PNDORA logo

Pandora A/SCPSE:PNDORA Stock Report

Market Cap DKK 83.4b
Share Price
DKK 1.09k
My Fair Value
AN
AnalystHighTarget
DKK 2k
34.2% undervalued intrinsic discount
1Y0.8%
7D2.0%
Portfolio Value
​
View

Pandora A/S

CPSE:PNDORA Stock Report

Market Cap: DKK 83.4b

Pandora (PNDORA) Stock Overview

Engages in the designing, manufacturing, and marketing of jewelry products. More details

PNDORA fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health2/6
Dividends4/6

Rewards

Trading at 24.5% below our estimate of its fair value

Earnings are forecast to grow 7.63% per year

Earnings grew by 11.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Has a high level of debt

Unstable dividend track record


PNDORA Community Fair Values

Create Narrative

See what 31 others think this stock is worth. Follow their fair value or set your own to get alerts.

PNDORA logo
Pandora
AN
AnalystHighTarget
AnalystHighTarget
Consensus Narrative from 19 Analysts

Rising Luxury Demand And Digital Channels Will Reshape Markets

Key Takeaways Enhanced product offerings, immersive e-commerce, and new store formats are accelerating revenue and earnings growth beyond market expectations. Brand strength and operational scale are boosting pricing power, loyalty, and structural margin expansion despite industry volatility.
View narrative
DKK 1.65k
FV
34.2% undervalued intrinsic discount
9.19%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
8 days ago author updated this narrative
PNDORA logo
Pandora
SW
swift11
Community Contributor

The accessible-luxury jewelry brand Pandora posted 8% same-store sales growth in the U.S. last year.

U.S. jewelry sales advanced a tepid 1.3% in 2024, driven primarily by price increases as the number of units sold dropped 1.6%, according to industry analyst Edahn Golan of Tenoris. Yet, while American consumers largely hit the pause button on new jewelry purchases, the accessible-luxury jewelry brand Pandora posted 8% same-store sales growth in the U.S. last year.
View narrative
DKK 1.60k
FV
32.2% undervalued intrinsic discount
7.37%
Revenue growth p.a.
0users have liked this narrative
1users have commented on this narrative
9users have followed this narrative
3 months ago author updated this narrative
PNDORA logo
Pandora
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 19 Analysts

E-commerce Rollout After Italy And Canada Success Will Expand Digital Engagement In 2025

Key Takeaways Phoenix strategy emphasizes brand elevation, e-commerce enhancements, sustainability, and store expansions to drive organic growth, revenue, and brand value. Effective cost management through price adjustments and efficiencies maintains strong EBIT margins despite commodity price pressures.
View narrative
DKK 1.22k
FV
11.3% undervalued intrinsic discount
6.81%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
12users have followed this narrative
about 23 hours ago author updated this narrative
PNDORA logo
Pandora
AN
AnalystLowTarget
AnalystLowTarget
Consensus Narrative from 19 Analysts

Shifting Consumer Preferences And Rising Costs Will Drag Margins

Key Takeaways Pandora's reliance on charms and lack of product diversification increases vulnerability to changing consumer preferences and potential innovation shortfalls. Rising compliance costs and fast-fashion competition are expected to erode margins and weaken the brand's pricing power, especially in mature markets.
View narrative
DKK 771.79
FV
40.6% overvalued intrinsic discount
4.31%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
8 days ago author updated this narrative
View Stock Community

Pandora A/S Competitors

Price History & Performance

Summary of share price highs, lows and changes for Pandora
Historical stock prices
Current Share PriceDKK 1,085.50
52 Week HighDKK 1,415.00
52 Week LowDKK 805.40
Beta1.57
1 Month Change-2.03%
3 Month Change8.12%
1 Year Change0.84%
3 Year Change103.13%
5 Year Change164.37%
Change since IPO312.74%

Recent News & Updates

What Does Pandora A/S's (CPH:PNDORA) Share Price Indicate?

Jul 29
What Does Pandora A/S's (CPH:PNDORA) Share Price Indicate?

Pandora (CPH:PNDORA) Looks To Prolong Its Impressive Returns

Jul 16
Pandora (CPH:PNDORA) Looks To Prolong Its Impressive Returns

Pandora (CPH:PNDORA) Seems To Use Debt Quite Sensibly

Jul 04
Pandora (CPH:PNDORA) Seems To Use Debt Quite Sensibly

A Look At The Intrinsic Value Of Pandora A/S (CPH:PNDORA)

Jun 22
A Look At The Intrinsic Value Of Pandora A/S (CPH:PNDORA)

Recent updates

What Does Pandora A/S's (CPH:PNDORA) Share Price Indicate?

Jul 29
What Does Pandora A/S's (CPH:PNDORA) Share Price Indicate?

Pandora (CPH:PNDORA) Looks To Prolong Its Impressive Returns

Jul 16
Pandora (CPH:PNDORA) Looks To Prolong Its Impressive Returns

Pandora (CPH:PNDORA) Seems To Use Debt Quite Sensibly

Jul 04
Pandora (CPH:PNDORA) Seems To Use Debt Quite Sensibly

A Look At The Intrinsic Value Of Pandora A/S (CPH:PNDORA)

Jun 22
A Look At The Intrinsic Value Of Pandora A/S (CPH:PNDORA)

Does Pandora (CPH:PNDORA) Deserve A Spot On Your Watchlist?

May 29
Does Pandora (CPH:PNDORA) Deserve A Spot On Your Watchlist?

Subdued Growth No Barrier To Pandora A/S (CPH:PNDORA) With Shares Advancing 30%

May 17
Subdued Growth No Barrier To Pandora A/S (CPH:PNDORA) With Shares Advancing 30%
author-image

The accessible-luxury jewelry brand Pandora posted 8% same-store sales growth in the U.S. last year.

