BIRKBirkenstock Holding plc

$32.97-33% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 74 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Birkenstock Holding plc scores higher than 83% of the 1,794 companies Ryufin scores.

Carried by valuation and return on new capital, held back by return on capital.

Consumer Cyclical median 67 · all companies 57

Valuation

26% of the score, 30% here after data gaps

83median 56

Birkenstock Holding plc is valued at 13.8x its operating profit before acquisition amortisation (EBITA), including debt: an ordinary multiple.

60x
50x
35x
25x
18x
12x
8x
13.8x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score, 20% here after data gaps

36median 34

Over 3 years the business earned 6.9% a year after tax on the capital it uses.

2%
8%
15%
25%
6.9%
None at 2% or less, full points from 25%full points
Return on capital by year
3 years agolatest 9.8%

Return on new capital

16% of the score, 18% here after data gaps

100median 49

For every dollar of operating profit earned over 4 years, yearly profit grew by 14 cents. It did so while using less capital than before.

-5%
12%
14%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score, 16% here after data gaps

72median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 0.7% a year over 3 years: new shares
54
5%
-3%
0.7%
0 pointsfull points
Assets against salesAssets grew 1.1% a year, sales 19%
100
12%
-2%
-18%
0 pointsfull points

Cycle position

Taken out: its 12% is shared by the others

n/ano data

Fewer than five years of margins on file.

Balance sheet

8% of the score, 9% here after data gaps

74median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA1.3x a year of EBITDA
79
4.5x
0.5x
1.3x
0 pointsfull points
Interest coverOperating profit covers interest 9x
70
1.5x
12x
8.8x
0 pointsfull points

Earnings quality

6% of the score, 7% here after data gaps

82median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.91x profit over 3 years
100
0.7x
1x
1.3x
1.9x
0 pointsfull points
AccrualsCash ran ahead of profit by 0.7% of assets
64
8%
0%
-8%
-0.7%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For BIRK, cycle position could not be measured from the filings, so it is taken out and the remaining weights scale up.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2025-12-31, latest annual report FY2025.