Movado Group Inc (MOV) is slightly overvalued and Signet Jewelers Ltd (SIG) is undervalued.
Against our estimates of intrinsic value, SIG trades at the wider discount: a margin of safety of +27%, against -8% for MOV.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $30.89; the price of $33.28 is 8% above that value, and 75% of that value comes from beyond year five.
Leak Score 37/100 on 7 of 12 signals
Discounting its cash flows at 9.2% (average of 3 methods) values the shares at $137.56; the price of $100.42 is 27% below that value, and 75% of that value comes from beyond year five.
Leak Score 100/100 on 3 of 12 signals
| Metric | MOV | SIG |
|---|---|---|
| Verdict | Slightly overvalued | Undervalued |
| Price | $33.28 | $100.42 |
| Intrinsic value | $30.89 | $137.56 |
| Margin of safety | -8% | +27% |
| Leak Score | 37/100 (7/12) | 100/100 (3/12) |
| Market cap | $531M | $3.8B |
| Revenue growth, 5 years | 5.5% | 5.5% |
| Operating margin | 7.1% | 7.4% |
| Net margin | 6.0% | 5.2% |
| Return on equity | 8.3% | 19.9% |
| Debt to equity | 0.13 | 0.67 |
| P/E | 18.4x | 11.6x |
| Forward P/E | 14.3x | 7.3x |
| P/B | 1.5x | 2.1x |
| Dividend yield | 4.5% | 1.4% |