Narrative Update • May 22

The Specialty Stores industry is up 3.0% in the last week, with Zalando up 7.2%. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 29% annually.
Has the German Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 01 Jun 2026 | €23.0b | €67.3b | €633.8m | 18.3x | 36.2x | 0.3x |
| Wed, 29 Apr 2026 | €21.8b | €65.7b | €878.0m | 9.4x | 24.8x | 0.3x |
| Fri, 27 Mar 2026 | €21.2b | €65.2b | €805.3m | 16.3x | 26.3x | 0.3x |
| Sun, 22 Feb 2026 | €22.6b | €64.4b | €814.3m | 17.7x | 27.8x | 0.4x |
| Tue, 20 Jan 2026 | €25.6b | €64.4b | €799.5m | 18.6x | 32x | 0.4x |
| Thu, 18 Dec 2025 | €25.0b | €64.1b | €901.8m | 19x | 27.8x | 0.4x |
| Sat, 15 Nov 2025 | €24.7b | €64.1b | €901.8m | 17.8x | 27.4x | 0.4x |
| Mon, 13 Oct 2025 | €27.8b | €64.9b | €782.1m | 21.2x | 35.6x | 0.4x |
| Wed, 10 Sep 2025 | €27.8b | €64.9b | €785.3m | 21.1x | 35.4x | 0.4x |
| Fri, 08 Aug 2025 | €27.8b | €64.3b | €605.9m | 14.3x | 45.9x | 0.4x |
| Sun, 06 Jul 2025 | €28.4b | €64.1b | €605.8m | 14.5x | 46.8x | 0.4x |
| Tue, 03 Jun 2025 | €28.2b | €64.0b | €595.2m | 14.1x | 47.4x | 0.4x |
| Thu, 01 May 2025 | €27.1b | €63.2b | €660.5m | 19.5x | 41.1x | 0.4x |
| Sat, 29 Mar 2025 | €26.6b | €62.9b | €645.2m | 14.6x | 41.2x | 0.4x |
| Mon, 24 Feb 2025 | €27.6b | €62.7b | €453.1m | 17x | 61x | 0.4x |
| Wed, 22 Jan 2025 | €25.5b | €62.0b | €414.3m | 20.3x | 61.5x | 0.4x |
| Fri, 20 Dec 2024 | €26.0b | €62.5b | €279.2m | 17x | 93x | 0.4x |
| Sun, 17 Nov 2024 | €22.4b | €62.6b | €338.2m | 10.5x | 66.2x | 0.4x |
| Tue, 15 Oct 2024 | €23.3b | €61.5b | €309.2m | 11x | 75.4x | 0.4x |
| Thu, 12 Sep 2024 | €20.0b | €61.4b | €238.6m | 15.6x | 83.9x | 0.3x |
| Sat, 10 Aug 2024 | €19.7b | €60.7b | €205.4m | 23.6x | 96.1x | 0.3x |
| Mon, 08 Jul 2024 | €20.2b | €60.6b | €149.0m | 24.5x | 135.4x | 0.3x |
| Wed, 05 Jun 2024 | €19.0b | €56.3b | €90.5m | 21.6x | 210.3x | 0.3x |
| Fri, 03 May 2024 | €18.1b | €56.0b | -€222,363,503.00 | 30.9x | -81.6x | 0.3x |
| Sun, 31 Mar 2024 | €17.8b | €56.1b | -€269,156,503.00 | 30.8x | -66.3x | 0.3x |
| Tue, 27 Feb 2024 | €15.7b | €56.4b | -€166,356,503.00 | 29.3x | -94.2x | 0.3x |
| Thu, 25 Jan 2024 | €16.3b | €57.1b | -€226,756,503.00 | 31.2x | -71.7x | 0.3x |
| Sat, 23 Dec 2023 | €17.6b | €57.1b | -€277,556,503.00 | 31.7x | -63.5x | 0.3x |
| Mon, 20 Nov 2023 | €18.0b | €57.2b | -€195,671,836.00 | 49.1x | -92.2x | 0.3x |
| Wed, 18 Oct 2023 | €17.5b | €57.5b | -€250,592,836.00 | 46.5x | -69.8x | 0.3x |
| Fri, 15 Sep 2023 | €19.2b | €57.5b | -€251,559,836.00 | 50.4x | -76.3x | 0.3x |
| Sun, 13 Aug 2023 | €20.8b | €58.0b | -€331,733,720.00 | 60.6x | -62.8x | 0.4x |
| Tue, 11 Jul 2023 | €19.6b | €58.2b | -€282,166,173.00 | 13.5x | -69.6x | 0.3x |
| Thu, 08 Jun 2023 | €19.7b | €60.3b | -€259,362,222.00 | 14.5x | -75.8x | 0.3x |
-75.8x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -0.78% | |
| Consumer Discretionary | 2.28% | |
| Specialty Stores | 2.98% | |
| Apparel Retail | 6.99% | |
| Home Furnishing Retail | 5.44% | |
| Automotive Retail | 3.67% | |
| Specialty Stores | 1.61% | |
| Home Improvement Retail | -0.19% | |
| Computer and Electronics Retail | -0.51% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZAL Zalando | €23.29 | 7.2% +€383.5m | -27.9% | PE48.4x | |
| AG1 AUTO1 Group | €22.80 | 3.7% +€181.1m | -3.5% | PE67.8x | |
| FIE Fielmann Group | €44.70 | 1.6% +€58.8m | -21.3% | PE18.3x | |
| DOU Douglas | €8.83 | 3.5% +€32.3m | -26.9% | PE18.4x | |
| HBH HORNBACH Holding KGaA | €80.70 | 1.5% +€19.2m | -9.0% | PE9.3x |