Westwing Group AG (DE:WEW)
XETRA:WEW
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Westwing Group AG
(XETRA:WEW)
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Rating:62Neutral
Price Target:
€16.00
▲(41.59% Upside)
Action:ReiteratedDate:03/27/26
The score is driven mainly by improving fundamentals (return to profitability, stronger margins, manageable leverage and significantly better free cash flow) and a supportive earnings-call outlook (EBITDA and cash flow improvement with reaffirmed guidance). These positives are tempered by weak technical momentum (bearish trend indicators) and limited valuation support due to a negative P/E and no dividend yield.
Positive Factors
Gross margin improvement
A sustained ~5 percentage-point gross margin uplift signals improved pricing, mix or sourcing, which directly supports durable profitability. Higher gross margins provide structural room to cover fixed costs, invest in marketing and logistics, and improve resilience to cost inflation over the next 2–6 months.
Negative Factors
Modest & volatile revenue growth
Modest, inconsistent revenue growth limits the durability of the profitability recovery: it constrains operating leverage, makes fixed-cost absorption harder, and raises execution risk for funding expansion. Volatility also complicates multi-quarter planning and margin predictability.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross margin improvement
A sustained ~5 percentage-point gross margin uplift signals improved pricing, mix or sourcing, which directly supports durable profitability. Higher gross margins provide structural room to cover fixed costs, invest in marketing and logistics, and improve resilience to cost inflation over the next 2–6 months.
Read all positive factors
Westwing Group AG (WEW) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€275.17M
Dividend YieldN/A
Average Volume (3M)10.14K
Price to Earnings (P/E)7.4
Beta (1Y)0.62
Revenue Growth-0.32%
EPS GrowthN/A
CountryDE
Employees1,240
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)1.52
Shares Outstanding19,650,000
10 Day Avg. Volume10,229
30 Day Avg. Volume10,141
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)2.43
Price to Sales (P/S)0.48
P/FCF Ratio6.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€25.00Price Target Upside121.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.06
Revenue Forecast (FY)€477.70M
Westwing Group AG Business Overview & Revenue Model
Company Description
Westwing Group SE, together with its subsidiaries, engages in the home and living eCommerce business. The company operates through two segments, DACH and International. It offers textiles, furniture, kitchen accessories, rugs, and home décor and a...
How the Company Makes Money
Westwing primarily makes money by selling home & living products directly to end customers through its online channels (B2C), recognizing revenue from product sales. Key revenue streams include (1) sales of own/in-house branded products (commonly ...
Westwing Group AG Earnings Call Summary
Earnings Call Date:Nov 06, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Positive
The earnings call highlighted Westwing's strong profitability improvements, successful geographic and store expansions, and a solid performance in its Westwing Collection and international segment. However, the company faced challenges with declining revenue in the DACH segment, negative impacts from product assortment changes, and a negative EBIT due to stock option adjustments. Overall, the positive aspects significantly outweigh the challenges.Positive Updates
Significant Improvement in Profitability
Adjusted EBITDA increased by 73% year-over-year, reaching EUR 6 million with an adjusted EBITDA margin of 6.1%, a 2.5 percentage point increase year-over-year.
Negative Updates
Decline in DACH Segment Revenue
The DACH segment saw a revenue decline of 2.4% year-over-year.
Read all updates
Q3-2025 Updates
Positive
Negative
Significant Improvement in Profitability
Adjusted EBITDA increased by 73% year-over-year, reaching EUR 6 million with an adjusted EBITDA margin of 6.1%, a 2.5 percentage point increase year-over-year.
Read all positive updates
Company Guidance
In the Q3 2025 earnings call, Westwing Group SE provided a robust update on their financial performance and strategic initiatives. The company reported a 5.4% year-over-year increase in GMV, reaching an adjusted EBITDA of EUR 6 million at a 6.1% margin, marking a 73% improvement year-over-year. Free cash flow was positive at EUR 10 million, ending the quarter with a net cash position of EUR 58 million. The Westwing Collection saw significant growth, with a 19% year-over-year increase, contributing to a 66% share of group GMV. The company expanded geographically by launching in 10 new countries and opened 7 new stores, aligning with their 3-step value creation plan. Westwing confirmed its financial guidance for 2025, expecting adjusted EBITDA at the upper end of the range, and expressed confidence in achieving high-single to double-digit growth and improved profitability by 2026.Westwing Group AG Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
67
Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 449.20M | 444.40M | 428.60M | 430.90M | 522.40M |
| Gross Profit | 222.80M | 225.70M | 212.90M | 202.80M | 256.70M |
| EBITDA | 37.40M | 17.10M | 12.40M | -11.00M | 33.40M |
| Net Income | 29.10M | -5.00M | -12.40M | -32.40M | 12.00M |
Balance Sheet | |||||
| Total Assets | 235.70M | 199.30M | 203.40M | 228.30M | 277.40M |
| Cash, Cash Equivalents and Short-Term Investments | 91.90M | 68.80M | 81.50M | 76.00M | 97.30M |
| Total Debt | 30.40M | 33.40M | 36.70M | 44.70M | 45.80M |
| Total Liabilities | 146.50M | 139.90M | 128.40M | 138.20M | 158.10M |
| Stockholders Equity | 89.20M | 59.40M | 75.00M | 90.10M | 119.30M |
Cash Flow | |||||
| Free Cash Flow | 34.30M | 6.40M | 27.90M | -21.40M | 3.80M |
| Operating Cash Flow | 38.60M | 16.60M | 33.30M | -7.50M | 18.70M |
| Investing Cash Flow | -5.70M | -7.50M | -3.80M | -11.40M | -16.00M |
| Financing Cash Flow | -9.80M | -21.80M | -23.90M | -2.70M | -9.70M |
Westwing Group AG Technical Analysis
Neutral
11.30
Price Trends
16.01
Negative
14.23
Positive
12.64
Positive
Market Momentum
-0.69
Positive
42.38
Neutral
29.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:WEW, the sentiment is Neutral. The current price of 11.3 is below the 20-day moving average (MA) of 15.42, below the 50-day MA of 16.01, and below the 200-day MA of 12.64, indicating a neutral trend. The MACD of -0.69 indicates Positive momentum. The RSI at 42.38 is Neutral, neither overbought nor oversold. The STOCH value of 29.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:WEW.
Westwing Group AG Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | €275.17M | 7.43 | 42.70% | ― | -0.32% | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | €1.34B | 34.56 | 6.50% | 2.88% | 3.26% | -17.15% | |
54 Neutral | €19.00M | 11.59 | -2.00% | ― | -7.02% | 75.13% | |
54 Neutral | €65.77M | 372.61 | 3.50% | ― | 1.39% | -1422.54% | |
48 Neutral | €466.08M | 29.95 | 4.14% | 5.56% | 18.21% | -66.72% |
* Consumer Cyclical Sector Average
DE:WEW
Westwing Group AG
14.70
7.00
90.91%
DE:ACWN
A.S. Creation Tapeten AG
7.40
1.50
25.42%
DE:HBM
HORNBACH Baumarkt
65.50
-0.58
-0.88%
DE:ECK
Ludwig Beck am Rathauseck Textilhaus Feldmeier
17.80
1.80
11.25%
DE:VIB3
Villeroy & Boch
17.65
1.51
9.39%
DE:HBH
HORNBACH Holding AG & Co
83.60
-4.58
-5.20%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.