Moncler S.p.A. (MONC) AI Stock Analysis

• Market Cap: €13.43B
• Dividend Yield: 2.32%
• Average Volume (3M): 1.03M
• Price to Earnings (P/E): 21.9
• Beta (1Y): 1.02
• Revenue Growth: 0.87%
• EPS Growth: -5.61%
• Country: US
• Employees: 7,354
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.35
• Shares Outstanding: 274,805,970
• 10 Day Avg. Volume: 1,129,465
• 30 Day Avg. Volume: 1,033,976
• PEG Ratio: 5.44
• Price to Book (P/B): 3.85
• Price to Sales (P/S): 4.44
• P/FCF Ratio: 16.57
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €58.71
• Price Target Upside: 18.32% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: €56.00 ▲(12.86% Upside)

Moncler S.p.A. achieves a solid overall stock score driven by its strong financial performance and robust cash flow generation. While the technical analysis indicates bullish momentum, overbought conditions suggest caution. The valuation is slightly high, but the dividend yield offers some compensation. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Strong cash flow generation

Operating cash flow above reported net income and FCF growth of 12.7% indicate high-quality, repeatable cash generation. Durable cash conversion supports sustained reinvestment in retail and digital, funds dividends or buybacks, and provides a buffer through cyclical downturns.

Robust profitability and margins

Very high gross and strong net margins reflect meaningful pricing power and efficient cost structure in the luxury segment. These durable unit economics support cash generation and resilience to input cost swings, enabling consistent profitability across product cycles.

Conservative leverage and strong capital structure

Low leverage combined with a high equity ratio and solid ROE provides financial flexibility for strategic investments, bolt-on M&A, or capital returns without stressing liquidity. A conservative balance sheet materially reduces solvency risk over multiple cycles.

Negative Factors

Negative EPS growth

A decline in EPS indicates per-share profitability has weakened despite broad revenue and margin strengths. Persisting EPS contraction can erode shareholder returns, limit capacity for earnings-driven buybacks, and may signal margin pressure or non-recurring costs that need monitoring.

Slight decline in total assets

A year-over-year reduction in total assets may reflect lower investment, inventory optimization, or slower expansion. Over the medium term this can constrain growth capacity in retail/network expansion or supply-chain scaling, limiting topline momentum if not reversed.

Limited forward disclosure / guidance

Absence of guidance and empty earnings highlights reduce forward visibility for investors and analysts. Over a multi-quarter horizon, limited management disclosure makes it harder to assess execution on strategy, capital allocation plans, and expected cadence of growth initiatives.

Moncler S.p.A. Business Overview & Revenue Model

Company Description

Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names. Its product portfolio includes footwear products; leather goods, such as bags, backpacks, and accessories; and sunglasses, eyeglasses, frames, and men's and women's ski goggles under the Moncler Lunettes brand. The company also offers perfume for men and women. As of December 31, 2021, it operated 237 retail directly operated stores and 64 wholesale shop-in-shops. The company also sells its products through moncler.com, an online store. It serves in Italy, other European countries, Japan, the rest of Asia, and the Americas. The company was formerly known as Moncler S.r.l. and changed its name to Moncler S.p.A. in October 2013. Moncler S.p.A. was founded in 1952 and is headquartered in Milan, Italy.

How the Company Makes Money

Moncler generates revenue primarily through the sale of its luxury apparel and accessories, with a significant focus on its iconic down jackets. The company's revenue model is driven by direct-to-consumer sales via its global network of retail stores and e-commerce platforms, as well as wholesale distribution to select high-end department stores and boutiques. Key revenue streams include seasonal collections, collaborations with designers, and limited-edition releases that create exclusivity and drive demand. Additionally, Moncler's strategic partnerships with luxury retailers and participation in high-profile fashion events enhance brand visibility and attract a broader customer base, contributing to its overall earnings.

