DB:BOSS

Stock Analysis Report

Executive Summary

Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes fashion and accessories for men and women worldwide.

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Hugo Boss's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BOSS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.2%

BOSS

1.1%

DE Luxury

-0.5%

DE Market


1 Year Return

-30.2%

BOSS

33.3%

DE Luxury

12.2%

DE Market

Return vs Industry: BOSS underperformed the German Luxury industry which returned 33.3% over the past year.

Return vs Market: BOSS underperformed the German Market which returned 12.2% over the past year.


Shareholder returns

BOSSIndustryMarket
7 Day1.2%1.1%-0.5%
30 Day14.5%-2.9%4.4%
90 Day-17.7%0.9%11.1%
1 Year-26.8%-30.2%35.4%33.3%15.8%12.2%
3 Year-15.5%-25.2%99.1%88.9%24.7%13.8%
5 Year-50.6%-60.4%222.2%185.8%35.0%16.6%

Price Volatility Vs. Market

How volatile is Hugo Boss's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

29.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOSS (€41.42) is trading below our estimate of fair value (€58.37)

Significantly Below Fair Value: BOSS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BOSS is good value based on its PE Ratio (13.4x) compared to the Luxury industry average (28.5x).

PE vs Market: BOSS is good value based on its PE Ratio (13.4x) compared to the German market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: BOSS is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: BOSS is overvalued based on its PB Ratio (3x) compared to the DE Luxury industry average (1.8x).


Next Steps

Future Growth

How is Hugo Boss forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOSS's forecast earnings growth (10.5% per year) is above the savings rate (0.2%).

Earnings vs Market: BOSS's earnings (10.5% per year) are forecast to grow slower than the German market (12.9% per year).

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

Revenue vs Market: BOSS's revenue (3.8% per year) is forecast to grow slower than the German market (4.8% per year).

High Growth Revenue: BOSS's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOSS's Return on Equity is forecast to be high in 3 years time (25.2%)


Next Steps

Past Performance

How has Hugo Boss performed over the past 5 years?

-10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOSS has high quality earnings.

Growing Profit Margin: BOSS's current net profit margins (7.5%) are lower than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: BOSS's earnings have declined by -10% per year over the past 5 years.

Accelerating Growth: BOSS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BOSS had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Luxury industry average (-0.9%).


Return on Equity

High ROE: BOSS's Return on Equity (22.4%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Hugo Boss's financial position?


Financial Position Analysis

Short Term Liabilities: BOSS's short term assets (€1.2B) exceeds its short term liabilities (€850.0M)

Long Term Liabilities: BOSS's short term assets (€1.2B) exceeds its long term liabilities (1.1B)


Debt to Equity History and Analysis

Debt Level: BOSS's debt to equity ratio (31.5%) is considered satisfactory.

Reducing Debt: BOSS's debt to equity ratio has increased from 27.5% to 31.5% over the past 5 years.

Debt Coverage: BOSS's debt is well covered by operating cash flow (182.5%).

Interest Coverage: BOSS's interest payments on its debt are well covered by EBIT (17.1x coverage).


Balance Sheet

Inventory Level: BOSS has a high level of physical assets or inventory.

Debt Coverage by Assets: BOSS's debt is covered by short term assets (assets are 3.9x debt).


Next Steps

Dividend

What is Hugo Boss's current dividend yield, its reliability and sustainability?

6.54%

Current Dividend Yield


Dividend Yield vs Market

company6.5%marketbottom25%1.3%markettop25%3.7%industryaverage1.4%forecastin3Years6.8%

Current dividend yield vs market & industry

Notable Dividend: BOSS's dividend (6.54%) is higher than the bottom 25% of dividend payers in the German market (1.35%).

High Dividend: BOSS's dividend (6.54%) is in the top 25% of dividend payers in the German market (3.7%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (87.9%), BOSS's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BOSS's dividends in 3 years are forecast to be covered by earnings (77% payout ratio).


