Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Founded in 1987 and headquartered in Christchurch, New Zealand, KMD Brands Limited, along with its subsidiaries, designs, markets, distributes, and sells apparel, footwear, and equipment. These products, aimed at surfing and outdoor enthusiasts, are offered under its signature Kathmandu, Rip Curl, and Oboz brands across a wide international footprint that includes New Zealand, Australia, North America, Europe, Southeast Asia, and Brazil. The company officially adopted its current name, KMD Brands Limited, in March 2022, having previously been known as Kathmandu Holdings Limited.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is neutral on EV/EBITDA, underpr