Pandora A/S (PNDORA.CO) stock analysis

In our weekly check, Pandora A/S is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 6, red flags: 3.

About Pandora A/S

Pandora A/S is a Consumer Cyclical company (Luxury Goods) based in Denmark, listed on CPH as PNDORA.CO.

What our checks show for PNDORA.CO

Red flags

• Net debt is 1.5x a year of EBITDA (debt/equity 3.84). That limits room in a downturn and raises refinancing risk.
• Analysts expect the net margin to shrink by 3.1 points from today's 15.9%.
• The stock has fallen as much as 90% from a peak. Would you have held through that?

Warning signs

• The net margin fell by 1.9 points over 5 years, to 15.9%: the company keeps less of each sale as profit.
• Analysts expect earnings per share to shrink about 1.4% a year.
• The price swings a lot: 43.5% annual volatility. Expect large ups and downs.
• Recovering from its deepest fall took about 2.3 years.
• Beta 1.28: the stock usually moves more than the market, both up and down.
• Thinly traded (about 249 thousand shares a day): buying and selling can move the price.

Strengths

• The gross margin is 79.1% and has risen by 3 points: pricing power is holding.
• Operating cash flow is 1.58x net profit: the profit arrives as real cash.
• Free cash flow is 20.3% of revenue: cash for dividends, buybacks or growth.
• The dividend takes 32% of profit: there is a cushion.
• The share count fell by 9.9% in 2 years: the company buys back its own shares.
• Return on capital (ROCE) is 41.3%: the business earns well on the money put into it.

Next earnings report: 2026-11-04

Similar companies

CFR.SW · RMS.PA · TPR · KER.PA · LVMUY · UHR.SW

Questions

What grade does Pandora A/S (PNDORA.CO) have?

In our weekly check, Pandora A/S is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 6, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of PNDORA.CO stock?

This week's biggest flags for Pandora A/S: High debt, Margins expected to shrink, Deep past fall. In total 9 of 25 checks show a warning or a red flag.

What does Pandora A/S do?

Pandora A/S is a Consumer Cyclical company (Luxury Goods) based in Denmark, listed on CPH as PNDORA.CO.

When does Pandora A/S report earnings next?

The next earnings report is expected on 2026-11-04. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

Open the full analysis