# Birkenstock Holding plc (BIRK) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Cyclical. Price $34.00, market value $5.6 billion.

## Valuation
- **P/E (trailing): 16.0×** (5-yr avg 36.3×, 3-yr avg 36.3×). Birkenstock Holding plc trades at 16.0× trailing earnings, well below its own five-year average of 36.3×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 12.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.15**. A PEG of 0.15 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.1×**. Each dollar of revenue is priced at 2.1×.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 8.4×**. Enterprise value is 8.4× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 6.0%** (5-yr avg 3.8%). Free cash flow equals 6.0% of the market value, above its five-year average of 3.8%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 6.2%**. The inverse of the P/E: 6.2% of the price is earned each year.

## Profitability
- **Gross margin: 56.9%**. Birkenstock Holding plc keeps 56.9% of revenue after the direct cost of what it sells.
- **Operating margin: 24.9%**. 24.9% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 16.6%**. 16.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.8%**. 12.8% on shareholders' equity is solid.
- **Return on invested capital: 11.9%**. Return on all capital, debt included, is 11.9%.
- **Return on assets: 6.8%**. Each dollar of assets produces 6.8% of profit.

## Growth
- **Revenue growth (1 yr): 16.2%** (3-yr 19.1%/yr). Revenue grew 16.2% over the last year.
- **EPS growth (1 yr): 83.3%** (3-yr 22.4%/yr). Earnings per share rose 83.3%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 23.5%/yr**. Free cash flow has compounded at 23.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.42**. Debt is 0.42 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.2×**. It would take 1.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 6.1×**. Operating profit covers interest 6.1× over, a safe margin.
- **Altman Z-score: 3.08**. A Z-score of 3.08 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Birkenstock Holding plc does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (20 analysts). 20 analysts cover Birkenstock Holding plc; the consensus is buy, with an average price target of $54.09 (+59% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -32.8%** (YTD -16.9%, 3-mo -19.7%). The shares are down 32.8% over twelve months including dividends.
- **From 52-week high: -33.0%** (9.3% above the low). Trading 33% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): 1.27** (volatility 51%). Beta of 1.27 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BIRK · Page: https://foliofundamentals.com/stocks/birk

Not investment advice.