Prada SpA
HKEX:1913
Intrinsic Value
Prada SpA operates as a holding company, which engages in the manufacture and distribution of luxury goods. [ Read More ]
The intrinsic value of one Prada SpA stock under the Base Case scenario is 60.43 HKD. Compared to the current market price of 62 HKD, Prada SpA is Overvalued by 3%.
Valuation Backtest
Prada SpA
Run backtest to discover the historical profit from buying and selling Prada SpA stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Strong H1 Earnings with Solid Growth Outlook
2023-Q2 Earnings Call
The company reported a significant rise in revenue, with net revenues increasing to €2.2 billion, a 20% growth from H1 2022 at constant FX rates. Retail sales also surged, particularly with a stellar 21% rise from the prior year period and 54% growth compared to H1 2021. EBIT marked a remarkable increase to €491 million, boasting a margin of 22%, up from the previous year's adjusted EBIT margin of 17.4%. Net income soared by 62% to €306 million compared to last year. For the future, the company anticipates maintaining or improving these margins and does not expect a regression in the second half of the year.
Balance Sheet Decomposition
Prada SpA
Current Assets | 2.2B |
Cash & Short-Term Investments | 766.3m |
Receivables | 432.3m |
Other Current Assets | 968.7m |
Non-Current Assets | 5.1B |
Long-Term Investments | 32.8m |
PP&E | 3.7B |
Intangibles | 827.1m |
Other Non-Current Assets | 523.6m |
Current Liabilities | 1.3B |
Accounts Payable | 386.6m |
Accrued Liabilities | 21.9m |
Short-Term Debt | 37m |
Other Current Liabilities | 881.8m |
Non-Current Liabilities | 2.4B |
Long-Term Debt | 2.1B |
Other Non-Current Liabilities | 275.8m |
Earnings Waterfall
Prada SpA
Revenue
|
4.7B
EUR
|
Cost of Revenue
|
-924.6m
EUR
|
Gross Profit
|
3.8B
EUR
|
Operating Expenses
|
-2.7B
EUR
|
Operating Income
|
1.1B
EUR
|
Other Expenses
|
-390.7m
EUR
|
Net Income
|
671m
EUR
|
Free Cash Flow Analysis
Prada SpA
What is Free Cash Flow?
Profitability Score
Profitability Due Diligence
Prada SpA's profitability score is 64/100. The higher the profitability score, the more profitable the company is.
Score
Prada SpA's profitability score is 64/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
Prada SpA's solvency score is 76/100. The higher the solvency score, the more solvent the company is.
Score
Prada SpA's solvency score is 76/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
Prada SpA
According to Wall Street analysts, the average 1-year price target for Prada SpA is 62.4 HKD with a low forecast of 42.93 HKD and a high forecast of 79.14 HKD.
Shareholder Return
Price
Prada SpA
Average Annual Return | 22.14% |
Standard Deviation of Annual Returns | 30.41% |
Max Drawdown | -40% |
Market Capitalization | 158.6B HKD |
Shares Outstanding | 2 558 824 000 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Prada SpA operates as a holding company, which engages in the manufacture and distribution of luxury goods. The company is headquartered in Milan, Milano and currently employs 13,140 full-time employees. The company went IPO on 2011-06-24. The firm is a parent of the Prada Group. The Company, along with its subsidiaries, is engaged in the design, production and distribution of leather goods, handbags, clothing, eyewear, fragrances, footwear and accessories. Prada SpA manufactures jackets, trousers, skirts, dresses, sweaters, blouses, as well as perfumes and watches, among others. The firm trades its products through several brands, such as Prada, Miu Miu, The Church and The Car Shoe. Prada SpA operates in approximately 70 countries through directly operated stores, franchise operated stores, a network of selected multi-brand stores and department stores. Prada Spa operates through a numerous subsidiaries, including Artisans Shoes Srl, Angelo Marchesi Srl, Prada Far East BV, Tannerie Megisserie Hervy SAS and Prada SA, among others.
Contact
IPO
Employees
Officers
The intrinsic value of one Prada SpA stock under the Base Case scenario is 60.43 HKD.
Compared to the current market price of 62 HKD, Prada SpA is Overvalued by 3%.