Executive Summary
Westwing Group AG engages in the home and living e-commerce business.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Westwing Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WEW's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
14.7%
WEW
8.4%
DE Online Retail
2.1%
DE Market
1 Year Return
32.3%
WEW
115.6%
DE Online Retail
2.1%
DE Market
Return vs Industry: WEW underperformed the German Online Retail industry which returned 118.1% over the past year.
Return vs Market: WEW exceeded the German Market which returned 3% over the past year.
Shareholder returns
| WEW | Industry | Market | |
|---|---|---|---|
| 7 Day | 14.7% | 8.4% | 2.1% |
| 30 Day | 21.5% | 16.5% | -0.8% |
| 90 Day | 145.7% | 68.1% | 20.1% |
| 1 Year | 32.3%32.3% | 116.6%115.6% | 4.2%2.1% |
| 3 Year | n/a | 110.4%104.9% | 3.7%-4.7% |
| 5 Year | n/a | 71.1%66.6% | 10.7%-4.0% |
Price Volatility Vs. Market
How volatile is Westwing Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Did Westwing Group's (ETR:WEW) Share Price Deserve to Gain 10%?5 months ago | Simply Wall St
Those Who Purchased Westwing Group (ETR:WEW) Shares A Year Ago Have A 80% Loss To Show For It6 months ago | Simply Wall St
We're Keeping An Eye On Westwing Group's (ETR:WEW) Cash Burn RateValuation
Is Westwing Group undervalued compared to its fair value and its price relative to the market?
2.23x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WEW's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WEW's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WEW is unprofitable, so we can't compare its PE Ratio to the Online Retail industry average.
PE vs Market: WEW is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WEW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WEW is good value based on its PB Ratio (2.2x) compared to the DE Online Retail industry average (2.9x).
Next Steps
Future Growth
How is Westwing Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
22.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WEW is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: WEW is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: WEW is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: WEW's revenue (10.1% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: WEW's revenue (10.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WEW is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Westwing Group performed over the past 5 years?
1.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WEW is currently unprofitable.
Growing Profit Margin: WEW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WEW is unprofitable, but has reduced losses over the past 5 years at a rate of 1.4% per year.
Accelerating Growth: Unable to compare WEW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WEW is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-11.5%).
Return on Equity
High ROE: WEW has a negative Return on Equity (-49.64%), as it is currently unprofitable.
Next Steps
Financial Health
How is Westwing Group's financial position?
Financial Position Analysis
Short Term Liabilities: WEW's short term assets (€111.1M) exceed its short term liabilities (€66.4M).
Long Term Liabilities: WEW's short term assets (€111.1M) exceed its long term liabilities (€26.9M).
Debt to Equity History and Analysis
Debt Level: WEW is debt free.
Reducing Debt: WEW currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WEW has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: WEW has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 21.7% each year
Next Steps
Dividend
What is Westwing Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WEW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WEW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WEW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WEW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WEW's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average board tenure
CEO
Stefan Smalla (43yo)
9.5yrs
Tenure
Mr. Stefan Smalla is the Founder and has been Chief Executive Officer & Member of Management Board at Westwing Group AG since 2011. Prior to founding Westwing, Mr. Smalla worked at Bain & Co. as a Manager. ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy Chairman of Supervisory Board | no data | no data | no data | |
| Member of Supervisory Board | 2.5yrs | no data | no data | |
| Member of Supervisory Board | 2.5yrs | no data | no data | |
| Chairman of Supervisory Board | 2.5yrs | no data | no data |
2.5yrs
Average Tenure
54yo
Average Age
Experienced Board: WEW's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Westwing Group AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Westwing Group AG
- Ticker: WEW
- Exchange: XTRA
- Founded: 2011
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: €172.557m
- Shares outstanding: 20.00m
- Website: https://www.westwing.com
Number of Employees
Location
- Westwing Group AG
- Moosacher Strasse 88
- Munich
- Bavaria
- 80809
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WEW | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Oct 2018 |
| WEW | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Oct 2018 |
| WEWD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Oct 2018 |
Biography
Westwing Group AG engages in the home and living e-commerce business. The company operates through two segments, DACH and International. It offers textile products, rugs, furniture products, decoration items, lighting products, kitchen products, and dining products. The company provides its products under own and private label, and third-party brands. It has operations in 11 European countries, including Germany, Austria, Switzerland, Belgium, the Czech Republic, France, Italy, the Netherlands, Poland, Spain, and Slovakia. The company was founded in 2011 and is headquartered in Munich, Germany.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/07 20:54 |
| End of Day Share Price | 2020/07/07 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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 here.