Next Steps

Management

What is the CEO of Hugo Boss's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Mark Langer (51yo)

3.5yrs

Tenure

€2,884,000

Compensation

Mr. Mark Alexander Langer has been Chairman of the Managing Board and Chief Executive Officer at Hugo Boss AG since May 19, 2016. Mr. Langer served as a Managing Board Member at Hugo Boss AG since January  ...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD3.20M) is about average for companies of similar size in the German market ($USD2.74M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.4yrs

Average Tenure

52.5yo

Average Age

Experienced Management: BOSS's management team is considered experienced (3.4 years average tenure).


Board Age and Tenure

4.5yrs

Average Tenure

61yo

Average Age

Experienced Board: BOSS's board of directors are considered experienced (4.5 years average tenure).


Insider Trading

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.


Management Team

  • Ingo Wilts (54yo)

    Chief Brand Officer & Member of Managing Board

    • Tenure: 3.3yrs
    • Compensation: €1.93m
  • Mark Langer (51yo)

    Chairman of Managing Board & CEO

    • Tenure: 3.5yrs
    • Compensation: €2.88m
  • Yves Müller (50yo)

    CFO & Member of Managing Board

    • Tenure: 1.9yrs
    • Compensation: €1.90m
  • Hjördis Kettenbach

    Head of Corporate Communications

    • Tenure: 0yrs
  • Stephan Born

    Managing Director Northern Europe

    • Tenure: 6.3yrs
  • Gareth Incledon

    CEO & President of the Asia Pacific Region

    • Tenure: 0yrs
  • Fridolin Klumpp (61yo)

    Senior VP of Global Human Resources & Employee Representative Member of Supervisory Board

    • Tenure: 4.5yrs
  • Christian Stoehr

    Head of Investor Relations

    • Tenure: 0yrs
  • Frank Böhme

    Senior Investor Relations Manager

    • Tenure: 0yrs

Board Members

  • Michel Perraudin (71yo)

    Chairman of Supervisory Board

    • Tenure: 0yrs
  • Antonio Simina (64yo)

    Deputy Chairman of the Supervisory Board

    • Tenure: 0yrs
  • Gaetano Marzotto (67yo)

    Member of Supervisory Board

    • Tenure: 9.8yrs
  • Hermann Waldemer (61yo)

    Member of Supervisory Board

    • Tenure: 4.5yrs
  • Luca Marzotto (48yo)

    Member of Supervisory Board

    • Tenure: 9.8yrs
  • Sinan Piskin (41yo)

    Employee Representative Member of Supervisory Board

    • Tenure: 11yrs
  • Kirsten Kistermann-Christophe (55yo)

    Member of Supervisory Board

    • Tenure: 4.5yrs
  • Tanja Grzesch (46yo)

    Employee Representative Member of Supervisory Board

    • Tenure: 4.5yrs
  • Anita Kessel (62yo)

    Employee Representative Member of Supervisory Board

    • Tenure: 4.5yrs
  • Fridolin Klumpp (61yo)

    Senior VP of Global Human Resources & Employee Representative Member of Supervisory Board

    • Tenure: 4.5yrs

Company Information

Hugo Boss AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hugo Boss AG
  • Ticker: BOSS
  • Exchange: DB
  • Founded: 1924
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: €2.848b
  • Shares outstanding: 69.02m
  • Website: https://www.group.hugoboss.com

Number of Employees


Location

  • Hugo Boss AG
  • Dieselstrasse 12
  • Metzingen
  • Baden-Württemberg
  • 72555
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HUGP.FOTCPK (Pink Sheets LLC)NPV (BR)USUSDJan 1992
BOSSDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
BOSSXTRA (XETRA Trading Platform)YesCommon StockDEEURJan 1992
0Q8FLSE (London Stock Exchange)YesCommon StockGBEURJan 1992
BOSSDBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJan 1992
BOSSSWX (SIX Swiss Exchange)YesCommon StockCHCHFJan 1992
BOSS NBMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1992
BOSSWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1992
BOSS.YOTCPK (Pink Sheets LLC)SPON ADR EA REPR 1/5 ORD EUR0.00USUSDJan 2013
BOSADB (Deutsche Boerse AG)SPON ADR EA REPR 1/5 ORD EUR0.00DEEURJan 2013

Biography

Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes fashion and accessories for men and women worldwide. The company offers businesswear, casual outfits, athleisurewear, and ev ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/19 21:34
End of Day Share Price2019/11/19 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.