PNDORA Stock Analysis: Pandora | CO
Luxury Goods | CO, Denmark | Market Cap: 57.088m DKK | 12M Return: -24% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 199M
EPS Trend: 94.5%
Qual. Beats: 1
Rev. Trend: 94.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Pandora A/S designs, crafts, and markets jewelry worldwide, with a product range spanning charm and carrier products as well as lab-grown diamonds. The company operates through two segments, Core and Fuel With More, and distributes its products through physical stores, online stores, wholesale, and third-party distribution. Founded in 1982, Pandora is headquartered in Copenhagen, Denmark.
Classified within the Consumer Discretionary sector and the Apparel, Accessories & Luxury Goods sub-industry, Pandora operates a branded jewelry business model that combines proprietary product design with a globally diversified, multichannel retail and wholesale network. The lab-grown diamond offering reflects a broader industry shift toward alternative and sustainably positioned diamond products within the accessories and jewelry market.
- Lab-grown diamonds accelerate Fuel With More segment growth
- China consumer weakness pressures Asia Pacific revenue
- Silver commodity price volatility impacts gross margins
| Net Income: 5.08b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.21 > 0.02 and ΔFCF/TA -4.01 > 1.0 |
| NWC/Revenue: -1.49% < 20% (prev -5.74%; Δ 4.25% < -1%) |
| CFO/TA 0.27 > 3% & CFO 7.69b > Net Income 5.08b |
| Net Debt (22.0b) to EBITDA (10.4b): 2.12 < 3 |
| Current Ratio: 0.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (74.6m) vs 12m ago -5.16% < -2% |
| Gross Margin: 78.88% > 18% (prev 80.07%; Δ -1.19% > 0.5%) |
| Asset Turnover: 116.6% > 50% (prev 121.7%; Δ -5.08% > 0%) |
| Interest Coverage Ratio: 7.81 > 6 (EBIT TTM 7.77b / Interest Expense TTM 995.0m) |
| A: -0.02 (Total Current Assets 9.10b - Total Current Liabilities 9.58b) / Total Assets 29.0b |
| B: 0.25 (Retained Earnings 7.24b / Total Assets 29.0b) |
| C: 0.28 (EBIT TTM 7.77b / Avg Total Assets 27.7b) |
| D: 0.16 (Book Value of Equity 4.02b / Total Liabilities 24.9b) |
| Altman-Z'' = 2.76 = A |
| DSRI: 1.13 (Receivables 2.02b/1.77b, Revenue 32.3b/32.2b) |
| GMI: 1.02 (GM 80.07% / 78.88%) |
| AQI: 0.92 (AQ_t 0.36 / AQ_t-1 0.39) |
| SGI: 1.00 (Revenue 32.3b / 32.2b) |
| TATA: -0.09 (NI 5.08b - CFO 7.69b) / TA 29.0b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of July 28, 2026, the stock is trading at DKK 780.20 with a total of 284,363 shares traded. Over the past week, the price has changed by +0.46%, over one month by +3.72%, over three months by +60.37% and over the past year by -23.96%.
Current recommended Stop Loss: 746.80 (which is 4.3% or 1.5 ATR below the current price).
Pandora has no consensus analysts rating.
P/E Trailing = 11.4801
P/E Forward = 13.2275
P/S = 1.7668
P/B = 14.4503
P/EG = 3.6697
Revenue TTM = 32.3b DKK
EBIT TTM = 7.77b DKK
EBITDA TTM = 10.4b DKK
Long Term Debt = 9.99b DKK (from longTermDebt, last quarter)
Short Term Debt = 2.52b DKK (from shortTermDebt, last quarter)
Debt = 22.8b DKK (from shortLongTermDebtTotal, last quarter) + Leases 5.93b
Net Debt = 22.0b DKK (calculated: Debt 22.8b - CCE 826.0m)
Enterprise Value = 79.1b DKK (57.1b + Debt 22.8b - CCE 826.0m)
Interest Coverage Ratio = 7.81 (Ebit TTM 7.77b / Interest Expense TTM 995.0m)
EV/FCF = 13.32x (Enterprise Value 79.1b / FCF TTM 5.94b)
FCF Yield = 7.51% (FCF TTM 5.94b / Enterprise Value 79.1b)
FCF Margin = 18.38% (FCF TTM 5.94b / Revenue TTM 32.3b)
Net Margin = 15.73% (Net Income TTM 5.08b / Revenue TTM 32.3b)
Gross Margin = 78.88% ((Revenue TTM 32.3b - Cost of Revenue TTM 6.82b) / Revenue TTM)
Gross Margin QoQ = 79.49% (prev 78.09%)
Tobins Q-Ratio = 2.73 (Enterprise Value 79.1b / Total Assets 29.0b)
Interest Expense / Debt = 4.35% (Interest Expense 995.0m / Debt 22.8b)
Taxrate = 24.97% (1.69b / 6.77b)
NOPAT = 5.83b (EBIT 7.77b * (1 - 24.97%))
Current Ratio = 0.95 (Total Current Assets 9.10b / Total Current Liabilities 9.58b)
Debt / Equity = 5.68 (Debt 22.8b / totalStockholderEquity, last quarter 4.02b)
Debt / EBITDA = 2.12 (Net Debt 22.0b / EBITDA 10.4b)
Debt / FCF = 3.71 (Net Debt 22.0b / FCF TTM 5.94b)
Total Stockholder Equity = 3.94b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.35% (Net Income 5.08b / Total Assets 29.0b)
RoE = 128.9% (Net Income TTM 5.08b / Total Stockholder Equity 3.94b)
RoCE = 55.76% (EBIT 7.77b / Capital Employed (Equity 3.94b + L.T.Debt 9.99b))
RoIC = 27.67% (NOPAT 5.83b / Invested Capital 21.1b)
WACC = 7.76% (E(57.1b)/V(79.9b) * Re(9.56%) + D(22.8b)/V(79.9b) * Rd(4.35%) * (1-Tc(0.25)))
Discount Rate = 9.56% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.88 | Cagr: -5.88%
[DCF] Terminal Value 74.21% ; FCFF base≈6.16b ; Y1≈5.75b ; Y5≈5.26b
[DCF] Fair Price = 816.9 (EV 83.1b - Net Debt 22.0b = Equity 61.1b / Shares 74.8m; r=8.35% [WACC [floored]]; 5y FCF grow -8.42% → 2.50% )
EPS Correlation: 94.50 | EPS CAGR: 12.14% | SUE: 2.92 | # QB: 1
Revenue Correlation: 94.72 | Revenue CAGR: 7.99% | SUE: 0.19 | # QB: 0
EPS current Quarter (2026-06-30): EPS=8.75 | Chg30d=+1.63% | Revisions=+25% | Analysts=7
EPS next Quarter (2026-09-30): EPS=5.15 | Chg30d=+1.47% | Revisions=+25% | Analysts=5
EPS current Year (2026-12-31): EPS=62.07 | Chg30d=+0.95% | Revisions=+50% | GrowthEPS=-8.6% | GrowthRev=+1.4%
EPS next Year (2027-12-31): EPS=41.16 | Chg30d=+6.11% | Revisions=+44% | GrowthEPS=-33.7% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: +61% (up=13, down=2)