Is MOVADO GROUP INC (MOV) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 18.1% / 30% | 39.9% / 30% | 19.7% / 30% | 1.09% / 5% | ✗ NOT HALAL |
| DJIM | 18.1% / 33% | 39.9% / 33% | 19.7% / 33% | 1.09% / 5% | ✗ NOT HALAL |
| MSCI | 13.0% / 33% | 28.6% / 33% | 14.1% / 33% | 1.09% / 5% | ✓ HALAL |
| S&P | 18.1% / 33% | 39.9% / 33% | 19.7% / 33% | 1.09% / 5% | ✗ NOT HALAL |
| FTSE | 13.0% / 33% | 28.6% / 33% | 14.1% / 50% | 1.09% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 54.2% | |
| Operating Margin | 7.4% | |
| Net Margin | 4.0% | |
| Return on Equity (ROE) | 5.4% | |
| Return on Assets (ROA) | 2.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$10M |
| Total Debt | $95M |
| Debt-to-Equity | 15.4 |
| Current Ratio | 4.6 |
| Total Assets | $729M |
Price & Trading
| Last Close | $24.17 |
| 50-Day MA | $23.94 |
| 200-Day MA | $19.76 |
| Avg Volume | 140K |
| Beta | 0.9 |
|
52-Week Range
$12.85
| |
About MOVADO GROUP INC (MOV)
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. It operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and KATE SPADE NEW YORK. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company's customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. It sells directly to consumers through its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1881 and is headquartered in Paramus, New Jersey.
Related Halal Stocks in Consumer Cyclical
Frequently Asked Questions
Is MOVADO GROUP INC (MOV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MOVADO GROUP INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MOVADO GROUP INC's debt ratio?
MOVADO GROUP INC's debt ratio is 18.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 13.0%.
What are MOVADO GROUP INC's key financial metrics?
MOVADO GROUP INC has a market capitalization of $532M, trailing P/E ratio of 20.6, and revenue of $653M. The company maintains a gross margin of 54.2% and a net margin of 4.0%. Return on equity stands at 5.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.