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Pierce Group AB (publ)
STO:PIERCE

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Pierce Group AB (publ)
STO:PIERCE
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Price: 9.64 SEK -0.82%
Market Cap: kr765.1m

EV/GP

0.8
Current
9%
More Expensive
vs 3-y average of 0.7

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
0.8
=
Enterprise Value
kr721.9m
/
Gross Profit
kr773m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
0.8
=
Enterprise Value
kr721.9m
/
Gross Profit
kr773m

Valuation Scenarios

Pierce Group AB (publ) is trading above its 3-year average

If EV/GP returns to its 3-Year Average (0.7), the stock would be worth kr8.82 (9% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-9%
Maximum Upside
+603%
Average Upside
210%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 0.8 kr9.64
0%
3-Year Average 0.7 kr8.82
-9%
5-Year Average 0.9 kr11.26
+17%
Industry Average 2.6 kr31.76
+229%
Country Average 5.6 kr67.81
+603%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
SE
Pierce Group AB (publ)
STO:PIERCE
765.2m SEK 0.8 0
US
Carvana Co
NYSE:CVNA
86.4B USD 21.1 61.4
US
O'Reilly Automotive Inc
NASDAQ:ORLY
83.7B USD 9.7 33
US
Autozone Inc
NYSE:AZO
61.2B USD 6.8 25
ZA
Motus Holdings Ltd
JSE:MTH
19.5B ZAR 0.3 7.3
US
Penske Automotive Group Inc
NYSE:PAG
11.3B USD 3.3 12.1
US
Murphy Usa Inc
NYSE:MUSA
10.9B USD 5.5 23.2
TW
Hotai Motor Co Ltd
TWSE:2207
265.5B TWD 17.6 14
US
AutoNation Inc
NYSE:AN
7.5B USD 3.4 11.6
BR
Vibra Energia SA
BOVESPA:VBBR3
37.1B BRL 6 18.9
US
Lithia Motors Inc
NYSE:LAD
6.8B USD 3.7 8.3

Market Distribution

Lower than 96% of companies in Sweden
Percentile
4rd
Based on 1 210 companies
4rd percentile
0.8
Low
0.1 — 3.3
Typical Range
3.3 — 9.2
High
9.2 —
Distribution Statistics
Sweden
Min 0.1
30th Percentile 3.3
Median 5.6
70th Percentile 9.2
Max 18 023.5

Pierce Group AB (publ)
Glance View

Market Cap
765.1m SEK
Industry
Retail

Pierce Group AB is an e-commerce company selling motorcycle and snowmobile gear, parts, accessories and streetwear. The company is headquartered in Hagersten, Stockholm. The company went IPO on 2021-03-26. Pierce has two major segments targeting two different customer groups, Offroad sales to motocross and endure riders, and Onroad sales to riders on paved roads and tracks. Pierce also has a smaller segment, Other, which primarily focuses on sales to snowmobile riders. The headquarter is located in Stockholm, Sweden, the central warehouse is located in Szczecin, Poland, and the major portion of the customer support service is located in Barcelona, Spain.

PIERCE Intrinsic Value
17.06 SEK
Undervaluation 43%
Intrinsic Value
Price kr9.64
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