Movado Group Stock Beta

MOV Stock

USD 19.07 0.32 1.71%

Movado Group fundamentals help investors to digest information that contributes to Movado's financial success or failures. It also enables traders to predict the movement of Movado Stock. The fundamental analysis module provides a way to measure Movado's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Movado stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Movado Group Company Beta Analysis

Movado's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Movado Beta

1.01

Most of Movado's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Movado Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Movado Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Movado is extremely important. It helps to project a fair market value of Movado Stock properly, considering its historical fundamentals such as Beta. Since Movado's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Movado's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Movado's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Long Term Debt	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Short Term Investments	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.9	-0.43	0.94	0.68	0.73	0.78	0.87	0.27	0.56	-0.06	-0.86	0.86	-0.02	0.32	0.1	-0.06	0.73	0.54	0.03	0.63	-0.19	-0.31	0.34	0.05	0.07
Total Stockholder Equity	0.9		-0.69	0.93	0.56	0.53	0.43	0.94	0.09	0.33	-0.25	-0.71	0.96	0.0	0.45	0.21	0.08	0.49	0.26	0.07	0.34	-0.11	-0.18	0.31	0.02	-0.04
Net Debt	-0.43	-0.69		-0.56	-0.31	-0.3	0.11	-0.78	0.01	0.23	0.62	0.46	-0.78	0.03	-0.39	-0.43	-0.04	-0.17	0.14	0.08	0.0	0.37	-0.31	0.24	-0.27	-0.09
Retained Earnings	0.94	0.93	-0.56		0.57	0.66	0.62	0.9	0.25	0.42	-0.07	-0.86	0.85	-0.15	0.29	0.24	-0.08	0.69	0.39	0.04	0.5	-0.22	-0.19	0.37	0.12	0.02
Accounts Payable	0.68	0.56	-0.31	0.57		0.5	0.61	0.58	0.03	0.44	-0.06	-0.56	0.55	-0.24	0.22	0.02	0.13	0.5	0.39	-0.04	0.47	-0.1	-0.06	0.18	0.08	0.18
Net Receivables	0.73	0.53	-0.3	0.66	0.5		0.76	0.66	0.71	0.28	-0.31	-0.86	0.57	-0.09	-0.21	0.45	-0.17	0.95	0.54	-0.4	0.84	-0.67	0.08	-0.15	0.58	0.5
Total Liab	0.78	0.43	0.11	0.62	0.61	0.76		0.45	0.44	0.69	0.24	-0.75	0.4	-0.04	0.02	-0.08	-0.25	0.81	0.75	-0.04	0.83	-0.23	-0.38	0.26	0.08	0.2
Total Current Assets	0.87	0.94	-0.78	0.9	0.58	0.66	0.45		0.2	0.14	-0.4	-0.78	0.96	0.05	0.41	0.39	0.07	0.57	0.2	0.03	0.36	-0.34	0.05	0.07	0.23	0.06
Short Term Debt	0.27	0.09	0.01	0.25	0.03	0.71	0.44	0.2		0.03	-0.38	-0.57	0.13	-0.36	-0.46	0.46	-0.21	0.7	0.42	-0.6	0.72	-0.8	0.15	-0.28	0.77	0.69
Intangible Assets	0.56	0.33	0.23	0.42	0.44	0.28	0.69	0.14	0.03		0.55	-0.41	0.24	-0.11	0.19	-0.64	-0.19	0.35	0.83	0.08	0.62	0.25	-0.85	0.51	-0.44	-0.04
Long Term Debt	-0.06	-0.25	0.62	-0.07	-0.06	-0.31	0.24	-0.4	-0.38	0.55		0.13	-0.36	0.06	0.01	-0.63	-0.21	-0.12	0.2	0.28	-0.03	0.66	-0.61	0.51	-0.64	-0.32
Treasury Stock	-0.86	-0.71	0.46	-0.86	-0.56	-0.86	-0.75	-0.78	-0.57	-0.41	0.13		-0.73	0.2	-0.09	-0.29	0.24	-0.86	-0.53	0.31	-0.78	0.53	0.13	0.02	-0.4	-0.45
Common Stock	0.86	0.96	-0.78	0.85	0.55	0.57	0.4	0.96	0.13	0.24	-0.36	-0.73		0.09	0.47	0.22	0.05	0.47	0.22	-0.04	0.36	-0.21	-0.1	0.08	0.1	0.09
Property Plant Equipment	-0.02	0.0	0.03	-0.15	-0.24	-0.09	-0.04	0.05	-0.36	-0.11	0.06	0.2	0.09		0.36	-0.17	0.17	-0.24	-0.16	0.35	-0.25	0.31	-0.17	-0.24	-0.43	-0.35
Current Deferred Revenue	0.32	0.45	-0.39	0.29	0.22	-0.21	0.02	0.41	-0.46	0.19	0.01	-0.09	0.47	0.36		-0.42	0.13	-0.34	-0.01	0.62	-0.23	0.32	-0.42	0.14	-0.55	-0.43
Net Tangible Assets	0.1	0.21	-0.43	0.24	0.02	0.45	-0.08	0.39	0.46	-0.64	-0.63	-0.29	0.22	-0.17	-0.42		0.13	0.45	-0.39	-0.4	0.03	-0.62	0.82	-0.33	0.81	0.37
Short Term Investments	-0.06	0.08	-0.04	-0.08	0.13	-0.17	-0.25	0.07	-0.21	-0.19	-0.21	0.24	0.05	0.17	0.13	0.13		-0.24	-0.24	0.1	-0.27	0.15	0.1	-0.01	-0.08	-0.13
Capital Surpluse	0.73	0.49	-0.17	0.69	0.5	0.95	0.81	0.57	0.7	0.35	-0.12	-0.86	0.47	-0.24	-0.34	0.45	-0.24		0.55	-0.41	0.84	-0.59	0.06	0.04	0.55	0.47
Deferred Long Term Liab	0.54	0.26	0.14	0.39	0.39	0.54	0.75	0.2	0.42	0.83	0.2	-0.53	0.22	-0.16	-0.01	-0.39	-0.24	0.55		-0.08	0.84	-0.25	-0.61	0.21	-0.08	0.15
Long Term Investments	0.03	0.07	0.08	0.04	-0.04	-0.4	-0.04	0.03	-0.6	0.08	0.28	0.31	-0.04	0.35	0.62	-0.4	0.1	-0.41	-0.08		-0.47	0.48	-0.25	0.52	-0.67	-0.92
Short Long Term Debt	0.63	0.34	0.0	0.5	0.47	0.84	0.83	0.36	0.72	0.62	-0.03	-0.78	0.36	-0.25	-0.23	0.03	-0.27	0.84	0.84	-0.47		-0.53	-0.3	-0.05	0.36	0.57
Long Term Debt Total	-0.19	-0.11	0.37	-0.22	-0.1	-0.67	-0.23	-0.34	-0.8	0.25	0.66	0.53	-0.21	0.31	0.32	-0.62	0.15	-0.59	-0.25	0.48	-0.53		-0.48	0.55	-0.84	-0.59
Cash And Equivalents	-0.31	-0.18	-0.31	-0.19	-0.06	0.08	-0.38	0.05	0.15	-0.85	-0.61	0.13	-0.1	-0.17	-0.42	0.82	0.1	0.06	-0.61	-0.25	-0.3	-0.48		-0.44	0.69	0.21
Net Invested Capital	0.34	0.31	0.24	0.37	0.18	-0.15	0.26	0.07	-0.28	0.51	0.51	0.02	0.08	-0.24	0.14	-0.33	-0.01	0.04	0.21	0.52	-0.05	0.55	-0.44		-0.49	-0.6
Net Working Capital	0.05	0.02	-0.27	0.12	0.08	0.58	0.08	0.23	0.77	-0.44	-0.64	-0.4	0.1	-0.43	-0.55	0.81	-0.08	0.55	-0.08	-0.67	0.36	-0.84	0.69	-0.49		0.72
Capital Stock	0.07	-0.04	-0.09	0.02	0.18	0.5	0.2	0.06	0.69	-0.04	-0.32	-0.45	0.09	-0.35	-0.43	0.37	-0.13	0.47	0.15	-0.92	0.57	-0.59	0.21	-0.6	0.72

