Gildan Activewear Inc vs Levi Strauss & Co

Gildan Activewear Inc (GIL) is overvalued and Levi Strauss & Co (LEVI) is fairly valued.

Against our estimates of intrinsic value, LEVI trades at the wider discount: a margin of safety of +5%, against -65% for GIL.

Values as of the 22 Sept 2026 close.

Gildan Activewear Inc (GIL)

Discounting its cash flows at 8.5% (average of 3 methods) values the shares at $28.45; the price of $47.01 is 65% above that value, and 78% of that value comes from beyond year five.

Leak Score 0/100 on 3 of 12 signals

Levi Strauss & Co (LEVI)

Discounting its cash flows at 9.8% (average of 3 methods) values the shares at $21.08; the price of $20.06 is 5% below that value, and 73% of that value comes from beyond year five.

Leak Score 43/100 on 3 of 12 signals

MetricGILLEVI
VerdictOvervaluedFairly valued
Price$47.01$20.06
Intrinsic value$28.45$21.08
Margin of safety-65%+5%
Leak Score0/100 (3/12)43/100 (3/12)
Market cap$8.7B$7.7B
Revenue growth, 5 years12.8%7.1%
Operating margin15.2%11.6%
Net margin1.3%7.3%
Return on equity8.7%25.4%
Debt to equity1.451.01
P/E88.7x16.4x
Forward P/E8.4x11.7x
P/B2.6x3.4x
Dividend yield2.1%3.0%

All stocks in Apparel Manufacturing