Investment Thesis
Tiffany & Co. (NYSE:TIF) has long been a brand name retailer with market share in categories such as bridal and jewelry. The industry has high barriers to entry and a few top competitors. Combined with Tiffany's strong free cash flow, this should make the company a valuable long-term investment. However, based on a Discounted Cash Flow Valuation, the company is actually overvalued.
Company Overview
Tiffany & Co (NYSE:TIF) is global jewelry company that designs and sells high-quality gemstones and jewelry, specializing in diamonds. The company is broken up into