3.78%
0.69%
32.91%
2.39%
-18.41%
-76.12%
-83.84%
AI Spotlight on DOCS
Company Description
Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.Its product segments include originals, fusion, kids, and casual, as well as accessories.The company offers its products under the Dr. Martens brand name.
Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.
Market Data
| Last Price | 72.7 |
| Change Percentage | 3.78% |
| Open | 66.65 |
| Previous Close | 70.05 |
| Market Cap ( Millions) | 701 |
| Volume | 1386712 |
| Year High | 100 |
| Year Low | 49.32 |
| M A 50 | 70.05 |
| M A 200 | 69.6 |
Financial Ratios
| FCF Yield | 19.68% |
| Dividend Yield | 1.36% |
| ROE | 18.91% |
| Debt / Equity | 127.27% |
| Net Debt / EBIDTA | 211.79% |
| Price To Book | 1.92 |
| Price Earnings Ratio | 10.23 |
| Price To FCF | 5.08 |
| Price To sales | 0.8 |
| EV / EBITDA | 6.27 |
News
- Jan -27 - Dr. Martens Makes Progress in US Turnaround Plans, Posts Sales Gains in Q3
- Jan -27 - Dr Martens’ new boss hails ‘progress’ on turnaround plans as losses ease
- Jan -10 - Shuffle Board: Dr. Martens Creative Director Exits, BFC Names Next CEO
- Jan -09 - UK Stocks Conceivably Trading Below Intrinsic Value Estimates In January 2025
- Jan -06 - Dr. Martens’ Global Creative Director Darren McKoy Exits Company After 10 Years
- Jan -06 - Dr. Martens creative director steps down after a decade
- Dec -27 - Central Asia Metals And 2 Other UK Penny Stocks To Consider
- Dec -18 - Griffin Mining And 2 Other Promising Penny Stocks On UK Exchange
- Dec -06 - Shuffle Board: J.Crew Taps Former Skims Exec, Dr. Martens CEO Start Date Slated
- Dec -02 - Three UK Stocks Estimated To Be Trading Below Fair Value By Up To 19%
- Nov -28 - French borrowing costs exceed Greece’s for first time
- Nov -28 - 3 Undervalued Small Caps In UK With Insider Buying
- Nov -28 - Dr Martens falls into the red after sales slump
- Nov -26 - RWS Holdings And 2 More UK Penny Stocks With Promising Potential
- Nov -24 - Dr. Martens plc's (LON:DOCS) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
- Oct -30 - Exploring 3 Undervalued Small Caps In United Kingdom With Insider Action
- Oct -28 - Insider Buying Highlights Undervalued Small Caps In United Kingdom For October 2024
- Oct -28 - RWS Holdings And 2 Other Promising Penny Stocks On UK Exchange
- Oct -04 - Uncovering 3 Undervalued Small Caps In United Kingdom With Insider Activity
- Oct -01 - Top 3 Undervalued Small Caps In The United Kingdom With Insider Action October 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Wholesale
Expected Growth : 4.85 %
What the company do ?
Wholesale from Dr. Martens plc refers to the business segment that sells Dr. Martens footwear and accessories to retailers, distributors, and other intermediaries.
Why we expect these perspectives ?
Strong demand for comfort footwear, increased online sales, and successful product innovations drive Dr. Martens' wholesale growth. Expansion into new markets, particularly in Asia, and strategic partnerships with key retailers also contribute to the 4.85% growth. Furthermore, the brand's focus on sustainability and digital marketing efforts enhance its appeal to environmentally conscious and younger consumers.
Segment n°2 -> Ecommerce
Expected Growth : 10.5 %
What the company do ?
Dr. Martens plc's ecommerce segment offers online shopping experiences, allowing customers to purchase iconic air-cushioned boots and shoes directly from the official website.
Why we expect these perspectives ?
