Reported Earnings • May 07
First quarter 2026 earnings released: €0.38 loss per share (vs €0.77 loss in 1Q 2025) First quarter 2026 results: €0.38 loss per share (improved from €0.77 loss in 1Q 2025). Revenue: €1.68b (down 13% from 1Q 2025). Net loss: €55.5m (loss narrowed 55% from 1Q 2025). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Announcement • Apr 23
HelloFresh SE, Annual General Meeting, Jun 02, 2026 HelloFresh SE, Annual General Meeting, Jun 02, 2026, at 10:00 W. Europe Standard Time. Reported Earnings • Mar 18
Full year 2025 earnings released Full year 2025 results: Revenue: €6.76b (down 12% from FY 2024). Net loss: €92.9m (loss narrowed 32% from FY 2024). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. New Risk • Feb 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Nov 20
HelloFresh SE Harnesses AI to Accelerate Delivery of Chef-Created Recipes HelloFresh SE announced a major innovation in its recipe card development process, using artificial intelligence to dramatically accelerate how new dishes move from concept to customer. The new system shortens the timeline for producing recipe cards from several weeks or even months to just a few hours, enabling HelloFresh to bring new, exciting recipes to market faster than ever before. This new AI-powered tool suite accelerates production and design elements of the recipe card process, allowing HelloFresh's world-class chefs and food stylists to focus more on culinary creation. The development of every dish and recipe remains a fundamentally human endeavor, guaranteeing that each meal delivered reflects the premium quality, exceptional flavor, and trusted taste customers rely on. By elevating capacity for innovation, this partnership between craft and technology will accelerate culinary development, bringing an even wider variety of cuisines and trending recipes to customers' homes each week. Starting in early November, US customers will experience the first recipe cards developed with this new AI-supported system, with printed versions appearing in HelloFresh boxes from early December. Following the US launch, HelloFresh plans a global rollout by the end of First Quarter 2026. Reported Earnings • Oct 31
Third quarter 2025 earnings released: €0.32 loss per share (vs €0.20 loss in 3Q 2024) Third quarter 2025 results: €0.32 loss per share (further deteriorated from €0.20 loss in 3Q 2024). Revenue: €1.58b (down 14% from 3Q 2024). Net loss: €49.2m (loss widened 48% from 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 14
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €1.70b (down 13% from 2Q 2024). Net income: €13.3m (up 46% from 2Q 2024). Profit margin: 0.8% (up from 0.5% in 2Q 2024). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in the United Kingdom. New Risk • Jun 24
New major risk - Revenue and earnings growth Earnings have declined by 55% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 29
First quarter 2025 earnings released: €0.76 loss per share (vs €0.49 loss in 1Q 2024) First quarter 2025 results: €0.76 loss per share (further deteriorated from €0.49 loss in 1Q 2024). Revenue: €1.93b (down 6.9% from 1Q 2024). Net loss: €123.7m (loss widened 47% from 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
HelloFresh SE, Annual General Meeting, Jun 06, 2025 HelloFresh SE, Annual General Meeting, Jun 06, 2025, at 10:00 W. Europe Standard Time. Reported Earnings • Mar 13
Full year 2024 earnings released: €0.82 loss per share (vs €0.11 profit in FY 2023) Full year 2024 results: €0.82 loss per share (down from €0.11 profit in FY 2023). Revenue: €7.66b (flat on FY 2023). Net loss: €136.4m (down €155.8m from profit in FY 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 29
Third quarter 2024 earnings released: €0.20 loss per share (vs €0.064 loss in 3Q 2023) Third quarter 2024 results: €0.20 loss per share (further deteriorated from €0.064 loss in 3Q 2023). Revenue: €1.83b (up 1.4% from 3Q 2023). Net loss: €33.3m (loss widened 200% from 3Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. New Risk • Sep 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: €0.05 (vs €0.39 in 2Q 2023) Second quarter 2024 results: EPS: €0.05 (down from €0.39 in 2Q 2023). Revenue: €1.95b (up 1.7% from 2Q 2023). Net income: €9.10m (down 86% from 2Q 2023). Profit margin: 0.5% (down from 3.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. Announcement • Jul 30
HelloFresh Unveils New Family-Friendly Menu for Back-To-School Season HelloFresh is introducing HelloFresh Family, a comprehensive new family menu with recipes and market items designed to make mealtime more delicious and convenient. Whether choosing from meals that can be prepped in under 20 minutes for a busy school night, or a ‘Build-a-Plate’ recipe that allows each family member to customize their perfect dinner plate, the new menu is tailored to satisfy the whole family. HelloFresh Introduces New Menu Concepts to Help Families Conquer Meal Time The new HelloFresh Family menu features new meal concepts designed specifically to help families who struggle to balance the different taste preferences and dietary restrictions that come into play when planning and preparing mealtime. With the new ‘Build-a-Plate’ meals, caretakers can choose from delicious, family-friendly recipes like a Spaghetti & Meatball Bar or Grilled Cheese Sandwich Bar that feature a main dish with various sides, toppings, and add-on options so that each family member – including picky eaters – can build their perfect plate. Additionally, for the first time, HelloFresh is offering a six-serving meal plan size that can cater to larger households, satisfy smaller families with big appetites, or allow for the added benefit of enjoying leftovers. The menu also features crowd-pleasing ‘Big Batch’ recipes, like Slow Cooker Slammin’ BBQ Chicken Sandos, that provide double the portion so home cooks can easily serve a crowd or plan to enjoy delicious leftovers for future meals. Plus, for added convenience, families can also choose from a selection of quick meals specially designed for kids, like Turkey Gouda Pinwheels or Cheesy Flatbread Pizza, or family-friendly recipes that can be prepared in 20 minutes or less, like the Hail Caesar Chicken Wraps. Reported Earnings • Apr 25
