PNDZF (Pandora AS) Total Operating Expense: $2,784 Mil (TTM As of Mar. 2026)


PNDZF Pandora AS PNDZF
71 GF Score
Price $109.00
GF Value $186.85
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Pandora AS Total Operating Expense?

Pandora AS PNDZF 71 Total Operating Expense is $2,784 Mil as of Mar. 2026. GuruFocus rates PNDZF with a GF Score™ of 71/100 and a GF Value™ of $186.85 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Pandora AS's Total Operating Expense for the three months ended in Mar. 2026 was $644 Mil. Pandora AS's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $2,784 Mil.

Pandora AS Total Operating Expense Related Terms

Pandora AS Total Operating Expense Historical Data

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The historical data trend for Pandora AS's Total Operating Expense 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.

Pandora AS Total Operating Expense Chart

Pandora AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,818.11 1,914.74 2,207.23 2,431.17 2,816.38

Pandora AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 618.90 667.90 643.18 828.58 644.05
PNDZF
71GF Score
Pandora AS PNDZF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Pandora AS Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,784 Mil.

* 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.

What does a Total Operating Expense of $2,784 Mil mean?
Pandora AS (PNDZF) has a Total Operating Expense of $2,784 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Pandora AS and its competitors.
Is Pandora AS's Total Operating Expense too high?
Pandora AS's current Total Operating Expense is $2,784 Mil. Overall, Pandora AS has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's Total Operating Expense compare to TPR and SIG?
Pandora AS's Total Operating Expense of $2,784 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Retail - Cyclical company?
A good Total Operating Expense depends on the Retail - Cyclical industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Pandora AS and its competitors. Pandora AS's current Total Operating Expense is $2,784 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (PNDZF) is currently considered Significantly Undervalued. The stock's GF Value™ is $186.85, compared to a current price of $109.00 — trading 41.7% below its estimated fair value. The current Total Operating Expense is $2,784 Mil. Pandora AS's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Pandora AS (PNDZF), the current Total Operating Expense is $2,784 Mil 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 Pandora AS (PNDZF) Overvalued in 2026?

Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued. The current stock price of $109.00 is trading 41.7% below its estimated GF Value™ of $186.85. GuruFocus considers Pandora AS to be Significantly Undervalued.

Key valuation signals for PNDZF:

  • Total Operating Expense: $2,784 Mil
  • GF Value™: $186.85 vs. price of $109.00 (41.7% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the PNDZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pandora AS Business Description

Address Havneholmen 17-19, Copenhagen, DNK, DK-1561
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
71GF Score

Get the complete analysis for PNDZF

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$109.00
Price
$186.85
GF Value