1. Denmark Stocks

  2. •

    Consumer Cyclical

  3. •

    Luxury Goods
Pandora A/S

Pandora A/S

PNDORA.CO
Pandora A/SDK flagNASDAQ Copenhagen
576.40
DKK
-8.20
- -
43.12BMarket Cap
Pandora A/S
PNDORA.CO
(NASDAQ Copenhagen)

Recent

price

576.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
53.38
51.23
51.18
69.78
96.23
140.67
177.65
205.3
213.23
224.86
195.87
236.84
285.33
329.43
393.03
- -
407.88
Revenue per Share
14.98
15.67
9.25
17.19
24.97
30.88
52.78
51.98
47.17
30.28
19.97
42.12
54.22
55.5
64.85
- -
67.37
Basic EPS, GAAP
8.44
11.96
8.18
15.01
31.16
19.85
46.97
47.66
51.58
61.32
56.37
57.13
34.97
69.03
87.37
- -
77.3
Free Cash Flow per Basic Share
1.6
5
5.5
5.52
6.61
9.14
13.2
36
18.17
18.06
8.5
14.97
16.32
16.53
18.25
- -
19.67
Dividend per Share
12.36
22.05
26.63
38.13
53.71
65.2
78.31
59.52
74.81
53.57
69.37
82.07
87.77
89.21
78.17
- -
61.81
Book Value per Share
-1.4
7.19
11.93
14.29
17.51
5.8
9
-4.37
-12.71
-22.58
4.6
-0.94
-4.31
-28.64
-33.8
- -
-58.93
Tangible Book Value per Share
125
130
130
129
124
119
114
111
107
97
97
99
93
85
81
- -
80
Basic Weighted Avg Shares
6,666
6,658
6,652
9,010
11,942
16,737
20,281
22,781
22,806
21,868
19,009
23,394
26,463
28,136
31,680
32,549
32,498
Sales/Revenue/Turnover
36.24
30.91
22.17
29.76
34.1
34.74
36.51
34.17
28.2
17.51
14.12
24.96
25.48
25.02
25.17
23.91
24.79
Operating Margin (%)
265
221
180
200
222
400
518
721
990
2,319
2,315
1,999
1,973
2,079
2,353
2,586
2,461
Depreciation Expense
1,871
2,037
1,202
2,220
3,098
3,674
6,025
5,768
5,045
2,945
1,938
4,160
5,029
4,740
5,227
5,241
5,368
Net Income, GAAP
16.92
14.01
18.73
19.04
19.99
31.26
21.24
24.77
23.35
23.09
22.29
22.65
23.02
23.97
24.53
24.17
23.93
Effective Tax Rate (%)
28.07
30.59
18.07
24.64
25.94
21.95
29.71
25.32
22.12
13.47
10.2
17.78
19
16.85
16.5
16.1
16.52
Profit Margin (%)
476
1,256
1,575
1,533
1,447
1,505
1,960
2,433
1,967
-1,281
-2,818
-2,258
-3,450
-55
-651
-1,026
-2,815
Working Capital
- -
375
151
- -
- -
2,350
3,008
5,283
6,421
7,962
2,066
2,765
3,130
9,737
11,625
11,922
11,693
LT Debt
4,315
5,411
6,038
6,462
7,032
6,139
6,794
6,514
6,419
5,249
7,389
7,001
7,168
5,355
5,508
5,282
3,550
Total Equity
34.06
27
19.09
32.23
44.37
47.89
60.33
51.37
37.88
20.22
14.24
35.34
37.63
32.68
32.8
29.08
30.84
Return on Invested Capital (%)
50.16
59.36
35.58
51.77
53.25
43.21
54.16
48.19
37.93
20.37
14.7
34.34
37.68
30.3
30.3
28.46
31.92
Return on Capital (%)
132.65
92.38
38
52.95
53.46
50.95
72.17
74.22
69.09
44.58
32.46
56.07
61.91
60.16
75.1
81.16
115.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,776
2,853
4,420
LT Borrowings
7,831
8,557
7,767
LT Finance Leases
3,794
3,803
3,926
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
78
77
Market Capitalization
107,417
85,140
88,599

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
9,226
7,597
8,093
Cash, Cash Equivalents & STI
2,394
744
817
Accounts Receivable, Net
1,217
719
661
Inventories
4,426
4,604
4,735
Total Current Liabilities
9,877
9,444
10,908
Payables & Accruals
- -
- -
- -
ST Debt
1,776
2,853
4,420
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.18%
-5.88%
-4.1%
Free Cash Flow
16.9%
7.85%
-22.61%
Net Income, GAAP
11.17%
28.07%
0.27%
Sales/Revenue/Turnover
7.43%
11.57%
2.74%
Total Cash Common Dividend
17.52%
17.12%
6.53%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,834
6,771
6,103
11,973
31,680
2025
7,347
7,075
11,859
- -
32,549
2026
7,109
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.8
9.7
7.3
35.6
64.85
2025
14
10.3
37
- -
- -
2026
12.6
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.99
- -
- -
- -
18.25
2025
19.93
- -
- -
- -
- -
2026
22.02
- -
- -
- -
- -
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Business
Pandora A/S designs, manufactures, markets and distributes hand-finished modern jewelry made primarily from sterling silver and gold, along with lab-grown diamonds. The company operates through two segments, Core, which focuses on customizable charms, bracelets and carriers emphasizing collectability, and Fuel with More, which offers modern classics such as rings, earrings, necklaces, pendants and lab-grown diamond jewelry; products include brands like Pandora Moments, Pandora MI, Pandora Talisman and Pandora Minis, sold in sterling silver, 14k gold-plated and 14k rose gold-plated finishes. Pandora A/S markets its products globally through approximately 6,700 points of sale in more than 100 countries across six continents, including about 2,700 concept stores, shop-in-shops and online channels, with manufacturing based in Thailand and primary customer segments comprising women seeking personalized self-expression jewelry. Founded in 1982 and headquartered in Copenhagen, Denmark, the company employs over 26,000 people worldwide. In recent developments, Pandora A/S launched Pandora Talisman and Pandora Minis collections in August 2025 to reinvent its core charm offerings with modern storytelling innovation; the company announced in September 2025 plans for a new distribution center in Anne Arundel County, Maryland, set to open in the first half of 2026 to support US expansion by nearly 80% in distribution capacity. Further strategic moves include establishing an Asia headquarters in Singapore in November 2025 to drive growth in Japan, South Korea and India; acquiring 46 concept stores in Q2 2025, primarily in the US, Italy, Canada and Puerto Rico as part of forward integration; and initiating a DKK 4.0 billion share buyback program in February 2025 through January 2026. Additionally, CEO Alexander Lacik plans to retire in March 2026, with Chief Marketing Officer Berta de Pablos-Barbier succeeding as President and CEO, while the company reported 6% organic revenue growth in Q3 2025 amid robust like-for-like sales in the US and network expansion contributions.