Loading…
Italian luxury fashion house known for footwear, leather goods and accessories sold worldwide.
Italian luxury fashion house known for footwear, leather goods and accessories sold worldwide.
Sells through its own stores and websites as well as wholesale to department stores and travel retail, and leans on footwear and leather accessories more than ready-to-wear. The Ferragamo family controls the group through a holding company.
In one line: An Italian luxury brand comparable to a smaller Tapestry (Coach/Kate Spade).
Moat: narrow (brand, IP / patents). Iconic heritage Italian luxury brand and craftsmanship, but smaller scale than LVMH/Kering brands limits marketing/pricing leverage.
Headquarters: Florence, Italy · Founded: 1927 · Employees: 3,356
Size Salvatore Ferragamo (SFER.MI) is an Italy Consumer Discretionary company (Apparel/Footwear) with a market value of $1.22B, the 78th largest of 123 Italy companies the cockpit tracks. Shares closed at €6.56 on 6 Nov 2026.
Performance Over six months the shares fell 19.2%, against -4.0% for the median peer and +3.1% for the Italy market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 1.6% over the last twelve months (peer median +9.1%); the operating margin is 2.9% (peer median 8.1%).
Valuation It trades at 202.8× forward earnings against a peer median of 18.2× (most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is +20 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 7.4 points below its cost of capital (9.5% WACC).
Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €970M | €977M | €1.04B | €1.16B | €1.25B |
| Revenue growth | — | -6% | -10% | -8% | — |
| Gross profit | €692M | €690M | €769M | €870M | €731M |
| EBITDA | €163M | €152M | €198M | €236M | €287M |
| Net income | €9.70M | -€49.4M | -€68.1M | €26.1M | €69.6M |
| Free cash flow | €147M | €69.7M | €109M | €59.4M | €225M |
| Capital expenditure | €47.6M | €45.6M | €70.7M | €71.7M | €55.9M |
| Total debt | n/a | €688M | €790M | €791M | €605M |
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 |
|---|---|---|---|---|---|---|
| Salvatore Ferragamo SFER.MI | $1.22B | -19% | -2% | 3% | 202.8× | 22.5% |
| Tapestry TPR | $26.4B | 0% | +14% | 24% | 15.8× | 9.0% |
| Moncler MONC.MI | $13.8B | -11% | +3% | 29% | 19.5× | 10.8% |
| Kering KER.PA | $25.7B | -23% | -9% | 11% | 30.9× | 12.2% |
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 | SFER.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.8% | +0.7% | 10th lowest of 21 |
| 6-month return | -19.2% | -4.0% | 5th lowest of 21 |
| Distance from 52-week high | -41.5% | -31.0% | 6th lowest of 21 |
| Revenue growth (TTM) | -1.6% | +9.1% | 5th lowest of 21 |
| Operating margin | 2.9% | 8.1% | 7th lowest of 21 |
| Forward P/E | 202.8× | 18.2× | most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 22.5% | -1.4% | 4th most demanding of 15 |
| Growth delivered (Del g) | +2.2% | +6.9% | 5th lowest of 14 |
| Hurdle (Req g minus delivered) | +20.3 pp | -5.7 pp | 3rd most demanding of 14 |
| ROIC minus cost of capital | -7.4 pp | +2.6 pp | 5th lowest of 21 |
| EV / EBITDA | 9.2× | 7.8× | 6th most expensive of 13 |
| Net debt / EBITDA | 2.6× | -0.8× | most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Salvatore Ferragamo SFER.MI | Italy | $1.22B | -19% | -2% | 3% | 202.8× | 22.5% | +2.2% |
| Wacoal 3591.T | Japan | $1.21B | -21% | +2% | -1% | 36.5× | 35.7% | +2.4% |
| Toread 300005.SZ | China | $1.21B | -45% | +22% | -1% | 60.7× | n/a | n/a |
| Lancy 002612.SZ | China | $1.19B | +11% | +9% | 10% | 22.4× | -1.2% | +15.9% |
| Tayho Advanced Materials 002254.SZ | China | $1.26B | -13% | +6% | -2% | 70.6× | 10.1% | +8.1% |
| Xtep International 1368.HK | Hong Kong | $1.27B | -16% | +10% | 10% | 7.7× | -10.3% | +10.8% |
| Pearl Global Industries PGIL.NS | India | $1.31B | +51% | +14% | 8% | 36.9× | 25.0% | +27.5% |
| Guangdong Golden Dragon Development 000712.SZ | China | $1.12B | -20% | -3% | -20% | n/a | n/a | n/a |
| Lai Yih Footwear 6890.TW | Taiwan | $1.11B | -7% | -11% | 8% | 12.0× | n/a | n/a |
| 361 Degrees International 1361.HK | Hong Kong | $1.34B | -11% | +13% | 14% | 6.1× | -20.3% | +16.0% |
| G-III Apparel GIII | United States | $1.35B | -1% | -9% | 8% | 13.0× | -9.5% | +7.5% |
| Jihua 601718.SS | China | $1.10B | -43% | -22% | -10% | n/a | n/a | n/a |
| Human Made 456A.T | Japan | $1.10B | +39% | +27% | 30% | 45.5× | 7.7% | n/a |
| New Wave NEWA-B.ST | Sweden | $1.36B | +4% | +9% | 11% | 14.4× | n/a | n/a |
| Jiangsu Hongdou Industrial 600400.SS | China | $1.06B | +11% | +22% | -9% | 102.3× | 13.7% | -1.3% |
| Topscore Fashion 603608.SS | China | $1.05B | +28% | +9% | 4% | n/a | 51.6% | -9.4% |
| YoungoneHoldings 009970.KS | South Korea | $1.42B | -11% | +14% | 15% | 6.5× | n/a | n/a |
| Dazzle Fashion 603587.SS | China | $1.03B | +10% | +7% | 16% | 22.1× | -9.2% | -3.5% |
| Stella International 1836.HK | Hong Kong | $1.47B | -10% | +2% | 8% | 11.8× | -9.5% | +6.8% |
| JNBY Design 3306.HK | Hong Kong | $1.47B | +7% | +12% | 20% | 9.4× | -7.4% | +6.9% |
| Zhonghong Pulin Medical Products 300981.SZ | China | $990M | +5% | +11% | 9% | n/a | -1.7% | -13.1% |