Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Founded in 1987 and headquartered in Münster, Germany, United Labels AG is a company dedicated to the creation, manufacturing, and distribution of consumer goods adorned with popular cartoon and character licenses. The firm operates globally, managing its business through two distinct divisions: Key Account and Special Retail. United Labels holds licensing agreements with prominent brands like Peanuts, Warner Bros., Hasbro, Mattel, Z.A.G., and Viacom/Nickelodeon, among others. Their comprehensive product range spans numerous categories. This includes various apparel items such as nightwear, underwear, hosiery, casual wear (trousers, shorts, t-shirts, sweatshirts, pullovers, jackets), and swimwear. They also offer a diverse selection of giftware, from mugs, cereal bowls, and eggcups to crockery, glassware, eyeglass cases, money boxes, cookie jars, figurines, candles, alarm clocks, and clocks. Soft furnishings encompass plush toys, beanbags, cushions, and slippers. For stationery needs, the company provides papers, writing pads, pen boxes, desk pads, pencil cases, bookends, pens, and various storage solutions. Their home textiles line features items like towels, flannels, tea towels, bathrobes, bed linen, pillows, aprons, and serviettes. Additionally, United Labels offers a broad assortment of bags and accessories, including travel bags, sports bags, handbags, backpacks, wallets, belts, hair accessories, caps, scarves, gloves, and key rings. These products reach consumers through a wide distribution network, including direct sales, various retail outlets, e-commerce platforms, specialist retailers, wholesalers, discounters, purchasing associations, and mass-market retailers.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBI