Birkenstock Holding plc

NYSE:BIRK Stock Report

Market Cap: US$7.1b

Birkenstock Holding Valuation

Is BIRK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of BIRK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: BIRK ($39.66) is trading below our estimate of future cash flow value ($53.34)

Significantly Below Future Cash Flow Value: BIRK is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BIRK?

Key metric: As BIRK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BIRK. This is calculated by dividing BIRK's market cap by their current earnings.
What is BIRK's PE Ratio?
PE Ratio16.3x
Earnings€378.77m
Market Cap€5.98b

Price to Earnings Ratio vs Peers

How does BIRK's PE Ratio compare to its peers?

The above table shows the PE ratio for BIRK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.3x
DECK Deckers Outdoor
16.3x3.09%US$17.2b
ONON On Holding
53.6x25.52%US$15.6b
SHOO Steven Madden
46.2xn/aUS$2.7b
WWW Wolverine World Wide
17x18.20%US$1.4b
BIRK Birkenstock Holding
16.3x12.76%US$7.1b

Price-To-Earnings vs Peers: BIRK is good value based on its Price-To-Earnings Ratio (16.3x) compared to the peer average (36.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does BIRK's PE Ratio compare vs other companies in the US Luxury Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
JXG JX Luxventure Group
3.8xn/aUS$6.40m
DLAP.Q Delta Apparel
n/an/aUS$7.00
No more companies available in this PE range
BIRK 16.3xIndustry Avg. 20.9xNo. of Companies7PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BIRK is good value based on its Price-To-Earnings Ratio (16.3x) compared to the US Luxury industry average (21x).

Price to Earnings Ratio vs Fair Ratio

What is BIRK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BIRK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.3x
Fair PE Ratio18.4x

Price-To-Earnings vs Fair Ratio: BIRK is good value based on its Price-To-Earnings Ratio (16.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BIRK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$39.66
US$58.31
+47.02%
15.02%US$78.43US$42.72n/a21
Feb ’27US$37.76
US$58.51
+54.96%
14.85%US$78.90US$43.43n/a21
Jan ’27US$40.90
US$61.14
+49.48%
12.74%US$78.14US$43.01n/a21
Dec ’26US$43.62
US$67.35
+54.40%
11.55%US$80.39US$45.93n/a20
Nov ’26US$39.91
US$67.97
+70.32%
11.08%US$79.53US$45.98n/a20
Oct ’26US$46.22
US$69.85
+51.12%
8.37%US$80.44US$57.43n/a19
Sep ’26US$52.13
US$70.59
+35.40%
9.35%US$80.82US$57.16n/a19
Aug ’26US$49.14
US$70.56
+43.60%
9.40%US$80.98US$56.02n/a19
Jul ’26US$49.03
US$72.45
+47.78%
8.14%US$82.01US$59.17n/a21
Jun ’26US$53.78
US$71.25
+32.48%
8.29%US$82.52US$57.39n/a21
May ’26US$50.52
US$69.67
+37.92%
11.80%US$81.77US$56.45n/a21
Apr ’26US$46.32
US$72.50
+56.52%
11.94%US$98.96US$56.91n/a20
Mar ’26US$49.48
US$70.87
+43.23%
11.66%US$96.47US$57.28n/a20
Feb ’26US$59.14
US$70.03
+18.42%
12.15%US$95.69US$56.62US$37.7620
Jan ’26US$56.66
US$69.05
+21.87%
13.24%US$95.71US$51.78US$40.9020
Dec ’25US$51.66
US$64.01
+23.91%
12.08%US$83.62US$52.03US$43.6219
Nov ’25US$45.84
US$65.12
+42.07%
11.96%US$85.96US$51.76US$39.9119
Oct ’25US$47.97
US$67.33
+40.36%
11.34%US$88.13US$57.90US$46.2218
Sep ’25US$49.90
US$66.92
+34.12%
11.39%US$87.48US$57.87US$52.1318
Aug ’25US$58.12
US$65.05
+11.92%
9.99%US$85.57US$57.49US$49.1418
Jul ’25US$55.37
US$64.27
+16.08%
12.46%US$85.18US$47.46US$49.0315
Jun ’25US$57.00
US$57.41
+0.71%
14.00%US$67.02US$43.43US$53.7817
May ’25US$44.48
US$52.45
+17.92%
9.44%US$62.31US$42.80US$50.5218
Apr ’25US$46.59
US$53.32
+14.44%
9.69%US$62.87US$43.19US$46.3219
Mar ’25US$47.83
US$53.11
+11.04%
10.95%US$63.16US$40.89US$49.4819
Feb ’25US$46.67
US$51.52
+10.39%
9.54%US$60.16US$41.11US$59.1419
US$58.31
Fair Value
32.0% undervalued intrinsic discount
21
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/25 22:30
End of Day Share Price 2026/02/25 00:00
Earnings2025/12/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Birkenstock Holding plc is covered by 27 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark AltschwagerBaird
Luca SolcaBernstein
Simeon SiegelBMO Capital Markets Equity Research