8GV (Grandvision NV) vs DAX Index Comparison

8GV

DAX Index

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

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8GV

DAX Index

Difference

1Y 3Y 5Y 10Y 15Y 20Y

8GV

DAX Index

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Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

DAX Index

8GV

TSCO

ULTA

DKS

601888

Add Stock

1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

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Grandvision NV
Glance View

Market Cap

7.2B EUR

Industry

Retail

Grandvision NV operates as a commanding beacon in the optical retail industry, navigating a diverse portfolio of eyewear brands across the globe. Headquartered in the Netherlands, the company has carved its niche by offering a comprehensive range of optical products and services through a network of more than 7,000 stores worldwide. These stores, operating under various branded retail banners, such as Vision Express, Pearle, and Sunglass Hut, prioritize providing exceptional customer service and a personalized shopping experience. Grandvision’s success lies in its ability to blend quality eye-care and stylish eyewear, driving footfall through trusted brand names and fostering customer loyalty with reliable eye health services. The company's revenue model is primarily anchored in both the sale of prescription lenses, frames, and contact lenses, as well as non-prescription sunglasses and other eyewear accessories. By integrating retail expertise with innovative marketing strategies, such as leveraging data analytics to tailor product offerings, Grandvision effectively maximizes its margins. This is further bolstered by strategic geographic expansion and local adaptation, ensuring an uptick in market share across varying demographics and regions. Through its vertically integrated supply chain, Grandvision maintains cost efficiency, underpinning its ability to offer competitive pricing while effectively managing inventory turnover—a key element in ensuring steady financial performance and sustainability in the optical retail sector.

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8GV Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

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8GV

vs

DAX Index

Stocks Performance
8GV vs DAX Index

Performance Gap
8GV vs DAX Index

Performance By Year
8GV vs DAX Index

Competitors Performance
Grandvision NV vs Peers

Grandvision NV
Glance View

Company

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8GV vs DAX Index

Stocks Performance 8GV vs DAX Index

Performance Gap 8GV vs DAX Index

Performance By Year 8GV vs DAX Index

Competitors Performance Grandvision NV vs Peers

Grandvision NV Glance View

Company

Help

Tools

Stocks

8GV

vs

DAX Index

Stocks Performance
8GV vs DAX Index

Performance Gap
8GV vs DAX Index

Performance By Year
8GV vs DAX Index

Competitors Performance
Grandvision NV vs Peers

Grandvision NV
Glance View