Pandora A/S/DKr PNDORA
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Pandora A/S
Pandora A/S is a Danish company specializing in the design, manufacture, and sale of jewelry. It is best known for its customizable charm bracelets, but its product offerings also include rings, earrings, and necklaces. Founded in 1982 and headquartered in Copenhagen, Denmark, Pandora has expanded its operations globally, with a significant presence in Europe, North America, and Asia. The company's vertical integration allows it to control its product development process from design to retail. Pandora's strategic positioning is enhanced by its focus on brand recognition and innovation within its product lines.
- Ticker
- DKr PNDORA
- Sector
- Consumer Discretionary
- Primary listing
- CSE
- Employees
- 39,000
- Headquarters
- Copenhagen, Denmark
- Website
- www.pandoragroup.com
Pandora A/S Metrics
BasicAdvanced
kr 58B
12.21
kr 68.21
1.26
kr 22.00
2.64%
Price and volume
Market cap
kr 58B
Beta
1.26
52-week high
kr 904.40
52-week low
kr 430.00
Average daily volume
227K
Dividend rate
kr 22.00
Financial strength
Current ratio
0.835
Quick ratio
0.27
Long term debt to equity
3.227
Total debt to equity
3.845
Dividend payout ratio (TTM)
31.94%
Interest coverage (TTM)
8.80%
Profitability
EBITDA (TTM)
8,854
Gross margin (TTM)
78.76%
Net profit margin (TTM)
15.88%
Operating margin (TTM)
23.67%
Effective tax rate (TTM)
25.11%
Revenue per employee (TTM)
kr 830,000
Management effectiveness
Return on assets (TTM)
17.07%
Return on equity (TTM)
131.23%
Valuation
Price to earnings (TTM)
12.206
Price to revenue (TTM)
1.932
Price to book
14.36
Price to tangible book (TTM)
-14.62
Price to free cash flow (TTM)
10.069
Free cash flow yield (TTM)
9.93%
Free cash flow per share (TTM)
82.691
Dividend yield (TTM)
2.64%
Forward dividend yield
2.64%
Growth
Revenue change (TTM)
-0.12%
Earnings per share change (TTM)
0.04%
3-year revenue growth (CAGR)
6.51%
10-year revenue growth (CAGR)
5.69%
3-year earnings per share growth (CAGR)
8.89%
10-year earnings per share growth (CAGR)
5.00%
3-year dividend per share growth (CAGR)
11.20%
10-year dividend per share growth (CAGR)
5.40%
Bulls say / Bears say
Pandora’s Q2 organic growth improved to 3%, and management raised its 2026 organic-growth outlook to 0–3%. The upgrade, alongside mid-single-digit like-for-like trading early in Q3, suggests its growth reset may be starting to gain traction. (Pandora)
Newer, more design-led collections are showing promise: Pandora said its “Fuel With More” ranges grew faster, and new customers were disproportionately Gen Z. If that appeal broadens, it could help refresh the customer base beyond its established charm products. (WWD)
Pandora’s new Vietnam factory adds production flexibility and reduces its long-standing reliance on Thailand. The site is expected to reach about one-third of manufacturing capacity by 2030, giving the company room to diversify its supply chain as it grows. (Moneyweb)
Demand remains weak among US middle- and lower-income shoppers, who face pressure from inflation and fuel costs. Pandora’s CEO said US demand had stabilised at a low level, not recovered. (Moneyweb)
The Q2 margin improvement overstates the underlying picture: a one-off tariff refund added 250 basis points to EBIT margin, while the margin was broadly flat year on year without it. Ongoing tariffs, commodities and currency movements continued to weigh on costs. (Pandora)
Pandora faces higher silver costs in 2027 despite locking in much of its supply at about $65 an ounce. Its planned shift towards platinum-plated jewellery may reduce that exposure, but executing the change while preserving the brand’s appeal remains a risk. (MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Upcoming events
No upcoming events
Funds containing Pandora A/S
AllEURUSDGBP
Fund name | Fund size | DKr PNDORA weighting |
|---|---|---|
iShares STOXX Europe 600 Personal & Household Goods€EXH7 | €188M | 1.06% |
Xtrackers MSCI Nordic£XDN0 | €1.1B | 0.65% |
iShares STOXX Europe Mid 200€EXSD | €610M | 0.52% |
iShares MSCI Europe SRI£IESG | €3.2B | 0.28% |
iShares MSCI Europe SRI€IESE | €3.2B | 0.28% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.