Risk factor
High price volatility
Profitability factor
Greatly undervalued vs peers
About
Accent Group Limited operates as a retailer, distributor, and franchisor of lifestyle footwear, clothing, and accessories across Australia and New Zealand. The company manages an extensive portfolio of well-known brands and banners, including The Athlete's Foot, Platypus Shoes, Hype DC, Skechers, Merrell, CAT, Vans, Dr. Martens, Saucony, Timberland, Hoka One One, Superga, Kappa, Palladium, Supra, Subtype, The Trybe, Stylerunner, Glue Store, and Autry. Its significant operations encompass 760 physical stores and 36 online platforms, organized under 26 distinct retail banners. Furthermore, Accent Group holds exclusive distribution agreements for 18 international brands. Founded in 1981 and headquartered in Richmond, Australia, the company was previously known as RCG Corporation Limited before officially adopting the name Accent Group Limited in November 2017.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of AX1.AX is 0.73 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio