Mister Spex SE

XTRA:MRX Stock Report

Market Cap: €38.4m

Mister Spex Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Tobias Krauss

Chief executive officer

€1.6m

Total compensation

CEO salary percentage30.71%
CEO tenure1.2yrs
CEO ownershipn/a
Management average tenure1.8yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

Narrative Update • Jun 16

MRX: Store Rollout And Salesforce Upgrade Will Shape Fairly Valued Outlook

Analysts have modestly adjusted their Mister Spex price target to €1.20, reflecting small tweaks to assumptions on discount rate, revenue trends and profit margins, while keeping the overall fair value view unchanged. What’s in the News for Mister Spex Mister Spex reaffirmed earnings guidance for the full year 2026, indicating expected net revenue development in a range from 0% growth to a decline of up to 10% versus the prior year.
Narrative Update • Jun 01

MRX: Future Returns Will Reflect Store Expansion And Salesforce Infrastructure Overhaul

Analysts have kept their Mister Spex fair value estimate steady at €1.20. A slightly lower discount rate, softer revenue growth and profit margin expectations, and a higher future P/E assumption have led to a refined price target narrative.
Narrative Update • May 01

MRX: Future Store Expansion And Eye Health Services Will Drive Reassessment

Analysts have cut their price target on Mister Spex from €4.18 to €3.03, citing updated assumptions for fair value, discount rate, revenue, profit margin and future P/E. What's in the News Mister Spex plans to open a new store in Hamburg Bergedorf on April 1, 2026, taking its German network to 67 locations and four stores in Hamburg, with a focus on high footfall areas and in person consultation for services such as prescription lenses and eye health checks (Key Developments).
Narrative Update • Apr 16

MRX: Future Returns Will Reflect Store Expansion Tech Overhaul And Margin Stability

Analysts have held their fair value estimate for Mister Spex steady at €1.20, with only modest tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions informing this unchanged price target. What's in the News Mister Spex plans to open a new store in Hamburg Bergedorf on April 1, 2026, taking its German network to 67 locations and four in Hamburg, with a focus on high footfall areas and consultation heavy services such as prescription lenses and eye health checks (Key Developments).
Narrative Update • Apr 01

MRX: Future Returns Will Balance Tech Overhaul Store Expansion And Margin Stability

Analysts have adjusted their price target on Mister Spex to reflect a revised view that now assumes slightly lower discount rates, a change from a 5.31% revenue decline to 1.35% growth, a small uptick in profit margin to about 3.04%, and a modestly lower future P/E of roughly 10.70x. What's in the News Mister Spex is overhauling its technology stack by moving from customized legacy systems to Salesforce's integrated platform, aiming to reduce complexity and support future growth (Client Announcements).
Narrative Update • Mar 18

MRX: Future Returns Will Balance Revenue Decline With New Stores And Profit Focus

Analysts have nudged their Mister Spex price target slightly higher to €1.20, reflecting small tweaks to the discount rate, revenue growth assumptions, profit margin outlook and forward P/E that broadly offset each other in the refreshed model. What's in the News Mister Spex opened a new premium store on Berlin's Kurfurstendamm on February 26, 2026, bringing its network to seven stores in Berlin and 66 across Germany, with a focus on locations where brand awareness and demand for optical services are already established (Key Developments).
Narrative Update • Mar 03

MRX: Fair Outlook Will Balance Revenue Decline With Profitability And Cash Focus

Analysts have trimmed their price target on Mister Spex from €1.40 to €1.20, citing updated assumptions that now include a revenue decline of about 5.32%, a slightly higher discount rate of 9.31% and a modestly higher future P/E of about 11.23x, while leaving profit margin expectations broadly unchanged. What's in the News Mister Spex SE confirmed its earnings guidance for the 2025 financial year, keeping its focus on profitability, cash management and operational execution (Key Developments).
Narrative Update • Feb 17

MRX: Fair Outlook Will Balance Revenue Guidance Cut And Profitability Focus

Analysts have trimmed their Mister Spex price target slightly to €1.40, reflecting updated assumptions for discount rates, revenue growth, profit margins and future P/E that keep their fair value view broadly unchanged. What's in the News Mister Spex SE confirmed its earnings guidance for the 2025 financial year, giving investors a clearer view of management expectations for the near term (Key Developments).
Narrative Update • Feb 02

MRX: Fair Outlook Will Balance Revenue Decline Guidance And Margin Expectations

Analysts have reduced their fair value estimate for Mister Spex from €1.70 to €1.40, citing updated assumptions for discount rates, revenue growth, profit margins and a lower future P/E multiple. What's in the News Mister Spex SE confirmed earnings guidance for the full year 2025, expecting a net revenue decline in a range of 10% to 20%.
Analysis Article • Nov 16

Mister Spex SE (ETR:MRX) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

It's been a good week for Mister Spex SE ( ETR:MRX ) shareholders, because the company has just released its latest...
Analysis Article • Jul 17

Mister Spex SE (ETR:MRX) Stock Rockets 39% As Investors Are Less Pessimistic Than Expected

Mister Spex SE ( ETR:MRX ) shares have continued their recent momentum with a 39% gain in the last month alone...
Analysis Article • Jun 28

Should You Investigate Mister Spex SE (ETR:MRX) At €1.27?

