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MYTE
Upturn stock ratingUpturn stock rating

MYT Netherlands Parent BV (MYTE)

Upturn stock ratingUpturn stock rating
$7.71
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/27/2025: MYTE (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 27.86%
Avg. Invested days 40
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 666.73M USD
Price to earnings Ratio -
1Y Target Price 10.58
Price to earnings Ratio -
1Y Target Price 10.58
Volume (30-day avg) 214712
Beta 0.97
52 Weeks Range 3.13 - 12.50
Updated Date 03/27/2025
52 Weeks Range 3.13 - 12.50
Updated Date 03/27/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.43

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -3.99%
Operating Margin (TTM) 3.19%

Management Effectiveness

Return on Assets (TTM) 0.41%
Return on Equity (TTM) -8.21%

Valuation

Trailing PE -
Forward PE 29.41
Enterprise Value 744227551
Price to Sales(TTM) 0.76
Enterprise Value 744227551
Price to Sales(TTM) 0.76
Enterprise Value to Revenue 0.78
Enterprise Value to EBITDA -27.05
Shares Outstanding 85698496
Shares Floating 17432152
Shares Outstanding 85698496
Shares Floating 17432152
Percent Insiders 79.35
Percent Institutions 21.2

Analyst Ratings

Rating 3.4
Target Price 6.15
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 4
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

MYT Netherlands Parent BV

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Company Overview

History and Background

MYT Netherlands Parent BV, operating as Mytheresa, is a leading global luxury e-commerce platform. Founded in 2006 as a small boutique in Munich, Germany, it expanded online in 2006, focusing on high-end fashion. It has since grown into a publicly traded company, expanding its product offerings and global reach.

Core Business Areas

  • Luxury E-Commerce: Mytheresa operates a website and app offering a curated selection of luxury clothing, shoes, bags, and accessories from over 200 of the world's leading designers. The products are generally delivered to most countries around the world.

Leadership and Structure

Michael Kliger serves as the Chief Executive Officer. The company operates with a traditional hierarchical structure, with departments covering merchandising, marketing, technology, and operations.

Top Products and Market Share

Key Offerings

  • Womenswear: Luxury womenswear, including clothing, shoes, and accessories, constitutes a significant portion of Mytheresa's revenue. Competitors include Net-a-Porter, Farfetch and other department store online offerings such as Nordstrom and Saks Fifth Avenue. Market share is difficult to determine precisely given the fragmented nature of the luxury e-commerce market, but estimated around 2% overall in the luxury market, based on revenue and market sizing estimates.
  • Menswear: Mytheresa also offers luxury menswear. The market share for menswear is less than womenswear, about 0.5%. Competitors include Mr Porter, Farfetch and department stores.
  • Kidswear: Mytheresa offers luxury kidswear from leading brands, catering to a growing demand for high-end children's fashion. The market share is estimated at 0.1%. Key competitors are similar high-end department stores such as Neiman Marcus and Saks Fifth Avenue, and Net-a-Porter.

Market Dynamics

Industry Overview

The luxury e-commerce market is experiencing substantial growth, driven by increasing online spending and the globalization of luxury brands. The industry is competitive, with established players and emerging online platforms vying for market share.

Positioning

Mytheresa is positioned as a curated online platform offering exclusive and limited-edition collections from leading luxury brands. Its competitive advantages include its strong brand relationships, exceptional customer service, and focus on high-end fashion.

Total Addressable Market (TAM)

The global luxury goods market is estimated to be worth over $300 billion. Mytheresa is targeting a portion of this market, focusing on the online luxury retail segment. Mytheresa is positioned well with a strong online presence, and well recognised and trusted luxury brand. The TAM for online luxury fashion is about $60 billion annually.

Upturn SWOT Analysis

Strengths

  • Strong brand partnerships
  • Curated product selection
  • Excellent customer service
  • Global reach
  • Strong technology platform

Weaknesses

  • Reliance on luxury brands
  • High product prices
  • Competition from larger e-commerce platforms
  • Exposure to economic cycles

Opportunities

  • Expansion into new markets
  • Partnerships with emerging designers
  • Development of exclusive collections
  • Enhancement of personalized shopping experiences
  • Leveraging social media for marketing

Threats

  • Economic downturns
  • Increased competition
  • Fluctuations in currency exchange rates
  • Changes in consumer preferences
  • Supply chain disruptions

Competitors and Market Share

Key Competitors

  • FTCH
  • SHOPBOP

Competitive Landscape

Mytheresa competes with other online luxury retailers and department stores. Its advantage lies in its curated selection and exclusive partnerships, while its disadvantage includes its smaller scale compared to larger competitors.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Mytheresa has experienced strong growth in recent years, driven by the increasing popularity of online luxury shopping and its successful expansion into new markets.

Future Projections: Future growth projections depend on various factors, including economic conditions, competition, and the company's ability to execute its strategic initiatives. Analyst estimates vary.

Recent Initiatives: Recent initiatives include expanding its product offerings, enhancing its customer experience, and investing in technology and marketing.

Summary

Mytheresa is a well-established luxury e-commerce platform with strong brand partnerships. Its curated product selection and excellent customer service are key strengths. However, its reliance on luxury brands and competition from larger players pose challenges, but is in a growing market that it can capitalize on if it grows its brand and offerings.

Similar Companies

  • FTCH
  • SHOPBOP
  • SSENSE
  • NET-A-PORTER
  • RMDS

Sources and Disclaimers

Data Sources:

  • Company website
  • Industry reports
  • Analyst estimates
  • SEC Filings

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share estimates may vary and are based on available research and industry analysis.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About MYT Netherlands Parent BV

Exchange NYSE
Headquaters -
IPO Launch date 2021-01-21
CEO & Chairman of Management Board Mr. Michael Kliger
Sector Consumer Cyclical
Industry Luxury Goods
Full time employees 1817
Full time employees 1817

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. The company offers womenswear, menswear, kids wear, and lifestyle products. MYT Netherlands Parent B.V. sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. The company serves high-income luxury consumers. MYT Netherlands Parent B.V. was founded in 1987 and is based in Munich, Germany.

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