Consumer Cyclical -
Luxury Goods - NYSE - DE
$ 9.39
11.5 %
$ 801 M
Market Cap
-21.84
P/E
1. INTRINSIC VALUE
Balance Sheet
MYT Netherlands Parent B.V.
| Current Assets | 443 M |
| Cash & Short-Term Investments | 15.1 M |
| Receivables | 12.9 M |
| Other Current Assets | 415 M |
| Non-Current Assets | 254 M |
| Long-Term Investments | 0 |
| PP&E | 89.1 M |
| Other Non-Current Assets | 165 M |
| Current Liabilities | 218 M |
| Accounts Payable | 85.3 M |
| Short-Term Debt | 9.28 M |
| Other Current Liabilities | 123 M |
| Non-Current Liabilities | 43.3 M |
| Long-Term Debt | 40.5 M |
| Other Non-Current Liabilities | 2.8 M |
EFFICIENCY
Earnings Waterfall
MYT Netherlands Parent B.V.
| Revenue | 841 M |
| Cost Of Revenue | 456 M |
| Gross Profit | 385 M |
| Operating Expenses | 406 M |
| Operating Income | -22 M |
| Other Expenses | 2.96 M |
| Net Income | -24.9 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
MYT Netherlands Parent B.V.
| Net Income | -24.9 M |
| Depreciation & Amortization | 15.2 M |
| Capital Expenditures | -11.8 M |
| Stock-Based Compensation | 18.5 M |
| Change in Working Capital | 11.2 M |
| Others | 17.7 M |
| Free Cash Flow | -1.79 M |
Wall Street Analysts Price Targets
MYT Netherlands Parent B.V.
Wall Street analysts predict an average 1-year price target for MYTE of $11.2 , with forecasts ranging from
a
low of
$3.75 to a high of $17 .
MYTE Lowest Price Target
Wall Street Target
3.75 USD
-60.06%
MYTE Average Price Target
Wall Street Target
11.2 USD
19.81%
MYTE Highest Price Target
Wall Street Target
17 USD
81.04%
4. DIVIDEND
ANALYSIS
MYTE does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
MYT Netherlands Parent B.V.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
MYT Netherlands Parent: Solid Growth Momentum
I reiterate my buy rating for MYT Netherlands Parent due to solid growth momentum and a well-executed strategy, expecting this trend to persist. MYTE's 1Q25 results showed 7.4% y/y revenue growth, beating adj EBITDA estimates with a margin expansion driven by improved gross margins and lower SG&A expenses. MYTE's strategy of unique events and exclusive collections for top customers led to significant growth, particularly in the US, indicating strong demand momentum.
seekingalpha.com
- 1 month ago
MYT Netherlands Parent B.V. (MYTE) Q1 2025 Earnings Call Transcript
MYT Netherlands Parent B.V. (NYSE:MYTE ) Q1 2025 Earnings Conference Call November 19, 2024 8:00 AM ET Company Participants Martin Beer - Chief Financial Officer Michael Kliger - Chief Executive Officer Conference Call Participants Katy Hallberg - TD Cowen Matthew Boss - JPMorgan Blake Anderson - Jefferies Operator Greetings and welcome to the Mytheresa First Quarter of Fiscal Year 2025 Earnings Conference Call.
seekingalpha.com
- 2 months ago
Mytheresa Reports Strong Q1 FY25 Results With 8% Net Sales Growth and Improved, Positive Year-Over-Year Profitability
MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE: MYTE) (“Mytheresa” or the “Company”) today announced financial results for its first quarter fiscal year 2025 ended September 30, 2024. The luxury multi-brand digital platform reported continued strong financial performance for the first quarter, with strong revenue growth and significantly improved profitability on adjusted EBITDA level as compared to last year with increased AOV, improved gross margin, reduced return rates and improv.
businesswire.com
- 2 months ago
Mytheresa Announces First Quarter of Fiscal Year 2025 Earnings Release and Conference Call; Participating in Upcoming Investor Conferences
MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE:MYTE) (“Mytheresa”) today announced the date for the release of its first quarter fiscal year 2025 ended September 30, 2024 financial results. First Quarter Fiscal Year 2025 Earnings Call and Webcast Mytheresa will release first quarter fiscal year 2025 financial results before the U.S. market open on November 19, 2024. A conference call to discuss its results will follow at 8:00am Eastern Time that same day. Those wishing to participat.
businesswire.com
- 2 months ago
Richemont Lends A Helping Hand For Mytheresa To Acquire Yoox Net-A-Porter
Mytheresa just struck a deal to acquire Yoox Net-A-Porter (YNAP) from luxury powerhouse Richemont, owner of Cartier, Piaget, Chloé, Montblanc and more.