Mister Spex SE ( ETR:MRX ), is not the largest company out there, but it saw significant share price movement during...
Analysis Article • Apr 28

More Unpleasant Surprises Could Be In Store For Mister Spex SE's (ETR:MRX) Shares After Tumbling 27%

Mister Spex SE ( ETR:MRX ) shareholders that were waiting for something to happen have been dealt a blow with a 27...
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New Narrative • Apr 10

SpexFocus Program Will Streamline Operations And Reduce Complexity

SpexFocus program aims to improve net margins by reducing overhead and streamlining operations, enhancing operational efficiency.
Analysis Article • Nov 26

Mister Spex SE's (ETR:MRX) 31% Share Price Plunge Could Signal Some Risk

To the annoyance of some shareholders, Mister Spex SE ( ETR:MRX ) shares are down a considerable 31% in the last month...
Analysis Article • Nov 17

Analysts Have Been Trimming Their Mister Spex SE (ETR:MRX) Price Target After Its Latest Report

It's been a mediocre week for Mister Spex SE ( ETR:MRX ) shareholders, with the stock dropping 10% to €1.72 in the week...
Analysis Article • Aug 09

At €2.55, Is It Time To Put Mister Spex SE (ETR:MRX) On Your Watch List?

Mister Spex SE ( ETR:MRX ), might not be a large cap stock, but it saw significant share price movement during recent...
Analysis Article • Jun 07

Investors Appear Satisfied With Mister Spex SE's (ETR:MRX) Prospects As Shares Rocket 29%

Mister Spex SE ( ETR:MRX ) shareholders are no doubt pleased to see that the share price has bounced 29% in the last...
Analysis Article • Mar 29

Is There Now An Opportunity In Mister Spex SE (ETR:MRX)?

While Mister Spex SE ( ETR:MRX ) might not have the largest market cap around , it saw a decent share price growth of...
Analysis Article • Jan 31

Mister Spex SE (ETR:MRX) Not Flying Under The Radar

With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Specialty Retail industry in Germany, you could...

CEO Compensation Analysis

How has Tobias Krauss's remuneration changed compared to Mister Spex's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-€28m

Dec 31 2025€2m€476k

-€28m

Sep 30 2025n/an/a

-€69m

Jun 30 2025n/an/a

-€79m

Mar 31 2025n/an/a

-€82m

Dec 31 2024€91kn/a

-€85m

Sep 30 2024n/an/a

-€55m

Jun 30 2024n/an/a

-€49m

Mar 31 2024n/an/a

-€49m

Dec 31 2023€53kn/a

-€48m

Sep 30 2023n/an/a

-€44m

Jun 30 2023n/an/a

-€44m

Mar 31 2023n/an/a

-€43m

Dec 31 2022€53kn/a

-€45m

Sep 30 2022n/an/a

-€32m

Jun 30 2022n/an/a

-€31m

Mar 31 2022n/an/a

-€36m

Dec 31 2021€26kn/a

-€32m

Compensation vs Market: Tobias's total compensation ($USD1.77M) is above average for companies of similar size in the German market ($USD395.45K).

Compensation vs Earnings: Tobias's compensation has increased whilst the company is unprofitable.

CEO

Tobias Krauss (50 yo)

1.2yrs
Tenure
€1,550,731
Compensation

Mr. Tobias Krauss serves as Chief Executive Officer & Chair of Management Board at Mister Spex SE since April 01, 2025. He served as Independent Chairman of Supervisory Board of Mister Spex SE from July 4,...

Leadership Team

NamePositionTenureCompensationOwnership
Tobias Krauss
CEO & Chair of Management Board1.2yrs€1.55mno data
Benjamin Schenck
CFO & Member of Management Boardless than a year€317.17kno data
Andreas Kretschmer
Chief Operating Officerno datano datano data
Irina Zhurba
Head of Investor Relationsno datano datano data
Elina Vorobjeva
Head of Corporate Communications2.4yrsno datano data
Francesco Liut
Chief Commercial Officer2.4yrsno datano data
Eileen Preuss
Head of Optical Expertiseno datano datano data
Christopher Douglas
Chief Restructuring Officerno datano datano data
1.8yrs
Average Tenure

Experienced Management: MRX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Nicola Brandolese
Independent Chairman of the Supervisory Board5yrs€112.50kno data
David Reis
Member of Advisory Boardno datano datano data
Michael Ahrens
Member of Supervisory Boardno datano datano data
Nicole Srock.Stanley
Member of Supervisory Board4.9yrs€60.63kno data
Birgit Kretschmer
Independent Deputy Chair of the Supervisory Board5yrs€86.25kno data
Quentin Demeestere
Independent Member of Supervisory Board1yr€37.50kno data
4.9yrs
Average Tenure
50.5yo
Average Age

Experienced Board: MRX's board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/29 04:37
End of Day Share Price 2026/06/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mister Spex SE is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Beatrice AllenBerenberg
Graham RenwickBerenberg
Martin ComtesseJefferies LLC