Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Mulberry Group plc, operating internationally through its various subsidiaries, specializes in the design and production of high-end fashion accessories and apparel. The company maintains a significant presence across the United Kingdom, the Asia Pacific region, and numerous other global markets. Its comprehensive product line, catering to both men and women, encompasses a wide array of items including diverse bags like briefcases, messenger bags, backpacks, luggage, holdalls, and various other travel essentials. Additionally, it offers small leather goods such as wallets, purses, and pouches, alongside a broad selection of accessories including sunglasses, scarves, gloves, hats, belts, cufflinks, keyrings, shoes, and jewelry. The portfolio further extends to organizers, specialized leather care products, gift items, ready-to-wear clothing, and eyewear. Products bearing the distinctive Mulberry brand are distributed via multiple channels, including the company's proprietary retail stores, dedicated concessions, wholesale partnerships, and its e-commerce platform. Founded in 1971, Mulberry Group plc is headquartered in Bath, United Kingdom, and operates as a subsidiary of Challice Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, overvalued on
Target Price
The average target price of MUL.L is 160 and suggests 32.2% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d