Movado Story

<div class='circular--portrait' style='background:#800000;color: #F0FFF0;font-size:3em;'>MOV</div>
MOV -- USA Stock  

USD 28.60  0.29  1.00%

While many traders are getting carried away by overanalyzing consumer cyclical space, it is reasonable to focus on Movado Group. We will evaluate why we are still confident in anticipation of a recovery. Is the firm valuation justified? Here we go over Movado Group perspective on valuation to give you a better outlook on taking a position in this stock.
Published over two weeks ago
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Is Movado (NYSE:MOV) ready for a correction?
The entity has 123.13 M in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Movado has an asset utilization ratio of 132.76 percent. This indicates that the company is making $1.33 for each dollar of assets. An increasing asset utilization means that Movado Group is more efficient with each dollar of assets it utilizes for everyday operations.
We determine the current worth of Movado Group using both absolute as well as relative valuation methodologies to arrive at its intrinsic value. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Movado Group based exclusively on its fundamental and basic technical indicators. By analyzing Movado's financials, quarterly and monthly indicators, and related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Movado's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Movado. We calculate exposure to Movado's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Movado's related companies.

Movado Group Investment Alerts

Movado investment alerts and warnings help investors to get more proficient at understanding not only critical technical and fundamental signals but also the significant portfolio-centered indicators. These indicators include beta, alpha, and other risk-related measures that will help you in monitoring Movado Group performance across your portfolios.Please check all investment alerts for Movado

Movado Valuation Ratios as Compared to Competition

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 the intrinsic value of Movado.

How Movado utilizes its cash?

To perform a cash flow analysis of Movado, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Movado is receiving and how much cash it distributes out in a given period. The Movado cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Movado Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Movado reported Net Cash Flow from Operations of 68.41 Million in 2020

A Deeper look at Movado

The latest price climb of Movado Group may encourage sophisticated investors to take a closer look at the firm as it is trading at a share price of 21.49 on 112,500 in trading volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in April. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.95. The current volatility is consistent with the ongoing market swings in February 2021 as well as with Movado Group unsystematic, company-specific events.

Margins Breakdown

Movado profit margins show the degree to which it makes money. Margin indicators are used not only by investors but also by creditors or Movado itself as indicators of financial health and management effectiveness. Please look more closely at the different varieties of Movado profit margins.
Operating Margin5.71
EBITDA Margin0.12
Gross Margin0.63
Profit Margin0.0658


Movado Earnings Before Interest Taxes and Depreciation Amortization EBITDA is increasing over the last 8 years. The latest value of Movado Earnings Before Interest Taxes and Depreciation Amortization EBITDA is 80,394,011. Moreover, Movado Net Income Per Employee is increasing over the last 8 years. The previous year's value of Movado Net Income Per Employee was 26,664.

Our perspective of the latest Movado fall

Movado latest variance rises over 8.38.
As of the 25th of March, Movado secures the Mean Deviation of 2.22, downside deviation of 2.37, and Risk Adjusted Performance of 0.1261. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Movado Group, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Movado, which can be compared to its peers in the industry. Please verify Movado Group jensen alpha and semi variance to decide if Movado Group is priced some-what accurately, providing market reflects its recent price of 21.49 per share. Given that Movado Group has jensen alpha of 0.33, we recommend you to check Movado's last-minute market performance to make sure the company can sustain itself at a future point.

While some other entities under the luxury goods industry are still a bit expensive, Movado may offer a potential longer-term growth to sophisticated investors. All things considered, as of the 25th of March 2021, we see that Movado follows the market closely. The venture is fairly valued with low probability of distress within the next 24 months. Our present 30 days buy-or-sell advice on the venture is Strong Buy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Movado Group. Please refer to our Terms of Use for any information regarding our disclosure principles.

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