Kontoor Brands Inc vs PVH Corp

Kontoor Brands Inc (KTB) is undervalued 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 +21% for KTB.

Values as of the 22 Sept 2026 close.

Kontoor Brands Inc (KTB)

Discounting its cash flows at 8.5% (average of 3 methods) values the shares at $86.10; the price of $67.82 is 21% below that value, and 78% of that value comes from beyond year five.

Leak Score 100/100 on 3 of 12 signals

PVH Corp (PVH)

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

MetricKTBPVH
VerdictUndervaluedUndervalued
Price$67.82$75.89
Intrinsic value$86.10$131.87
Margin of safety+21%+42%
Leak Score100/100 (3/12)56/100 (2/12)
Market cap$3.7B$3.5B
Revenue growth, 5 years8.5%4.6%
Operating margin13.1%8.6%
Net margin8.7%-1.9%
Return on equity41.0%-3.5%
Debt to equity2.060.87
P/E14.2x
Forward P/E10.3x6.1x
P/B6.0x0.7x
Dividend yield3.1%0.2%

All stocks in Apparel Manufacturing