Tapestry Statistics
Total Valuation
Tapestry has a market cap or net worth of $13.15 billion. The enterprise value is $14.65 billion.
| Market Cap | 13.15B |
| Enterprise Value | 14.65B |
Important Dates
The last earnings date was Thursday, November 7, 2024, before market open.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | Sep 6, 2024 |
Share Statistics
Tapestry has 233.04 million shares outstanding. The number of shares has decreased by -1.55% in one year.
| Current Share Class | 233.04M |
| Shares Outstanding | 233.04M |
| Shares Change (YoY) | -1.55% |
| Shares Change (QoQ) | +0.51% |
| Owned by Insiders (%) | 0.36% |
| Owned by Institutions (%) | 91.79% |
| Float | 231.99M |
Valuation Ratios
The trailing PE ratio is 16.36 and the forward PE ratio is 12.18. Tapestry's PEG ratio is 1.52.
| PE Ratio | 16.36 |
| Forward PE | 12.18 |
| PS Ratio | 1.95 |
| Forward PS | 1.90 |
| PB Ratio | 4.41 |
| P/TBV Ratio | 33.04 |
| P/FCF Ratio | 11.08 |
| P/OCF Ratio | 10.11 |
| PEG Ratio | 1.52 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.17, with an EV/FCF ratio of 12.35.
| EV / Earnings | 18.14 |
| EV / Sales | 2.20 |
| EV / EBITDA | 10.17 |
| EV / EBIT | 11.54 |
| EV / FCF | 12.35 |
Financial Position
The company has a current ratio of 4.93, with a Debt / Equity ratio of 2.95.
| Current Ratio | 4.93 |
| Quick Ratio | 4.23 |
| Debt / Equity | 2.95 |
| Debt / EBITDA | 4.37 |
| Debt / FCF | 7.42 |
| Interest Coverage | 2.70 |
Financial Efficiency
Return on equity (ROE) is 29.92% and return on invested capital (ROIC) is 9.09%.
| Return on Equity (ROE) | 29.92% |
| Return on Assets (ROA) | 7.60% |
| Return on Capital (ROIC) | 9.09% |
| Revenue Per Employee | $358,360 |
| Profits Per Employee | $43,419 |
| Employee Count | 18,600 |
| Asset Turnover | 0.64 |
| Inventory Turnover | 1.76 |
Taxes
In the past 12 months, Tapestry has paid $191.50 million in taxes.
| Income Tax | 191.50M |
| Effective Tax Rate | 19.17% |
Stock Price Statistics
The stock price has increased by +83.39% in the last 52 weeks. The beta is 1.56, so Tapestry's price volatility has been higher than the market average.
| Beta (5Y) | 1.56 |
| 52-Week Price Change | +83.39% |
| 50-Day Moving Average | 47.70 |
| 200-Day Moving Average | 43.75 |
| Relative Strength Index (RSI) | 69.06 |
| Average Volume (20 Days) | 4,940,720 |
Short Selling Information
The latest short interest is 5.07 million, so 2.18% of the outstanding shares have been sold short.
| Short Interest | 5.07M |
| Short Previous Month | 4.44M |
| Short % of Shares Out | 2.18% |
| Short % of Float | 2.19% |
| Short Ratio (days to cover) | 1.55 |
Income Statement
In the last 12 months, Tapestry had revenue of $6.67 billion and earned $807.60 million in profits. Earnings per share was $3.45.
| Revenue | 6.67B |
| Gross Profit | 4.93B |
| Operating Income | 1.27B |
| Pretax Income | 1.08B |
| Net Income | 807.60M |
| EBITDA | 1.44B |
| EBIT | 1.27B |
| Earnings Per Share (EPS) | $3.45 |
Balance Sheet
The company has $7.31 billion in cash and $8.81 billion in debt, giving a net cash position of -$1.50 billion or -$6.44 per share.
| Cash & Cash Equivalents | 7.31B |
| Total Debt | 8.81B |
| Net Cash | -1.50B |
| Net Cash Per Share | -$6.44 |
| Equity (Book Value) | 2.98B |
| Book Value Per Share | 12.80 |
| Working Capital | 7.29B |
Cash Flow
In the last 12 months, operating cash flow was $1.30 billion and capital expenditures -$113.60 million, giving a free cash flow of $1.19 billion.
| Operating Cash Flow | 1.30B |
| Capital Expenditures | -113.60M |
| Free Cash Flow | 1.19B |
| FCF Per Share | $5.09 |
Margins
Gross margin is 73.91%, with operating and profit margins of 19.04% and 12.12%.
| Gross Margin | 73.91% |
| Operating Margin | 19.04% |
| Pretax Margin | 14.99% |
| Profit Margin | 12.12% |
| EBITDA Margin | 21.60% |
| EBIT Margin | 19.04% |
| FCF Margin | 19.44% |
Dividends & Yields
This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 2.48%.
| Dividend Per Share | $1.40 |
| Dividend Yield | 2.48% |
| Dividend Growth (YoY) | 12.00% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 40.59% |
| Buyback Yield | 1.55% |
| Shareholder Yield | 4.03% |
| Earnings Yield | 6.14% |
| FCF Yield | 9.02% |
Analyst Forecast
The average price target for Tapestry is $58.35, which is 3.44% higher than the current price. The consensus rating is "Buy".
| Price Target | $58.35 |
| Price Target Difference | 3.44% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | 4.35% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on April 5, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | Apr 5, 2005 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Tapestry has an Altman Z-Score of 1.87 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.87 |
| Piotroski F-Score | 6 |