Saturday 17 October 2026
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Movado Group Inc.
MOV Consumer Cyclical Luxury Goods
Movado Group Inc.’s revenue for fiscal 2026 (year ended January 2026) was $671.3 million, up 2.74% from fiscal 2025. In the quarter to July 2026, revenue grew 4.90%, EPS grew 307.7% and free cash flow grew 67.9%, each against the same quarter a year earlier. Dividend growth for three consecutive years.
32.90
0.27
−0.81%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to January
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 20.50 | 28.15 | 18.05 | 8.12 | 16.39 | 27.72 | 23.94 | 17.86 | 12.85 | 20.61 |
Analyst estimates 2027–2029 Powerpack |
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| High | 33.70 | 53.73 | 40.21 | 21.90 | 48.66 | 43.95 | 37.28 | 30.44 | 22.25 | 40.50 | |||||
| People | |||||||||||||||
| People | Employees | 1,100 | 1,000 | 1,140 | 1,145 | 1,206 | 268 | 1,457 | 1,548 | 1,456 | 1,386 | ||||
| Revenue/emp, $m | 0.50 | 0.57 | 0.60 | 0.61 | 0.42 | 2.73 | 0.51 | 0.43 | 0.45 | 0.48 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 553 | 568 | 680 | 701 | 506 | 732 | 744 | 664 | 653 | 671 | ||||
| Gross margin, % | 53.34 | 52.48 | 54.35 | 53.48 | 53.42 | 57.22 | 57.66 | 54.81 | 54.05 | 54.16 | |||||
| EBT | 51 | 42 | 62 | 58 | (142) | 117 | 117 | 54 | 27 | 34 | |||||
| EBT margin, % | 9.31 | 7.42 | 9.08 | 8.20 | (28.12) | 16.02 | 15.74 | 8.12 | 4.08 | 5.12 | |||||
| Net income | 35 | (15) | 62 | 42 | (111) | 93 | 93 | 42 | 19 | 27 | |||||
| Depreciation | 12 | 13 | 14 | 16 | 170 | 12 | 11 | 10 | 9 | 9 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 23.96 | 24.62 | 29.30 | 30.31 | 21.79 | 31.58 | 33.07 | 29.90 | 29.34 | 30.18 | ||||
| Earnings | 1.51 | (0.66) | 2.61 | 1.83 | (4.80) | 3.87 | 4.12 | 2.06 | 0.81 | 1.17 | |||||
| Cash flow | 2.52 | 2.37 | 3.71 | 1.39 | 2.94 | 5.64 | 2.41 | 3.46 | (0.07) | 2.60 | |||||
| Capex | (0.27) | (0.28) | (0.48) | (0.55) | (0.08) | (0.26) | (0.32) | (0.38) | (0.36) | (0.21) | |||||
| Free cash flow | 2.25 | 2.10 | 3.24 | 0.84 | 2.86 | 5.38 | 2.09 | 3.08 | (0.43) | 2.40 | |||||
| Book value | 20.55 | 20.38 | 21.41 | 22.80 | 18.39 | 20.47 | 22.69 | 22.86 | 21.72 | 22.94 | |||||
| Shares, m | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 22 | 22 | 22 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 18.10 | 0.00 | 12.19 | 9.41 | 0.00 | 9.55 | 8.58 | 14.93 | 22.87 | 20.44 | ||||
| P/S | 1.13 | 1.24 | 1.09 | 0.57 | 0.99 | 1.17 | 1.07 | 0.92 | 0.65 | 0.79 | |||||
| P/B | 1.32 | 1.50 | 1.49 | 0.76 | 1.18 | 1.81 | 1.56 | 1.21 | 0.88 | 1.03 | |||||
| EV/Sales | 0.71 | 0.91 | 0.89 | 0.38 | 0.59 | 0.81 | 0.74 | 0.54 | 0.35 | 0.46 | |||||
| EV/FCF | 7.61 | 10.68 | 8.02 | 13.66 | 4.50 | 4.75 | 11.78 | 5.27 | (23.73) | 5.76 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 58 | 55 | 86 | 32 | 68 | 131 | 54 | 77 | (2) | 58 | ||||
| Capex | (6) | (6) | (11) | (13) | (2) | (6) | (7) | (8) | (8) | (5) | |||||
