greenblatt 73,999 sh (-19.12%)
Chuck Royce 181,976 sh (-82.78%)
» More
Q3 2012

MOV Guru Trades in Q3 2012

Jim Simons 263,500 sh (+6.25%)
Ken Fisher 150,668 sh (unchged)
Joel Greenblatt 72,041 sh (-2.65%)
Murray Stahl 175,554 sh (-6.02%)
Mario Gabelli 88,400 sh (-8.2%)
Steven Cohen 627,529 sh (-27.13%)
Chuck Royce 99,274 sh (-45.45%)
Paul Tudor Jones 9,900 sh (-55.8%)
» More
Q4 2012

MOV Guru Trades in Q4 2012

Steven Cohen 794,629 sh (+26.63%)
Jim Simons 310,600 sh (+17.87%)
Chuck Royce 103,174 sh (+3.93%)
Ken Fisher 152,968 sh (+1.53%)
Mario Gabelli 87,400 sh (-1.13%)
Joel Greenblatt 69,942 sh (-2.91%)
Murray Stahl 167,604 sh (-4.53%)
Paul Tudor Jones 6,800 sh (-31.31%)
» More
Q1 2013

MOV Guru Trades in Q1 2013

RS Investment Management 509,026 sh (New)
Paul Tudor Jones 8,500 sh (+25%)
Steven Cohen 917,529 sh (+15.47%)
Ken Fisher 155,098 sh (+1.39%)
Chuck Royce 103,774 sh (+0.58%)
Mario Gabelli 87,400 sh (unchged)
Jim Simons 243,000 sh (-21.76%)
Murray Stahl 126,171 sh (-24.72%)
Joel Greenblatt 19,084 sh (-72.71%)
» More
» Details

Insider Trades

Latest Guru Trades with MOV

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Reduce -72.71%0.09%$30.53 - $38.56 $ 34.03-4%19084
Joel Greenblatt 2012-03-31 Add 200.01%0.13%$18.25 - $24.47 $ 34.0379%91497
Joel Greenblatt 2011-12-31 Add 104.23%0.03%$11.74 - $19.57 $ 34.03107%30498
Joel Greenblatt 2011-09-30 Reduce -20.48%0.01%$11.12 - $17.92 $ 34.03130%14933
Joel Greenblatt 2011-06-30 Reduce -63.44%0.15%$14.58 - $17.21 $ 34.03108%18780
Joel Greenblatt 2011-03-31 New Buy0.23%$12.85 - $16.16 $ 34.03133%51361
Mario Gabelli 2011-03-31 Reduce -36.03%0.01%$12.85 - $16.16 $ 34.03133%104400
Mario Gabelli 2010-09-30 Add 44.48%$9.89 - $12.24 $ 34.03211%150400
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 15.00
MOV's P/E(ttm) is ranked higher than
81% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 18.51 vs. MOV: 15.00 )
MOV' s 10-Year P/E(ttm) Range
Min: 4.39   Max: 139
Current: 15
4.39
139
P/B 2.00
MOV's P/B is ranked lower than
65% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.40 vs. MOV: 2.00 )
MOV' s 10-Year P/B Range
Min: 0.31   Max: 2.47
Current: 2
0.31
2.47
P/S 1.70
MOV's P/S is ranked lower than
86% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.50 vs. MOV: 1.70 )
MOV' s 10-Year P/S Range
Min: 0.28   Max: 1.93
Current: 1.7
0.28
1.93
PFCF 38.30
MOV's PFCF is ranked lower than
57% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 14.90 vs. MOV: 38.30 )
MOV' s 10-Year PFCF Range
Min: 3.95   Max: 492
Current: 38.3
3.95
492
EV-to-EBIT 13.7
MOV's EV-to-EBIT is ranked higher than
79% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 12.56 vs. MOV: 13.7 )
MOV' s 10-Year EV-to-EBIT Range
Min: 0.7   Max: 249.5
Current: 13.7
0.7
249.5
Shiller P/E 109.5
MOV's Shiller P/E is ranked higher than
91% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 17.09 vs. MOV: 109.5 )
MOV' s 10-Year Shiller P/E Range
Min: 4.03   Max: 131.64
Current: 109.5
4.03
131.64

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.60
MOV's Dividend Yield is ranked lower than
55% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.86 vs. MOV: 0.60 )
MOV' s 10-Year Dividend Yield Range
Min: 0.18   Max: 5.75
Current: 0.6
0.18
5.75
Dividend Payout 0.0901
MOV's Dividend Payout is ranked higher than
100% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.69 vs. MOV: 0.0901 )
MOV' s 10-Year Dividend Payout Range
Min: 0.05   Max: 3.2
Current: 0.09
0.05
3.2
Yield on cost (5-Year) 0.60
MOV's Yield on cost (5-Year) is ranked lower than
56% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.93 vs. MOV: 0.60 )
MOV' s 10-Year Yield on cost (5-Year) Range
Min: 0.18   Max: 5.75
Current: 0.6
0.18
5.75
Share Buyback Rate -1.1
MOV's Share Buyback Rate is ranked higher than
81% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: -0.40 vs. MOV: -1.1 )
MOV' s 10-Year Share Buyback Rate Range
Min: 2.5   Max: -1.9
Current: -1.1

