Market Cap
€14.6b
Last Updated
2021/07/25 17:55 UTC
Data Sources
Company Financials +
Executive Summary
Prada S.p.A., together with its subsidiaries, designs, produces, and distributes leather goods, handbags, footwear, apparel, and accessories in Europe, the Americas, the Asia Pacific, Japan, the Middle East, and Africa. More Details
Rewards
Risk Analysis
No risks detected for PRP from our risk checks.
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Prada's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRP is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PRP's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
1.6%
PRP
2.3%
DE Luxury
0.9%
DE Market
1 Year Return
89.8%
PRP
39.4%
DE Luxury
25.2%
DE Market
Return vs Industry: PRP exceeded the German Luxury industry which returned 39.4% over the past year.
Return vs Market: PRP exceeded the German Market which returned 25.2% over the past year.
Shareholder returns
| PRP | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | 2.3% | 0.9% |
| 30 Day | -7.8% | 8.8% | 0.5% |
| 90 Day | 10.4% | 19.5% | 2.5% |
| 1 Year | 91.0%89.8% | 40.7%39.4% | 29.2%25.2% |
| 3 Year | 43.4%39.4% | 70.6%66.4% | 28.1%17.4% |
| 5 Year | 131.4%113.7% | 138.1%124.9% | 54.9%33.7% |
Long-Term Price Volatility Vs. Market
How volatile is Prada's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Prada undervalued compared to its fair value and its price relative to the market?
5.14x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PRP (€5.77) is trading above our estimate of fair value (€2.61)
Significantly Below Fair Value: PRP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PRP is unprofitable, so we can't compare its PE Ratio to the German Luxury industry average.
PE vs Market: PRP is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PRP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PRP is overvalued based on its PB Ratio (5.1x) compared to the DE Luxury industry average (2.3x).
Future Growth
How is Prada forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
42.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.01%).
Earnings vs Market: PRP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PRP's is expected to become profitable in the next 3 years.
Revenue vs Market: PRP's revenue (11.6% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: PRP's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRP's Return on Equity is forecast to be low in 3 years time (12.8%).
Past Performance
How has Prada performed over the past 5 years?
-29.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRP is currently unprofitable.
Growing Profit Margin: PRP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PRP is unprofitable, and losses have increased over the past 5 years at a rate of 29.5% per year.
Accelerating Growth: Unable to compare PRP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRP is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-14%).
Return on Equity
High ROE: PRP has a negative Return on Equity (-1.91%), as it is currently unprofitable.
Financial Health
How is Prada's financial position?
Financial Position Analysis
Short Term Liabilities: PRP's short term assets (€1.7B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: PRP's short term assets (€1.7B) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: PRP's debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: PRP's debt to equity ratio has increased from 25.1% to 26.5% over the past 5 years.
Debt Coverage: PRP's debt is well covered by operating cash flow (78.5%).
Interest Coverage: PRP's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Dividend
What is Prada current dividend yield, its reliability and sustainability?
0.62%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PRP's dividend (0.62%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: PRP's dividend (0.62%) is low compared to the top 25% of dividend payers in the German market (3.17%).
Stability and Growth of Payments
Stable Dividend: PRP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PRP has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: PRP is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: PRP's dividends in 3 years are forecast to be covered by earnings (60.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Patrizio Bertelli (75 yo)
9.08yrs
Tenure
€12,574,000
Compensation
Mr. Patrizio Bertelli is the Founder of Prada S.p. A and has been its Chief Executive Officer since June 7, 2012. He serves as an Executive Director since November 20, 2003 and Director from November 20, 2...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Patrizio's total compensation is reasonable compared to companies of similar size in the German market.
Compensation vs Earnings: Patrizio's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: PRP's management team is considered experienced (4.5 years average tenure).
Board Members
Experienced Board: PRP's board of directors are considered experienced (5.3 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Prada S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Prada S.p.A.
- Ticker: PRP
- Exchange: DB
- Founded: 1913
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: HK$133.059b
- Listing Market Cap: HK$14.558b
- Shares outstanding: 2.56b
- Website: https://www.pradagroup.com/en.html
Number of Employees
Location
- Prada S.p.A.
- Via Antonio Fogazzaro, 28
- Milan
- Milan
- 20135
- Italy
Listings
Biography
Prada S.p.A., together with its subsidiaries, designs, produces, and distributes leather goods, handbags, footwear, apparel, and accessories in Europe, the Americas, the Asia Pacific, Japan, the Middle Eas...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/25 17:55 |
| End of Day Share Price | 2021/07/23 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.