Lovisa Holdings Ltd LOV

Morningstar Rating
A$25.83 +0.52 (2.05%)
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Company Report

Lovisa's Global Store Rollout and Strong Start to Fiscal 2027 Lift Investor Expectations

Lovisa retails fast-fashion jewelry with a target customer base of fashion-conscious 25- to 45-year-olds. Its supply chain is vertically integrated; Lovisa develops, sources and merchandizes its own products. In fast fashion, speed to market is of the essence. From design to hitting the stores, its takes Lovisa up to 10 weeks and on average, over 100 new product lines arrive in stores weekly. Inventories are monitored daily, and in-demand products can be resupplied within six weeks. From its regional warehouses, most products are distributed by airfreight to reach end markets quickly.

Price vs Fair Value

LOV is trading within a range we consider fairly valued.
Price
A$25.83
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

A fragmented global affordable jewelry market should enable Lovisa to take market share over the next decade and generate significant profits.

Bears

Lovisa’s growth is underpinned by store rollouts. This risks oversaturation, diminished new store economics, and cannibalization of existing store sales.

Trading Information

Previous Close Price
A$25.31
Day Range
A$25.30–25.89
52-Week Range
A$19.30–39.33
Bid/Ask
A$25.75 / A$25.99
Shares Outstanding
110.74M
Market Cap
A$2.86B
Volume/Avg
169,633 / 421,289

Key Statistics

Price/Earnings (Normalized)
27.55
Price/Sales
2.99
Dividend Yield (Trailing)
3.33%
Dividend Yield (Forward)
3.33%
Dividend Payment Schedule
Mar, Oct
Total Yield
3.33%

Company Profile

Lovisa is a global fast-fashion retailer specializing in jewelry. A vertically integrated supply chain allows it to develop, source, and merchandise its exclusive products. Its target customer base is millennials seeking affordable and fashionable jewelry or receiving it as gifts. Lovisa’s global network of own-operated and franchised stores span across more than 30 countries. Lovisa’s sales growth record is largely underpinned by global store rollouts. The store format and offering is standardized globally, with stores typically in shopping centers and malls with relatively high foot traffic and sales per square meter. Lovisa also operates online stores and in-store piercing services in all its jurisdictions.
Sector
Consumer Cyclical
Industry
Specialty Retail
Stock Style Box
Mid Core
Total Number of Employees
—

Competitors

Valuation

Metric
LOV
PMV
PNDORA
Price/Earnings (Normalized)
27.5515.5112.26
Price/Book Value
35.952.2214.27
Price/Sales
2.992.581.91
Price/Cash Flow
12.059.697.77
Price/Earnings
LOV
PMV
PNDORA

Financial Strength

Metric
LOV
PMV
PNDORA
Quick Ratio
0.432.060.27
Current Ratio
0.842.780.84
Interest Coverage
6.2112.336.64
Quick Ratio
LOV
PMV
PNDORA

Profitability

Metric
LOV
PMV
PNDORA
Return on Assets (Normalized)
——18.11%
Return on Equity (Normalized)
——129.22%
Return on Invested Capital (Normalized)
——28.66%
Return on Assets
LOV
PMV
PNDORA

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