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.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$41.55|
|52 Week High||HK$29.10|
|52 Week Low||HK$65.30|
|1 Month Change||-7.46%|
|3 Month Change||-28.05%|
|1 Year Change||29.04%|
|3 Year Change||10.80%|
|5 Year Change||61.99%|
|Change since IPO||4.92%|
Recent News & Updates
Prada (HKG:1913) Might Be Having Difficulty Using Its Capital Effectively
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
We Think Prada (HKG:1913) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|1913||HK Luxury||HK Market|
Return vs Industry: 1913 underperformed the Hong Kong Luxury industry which returned 72.2% over the past year.
Return vs Market: 1913 exceeded the Hong Kong Market which returned 9.1% over the past year.
Stable Share Price: 1913 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 1913's weekly volatility (8%) has been stable over the past year.
About the Company
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. It offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. The company also provides eyewear and fragrances under licensing agreements, as well as operates in the food sector under the Marchesi 1824 brand.
Prada Fundamentals Summary
|1913 fundamental statistics|
Is 1913 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1913 income statement (TTM)|
|Cost of Revenue||€788.05m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 10, 2022
|Earnings per share (EPS)||0.087|
|Net Profit Margin||7.48%|
How did 1913 perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Prada undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1913 (HK$41.55) is trading above our estimate of fair value (HK$23.64)
Significantly Below Fair Value: 1913 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1913 is poor value based on its PE Ratio (52.2x) compared to the Hong Kong Luxury industry average (9.1x).
PE vs Market: 1913 is poor value based on its PE Ratio (52.2x) compared to the Hong Kong market (9.6x).
Price to Earnings Growth Ratio
PEG Ratio: 1913 is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: 1913 is overvalued based on its PB Ratio (4x) compared to the HK Luxury industry average (0.8x).
How is Prada forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1913's forecast earnings growth (25% per year) is above the savings rate (1.5%).
Earnings vs Market: 1913's earnings (25% per year) are forecast to grow faster than the Hong Kong market (17.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1913's revenue (8.8% per year) is forecast to grow slower than the Hong Kong market (12.3% per year).
High Growth Revenue: 1913's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1913's Return on Equity is forecast to be low in 3 years time (15.1%).
How has Prada performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1913 has high quality earnings.
Growing Profit Margin: 1913 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 1913's earnings have declined by 26.7% per year over the past 5 years.
Accelerating Growth: 1913 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1913 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (37.6%).
Return on Equity
High ROE: 1913's Return on Equity (7.8%) is considered low.
How is Prada's financial position?
Financial Position Analysis
Short Term Liabilities: 1913's short term assets (€1.7B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: 1913's short term assets (€1.7B) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: 1913's debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 1913's debt to equity ratio has reduced from 31.8% to 24.5% over the past 5 years.
Debt Coverage: 1913's debt is well covered by operating cash flow (134%).
Interest Coverage: 1913's interest payments on its debt are well covered by EBIT (8.9x coverage).
What is Prada current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1913's dividend (0.77%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 1913's dividend (0.77%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.84%).
Stability and Growth of Payments
Stable Dividend: 1913 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 1913 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 1913 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1913's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrizio Bertelli (75 yo)
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: Patrizio's total compensation ($USD10.70M) is above average for companies of similar size in the Hong Kong market ($USD1,000.00K).
Compensation vs Earnings: Patrizio's compensation has been consistent with company performance over the past year.
Experienced Management: 1913's management team is considered experienced (4.7 years average tenure).
Experienced Board: 1913's board of directors are considered experienced (5.4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Prada S.p.A.'s employee growth, exchange listings and data sources
- Name: Prada S.p.A.
- Ticker: 1913
- Exchange: SEHK
- Founded: 1913
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: HK$106.319b
- Shares outstanding: 2.56b
- Website: https://www.pradagroup.com/en.html
Number of Employees
- Prada S.p.A.
- Via Antonio Fogazzaro, 28
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 15:36|
|End of Day Share Price||2021/09/27 00:00|
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.