Mister Spex SE (MRX) AI Stock Analysis

• Market Cap: €52.25M
• Dividend Yield: N/A
• Average Volume (3M): 15.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.04
• Revenue Growth: -3.03%
• EPS Growth: -76.50%
• Country: DE
• Employees: 1,212
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Specialty Retail
• EPS (TTM): -0.21
• Shares Outstanding: 35,048,000
• 10 Day Avg. Volume: 25,375
• 30 Day Avg. Volume: 15,100
• PEG Ratio: -0.07
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: €1.50 ▼(-2.60%Downside)

Mister Spex SE is currently facing financial difficulties, characterized by declining revenues and negative profitability metrics. The technical indicators provide some near-term support but do not mitigate the long-term financial challenges. Valuation metrics further detract from the stock's attractiveness, with a negative P/E ratio and no dividend yield. These factors combine to result in a low overall stock score, requiring significant improvements in financial performance for a more favorable outlook.

Mister Spex SE Business Overview & Revenue Model

Company Description

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. It operates approximately 48 brick and mortar stores in Germany, Austria, and Sweden. Mister Spex SE was incorporated in 2007 and is headquartered in Berlin, Germany.

How the Company Makes Money

Mister Spex SE generates revenue primarily through the sale of eyewear products such as prescription glasses, sunglasses, and contact lenses via its online platform and physical retail locations. Key revenue streams include direct online sales to consumers, in-store purchases at its brick-and-mortar locations, and services offered through its partner optician network, which allows customers to access eye tests and fitting services. The company benefits from significant partnerships with well-known eyewear brands, enhancing its product offerings and attracting a wide customer base. Additionally, Mister Spex SE's integration of digital and physical retail channels provides a seamless shopping experience, encouraging repeat purchases and customer loyalty.

Mister Spex SE Financial Statement Overview

Summary

Mister Spex SE faces significant financial challenges, with declining revenues, persistent losses, and negative cash flow metrics. The company struggles with high operational expenses and low profitability, and while the balance sheet shows moderate leverage, the overall financial health is constrained by negative returns and poor cash flow performance.

Income Statement

Mister Spex SE shows declining revenue with a revenue growth rate of -2.96% from the previous year (2023 to 2024). The company has a negative gross profit margin of 29.06% TTM, indicating challenges in managing cost of goods sold. Profitability metrics are weak with a net profit margin of -38.96% TTM, and both EBIT and EBITDA margins are negative, reflecting ongoing operational and financial struggles.

Balance Sheet

The debt-to-equity ratio stands at 0.98 TTM, indicating moderate leverage. However, the return on equity is negative at -125.33% TTM, largely due to significant net losses. The equity ratio is somewhat stable at 39.96% TTM, suggesting a reasonable proportion of equity financing relative to total assets.

Cash Flow

Cash flow metrics indicate financial stress, with a negative free cash flow growth rate of -16.20% from 2023 to 2024. The operating cash flow to net income ratio is unfavorable at 0.17 TTM, and the free cash flow to net income ratio is also negative. These reflect challenges in generating sufficient cash from operations to cover net losses.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
210.34M	216.75M	223.53M	210.07M	194.25M	164.20M
	Gross Profit
61.17M	111.22M	24.81M	108.73M	101.86M	85.51M
	EBIT
-45.11M	-48.06M	-28.17M	-30.29M	-24.07M	-5.26M
	EBITDA
-25.99M	-51.02M	-9.62M	-14.07M	-8.48M	5.77M
	Net Income Common Stockholders
-81.96M	-84.86M	-47.88M	-44.93M	-31.52M	-10.26M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
73.32M	73.08M	111.15M	128.30M	178.08M	14.68M
	Total Assets
163.59M	171.27M	306.48M	293.23M	325.32M	122.74M
	Total Debt
64.17M	66.35M	86.61M	61.66M	51.69M	67.69M
	Net Debt
-6.12M	-5.78M	-24.05M	-66.14M	-97.95M	53.16M
	Total Liabilities
98.20M	99.43M	151.02M	92.23M	80.53M	89.33M
	Stockholders Equity
65.39M	71.84M	155.45M	201.00M	244.78M	33.41M
Cash Flow		Free Cash Flow
-19.00M	-22.68M	-8.57M	-40.52M	-43.67M	-15.39M
	Operating Cash Flow
-13.71M	-16.30M	6.04M	-20.84M	-27.82M	-1.55M
	Investing Cash Flow
-5.29M	-6.38M	-14.61M	3.75M	-40.93M	-17.06M
	Financing Cash Flow
-16.32M	-15.85M	-8.57M	-4.76M	203.86M	9.86M

Mister Spex SE Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.54
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:MRX, the sentiment is Negative. The current price of 1.54 is above the 20-day moving average (MA) of 1.51, above the 50-day MA of 1.43, and below the 200-day MA of 1.76, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 51.08 is Neutral, neither overbought nor oversold. The STOCH value of 34.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:MRX.

Mister Spex SE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$6.94B	11.34	2.80%	4.26%	2.68%	-24.70%
MRX	47 Neutral	€52.25M	―	-74.67%	―	-3.03%	-76.50%
PMMAF		$3.83B	18.30	7.25%	2.66%	―	―
0MG1		€4.58B	30.04		1.84%	―	―
LNXSF		$2.69B	―	-3.92%	0.37%	―	―
HFG	57 Neutral	€1.61B	―	-20.86%	―	-1.77%	-361.24%
ADPPF		$43.78M	0.06	1236.17%	―	―	―