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Movado

In accordance with the recently published financial statements, Movado Group has a Beta of 1.01. This is 20.24% higher than that of the Textiles, Apparel & Luxury Goods sector and 31.76% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

Movado Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Movado's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Movado could also be used in its relative valuation, which is a method of valuing Movado by comparing valuation metrics of similar companies.

Movado is currently under evaluation in beta category among its peers.

Movado ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Movado's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Movado's managers, analysts, and investors.

Environmental

Governance

Social

Movado Institutional Holders

Institutional Holdings refers to the ownership stake in Movado that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Movado's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Movado's value.

		Shares
Bank Of New York Mellon Corp	2024-06-30	263.2 K
Northern Trust Corp	2024-09-30	229.6 K
Renaissance Technologies Corp	2024-09-30	221.4 K
Gamco Investors, Inc. Et Al	2024-06-30	217.9 K
Charles Schwab Investment Management Inc	2024-09-30	196.7 K
Denali Advisors Llc	2024-06-30	193.8 K
Bridgeway Capital Management, Llc	2024-06-30	177 K
Lsv Asset Management	2024-09-30	167 K
Jpmorgan Chase & Co	2024-06-30	133.2 K
Blackrock Inc	2024-06-30	2.5 M
Royce & Associates, Lp	2024-09-30	1.5 M

Movado returns are very sensitive to returns on the market. As the market goes up or down, Movado is expected to follow.

Movado Fundamentals

	Return On Equity	0.0732
	Return On Asset	0.0336
	Profit Margin	0.05 %
	Operating Margin	0.02 %
	Current Valuation	313.07 M
	Shares Outstanding	15.76 M
	Shares Owned By Insiders	3.06 %
	Shares Owned By Institutions	94.80 %
	Number Of Shares Shorted	788.77 K
	Price To Earning	7.18 X
	Price To Book	0.83 X
	Price To Sales	0.63 X
	Revenue	672.6 M
	Gross Profit	419.06 M
	EBITDA	70.34 M
	Net Income	46.71 M
	Cash And Equivalents	251.58 M
	Cash Per Share	8.19 X
	Total Debt	92.09 M
	Debt To Equity	0.17 %
	Current Ratio	3.40 X
	Book Value Per Share	22.69 X
	Cash Flow From Operations	76.78 M
	Short Ratio	2.04 X
	Earnings Per Share	1.59 X
	Price To Earnings To Growth	1.16 X
	Target Price	38.0
	Number Of Employees	1.09 K
	Beta	1.01
	Market Capitalization	416.66 M
	Total Asset	769.08 M
	Retained Earnings	470.32 M
	Working Capital	430.8 M
	Current Asset	320.49 M
	Current Liabilities	67.61 M
	Annual Yield	0.07 %
	Five Year Return	2.64 %
	Net Asset	769.08 M
	Last Dividend Paid	1.4

About Movado Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Movado Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Movado using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Movado Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Movado Stock Analysis

When running Movado's price analysis, check to measure Movado's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.

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