First quarter 2024 earnings released: €0.49 loss per share (vs €0.15 loss in 1Q 2023) First quarter 2024 results: €0.49 loss per share (further deteriorated from €0.15 loss in 1Q 2023). Revenue: €2.07b (up 2.8% from 1Q 2023). Net loss: €83.9m (loss widened 234% from 1Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: €0.11 (vs €0.74 in FY 2022) Full year 2023 results: EPS: €0.11 (down from €0.74 in FY 2022). Revenue: €7.60b (flat on FY 2022). Net income: €19.4m (down 85% from FY 2022). Profit margin: 0.3% (down from 1.7% in FY 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 45% After last week's 45% share price decline to €6.84, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Consumer Retailing industry in the United Kingdom. Total loss to shareholders of 89% over the past three years. Announcement • Dec 31
HelloFresh SE to Report Fiscal Year 2023 Results on Mar 15, 2024 HelloFresh SE announced that they will report fiscal year 2023 results on Mar 15, 2024 New Risk • Nov 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €16.03, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Consumer Retailing industry in Europe. Total loss to shareholders of 66% over the past three years. Reported Earnings • Oct 27
Third quarter 2023 earnings released: €0.06 loss per share (vs €0.015 profit in 3Q 2022) Third quarter 2023 results: €0.06 loss per share (down from €0.015 profit in 3Q 2022). Revenue: €1.80b (down 3.0% from 3Q 2022). Net loss: €11.1m (down €13.7m from profit in 3Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: €0.39 (vs €0.37 in 2Q 2022) Second quarter 2023 results: EPS: €0.39 (up from €0.37 in 2Q 2022). Revenue: €1.92b (down 2.0% from 2Q 2022). Net income: €66.5m (up 5.7% from 2Q 2022). Profit margin: 3.5% (up from 3.2% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €21.65, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Consumer Retailing industry in the United Kingdom. Total loss to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €18.96, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Consumer Retailing industry in the United Kingdom. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €20.94, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Consumer Retailing industry in the United Kingdom. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.28 per share. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €17.90, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Consumer Retailing industry in the United Kingdom. Total loss to shareholders of 13% over the past three years. Reported Earnings • Mar 08
Full year 2022 earnings released: EPS: €0.73 (vs €1.48 in FY 2021) Full year 2022 results: EPS: €0.73 (down from €1.48 in FY 2021). Revenue: €7.61b (up 27% from FY 2021). Net income: €127.0m (down 50% from FY 2021). Profit margin: 1.7% (down from 4.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 08
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be €25.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 30% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €25.09, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 6.7% over the past three years. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 17% share price gain to €24.03, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.69 per share. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €20.92, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.72 per share. Announcement • Dec 20
HelloFresh SE to Report Fiscal Year 2022 Results on Mar 07, 2023 HelloFresh SE announced that they will report fiscal year 2022 results on Mar 07, 2023 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 17% share price gain to €24.25, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 8x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.42 per share. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: €0.01 (vs €0.13 in 3Q 2021) Third quarter 2022 results: EPS: €0.01 (down from €0.13 in 3Q 2021). Revenue: €1.86b (up 31% from 3Q 2021). Net income: €2.60m (down 89% from 3Q 2021). Profit margin: 0.1% (down from 1.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improved over the past week After last week's 17% share price gain to €27.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 9x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 121% over the past three years. Reported Earnings • Aug 16
Second quarter 2022 earnings released: EPS: €0.37 (vs €0.48 in 2Q 2021) Second quarter 2022 results: EPS: €0.37 (down from €0.48 in 2Q 2021). Revenue: €1.96b (up 26% from 2Q 2021). Net income: €62.9m (down 25% from 2Q 2021). Profit margin: 3.2% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 6.1% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 43% per year. Buying Opportunity • Jul 21
Now 7.0% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be €27.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 32% per annum over the same time period. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €25.70, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.64 per share. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €28.78, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 243% over the past three years. Valuation Update With 7 Day Price Move • May 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €31.54, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 10x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €26.38 per share. Reported Earnings • May 01
