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← CockpitCompetitor Analysis › MOV Movado Group, Inc.Open in the cockpit ↗

Movado Group, Inc.MOVCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Other Consumer Specialties
Momentum neutral 46
Mkt cap
$495M
US dollars, full cap
Free float
94%
of shares outstanding
$/day
$4.76M
20-day average traded
Fwd P/E
16.1×
forward earnings
ROIC−WACC
+1.6 pp
WACC 8.9%
Hurdle
-13 pp
Req g minus delivered
Next earnings
25 days
1 Dec 2026
Close · USD$31.03
1D-0.5%
1W-0.6%
1M-3.0%
3M-15.6%
6M+10.8%
YTD+50.5%
1Y+66.1%
ATR %3.0%
Beta1.05
52w lowhigh23.4% off high

What Movado does

Employees: 1,386

Movado at a glance

Size Movado (MOV) is a United States Consumer Discretionary company (Other Consumer Specialties) with a market value of $495M, the 2708th largest of 3,117 United States companies the cockpit tracks. Shares closed at $31.03 on 6 Nov 2026.

Performance Over six months the shares gained 10.8%, against -11.4% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 20 in its peer set.

Growth Revenue grew 4.8% over the last twelve months (peer median +19.0%); the operating margin is 7.1% (peer median 12.1%).

Valuation It trades at 16.1× forward earnings against a peer median of 27.6× (4th cheapest of 12).

Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -13 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.6 points above its cost of capital (8.9% WACC).

Short interest Short interest is 6.9% of the free float (15 Oct 2026).

Next results Next results expected around 1 Dec 2026 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026MOV 112Peer median 88
Six months, rebased to 100: Movado against the median of its 20 peers (local-currency closes).

Movado financials

Reported figures in USD; fiscal year ends 2026-01-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$691M$673M$653M$664M$752M
Revenue growth—+3%-2%-12%—
Gross profit$388M$365M$353M$364M$434M
EBITDA$58.1M$42.4M$30.6M$58.1M$130M
Net income$41.4M$26.6M$18.4M$41.3M$94.5M
Free cash flow$71.1M$53.4M-$9.47M$68.6M$47.3M
Capital expenditure$4.20M$4.65M$8.07M$8.37M$7.29M
Total debt$68.1M$78.7M$94.8M$92.1M$88.6M

Quarterly statements and history in the cockpit →

Movado 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

0%+100%+200%+300%-20%0%+20%+40%GOLDIAMKDDLFOSLSENCOFPETBZBIJ25836168SAFARIVIPINDTIMEX893279762585MOV6-month return →1-month return →
Up and to the right = strong over both horizons. Movado is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×50×100×KDDLFOSLSENCOFPE6168SAFARITIMEX00234579763011772585MOVRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Movado is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-25%0%25%GOLDIAMKDDLFPEBIJSAFARIVIPINDTIMEX8932002721002345MOVGrowth 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. Movado is the large dot.

Movado competitors and peer comparison

How Movado 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.

Movado against its 20 peers (data as of 6 Nov 2026)
MeasureMOVPeer medianRank in peer set
1-month return-3.0%-0.4%9th lowest of 21
6-month return+10.8%-11.4%8th highest of 20
Distance from 52-week high-23.4%-25.2%10th highest of 21
Revenue growth (TTM)+4.8%+19.0%8th lowest of 21
Operating margin7.1%12.1%6th lowest of 21
Forward P/E16.1×27.6×4th cheapest of 12
Growth the price implies (Req g, 7 yrs)-7.2%24.5%3rd least demanding of 11
Growth delivered (Del g)+5.5%+24.2%2nd lowest of 11
Hurdle (Req g minus delivered)-12.7 pp-13.1 pp5th most demanding of 11
ROIC minus cost of capital+1.6 pp+2.4 pp9th lowest of 20
EV / EBITDA6.1×15.2×4th cheapest of 14
Net debt / EBITDA-2.5×-0.1×2nd least indebted of 17

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
Movado MOVUnited States$495M+11%+5%7%16.1×-7.2%+5.5%
Goldiam International GOLDIAM.NSIndia$505M+1%+27%20%n/a35.6%+19.2%
KDDL KDDL.NSIndia$518M+64%+32%9%17.8×33.2%+31.5%
Fossil FOSLUnited States$462M+76%-9%2%48.3×n/an/a
Senco Gold SENCO.NSIndia$556M-7%+42%9%13.6×n/an/a
FOPE FPE.MIItaly$434M+69%+24%20%27.6×0.1%+29.2%
Tribhovandas Bhimji Zaveri TBZ.NSIndia$419M+300%+24%10%n/an/an/a
Bijou Brigitte modische Accessoires BIJ.DEGermany$401M-11%0%14%n/a-9.9%+10.5%
Shenzhen Hipine Precision Technology 2583.HKHong Kong$391M-40%+31%26%n/an/an/a
Zhou Liu Fu Jewellery 6168.HKHong Kong$632M-42%+2%19%5.0×n/an/a
Safari Industries (India) SAFARI.NSIndia$651M-18%+14%9%32.9×31.3%+44.2%
V.i.p.industries VIPIND.NSIndia$360M-26%-11%-22%n/a23.3%+24.6%
Zhejiang Ming Jewelry 002574.SZChina$353M-22%+2%-12%n/an/an/a
Timex Group India TIMEX.NSIndia$750M+90%+42%15%60.5×25.7%+41.7%
Wiselink 8932.TWOTaiwan$941M-19%+24%47%n/a10.0%+23.2%
Beijing Kingee Culture Development 002721.SZChina$965M-21%+45%15%n/a26.5%-25.9%
Guangdong CHJ Industry 002345.SZChina$1.11B-19%+14%13%10.8×-11.5%+23.9%
Mitsubishi Pencil 7976.TJapan$1.16B+52%+6%13%20.6×n/an/a
Gens Aurea OROX.MIItaly$1.27Bn/a+95%11%n/an/an/a
DR Corporation Limited Class A 301177.SZChina$1.29B-26%-4%-6%124.3×n/an/a
Mokingran Jewellery 2585.HKHong Kong$1.37B+118%+5%4%29.7×n/an/a

Questions

Which companies are Movado's closest peers?
The cockpit's peer set: Goldiam International (GOLDIAM.NS), KDDL (KDDL.NS), Fossil (FOSL), Senco Gold (SENCO.NS), FOPE (FPE.MI), Tribhovandas Bhimji Zaveri (TBZ.NS), Bijou Brigitte modische Accessoires (BIJ.DE), Shenzhen Hipine Precision Technology (2583.HK).
Is Movado expensive compared with its peers?
On forward p/e it trades at 16.1× against a peer median of 27.6×, 4th cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -13 pp: the price already allows for a slowdown.
How has Movado stock performed?
Over six months to 6 Nov 2026 the shares returned +10.8% against -11.4% for the median peer; over one year +66.1%.

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.