Pandora AS
PNDORA: XCSE (DNK)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
DKK 1,938.00 | Cgsznx | Yhbtxmhx |
Pandora Should Benefit From a Narrow Moat Due to Its Intangible Brand Assets
Business Strategy and Outlook
Pandora is a global branded jeweler and leader in the charm bracelet category. We believe the firm benefits from its global brand recognition and vast distribution channels, moderately strong pricing power enabled by the charms' low perceived value and recurring purchases, and customer loyalty.