Made.com Group (LSE:MADE) - Share price, News & Analysis

MADE fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

MADE Stock Overview

Made.com Group Plc, through its subsidiaries, engages in the online retail of furnishings and homeware.

Rewards

Trading at 7.4% below our estimate of its fair value

Earnings are forecast to grow 79.78% per year

Revenue grew by 50.4% over the past year

Risk Analysis

Volatile share price over the past 3 months

Made.com Group Competitors

Amazon.com

NasdaqGS:AMZN

US$1.1t

eBay

NasdaqGS:EBAY

US$24.8b

UK£7.7b

Canadian Tire Corporation

TSX:CTC.A

CA$10.4b

Price History & Performance

Summary of all time highs, changes and price drops for Made.com Group
Historical stock prices
Current Share Price	UK£0.52
52 Week High	UK£2.14
52 Week Low	UK£0.47
Beta	0
1 Month Change	-13.31%
3 Month Change	-28.73%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-73.55%

Recent News & Updates

May 17

Analyst Forecasts Just Became More Bearish On Made.com Group Plc (LON:MADE)

Today is shaping up negative for Made.com Group Plc ( LON:MADE ) shareholders, with the analysts delivering a...

Shareholder Returns

	MADE	GB Online Retail	GB Market
7D	-18.1%	3.4%	-0.4%
1Y	n/a	-68.0%	-4.0%

Return vs Industry: Insufficient data to determine how MADE performed against the UK Online Retail industry.

Return vs Market: Insufficient data to determine how MADE performed against the UK Market.

Price Volatility

Is MADE's price volatile compared to industry and market?
MADE volatility
MADE Average Weekly Movement	10.4%
Online Retail Industry Average Movement	10.0%
Market Average Movement	6.2%
10% most volatile stocks in GB Market	11.6%
10% least volatile stocks in GB Market	3.2%

Stable Share Price: MADE is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: MADE's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
2010	719	Nicola Thompson	https://www.made.com

Made.com Group Plc, through its subsidiaries, engages in the online retail of furnishings and homeware. The company provides sofas, chairs, tables, and beds; wardrobes, cabinets, bookcases, shelves, TV stands, storage benches, and other storage and utility products; and lighting products, such as floor lamps, table lamps, bedside lamps, lamp shades, wall lights, ceiling lighting, and chandeliers. It also offers textile products, including rugs, bedding, soft furnishings, and bath linen; décor products, such as mirrors, wall art, decorative accessories, home improvement, and candles and diffusers; kitchen products, including tableware, drinkware, cookware and bake ware, and accessories; lifestyle products; and garden furniture, seating products, and accessories.

Made.com Group Fundamentals Summary

How do Made.com Group's earnings and revenue compare to its market cap?
MADE fundamental statistics
Market Cap	UK£203.97m
Earnings (TTM)	-UK£27.80m
Revenue (TTM)	UK£371.90m

0.5x

P/S Ratio

-7.3x

P/E Ratio

Is MADE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MADE income statement (TTM)
Revenue	UK£371.90m
Cost of Revenue	UK£199.80m
Gross Profit	UK£172.10m
Other Expenses	UK£199.90m
Earnings	-UK£27.80m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.071
Gross Margin	46.28%
Net Profit Margin	-7.48%
Debt/Equity Ratio	0%

How did MADE perform over the long term?

See historical performance and comparison

Valuation

Is Made.com 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

7.4%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MADE (£0.52) is trading below our estimate of fair value (£0.56)

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

Price To Earnings Ratio

PE vs Industry: MADE is unprofitable, so we can't compare its PE Ratio to the European Online Retail industry average.

PE vs Market: MADE is unprofitable, so we can't compare its PE Ratio to the UK market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MADE's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: MADE is overvalued based on its PB Ratio (2.4x) compared to the GB Online Retail industry average (1.9x).

Future Growth

How is Made.com Group forecast to perform in the next 1 to 3 years based on estimates from 5 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

79.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MADE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

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

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

Revenue vs Market: MADE's revenue (14% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: MADE's revenue (14% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MADE's Return on Equity is forecast to be low in 3 years time (15.8%).

Past Performance

How has Made.com 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

-247.5%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: MADE is currently unprofitable.

Growing Profit Margin: MADE is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MADE's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: MADE is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (6.2%).

Return on Equity

High ROE: MADE has a negative Return on Equity (-32.67%), as it is currently unprofitable.

Financial Health

How is Made.com Group'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: MADE's short term assets (£188.6M) exceed its short term liabilities (£137.4M).

Long Term Liabilities: MADE's short term assets (£188.6M) exceed its long term liabilities (£21.9M).

Debt to Equity History and Analysis

Debt Level: MADE is debt free.

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

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

Dividend

What is Made.com 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 MADE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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

Discover strong dividend paying companies

Management

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

1.0yrs

Average board tenure

CEO

Nicola Thompson (42 yo)

0.25

Tenure

Ms. Nicola Thompson served as Chief Operating Officer at Made Com Group Plc since September 30, 2019 until 2022 and served as its Interim Chief Executive Officer from February 21, 2022 to March 07, 2022. S...

Board Members

Experienced Board: MADE's board of directors are not considered experienced ( 1 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: MADE only recently listed within the past 12 months.

Data	Last Updated (UTC time)
Company Analysis	2022/05/22 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31