Pandora AS PNDORA

Morningstar Rating
DKK 1,055.00 +4.50 (0.43%)
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Company Report

Price vs Fair Value

PNDORA is trading within a range we consider fairly valued.
Price
DKK 1,055.00
Fair Value
DKK 8,569.00
Uncertainty
High
1-Star Price
DKK 7,286.20
5-Star Price
DKK 636.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Pandora is a category leader in charm bracelets, a category with a high share of recurring demand, which ensures revenue stability.

Bears

Pandora may not successfully diversify itself into new product concepts, given its poor past track record.

News

Trading Information

Previous Close Price
DKK 1,050.50
Day Range
DKK 1,041.001,060.50
52-Week Range
DKK 740.201,205.00
Bid/Ask
DKK 1,054.50 / DKK 1,055.00
Market Cap
DKK 84.21 Bil
Volume/Avg
126,311 / 168,822

Key Statistics

Price/Earnings (Normalized)
18.22
Price/Sales
2.93
Dividend Yield (Trailing)
1.71%
Dividend Yield (Forward)
1.71%
Total Yield
6.45%

Company Profile

Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,500 concept stores globally (1,600 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for 51% of sales, own online channels for 21% and wholesale for the remainder. Charms and bracelets account for almost three fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
Sector
Consumer Cyclical
Industry
Luxury Goods
Stock Style Box
Mid Core
Total Number of Employees
33,000

Comparables

Valuation

Metric
PNDORA
UHR
ALLE
Price/Earnings (Normalized)
18.2218.5620.43
Price/Book Value
20.900.808.90
Price/Sales
2.931.323.49
Price/Cash Flow
12.8510.5420.17
Price/Earnings
PNDORA
UHR
ALLE

Financial Strength

Metric
PNDORA
UHR
ALLE
Quick Ratio
0.361.951.18
Current Ratio
0.978.191.66
Interest Coverage
7.87221.337.77
Quick Ratio
PNDORA
UHR
ALLE

Profitability

Metric
PNDORA
UHR
ALLE
Return on Assets (Normalized)
21.00%3.80%15.05%
Return on Equity (Normalized)
116.95%4.45%50.56%
Return on Invested Capital (Normalized)
29.14%4.04%21.27%
Return on Assets
PNDORA
UHR
ALLE

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