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Capri Holdings LimitedCPRICompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Apparel/Footwear Retail

Owns luxury fashion brands Michael Kors, Versace and Jimmy Choo, selling apparel, accessories and footwear.

Momentum leader 94
Mkt cap
$2.12B
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$65.8M
20-day average traded
Fwd P/E
9.4×
forward earnings
ROIC−WACC
-3.8 pp
WACC 8.8%
Hurdle
+24 pp
Req g minus delivered
Next earnings
96 days
10 Feb 2027
Close · USD$20.54
1D-2.8%
1W+10.0%
1M+39.9%
3M+33.1%
6M+10.8%
YTD-15.8%
1Y-7.6%
ATR %4.5%
Beta1.03
52w lowhigh27.3% off high

What Capri does

Owns luxury fashion brands Michael Kors, Versace and Jimmy Choo, selling apparel, accessories and footwear.

Sells through its own stores and websites and wholesale to department stores, with Michael Kors carrying most sales. A merger with Tapestry was dropped in 2024 after a US court sided with regulators, and in 2025 it agreed to sell Versace to Prada, leaving Michael Kors and Jimmy Choo.

Products and services

  • Michael Kors
  • Versace
  • Jimmy Choo

Customers

  • Department stores
  • Own boutiques
  • Luxury e-commerce

Where it sits in the supply chain

  • Consumer Discretionary
  • Luxury apparel/accessories
  • Multi-brand luxury house

What could go right

  • Versace and Jimmy Choo brand elevation
  • Potential divestiture value unlock

What could go wrong

  • Michael Kors demand softness
  • Luxury spending slowdown in China and Americas

Moat: narrow (brand). Recognized luxury and accessible-luxury brands, but Michael Kors has faced years of demand softness.

Headquarters: London, UK · Founded: 1981 · Employees: 11,200

Named competitors

Capri at a glance

Size Capri (CPRI) is a United States Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $2.12B, the 1754th largest of 3,117 United States companies the cockpit tracks. Shares closed at $20.54 on 6 Nov 2026.

Performance Over six months the shares gained 10.8%, against -4.1% for the median peer and -1.1% for the United States market (cap-weighted) — 7th highest of 20 in its peer set.

Growth Revenue fell 13.9% over the last twelve months (peer median +7.0%); the operating margin is 2.7% (peer median 8.5%).

Valuation It trades at 9.4× forward earnings against a peer median of 14.8× (3rd cheapest of 20).

Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is -3%, so the hurdle is +24 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 3.8 points below its cost of capital (8.8% WACC).

Backlog Backlog (remaining performance obligations) was $121M at 29 Mar 2025, down 17% on a year earlier — 0.0 years of trailing revenue. Backlog detail →

Short interest Short interest is 12.6% of the free float (15 Oct 2026).

Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026CPRI 116Peer median 98
Six months, rebased to 100: Capri against the median of its 20 peers (local-currency closes).

Capri financials

Reported figures in USD; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$3.40B$3.47B$3.62B$5.17B$5.62B
Revenue growth—-4%-30%-8%—
Gross profit$2.03B$2.05B$2.12B$3.15B$3.52B
EBITDA$211M$203M$253M$557M$981M
Net income$163M$92.0M-$1.18B-$229M$616M
Free cash flow$184M$14.0M$207M$120M$545M
Capital expenditure$76.9M$63.0M$74.0M$189M$226M
Total debt$1.50B$1.42B$2.55B$3.58B$3.60B

Quarterly statements and history in the cockpit →

Capri competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%0%+20%+40%BKEMDVMETROBRAND301381OVS2726PMVCRIBOOTABLBLVMM8227WINA82146110JDCPRI6-month return →1-month return →
Up and to the right = strong over both horizons. Capri is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%0×100×200×BKEMDVMETROBRAND301381OVS2726PMVBOOTREFVMMWINA2685FIRSTCRY6110JDCPRIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Capri is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%BKEMDVMETROBRAND301381OVS2726PMVAEOCRIBOOTVMM8227WINA2685FIRSTCRY6110JDCPRIGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Capri is the large dot.

