Tapestry Inc. (TPR) exhibits 77.8% gross margins and 79.8% return on invested capital within Consumer Discretionary (Apparel), balanced against a 12.1x enterprise multiple and 4.8% implied options volatility.
Sustained 77.8% gross profitability converts into 23.9% operating margin and 79.8% ROIC, outpacing sector cost of capital.
ROIC: 79.8% // GM: 77.8%YoY revenue trajectory of +14.2% paired with 7.70% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +14.2% // FCF YLD: 7.70%Altman Z-Score of 4.05 and Piotroski F-Score of 8/9 indicate low near-term refinancing stress.
ALTMAN Z: 4.05 // F-SCORE: 8/9Trading at 15.4x trailing P/E (12.9x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 15.4x // EV/EBITDA: 12.1xOptions market prices a ±5.2% implied move with a 0.85 put/call ratio around $120.76 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Apparel require continuous execution to defend 19.1% net margins.
NET MARGIN: 19.1% // D/E: 4.35x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for TPR & activate live FRED threshold breach alerts.