Dr Martens PLC
LSE:DOCS

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Dr Martens PLC
LSE:DOCS
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Price: 75.85 GBX -2.69% Market Closed
Market Cap: 733.5m GBX

Relative Value

The Relative Value of one DOCS stock under the Base Case scenario is 118.55 GBX. Compared to the current market price of 75.85 GBX, Dr Martens PLC is Undervalued by 36%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DOCS Relative Value
Base Case
118.55 GBX
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
62
vs Industry
56
Median 3Y
1
Median 5Y
1.2
Industry
1
Forward
0.9
vs History
31
vs Industry
32
Median 3Y
12.2
Median 5Y
14
Industry
17.9
Forward
18.2
vs History
65
vs Industry
63
Median 3Y
5
Median 5Y
12.5
Industry
10.2
vs History
13
vs Industry
43
Median 3Y
7
Median 5Y
9.9
Industry
18.2
vs History
68
vs Industry
35
Median 3Y
2.3
Median 5Y
3.5
Industry
1.3
vs History
67
vs Industry
46
Median 3Y
1.3
Median 5Y
1.6
Industry
1.2
Forward
1.2
vs History
67
vs Industry
66
Median 3Y
2
Median 5Y
2.6
Industry
4
vs History
73
vs Industry
53
Median 3Y
6.3
Median 5Y
6.7
Industry
9.8
Forward
6.3
vs History
65
vs Industry
40
Median 3Y
9.8
Median 5Y
10.7
Industry
13.3
Forward
12.1
vs History
65
vs Industry
59
Median 3Y
6.9
Median 5Y
13.5
Industry
11.4
vs History
68
vs Industry
49
Median 3Y
8.3
Median 5Y
16.9
Industry
15.1
vs History
67
vs Industry
37
Median 3Y
1.6
Median 5Y
2.1
Industry
1

Multiples Across Competitors

DOCS Competitors Multiples
Dr Martens PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Dr Martens PLC
LSE:DOCS
733m GBP 0.9 47.9 5.5 9.4
US
Nike Inc
NYSE:NKE
86.7B USD 1.9 30 20.5 25.2
JP
Asics Corp
TSE:7936
2.7T JPY 3.7 36.5 18.6 22
CH
On Holding AG
NYSE:ONON
15.9B USD 4.4 56.2 25.9 34.9
US
Deckers Outdoor Corp
NYSE:DECK
14.5B USD 2.8 14.3 10 10.6
US
Skechers USA Inc
NYSE:SKX
9.5B USD 1 14.3 7.8 9.9
CN
Huali Industrial Group Co Ltd
SZSE:300979
64B CNY 2.5 18.6 13.2 13.2
UK
Birkenstock Holding PLC
NYSE:BIRK
7.8B USD 3.3 21.8 12 14.5
US
Crocs Inc
NASDAQ:CROX
4.7B USD 1.1 25.6 5.7 6.2
DE
Puma SE
XETRA:PUM
3.3B EUR 0.4 -35 10.7 10.7
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
118.4B TWD 1.4 22.8 11.8 16.4
P/E Multiple
Earnings Growth PEG
UK
Dr Martens PLC
LSE:DOCS
Average P/E: 28.8
47.9
146%
0.3
US
Nike Inc
NYSE:NKE
30
12%
2.5
JP
Asics Corp
TSE:7936
36.5
24%
1.5
CH
On Holding AG
NYSE:ONON
56.2
34%
1.7
US
Deckers Outdoor Corp
NYSE:DECK
14.3
6%
2.4
US
Skechers USA Inc
NYSE:SKX
14.3
1%
14.3
CN
Huali Industrial Group Co Ltd
SZSE:300979
18.6
7%
2.7
UK
Birkenstock Holding PLC
NYSE:BIRK
21.8
35%
0.6
US
Crocs Inc
NASDAQ:CROX
25.6
-12%
N/A
DE
Puma SE
XETRA:PUM
Negative Multiple: -35
-36%
N/A
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
22.8
5%
4.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Dr Martens PLC
LSE:DOCS
Average EV/EBITDA: 12.9
5.5
10%
0.5
US
Nike Inc
NYSE:NKE
20.5
11%
1.9
JP
Asics Corp
TSE:7936
18.6
20%
0.9
CH
On Holding AG
NYSE:ONON
25.9
40%
0.6
US
Deckers Outdoor Corp
NYSE:DECK
10
4%
2.5
US
Skechers USA Inc
NYSE:SKX
7.8
2%
3.9
CN
Huali Industrial Group Co Ltd
SZSE:300979
13.2
14%
0.9
UK
Birkenstock Holding PLC
NYSE:BIRK
12
18%
0.7
US
Crocs Inc
NASDAQ:CROX
5.7
-7%
N/A
DE
Puma SE
XETRA:PUM
10.7
-15%
N/A
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
11.8
10%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
Dr Martens PLC
LSE:DOCS
Average EV/EBIT: 15.7
9.4
18%
0.5
US
Nike Inc
NYSE:NKE
25.2
14%
1.8
JP
Asics Corp
TSE:7936
22
N/A N/A
CH
On Holding AG
NYSE:ONON
34.9
46%
0.8
US
Deckers Outdoor Corp
NYSE:DECK
10.6
4%
2.7
US
Skechers USA Inc
NYSE:SKX
9.9
-1%
N/A
CN
Huali Industrial Group Co Ltd
SZSE:300979
13.2
7%
1.9
UK
Birkenstock Holding PLC
NYSE:BIRK
14.5
20%
0.7
US
Crocs Inc
NASDAQ:CROX
6.2
-6%
N/A
DE
Puma SE
XETRA:PUM
10.7
-24%
N/A
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
16.4
10%
1.6