LOVISA HOLDINGS LIMITED (LOV)
Share Price Analysis and Chart

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LOV

LOV - LOVISA HOLDINGS LIMITED

FNArena Sector : Retailing
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 1.83
Index: ASX200 | ASX300 | ALL-ORDS

Lovisa is an Australian retailer of fashion jewellery and accessories. It has stores in Australia, New Zealand, Asia, Europe and South Africa, but management is constantly on the look out to enter more geographies. The company has been listed since 2014. Has been one of the fastest growing retailers on the ASX since.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$40.76

12 Sep
2025

-0.610

OPEN

$41.08

-1.47%

HIGH

$41.21

141,946

LOW

$40.45

TARGET
$40.414 -0.8% downside
OTHER COMPANIES IN THE SAME SECTOR
ATG . KGN .
FNARENA'S MARKET CONSENSUS FORECASTS
LOV: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 78.1 100.8 xxx
DPS (cps) xxx 77.0 87.6 xxx
EPS Growth xxx 3.6% 29.0% xxx
DPS Growth xxx - 11.5% 13.7% xxx
PE Ratio xxx N/A 40.4 xxx
Dividend Yield xxx N/A 2.1% xxx
Div Pay Ratio(%) xxx 98.6% 86.9% xxx

Dividend yield today if purchased 3 years ago: 3.26%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.89

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 13/09 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx78.1
DPS All xxxxxxxxxxxxxxx77.0
Sales/Revenue xxxxxxxxxxxxxxx798.1 M
Book Value Per Share xxxxxxxxxxxxxxx70.9
Net Operating Cash Flow xxxxxxxxxxxxxxx207.9 M
Net Profit Margin xxxxxxxxxxxxxxx10.82 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx108.71 %
Return on Invested Capital xxxxxxxxxxxxxxx19.70 %
Return on Assets xxxxxxxxxxxxxxx14.02 %
Return on Equity xxxxxxxxxxxxxxx108.71 %
Return on Total Capital xxxxxxxxxxxxxxx32.30 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx50.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx83 M
Long Term Debt xxxxxxxxxxxxxxx417 M
Total Debt xxxxxxxxxxxxxxx500 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx29 M
Price To Book Value xxxxxxxxxxxxxxx43.57

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx61.4 M
Capex % of Sales xxxxxxxxxxxxxxx7.69 %
Cost of Goods Sold xxxxxxxxxxxxxxx492 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx142 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.1

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

28/08/2025

3

Upgrade to Neutral from Sell

$42.50

4.27%

Lovisa Holdings' FY25 net profit of $86.3m missed Citi's forecast by -5% and consensus by -5.4%, and final dividend of 27c also missed both.

Costs were higher than expected and the broker is forecasting 20% increase in cost of doing business in FY26. Operating leverage will remain an uncertainty until the company is able to extract significant leverage on its fixed cost base, commentary suggests.

A key positive is acceleration in global store rollouts, which makes it difficult to underweight the stock, the broker reckons. 

Emerging Australia/NZ competition is a risk, but offset by strength in rest of the world, and potential upside catalyst comes from Claire’s situation. FY26 net profit forecast trimmed by -1% but FY27 increased by 3%.

Target lifted to $42.50 from $22.98 on change in valuation methodology to high-growth offshore names. Rating upgraded to Neutral from Sell.

FORECAST
Citi forecasts a full year FY26 dividend of 88.60 cents and EPS of 104.10 cents.
Citi forecasts a full year FY27 dividend of 106.20 cents and EPS of 124.90 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Canaccord Genuity

03/09/2025

3

Hold

$37.60

-7.75%

Canaccord Genuity reiterates Lovisa Holdings' gross margin execution is outstanding, with sourcing/pricing discipline delivering powerful operating leverage. FY25 gross margin came at 82% in line with the broker's forecast, and up 20bps vs consensus.

Elevated cost of doing business, particularly in 2H25, weighed on EBIT margins despite strong revenue growth. Sales growth accelerated towards the end of FY25, with 2H25 registering 20% y/y growth vs 9% in 1H.

Store rollouts accelerated in 2H25, and FY25 saw net store growth of 131. In the first 8 weeks of FY26, store counts increased by a net 10, taking the network total to 1,041, with sales momentum also picking up pace.

The broker lifted FY26 EBITDA by 5% and FY27 by 2%.

Hold. Target rises to $37.60 from $28.70.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 89.30 cents and EPS of 94.00 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 97.30 cents and EPS of 108.00 cents.
Access Extra Coverage Research History >

LOV STOCK CHART

FNArena News on LOV

1
In Case You Missed It – BC Extra Upgrades & Downgrades – 05-09-25

Sep 05 2025 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Sep 04, 2025

Sep 04 2025 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Sep 03, 2025

Sep 03 2025 - Daily Market Reports
4
August In Review: Banks & Golds Drive Rally

Sep 03 2025 - Australia
5
Weekly Ratings, Targets, Forecast Changes – 29-08-25

Sep 01 2025 - Weekly Reports

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