Risk factor
Very poor trading liquidity
Profitability factor
Solid dividends
About
AS MADARA Cosmetics, along with its affiliated companies, manufactures and distributes natural and organic beauty products under its proprietary MADARA and MOSSA labels. Initially focusing on the Baltic and Nordic regions, its extensive portfolio spans numerous personal care items, including facial and body moisturisers, premium makeup lines, advanced mineral-based sunscreens, fragrances, concentrated active ingredient serums, and a variety of other beauty solutions. Beyond its own brands, the firm also undertakes contract manufacturing, producing cosmetic goods for other entities. Its merchandise reaches approximately 30 countries, primarily within the European Union, with sales predominantly conducted through its online retail channels. Established in 2006, the company's main operations are situated in Marupe, Latvia.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA, reasonably priced on