Professional
Added to YB: 2025-08-14
Pitch date: 2025-07-28
PUM.DE [neutral]
PUMA SE
+6.93%
current return
Author Info
No bio for this author
Company Info
PUMA SE, together with its subsidiaries, engages in the development and sale of sports and sports lifestyle products in Germany, rest of Europe, the United States, North America, and internationally.
Market Cap
EUR 2.9B
Pitch Price
EUR 20.34
Price Target
N/A
Dividend
3.02%
EV/EBITDA
9.21
P/E
-10.48
EV/Sales
0.65
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Harry Qelm Baabsman Portfolio Holding: PUMA SE
PUM.DE (holding update): Quality footwear brand with €8.5B sales but stalled growth (7-11%) unlike Adidas. New CEO (ex-Adidas exec) expected to lead turnaround from 2025 business stagnation. Strong sustainability focus. Position unhealthy, patience required. 2.5% portfolio allocation, avg entry €48.2 in 2023.
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