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Added to YB: 2026-01-29

Pitch date: 2026-01-28

PNDORA.CO [bullish]

Pandora A/S

+8.32%

current return

Author Info

Company Info

Pandora A/S engages in the designing, manufacturing, and marketing of jewelry products. The company operates in two segments, Core and Fuel With More.

Market Cap

DKK 36.3B

Pitch Price

DKK 485.60

Price Target

N/A

Dividend

4.11%

EV/EBITDA

5.11

P/E

7.24

EV/Sales

1.64

Sector

Textiles, Apparel and Luxury Goods

Category

value

Show full summary:
Unique Razor & Blade model in affordable jewellery - Mid-cap company at a bargain price, strong margins, buybacks - Pandora A/S

PNDORA.CO: Danish jeweller trading at 7.5x earnings despite strong moat via bracelet-charm repeat purchase model. 78% sold through own stores, vertically integrated supply chain. Stock down 62% YoY on growth slowdown to 6% vs 13% in 2024. New female CEO from luxury brands. Affordable luxury w/ high customer retention, expanding into lab-grown diamonds (+43% YoY). Active buybacks amid negative sentiment.

Read full article (4 min)