Birkenstock Holding Valuation

Is BIRK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: BIRK ($48.81) is trading below our estimate of fair value ($62.74)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

BIRK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.5x
Enterprise Value/EBITDA22.7x
PEG Ratio1.5x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BIRK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38x
SKX Skechers U.S.A
18x14.7%US$10.4b
CROX Crocs
10.4x5.1%US$8.4b
DECK Deckers Outdoor
31.3x9.2%US$25.4b
ONON On Holding
92.2x24.2%US$16.6b
BIRK Birkenstock Holding
75.4x51.2%US$9.2b

Price-To-Earnings vs Peers: BIRK is expensive based on its Price-To-Earnings Ratio (75.4x) compared to the peer average (38x).


Price to Earnings Ratio vs Industry

How does BIRK's PE Ratio compare vs other companies in the US Luxury Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: BIRK is expensive based on its Price-To-Earnings Ratio (75.4x) compared to the US Luxury industry average (19.9x).


Price to Earnings Ratio vs Fair Ratio

What is BIRK'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.

BIRK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio75.4x
Fair PE Ratio51.9x

Price-To-Earnings vs Fair Ratio: BIRK is expensive based on its Price-To-Earnings Ratio (75.4x) compared to the estimated Fair Price-To-Earnings Ratio (51.9x).


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 BIRK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$48.81
US$67.32
+37.9%
11.3%US$88.13US$57.85n/a18
Sep ’25US$49.90
US$66.92
+34.1%
11.4%US$87.48US$57.87n/a18
Aug ’25US$58.12
US$65.05
+11.9%
10.0%US$85.57US$57.49n/a18
Jul ’25US$55.37
US$64.27
+16.1%
12.5%US$85.18US$47.46n/a15
Jun ’25US$57.00
US$57.41
+0.7%
14.0%US$67.02US$43.43n/a17
May ’25US$44.48
US$52.45
+17.9%
9.4%US$62.31US$42.80n/a18
Apr ’25US$46.59
US$53.32
+14.4%
9.7%US$62.87US$43.19n/a19
Mar ’25US$47.83
US$53.11
+11.0%
11.0%US$63.16US$40.89n/a19
Feb ’25US$46.67
US$51.52
+10.4%
9.5%US$60.16US$41.11n/a19
Jan ’25US$48.73
US$48.88
+0.3%
10.9%US$60.64US$38.07n/a19
Dec ’24US$48.45
US$47.51
-1.9%
9.0%US$56.05US$37.95n/a18

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies