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 Analysis

Excellent balance sheet and good value.


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

17.2%

BOSS

18.9%

DE Luxury

9.1%

DE Market


1 Year Return

-56.4%

BOSS

-4.0%

DE Luxury

-13.1%

DE Market

Return vs Industry: BOSS underperformed the German Luxury industry which returned -7.8% over the past year.

Return vs Market: BOSS underperformed the German Market which returned -14.3% over the past year.


Shareholder returns

BOSSIndustryMarket
7 Day17.2%18.9%9.1%
30 Day-21.1%7.8%-1.0%
90 Day-40.9%-27.1%-20.7%
1 Year-54.2%-56.4%-2.5%-4.0%-10.6%-13.1%
3 Year-58.2%-63.0%25.7%19.8%-10.7%-18.1%
5 Year-72.3%-77.8%135.9%109.0%-10.7%-22.8%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOSS (€25.89) is trading below our estimate of fair value (€65.96)

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


Price To Earnings Ratio

PE vs Industry: BOSS is good value based on its PE Ratio (8.7x) compared to the Luxury industry average (21.3x).

PE vs Market: BOSS is good value based on its PE Ratio (8.7x) compared to the German market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: BOSS is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: BOSS is overvalued based on its PB Ratio (1.8x) compared to the DE Luxury industry average (1.3x).


Next Steps

Future Growth

How is Hugo Boss forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

3.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOSS's forecast earnings growth (3% per year) is above the savings rate (-0.4%).

Earnings vs Market: BOSS's earnings (3% per year) are forecast to grow slower than the German market (14.2% per year).

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

Revenue vs Market: BOSS's revenue (2.2% per year) is forecast to grow slower than the German market (3.9% per year).

High Growth Revenue: BOSS's revenue (2.2% 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 (26.5%)


Next Steps

Past Performance

How has Hugo Boss performed over the past 5 years?

-9.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOSS has high quality earnings.

Growing Profit Margin: BOSS's current net profit margins (7.1%) are lower than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: BOSS's earnings have declined by -9.4% 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 (-13.1%) over the past year, making it difficult to compare to the Luxury industry average (-1%).


Return on Equity

High ROE: BOSS's Return on Equity (20.5%) is considered high.


Next Steps

Financial Health

How is Hugo Boss's financial position?


Financial Position Analysis

Short Term Liabilities: BOSS's short term assets (€1.2B) exceed its short term liabilities (€881.8M).

Long Term Liabilities: BOSS's short term assets (€1.2B) exceed its long term liabilities (€994.0M).


Debt to Equity History and Analysis

Debt Level: BOSS's debt to equity ratio (21.8%) is considered satisfactory.

Reducing Debt: BOSS's debt to equity ratio has increased from 20.4% to 21.8% over the past 5 years.

Debt Coverage: BOSS's debt is well covered by operating cash flow (299%).

Interest Coverage: BOSS's interest payments on its debt are well covered by EBIT (11.3x coverage).


Balance Sheet


Next Steps

Dividend

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

8.76%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BOSS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BOSS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BOSS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BOSS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BOSS is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BOSS's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Mark Langer (51yo)

3.92s

Tenure

€2,939,000

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 ($USD3.20M) is above average for companies of similar size in the German market ($USD1.56M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Mark Langer
Former Consultant3.92yrs€2.94mno data
Yves Müller
CFO & Member of Managing Board2.33yrs€1.90mno data
Ingo Wilts
Chief Brand Officer & Member of Managing Board3.67yrs€1.99mno data
Heiko Schaefer
COO & Member of the Managing Board0.083yrno datano data
Christian Stoehr
Head of Investor Relationsno datano datano data
Hjördis Kettenbach
Head of Corporate Communicationsno datano datano data
Stephan Born
Managing Director Northern Europe6.75yrsno datano data
Fridolin Klumpp
Business Director BOSS Womenswear & Independent Employee Representative Supervisory Board Member4.92yrsno datano data
Gareth Incledon
CEO & President of the Asia Pacific Regionno datano datano data
Frank Böhme
Senior Investor Relations Managerno datano datano data

3.0yrs

Average Tenure

51yo

Average Age

Experienced Management: BOSS's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Fridolin Klumpp
Business Director BOSS Womenswear & Independent Employee Representative Supervisory Board Member4.92yrsno datano data
Michel Perraudin
Independent Supervisory Board Chairmanno datano datano data
Antonio Simina
Independent Employee Representative Supervisory Board Deputy Chairmanno datano datano data
Gaetano Marzotto
Supervisory Board Member10.17yrsno datano data
Hermann Waldemer
Independent Supervisory Board Member4.92yrsno datano data
Luca Marzotto
Supervisory Board Member10.17yrsno datano data
Sinan Piskin
Independent Employee Representative Supervisory Board Member11.42yrsno datano data
Kirsten Kistermann-Christophe
Independent Supervisory Board Member4.92yrsno datano data
Tanja Grzesch
Independent Employee Representative Supervisory Board Member4.92yrsno datano data
Anita Kessel
Independent Employee Representative Supervisory Board Member4.92yrsno datano data

4.9yrs

Average Tenure

61yo

Average Age

Experienced Board: BOSS's board of directors are considered experienced (4.9 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

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: €1.777b
  • Shares outstanding: 69.02m
  • Website: https://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
BOSSETLX (Eurotlx)YesCommon StockITEURJan 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 eveningwear; and shoes and accessories, as well as licensed products, including fragrances, eyewear, children’s fashion, and watches. It markets and sells its products under the BOSS and HUGO brand names through online stores, freestanding stores, shop-in-shops, and outlets with approximately 7,450 sales points. Hugo Boss AG was founded in 1924 and is headquartered in Metzingen, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 02:53
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.