Puma SEFRA:PUM -7.59%68 EBITDA Margin % is 2.78% as of Mar. 2026, which is 73% below its 10-year median of 10.49. GuruFocus rates FRA:PUM with a GF Score™ of 68/100 and a GF Value™ of €31.95 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Puma SE ranks worse than 85.62% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Puma SE's EBITDA for the
three
months ended in Mar. 2026 was €52 Mil. Puma SE's Revenue for the
three
months ended in Mar. 2026 was €1,864 Mil. Therefore, Puma SE's EBITDA margin for the quarter that ended in Mar. 2026 was 2.78%.
Puma SE (FRA:PUM) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Puma SE EBITDA Margin % Related Terms
Puma SE EBITDA Margin % Historical Data
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The historical data trend for Puma SE's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:PUM vs NKE, DECK, ONON: EBITDA Margin % Comparison
For the Footwear & Accessories subindustry, Puma SE's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Puma SE EBITDA Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Puma SE's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Puma SE's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Puma SE (FRA:PUM) has a EBITDA Margin % of 2.78% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Puma SE and its competitors. This is 73% below median its historical median of 10.49. According to the industry distribution chart, Puma SE ranks #893 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.6%.
Is Puma SE's EBITDA Margin % too high?
Puma SE's current EBITDA Margin % of 2.78% is 73% below median its 10-year median of 10.49. The Manufacturing - Apparel & Accessories industry median EBITDA Margin % is 8.39. Puma SE's value of 2.78% is 66.9% below this industry median. Based on the distribution chart, Puma SE ranks #893 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Puma SE has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Puma SE's EBITDA Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Puma SE ranks #893 out of 1043 companies for EBITDA Margin %. This places Puma SE in the lower half of its industry. The industry median EBITDA Margin % is 8.39. Puma SE's value of 2.78% is 66.9% below this benchmark. While the company's 10-year median is 10.49 vs. the industry median of 8.39, Puma SE has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Manufacturing - Apparel & Accessories company?
The median EBITDA Margin % among Manufacturing - Apparel & Accessories companies is 8.39, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Puma SE's current EBITDA Margin % of 2.78% is 66.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Puma SE and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EBITDA Margin % is 8.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Puma SE's current EBITDA Margin % is 2.78%, which is 73% below median its own 10-year median of 10.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puma SE stock overvalued right now?
Based on GuruFocus' analysis, Puma SE (FRA:PUM) is currently considered Modestly Undervalued. The stock's GF Value™ is €31.95, compared to a current price of €26.05 — trading 18.5% below its estimated fair value. The current EBITDA Margin % is 2.78%, which is 73% below median its 10-year median of 10.49 and 66.9% below the Manufacturing - Apparel & Accessories industry median of 8.39. Puma SE's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Puma SE (FRA:PUM), the current EBITDA Margin % is 2.78% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Puma SE (FRA:PUM) Overvalued in 2026?
Based on GuruFocus' analysis, Puma SE stock appears to be undervalued.
The current stock price of €26.05 is trading 18.5% below its estimated GF Value™ of €31.95.
GuruFocus considers Puma SE to be Modestly Undervalued.
Key valuation signals for FRA:PUM:
EBITDA Margin %: 2.78% (73% below median its 10-year median of 10.49)
GF Value™: €31.95 vs. price of €26.05 (18.5% below fair value)
Industry Position: 66.9% below the Manufacturing - Apparel & Accessories median (#893 of 1043)
No single metric tells the full story. See the FRA:PUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (56% of 2025 sales) is its largest category, followed by apparel (32%) and accessories (12%). Puma also licenses its name for fragrances, eyewear, and watches. Most of its sales are through wholesale partners (68% of 2025 sales), with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (43% of 2025 sales), the Americas (35%), and Asia-Pacific (22%). China-based competitor Anta is in the process of acquiring 29% of Puma's outstanding shares.
68GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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