公司概述
Capri Holdings Limited engages in the design, marketing, distribution, and retail of branded women's and men's apparel, footwear, and accessories across a global footprint spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, Asia, and the Oceania. The company operates within the Consumer Cyclical sector as a primary player in the Luxury Goods industry, positioning itself to capture discretionary spending power in high-end fashion markets. With a market capitalization of $2.36B, an annual revenue of $4.33B, and a workforce of 9,700 employees, the firm demonstrates significant scale within the luxury retail landscape. These valuation and revenue figures indicate that while Capri Holdings maintains a substantial operational presence, its market cap relative to revenue suggests a market assessment that weighs current profitability challenges heavily against its brand equity and global reach.
财务健康
The company reported a revenue of $4.33B and an EBITDA of $189.00M over the trailing twelve months, yet it recorded a net income loss of $1,154,000,000. This substantial divergence between positive EBITDA and a negative net income of $1.154B reveals a cost structure burdened by significant non-operating expenses or tax adjustments that erode bottom-line earnings despite operational cash generation. The firm generated free cash flow of $153.12M, which provides a critical buffer for liquidity management and operational flexibility despite the reported accounting losses. Analyzing the margins, the gross margin stands at 62.8%, indicating strong pricing power and high value-added characteristics typical of luxury goods, while the operating margin of 5.7% shows that overhead costs are consuming a notable portion of gross profits. The profit margin is -11.7%, confirming that the bottom line is currently negative due to the factors affecting net income. On the balance sheet, the company holds $154.00M in cash against total debt of $1.31B, resulting in a debt-to-equity ratio of 1,213.89, which signifies a highly leveraged financial structure rather than a conservative stance. The current ratio of 1.14 indicates that the company's current assets slightly exceed its current liabilities, suggesting a tight but manageable short-term liquidity position that requires careful working capital management. Additionally, the Return on Equity is -195.6% and the Return on Assets is 0.1%, metrics that reveal management is currently destroying shareholder value and generating minimal returns on the asset base utilized to run the business.
估值评估
The valuation metrics present a complex picture with a trailing P/E ratio listed as N/A due to the reported losses, while the forward P/E is 10.59. The discrepancy between a non-existent trailing P/E and a forward P/E of 10.59 implies that the market is pricing in an expectation of future earnings recovery rather than valuing the stock based on current profitability. The price-to-book ratio is 22.50, indicating that the market is valuing the company at a significant premium of 22.5 times its book value, which often reflects intangible brand assets rather than tangible assets alone. Alternative valuation multiples show a price-to-sales ratio of 0.55 and an EV/EBITDA of 18.63, suggesting the market values the revenue stream at less than one dollar per dollar of sales while maintaining a high multiple on its cash earnings. The 52-week high is $28.27 and the 52-week low is $11.86; without the specific current price provided in the facts, the relative trading position cannot be numerically calculated, but the wide range highlights significant price volatility. The stock exhibits a beta of 1.46, meaning its price volatility is expected to be 46% higher than the broader market, reflecting the sensitivity of luxury consumer stocks to economic downturns and shifts in consumer sentiment.
Growth & Income
The revenue growth year-over-year is -4.0%, while earnings growth is N/A due to the current loss position. The contraction in revenue suggests a challenging operating environment or market share erosion, and since there are no earnings to grow, the company cannot be evaluated on earnings growth relative to revenue in the traditional sense. Regarding income, the company has a dividend yield of N/A and a payout ratio of 0.0%, indicating it is not a dividend payer and returns capital to shareholders through retention or other means rather than cash distributions. Because the company does not pay dividends and maintains a payout ratio of 0.0%, any potential income return for investors would have to come from capital appreciation rather than income distributions. The overall growth and income profile currently reflects a period of contraction in top-line sales, a complete absence of dividend income, and a reliance on future operational improvements to restore profitability and enable potential capital returns.