GN Store Nord A/S

DB:GNN Stock Report

Market Cap: €2.4b

GN Store Nord Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 GNN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€27.26
Fair Value
39.4% undervalued intrinsic discount
16
Number of Analysts

Below Fair Value: GNN (€16.52) is trading below our estimate of fair value (€27.26)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GNN. This is calculated by dividing GNN's market cap by their current earnings.
What is GNN's PE Ratio?
PE Ratio27.7x
EarningsDKK 658.00m
Market CapDKK 18.19b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GNN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.4x
BOSS Hugo Boss
13.9x13.3%€3.0b
EIN3 Einhell Germany
12.4x9.3%€724.7m
PUM PUMA
24.4x16.9%€6.3b
SUR Surteco Group
35x27.8%€307.0m
GNN GN Store Nord
27.7x25.1%€18.2b

Price-To-Earnings vs Peers: GNN is expensive based on its Price-To-Earnings Ratio (27.7x) compared to the peer average (21.4x).

Price to Earnings Ratio vs Industry

How does GNN's PE Ratio compare vs other companies in the European Consumer Durables Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GNN 27.7xIndustry Avg. 13.5xNo. of Companies13PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GNN is expensive based on its Price-To-Earnings Ratio (27.7x) compared to the European Consumer Durables industry average (13.5x).

Price to Earnings Ratio vs Fair Ratio

What is GNN'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.

GNN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.7x
Fair PE Ratio23.4x

Price-To-Earnings vs Fair Ratio: GNN is expensive based on its Price-To-Earnings Ratio (27.7x) compared to the estimated Fair Price-To-Earnings Ratio (23.4x).

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 GNN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€16.52
€27.54
+66.8%
18.5%€36.19€16.75n/a16
Jan ’26€17.92
€27.76
+54.9%
17.7%€36.19€16.76n/a16
Dec ’25€17.93
€27.93
+55.8%
16.4%€36.20€18.10n/a16
Nov ’25€17.92
€28.49
+59.0%
16.8%€36.21€18.11n/a16
Oct ’25€19.97
€29.30
+46.8%
13.7%€36.20€19.44n/a15
Sep ’25€20.39
€29.76
+45.9%
14.2%€36.20€19.44n/a15
Aug ’25€23.69
€30.52
+28.8%
13.5%€36.18€20.10n/a15
Jul ’25€26.03
€30.56
+17.4%
12.9%€36.20€20.11n/a15
Jun ’25€28.80
€30.89
+7.2%
13.9%€36.19€20.10n/a15
May ’25€25.40
€28.85
+13.6%
15.7%€37.54€20.11n/a15
Apr ’25€24.15
€28.14
+16.5%
15.4%€36.20€20.11n/a16
Mar ’25€21.71
€27.95
+28.7%
14.7%€36.22€20.12n/a16
Feb ’25€21.72
€27.91
+28.5%
14.4%€36.23€21.47n/a16
Jan ’25€23.10
€26.93
+16.6%
16.6%€36.22€19.45€17.9216
Dec ’24€21.03
€26.40
+25.5%
18.3%€36.21€17.44€17.9315
Nov ’24€15.56
€26.39
+69.7%
18.7%€36.17€17.42€17.9215
Oct ’24€16.83
€27.01
+60.5%
18.1%€36.22€19.45€19.9715
Sep ’24€18.73
€27.44
+46.6%
17.7%€36.23€19.46€20.3916
Aug ’24€23.51
€29.12
+23.9%
16.6%€36.66€20.81€23.6916
Jul ’24€22.65
€29.12
+28.6%
16.6%€36.66€20.81€26.0316
Jun ’24€23.28
€28.77
+23.6%
17.0%€36.66€20.81€28.8016
May ’24€24.00
€28.86
+20.3%
19.1%€38.23€20.79€25.4014
Apr ’24€20.41
€28.26
+38.4%
18.9%€36.24€17.04€24.1513
Mar ’24€19.26
€29.66
+54.0%
23.0%€46.74€20.15€21.7113
Feb ’24€23.48
€29.81
+27.0%
23.4%€46.79€21.51€21.7215
Jan ’24€21.31
€30.06
+41.1%
26.5%€46.80€15.46€23.1014
Analyst Price Target
Consensus Narrative from 16 Analysts
€27.16
Fair Value
39.2% undervalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/11 10:28
End of Day Share Price 2025/01/10 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

GN Store Nord A/S is covered by 40 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Morten LarsenABG Sundal Collier
Pierre-Yves GauthierAlphaValue
Hassan Al-WakeelBarclays