Market Closed -
Börse Stuttgart
09:36:54 2024-06-28 EDT
|
5-day change
|
1st Jan Change
|
141
EUR
|
-0.70%
|
|
0.00%
|
-3.42%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
208,495
|
257,166
|
366,252
|
340,700
|
366,368
|
355,092
|
-
|
-
|
Enterprise Value (EV)
1 |
214,701
|
261,407
|
375,859
|
368,547
|
397,039
|
378,888
|
371,338
|
360,594
|
P/E ratio
|
29.1
x
|
54.8
x
|
30.4
x
|
24.3
x
|
24.2
x
|
22.5
x
|
20.2
x
|
18.7
x
|
Yield
|
1.64%
|
1.17%
|
0.96%
|
1.76%
|
1.77%
|
1.96%
|
2.21%
|
2.4%
|
Capitalization / Revenue
|
3.88
x
|
5.76
x
|
5.7
x
|
4.3
x
|
4.25
x
|
3.99
x
|
3.69
x
|
3.44
x
|
EV / Revenue
|
4
x
|
5.85
x
|
5.85
x
|
4.65
x
|
4.61
x
|
4.26
x
|
3.86
x
|
3.5
x
|
EV / EBITDA
|
12.9
x
|
18.2
x
|
16.4
x
|
13.5
x
|
13.2
x
|
13
x
|
11.7
x
|
10.5
x
|
EV / FCF
|
34.8
x
|
42.7
x
|
27.8
x
|
36.4
x
|
49
x
|
23.9
x
|
21.9
x
|
19.4
x
|
FCF Yield
|
2.87%
|
2.34%
|
3.6%
|
2.74%
|
2.04%
|
4.18%
|
4.56%
|
5.14%
|
Price to Book
|
5.46
x
|
6.64
x
|
7.77
x
|
6.19
x
|
6.01
x
|
5.15
x
|
4.52
x
|
4.06
x
|
Nbr of stocks (in thousands)
|
503,368
|
503,359
|
503,785
|
501,103
|
499,410
|
497,607
|
-
|
-
|
Reference price
2 |
414.2
|
510.9
|
727.0
|
679.9
|
733.6
|
713.6
|
713.6
|
713.6
|
Announcement Date
|
20-01-28
|
21-01-26
|
22-01-27
|
23-01-26
|
24-01-25
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
53,670
|
44,651
|
64,215
|
79,184
|
86,153
|
88,976
|
96,224
|
103,155
|
EBITDA
1 |
16,612
|
14,355
|
22,981
|
27,281
|
29,979
|
29,206
|
31,668
|
34,196
|
EBIT
1 |
11,504
|
8,305
|
17,151
|
21,055
|
22,802
|
23,253
|
25,639
|
27,770
|
Operating Margin
|
21.43%
|
18.6%
|
26.71%
|
26.59%
|
26.47%
|
26.13%
|
26.65%
|
26.92%
|
Earnings before Tax (EBT)
1 |
10,714
|
7,364
|
17,208
|
20,113
|
21,625
|
22,528
|
24,883
|
27,099
|
Net income
1 |
7,171
|
4,702
|
12,036
|
14,084
|
15,174
|
15,899
|
17,535
|
19,118
|
Net margin
|
13.36%
|
10.53%
|
18.74%
|
17.79%
|
17.61%
|
17.87%
|
18.22%
|
18.53%
|
EPS
2 |
14.23
|
9.320
|
23.89
|
28.03
|
30.33
|
31.68
|
35.26
|
38.19
|
Free Cash Flow
1 |
6,167
|
6,117
|
13,531
|
10,113
|
8,104
|
15,823
|
16,931
|
18,543
|
FCF margin
|
11.49%
|
13.7%
|
21.07%
|
12.77%
|
9.41%
|
17.78%
|
17.6%
|
17.98%
|
FCF Conversion (EBITDA)
|
37.12%
|
42.61%
|
58.88%
|
37.07%
|
27.03%
|
54.18%
|
53.46%
|
54.22%
|
FCF Conversion (Net income)
|
86%
|
130.09%
|
112.42%
|
71.8%
|
53.41%
|
99.52%
|
96.56%
|
96.99%
|
Dividend per Share
2 |
6.800
|
6.000
|
7.000
|
12.00
|
13.00
|
14.01
|
15.75
|
17.11
|
Announcement Date
|
20-01-28
|
21-01-26
|
22-01-27
|
23-01-26
|
24-01-25
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
28,588
|
18,393
|
26,258
|
28,665
|
15,512
|
20,038
|
35,550
|
18,003
|
18,726
|
36,729
|
19,755
|
22,699
|
42,455
|
21,035
|
21,205
|
42,240
|
19,964
|
23,948
|
43,913
|
20,694
|
21,560
|
42,200
|
21,405
|
25,638
|
46,968
|
-
|
-
|
EBITDA
|
8,953
|
4,601
|
9,754
|
10,376
|
-
|
-
|
12,605
|
-
|
