Narrative Update • May 12

Over the last 7 days, the Leisure industry has dropped 1.3%, driven by tonies declining 2.3%. On the other hand Gullberg & Jansson is actually up 8.1%. This takes the industry's 12 month performance to a gain of 42%. As for the next few years, earnings are expected to grow by 47% per annum.
Has the German Leisure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | €1.3b | €674.1m | €12.2m | 89.3x | 110x | 2x |
| Mon, 20 Apr 2026 | €1.3b | €675.2m | €12.4m | 87x | 106.3x | 2x |
| Wed, 18 Mar 2026 | €1.4b | €555.4m | €26.9m | 43.8x | 52.5x | 2.5x |
| Fri, 13 Feb 2026 | €1.5b | €555.7m | €26.9m | 46.3x | 55.5x | 2.7x |
| Sun, 11 Jan 2026 | €1.4b | €553.4m | €27.6m | 45.2x | 52x | 2.6x |
| Tue, 09 Dec 2025 | €1.3b | €552.9m | €27.6m | 38.8x | 46.3x | 2.3x |
| Thu, 06 Nov 2025 | €1.2b | €551.5m | €26.5m | 34.7x | 45.2x | 2.2x |
| Sat, 04 Oct 2025 | €1.1b | €551.5m | €26.5m | 31.2x | 41.1x | 2x |
| Mon, 01 Sep 2025 | €1.1b | €552.6m | €26.9m | 80.1x | 40.4x | 2x |
| Wed, 30 Jul 2025 | €797.3m | €501.3m | €13.2m | 93.3x | 60.6x | 1.6x |
| Fri, 27 Jun 2025 | €756.2m | €501.3m | €13.2m | 83.7x | 57.4x | 1.5x |
| Sun, 25 May 2025 | €755.2m | €503.0m | €13.2m | 61x | 57x | 1.5x |
| Tue, 22 Apr 2025 | €699.7m | €501.9m | €13.7m | 33.1x | 51.2x | 1.4x |
| Thu, 20 Mar 2025 | €651.7m | €416.0m | -€28,842,379.00 | 15.6x | -22.6x | 1.6x |
| Sat, 15 Feb 2025 | €781.3m | €416.0m | -€28,842,379.00 | 17.4x | -27.1x | 1.9x |
| Mon, 13 Jan 2025 | €856.5m | €416.0m | -€28,842,379.00 | 18.2x | -29.7x | 2.1x |
| Wed, 11 Dec 2024 | €923.9m | €416.0m | -€28,842,379.00 | 18.1x | -32x | 2.2x |
| Fri, 08 Nov 2024 | €885.9m | €416.3m | -€28,809,936.00 | 17.2x | -30.8x | 2.1x |
| Sun, 06 Oct 2024 | €816.3m | €416.3m | -€28,809,936.00 | 20x | -28.3x | 2x |
| Tue, 03 Sep 2024 | €780.9m | €416.3m | -€28,805,232.00 | 21.4x | -27.1x | 1.9x |
| Thu, 01 Aug 2024 | €748.7m | €384.7m | -€11,218,339.00 | 23x | -66.7x | 1.9x |
| Sat, 29 Jun 2024 | €836.5m | €384.7m | -€11,218,339.00 | 25.7x | -74.6x | 2.2x |
| Mon, 27 May 2024 | €980.4m | €450.8m | -€10,044,753.00 | 100.2x | -97.6x | 2.2x |
| Wed, 24 Apr 2024 | €849.9m | €426.0m | -€10,677,000.00 | 174.2x | -79.6x | 2x |
| Fri, 22 Mar 2024 | €789.0m | €375.2m | -€28,187,399.00 | 175.3x | -28x | 2.1x |
| Sun, 18 Feb 2024 | €790.4m | €375.2m | -€28,187,399.00 | 173x | -28x | 2.1x |
| Tue, 16 Jan 2024 | €889.0m | €375.2m | -€28,187,399.00 | 185.6x | -31.5x | 2.4x |
| Thu, 14 Dec 2023 | €851.2m | €375.2m | -€28,187,399.00 | 179.9x | -30.2x | 2.3x |
| Sat, 11 Nov 2023 | €815.8m | €375.2m | -€28,187,399.00 | 181x | -28.9x | 2.2x |
| Mon, 09 Oct 2023 | €806.0m | €375.2m | -€28,187,399.00 | 181x | -28.6x | 2.1x |
| Wed, 06 Sep 2023 | €821.8m | €375.2m | -€28,187,399.00 | 165.1x | -29.2x | 2.2x |
| Fri, 04 Aug 2023 | €801.6m | €346.4m | -€30,773,399.00 | 170.8x | -26x | 2.3x |
| Sun, 02 Jul 2023 | €848.3m | €346.4m | -€30,773,399.00 | 182.1x | -27.6x | 2.4x |
| Tue, 30 May 2023 | €924.9m | €346.4m | -€30,773,399.00 | 170.8x | -30.1x | 2.7x |
-30.1x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | 3.17% | |
| Consumer Discretionary | 1.53% | |
| Leisure | -1.35% | |
| Leisure Products | -1.35% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9D7 Gullberg & Jansson | €1.20 | 8.1% +€786.1k | -0.8% | PS0.4x | |
| ULC UNITEDLABELS | €1.02 | 3.0% +€207.9k | -32.5% | PS0.4x | |
| H9Y HanseYachts | €0.73 | 1.4% +€190.6k | -41.6% | n/a |