Birkenstock is a heritage footwear brand that differentiates from other global footwear makers by offering comfortable shoes with orthopedic benefits that are manufactured in-house as opposed to industry norms of outsourcing. We believe the company rides a market tailwind of popularity of wellbeing, self-care, and “quiet designs” that significantly boosted Birkenstock sales, which grew more than 3.5 times over the last nine years.
Birkenstock’s current sales are largely driven by its top five models, creating an opportunity to expand through new designs and capture higher price points.
Birkenstock has recently benefited from market tailwinds driven by the trend toward minimalist design and a relaxed, post-pandemic lifestyle. These trends may not persist to the same extent in the future.
|
Metric
|
BIRK
|
DECK
|
ADDYY
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.69 | 11.42 | 17.76 |
Price/Book Value | 1.79 | 4.72 | 4.52 |
Price/Sales | 2.24 | 2.02 | 1.03 |
Price/Cash Flow | 10.37 | 10.02 | 9.46 |
|
Metric
|
BIRK
|
DECK
|
ADDYY
|
|---|---|---|---|
Quick Ratio | 1.97 | 1.87 | 0.60 |
Current Ratio | 3.78 | 2.75 | 1.39 |
Interest Coverage | 5.80 | 328.46 | 6.96 |
|
Metric
|
BIRK
|
DECK
|
ADDYY
|
|---|---|---|---|
Return on Assets (Normalized) | 7.20% | 27.30% | 7.62% |
Return on Equity (Normalized) | 13.35% | 42.64% | 27.00% |
Return on Invested Capital (Normalized) | 10.23% | 35.52% | 14.77% |
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1-Day Chart
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United States