Moncler S.p.A. Financial Statement Overview

Summary

Moncler S.p.A. demonstrates strong financial performance with robust profitability, efficient cost management, and impressive cash flow generation. The company maintains a conservative leverage position and a strong capital structure, which supports its growth potential in the luxury apparel industry.

Income Statement

Moncler S.p.A. demonstrates robust profitability with a consistent increase in revenue, evident from a revenue growth rate of approximately 4.2% in the latest year. The gross profit margin is strong at 78% for the latest annual period, reflecting efficient cost management. The net profit margin stands at 20.6%, indicating solid bottom-line performance. Both EBIT and EBITDA margins are healthy, reflecting operational efficiency and the company's ability to generate earnings before interest, taxes, depreciation, and amortization. Overall, the income statement portrays a company with strong profitability and growth potential.

Balance Sheet

Moncler S.p.A. maintains a conservative leverage position with a debt-to-equity ratio of 0.26, indicating low reliance on debt financing. The company reports a high equity ratio of 78.9%, demonstrating a strong capital structure with significant equity backing its total assets. Return on equity (ROE) is impressive at 17.8%, reflecting efficient use of shareholders' equity to generate profits. The balance sheet showcases financial stability and a solid foundation for growth, although there is a slight decline in total assets year-over-year.

Cash Flow

Moncler S.p.A. exhibits strong cash flow generation, with operating cash flow exceeding net income, indicating high-quality earnings. The free cash flow shows a growth rate of 12.7%, highlighting the company's ability to generate excess cash after capital expenditures. Both the operating cash flow to net income ratio and free cash flow to net income ratio are favorable, suggesting efficient cash management. Overall, the cash flow statement reflects a robust cash position, enabling potential reinvestment and shareholder returns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.10B	3.11B	2.98B	2.60B	2.05B	1.44B
Gross Profit	2.33B	2.43B	2.30B	1.76B	1.37B	913.93M
EBITDA	1.14B	1.25B	1.19B	1.04B	827.47M	569.52M
Net Income	612.32M	639.60M	611.93M	606.70M	393.53M	300.35M
Balance Sheet
Total Assets	5.12B	5.50B	4.99B	4.64B	4.27B	2.76B
Cash, Cash Equivalents and Short-Term Investments	890.19M	1.19B	998.80M	882.25M	932.72M	923.50M
Total Debt	958.99M	957.31M	848.59M	912.78M	913.92M	713.27M
Total Liabilities	1.73B	1.92B	1.78B	1.74B	1.77B	1.13B
Stockholders Equity	3.39B	3.59B	3.21B	2.90B	2.50B	1.63B
Cash Flow
Free Cash Flow	705.45M	832.37M	738.44M	492.72M	733.49M	313.89M
Operating Cash Flow	918.42M	1.02B	914.87M	662.58M	865.31M	406.45M
Investing Cash Flow	-212.34M	-267.43M	-174.07M	-167.10M	-621.41M	-90.37M
Financing Cash Flow	-581.48M	-535.17M	-596.63M	-391.25M	-345.18M	-151.54M

Moncler S.p.A. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 49.62
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:MONC, the sentiment is Negative. The current price of 49.62 is below the 20-day moving average (MA) of 52.81, below the 50-day MA of 55.34, and below the 200-day MA of 52.17, indicating a bearish trend. The MACD of -1.68 indicates Positive momentum. The RSI at 24.99 is Positive, neither overbought nor oversold. The STOCH value of 14.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IT:MONC.

Moncler S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MONC	74 Outperform	€13.43B	21.94	18.89%	2.32%	0.87%	-5.61%
ICOS	65 Neutral	€1.20B	25.32	―	1.79%	9.02%	4.80%
BC	62 Neutral	€5.58B	42.27	28.41%	0.95%	10.35%	15.89%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SFER	55 Neutral	€1.16B	-8.86	-20.18%	1.24%	-8.65%	-1512.63%
AEF	52 Neutral	€25.84M	2.30	17.31%	―	―	―
GEO	43 Neutral	€111.32M	-4.21	-25.42%	―	-5.49%	-62.25%