Company > Overviews > Public Company Snapshot - IM

Report as of 16-Feb-2012

PandoraA/S(PNDORADK)
PNDORADKB44XTX8OMXNordicCopenhagenCommonstock
BusinessDescription
PandoraA/Sdesigns,manufacturesandmarketshandfinishedandmodernjewellery.Itsproductsincludebracelets,brooches,charms,earrings,
leatherstrings,necklaces,rings,pendantsandwatches.ThecompanyoperatesthroughtheAmericas,EuropeandAsiaPacific.Itwasfoundedby
PerEnevoldsenandWinnieEnevoldsenin1982andisheadquarteredinGlostrup,Denmark.

CorporateInformation
Headquarters:
Glostrup,Dk2600Denmark

BusinessSegments(Dec10)

Management:

AllanL.Leighton

Charms

MarcelloV.Bottoli,PhD
HenrikHolmark
4,336

#Employees:

KeyStatistics
52WeekRange

DKK34.30357.00

AvgDailyVol(3Mo)

1,018,666.4

MarketValue(M)

11,049

EntValue(M)

12,167

SharesOut(M)
TotRev

%ofTot

OpInc

Assets

4,630

69.5%

OtherJewelry

830

12.5%

Silver&GoldCharms

786

11.8%

Rings

420

6.3%

130.1

CapEx DividendYield
Float

5.9%
41.4%

Institutional
Top10InstHldrs

10.1%
5.4%

AnalystCoverage
TargetPrice

12
DKK92.70

LTGrowthRate

9.8%

AvgRating
EarningsPerShare(EPS)
FYEnding
12/09A

12/10A

12/11E

12/12E

Q1(Mar)

2.00

3.96

1.66

Q2(Jun)

2.99

4.82

1.91

Q3(Sep)

4.44

2.62

2.75

Q4(Dec)

4.76

2.90

2.92

FiscalYear
P/E

14.62
23.0x

13.10
4.1x

Overweight(1.58)

DKK84.90
+5.80
+7.33%
YTDChg

8.87
9.6x

57.22%

3MonthChg

71.27%

52WeekChg

75.81%

52WeekBeta
EPSEstimateRevisions
1Week

1Month

3Months

6Months

QtrEnd12/11

0.5%

6.5%

15.4%

29.5%

QtrEnd3/12

35.2%

35.2%

FYEnd12/11

3.1%

1.7%

5.2%

2.2%

FYEnd12/12

0.7%

1.2%

12.6%

8.9%

Sales
FYEnding

MonetaryvaluesinmillionsofDanishKrone,exceptpersharedata

Price,Financials&RatiosHistory
2006
2007
12/12E

1,534

1,330

2009

2010

2011
83.9%

69.1%

1.1%

9.3%

12/06

12/07

12/08

12/09

12/10

12/11E

1,662

3,461

6,666

6,666

6,593 Sales

731

1,489

2,681

2,191

12/10A

12/11E

1,238

1,745

Q2(Jun)

1,343

1,392

Q3(Sep)

1,788

1,569

1,662

Q4(Dec)

2,297

2,028

2,226

FiscalYear

6,666

6,666

6,593

ValuationSummary
5Year
Current

High Low

Fundamentalandestimatereportingstandardsmaydiffer

2008

12/09A

Q1(Mar)

2.83

2012
5YrAvg
57.2% PriceChange
83.9%
+/OMXCopenhagen
41.0%
69.1%
20
+/Industry

5.9% DivYld

5.2%
5Yr
CAGR

12/12E

1,660 EBITDA

Avg

VsInd

617

1,341

2,416

2,000

1,508 EBIT

1,131 NetInc

P/E(LTM)

5.3x

45.0x 2.3x 14.6x

266

969

1,846

1,724

P/E(NTM)

9.5x

17.1x 4.0x 9.9x

2.05

7.46

14.62

13.10

8.87 EPS(Dil)

0.8x 0.5x 0.6x

0.00

0.00

5.00

4.45

3.56 DivsPS

P/Bk

2.3x

15.5x 1.0x 5.9x

130

130

126

P/CF

6.3x

12.3x 2.8x 6.3x

1.80

11.17

P/Sales

1.6x

12.6x 0.7x 4.2x

305

824

EV/EBITDA

4.7x

31.1x 2.3x 10.9x

3,491

5,816

EV/Sales

1.7x

13.4x 0.9x 4.5x

271

1,077

476

5.9% 13.4% 1.1% 4.9%

2,661

2,703

362

1,066

1,316

1,604

10Yr

48

118

262

215

906

1,138

PEG(NTM)

DivYld

GrowthSummaryCAGR(Dec10)
1Yr 3Yr 5Yr

33.20

41.03

45.64 BkPS

1,224
8,959

ShsOut(Dil)

Cash&STInv

9,354

9,561 Assets

WkCap

LTDebt

1,443 NetOpCF
203 CapEx

Sales

92.6%

314

963

EBITDA

80.0%

EBIT

80.2%

12/06

12/07

12/08
56.1%

12/09
64.9%

12/10
67.1%

12/11E

12/12E
GrossMargin

NetIncome

90.4%

44.0%

43.0%

40.2%

32.9%

25.2% EBITDAMargin

42.4%

37.1%

38.7%

36.2%

30.0%

22.9% EBITMargin

37.4%

EPS(Diluted)
Dividends
BVPS
FreeCFlow
MutualFundHolders
Holder

1,344 FCF

5YrAvg
62.7%

96.0%

16.0%

28.0%

27.7%

25.9%

17.1% NetMargin

23.9%

197.4%

20.8%

25.0%

18.4%

11.8% ROA

22.9%

5.9%

115.0%

64.0%

31.9%

19.4% ROE

89.5%

0.7

0.9

0.7

0.7 AssetTurn

14.9

4.0

2.1

1.7

1.6 Assets/Equity

7.0

%O/S

1.18

1.48

1.54

Sales/Emp

1.40

MV

0.8

59

60

DSO

TotalMutualFunds

10.1%

17

21

DPO

19

1.5

2.2

1.1

CurrentRatio

1.6

1.2

1.7

0.8

QuickRatio

1.2

92.8

67.2

35.0

TDebt%Cap

65.0

1,281.4

205.0

53.9

TDebt%TEQ

513.4

KeyComps(15Feb2012)
Name

Price

MV(M)

PE(NTM)

PEG(NTM)

ROE

EPSYoY%

PandoraA/S

84.90

11,049

9.5x

46.2%

101.1%

SuranaCorp.Ltd.

10.66

233

27.8%

43.9%

9.93

14,041

14.2x

0.9x

43.9%

70.4%

13.36

811

2.0x

26.5%

34.2%

SamsoniteInternationalS.A.
ShreeGaneshJewelleryHouseLtd.
FactSet Fundamentals / FactSet Estimates

59

FactSet Research Systems, Inc.

Company > Overviews > Public Company Snapshot - IM

FactSet Fundamentals / FactSet Estimates

Report as of 16-Feb-2012

FactSet Research Systems, Inc.