Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
The Platform Group AG is a software enterprise dedicated to operating online marketplaces for both business-to-business (B2B) and business-to-consumer (B2C) clients. Its activities are structured across four main divisions: Consumer Goods, Freight Goods, Industrial Goods, and Service & Retail Goods. The company manages a diverse range of digital platforms serving various industries, including fashion (shoes, apparel, bags, jewelry), mobility (bicycles, automotive, e-mobility), industrial machinery, home furnishings, education, specialized services (pharmacy, dental, hairdressers), forestry, gardening, and sustainability initiatives. Geographically, it maintains a significant presence in Germany, the Netherlands, Austria, Switzerland, France, Italy, Spain, the United Kingdom, Poland, Belgium, Ireland, and numerous other international markets. Established in 1882, the firm is based in Düsseldorf, Germany, and was previously known as Fashionette AG before adopting its current name in November 2023.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT