Added to YB: 2026-03-26
Pitch date: 2026-01-28
MONRF [bullish]
Moncler S.p.A.
+7.78%
current return
Author Info
No bio for this author
Company Info
Moncler S.p.A., together with its subsidiaries, engages in the production and distribution of garments, children's clothing, footwear, eyewear and other related accessories under the under the Moncler and Stone Island brands in Italy, rest of Europe, Asia, the Middle East, Africa, and the United States.
Market Cap
EUR 14.2B
Pitch Price
EUR 48.36
Price Target
N/A
Dividend
2.50%
EV/EBITDA
13.36
P/E
N/A
EV/Sales
4.41
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Moncler S.p.A. - $MONRF
MONRF: Highest quality luxury brand w/ expanding moats, trading at 20x PE (lowest since IPO vs 25x 10yr avg). China outdoor boom post-2022 Olympics creates new customer cohort - 1% ski penetration increase = €5.5bn incremental sales vs €1.2bn current Asia rev. Underpenetrated US (14% rev vs 24% luxury avg) now strategic focus w/ Fifth Ave flagship opening 2026. Stone Island DTC shift extends growth runway. 18% 10yr rev CAGR, 22% EPS, 78% GP margin, 30% EBIT, 20%+ ROIC. Owner-CEO Ruffini (16% stake) drives innovation via Genius platform & disciplined expansion. FY24 +7% organic vs peers down. Target €4+ EPS by 2029 supporting double-digit IRR as cyclical concerns fade.
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