Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler brand name.
Price History & Performance
|Historical stock prices|
|Current Share Price||€53.82|
|52 Week High||€33.33|
|52 Week Low||€62.48|
|1 Month Change||-0.96%|
|3 Month Change||-6.60%|
|1 Year Change||52.99%|
|3 Year Change||38.71%|
|5 Year Change||259.52%|
|Change since IPO||259.52%|
Recent News & Updates
|MONC||IT Luxury||IT Market|
Return vs Industry: MONC underperformed the Italian Luxury industry which returned 65.9% over the past year.
Return vs Market: MONC exceeded the Italian Market which returned 33.5% over the past year.
Stable Share Price: MONC is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MONC's weekly volatility (4%) has been stable over the past year.
About the Company
Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler brand name. Its product portfolio includes footwear products; leather goods, such as bags, backpacks, and accessories; and sunglasses, eyeglasses, frames, and men’s and women’s ski goggles under the Moncler Lunettes brand. As of December 31, 2020, the company operated 219 retail directly operated stores and 63 wholesale shop-in-shops.
Moncler Fundamentals Summary
|MONC fundamental statistics|
Is MONC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MONC income statement (TTM)|
|Cost of Revenue||€381.13m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.42|
|Net Profit Margin||23.05%|
How did MONC perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Moncler 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: MONC (€53.82) is trading above our estimate of fair value (€29.14)
Significantly Below Fair Value: MONC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MONC is poor value based on its PE Ratio (37.9x) compared to the Italian Luxury industry average (35.7x).
PE vs Market: MONC is poor value based on its PE Ratio (37.9x) compared to the Italian market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: MONC is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: MONC is overvalued based on its PB Ratio (6.8x) compared to the IT Luxury industry average (1.7x).
How is Moncler forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MONC's forecast earnings growth (13.5% per year) is above the savings rate (1.8%).
Earnings vs Market: MONC's earnings (13.5% per year) are forecast to grow faster than the Italian market (11.9% per year).
High Growth Earnings: MONC's earnings are forecast to grow, but not significantly.
Revenue vs Market: MONC's revenue (11.7% per year) is forecast to grow faster than the Italian market (2.2% per year).
High Growth Revenue: MONC's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MONC's Return on Equity is forecast to be low in 3 years time (17.4%).
How has Moncler performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MONC has high quality earnings.
Growing Profit Margin: MONC's current net profit margins (23.1%) are higher than last year (17.6%).
Past Earnings Growth Analysis
Earnings Trend: MONC's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: MONC's earnings growth over the past year (48.8%) exceeds its 5-year average (12.1% per year).
Earnings vs Industry: MONC earnings growth over the past year (48.8%) exceeded the Luxury industry -12.5%.
Return on Equity
High ROE: MONC's Return on Equity (17.9%) is considered low.
How is Moncler's financial position?
Financial Position Analysis
Short Term Liabilities: MONC's short term assets (€927.1M) exceed its short term liabilities (€687.9M).
Long Term Liabilities: MONC's short term assets (€927.1M) exceed its long term liabilities (€906.7M).
Debt to Equity History and Analysis
Debt Level: MONC's debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: MONC's debt to equity ratio has reduced from 37.5% to 8% over the past 5 years.
Debt Coverage: MONC's debt is well covered by operating cash flow (317%).
Interest Coverage: MONC's interest payments on its debt are well covered by EBIT (22.7x coverage).
What is Moncler current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MONC's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.02%).
High Dividend: MONC's dividend (0.84%) is low compared to the top 25% of dividend payers in the Italian market (3.51%).
Stability and Growth of Payments
Stable Dividend: MONC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MONC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.3%), MONC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MONC's dividends in 3 years are forecast to be well covered by earnings (36% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Remo Ruffini (60 yo)
Mr. Remo Ruffini has been the Chairman and Chief Executive Officer of Moncler S.p.A. since 2003 and has also been its General Manager since January 1, 2015. Mr. Ruffini served as Creative Director of Moncl...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Remo's total compensation is reasonable compared to companies of similar size in the Italian market.
Compensation vs Earnings: Remo's compensation has been consistent with company performance over the past year.
Experienced Management: MONC's management team is seasoned and experienced (8.2 years average tenure).
Experienced Board: MONC'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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.7%.
Moncler S.p.A.'s employee growth, exchange listings and data sources
- Name: Moncler S.p.A.
- Ticker: MONC
- Exchange: BIT
- Founded: 1952
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €14.509b
- Shares outstanding: 269.58m
- Website: https://www.monclergroup.com
Number of Employees
- Moncler S.p.A.
- Via Stendhal 47
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 21:20|
|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.