Dr. Martens' 10.5% ecommerce growth driven by strong brand recognition, effective digital marketing, and seamless online shopping experiences. Strategic partnerships with popular online marketplaces and social media platforms also contributed to the growth. Additionally, the company's focus on product innovation, quality, and sustainability resonated with customers, leading to increased online sales and loyalty.
Segment n°3 -> Retail
Expected Growth : 9.33 %
What the company do ?
Dr. Martens plc's Retail segment includes the sale of footwear, apparel, and accessories through its retail stores, e-commerce platforms, and wholesale partners.
Why we expect these perspectives ?
Dr. Martens' 9.33% retail growth is driven by strong e-commerce performance, successful store openings, and effective marketing strategies. The brand's appeal to younger generations, increased focus on comfort and sustainability, and expansion into new markets also contribute to its growth. Additionally, the company's ability to adapt to changing consumer behavior and invest in digital capabilities has enabled it to stay ahead in the competitive retail landscape.
Dr. Martens Plc Products
| Product Range | What is it ? |
|---|---|
| AirWair Boots | Dr. Martens' iconic air-cushioned boots, known for their comfort, durability, and style. |
| Sandals | Comfortable and stylish sandals for warm weather, featuring contoured footbeds and adjustable straps. |
| Shoes | A wide range of shoes, including oxfords, brogues, and loafers, offering comfort and style. |
| Accessories | A variety of accessories, such as bags, belts, and socks, to complement Dr. Martens footwear. |
| Care Products | Specialized care products, including cleaners, conditioners, and protectants, to maintain and protect Dr. Martens footwear. |
Dr. Martens plc's Porter Forces
Threat Of Substitutes
Dr. Martens plc faces moderate threat from substitutes, as customers have alternative options for footwear and accessories. However, the brand's strong reputation and loyal customer base mitigate this threat to some extent.
Bargaining Power Of Customers
Dr. Martens plc's customers have relatively low bargaining power due to the brand's strong market position and loyal customer base. Customers are willing to pay a premium for the brand's products, reducing their bargaining power.
Bargaining Power Of Suppliers
Dr. Martens plc's suppliers have moderate bargaining power due to the company's dependence on a few key suppliers for raw materials. However, the company's strong relationships with suppliers and its ability to negotiate prices mitigate this threat.
Threat Of New Entrants
The threat of new entrants is low for Dr. Martens plc due to the high barriers to entry in the footwear industry, including significant capital requirements and the need for established distribution networks.
Intensity Of Rivalry
The footwear industry is highly competitive, with many established brands competing for market share. Dr. Martens plc faces intense rivalry from competitors such as Vans, Converse, and Adidas, which can lead to pricing pressures and reduced market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 44.30% |
| Debt Cost | 3.99% |
| Equity Weight | 55.70% |
| Equity Cost | 3.99% |
| WACC | 3.99% |
| Leverage | 79.54% |
Dr. Martens plc : Quality Control
Dr. Martens plc passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| RCKY | Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United … |
| TOD.MI | TOD'S S.p.A., together with its subsidiaries, creates, produces, and distributes shoes, leather goods and accessories, and apparel in Italy, rest of Europe, the Americas, Greater China, and internationally. The company … |
| CLAS-B.ST | Clas Ohlson AB (publ) operates as a retail company in Sweden and internationally. It offers hardware, electrical, multimedia, home, and leisure products, as well as spare parts and accessories. The … |
| ALDLT.PA | Delta Plus Group designs, manufactures, and distributes a range of personal protective equipment worldwide. It provides head protection products, including eyewear, skull, hearing, and respiratory protection products; and hand protection … |
| FSKRS.HE | Fiskars Oyj Abp manufactures and markets consumer products in Europe, the Americas, and the Asia Pacific. The company operates through Vita, Terra, Crea, and Other segments. It offers various products … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Clas Ohlson
A-Score
1-Year Total Return ->
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Delta Plus
A-Score
1-Year Total Return ->
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Rocky Brands
A-Score
1-Year Total Return ->
4
Fiskars
A-Score
1-Year Total Return ->
5
TOD'S
A-Score
1-Year Total Return ->
6
