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MRX

Mister Spex DB:MRX Stock Report

Last Price

€5.60

Market Cap

€185.7m

7D

-3.4%

1Y

n/a

Updated

19 May, 2022

Data

Company Financials +
MRX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

MRX Stock Overview

Mister Spex SE provides eyewear products in Germany, Austria, Finland, France, the Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom.

Mister Spex Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mister Spex
Historical stock prices
Current Share Price€5.60
52 Week High€26.08
52 Week Low€5.00
Beta0
1 Month Change-29.91%
3 Month Change-44.83%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-77.60%

Recent News & Updates

Apr 02
€21.43: That's What Analysts Think Mister Spex SE (FRA:MRX) Is Worth After Its Latest Results

€21.43: That's What Analysts Think Mister Spex SE (FRA:MRX) Is Worth After Its Latest Results

Last week saw the newest annual earnings release from Mister Spex SE ( FRA:MRX ), an important milestone in the...

Shareholder Returns

MRXDE Specialty RetailDE Market
7D-3.4%1.0%0.7%
1Yn/a-43.8%-13.3%

Return vs Industry: Insufficient data to determine how MRX performed against the German Specialty Retail industry.

Return vs Market: Insufficient data to determine how MRX performed against the German Market.

Price Volatility

Is MRX's price volatile compared to industry and market?
MRX volatility
MRX Average Weekly Movement7.6%
Specialty Retail Industry Average Movement7.2%
Market Average Movement6.4%
10% most volatile stocks in DE Market10.8%
10% least volatile stocks in DE Market3.5%

Stable Share Price: MRX is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MRX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20071,100Dirk Graberhttps://corporate.misterspex.com/de

Mister Spex SE provides eyewear products in Germany, Austria, Finland, France, the Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom. It offers various types of prescription glasses, sunglasses, and contact lenses. The company offers its products under the independent labels, private labels, and various premium and luxury brands through online shops and retail stores, as well as a network of partner opticians.

Mister Spex Fundamentals Summary

How do Mister Spex's earnings and revenue compare to its market cap?
MRX fundamental statistics
Market Cap€185.70m
Earnings (TTM)-€36.07m
Revenue (TTM)€203.89m

0.9x

P/S Ratio

-5.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRX income statement (TTM)
Revenue€203.89m
Cost of Revenue€154.62m
Gross Profit€49.28m
Other Expenses€85.35m
Earnings-€36.07m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Sep 07, 2022

Earnings per share (EPS)-1.09
Gross Margin24.17%
Net Profit Margin-17.69%
Debt/Equity Ratio0%

How did MRX perform over the long term?

See historical performance and comparison

Valuation

Is Mister Spex undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MRX (€5.6) is trading below our estimate of fair value (€39.45)

Significantly Below Fair Value: MRX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MRX is unprofitable, so we can't compare its PE Ratio to the German Specialty Retail industry average.

PE vs Market: MRX 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 MRX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MRX is good value based on its PB Ratio (0.8x) compared to the DE Specialty Retail industry average (1.9x).


Future Growth

How is Mister Spex forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


28.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MRX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MRX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MRX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MRX's revenue (21.1% per year) is forecast to grow faster than the German market (4.9% per year).

High Growth Revenue: MRX's revenue (21.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MRX is forecast to be unprofitable in 3 years.


Past Performance

How has Mister Spex 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


-26.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MRX is currently unprofitable.

Growing Profit Margin: MRX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MRX is unprofitable, and losses have increased over the past 5 years at a rate of 26% per year.

Accelerating Growth: Unable to compare MRX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MRX is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (20.8%).


Return on Equity

High ROE: MRX has a negative Return on Equity (-15.35%), as it is currently unprofitable.


Financial Health

How is Mister Spex's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MRX's short term assets (€218.2M) exceed its short term liabilities (€46.4M).

Long Term Liabilities: MRX's short term assets (€218.2M) exceed its long term liabilities (€47.5M).


Debt to Equity History and Analysis

Debt Level: MRX is debt free.

Reducing Debt: MRX had no debt 5 years ago.


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: MRX has sufficient cash runway for more than 3 years based on its current free cash flow.

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


Dividend

What is Mister Spex 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 MRX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MRX'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 MRX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MRX'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 MRX has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.9yrs

Average board tenure


CEO

Dirk Graber

no data

Tenure

Mr. Dirk Graber, Ph.D. is the Founder & Co- Chief Executive Officer at Mister Spex AG. and serves its Managing Director.


Board Members

Experienced Board: MRX's board of directors are not considered experienced ( 0.9 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: MRX only recently listed within the past 12 months.


Top Shareholders

Company Information

Mister Spex SE's employee growth, exchange listings and data sources


Key Information

  • Name: Mister Spex SE
  • Ticker: MRX
  • Exchange: DB
  • Founded: 2007
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: €185.696m
  • Shares outstanding: 33.16m
  • Website: https://corporate.misterspex.com/de

Number of Employees


Location

  • Mister Spex SE
  • Greifswalder Strasse 156
  • Berlin
  • Berlin
  • 10409
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.