Added to YB: 2026-02-20
Pitch date: 2026-02-18
PUM.DE [bullish]
PUMA SE
-2.47%
current return
Author Info
Company Info
PUMA SE, together with its subsidiaries, engages in the development and sale of sports and sports lifestyle products in Germany, rest of Europe, the United States, North America, and internationally.
Market Cap
EUR 3.4B
Pitch Price
EUR 23.50
Price Target
35.00 (+53%)
Dividend
2.59%
EV/EBITDA
10.05
P/E
-12.23
EV/Sales
0.71
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
A little February ramble on software - Puma - a potential turnaround?
PUM.DE: Anta (China's largest sportswear) acquiring 29% stake at €35/share (62% premium). Shares at 0.7x EV/sales, 1-2% op margins vs normalized levels. Similar to Adidas FY23 trough. Anta revived FILA, Arc'teryx in China. Turnaround could expand multiple to 1-1.2x sales.
Read full article (2 min)