Grendene SA
BOVESPA:GRND3

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Grendene SA
BOVESPA:GRND3
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Price: 5.29 BRL -1.86% Market Closed
Market Cap: 4.8B BRL
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Relative Value

The Relative Value of one GRND3 stock under the Base Case scenario is 7.04 BRL. Compared to the current market price of 5.29 BRL, Grendene SA is Undervalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

GRND3 Relative Value
Base Case
7.04 BRL
Undervaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
22
Median 3Y
2.4
Median 5Y
2.6
Industry
1
Forward
1.7
vs History
88
vs Industry
51
Median 3Y
9.8
Median 5Y
9.8
Industry
17.9
Forward
7.6
vs History
96
vs Industry
43
Median 3Y
9.7
Median 5Y
12.1
Industry
9.9
vs History
87
vs Industry
38
Median 3Y
12.3
Median 5Y
13.3
Industry
17
vs History
84
vs Industry
36
Median 3Y
1.6
Median 5Y
1.5
Industry
1.3
vs History
93
vs Industry
31
Median 3Y
1.9
Median 5Y
2
Industry
1.1
Forward
1.3
vs History
96
vs Industry
43
Median 3Y
4.3
Median 5Y
4.6
Industry
4
vs History
84
vs Industry
41
Median 3Y
10.6
Median 5Y
9.7
Industry
10.5
Forward
6.8
vs History
84
vs Industry
40
Median 3Y
13.6
Median 5Y
12.1
Industry
13.9
Forward
8.4
vs History
96
vs Industry
52
Median 3Y
7.6
Median 5Y
9.3
Industry
10.8
vs History
96
vs Industry
44
Median 3Y
10.6
Median 5Y
12
Industry
13.3
vs History
77
vs Industry
29
Median 3Y
1.5
Median 5Y
1.6
Industry
1

Multiples Across Competitors

GRND3 Competitors Multiples
Grendene SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BR
Grendene SA
BOVESPA:GRND3
4.8B BRL 1.9 7.4 6.6 7.9
US
Nike Inc
NYSE:NKE
115.4B USD 2.3 21.8 16.9 19.1
US
Deckers Outdoor Corp
NYSE:DECK
29.2B USD 6.3 33.4 24.6 26.2
CH
On Holding AG
NYSE:ONON
18.6B USD 7.7 132.1 55 81.6
JP
Asics Corp
TSE:7936
2T JPY 3.2 34.2 18.5 22.3
CN
Huali Industrial Group Co Ltd
SZSE:300979
81B CNY 3.5 21.6 15.7 15.7
US
Skechers USA Inc
NYSE:SKX
9.3B USD 1.1 14.8 7.6 9.3
UK
Birkenstock Holding PLC
NYSE:BIRK
8.9B USD 5 77.4 20.5 26.9
DE
Puma SE
XETRA:PUM
6.6B EUR 0.8 25.1 12.6 12.6
US
Crocs Inc
NASDAQ:CROX
6.2B USD 1.5 7.4 6.8 7.2
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
130.8B TWD 1.5 22.2 12.5 17.5

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