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Puma SE
F:PUMA

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Puma SE
F:PUMA
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Price: 2.5 EUR 5.04% Market Closed
Market Cap: €3.7B

P/FCFE

431
Current
1 978%
More Expensive
vs 3-y average of 20.7

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
431
=
Market Cap
€3.2B
/
Free Cash Flow to Equity
€8.9m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
431
=
Market Cap
€3.2B
/
Free Cash Flow to Equity
€8.9m

Valuation Scenarios

Puma SE is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (20.7), the stock would be worth €0.12 (95% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-96%
Maximum Upside
No Upside Scenarios
Average Downside
95%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 431 €2.5
0%
3-Year Average 20.7 €0.12
-95%
5-Year Average 25.7 €0.15
-94%
Industry Average 15.4 €0.09
-96%
Country Average 22 €0.13
-95%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
DE
Puma SE
F:PUMA
3.8B EUR 431 -5.9
US
Nike Inc
NYSE:NKE
65.7B USD 1 460.3 29.2
JP
Asics Corp
TSE:7936
3.1T JPY 85.5 31.2
US
Deckers Outdoor Corp
NYSE:DECK
14.4B USD 15.5 13.8
CH
On Holding AG
NYSE:ONON
11.4B USD 47.3 44
US
Skechers USA Inc
NYSE:SKX
9.5B USD 33.5 14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
7.1B USD 48.7 16
CN
Huali Industrial Group Co Ltd
SZSE:300979
44.5B CNY 15.7 13.9
US
Crocs Inc
NASDAQ:CROX
5.2B USD 8.4 -64.3
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
23.3B HKD 18.6 7.8
US
Steven Madden Ltd
NASDAQ:SHOO
2.7B USD 7.7 61
P/E Multiple
Earnings Growth PEG
DE
Puma SE
F:PUMA
Average P/E: 25.7
Negative Multiple: -5.9
N/A N/A
US
Nike Inc
NYSE:NKE
29.2
3%
9.7
JP
Asics Corp
TSE:7936
31.2
17%
1.8
US
Deckers Outdoor Corp
NYSE:DECK
13.8
7%
2
CH
On Holding AG
NYSE:ONON
44
49%
0.9
US
Skechers USA Inc
NYSE:SKX
14.3
1%
14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
16
16%
1
CN
Huali Industrial Group Co Ltd
SZSE:300979
13.9
N/A N/A
US
Crocs Inc
NASDAQ:CROX
Negative Multiple: -64.3 N/A N/A
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
7.8
3%
2.6
US
Steven Madden Ltd
NASDAQ:SHOO
61
81%
0.8

Market Distribution

Higher than 74% of companies in Germany
Percentile
74th
Based on 1 747 companies
74th percentile
41.5
Low
0.3 — 12.8
Typical Range
12.8 — 33.7
High
33.7 —
Distribution Statistics
Germany
Min 0.3
30th Percentile 12.8
Median 22
70th Percentile 33.7
Max 8 508.8

Puma SE
Glance View

Puma SE, a formidable presence in the global athletic and lifestyle market, traces its roots back to Herzogenaurach, Germany, in the post-war era of 1948. Born from a sibling rivalry within a family shoemaking business, Puma rapidly evolved into a brand synonymous with athletic innovation and style. The company strategically navigates the competitive sportswear landscape by blending high-performance technology with fashion-forward designs, effectively capitalizing on both the utility sought by athletes and the stylistic aspirations of trendsetters. Puma’s product line, which encompasses sports footwear, apparel, and accessories, serves as the backbone of its business model. Through strategic partnerships, sponsorships, and a focus on emerging markets, Puma broadens its reach and strengthens its brand equity. Driving its revenue engine is the company’s adeptness at leveraging diverse market dissemination strategies, from penetrating elite sports events to collaborations with iconic figures in music and fashion. Puma’s ability to maintain this equilibrium of tradition and innovation is evident in its product evolution—meeting the demands of its audience while integrating sustainability practices. Manufacturing is handled globally, balancing cost-effectiveness with quality assurances. This worldwide production network, coupled with an expansive distribution system through retail stores and e-commerce platforms, ensures Puma remains agile and responsive to market demands. In essence, Puma SE's narrative is not just one of athletic success, but of a brand that successfully marries heritage with modernity to generate substantial profitability.

PUMA Intrinsic Value
3.18 EUR
Undervaluation 21%
Intrinsic Value
Price €2.5
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