Narrative Update • Jun 06

Last week, the Specialty Stores industry hasn't moved much but Zalando is up 4.7% in that time. As for the longer term, the industry has declined 13% in the last 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 |
|---|---|---|---|---|---|---|
| Tue, 09 Jun 2026 | €22.2b | €67.3b | €633.8m | 16.9x | 35.1x | 0.3x |
| Thu, 07 May 2026 | €21.4b | €66.3b | €804.8m | 9.7x | 26.6x | 0.3x |
| Sat, 04 Apr 2026 | €21.1b | €65.6b | €880.8m | 9.1x | 23.9x | 0.3x |
| Mon, 02 Mar 2026 | €22.1b | €64.4b | €814.3m | 17.5x | 27.1x | 0.3x |
| Wed, 28 Jan 2026 | €25.6b | €64.4b | €799.5m | 17.3x | 32x | 0.4x |
| Fri, 26 Dec 2025 | €25.3b | €64.4b | €799.5m | 19x | 31.7x | 0.4x |
| Sun, 23 Nov 2025 | €23.7b | €64.1b | €901.8m | 17.6x | 26.3x | 0.4x |
| Tue, 21 Oct 2025 | €28.1b | €65.0b | €785.2m | 21.4x | 35.8x | 0.4x |
| Thu, 18 Sep 2025 | €28.3b | €64.9b | €793.3m | 21.3x | 35.6x | 0.4x |
| Sat, 16 Aug 2025 | €27.8b | €64.2b | €750.0m | 19.8x | 37x | 0.4x |
| Mon, 14 Jul 2025 | €28.6b | €64.1b | €605.8m | 14.7x | 47.2x | 0.4x |
| Wed, 11 Jun 2025 | €27.7b | €64.0b | €595.2m | 14.1x | 46.6x | 0.4x |
| Fri, 09 May 2025 | €27.5b | €64.0b | €725.5m | 19.6x | 37.9x | 0.4x |
| Sun, 06 Apr 2025 | €24.6b | €63.3b | €682.0m | 18.7x | 36x | 0.4x |
| Tue, 04 Mar 2025 | €28.0b | €62.7b | €453.1m | 17.3x | 61.7x | 0.4x |
| Thu, 30 Jan 2025 | €27.2b | €62.0b | €414.3m | 22.1x | 65.7x | 0.4x |
| Sat, 28 Dec 2024 | €25.7b | €62.6b | €368.0m | 20.7x | 69.7x | 0.4x |
| Mon, 25 Nov 2024 | €23.1b | €62.6b | €338.2m | 10.8x | 68.2x | 0.4x |
| Wed, 23 Oct 2024 | €23.3b | €61.5b | €309.2m | 11.1x | 75.2x | 0.4x |
| Fri, 20 Sep 2024 | €21.9b | €61.6b | €273.2m | 16.1x | 80.1x | 0.4x |
| Sun, 18 Aug 2024 | €20.4b | €61.1b | €203.0m | 21.6x | 100.7x | 0.3x |
| Tue, 16 Jul 2024 | €20.4b | €60.6b | €163.3m | 24.7x | 125.1x | 0.3x |
| Thu, 13 Jun 2024 | €20.6b | €60.6b | €120.1m | 24.7x | 171.9x | 0.3x |
| Sat, 11 May 2024 | €19.0b | €56.0b | -€125,370,503.00 | 31.5x | -151.5x | 0.3x |
| Mon, 08 Apr 2024 | €17.4b | €56.0b | -€233,360,503.00 | 30.9x | -74.4x | 0.3x |
| Wed, 06 Mar 2024 | €15.5b | €56.4b | -€166,356,503.00 | 30x | -93.1x | 0.3x |
| Fri, 02 Feb 2024 | €16.0b | €57.1b | -€226,756,503.00 | 30.3x | -70.6x | 0.3x |
| Sun, 31 Dec 2023 | €17.9b | €57.1b | -€278,356,503.00 | 32.1x | -64.3x | 0.3x |
| Tue, 28 Nov 2023 | €18.0b | €57.1b | -€168,471,836.00 | 42.3x | -107x | 0.3x |
| Thu, 26 Oct 2023 | €16.8b | €57.5b | -€250,592,836.00 | 44.5x | -67x | 0.3x |
| Sat, 23 Sep 2023 | €18.2b | €57.5b | -€251,559,836.00 | 47.1x | -72.5x | 0.3x |
| Mon, 21 Aug 2023 | €20.0b | €57.9b | -€291,905,168.00 | 58.6x | -68.7x | 0.3x |
| Wed, 19 Jul 2023 | €21.6b | €58.2b | -€257,666,173.00 | 14x | -84x | 0.4x |
| Fri, 16 Jun 2023 | €20.3b | €60.3b | -€259,362,222.00 | 14.4x | -78.4x | 0.3x |
-78.4x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -1.76% | |
| Consumer Discretionary | -2.59% | |
| Specialty Stores | -1.98% | |
| Apparel Retail | 4.36% | |
| Home Furnishing Retail | 3.81% | |
| Home Improvement Retail | -0.53% | |
| Automotive Retail | -4.16% | |
| Specialty Stores | -5.20% | |
| Computer and Electronics Retail | -7.50% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZAL Zalando | €24.01 | 4.7% +€260.3m | -20.4% | PE49.2x | |
| HBM HORNBACH Baumarkt | €64.50 | 0.8% +€15.9m | 0.8% | PE18.9x | |
| WEW Westwing Group | €15.00 | 3.8% +€10.2m | 88.0% | PE10.4x | |
| MRX Mister Spex | €1.26 | 1.6% +€686.2k | -18.8% | PS0.2x | |
| U1DA MOLOGEN Lifescience | €2.80 | 12.0% +€414.0k | 100.0% | n/a |