Professional
Added to YB: 2024-12-06
Pitch date: 2024-12-04
SFER.MI [neutral]
Salvatore Ferragamo S.p.A.
+30.74%
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 Europe, North America, Japan, the Asia Pacific, and Central and South America.
Market Cap
EUR 929.4M
Pitch Price
EUR 6.12
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.04
P/E
-13.65
EV/Sales
1.39
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.
Read full article (1 min)