Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Readly International AB (publ) operates an application that offers digital subscription services for magazines and daily newspapers in Sweden and internationally. It offers titles from 1,200 publishers in 17 languages in 50 countries. The company provides unlimited access to approximately 7,500 national and international magazines and newspapers to its customers. It distributes approximately 210,000 issues of magazines and newspaper that have been read 120 million times. The company was incorporated in 2012 and is based in Stockholm, Sweden.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'cheap' on P/E, overvalued on EV/EBITDA,