Narrative Update • Jun 04

Over the last 7 days, the Specialty Stores industry has dropped 1.1%, driven by declines in Fielmann Group and AUTO1 Group of 6.4% and 4.1%, respectively. In contrast, Zalando has gained 5.8%. However, the industry is down 14% over the past year. As for the next few years, earnings are expected to grow by 30% per annum.
Has the German Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | €22.5b | €67.3b | €633.8m | 17.1x | 35.5x | 0.3x |
| Mon, 04 May 2026 | €21.5b | €65.7b | €899.2m | 9.4x | 23.9x | 0.3x |
| Wed, 01 Apr 2026 | €20.9b | €65.6b | €880.8m | 9.2x | 23.7x | 0.3x |
| Fri, 27 Feb 2026 | €22.2b | €64.4b | €814.3m | 17.4x | 27.3x | 0.3x |
| Sun, 25 Jan 2026 | €25.3b | €64.4b | €799.5m | 17.1x | 31.6x | 0.4x |
| Tue, 23 Dec 2025 | €25.4b | €64.4b | €857.2m | 19.2x | 29.7x | 0.4x |
| Thu, 20 Nov 2025 | €24.1b | €64.1b | €901.8m | 17.9x | 26.8x | 0.4x |
| Sat, 18 Oct 2025 | €27.7b | €65.0b | €785.2m | 21.3x | 35.3x | 0.4x |
| Mon, 15 Sep 2025 | €27.8b | €64.9b | €785.3m | 21x | 35.4x | 0.4x |
| Wed, 13 Aug 2025 | €27.7b | €64.3b | €610.5m | 17.9x | 45.3x | 0.4x |
| Fri, 11 Jul 2025 | €28.8b | €64.1b | €605.8m | 14.7x | 47.5x | 0.4x |
| Sun, 08 Jun 2025 | €28.1b | €64.0b | €595.2m | 14.1x | 47.3x | 0.4x |
| Tue, 06 May 2025 | €28.0b | €63.3b | €671.7m | 19.5x | 41.6x | 0.4x |
| Thu, 03 Apr 2025 | €26.7b | €63.3b | €682.0m | 19.8x | 39.1x | 0.4x |
| Sat, 01 Mar 2025 | €28.2b | €62.7b | €453.1m | 17x | 62.2x | 0.4x |
| Mon, 27 Jan 2025 | €26.7b | €62.0b | €414.3m | 21.2x | 64.4x | 0.4x |
| Wed, 25 Dec 2024 | €25.5b | €62.6b | €368.0m | 20.5x | 69.2x | 0.4x |
| Fri, 22 Nov 2024 | €22.4b | €62.6b | €338.2m | 10.7x | 66.1x | 0.4x |
| Sun, 20 Oct 2024 | €23.3b | €61.5b | €309.2m | 11.2x | 75.4x | 0.4x |
| Tue, 17 Sep 2024 | €21.0b | €61.6b | €273.2m | 15.7x | 76.9x | 0.3x |
| Thu, 15 Aug 2024 | €19.8b | €60.7b | €202.7m | 23.7x | 97.5x | 0.3x |
| Sat, 13 Jul 2024 | €20.4b | €60.6b | €163.3m | 24.5x | 125.1x | 0.3x |
| Mon, 10 Jun 2024 | €21.0b | €60.6b | €120.1m | 25x | 174.6x | 0.3x |
| Wed, 08 May 2024 | €19.0b | €56.1b | -€194,040,503.00 | 31.5x | -98.1x | 0.3x |
| Fri, 05 Apr 2024 | €17.7b | €56.0b | -€233,360,503.00 | 30.8x | -75.7x | 0.3x |
| Sun, 03 Mar 2024 | €15.8b | €56.4b | -€166,356,503.00 | 29.5x | -94.8x | 0.3x |
| Tue, 30 Jan 2024 | €16.7b | €57.1b | -€226,756,503.00 | 31.7x | -73.4x | 0.3x |
| Thu, 28 Dec 2023 | €17.7b | €57.1b | -€278,356,503.00 | 32.1x | -63.7x | 0.3x |
| Sat, 25 Nov 2023 | €18.0b | €57.1b | -€168,471,836.00 | 42.5x | -107x | 0.3x |
| Mon, 23 Oct 2023 | €17.1b | €57.5b | -€250,592,836.00 | 46.5x | -68.1x | 0.3x |
| Wed, 20 Sep 2023 | €18.4b | €57.5b | -€251,559,836.00 | 48.4x | -73x | 0.3x |
| Fri, 18 Aug 2023 | €20.4b | €58.0b | -€334,605,168.00 | 60.4x | -61x | 0.4x |
| Sun, 16 Jul 2023 | €21.5b | €58.2b | -€257,666,173.00 | 13.9x | -83.4x | 0.4x |
| Tue, 13 Jun 2023 | €20.0b | €60.3b | -€259,362,222.00 | 14.6x | -77x | 0.3x |
-77x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -1.53% | |
| Consumer Discretionary | -3.79% | |
| Specialty Stores | -1.12% | |
| Apparel Retail | 5.53% | |
| Home Improvement Retail | -1.04% | |
| Computer and Electronics Retail | -1.92% | |
| Automotive Retail | -4.12% | |
| Specialty Stores | -4.39% | |
| Home Furnishing Retail | -4.84% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZAL Zalando | €24.64 | 5.8% +€325.4m | -18.5% | PE50.5x | |
| HBM HORNBACH Baumarkt | €65.00 | 1.6% +€31.8m | 0.8% | PE19x | |
| DOU Douglas | €8.98 | 1.7% +€16.2m | -22.9% | PE18.7x | |
| WFA Weng Fine Art | €3.90 | 2.1% +€430.8k | -24.3% | PE3.7x | |
| PH6 Philion | €0.035 | 13.1% +€8.0k | -49.3% | n/a |