Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Mister Spex SE operates as a prominent eyewear retailer throughout various European nations, including Germany, Austria, Finland, France, the Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom. The company's comprehensive product offering includes prescription spectacles, trendy sunglasses, and contact lenses. These items, featuring independent and private labels as well as a selection of premium and luxury brands, are distributed via several channels: its extensive online platforms, dedicated retail stores, and a collaborative network of partner opticians. Mister Spex SE currently oversees around 48 physical "brick and mortar" stores located across Germany, Austria, and Sweden. Founded in 2007, the company's corporate headquarters are situated in Berlin, Germany.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is of fair value on EV/EBITDA.
Target Price
The average target price of MRX.F is 2.86 and suggests 162% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr