V.F. CORPORATION |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.56 USD | -1.53% |
|
-3.86% | -34.44% |
| May. 17 | Telsey Advisory Cuts Price Target on VF to $18 From $22, Maintains Outperform Rating | MT |
| May. 15 | Citigroup Cuts Price Target on VF to $13 From $16, Maintains Neutral Rating | MT |
Valuation
| Fiscal Period: Aprile | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 34,548 | 19,215 | 31,144 | 21,989 | 8,904 | 4,961 | - | - |
| Enterprise Value (EV) 1 | 36,791 | 21,684 | 35,450 | 26,133 | 14,736 | 10,734 | 9,675 | 8,934 |
| P/E ratio | 27.7 x | 31 x | 76.4 x | 16 x | 73.9 x | -8.99 x | 8.65 x | 6.82 x |
| Yield | 2.22% | 3.9% | 2.44% | 3.5% | 7.9% | 6.11% | 2.74% | 2.51% |
| Capitalization / Revenue | 2.49 x | 1.83 x | 3.42 x | 1.86 x | 0.77 x | 0.47 x | 0.47 x | 0.45 x |
| EV / Revenue | 2.66 x | 2.07 x | 3.9 x | 2.21 x | 1.27 x | 1.02 x | 0.92 x | 0.81 x |
| EV / EBITDA | 16.7 x | 13.4 x | 36.3 x | 14.4 x | 10.5 x | 10.7 x | 8.82 x | 7.22 x |
| EV / FCF | 26 x | 37 x | 31.8 x | 42.2 x | -17.9 x | 17.3 x | 13.1 x | 12.7 x |
| FCF Yield | 3.84% | 2.7% | 3.14% | 2.37% | -5.58% | 5.79% | 7.63% | 7.87% |
| Price to Book | 8.03 x | 5.64 x | 10.1 x | 6.28 x | 3.06 x | 2.13 x | 1.75 x | 1.43 x |
| Nbr of stocks (in thousands) | 395,605 | 394,720 | 391,792 | 388,902 | 388,657 | 388,816 | - | - |
| Reference price 2 | 87.33 | 48.68 | 79.49 | 56.54 | 22.91 | 12.76 | 12.76 | 12.76 |
| Announcement Date | 5/22/19 | 5/15/20 | 5/21/21 | 5/19/22 | 5/23/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 13,849 | 10,489 | 9,097 | 11,842 | 11,612 | 10,497 | 10,490 | 11,003 |
| EBITDA 1 | 2,209 | 1,613 | 976.4 | 1,818 | 1,397 | 999.4 | 1,097 | 1,238 |
| EBIT 1 | 1,908 | 1,345 | 707.3 | 1,549 | 1,135 | 694.8 | 803.5 | 937.9 |
| Operating Margin | 13.78% | 12.82% | 7.78% | 13.08% | 9.77% | 6.62% | 7.66% | 8.52% |
| Earnings before Tax (EBT) 1 | 1,527 | 727.2 | 456.5 | 1,523 | 43.29 | 563.1 | 809.8 | 1,061 |
| Net income 1 | 1,260 | 679.4 | 407.9 | 1,387 | 118.6 | -554.1 | 575.7 | 731.4 |
| Net margin | 9.1% | 6.48% | 4.48% | 11.71% | 1.02% | -5.28% | 5.49% | 6.65% |
| EPS 2 | 3.150 | 1.570 | 1.040 | 3.530 | 0.3100 | -1.420 | 1.476 | 1.871 |
| Free Cash Flow 1 | 1,414 | 586.3 | 1,115 | 618.8 | -821.7 | 621.9 | 738 | 702.9 |
| FCF margin | 10.21% | 5.59% | 12.25% | 5.23% | -7.08% | 5.92% | 7.04% | 6.39% |
| FCF Conversion (EBITDA) | 63.98% | 36.36% | 114.15% | 34.03% | - | 62.23% | 67.25% | 56.79% |
| FCF Conversion (Net income) | 112.21% | 86.3% | 273.27% | 44.62% | - | - | 128.2% | 96.1% |
| Dividend per Share 2 | 1.940 | 1.900 | 1.940 | 1.980 | 1.810 | 0.7800 | 0.3498 | 0.3209 |
| Announcement Date | 5/22/19 | 5/15/20 | 5/21/21 | 5/19/22 | 5/23/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: April | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,198 | 3,624 | 2,825 | 2,262 | 3,081 | 3,531 | 2,740 | 2,086 | 3,034 | 2,960 | 2,411 | 1,970 | 2,942 | 3,048 | 2,495 |
| EBITDA 1 | 600.8 | 708 | 293.2 | 144.2 | 442.6 | 528.1 | 222.4 | 59.2 | 438.9 | 365.5 | 134.5 | 43.47 | 437.3 | 435.7 | 183 |
| EBIT 1 | 534.3 | 642.9 | 223.7 | 77.47 | 378.7 | 526.6 | 152.2 | -7.874 | 363.3 | 276.7 | 50.97 | -24.55 | 356.5 | 352.2 | 105.1 |
| Operating Margin | 16.71% | 17.74% | 7.92% | 3.43% | 12.29% | 14.92% | 5.56% | -0.38% | 11.97% | 9.35% | 2.11% | -1.25% | 12.11% | 11.56% | 4.21% |
| Earnings before Tax (EBT) 1 | 531.7 | 641.3 | 171.1 | -62.61 | -134 | 455.9 | -216 | -62.28 | 303.8 | -65.54 | 10.8 | - | - | - | - |
| Net income 1 | 464.1 | 517.8 | 80.84 | -55.96 | -118.4 | 507.9 | -214.9 | -57.42 | -450.7 | -42.45 | -9.36 | -87.87 | 224.3 | 283.7 | 34.45 |
| Net margin | 14.51% | 14.29% | 2.86% | -2.47% | -3.84% | 14.38% | -7.84% | -2.75% | -14.85% | -1.43% | -0.39% | -4.46% | 7.62% | 9.31% | 1.38% |
| EPS 2 | 1.180 | 1.320 | 0.2100 | -0.1400 | -0.3100 | 1.310 | -0.5500 | -0.1500 | -1.160 | -0.1100 | -0.0275 | -0.2269 | 0.5764 | 0.7288 | 0.0887 |
| Dividend per Share 2 | 0.4900 | 0.5000 | 0.5000 | 0.5000 | 0.5000 | 0.5100 | 0.3000 | 0.3000 | 0.3000 | 0.0900 | 0.1110 | 0.0898 | 0.0898 | 0.1048 | 0.1048 |
| Announcement Date | 10/22/21 | 1/28/22 | 5/19/22 | 7/28/22 | 10/26/22 | 2/7/23 | 5/23/23 | 8/1/23 | 10/30/23 | 2/6/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,243 | 2,469 | 4,307 | 4,145 | 5,832 | 5,773 | 4,713 | 3,972 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.015 x | 1.531 x | 4.411 x | 2.279 x | 4.173 x | 5.777 x | 4.295 x | 3.209 x |
| Free Cash Flow 1 | 1,414 | 586 | 1,115 | 619 | -822 | 622 | 738 | 703 |
| ROE (net income / shareholders' equity) | 37.9% | 28% | 15.2% | 42.1% | 25.3% | 17.1% | 18.3% | 20.2% |
| ROA (Net income/ Total Assets) | 14.7% | 9.98% | 3.91% | 9.21% | 5.97% | 3.11% | 4.15% | 5.98% |
| Assets 1 | 8,599 | 6,811 | 10,438 | 15,058 | 1,987 | -17,843 | 13,868 | 12,222 |
| Book Value Per Share 2 | 10.90 | 8.630 | 7.840 | 9.000 | 7.490 | 5.980 | 7.300 | 8.940 |
| Cash Flow per Share 2 | 4.160 | 2.190 | 3.350 | 2.200 | -1.690 | 2.040 | 2.660 | 2.540 |
| Capex 1 | 251 | 288 | 199 | 245 | 166 | 151 | 180 | 203 |
| Capex / Sales | 1.81% | 2.75% | 2.18% | 2.07% | 1.43% | 1.44% | 1.71% | 1.85% |
| Announcement Date | 5/22/19 | 5/15/20 | 5/21/21 | 5/19/22 | 5/23/23 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
12.76
USD
Average target price
18.04
USD
Spread / Average Target
+41.39%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -32.13% | 4.96B | |
| +6.76% | 425B | |
| +4.52% | 145B | |
| -34.49% | 42.17B | |
| +14.90% | 18.81B | |
| +16.42% | 10.73B | |
| +33.49% | 8.79B | |
| +14.11% | 7.14B | |
| +38.18% | 6.58B | |
| -6.58% | 6.46B |
- Stock Market
- Equities
- VFC Stock
- Financials V.F. Corporation
