Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Refine Group AB (publ) operates resale marketplaces and develops a SaaS platform and logistics solution for brands companies in Sweden. The company operates through three business areas: Technology, Logistics, and Ecommerce. It offers Yaytrade, a fashion-tech e-commerce platform for consumers to buy second-hand, overstock, and samples; RE/WAY, an online consignment platform for men's and women's authenticated luxury clothing, bags, shoes, and accessories; and Spherio Solutions, a recommerce website and logistics for outgoing stock, samples, and second-hand items. The company was incorporated in 2015 and is based in Stockholm, Sweden.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA.