-
|
13,241
|
-
|
-
|
14,040
|
-
|
-
|
14,653
|
-
|
-
|
15,326
|
-
|
-
|
14,266
|
-
|
-
|
15,680
|
-
|
-
|
EBIT
|
6,209
|
1,671
|
6,634
|
7,632
|
-
|
4,742
|
9,519
|
-
|
-
|
10,235
|
-
|
-
|
10,820
|
-
|
-
|
11,574
|
-
|
-
|
11,228
|
-
|
-
|
11,110
|
-
|
-
|
12,188
|
-
|
-
|
Operating Margin
|
21.72%
|
9.08%
|
25.26%
|
26.62%
|
-
|
23.67%
|
26.78%
|
-
|
-
|
27.87%
|
-
|
-
|
25.49%
|
-
|
-
|
27.4%
|
-
|
-
|
25.57%
|
-
|
-
|
26.33%
|
-
|
-
|
25.95%
|
-
|
-
|
Earnings before Tax (EBT)
|
5,678
|
1,055
|
6,309
|
7,586
|
-
|
-
|
9,622
|
-
|
-
|
9,329
|
-
|
-
|
10,784
|
-
|
-
|
12,031
|
-
|
-
|
9,594
|
-
|
-
|
11,207
|
-
|
-
|
11,835
|
-
|
-
|
Net income
|
3,903
|
522
|
4,180
|
5,289
|
-
|
-
|
6,747
|
-
|
-
|
6,532
|
-
|
-
|
7,552
|
-
|
-
|
8,481
|
-
|
-
|
6,693
|
-
|
-
|
7,821
|
-
|
-
|
7,984
|
-
|
-
|
Net margin
|
13.65%
|
2.84%
|
15.92%
|
18.45%
|
-
|
-
|
18.98%
|
-
|
-
|
17.78%
|
-
|
-
|
17.79%
|
-
|
-
|
20.08%
|
-
|
-
|
15.24%
|
-
|
-
|
18.53%
|
-
|
-
|
17%
|
-
|
-
|
EPS
|
7.750
|
1.040
|
8.280
|
10.49
|
-
|
-
|
13.40
|
-
|
-
|
12.99
|
-
|
-
|
15.04
|
-
|
-
|
16.93
|
-
|
-
|
13.40
|
-
|
-
|
15.36
|
-
|
-
|
16.27
|
16.73
|
18.03
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
7.000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
20-01-28
|
20-07-27
|
21-01-26
|
21-07-26
|
21-10-12
|
22-01-27
|
22-01-27
|
22-04-12
|
22-07-26
|
22-07-26
|
22-10-11
|
23-01-26
|
23-01-26
|
23-04-12
|
23-07-25
|
23-07-25
|
23-10-10
|
24-01-25
|
24-01-25
|
24-04-16
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
6,206
|
4,241
|
9,607
|
27,847
|
30,671
|
23,796
|
16,246
|
5,502
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.3736
x
|
0.2954
x
|
0.418
x
|
1.021
x
|
1.023
x
|
0.8148
x
|
0.513
x
|
0.1609
x
|
Free Cash Flow
1 |
6,167
|
6,117
|
13,531
|
10,113
|
8,104
|
15,823
|
16,931
|
18,543
|
ROE (net income / shareholders' equity)
|
19.8%
|
12.2%
|
28.5%
|
27.6%
|
26.1%
|
23.6%
|
23.2%
|
22.2%
|
ROA (Net income/ Total Assets)
|
8.4%
|
4.58%
|
10.3%
|
10.8%
|
10.9%
|
11%
|
11.3%
|
11.7%
|
Assets
1 |
85,404
|
102,590
|
116,991
|
129,978
|
139,170
|
144,023
|
155,352
|
163,143
|
Book Value Per Share
2 |
75.90
|
76.90
|
93.60
|
110.0
|
122.0
|
139.0
|
158.0
|
176.0
|
Cash Flow per Share
2 |
23.10
|
21.60
|
37.00
|
35.50
|
36.80
|
46.50
|
50.20
|
52.40
|
Capex
1 |
3,294
|
2,478
|
2,664
|
4,969
|
7,478
|
5,523
|
6,000
|
6,300
|
Capex / Sales
|
6.14%
|
5.55%
|
4.15%
|
6.28%
|
8.68%
|
6.21%
|
6.24%
|
6.11%
|
Announcement Date
|
20-01-28
|
21-01-26
|
22-01-27
|
23-01-26
|
24-01-25
|
-
|
-
|
-
|
Last Close Price
713.6
EUR Average target price
871.1
EUR Spread / Average Target +22.07% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.09% | 130B | | -41.58% | 37.34B | | +2.44% | 16.53B | | +21.40% | 10.97B | | +16.57% | 7.66B | | +38.75% | 6.82B | | +18.42% | 6.39B | | -13.31% | 5.91B | | -19.14% | 5.48B |
Other Apparel & Accessories
|