Puig Brands, S.A.

BME:PUIG Stock Report

Market Cap: €9.4b

Puig Brands Future Growth

Future criteria checks 1/6

Puig Brands is forecast to grow earnings and revenue by 7.2% and 4.6% per annum respectively. EPS is expected to grow by 6.2% per annum. Return on equity is forecast to be 13.9% in 3 years.

Key information

7.2%

Earnings growth rate

6.24%

EPS growth rate

Personal Products earnings growth9.6%
Revenue growth rate4.6%
Future return on equity13.85%
Analyst coverage

Good

Last updated31 Jul 2026

Recent future growth updates

No updates

Recent updates

Narrative Update • Jul 24

PUIG: Standalone Fragrance Focus Will Test Resilience After Failed Estee Lauder Deal

Analysts have raised their fair value price target on Puig Brands from €14.00 to €16.00, reflecting updated assumptions for slightly higher revenue growth, modestly stronger profit margins, a lower discount rate, and a small adjustment to the future P/E multiple in line with recent positive Street research. Analyst Commentary Recent research on Puig Brands shows a mix of optimism and caution, with some institutions setting price targets above the current internal fair value estimate and others dialing back expectations after corporate developments.
Narrative Update • Jul 10

PUIG: Standalone Fragrance Focus Will Shape Post Merger Breakup Upside

The analyst price target for Puig Brands has shifted from €26.60 to €23.60, with analysts pointing to updated fair value, revenue growth, profit margin, and future P/E assumptions, informed by recent research that highlights Puig's fragrance mix and stand-alone profile following the end of merger talks. Analyst Commentary Recent Street research on Puig Brands points to a mix of price target revisions and rating changes that investors can use to frame expectations around valuation, execution, and potential growth drivers, especially as the company proceeds as a stand alone fragrance and beauty business.
Narrative Update • Jun 26

PUIG: Fragrance Mix And Standalone Plan Will Drive Future Repricing

Analysts have nudged their average price target for Puig Brands higher to about €19.70, reflecting updated views on the company’s fragrance mix, its stand alone plan after the end of merger talks with Estée Lauder, and recent research that highlights its exposure to women’s and men’s fragrance as well as its make up presence via Charlotte Tilbury. Analyst Commentary Recent Street commentary on Puig Brands highlights a mix of optimism and caution as the stock shifts back to a stand alone plan after the end of merger talks with Estée Lauder and as analysts fine tune their price targets and assumptions.
New Narrative • Jan 21

Fragrance Premiumisation And APAC Expansion Will Strengthen This Beauty Group’s Earnings Profile

Catalysts About Puig Brands Puig is a global premium beauty group focused on fragrances, makeup and skincare across owned and licensed brands. What are the underlying business or industry changes driving this perspective?
Analysis Article • Dec 08

Is Puig Brands (BME:PUIG) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Sep 16

There May Be Underlying Issues With The Quality Of Puig Brands' (BME:PUIG) Earnings

Investors were disappointed with Puig Brands, S.A.'s ( BME:PUIG ) earnings, despite the strong profit numbers. We did...

Earnings and Revenue Growth Forecasts

BME:PUIG - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20285,74371677899415
12/31/20275,48266871993916
12/31/20265,22961881786015
6/30/20265,096582580787N/A
3/31/20265,069588620823N/A
12/31/20255,042594661859N/A
9/30/20254,980623675872N/A
6/30/20254,918652689885N/A
3/31/20254,854591619812N/A
12/31/20244,790531549740N/A
9/30/20244,642470433620N/A
6/30/20244,494410316500N/A
3/31/20244,399438347528N/A
12/31/20234,304465379556N/A
12/31/20223,620399268420N/A
12/31/20212,585221434511N/A
12/31/20201,537-70N/AN/AN/A
12/31/20192,029226N/AN/AN/A
12/31/20181,933242N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PUIG's forecast earnings growth (7.2% per year) is above the savings rate (2.7%).

Earnings vs Market: PUIG's earnings (7.2% per year) are forecast to grow slower than the Spanish market (11.3% per year).

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

Revenue vs Market: PUIG's revenue (4.6% per year) is forecast to grow slower than the Spanish market (5.9% per year).

High Growth Revenue: PUIG's revenue (4.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PUIG's Return on Equity is forecast to be low in 3 years time (13.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/31 05:55
End of Day Share Price 2026/07/31 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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

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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

Puig Brands, S.A. is covered by 22 analysts. 16 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 nullBanco de Sabadell. S.A.
Arancha PiñeiroBanco de Sabadell. S.A.
Mariano SzachtmanBanco Santander