Salvatore Ferragamo S.p.A.

BATS-CHIXE:SFERM Stock Report

Market Cap: €1.2b

Salvatore Ferragamo Valuation

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

Discounted Cash Flow
Simply Wall St
€11.18
Fair Value
35.1% undervalued intrinsic discount
16
Number of Analysts

Below Fair Value: SFERM (€7.26) is trading below our estimate of fair value (€11.18)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SFERM. This is calculated by dividing SFERM's market cap by their current earnings.
What is SFERM's PE Ratio?
PE Ratio132.9x
Earnings€9.31m
Market Cap€1.19b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SFERM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.3x
BRBY Burberry Group
116.1x45.6%UK£4.4b
COA Coats Group
18.2x16.8%UK£1.5b
DOCS Dr. Martens
24.6x41.3%UK£721.8m
SOS Sosandar
62.3xn/aUK£16.6m
SFERM Salvatore Ferragamo
132.9x38.1%€1.2b

Price-To-Earnings vs Peers: SFERM is expensive based on its Price-To-Earnings Ratio (132.9x) compared to the peer average (55.3x).


Price to Earnings Ratio vs Industry

How does SFERM's PE Ratio compare vs other companies in the European Luxury Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies7PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SFERM is expensive based on its Price-To-Earnings Ratio (132.9x) compared to the European Luxury industry average (16.7x).


Price to Earnings Ratio vs Fair Ratio

What is SFERM'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.

SFERM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio132.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SFERM's Price-To-Earnings Fair Ratio for valuation analysis.


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 SFERM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€6.61
0%
12.5%€8.00€4.90n/a16
Jan ’26n/a
€6.35
0%
15.0%€7.90€4.30n/a15
Dec ’25n/a
€6.45
0%
14.0%€7.90€4.30n/a15
Nov ’25€6.18
€6.45
+4.5%
14.0%€7.90€4.30n/a15
Oct ’25n/a
€7.35
0%
18.8%€9.60€5.00n/a15
Sep ’25n/a
€8.31
0%
10.5%€9.60€7.00n/a15
Aug ’25n/a
€8.98
0%
12.0%€10.60€7.00n/a15
Jul ’25€7.89
€9.44
+19.6%
10.2%€10.60€7.00n/a15
Jun ’25€9.35
€9.91
+6.1%
8.8%€11.50€8.00n/a15
May ’25n/a
€10.02
0%
7.8%€11.50€8.00n/a15
Apr ’25n/a
€11.31
0%
12.2%€13.60€9.00n/a15
Mar ’25n/a
€10.95
0%
12.4%€13.60€8.00n/a17
Feb ’25n/a
€10.89
0%
12.6%€13.60€8.00n/a17
Jan ’25n/a
€11.89
0%
14.2%€14.50€8.00n/a17
Dec ’24n/a
€12.78
0%
12.9%€17.00€9.00n/a17
Nov ’24n/a
€12.84
0%
12.8%€17.00€9.00€6.1817
Oct ’24n/a
€13.79
0%
12.5%€17.00€9.00n/a18
Sep ’24n/a
€14.53
0%
12.9%€20.00€11.00n/a18
Aug ’24n/a
€15.02
0%
13.8%€20.00€11.00n/a18
Jul ’24€14.83
€15.89
+7.2%
14.6%€20.20€10.00€7.8918
Jun ’24€15.04
€15.89
+5.7%
14.6%€20.20€10.00€9.3518
May ’24€16.44
€15.91
-3.3%
14.6%€20.20€10.00n/a18
Apr ’24n/a
€16.02
0%
14.8%€20.20€10.00n/a18
Mar ’24€17.94
€15.84
-11.7%
13.2%€20.00€11.00n/a18
Feb ’24n/a
€15.54
0%
12.0%€20.00€11.00n/a18
Analyst Price Target
Consensus Narrative from 16 Analysts
€6.42
Fair Value
13.0% overvalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 16:47
End of Day Share Price 2025/01/16 00:00
Earnings2024/06/30
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.

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

Salvatore Ferragamo S.p.A. is covered by 40 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gianmarco BonacinaBanca Akros S.p.A. (ESN)
Helen BrandBarclays
Carole MadjoBarclays