PVH Corp (PVH) is undervalued and VF Corp (VFC) is overvalued.
Against our estimates of intrinsic value, PVH trades at the wider discount: a margin of safety of +42%, against -73% for VFC.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 8.8% (average of 3 methods) values the shares at $7.85; the price of $13.55 is 73% above that value, and 76% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | PVH | VFC |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $75.89 | $13.55 |
| Intrinsic value | $131.87 | $7.85 |
| Margin of safety | +42% | -73% |
| Leak Score | 56/100 (2/12) | 14/100 (3/12) |
| Market cap | $3.5B | $5.3B |
| Revenue growth, 5 years | 4.6% | 0.8% |
| Operating margin | 8.6% | 7.1% |
| Net margin | -1.9% | 2.9% |
| Return on equity | -3.5% | 17.9% |
| Debt to equity | 0.87 | 2.81 |
| P/E | — | 19.7x |
| Forward P/E | 6.1x | 10.2x |
| P/B | 0.7x | 3.0x |
| Dividend yield | 0.2% | 2.7% |