Good evening Getquin community,
I used today's day on the stock market to increase my position in Moncler. After today's price setback a very attractive stock, and even if I have not quite bought at the bottom I am more than satisfied😁
To Moncler:
Moncler, in case anyone doesn't know it yet, is an Italy-based luxury fashion company with French roots that is primarily in the winter fashion space and makes extremely high-end clothing. Recently, the clothing brand Stone Island was bought up and thus affiliated with the Moncler company.
Short key figures of Moncler:
P/E RATIO: 41.42
P/E RATIO: 7.08
KCV: 27.16
Market capitalization: 14.75 billion
Free float: 72.92
Dividend yield: 0.83
Furthermore, the recently published figures for fiscal 2021 and the completed 4th quarter:
Q4 2021 earnings per share of €0.481, compared to €0.475 from Q3 2021.
Sales increased to €868.9 million in Q4, compared to sales of €675.0 million in Q3. An increase of 28.73%!
Full year 2021 earnings per share were €1.56, compared to €1.18 earned in 2020. Forecasts saw earnings per share of €1.48 in 2021.
Together with Stone Island, Moncler achieved sales of €2.05 billion in 2021, up from around €1.42 billion in 2020, again a growth of 44%! Expected in the forecasts was € 1.99 billion.
EBIT was €603 million, compared with an expected €573 million. And net income was €411 million, compared with €386 million expected.
In addition, the company proposed a dividend increase from €0.45 to €0.6 per share, a dividend increase of 33.3%!
The facts that all forecasts were exceeded, that there is a good outlook for the coming periods, that I like the logo, that Italy is a beautiful country ist🤌🏻, that I like skiing very much and that I stand out from the low-income earners with a luxury brand in my portfolio😜 have fully convinced me of the company.
What do you think of Moncler, an awesome company?
Or are you rather not taken?
Looking forward to your views😗
