Farfetch Limited, through its subsidiary, Farfetch.com Limited, provides an online marketplace for luxury goods in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Excellent balance sheet with limited growth.
Share Price & News
How has Farfetch's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FTCH's share price has been volatile over the past 3 months.
7 Day Return
US Online Retail
1 Year Return
US Online Retail
Return vs Industry: FTCH underperformed the US Online Retail industry which returned 2.3% over the past year.
Return vs Market: FTCH underperformed the US Market which returned -13.6% over the past year.
Price Volatility Vs. Market
How volatile is Farfetch's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Farfetch Limited (NYSE:FTCH) Trading At A 30% Discount?
2 months ago | Simply Wall StImagine Owning Farfetch (NYSE:FTCH) And Wondering If The 40% Share Price Slide Is Justified
3 months ago | Simply Wall StEstimating The Fair Value Of Farfetch Limited (NYSE:FTCH)
Is Farfetch undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: FTCH ($7.15) is trading above our estimate of fair value ($7.04)
Significantly Below Fair Value: FTCH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FTCH is unprofitable, so we can't compare its PE Ratio to the Online Retail industry average.
PE vs Market: FTCH is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FTCH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FTCH is good value based on its PB Ratio (2.1x) compared to the US Online Retail industry average (2.1x).
How is Farfetch forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FTCH is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FTCH is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FTCH is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FTCH's revenue (20.9% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: FTCH's revenue (20.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FTCH is forecast to be unprofitable in 3 years.
How has Farfetch performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTCH is currently unprofitable.
Growing Profit Margin: FTCH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FTCH is unprofitable, and losses have increased over the past 5 years at a rate of -38.7% per year.
Accelerating Growth: Unable to compare FTCH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FTCH is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (18.4%).
Return on Equity
High ROE: FTCH has a negative Return on Equity (-27.93%), as it is currently unprofitable.
How is Farfetch's financial position?
Financial Position Analysis
Short Term Liabilities: FTCH's short term assets ($645.3M) exceed its short term liabilities ($468.0M).
Long Term Liabilities: FTCH's short term assets ($645.3M) exceed its long term liabilities ($422.0M).
Debt to Equity History and Analysis
Debt Level: FTCH is debt free.
Reducing Debt: FTCH had no debt 5 years ago.
Inventory Level: FTCH has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if FTCH's debt is covered by short term assets.
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: FTCH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FTCH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Farfetch's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FTCH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FTCH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FTCH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FTCH'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 FTCH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jos Neves (44yo)
Mr. José Ferreira Neves, also known as Jos, is the founder of Farfetch Limited and has been its Chief Executive Officer since 2008 and Co-Chairman since February 2017. Mr. Neves is the Founder of Farfetch ...
|Founder||12.25yrs||no data||0.13% $3.1m|
|Chief Financial Officer||5.25yrs||no data||0.15% $3.6m|
|Chief Operations Officer||0.25yr||no data||no data|
|Chief Technology Officer||no data||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|General Counsel & EVP of Group Legal||no data||no data||no data|
|Global Vice President of Communications||no data||no data||no data|
|Chief People Officer||no data||no data||no data|
|Chief Commercial & Sustainability Officer||no data||no data||no data|
|Executive Vice President of Store of the Future||no data||no data||no data|
Experienced Management: FTCH's management team is seasoned and experienced (5.3 years average tenure).
|Founder||12.25yrs||no data||0.13% $3.1m|
|Independent Non Executive Director||5.17yrs||no data||no data|
|Independent Non Executive Director||6yrs||no data||no data|
|Independent Non Executive Director||5yrs||no data||0.0029% $71.4k|
|Independent Non Executive Director||2.92yrs||no data||0.029% $714.4k|
|Independent Non Executive Director||4.83yrs||no data||0.048% $1.2m|
|Co-Chairman||3.17yrs||no data||0.044% $1.1m|
|Independent Non Executive Director||1.17yrs||no data||no data|
Experienced Board: FTCH's board of directors are considered experienced (4 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.6%.
Farfetch Limited's company bio, employee growth, exchange listings and data sources
- Name: Farfetch Limited
- Ticker: FTCH
- Exchange: NYSE
- Founded: 2007
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$2.428b
- Shares outstanding: 339.60m
- Website: https://aboutfarfetch.com
Number of Employees
- Farfetch Limited
- The Bower
- 211 Old Street
- Greater London
- EC1V 9NR
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FTCH||NYSE (New York Stock Exchange)||Yes||Class A Ordinary Shares||US||USD||Sep 2018|
|F1F||DB (Deutsche Boerse AG)||Yes||Class A Ordinary Shares||DE||EUR||Sep 2018|
|0K6O||LSE (London Stock Exchange)||Yes||Class A Ordinary Shares||GB||USD||Sep 2018|
Farfetch Limited, through its subsidiary, Farfetch.com Limited, provides an online marketplace for luxury goods in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in three segments: Digital Platform, Brand Platform, and In-Store. The company operates Farfetch.com, an online marketplace, as well as Farfetch app for retailers and brands. It also offers web design, build, development, and retail distribution solutions for retailers and brands. In addition, the company operates two Browns retail stores in London; one Stadium Goods retail store in New York; and two New Guards Off-White stores in Las Vegas and New York. Further, it operates approximately 50 New Guards franchised retail stores. Farfetch Limited was founded in 2007 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 11:15|
|End of Day Share Price||2020/04/01 00:00|
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.