| Free cash flow | 52 | 48 | 75 | 19 | 67 | 125 | 47 | 68 | (10) | 53 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 433 | 381 | 355 | 355 | 374 | 402 | 425 | 420 | 377 | 404 | ||||
| Total debt | 25 | 25 | 50 | 52 | 21 | 63 | 71 | — | — | — | |||||
| Net debt | (231) | (215) | (140) | (134) | (203) | (277) | (252) | (262) | (209) | (231) | |||||
| Shareholders’ equity | 474 | 470 | 497 | 527 | 427 | 475 | 511 | 508 | 484 | 510 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 5.88 | (2.43) | 8.77 | 5.31 | (14.24) | 12.37 | 11.67 | 5.35 | 2.47 | 3.61 | ||||
| ROIC | 13.90 | 10.57 | 10.89 | 6.83 | (39.52) | 37.15 | 27.90 | 12.32 | 4.55 | 6.66 | |||||
| ROE | 7.66 | (3.22) | 12.75 | 8.34 | (23.36) | 20.31 | 18.35 | 8.12 | 3.70 | 5.34 | |||||
Negative figures in brackets.
Fiscal years to Jan 2026 · latest quarter Jul 2026
Charts ten years each
Movado Group Inc. vs peers in Luxury Goods (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SIG Signet Jewelers Limited | $4.4B | 13.4× | 8.8× | −0.46% (below 0%: shrinking) | n/m | −50.56% (below 0%: shrinking) | 39.42% | 5.73% | Compare |
| CPRI Capri Holdings Limited | $1.8B | 12.3× | 9.2× | −3.51% (below 0%: shrinking) | +36.36% (above 0%: growing) | +328.57% (above 0%: growing) | 65.02% | 2.21% | Compare |
| LUXE LuxExperience B.V. - Sponsored ADR | $1.3B | — (loss-making) | — (loss-making) | +17.13% (above 0%: growing) | n/m | +115.02% (above 0%: growing) | 48.18% | (5.10%) | Compare |
| REAL The RealReal, Inc. | $1.3B | — (loss-making) | 35.9× | +16.58% (above 0%: growing) | n/m | +59.42% (above 0%: growing) | 74.36% | (1.19%) | Compare |
| MOV Movado Group Inc. | $529.3M | 18.3× | 20.4× | +4.90% (above 0%: growing) | +307.69% (above 0%: growing) | +67.92% (above 0%: growing) | 59.40% | 8.76% | |
| ELA Envela Corporation | $312.6M | 14.0× | 32.5× | +3.46% (above 0%: growing) | +45.45% (above 0%: growing) | +136.50% (above 0%: growing) | 23.56% | 8.99% | Compare |
| BRLT Brilliant Earth Group, Inc. | $147.7M | — (loss-making) | — (loss-making) | +5.67% (above 0%: growing) | n/m | +108.96% (above 0%: growing) | 57.90% | 0.39% | Compare |
| LANV Lanvin Group Holdings Limited | $105.7M | — (loss-making) | — (loss-making) | — | n/m | +34.01% (above 0%: growing) | 56.34% | 0.00% | Compare |
| SORA AsiaStrategy | $61.2M | — | — | — | — | — | — | — | Compare |
| Median of peers | $796.3M | 13.4× | 20.8× | +4.56% | — | +108.96% | 56.34% | 0.39% |
Movado Group Inc. (MOV) key facts
- Strength: Movado Group Inc.’s revenue for fiscal 2026 (year ended January 2026) was $671.3 million, up 2.74% from fiscal 2025.
- Movado Group Inc. (MOV) is a Luxury Goods company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
- As of October 16, 2026, MOV traded at $32.90, a market capitalization of $529.3 million.
- Movado Group Inc. pays an annual dividend of $1.50 per share, a yield of 4.56%, with a payout ratio of 83.3%.
- Return on equity was 5.34% and debt-to-equity 0.00.
- Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 3.83 (safe zone) for fiscal 2026.