Gildan Activewear Inc (GIL) is overvalued and PVH Corp (PVH) is undervalued.
Against our estimates of intrinsic value, PVH trades at the wider discount: a margin of safety of +42%, against -65% for GIL.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 8.7% (average of 2 methods) values the shares at $131.87; the price of $75.89 is 42% below that value, and 77% of that value comes from beyond year five.
Leak Score 56/100 on 2 of 12 signals
| Metric | GIL | PVH |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $47.01 | $75.89 |
| Intrinsic value | $28.45 | $131.87 |
| Margin of safety | -65% | +42% |
| Leak Score | 0/100 (3/12) | 56/100 (2/12) |
| Market cap | $8.7B | $3.5B |
| Revenue growth, 5 years | 12.8% | 4.6% |
| Operating margin | 15.2% | 8.6% |
| Net margin | 1.3% | -1.9% |
| Return on equity | 8.7% | -3.5% |
| Debt to equity | 1.45 | 0.87 |
| P/E | 88.7x | — |
| Forward P/E | 8.4x | 6.1x |
| P/B | 2.6x | 0.7x |
| Dividend yield | 2.1% | 0.2% |