Valuation Pandora Liquidnet

Stocks

Delayed Liquidnet			5-day change	1st Jan Change
- ^DKK	-.--%		-.--%	-

03/09	Morgan Stanley raises Pandora price target to 800 Danish kroner (600), reiterates equal weight - BN	FW
31/08	DNB Carnegie Lifts Pandora's PT, Keeps Buy Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	78,157	43,696	76,748	1,03,820	52,799	56,922	-	-
Change	-	-44.09%	75.64%	35.27%	-49.14%	7.81%	-	-
Enterprise Value (EV) ¹	81,039	50,490	86,518	1,14,828	66,518	70,335	69,541	68,284
Change	-	-37.7%	71.36%	32.72%	-42.07%	5.74%	-1.13%	-1.81%
P/E	19.6x	9.09x	16.9x	20.4x	10.4x	12.5x	17.5x	13x
PBR	11.2x	6.09x	14.3x	18.8x	10.3x	7.42x	6.06x	5.01x
PEG	-	0.3x	6.48x	1.2x	2.04x	-2.46x	-0.6x	0.4x
Capitalization / Revenue	3.34x	1.65x	2.73x	3.28x	1.62x	1.71x	1.63x	1.55x
EV / Revenue	3.46x	1.91x	3.08x	3.62x	2.04x	2.11x	1.99x	1.87x
EV / EBITDA	10.3x	5.79x	9.49x	11.1x	6.45x	6.77x	7.95x	6.63x
EV / EBIT	13.9x	7.49x	12.4x	14.4x	8.55x	9.28x	12.1x	9.51x
EV / FCF	14.4x	15.6x	14.7x	16.3x	12.2x	24.9x	19.4x	11.7x
FCF Yield	6.96%	6.42%	6.81%	6.13%	8.19%	4.02%	5.14%	8.52%
Dividend per Share ²	16	16	16	20	22	20.56	18.15	21.43
Rate of return	1.96%	3.28%	1.71%	1.52%	3.11%	2.55%	2.25%	2.66%
EPS ²	41.7	53.7	55.1	64.6	67.9	64.46	46.02	62.2
Distribution rate	38.4%	29.8%	29%	31%	32.4%	31.9%	39.4%	34.5%
Net sales ¹	23,394	26,463	28,100	31,680	32,549	33,372	34,910	36,607
EBITDA ¹	7,838	8,716	9,118	10,327	10,316	10,395	8,752	10,303
EBIT ¹	5,839	6,743	7,000	7,974	7,783	7,578	5,724	7,183
Net income ¹	4,160	5,029	4,740	5,227	5,241	4,844	3,552	4,694
Net Debt ¹	2,882	6,794	9,770	11,008	13,719	13,413	12,619	11,363
Reference price ²	815.40	488.10	933.20	1,317.00	707.60	806.60	806.60	806.60
Nbr of stocks (in thousands)	95,851	89,522	82,242	78,830	74,617	70,570	-	-
Announcement Date	09/02/22	08/02/23	07/01/24	04/02/25	04/02/26	-	-	-

¹DKK in Million²DKK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
COMPAGNIE FINANCIERE RICHEMONT	25.91x	4.19x	14.79x	2.2%	13TCr
TITAN COMPANY LIMITED	69.65x	4.96x	46.3x	0.37%	4.68TCr
CHOW TAI FOOK JEWELLERY GROUP LIMITED	11.52x	1.31x	8.47x	6.31%	1.55TCr
PANDORA A/S	12.69x	2.13x	6.84x	2.51%	897.9Cr
LAOPU GOLD CO., LTD.	8.41x	1.85x	6.53x	9.04%	887.16Cr
LAO FENG XIANG CO., LTD.	11.68x	0.18x	2.85x	5.12%	219.39Cr
CHINA NATIONAL GOLD GROUP GOLD JEWELLERY CO.,LTD.	22.17x	-	-	-	199.75Cr
CHOW TAI SENG JEWELLERY CO., LTD.	10.25x	1.26x	6.34x	7.54%	174.34Cr
BEIJING CAISHIKOU DEPARTMENT STORE CO.,LTD.	10.95x	-	-	5.4%	173.83Cr
Average	20.36x	2.27x	13.16x	4.81%	2.46TCr
Weighted average by Cap.	32.50x	3.91x	20.27x	2.49%