Valuation Pandora Liquidnet

Stocks

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

08-20	RBC Tweaks Price Target, Estimates for Pandora After Q2 Results	MT
08-20	Citigroup raises Pandora price target to 860 Danish kroner (570), reiterates Neutral - BN	FW

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	103,820	52,799	54,297	-	-
Change	-	-44.09%	75.64%	35.27%	-49.14%	2.84%	-	-
Enterprise Value (EV) ¹	81,039	50,490	86,518	114,828	66,518	67,759	66,863	65,575
Change	-	-37.7%	71.36%	32.72%	-42.07%	1.87%	-1.32%	-1.93%
P/E	19.6x	9.09x	16.9x	20.4x	10.4x	12.2x	17.1x	12.6x
PBR	11.2x	6.09x	14.3x	18.8x	10.3x	7.2x	5.86x	4.86x
PEG	-	0.3x	6.48x	1.2x	2.04x	-1.73x	-0.6x	0.4x
Capitalization / Revenue	3.34x	1.65x	2.73x	3.28x	1.62x	1.63x	1.56x	1.49x
EV / Revenue	3.46x	1.91x	3.08x	3.62x	2.04x	2.04x	1.92x	1.8x
EV / EBITDA	10.3x	5.79x	9.49x	11.1x	6.45x	6.63x	7.77x	6.48x
EV / EBIT	13.9x	7.49x	12.4x	14.4x	8.55x	9.15x	11.9x	9.31x
EV / FCF	14.4x	15.6x	14.7x	16.3x	12.2x	22.9x	19.3x	11.4x
FCF Yield	6.96%	6.42%	6.81%	6.13%	8.19%	4.37%	5.17%	8.75%
Dividend per Share ²	16	16	16	20	22	20.47	18.01	21.44
Rate of return	1.96%	3.28%	1.71%	1.52%	3.11%	2.66%	2.34%	2.79%
EPS ²	41.7	53.7	55.1	64.6	67.9	63.12	44.93	61.03
Distribution rate	38.4%	29.8%	29%	31%	32.4%	32.4%	40.1%	35.1%
Net sales ¹	23,394	26,463	28,100	31,680	32,549	33,245	34,740	36,453
EBITDA ¹	7,838	8,716	9,118	10,327	10,316	10,222	8,602	10,125
EBIT ¹	5,839	6,743	7,000	7,974	7,783	7,405	5,607	7,044
Net income ¹	4,160	5,029	4,740	5,227	5,241	4,771	3,494	4,636
Net Debt ¹	2,882	6,794	9,770	11,008	13,719	13,463	12,566	11,279
Reference price ²	815.40	488.10	933.20	1,317.00	707.60	769.40	769.40	769.40
Nbr of stocks (in thousands)	95,851	89,522	82,242	78,830	74,617	70,570	-	-
Announcement Date	2/9/22 A	2/8/23 A	1/7/24 A	2/4/25 A	2/4/26 A	-	-	-

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	26.29x	4.29x	15.07x	2.16%	136B
TITAN COMPANY LIMITED	70.54x	5.02x	46.89x	0.37%	47.04B
CHOW TAI FOOK JEWELLERY GROUP LIMITED	11.89x	1.35x	8.71x	6.12%	15.94B
PANDORA A/S	12.67x	2.1x	6.84x	2.56%	8.81B
LAOPU GOLD CO., LTD.	7.13x	1.42x	5.01x	9.93%	7.72B
LAO FENG XIANG CO., LTD.	11.68x	0.19x	3.06x	5.11%	2.23B
CHOW TAI SENG JEWELLERY CO., LTD.	10.8x	1.28x	6.67x	8.04%	2B
CHINA NATIONAL GOLD GROUP GOLD JEWELLERY CO.,LTD.	21.22x	-	-	-	1.91B
BEIJING CAISHIKOU DEPARTMENT STORE CO.,LTD.	8.9x	-	-	5.98%	1.82B
Average	20.13x	2.24x	13.18x	5.03%	24.85B
Weighted average by Cap.	32.91x	3.97x	20.53x	2.47%