Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Stockholm, Sweden-based Refine Group AB (publ), established in 2015, specializes in fostering circular commerce. The company manages various online resale platforms and provides a comprehensive software-as-a-service (SaaS) and logistical infrastructure tailored for Swedish brands. Its operations are segmented into three core divisions: Technology, Logistics, and Ecommerce. Among its offerings, Yaytrade serves as a fashion-focused e-commerce destination where consumers can acquire pre-owned goods, excess inventory, and samples. RE/WAY functions as a digital consignment service, enabling the sale of verified luxury apparel, handbags, footwear, and accessories for both men and women. Furthermore, Spherio Solutions offers both a recommerce portal and associated logistics services for managing surplus stock, product samples, and used articles.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.