Tapestry Statistics
Total Valuation
Tapestry has a market cap or net worth of $9.18 billion. The enterprise value is $11.06 billion.
| Market Cap | 9.18B |
| Enterprise Value | 11.06B |
Important Dates
The next estimated earnings date is Thursday, May 9, 2024, before market open.
| Earnings Date | May 9, 2024 |
| Ex-Dividend Date | Mar 7, 2024 |
Share Statistics
Tapestry has 229.37 million shares outstanding. The number of shares has decreased by -4.77% in one year.
| Shares Outstanding | 229.37M |
| Shares Change (YoY) | -4.77% |
| Shares Change (QoQ) | -0.34% |
| Owned by Insiders (%) | 0.30% |
| Owned by Institutions (%) | 94.05% |
| Float | 228.27M |
Valuation Ratios
The trailing PE ratio is 10.11 and the forward PE ratio is 9.02. Tapestry's PEG ratio is 2.03.
| PE Ratio | 10.11 |
| Forward PE | 9.02 |
| PS Ratio | 1.36 |
| Forward PS | 1.32 |
| PB Ratio | 3.45 |
| P/FCF Ratio | 7.09 |
| PEG Ratio | 2.03 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.98, with an EV/FCF ratio of 8.54.
| EV / Earnings | 11.92 |
| EV / Sales | 1.64 |
| EV / EBITDA | 7.98 |
| EV / EBIT | 9.17 |
| EV / FCF | 8.54 |
Financial Position
The company has a current ratio of 6.25, with a Debt / Equity ratio of 3.51.
| Current Ratio | 6.25 |
| Quick Ratio | 5.32 |
| Debt / Equity | 3.51 |
| Debt / EBITDA | 6.74 |
| Debt / FCF | 7.21 |
| Interest Coverage | 16.13 |
Financial Efficiency
Return on equity (ROE) is 38.60% and return on invested capital (ROIC) is 8.21%.
| Return on Equity (ROE) | 38.60% |
| Return on Assets (ROA) | 10.60% |
| Return on Capital (ROIC) | 8.21% |
| Revenue Per Employee | $363,605 |
| Profits Per Employee | $50,168 |
| Employee Count | 18,500 |
| Asset Turnover | 0.77 |
| Inventory Turnover | 2.07 |
Taxes
In the past 12 months, Tapestry has paid $203.50 million in taxes.
| Income Tax | 203.50M |
| Effective Tax Rate | 17.98% |
Stock Price Statistics
The stock price has decreased by -4.51% in the last 52 weeks. The beta is 1.60, so Tapestry's price volatility has been higher than the market average.
| Beta (1Y) | 1.60 |
| 52-Week Price Change | -4.51% |
| 50-Day Moving Average | 45.15 |
| 200-Day Moving Average | 37.04 |
| Relative Strength Index (RSI) | 32.01 |
| Average Volume (30 Days) | 3,939,580 |
Short Selling Information
The latest short interest is 6.60 million, so 2.88% of the outstanding shares have been sold short.
| Short Interest | 6.60M |
| Short Previous Month | 5.76M |
| Short % of Shares Out | 2.88% |
| Short % of Float | 2.89% |
| Short Ratio (days to cover) | 1.88 |
Income Statement
In the last 12 months, Tapestry had revenue of $6.73 billion and earned $928.10 million in profits. Earnings per share was $3.96.
| Revenue | 6.73B |
| Gross Profit | 4.86B |
| Operating Income | 1.20B |
| Pretax Income | 1.13B |
| Net Income | 928.10M |
| EBITDA | 1.39B |
| EBIT | 1.21B |
| Earnings Per Share (EPS) | $3.96 |
Balance Sheet
The company has $7.46 billion in cash and $9.34 billion in debt, giving a net cash position of -$1.88 billion or -$8.19 per share.
| Cash & Cash Equivalents | 7.46B |
| Total Debt | 9.34B |
| Net Cash | -1.88B |
| Net Cash Per Share | -$8.19 |
| Equity / Book Value | 2.66B |
| Book Value Per Share | 11.60 |
| Working Capital | 7.59B |
Cash Flow
In the last 12 months, operating cash flow was $1.41 billion and capital expenditures -$119.10 million, giving a free cash flow of $1.30 billion.
| Operating Cash Flow | 1.41B |
| Capital Expenditures | -119.10M |
| Free Cash Flow | 1.30B |
| FCF Per Share | $5.65 |
Margins
Gross margin is 72.28%, with operating and profit margins of 17.85% and 13.80%.
| Gross Margin | 72.28% |
| Operating Margin | 17.85% |
| Pretax Margin | 16.82% |
| Profit Margin | 13.80% |
| EBITDA Margin | 20.60% |
| EBIT Margin | 17.93% |
| FCF Margin | 19.26% |
Dividends & Yields
This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 3.50%.
| Dividend Per Share | $1.40 |
| Dividend Yield | 3.50% |
| Dividend Growth (YoY) | 17.39% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 35.35% |
| Buyback Yield | 4.77% |
| Shareholder Yield | 8.26% |
| Earnings Yield | 10.11% |
| FCF Yield | 14.11% |
Analyst Forecast
The average price target for Tapestry is $47.53, which is 18.74% higher than the current price. The consensus rating is "Buy".
| Price Target | $47.53 |
| Price Target Difference | 18.74% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | n/a |
| 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 1.84 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.84 |
| Piotroski F-Score | 7 |