First quarter 2022 earnings released: EPS: €0.16 (vs €0.58 in 1Q 2021) First quarter 2022 results: EPS: €0.16 (down from €0.58 in 1Q 2021). Revenue: €1.92b (up 33% from 1Q 2021). Net income: €27.3m (down 73% from 1Q 2021). Profit margin: 1.4% (down from 7.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 23%, compared to a 5.0% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €37.68, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 11x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 330% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 17% share price gain to €41.70, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 12x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 388% over the past three years. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 26% share price decline to €35.99, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 11x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 293% over the past three years. Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €1.48 (down from €2.19 in FY 2020). Revenue: €5.99b (up 60% from FY 2020). Net income: €256.1m (down 31% from FY 2020). Profit margin: 4.3% (down from 9.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 21%, compared to a 7.6% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €56.24, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 13x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 707% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €91.43 per share. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €70.64, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 12x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 997% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €72.70 per share. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 22% share price gain to €85.31, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 14x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders of 673% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €71.25 per share. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS €0.13 The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €1.42b (up 46% from 3Q 2020). Net income: €23.1m (down 69% from 3Q 2020). Profit margin: 1.6% (down from 7.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 17% share price gain to €93.55, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 27x in the Online Retail industry in the United Kingdom. Total returns to shareholders of 648% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €52.60 per share. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS €0.48 (vs €0.70 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €1.56b (up 60% from 2Q 2020). Net income: €83.7m (down 28% from 2Q 2020). Profit margin: 5.4% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 86% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 05
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €1.44b (up 106% from 1Q 2020). Net income: €101.6m (up 156% from 1Q 2020). Profit margin: 7.0% (up from 5.7% in 1Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 16% share price gain to €71.97, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 33x in the Online Retail industry in the United Kingdom. Total returns to shareholders of 432% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €43.80 per share. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €55.83, the stock is trading at a trailing P/E ratio of 26.8x, down from the previous P/E ratio of 32x. This compares to an average P/E of 39x in the Online Retail industry in the United Kingdom. Total returns to shareholders over the past three years are 346%. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue beats expectations Revenue exceeded analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 23%, compared to a 22% growth forecast for the Online Retail industry in the United Kingdom. Reported Earnings • Mar 03
Full year 2020 earnings released: EPS €2.19 (vs €0.062 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €3.75b (up 107% from FY 2019). Net income: €369.0m (up €379.2m from FY 2019). Profit margin: 9.8% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 69% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 08
New 90-day high: €74.65 The company is up 87% from its price of €39.92 on 10 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.01 per share. Is New 90 Day High Low • Jan 23
New 90-day high: €68.35 The company is up 43% from its price of €47.80 on 23 October 2020. The British market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.41 per share. Is New 90 Day High Low • Dec 31
New 90-day high: €63.26 The company is up 29% from its price of €49.02 on 02 October 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.35 per share. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improved over the past week After last week's 20% share price gain to €56.49, the stock is trading at a trailing P/E ratio of 48.4x, up from the previous P/E ratio of 40.3x. This compares to an average P/E of 35x in the Online Retail industry in the United Kingdom. Total returns to shareholders over the past three years are 477%. Is New 90 Day High Low • Dec 11
New 90-day high: €56.49 The company is up 46% from its price of €38.56 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.97 per share. Valuation Update With 7 Day Price Move • Nov 11
Market pulls back on stock over the past week After last week's 18% share price decline to €39.92, the stock is trading at a trailing P/E ratio of 35.4x, down from the previous P/E ratio of 43.1x. This compares to an average P/E of 30x in the Online Retail industry in the United Kingdom. Total returns to shareholders over the past year are 138%. Analyst Estimate Surprise Post Earnings • Nov 05
Revenue beats expectations Revenue exceeded analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 22%, compared to a 25% growth forecast for the Online Retail industry in the United Kingdom. Reported Earnings • Nov 05
Third quarter 2020 earnings released: EPS €0.45 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €970.2m (up 120% from 3Q 2019). Net income: €74.4m (up 226% from 3Q 2019). Profit margin: 7.7% (up from 5.2% in 3Q 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 16
Market bids up stock over the past week After last week's 17% share price gain to €54.79, the stock is trading at a trailing P/E ratio of 45.8x, up from the previous P/E ratio of 39.2x. This compares to an average P/E of 29x in the Online Retail industry in the United Kingdom. Total returns to shareholders over the past year are 209%. Is New 90 Day High Low • Oct 14
New 90-day high: €50.60 The company is up 6.0% from its price of €47.93 on 16 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.48 per share. 
