Apparel - Manufacturers · NYSE
Current Price
$14.18
PE Ratio (TTM)
20.3x
Intrinsic Value
$12.79
-10.8% margin of safety
COMPETITIVE MOAT
↑Brand Portfolio Strength
VFC owns iconic brands like The North Face and Vans, which have strong consumer recognition and loyalty. This allows for premium pricing and sustained demand.
↑Global Distribution Network
The company operates an extensive global retail and wholesale network. This wide reach provides significant market access and economies of scale.
↑Supply Chain Management Expertise
VFC has developed sophisticated supply chain capabilities over decades. This allows for efficient production and inventory management, crucial in the apparel industry.
INVESTMENT RISKS
↓Dividend Cut Impact
The significant 82% dividend cut signals financial strain or a strategic shift. This can deter income-focused investors and negatively impact stock valuation.
↓Intense Retail Competition
The apparel market is highly competitive with numerous players, including fast fashion and direct-to-consumer brands. This pressure can erode market share and pricing power.
↓Economic Sensitivity
Apparel is a discretionary purchase, making VFC's sales susceptible to economic downturns and reduced consumer spending power.
Base case
At a current price of $14.18, the base case PE valuation puts VFC fair value near $12.79 per share. That figure assumes 2.5% yearly earnings growth, a target PE multiple of 20.55x, and a 10% discount rate.
Intrinsic Value
$12.79
Margin of safety
-10.8%
Expected annual return
-2.0%
Base case assumptions: 2.5% annual earnings growth, 20.55x target PE, 10% discount rate, 5 year projection. Data as of 2026-10-08.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for V.F. Corporation respond.
Open PE Calculator for VFCV.F. Corporation, operating with its subsidiaries, specializes in the global design, sourcing, marketing, and distribution of branded lifestyle apparel, footwear, and complementary products. Catering to men, women, and children, its offerings reach markets across the Americas, Europe, and Asia-Pacific. The company structures its operations into three distinct segments: Outdoor, Active, and Work. Its expansive product portfolio includes a wide array of apparel, such as outdoor wear, casual and lifestyle clothing, and items crafted from merino wool and other natural fibers. It also provides a diverse selection of footwear, ranging from outdoor-inspired and performance-oriented styles to action sports, streetwear, and protective work footwear. Completing its range are various accessories, including handbags, luggage, backpacks, and totes, as well as specialized equipment and work-appropriate attire. These goods are marketed under renowned brand names like The North Face, Timberland, Smartwool, Icebreaker, Altra, Vans, Supreme, Kipling, Napapijri, Eastpak, JanSport, Dickies, and Timberland PRO. Distribution occurs through wholesale channels to specialty retailers, department stores, national chains, and mass merchants. Furthermore, V.F. Corporation engages in direct-to-consumer sales via its proprietary retail stores, concession stands, e-commerce platforms, and other digital avenues. Established in 1899, V.F. Corporation maintains its corporate headquarters in Denver, Colorado.
PE Ratio (TTM)
20.3x
PEG Ratio
0.02
Earnings Yield
4.87%
ROE (TTM)
15.9%
Revenue/Share (TTM)
$24.26
Dividend Yield
2.54%
Debt/Equity
2.81x
The trailing twelve-month PE ratio of VFC reflects how much investors pay per dollar of V.F. Corporation's earnings. This metric is most useful when compared to Apparel - Manufacturers peers and the company's own historical range.
VFC's PE of 20.3x combined with a PEG ratio of 0.02 provides a growth-adjusted perspective. A PEG below 1.0 means the P/E is low relative to the earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Apparel - Manufacturers, a DCF analysis may be more appropriate.
To value V.F. Corporation using PE: (1) Compare the current PE (20.3x) against the Apparel - Manufacturers median to assess relative pricing, (2) check the PEG ratio (0.02) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
VFC's PEG ratio is 0.02, calculated by dividing the PE ratio (20.3x) by the expected earnings growth rate. A PEG below 1.0 means the P/E is low relative to the expected earnings growth rate. Note that PEG accuracy depends on the reliability of growth estimates.
PE ratio gives a quick relative read — how VFC is priced versus Apparel - Manufacturers peers. DCF provides an absolute value based on projected free cash flows. For VFC, with a strong ROE of 15.9%, both methods are worth using — PE for a market-relative check, DCF to stress-test whether fundamentals justify the price. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
P/E and DCF value VFC with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-10-08. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.