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 13.3
MOV's Price/Net Cash is ranked higher than
98% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 11.10 vs. MOV: 13.3 )
MOV' s 10-Year Price/Net Cash Range
Min: 6.8   Max: 26.7
Current: 13.3
6.8
26.7
Price/Net Current Asset Value 6.5
MOV's Price/Net Current Asset Value is ranked higher than
73% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 5.70 vs. MOV: 6.5 )
MOV' s 10-Year Price/Net Current Asset Value Range
Min: 1.2   Max: 7.1
Current: 6.5
1.2
7.1
Price/Tangible Book 2
MOV's Price/Tangible Book is ranked higher than
69% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 2.30 vs. MOV: 2 )
MOV' s 10-Year Price/Tangible Book Range
Min: 0.5   Max: 2.2
Current: 2
0.5
2.2
Price/DCF (Projected) 1.4
MOV's Price/DCF (Projected) is ranked higher than
88% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.00 vs. MOV: 1.4 )
MOV' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 1.5
Current: 1.4
0.4
1.5
Price/Median PS Value 1.8
MOV's Price/Median PS Value is ranked higher than
95% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 0.80 vs. MOV: 1.8 )
MOV' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.9
Current: 1.8
0.4
1.9
Price/Graham Number 1.2
MOV's Price/Graham Number is ranked higher than
67% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 1.60 vs. MOV: 1.2 )
MOV' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 1.4
Current: 1.2
0.6
1.4
Earnings Yield (Greenblatt) 7.30
MOV's Earnings Yield (Greenblatt) is ranked lower than
52% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 8.60 vs. MOV: 7.30 )
MOV' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 146.2
Current: 7.3
0.4
146.2
Forward Rate of Return (Yacktman) 2.87
MOV's Forward Rate of Return (Yacktman) is ranked higher than
69% of the 493 Companies
in the Global Luxury Goods industry.

( Industry Median: 10.22 vs. MOV: 2.87 )
MOV' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -20.8   Max: 62.7
Current: 2.87
-20.8
62.7

Business Description

Movado Group Inc was incorporated in New York in 1967. The Company designs, sources, markets and distributes fine watches and jewelry. It also designs, develops and markets proprietary Movado-branded jewelry which it retails in its luxury Movado Boutiques. The Company divides the watch market into six main categories: Exclusive; Luxury; Premium; Moderate; Fashion; and Mass Market. Exclusive watches are usually made of precious metals, including 18 karat gold or platinum, and are often set with precious gems. These watches are mainly mechanical or quartz-analog watches. Luxury watches are either quartz-analog watches or mechanical watches. These watches typically are made with either 14 or 18 karat gold, stainless steel or a combination of gold and stainless steel, and are occasionally set with precious gems. Luxury watches are mainly manufactured in Switzerland. The majority of premium watches are quartz-analog watches. These watches typically are made with gold finish, stainless steel or a combination of gold finish and stainless steel. Premium watches are manufactured mainly in Switzerland, although some are manufactured in Asia. Most moderate watches are quartz-analog watches. Moderate watches are manufactured mainly in Asia and Switzerland. These watches typically are made with gold finish, stainless steel, brass or a combination of gold finish and stainless steel. Watches comprising the fashion market are mainly quartz-analog watches but also include some digital watches. Watches in the fashion category are generally made with stainless steel, gold finish, brass and/or plastic and are manufactured mainly in Asia. Mass market watches typically consist of digital watches and analog watches made from stainless steel, brass and/or plastic and are manufactured in Asia. The Company conducts its business mainly in two operating segments: Wholesale and Retail. Its wholesale segment includes the design, development, sourcing, marketing and distribution of high quality watches, in addition to after-sales service activities and shipping. The retail segment includes the Company's Movado Boutiques and its outlet stores. The Company divides its business into two major geographic segments: United States operations, and International, which includes the results of all other Company operations. Its international operations are mainly conducted in Europe, Asia, Canada, the Middle East, South America and the Caribbean. The Company's portfolio of brands is comprised of Movado(r), Ebel(r), Concord(r), ESQ(r), Coach(r) Watches, HUGO BOSS(r) Watches, Juicy Couture(r). The watch industry is highly competitive and the Company competes globally with numerous manufacturers, importers and distributors, some of which are larger and have greater financial, distribution, advertising and marketing resources. The Company's products compete on the basis of price, features, perceived desirability, reliability and perceived attractiveness. It also faces increa
Company Website
SEC Reports
Industry: Luxury Goods
Compare:LVMUY, CFRUY, HESAY, PPRUY, PRDSY
ยป More Articles for MOV

Headlines

Articles On GuruFocus.com
Westport Asset Management Makes Two Sells in Q3 Portfolio Update Nov 08 2012 
Movado Group Inc. Reports Operating Results (10-Q) Dec 02 2010 
Movado Group Inc. Reports Operating Results (10-Q) Sep 02 2010 
Movado Group Inc. Reports Operating Results (10-Q) May 27 2010 
A cheap Small Cap value Stock : Movado Jan 12 2010 
Movado Group Inc. Reports Operating Results (10-Q) Dec 09 2009 
Movado Group Inc. Reports Operating Results (10-Q) Sep 03 2009 
Movado Group Inc. Reports Operating Results (10-Q) Jun 09 2009 
Stocks Trading Below Net Cash: Adaptec Inc (ADPT), AuthenTec Inc (AUTH) and Cutera Inc (CUTR). Feb 16 2009 

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