NEW YORK (TheStreet) – With less than 200,000 shares traded per day, on average, G-III Apparel Group (GIII) - Get Report doesn't get much media coverage. Not compared with, say, Gap (GPS) - Get Report, which has an average volume of 4 million shares.

The lack of activity doesn't mean lack of value, however. G-III Apparel shareholders have seen the stock's value climb about 50% in the past year, a trend poised to continue when the company reports earnings on Tuesday for the quarter through January. Drivers have included acquisitions that boosted sales as well as higher profitability.

Headquartered in New York, G-III Apparel sells all sorts of clothing for both men and women, from dresses to swimwear, suits, luggage and handbags. In addition its own branded products, the company sells licensed apparel from well-known brands such as Calvin Klein, Guess and Tommy Hilfiger and has licensing deals with pro sports organizations including Major League Baseball and the National Basketball Association.

The breadth of its partnerships has helped the company boost sales from about $200 million to more than $2 billion just in the past 10 years. In other words, in the past decade the company has grown its revenue 10-fold, averaging more than 20% gains per year. During that span, its stock has climbed 22-fold from about $5 in 2005 to its recent weekly close of $111.89 on March 20. Take a look at the chart.

GIII

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G-III has added sales with acquisitions including Vilebrequin, Wilson Leather, Andrew Marc and Jessica Howard, as well as widened gross profit margins in the past eight years to 36 percent. In its third-quarter results, gross margin expanded an additional 240 basis points above last year, leading to profit growth of 35%. 

Analysts expect moment to continue on Tuesday, when the company posts results for the quarter through January. Earnings are projected to be 83 cents a share on revenue of $528 million, translating to increases of 34% and 12%, from last year. For the full year, earnings are projected to grow 19% to $4.44 per share, while revenue is projected to climb 24% to $2.1 billion.

Despite shares trading at near 52-week highs, G-III Apparel can still deliver value. Based on consensus fiscal 2016 earnings estimates of $5.16 per share, the stock trades at just 21 times forward earnings, which is cheap. And given the company's margin-expansion capabilities, patient investors may gain as much as 15% in the next 12 to 18 months, putting the shares at $125 to $130.

This article is commentary by an independent contributor. At the time of publication, the author held TK positions in the stocks mentioned.