Professional
Added to YB: 2025-01-16
Pitch date: 2025-01-15
MYTE [bullish]
MYT Netherlands Parent B.V.
+8.71%
current return
Author Info
No bio for this author
Company Info
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, rest of Europe, and internationally.
Market Cap
$505.3M
Pitch Price
$7.58
Price Target
20.00 (+143%)
Dividend
N/A
Sector
Specialty Retail
Category
growth
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.
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