Added to YB: 2025-02-03
Pitch date: 2025-01-31
PUM.DE [neutral]
PUMA SE
-24.99%
current return
Author Info
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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 28.92
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
Cognac, Cars and Animal Food - PUMA SE
PUM.DE (overview): Q4 sales +10% but EBIT missed at €109m vs €130m expected. Weak LatAm/China, high promos hurt profits. Wholesale +7%, DTC +16%. 'Nextlevel' program aims 8.5% EBIT margin by 2027. Focus on brand equity, full-price sales. Trading 12.5x 2025 P/E vs 19x 3yr avg. Upside if 2025 plan convinces.
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