PVH Corp vs Ermenegildo Zegna NV

PVH Corp (PVH) is undervalued and we do not publish a verdict for Ermenegildo Zegna NV (ZGN).

We publish an intrinsic value for PVH but not for ZGN, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

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

Ermenegildo Zegna NV (ZGN)

We do not publish a value for this company: it has no growth history of its own to project.

Leak Score 14/100 on 3 of 12 signals

MetricPVHZGN
VerdictUndervaluedNot valued
Price$75.89$12.51
Intrinsic value$131.87
Margin of safety+42%
Leak Score56/100 (2/12)14/100 (3/12)
Market cap$3.5B$7.1B
Revenue growth, 5 years4.6%
Operating margin8.6%8.5%
Net margin-1.9%4.0%
Return on equity-3.5%8.2%
Debt to equity0.871.11
P/E36.5x
Forward P/E6.1x19.9x
P/B0.7x2.8x
Dividend yield0.2%1.2%

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