Capri competitors and peer comparison

Head to head with its named competitors (CPRI vs RL vs TPR vs PVH)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Capri CPRI$2.12B+11%-14%3%9.4×21.3%
Ralph Lauren RL$22.4B+5%+15%17%18.6×11.0%
Tapestry TPR$26.4B0%+14%24%15.8×9.0%
PVH PVH$4.15B+1%+2%8%8.1×2.5%
Kering KER.PA$25.7B-23%-9%11%30.9×12.2%
Burberry BRBY.L$5.38B-4%-2%7%28.8×19.1%

How Capri compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Capri against its 20 peers (data as of 6 Nov 2026)
MeasureCPRIPeer medianRank in peer set
1-month return+39.9%+3.7%highest of 21
6-month return+10.8%-4.1%7th highest of 20
Distance from 52-week high-27.3%-29.2%9th highest of 21
Revenue growth (TTM)-13.9%+7.0%lowest of 21
Operating margin2.7%8.5%3rd lowest of 21
Forward P/E9.4×14.8×3rd cheapest of 20
Growth the price implies (Req g, 7 yrs)21.3%7.7%5th most demanding of 20
Growth delivered (Del g)-3.1%+11.0%3rd lowest of 19
Hurdle (Req g minus delivered)+24.4 pp-9.4 ppmost demanding of 19
ROIC minus cost of capital-3.8 pp+1.6 pp5th lowest of 20
EV / EBITDA16.6×7.6×5th most expensive of 19
Net debt / EBITDA6.5×0.7×2nd most indebted of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Capri CPRIUnited States$2.12B+11%-14%3%9.4×21.3%-3.1%
Buckle BKEUnited States$2.16B-20%+6%22%10.3×-5.2%+7.6%
Modivo MDV.WAPoland$2.01B+29%+4%2%34.1×23.3%+15.9%
Metro Brands METROBRAND.NSIndia$2.39B-20%+16%19%49.2×34.1%+29.1%
Sailvan Times 301381.SZChina$2.39B+25%+14%4%25.4×14.9%+17.6%
OVS OVS.MIItaly$1.74B+15%+10%7%14.8×12.8%+11.4%
PAL 2726.TJapan$1.58B-4%+7%11%13.6×-15.4%+16.7%
Premier Investments PMV.AXAustralia$1.57B+22%-3%14%14.9×9.4%-11.0%
American Eagle Outfitters AEOUnited States$3.34B+19%+8%9%11.1×0.9%+8.1%
Carter's CRIUnited States$1.17B-9%+5%10%9.9×-13.2%-0.8%
Boot Barn BOOTUnited States$3.92B-20%+17%14%14.6×14.3%+20.3%
Reformation REFUnited States$1.07Bn/a+16%6%57.7×n/an/a
Aditya Birla Lifestyle Brands ABLBL.NSIndia$995M-35%+7%7%32.4×22.2%n/a
Vishal Mega Mart VMM.NSIndia$4.67B-25%+18%9%43.8×32.3%+19.4%
SHIMAMURA 8227.TJapan$4.69B+2%+5%9%14.3×-9.9%+5.2%
Winmark WINAUnited States$944M-29%+9%60%23.9×7.7%+5.4%
AOKI 8214.TJapan$912M+10%0%8%n/a-5.3%+6.3%
AND ST HD 2685.TJapan$900M+2%+3%6%12.0×-15.3%+10.6%
Brainbees Solutions FIRSTCRY.NSIndia$883M-33%+12%-2%194.4×20.1%+39.8%
Topsports International 6110.HKHong Kong$882M-62%-3%5%6.1×-20.9%-7.2%
JD Sports Fashion JD..LUnited Kingdom$6.03B+37%+2%7%9.0×1.4%+15.5%

Capri backlog

Capri reported $121M of remaining performance obligations at 29 Mar 2025, down 17% from a year earlier and down 8% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.99.

Questions

Who are Capri's main competitors?
Named competitors: Ralph Lauren (RL), Tapestry (TPR), PVH (PVH), Kering (KER.PA), Burberry (BRBY.L). The cockpit's measured peer set (industry) also includes Buckle (BKE), Modivo (MDV.WA), Metro Brands (METROBRAND.NS), Sailvan Times (301381.SZ), OVS (OVS.MI), PAL (2726.T).
Is Capri expensive compared with its peers?
On forward p/e it trades at 9.4× against a peer median of 14.8×, 3rd cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is -3%, so the hurdle is +24 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Capri stock performed?
Over six months to 6 Nov 2026 the shares returned +10.8% against -4.1% for the median peer; over one year -7.6%.
What is Capri's backlog?
Capri's remaining performance obligations (contracted revenue not yet recognised) were $121M at 29 Mar 2025, -17% on a year earlier.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.