<- Go home

Added to YB: 2025-01-16

Pitch date: 2025-01-15

MYTE [bullish]

LuxExperience B.V.

+23.35%

current return

Author Info

No bio for this author

Company Info

LuxExperience B.V., through its subsidiary, operates an online shopping platform in Germany, the United States, rest of Europe, and internationally.

Market Cap

$926.6M

Pitch Price

$7.58

Price Target

20.00 (+114%)

Dividend

N/A

EV/EBITDA

0.84

P/E

1.23

EV/Sales

0.43

Sector

Specialty Retail

Category

growth

Show full summary:
Minot Light Capital Portfolio Holding: MYT Netherlands Parent B.V.

MYTE: Acquiring YNAP from Richemont, adding €1.2B GMV Net-a-Porter/Mr. Porter, €900M GMV Yoox/Outnet, €550M cash for 33% stake. Est. 2025 rev $2.2B, 2028 EBITDA $200M+. Trough valuation $6.50/share, upside $20+ by 2028. Current price $7.50, mkt cap $640M pre-close. Attractive risk/reward.

Read full article (2 min)