Executive Summary
Westwing Group AG engages in the home and living e-commerce business. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 24.9% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and slightly 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 is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: WEW's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of German stocks.
Market Performance
7 Day Return
6.7%
WEW
-1.6%
DE Online Retail
0.7%
DE Market
1 Year Return
510.0%
WEW
92.9%
DE Online Retail
0.6%
DE Market
Return vs Industry: WEW exceeded the German Online Retail industry which returned 94.1% over the past year.
Return vs Market: WEW exceeded the German Market which returned 1.1% over the past year.
Shareholder returns
| WEW | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.7% | -1.6% | 0.7% |
| 30 Day | 0.1% | -3.3% | 7.8% |
| 90 Day | 74.0% | 3.3% | 1.7% |
| 1 Year | 510.0%510.0% | 93.5%92.9% | 3.9%0.6% |
| 3 Year | n/a | 96.9%99.3% | 4.0%-5.0% |
| 5 Year | n/a | 62.1%58.9% | 21.4%4.2% |
Long-Term 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
4 weeks ago | Simply Wall St
This Just In: Analysts Are Boosting Their Westwing Group AG (ETR:WEW) Outlook for This Year2 months ago | Simply Wall St
Is Westwing Group AG (ETR:WEW) Worth €19.0 Based On Its Intrinsic Value?3 months ago | Simply Wall St
Brokers Are Upgrading Their Views On Westwing Group AG (ETR:WEW) With These New ForecastsValuation
Is Westwing Group undervalued compared to its fair value and its price relative to the market?
6.67x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: WEW (€27.67) is trading above our estimate of fair value (€15.27)
Significantly Below Fair Value: WEW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WEW is good value based on its PE Ratio (-40.7x) compared to the DE Online Retail industry average (53.3x).
PE vs Market: WEW is good value based on its PE Ratio (-40.7x) compared to the German market (23x).
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 overvalued based on its PB Ratio (6.7x) compared to the DE Online Retail industry average (5.8x).
Next Steps
Future Growth
How is Westwing Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-24.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WEW's earnings are forecast to decline over the next 3 years (-24.9% per year).
Earnings vs Market: WEW's earnings are forecast to decline over the next 3 years (-24.9% per year).
High Growth Earnings: WEW's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WEW's revenue (17% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: WEW's revenue (17% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WEW's Return on Equity is forecast to be low in 3 years time (16%).
Next Steps
Past Performance
How has Westwing Group performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WEW has a large one-off loss of €2.4M impacting its September 30 2020 financial results.
Growing Profit Margin: WEW became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WEW has become profitable over the past 5 years, growing earnings by 14.2% per year.
Accelerating Growth: WEW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WEW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (30.6%).
Return on Equity
High ROE: WEW's Return on Equity (0.8%) is considered low.
Next Steps
Financial Health
How is Westwing Group's financial position?
Financial Position Analysis
Short Term Liabilities: WEW's short term assets (€144.8M) exceed its short term liabilities (€85.3M).
Long Term Liabilities: WEW's short term assets (€144.8M) exceed its long term liabilities (€27.9M).
Debt to Equity History and Analysis
Debt Level: WEW is debt free.
Reducing Debt: WEW has no debt compared to 5 years ago when its debt to equity ratio was 20%.
Debt Coverage: WEW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WEW has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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?
2.8yrs
Average board tenure
CEO
Stefan Smalla (43 yo)
9.83yrs
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 | 2.83yrs | no data | no data | |
| Member of Supervisory Board | 2.83yrs | no data | no data | |
| Chairman of Supervisory Board | 2.83yrs | no data | no data |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Board: WEW's board of directors are not considered experienced ( 2.8 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: €556.091m
- Shares outstanding: 20.10m
- 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 ite...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/25 21:13 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/09/30 |
| 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.