Added to YB: 2025-06-25
Pitch date: 2025-06-23
BC.MI [bearish]
Brunello Cucinelli S.p.A.
+4.49%
current return
Author Info
Saadiyat Capital has been an investment analyst for various hedge funds in the UK, USA, and Germany (currently in London). Sign up for the newsletter.
Company Info
Brunello Cucinelli S.p.A., together with its subsidiaries, engages in the production and sale of clothing, accessories, and lifestyle products in Italy, Europe, the United States, and Asia.
Market Cap
EUR 6.3B
Pitch Price
EUR 102.40
Price Target
N/A
Dividend
1.01%
EV/EBITDA
18.75
P/E
48.10
EV/Sales
5.47
Sector
Textiles, Apparel and Luxury Goods
Category
N/A
Brunello Cucinelli Initiation Report
BC.MI short: Luxury brand showing warning signs - 50.8x fwd P/E vs LVMH's 19.6x. Discounting up to 50% on platforms like The Outnet. Below-sector gross margins, high wholesale reliance (vs peers' retail focus), slowing sequential growth. Family management lacks external experience. FCF yield just 1.35% vs 4% market norm.
Read full article (9 min)