Westwing Group (XTRA:WEW) - Share price, News & Analysis

WEW fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

WEW Stock Overview

Westwing Group SE, together with its subsidiaries, engages in the home and living eCommerce business.

Rewards

Trading at 1.1% below our estimate of its fair value

Earnings are forecast to grow 77.41% per year

Risk Analysis

Volatile share price over the past 3 months

Westwing Group Competitors

Zalando

XTRA:ZAL

€9.2b

home24

XTRA:H24

€134.7m

Amazon.com

NasdaqGS:AMZN

US$1.1t

eBay

NasdaqGS:EBAY

US$25.3b

Price History & Performance

Summary of all time highs, changes and price drops for Westwing Group
Historical stock prices
Current Share Price	€8.52
52 Week High	€54.35
52 Week Low	€7.73
Beta	1.4
1 Month Change	-20.27%
3 Month Change	-47.76%
1 Year Change	-83.77%
3 Year Change	-0.87%
5 Year Change	n/a
Change since IPO	-66.28%

Recent News & Updates

May 08

There's Been No Shortage Of Growth Recently For Westwing Group's (ETR:WEW) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...

Shareholder Returns

	WEW	DE Online Retail	DE Market
7D	-8.8%	-0.8%	-0.4%
1Y	-83.8%	-64.6%	-12.4%

Return vs Industry: WEW underperformed the German Online Retail industry which returned -63.1% over the past year.

Return vs Market: WEW underperformed the German Market which returned -12.9% over the past year.

Price Volatility

Is WEW's price volatile compared to industry and market?
WEW volatility
WEW Average Weekly Movement	8.5%
Online Retail Industry Average Movement	10.0%
Market Average Movement	6.3%
10% most volatile stocks in DE Market	10.6%
10% least volatile stocks in DE Market	3.4%

Stable Share Price: WEW is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: WEW's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2011	2,309	Stefan Smalla	https://www.westwing.com

Westwing Group SE, together with its subsidiaries, engages in the home and living eCommerce business. The company operates through two segments, DACH and International. It offers textiles, furniture, kitchen accessories, rugs, and home décor and accessories, as well as lighting, dining, and other products.

Westwing Group Fundamentals Summary

How do Westwing Group's earnings and revenue compare to its market cap?
WEW fundamental statistics
Market Cap	€175.22m
Earnings (TTM)	-€3.10m
Revenue (TTM)	€495.20m

0.4x

P/S Ratio

-56.5x

P/E Ratio

Is WEW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
WEW income statement (TTM)
Revenue	€495.20m
Cost of Revenue	€254.30m
Gross Profit	€240.90m
Other Expenses	€244.00m
Earnings	-€3.10m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 11, 2022

Earnings per share (EPS)	-0.15
Gross Margin	48.65%
Net Profit Margin	-0.63%
Debt/Equity Ratio	0%

How did WEW perform over the long term?

See historical performance and comparison

Valuation

Is Westwing Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

1.1%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: WEW (€8.52) is trading below our estimate of fair value (€8.61)

Significantly Below Fair Value: WEW is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: WEW is unprofitable, so we can't compare its PE Ratio to the German 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 overvalued based on its PB Ratio (1.5x) compared to the DE Online Retail industry average (1.3x).

Future Growth

How is Westwing Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

77.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WEW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.05%).

Earnings vs Market: WEW is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: WEW's is expected to become profitable in the next 3 years.

Revenue vs Market: WEW's revenue (8.6% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: WEW's revenue (8.6% 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 (7.8%).

Past Performance

How has Westwing Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

57.7%

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 57.7% 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 (0.2%).

Return on Equity

High ROE: WEW has a negative Return on Equity (-2.57%), as it is currently unprofitable.

Financial Health

How is Westwing Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: WEW's short term assets (€173.9M) exceed its short term liabilities (€96.0M).

Long Term Liabilities: WEW's short term assets (€173.9M) exceed its long term liabilities (€48.9M).

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: Insufficient data to determine if WEW has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WEW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Dividend

What is Westwing Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

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.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WEW has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure

CEO

Stefan Smalla (44 yo)

11.33yrs

Tenure

Mr. Stefan Smalla serves as Independent Supervisory Board Member for HelloFresh SE since May 26, 2021. He is the Founder and has been Chief Executive Officer & Member of Management Board at Westwing Group...

Leadership Team

Experienced Management: WEW's management team is considered experienced (2.1 years average tenure).

Board Members

Experienced Board: WEW's board of directors are considered experienced (4.3 years average tenure).

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/23 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31