U.S. jewelry sales advanced a tepid 1.3% in 2024, driven primarily by price increases as the number of units sold dropped 1.6%, according to industry analyst Edahn Golan of Tenoris.Yet, while American

When Should You Buy Pandora A/S (CPH:PNDORA)?

Apr 17
When Should You Buy Pandora A/S (CPH:PNDORA)?

Why You Should Care About Pandora's (CPH:PNDORA) Strong Returns On Capital

Apr 04
Why You Should Care About Pandora's (CPH:PNDORA) Strong Returns On Capital

Is Pandora A/S (CPH:PNDORA) Trading At A 44% Discount?

Mar 23
Is Pandora A/S (CPH:PNDORA) Trading At A 44% Discount?

Pandora's (CPH:PNDORA) Upcoming Dividend Will Be Larger Than Last Year's

Mar 11
Pandora's (CPH:PNDORA) Upcoming Dividend Will Be Larger Than Last Year's

Getting In Cheap On Pandora A/S (CPH:PNDORA) Might Be Difficult

Mar 02
Getting In Cheap On Pandora A/S (CPH:PNDORA) Might Be Difficult

Pandora's (CPH:PNDORA) Solid Earnings Have Been Accounted For Conservatively

Feb 18
Pandora's (CPH:PNDORA) Solid Earnings Have Been Accounted For Conservatively

Pandora's (CPH:PNDORA) Upcoming Dividend Will Be Larger Than Last Year's

Feb 10
Pandora's (CPH:PNDORA) Upcoming Dividend Will Be Larger Than Last Year's

Does Pandora (CPH:PNDORA) Have A Healthy Balance Sheet?

Jan 20
Does Pandora (CPH:PNDORA) Have A Healthy Balance Sheet?

Is Pandora A/S (CPH:PNDORA) Potentially Undervalued?

Dec 27
Is Pandora A/S (CPH:PNDORA) Potentially Undervalued?

Why You Should Care About Pandora's (CPH:PNDORA) Strong Returns On Capital

Dec 03
Why You Should Care About Pandora's (CPH:PNDORA) Strong Returns On Capital

Should You Be Adding Pandora (CPH:PNDORA) To Your Watchlist Today?

Nov 20
Should You Be Adding Pandora (CPH:PNDORA) To Your Watchlist Today?
author-image

The Phoenix Strategy Is Elevating Brand Desirability And Driving Revenue Growth

The Phoenix strategy is transforming Pandora into a full jewelry brand, boosting brand perception and driving revenue growth through increased store traffic and market expansion.

Getting In Cheap On Pandora A/S (CPH:PNDORA) Is Unlikely

Nov 08
Getting In Cheap On Pandora A/S (CPH:PNDORA) Is Unlikely

Pandora A/S' (CPH:PNDORA) Intrinsic Value Is Potentially 87% Above Its Share Price

Oct 27
Pandora A/S' (CPH:PNDORA) Intrinsic Value Is Potentially 87% Above Its Share Price

Is Pandora (CPH:PNDORA) A Risky Investment?

Oct 13
Is Pandora (CPH:PNDORA) A Risky Investment?

Is Now An Opportune Moment To Examine Pandora A/S (CPH:PNDORA)?

Sep 16
Is Now An Opportune Moment To Examine Pandora A/S (CPH:PNDORA)?

Why Pandora's (CPH:PNDORA) Earnings Are Better Than They Seem

Aug 19
Why Pandora's (CPH:PNDORA) Earnings Are Better Than They Seem

Earnings Update: Pandora A/S (CPH:PNDORA) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Aug 15
Earnings Update: Pandora A/S (CPH:PNDORA) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Shareholder Returns

PNDORADK LuxuryDK Market
7D2.0%-2.1%-12.3%
1Y0.8%-12.2%-40.8%

Return vs Industry: PNDORA exceeded the Danish Luxury industry which returned -12.2% over the past year.

Return vs Market: PNDORA exceeded the Danish Market which returned -40.8% over the past year.

Price Volatility

Is PNDORA's price volatile compared to industry and market?
PNDORA volatility
PNDORA Average Weekly Movement4.5%
Luxury Industry Average Movement4.5%
Market Average Movement4.3%
10% most volatile stocks in DK Market8.8%
10% least volatile stocks in DK Market2.5%

Stable Share Price: PNDORA has not had significant price volatility in the past 3 months compared to the Danish market.

Volatility Over Time: PNDORA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198237,000Alexander Lacikwww.pandoragroup.com

Pandora A/S engages in the designing, manufacturing, and marketing of jewelry products. The company operates in two segments, Core and Fuel With More. It offers charms, bracelets, rings, earrings, necklaces, and pendants; and lab-grown diamonds.

Pandora A/S Fundamentals Summary

How do Pandora's earnings and revenue compare to its market cap?
PNDORA fundamental statistics
Market capDKK 83.40b
Earnings (TTM)DKK 5.36b
Revenue (TTM)DKK 32.19b
15.6x
P/E Ratio
2.6x
P/S Ratio

Is PNDORA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PNDORA income statement (TTM)
RevenueDKK 32.19b
Cost of RevenueDKK 6.42b
Gross ProfitDKK 25.78b
Other ExpensesDKK 20.41b
EarningsDKK 5.36b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 15, 2025

Earnings per share (EPS)69.81
Gross Margin80.07%
Net Profit Margin16.66%
Debt/Equity Ratio260.8%

How did PNDORA perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
30%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/31 23:48
End of Day Share Price 2025/07/31 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Pandora A/S is covered by 39 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Mariana Horn UribeBerenberg
Melania GrippoBNP Paribas Exane