forbes.com
- 3 months ago
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) to create leading, global, multi-brand digital luxury group in exchange for a 33% equity stake in Mytheresa
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 7 OCTOBER 2024 MYT Netherlands Parent B.V.
globenewswire.com
- 3 months ago
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) to create leading, global, multi-brand digital luxury group in exchange for a 33% equity stake in Mytheresa
MUNICH & GENEVA, Switzerland--(BUSINESS WIRE)--Today, Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agreements for the acquisition of 100% of the share capital of YNAP by Mytheresa. The transaction aims to create a leading, global, multi-brand digital luxury group offering a highly curated and strongly differentiated edit of the most prestigious luxury brands and products to luxury enthusiasts worldwide. Transaction Rationale Mytheresa and YNAP have.
businesswire.com
- 3 months ago
MYT Netherlands: Medium-Term Growth Target Is Plausible
MYT Netherlands' strategy, focusing on unique experiences for high-end shoppers, should continue to drive robust growth. MYTE's 4Q24 results show improving margins and strong US market penetration, with US revenue growing 25% y/y. The valuation is attractive, trading at ~7.7x forward EBITDA, with the potential for higher multiples given the improving growth and margin outlook.
seekingalpha.com
- 3 months ago
Mytheresa Leans into Digital Experiences and Global Events
For Mytheresa CEO Michael Kliger, there was no doubt about his company's performance during the fourth quarter and fiscal year. “We clearly see ourselves as a winner in the consolidated luxury space,” he told analysts and investors during the company's fourth-quarter and full-year earnings call on Thursday (Sept.
pymnts.com
- 4 months ago
MYT Netherlands Parent B.V. (MYTE) Q4 2024 Earnings Call Transcript
MYT Netherlands Parent B.V. (NYSE:MYTE ) Q4 2024 Earnings Conference Call September 12, 2024 8:00 AM ET Company Participants Martin Beer - CFO Michael Kliger - CEO Conference Call Participants Oliver Chen - TD Cowen Amanda Douglas - JP Morgan Blake Anderson - Jefferies Grace Smalley - Morgan Stanley Wendy Gao - CICC Operator Greetings, and welcome to the Mytheresa Fourth Quarter and Full Fiscal 2024 Earnings Conference Call.
seekingalpha.com
- 4 months ago
Strong Full FY24 results for Mytheresa driven by +14% Net Sales growth in H2 compared to last year and continued profitability with 4% Adj. EBITDA margin in H2 FY24
MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE: MYTE) (“Mytheresa” or the “Company”) today announced financial results for its fourth quarter and full fiscal year 2024 ended June 30, 2024. The luxury multi-brand digital platform reported strong financial performance for the fourth quarter, driving significant improvement in the second-half year, delivering double-digit revenue growth and almost doubling of adjusted profitability despite ongoing uncertainties in the macro environment.
businesswire.com
- 4 months ago
Mytheresa to Participate in Upcoming Investor Conferences
MUNICH--(BUSINESS WIRE)--MYT Netherlands Parent B.V. (NYSE: MYTE) (“Mytheresa”), the parent company of Mytheresa Group GmbH, today announced that Michael Kliger, CEO, and Martin Beer, CFO, will be attending the following investor conferences: Morgan Stanley 2nd Annual Luxury Conference in Paris TD Cowen 8th Future of the Consumer Conference in New York City Michael Kliger will be present at the Morgan Stanley Annual Luxury Conference in-person in Paris on Wednesday, May 22, 2024 with a presenta.
businesswire.com
- 8 months ago
8. Profile
Summary
MYT Netherlands Parent B.V. MYTE
COUNTRY
DE
INDUSTRY
Luxury Goods
MARKET CAP
$ 801 M
Dividend Yield
0.00%
Description
MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.
Contact
Einsteinring 9, Munich, 85609
https://www.mytheresa.com
IPO
Date
Jan. 21, 2021
Employees
1817
Officers
Mr. Bjorn Kastl
Chief People Officer
Ms. Tiffany Hsu
Chief Buying Officer
Mr. Philipp Barthold
Chief Technology Officer
Mr. Julian Paul
Chief Creative Officer
Mr. Richard Johnson
Chief Commercial Officer
Ms. Heather Kaminetsky
President of North America
Mr. Michael Kliger
Chief Executive Officer & Chairman of Management Board
Dr. Martin Beer
Chief Financial Officer & Member of Management Board
Mr. Sebastian Dietzmann
Chief Operating Officer & Member of Management Board
Mr. Gareth Locke
Chief Growth Officer & Member of Management Board