Hugo Boss Valuation

Is BOSS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BOSS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BOSS (€40.07) is trading below our estimate of fair value (€66.4)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for BOSS?

Key metric: As BOSS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BOSS. This is calculated by dividing BOSS's market cap by their current earnings.
What is BOSS's PE Ratio?
PE Ratio13.2x
Earnings€215.37m
Market Cap€2.83b

Price to Earnings Ratio vs Peers

How does BOSS's PE Ratio compare to its peers?

The above table shows the PE ratio for BOSS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.7x
BIJ Bijou Brigitte modische Accessoires
11.1xn/a€267.1m
ADS adidas
113x38.0%€43.1b
PUM PUMA
26.3x18.5%€6.8b
EIN3 Einhell Germany
12.3x9.2%€714.5m
BOSS Hugo Boss
13.2x13.3%€2.8b

Price-To-Earnings vs Peers: BOSS is good value based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (40.7x).


Price to Earnings Ratio vs Industry

How does BOSS's PE Ratio compare vs other companies in the European Luxury Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BOSS 13.2xIndustry Avg. 15.2xNo. of Companies8PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BOSS is good value based on its Price-To-Earnings Ratio (13.2x) compared to the European Luxury industry average (15.2x).


Price to Earnings Ratio vs Fair Ratio

What is BOSS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BOSS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.2x
Fair PE Ratio18x

Price-To-Earnings vs Fair Ratio: BOSS is good value based on its Price-To-Earnings Ratio (13.2x) compared to the estimated Fair Price-To-Earnings Ratio (18x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BOSS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€40.07
€47.97
+19.7%
20.3%€74.00€30.00n/a18
Dec ’25€32.18
€47.42
+47.3%
21.1%€74.00€29.00n/a18
Nov ’25€43.16
€48.61
+12.6%
21.8%€74.00€30.00n/a18
Oct ’25€40.00
€48.94
+22.4%
22.1%€74.00€30.00n/a18
Sep ’25€37.83
€50.56
+33.6%
21.1%€75.00€32.00n/a18
Aug ’25€38.59
€51.11
+32.4%
23.7%€85.00€32.00n/a18
Jul ’25€42.00
€66.69
+58.8%
13.9%€88.00€52.00n/a18
Jun ’25€48.82
€67.47
+38.2%
12.9%€88.00€52.00n/a18
May ’25€51.50
€70.22
+36.4%
11.0%€88.00€57.00n/a18
Apr ’25€55.00
€72.71
+32.2%
9.6%€88.00€56.00n/a18
Mar ’25€63.80
€77.98
+22.2%
8.0%€88.00€64.10n/a19
Feb ’25€57.02
€79.48
+39.4%
7.2%€88.00€64.10n/a20
Jan ’25€67.04
€79.57
+18.7%
8.4%€88.00€62.50n/a20
Dec ’24€64.60
€79.02
+22.3%
8.5%€88.00€62.50€32.1820
Nov ’24€55.54
€79.29
+42.8%
7.9%€88.00€66.00€43.1620
Oct ’24€59.72
€80.75
+35.2%
7.1%€91.00€66.00€40.0020
Sep ’24€69.40
€79.60
+14.7%
10.0%€91.00€58.00€37.8320
Aug ’24€73.40
€77.77
+5.9%
10.0%€90.00€58.00€38.5920
Jul ’24€71.60
€74.62
+4.2%
9.7%€87.00€58.00€42.0020
Jun ’24€64.36
€71.67
+11.4%
8.2%€81.00€58.00€48.8219
May ’24€68.10
€67.58
-0.8%
10.8%€79.00€52.00€51.5019
Apr ’24€65.46
€66.00
+0.8%
10.1%€75.00€52.00€55.0019
Mar ’24€65.10
€63.64
-2.2%
9.8%€72.00€52.00€63.8018
Feb ’24€63.00
€62.61
-0.6%
9.8%€72.00€50.00€57.0219
Jan ’24€54.16
€60.37
+11.5%
10.0%€70.00€49.00€67.0419
Dec ’23€53.88
€60.03
+11.4%
10.5%€70.00€49.00€64.6019

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 14:47
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hugo Boss AG is covered by 55 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Volker BosseBaader Helvea Equity Research
Peter SteinerBankhaus Lampe KG
Rene WeberBank Vontobel AG