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PUM

PUMA XTRA:PUM Stock Report

Last Price

€61.18

Market Cap

€9.0b

7D

-2.8%

1Y

-34.6%

Updated

25 May, 2022

Data

Company Financials +
PUM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends3/6

PUM Stock Overview

PUMA SE, together with its subsidiaries, designs, develops, sells, and markets footwear, apparel, and accessories for men, women, and kids in Europe, the Middle East, Africa, the Americas, Greater China, and the Asia Pacific.

PUMA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PUMA
Historical stock prices
Current Share Price€61.18
52 Week High€115.40
52 Week Low€60.30
Beta0.68
1 Month Change-14.27%
3 Month Change-26.31%
1 Year Change-34.64%
3 Year Change15.33%
5 Year Change74.13%
Change since IPO6,145.72%

Recent News & Updates

May 04
PUMA (ETR:PUM) Could Easily Take On More Debt

PUMA (ETR:PUM) Could Easily Take On More Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

PUMDE LuxuryDE Market
7D-2.8%-7.1%-1.8%
1Y-34.6%-39.1%-13.6%

Return vs Industry: PUM exceeded the German Luxury industry which returned -39.1% over the past year.

Return vs Market: PUM underperformed the German Market which returned -13.6% over the past year.

Price Volatility

Is PUM's price volatile compared to industry and market?
PUM volatility
PUM Average Weekly Movement7.6%
Luxury Industry Average Movement7.1%
Market Average Movement6.3%
10% most volatile stocks in DE Market10.8%
10% least volatile stocks in DE Market3.4%

Stable Share Price: PUM is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PUM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192416,000Bjorn Guldenhttps://www.puma.com

PUMA SE, together with its subsidiaries, designs, develops, sells, and markets footwear, apparel, and accessories for men, women, and kids in Europe, the Middle East, Africa, the Americas, Greater China, and the Asia Pacific. The company offers performance and sport-inspired lifestyle products in categories, such as football, cricket, handball, rugby, volleyball, running, training and fitness, golf, and motorsports. It also issues licenses to independent partners to design, develop, manufacture, and sell watches, glasses, safety shoes, and gaming accessories, such as the Playseat.

PUMA Fundamentals Summary

How do PUMA's earnings and revenue compare to its market cap?
PUM fundamental statistics
Market Cap€9.05b
Earnings (TTM)€321.80m
Revenue (TTM)€7.17b

28.4x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PUM income statement (TTM)
Revenue€7.17b
Cost of Revenue€3.76b
Gross Profit€3.41b
Other Expenses€3.09b
Earnings€321.80m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 27, 2022

Earnings per share (EPS)2.15
Gross Margin47.55%
Net Profit Margin4.49%
Debt/Equity Ratio14.2%

How did PUM perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

33%

Payout Ratio

Valuation

Is PUMA undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


49.9%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PUM (€61.18) is trading below our estimate of fair value (€122.18)

Significantly Below Fair Value: PUM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PUM is poor value based on its Price-To-Earnings Ratio (28.4x) compared to the German Luxury industry average (16.4x).

PE vs Market: PUM is poor value based on its Price-To-Earnings Ratio (28.4x) compared to the German market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: PUM is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: PUM is overvalued based on its Price-To-Book Ratio (3.8x) compared to the DE Luxury industry average (1.5x).


Future Growth

How is PUMA forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PUM's forecast earnings growth (19% per year) is above the savings rate (-0.05%).

Earnings vs Market: PUM's earnings (19% per year) are forecast to grow faster than the German market (7.5% per year).

High Growth Earnings: PUM's earnings are forecast to grow, but not significantly.

Revenue vs Market: PUM's revenue (9.4% per year) is forecast to grow faster than the German market (4.6% per year).

High Growth Revenue: PUM's revenue (9.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PUM's Return on Equity is forecast to be low in 3 years time (19.7%).


Past Performance

How has PUMA performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PUM has high quality earnings.

Growing Profit Margin: PUM's current net profit margins (4.5%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: PUM's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: PUM's earnings growth over the past year (111.9%) exceeds its 5-year average (15.7% per year).

Earnings vs Industry: PUM earnings growth over the past year (111.9%) exceeded the Luxury industry 34.6%.


Return on Equity

High ROE: PUM's Return on Equity (16.4%) is considered low.


Financial Health

How is PUMA's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PUM's short term assets (€3.7B) exceed its short term liabilities (€2.2B).

Long Term Liabilities: PUM's short term assets (€3.7B) exceed its long term liabilities (€1.3B).


Debt to Equity History and Analysis

Debt Level: PUM has more cash than its total debt.

Reducing Debt: PUM's debt to equity ratio has increased from 2.5% to 14.2% over the past 5 years.

Debt Coverage: PUM's debt is well covered by operating cash flow (133.3%).

Interest Coverage: PUM's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet


Dividend

What is PUMA current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.18%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PUM's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.4%).

High Dividend: PUM's dividend (1.18%) is low compared to the top 25% of dividend payers in the German market (4.31%).


Stability and Growth of Payments

Stable Dividend: PUM's dividend payments have been volatile in the past 10 years.

Growing Dividend: PUM's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (33.5%), PUM's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (41.8%), PUM's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Bjorn Gulden (56 yo)

8.83yrs

Tenure

Mr. Bjorn Gulden serves as Independent Director at Essity AB (publ) since 2022. He has been the Chief Executive Officer of PUMA SE since July 1, 2013 and serves as its Member of Management Board. Mr. Gulde...


Leadership Team

Experienced Management: PUM's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: PUM's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PUMA SE's employee growth, exchange listings and data sources


Key Information

  • Name: PUMA SE
  • Ticker: PUM
  • Exchange: XTRA
  • Founded: 1924
  • Industry: Footwear
  • Sector: Consumer Durables
  • Implied Market Cap: €9.048b
  • Shares outstanding: 149.61m
  • Website: https://www.puma.com

Number of Employees


Location

  • PUMA SE
  • PUMA WAY 1
  • Herzogenaurach
  • Bavaria
  • 91074
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.