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MYTE - Mytheresa: Our Update For This Promising Company
October, 03 2021 07:29 AM
MYT Netherlands Parent B.V. American Depositary Shares each representing one
MYTE continues to grow its customer base and revenue, and the market potential remains enormous. Due to the growing customer base and decreasing CAC, the company can reduce selling & marketing expenses as a percentage of revenue in the long run. The Curated Platform Model could be an important driver for business revaluation as MYTE becomes more like a marketplace than a retailer. CPM implementation can significantly optimize inventory management and improve capital efficiency. According to our valuation, the upside potential to the fair price is over 30%. We maintain a bullish position in stocks. For further details see:
Mytheresa: Our Update For This Promising Company
Stock Information
Company Name:
MYT Netherlands Parent B.V. American Depositary Shares each representing one
Stock Symbol:
MYTE
Market:
NYSE
Website:
mytheresa.com
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