MWB AG

Recommendation

Hold

Price Target

€50.00

Upside

-33.77%

Chart
  • 1M
  • 3M
  • 6M
  • YTD
  • 1Y
  • 3Y

€75.50

0 (0.00%)
Realtime-Data from 06.09.2024 03:30:00

MWB AG from Munich is a leading retailer of luxury watches in the DACH region. Founded in 2019 by Leon Schelske and Robin Haas, known online as the “Munich Wristbusters” for exposing counterfeit watches, the company has built a community of over 230,000 followers. Since 2021, MWB has leveraged this trust to buy, sell, and trade pre-owned luxury watches. It also offers services such as sourcing rare models, repairs, testing, and ceramic sealing. In 2023, MWB generated €10.4 million in revenue and plans to develop an innovative luxury watch ecosystem with services like safe deposit boxes, insurance, and a dedicated app.

ISIN
DE000A4032H1
Market Cap
€17.30M
Enterprise Value
€17.14M
26 week avg vol.
24
Primar Exchange
Vienna
IPO
2024
Sector
consumer-goods
Headquarters
Munich, DE
Employees
2
Incorporated
2021
CEO
Robin Haas
Free Float
3.98%
GE Ventures AG
65.72%
Robin Haas
15.15%
Leon Schelske
15.15%

KPIs in EUR

KPI20232024e2025e
Sales10.35M10.60M11.31M
EBITDA-81.71K106.00K214.89K
EBIT-87.73K106.00K214.89K
EPS0.460.80
FCF28.39K32.74K167.60K

Valuation

KPI20232024e2025e
EV / Sales1.66x1.61x1.50x
EV / EBITDA(209.76x)161.39x78.83x
EV / EBIT(195.38x)161.39x78.83x
Price / EarningsNaNx163.27x94.72x
EV / FCF603.71x522.52x101.07x

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Henry Wendisch

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