Narrative Update • Jun 06

Over the last 7 days, the Specialty Stores industry has dropped 1.1%, driven by a pullback from Fielmann Group of 6.4%. In contrast, Zalando has gained 7.5%. Overall the industry is down 14% in 12 months. Earnings are forecast to grow by 30% annually.
Has the German Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 08 Jun 2026 | €22.6b | €67.3b | €633.8m | 17.1x | 35.7x | 0.3x |
| Wed, 06 May 2026 | €21.2b | €65.8b | €900.3m | 9.5x | 23.5x | 0.3x |
| Fri, 03 Apr 2026 | €21.1b | €65.6b | €880.8m | 9.1x | 24x | 0.3x |
| Sun, 01 Mar 2026 | €22.1b | €64.4b | €814.3m | 17.5x | 27.1x | 0.3x |
| Tue, 27 Jan 2026 | €25.3b | €64.4b | €799.5m | 16.7x | 31.6x | 0.4x |
| Thu, 25 Dec 2025 | €25.3b | €64.4b | €799.5m | 19x | 31.7x | 0.4x |
| Sat, 22 Nov 2025 | €23.7b | €64.1b | €901.8m | 17.6x | 26.3x | 0.4x |
| Mon, 20 Oct 2025 | €27.7b | €65.0b | €785.2m | 21.3x | 35.3x | 0.4x |
| Wed, 17 Sep 2025 | €28.1b | €64.9b | €785.3m | 21.2x | 35.8x | 0.4x |
| Fri, 15 Aug 2025 | €27.9b | €64.2b | €750.0m | 20.2x | 37.2x | 0.4x |
| Sun, 13 Jul 2025 | €28.6b | €64.1b | €605.8m | 14.7x | 47.2x | 0.4x |
| Tue, 10 Jun 2025 | €28.0b | €64.0b | €595.2m | 14x | 47.1x | 0.4x |
| Thu, 08 May 2025 | €26.8b | €64.0b | €725.5m | 19.6x | 37x | 0.4x |
| Sat, 05 Apr 2025 | €24.6b | €63.3b | €682.0m | 18.7x | 36.1x | 0.4x |
| Mon, 03 Mar 2025 | €27.9b | €62.7b | €453.1m | 17x | 61.6x | 0.4x |
| Wed, 29 Jan 2025 | €27.2b | €62.0b | €414.3m | 22.1x | 65.7x | 0.4x |
| Fri, 27 Dec 2024 | €25.5b | €62.6b | €368.0m | 20.5x | 69.2x | 0.4x |
| Sun, 24 Nov 2024 | €23.1b | €62.6b | €338.2m | 10.8x | 68.2x | 0.4x |
| Tue, 22 Oct 2024 | €23.1b | €61.5b | €309.2m | 11x | 74.8x | 0.4x |
| Thu, 19 Sep 2024 | €21.7b | €61.6b | €273.2m | 16x | 79.3x | 0.4x |
| Sat, 17 Aug 2024 | €20.4b | €61.1b | €249.6m | 23.9x | 81.5x | 0.3x |
| Mon, 15 Jul 2024 | €20.4b | €60.6b | €163.3m | 24.5x | 125.1x | 0.3x |
| Wed, 12 Jun 2024 | €20.8b | €60.6b | €120.1m | 24.7x | 172.9x | 0.3x |
| Fri, 10 May 2024 | €18.8b | €56.0b | -€125,370,503.00 | 31.2x | -150.1x | 0.3x |
| Sun, 07 Apr 2024 | €17.4b | €56.0b | -€233,360,503.00 | 30.9x | -74.4x | 0.3x |
| Tue, 05 Mar 2024 | €15.6b | €56.4b | -€166,356,503.00 | 29.6x | -93.7x | 0.3x |
| Thu, 01 Feb 2024 | €16.3b | €57.1b | -€226,756,503.00 | 31.9x | -71.9x | 0.3x |
| Sat, 30 Dec 2023 | €17.9b | €57.1b | -€278,356,503.00 | 32.1x | -64.2x | 0.3x |
| Mon, 27 Nov 2023 | €18.1b | €57.1b | -€168,471,836.00 | 42.5x | -107.2x | 0.3x |
| Wed, 25 Oct 2023 | €17.1b | €57.5b | -€250,592,836.00 | 46.7x | -68.4x | 0.3x |
| Fri, 22 Sep 2023 | €18.4b | €57.5b | -€251,559,836.00 | 47.4x | -73x | 0.3x |
| Sun, 20 Aug 2023 | €20.0b | €57.9b | -€291,905,168.00 | 58.6x | -68.7x | 0.3x |
| Tue, 18 Jul 2023 | €21.3b | €58.2b | -€257,666,173.00 | 13.9x | -82.8x | 0.4x |
| Thu, 15 Jun 2023 | €20.5b | €60.3b | -€259,362,222.00 | 14.4x | -78.9x | 0.3x |
-78.9x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -1.25% | |
| Consumer Discretionary | -2.87% | |
| Specialty Stores | -0.089% | |
| Apparel Retail | 7.14% | |
| Home Furnishing Retail | 2.08% | |
| Home Improvement Retail | 0.091% | |
| Automotive Retail | -2.50% | |
| Specialty Stores | -3.49% | |
| Computer and Electronics Retail | -4.37% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZAL Zalando | €24.64 | 7.5% +€412.2m | -18.3% | PE50.5x | |
| HBM HORNBACH Baumarkt | €65.00 | 1.6% +€31.8m | 1.6% | PE19x | |
| DOU Douglas | €8.98 | 2.3% +€21.5m | -22.3% | PE18.7x | |
| WEW Westwing Group | €14.75 | 2.1% +€5.6m | 84.8% | PE10.2x | |
| BIKE Bike24 Holding | €2.96 | 2.1% +€2.6m | 18.4% | PE92.7x |