Added to YB: 2026-04-22
Pitch date: 2026-04-20
BIRK [bullish]
Birkenstock Holding plc
-0.22%
current return
Author Info
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Company Info
Birkenstock Holding plc engages in the manufacture and sale of footwear products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$6.2B
Pitch Price
$41.82
Price Target
59.00 (+41%)
Dividend
N/A
EV/EBITDA
10.87
P/E
16.45
EV/Sales
3.41
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Deep Dive: Birkenstock ($BIRK)
BIRK: 250yr heritage brand w/ cult following & functional moat via proprietary cork-latex footbed that molds to foot, driving 35% repeat rate. FY25 rev €2.1B (+18% CC), 59% GM, 31.8% EBITDA margin despite supply constraints. Guides 13-15% CC growth FY26-28 to €3B rev, 15-17% EPS CAGR. Trading 11x EV/EBITDA vs 19x peak. PT $59 (+50% upside). Risks: tariffs (-1%+ margin), FX headwinds, fashion cyclicality.
Read full article (8 min)