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Tapestry Inc (TPR)

Undervalued
Consumer CyclicalLuxury GoodsUnited States

Fundamental

75

Price

$115.04

Market Cap

$22.62B

Part 1 · What the company is worth

Overview

Tapestry, Inc. provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally. The company operates in two segments, Coach and Kate Spade. It offers handbags, fashion designs, business cases, computer bags, messenger style bags, backpacks, travel bags, and totes; accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories, including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, technology accessories, gifting, straps, and charms. The company also provides women's and men's footwear, which casual and dress shoes, boots, sneakers, and sandals; and other products which includes outerwear, ready-to-wear, jewelry, watches, eyewear, fragrance, scarves, hats, gloves, and other products. It offers its products through retail and outlet stores, brand e-commerce sites, and concession shop-in-shops, as well as third-party digital platforms, including marketplaces. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$8.00B

Trailing 12 months (through 6/27/2026)

Net Income

$1.53B

Trailing 12 months (through 6/27/2026)

Free Cash Flow

$1.81B

Total Equity

$692M

Total Liabilities

$6.00B

Current Ratio

1.75

Interest Coverage

16.05

Debt/EBITDA

1.91

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseUndervalued

Fair Value

$167.13

Current Price

$115.04

Margin of Safety

+31.2%

Fair Value Range

$108.63 - $225.62

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$166.50
Discounted cash flow (DCF):$224.68
Earnings multiple (P/E):$99.94
Graham growth formula:$307.47
Earnings power value (EPV):$58.19
Justified P/B:$104.39
Dividend discount (Gordon):$19.39
P/FFO, funds from operations:$135.49
Mid-cycle earnings:$96.63
Revenue multiple:$66.31
Analyst Consensus:Buy (21B / 6H / 1S)
Last Earnings Surprise:+1.82%

Valuation Metrics

P/E Ratio

15.82

ROE

220.7%

P/B Ratio

33.14

P/FCF

12.66

Gross Margin

77.8%

ROIC

30.0%

Profitability Radar

Value Creation (Economic Moat)

ROIC

30.0%

WACC

11.1%

ROIC − WACC

+18.9 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (22)

  • EPS shows upward trend
  • EPS CAGR 6.95%
  • Price CAGR 12.96%
  • ROIC 30.0%
  • Gross Margin 77.8%
  • P/FCF 12.66
  • Operating Margin 23.9%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 262.8%
  • Revenue Growth 5Y 6.8%
  • Analyst Consensus 75% Buy
  • Earnings Surprise avg 13.9%
  • PEG Ratio 0.75
  • Earnings Quality (OCF/NI) 1.30
  • Share Dilution -5.9%
  • Net Margin Trend 19.1% vs 2.6%
  • Piotroski F-Score 7/9

Failed (5)

  • P/B Ratio 33.14
  • Debt/Equity ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)

Unavailable (1)

  • Dividend Payout NaN%

Piotroski F-Score

7/9

Strong financial health

score
criteria

Earnings Quality

1.30

High quality: earnings backed by cash

Share Dilution

-5.9%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Ms. Joanne C. CrevoiseratPresident, CEO & Director61
Mr. Scott A. Roe CPACFO & COO60
Mr. David E. Howard CPAGeneral Counsel & Secretary49
Ms. Denise M. KulikowskyChief People Officer56
Mr. Todd Kahn J.D.CEO & Brand President of Coach61
Mr. Manesh B. DadlaniVP, Principal Accounting Officer & Controller42
Yang LuChief Information & Digital Officer-
Ms. Christina ColoneGlobal Head of Investor Relations-
Mr. Peter CharlesChief Supply Chain Officer-
Sandeep SethChief Growth Officer & President of Tapestry International-

Audit Risk

2

Board Risk

3

Compensation Risk

7

Shareholder Rights Risk

6

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-08-13

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-05-07

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-08-13

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for TPR, sourced from Markets Gazette.

  • 8/13/2026NEGATIVE
    Tapestry Beats Earnings but Faces Investor Disappointment Amid High Expectations

    Tapestry Inc. reported quarterly earnings that surpassed expectations, with its Coach brand leading net sales to $1.9 billion and achieving double-digit growth. The company also issued a revenue forecast consistent with market estimates for the upcoming fiscal year. However, the stock experienced a significant decline. This reaction stems from investor disappointment, as the market had anticipated stronger performance, particularly following a substantial 20% stock price increase in the period preceding the earnings release. The disconnect between reported results and market sentiment suggests a potential overvaluation or unmet speculative demand.

  • 4/22/2026NEUTRAL
    Alabama Rep. Terri Sewell Sold Over $16K Worth of Tapestry Stock: Here's What You Should Know

    Representative Terri Sewell, a member of the House Financial Services Committee, sold between $1,001 and $15,000 worth of Tapestry Inc. (TPR) stock on April 18th. The transaction occurred while the company was trading around $24 per share. Tapestry, the parent company of Coach, Kate Spade, and Stuart Weitzman, recently reported mixed quarterly results with a slight revenue miss but beat earnings expectations. This insider trading disclosure provides no direct insight into the company's future performance but is a routine disclosure for public officials.

  • 4/14/2026POSITIVE
    Tapestry CEO Sees Resilient Consumer, Bullish on Coach

    Tapestry President and CEO Joanne Crevoiserat expressed strong optimism regarding the company's performance and future growth prospects. She highlighted the company's global success and identified a significant growth runway for its organic business. Notably, Crevoiserat anticipates Coach evolving into a $10 billion brand, signaling substantial expansion potential for its flagship label. This positive outlook suggests robust consumer demand and effective brand strategy, which could translate into increased revenue and market share for Tapestry.

  • 3/4/2026POSITIVE
    If You Invested $1000 In Tapestry Stock 10 Years Ago, You Would Have This Much Today

    An investment of $1000 in Tapestry (TPR) stock ten years ago would have grown to approximately $1750 today, reflecting a 75% total return over the decade. This figure, encompassing capital appreciation and reinvested dividends, underscores the stock's long-term value creation capability for shareholders, despite the inherent volatility in the fashion and luxury goods sector. For investors, this performance suggests Tapestry has successfully navigated market challenges, delivering an attractive return compared to similar investments.

  • 2/25/2026POSITIVE
    Coach's viral messenger bag is back, and it's the perfect slouchy everyday bag

    Markets Gazette notes with interest the return of Coach's viral messenger bag to the market, an event poised to generate a significant boost for the luxury brand and its parent company, Tapestry Inc. The renewed availability of such a highly sought-after product, which previously sold out, is a positive signal for sales and brand perception. Investors should monitor the impact of this re-release on Tapestry's upcoming financial reports, as the success of iconic items can directly influence revenue and market share in the competitive fashion and accessories sector. This strategic move underscores Coach's ability to capitalize on consumer demand and maintain relevance in the fashion landscape.

  • 2/25/2026NEUTRAL
    Kate Spade Outlet is selling a pebbled leather satchel bag for $129, and it comes in seven colors

    Kate Spade Outlet, a brand under the Tapestry Inc. conglomerate, is currently promoting a pebbled leather satchel bag priced at $129, available in seven distinct colors. The product is highlighted for being "big enough but not bulky" and featuring multiple compartments for optimal organization, aiming to attract consumer interest. While product promotions are a standard component of retail operations, this specific news item lacks quantifiable financial data, such as projected sales volumes or overall revenue impact for Tapestry. For investors, this is primarily a routine marketing activity rather than a direct catalyst for the stock price, rendering its immediate market impact largely neutral without further financial disclosures.

via Markets Gazette