가격과 가치 비교
- Price
- $119.22
- Fair value
- $228.48
- Potential value
- $281.62
- As of
- 주가 기준일이 기록되지 않았습니다
투자 논리가 성립할 수 있는 이유
Bull: Brand equity sustains premium pricing, international expansion accelerates, and the men's category drives mid-to-high single digit revenue growth, rapidly restoring valuation multiple expansion.
관점을 바꿀 요인
DTC Moat Erosion: Upstart competitors successfully bifurcate the premium athleisure market, forcing sustained promotional activity and driving gross margins structurally below 50%.
Lululemon remains a high-quality compounder with exceptional ROIC (25.8%) and solid operating margins (20%+). However, a near-term growth digestion phase—evidenced by expected negative EPS growth in the current year—requires anchoring revenue and earnings to realistic lower-single digit growth paths before assuming trend stabilization.
Lululemon remains a high-quality compounder with exceptional ROIC (25.8%) and solid operating margins (20%+). However, a near-term growth digestion phase—evidenced by expected negative in the current year—requires anchoring and earnings to realistic lower-single digit growth paths before assuming trend stabilization.
