Added to YB: 2025-01-24
Pitch date: 2025-01-22
MDARA.RG [neutral]
AS MADARA Cosmetics
+21.15%
current return
Author Info
Etruscan Capital writes about micro-caps you have never heard of. Sign up for the newsletter.
Company Info
AS MADARA Cosmetics, together with its subsidiaries, produces and sells natural and organic cosmetics under the MADARA and MOSSA brand names in the Baltic and Nordic region.
Market Cap
EUR 48.6M
Pitch Price
EUR 9.70
Price Target
N/A
Dividend
7.16%
EV/EBITDA
6.27
P/E
8.94
EV/Sales
1.86
Sector
Personal Care Products
Category
turnaround
Quick Fire Ideas I'm Working On - Madara Cosmetics
MDARA.RG (more research needed): Latvian organic cosmetics co. OP fell from €3.6M ('21) to €1.6M ('23) due to energy crisis & economic slowdown. Kept prices stable despite costs, hurting margins. Long-term focus on growth via advertising & partnerships. Green credentials appeal to target market. PE 28 FY23, 8x TTM. Key: recovery speed & growth strategy vs. big competitors.
Read full article (2 min)