Kontoor Brands, Inc. (KTB) vs V.F. Corporation (VFC)

Kontoor Brands, Inc. and V.F. Corporation are both Apparel Manufacturing companies. V.F. Corporation is the larger, with a market value of $5.4B against $3.5B — 1.5× the size. Kontoor Brands, Inc. trades at the lower P/E: 13.5× against 19.9×. Kontoor Brands, Inc. grew revenue faster over the last twelve months: 50.3% against 0.19%. Kontoor Brands, Inc. has the higher net margin (7.80% vs 2.88%) and the higher return on invested capital (15.7% vs 7.87%). Both pay a dividend; V.F. Corporation yields more (5.08% vs 2.99%). Across the 23 metrics below, Kontoor Brands, Inc. leads on 15 and V.F. Corporation on 8.

Valuation

Metric KTB VFC Apparel Manufacturing median
P/E 13.51 19.93 17.21
P/S 1.05 0.58 0.44
P/B 5.82 3.14 1.58
Price to free cash flow 8.63 9.20 9.18
EV/EBITDA 9.99 6.72 8.64
EV/Sales 1.36 0.88 0.54
Earnings yield 7.40% 5.02% 0.00%
Free cash flow yield 11.59% 10.87% 9.25%

Profitability

Metric KTB VFC Apparel Manufacturing median
Gross margin 48.31% 54.97% 48.31%
Operating margin 12.49% 6.10% 2.46%
Net margin 7.80% 2.88% (0.46%)
Free cash flow margin 12.15% 6.34% 5.26%
Return on equity 47.98% 17.94% 4.29%
Return on assets 9.95% 2.80% 0.00%
Return on invested capital 15.74% 7.87% 0.00%

Growth

Metric KTB VFC Apparel Manufacturing median
Revenue growth (TTM) 50.30% 0.19% 0.02%
EPS growth (last fiscal year) (7.11%) 233.33% —
Revenue growth, 5-year CAGR 8.49% 0.78% 6.76%
Net income growth, 5-year CAGR 27.34% (8.97%) 0.00%

Health

Metric KTB VFC Apparel Manufacturing median
Debt to equity 1.85 1.99 0.23
Current ratio 1.83 1.43 1.81
Net debt to EBITDA 2.69 2.18 (0.43)

Dividend

Metric KTB VFC Apparel Manufacturing median
Dividend yield 2.99% 5.08% 2.76%
Payout ratio 0.52 5.37 0.07

Size

Metric KTB VFC Apparel Manufacturing median
Market cap 3.52b 5.38b 402.31m

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