Narrative Update • Aug 14

Over the last 7 days, the Specialty Stores industry has dropped 2.5%, driven by Zalando declining 4.1%. However, the industry is down 15% over the past year. As for the next few years, earnings are expected to grow by 32% per annum.
Has the German Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Aug 2026 | €22.1b | €68.5b | €656.0m | 16.7x | 33.6x | 0.3x |
| Wed, 15 Jul 2026 | €23.8b | €67.4b | €627.8m | 16.2x | 37.9x | 0.4x |
| Fri, 12 Jun 2026 | €23.0b | €67.3b | €633.8m | 18x | 36.4x | 0.3x |
| Sun, 10 May 2026 | €21.0b | €66.3b | €802.7m | 10x | 26.2x | 0.3x |
| Tue, 07 Apr 2026 | €21.0b | €65.6b | €880.8m | 9.1x | 23.9x | 0.3x |
| Thu, 05 Mar 2026 | €21.3b | €64.4b | €814.3m | 17.1x | 26.1x | 0.3x |
| Sat, 31 Jan 2026 | €24.9b | €64.4b | €799.5m | 17.2x | 31.2x | 0.4x |
| Mon, 29 Dec 2025 | €25.3b | €64.4b | €799.5m | 19x | 31.7x | 0.4x |
| Wed, 26 Nov 2025 | €23.9b | €64.1b | €901.8m | 17.9x | 26.5x | 0.4x |
| Fri, 24 Oct 2025 | €28.3b | €65.0b | €785.2m | 21.1x | 36.1x | 0.4x |
| Sun, 21 Sep 2025 | €28.3b | €64.8b | €793.3m | 21.5x | 35.6x | 0.4x |
| Tue, 19 Aug 2025 | €27.9b | €64.3b | €748.2m | 20x | 37.3x | 0.4x |
| Thu, 17 Jul 2025 | €28.1b | €64.1b | €605.8m | 14.4x | 46.4x | 0.4x |
| Sat, 14 Jun 2025 | €27.0b | €64.0b | €595.2m | 14x | 45.3x | 0.4x |
| Mon, 12 May 2025 | €27.8b | €64.1b | €710.1m | 19.9x | 39.2x | 0.4x |
| Wed, 09 Apr 2025 | €24.6b | €63.3b | €682.0m | 19.1x | 36x | 0.4x |
| Fri, 07 Mar 2025 | €28.2b | €62.7b | €453.1m | 18.1x | 62.2x | 0.4x |
| Sun, 02 Feb 2025 | €27.9b | €62.0b | €414.3m | 22.6x | 67.3x | 0.4x |
| Tue, 31 Dec 2024 | €25.5b | €62.0b | €408.9m | 20.7x | 62.2x | 0.4x |
| Thu, 28 Nov 2024 | €23.0b | €62.6b | €338.2m | 10.9x | 68x | 0.4x |
| Sat, 26 Oct 2024 | €23.2b | €61.5b | €309.2m | 10.7x | 74.9x | 0.4x |
| Mon, 23 Sep 2024 | €21.9b | €61.6b | €273.5m | 16.1x | 80.1x | 0.4x |
| Wed, 21 Aug 2024 | €20.7b | €61.1b | €203.0m | 21.6x | 102x | 0.3x |
| Fri, 19 Jul 2024 | €20.3b | €60.6b | €163.3m | 24.5x | 124.6x | 0.3x |
| Sun, 16 Jun 2024 | €20.0b | €60.6b | €120.1m | 24.6x | 166.9x | 0.3x |
| Tue, 14 May 2024 | €19.1b | €56.0b | -€125,370,503.00 | 31.2x | -152.1x | 0.3x |
| Thu, 11 Apr 2024 | €17.9b | €56.0b | -€233,360,503.00 | 30.9x | -76.7x | 0.3x |
| Sat, 09 Mar 2024 | €15.5b | €56.3b | -€178,756,503.00 | 30.1x | -86.6x | 0.3x |
| Mon, 05 Feb 2024 | €16.1b | €57.1b | -€226,756,503.00 | 30x | -70.8x | 0.3x |
| Wed, 03 Jan 2024 | €17.7b | €57.1b | -€278,356,503.00 | 31.4x | -63.6x | 0.3x |
| Fri, 01 Dec 2023 | €17.7b | €57.1b | -€168,471,836.00 | 41.8x | -104.8x | 0.3x |
| Sun, 29 Oct 2023 | €16.5b | €57.5b | -€250,592,836.00 | 43.8x | -65.9x | 0.3x |
| Tue, 26 Sep 2023 | €17.8b | €57.5b | -€251,559,836.00 | 46.2x | -70.6x | 0.3x |
| Thu, 24 Aug 2023 | €20.2b | €57.9b | -€291,570,836.00 | 57.5x | -69.4x | 0.3x |
-69.4x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | 0.22% | |
| Consumer Discretionary | -1.53% | |
| Specialty Stores | -2.48% | |
| Computer and Electronics Retail | 0.87% | |
| Home Improvement Retail | -1.71% | |
| Specialty Stores | -2.29% | |
| Automotive Retail | -2.55% | |
| Apparel Retail | -3.85% | |
| Home Furnishing Retail | -8.90% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CEC Ceconomy | €4.04 | 0.9% +€17.0m | -9.0% | PS0.08x | |
| GFG Global Fashion Group | €0.47 | 11.0% +€10.2m | 23.9% | PS0.2x | |
| BIKE Bike24 Holding | €2.59 | 1.6% +€1.8m | -16.5% | PE63.5x | |
| DEX Delticom | €2.16 | 0.9% +€292.6k | -9.6% | PE5.6x | |
| PH6 Philion | €0.009 | 28.6% +€4.0k | -77.8% | n/a |