Professional
Added to YB: 2024-12-06
Pitch date: 2024-12-04
SFER.MI [neutral]
Salvatore Ferragamo S.p.A.
+14.96%
current return
Author Info
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Company Info
Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America.
Market Cap
EUR 1.0B
Pitch Price
EUR 6.12
Price Target
N/A
Dividend
1.63%
EV/EBITDA
6.82
P/E
109.27
EV/Sales
1.43
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Pernas Research Passes On: Salvatore Ferragamo S.p.A.
SFER.MI pass: Luxury brand Ferragamo struggling since 2016 peak. CEO Gobbetti's turnaround slower than expected. Strong w/ older demo, weak w/ youth. Needs time & marketing to regain relevance. EV/EBITDA 7.1, mrkt cap €1.01B. Sidelines for now.
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