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Italian luxury fashion house selling leather goods, ready-to-wear, footwear and eyewear under Prada and Miu Miu brands.
Italian luxury fashion house selling leather goods, ready-to-wear, footwear and eyewear under Prada and Miu Miu brands.
Sells mostly through its own stores and website, which lets it control price and presentation, with a smaller wholesale channel to department stores. Patrizio Bertelli and Miuccia Prada control the group, which listed in Hong Kong in 2011, and in 2025 it agreed to buy Versace from Capri.
In one line: Italy's ultra-luxury Tapestry/Capri.
Moat: wide (brand, IP / patents, distribution). Century-old luxury brand heritage with tightly controlled global distribution and pricing power.
Headquarters: Milan, Italy · Founded: 1913 · Employees: 17,901
Size Prada (1913.HK) is a Hong Kong Consumer Staples company (Consumer Sundries) with a market value of $13.1B, the 127th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$40.28 on 6 Nov 2026.
Performance Over six months the shares gained 1.4%, against -0.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th highest of 7 in its peer set.
Growth Revenue grew 15.3% over the last twelve months (peer median -0.1%); the operating margin is 20.1% (peer median 9.7%).
Valuation It trades at 15.6× forward earnings against a peer median of 16.0× (2nd cheapest of 6).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is -25 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.4 points above its cost of capital (5.8% WACC).
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$54.9B | HK$50.3B | HK$45.8B | HK$40.0B | HK$34.6B |
| Revenue growth | — | +10% | +15% | +16% | — |
| Gross profit | HK$35.7B | HK$33.5B | HK$30.6B | HK$26.6B | HK$22.0B |
| EBITDA | HK$19.2B | HK$18.6B | HK$17.0B | HK$15.0B | HK$12.4B |
| Net income | HK$7.22B | HK$7.50B | HK$7.08B | HK$5.68B | HK$3.83B |
| Free cash flow | HK$9.94B | HK$9.18B | HK$10.1B | HK$3.35B | HK$7.26B |
| Capital expenditure | HK$5.51B | HK$5.38B | HK$3.88B | HK$6.43B | HK$1.99B |
| Total debt | n/a | HK$44.1B | HK$22.4B | HK$22.4B | HK$22.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Prada 1913.HK | $13.1B | +1% | +15% | 20% | 15.6× | -6.4% |
| LVMH Moet Hennessy Louis Vuitton MC.PA | $226B | -11% | -4% | 22% | 18.6× | 10.2% |
| Kering KER.PA | $25.7B | -23% | -9% | 11% | 30.9× | 12.2% |
| Hermes International SCA RMS.PA | $160B | -14% | +3% | 42% | 30.9× | 17.9% |
| Capri CPRI | $2.12B | +11% | -14% | 3% | 9.4× | 21.3% |
| Tapestry TPR | $26.4B | 0% | +14% | 24% | 15.8× | 9.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 1913.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.9% | +5.1% | 2nd highest of 7 |
| 6-month return | +1.4% | -0.8% | 4th highest of 7 |
| Distance from 52-week high | -18.7% | -23.6% | 3rd highest of 7 |
| Revenue growth (TTM) | +15.3% | -0.1% | highest of 7 |
| Operating margin | 20.1% | 9.7% | 2nd highest of 7 |
| Forward P/E | 15.6× | 16.0× | 2nd cheapest of 6 |
| Growth the price implies (Req g, 7 yrs) | -6.4% | -1.5% | least demanding of 7 |
| Growth delivered (Del g) | +18.6% | +8.8% | 2nd highest of 7 |
| Hurdle (Req g minus delivered) | -25.0 pp | -10.0 pp | least demanding of 7 |
| ROIC minus cost of capital | +6.4 pp | +2.8 pp | 3rd highest of 7 |
| EV / EBITDA | 7.1× | 8.9× | 2nd cheapest of 5 |
| Net debt / EBITDA | 1.8× | 1.0× | 2nd most indebted of 5 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Prada 1913.HK | Hong Kong | $13.1B | +1% | +15% | 20% | 15.6× | -6.4% | +18.6% |
| Kering KER.PA | France | $25.7B | -23% | -9% | 11% | 30.9× | 12.2% | +2.3% |
| Shanghai M&G Stationery 603899.SS | China | $3.21B | -4% | +5% | 6% | 15.6× | -2.8% | +13.8% |
| Central Garden & Pet CENT | United States | $2.64B | +25% | -1% | 9% | 16.0× | -4.0% | +3.0% |
| Welspun Living WELSPUNLIV.NS | India | $2.41B | +82% | +5% | 8% | 35.5× | 32.4% | +5.0% |
| Christian Dior CDI.PA | France | $89.3B | +2% | -4% | 22% | n/a | -0.3% | +12.6% |
| Anhui Korrun 300577.SZ | China | $678M | -11% | +1% | 10% | 12.1× | -4.3% | +20.3% |