On a Monday is the starting signal for trading Birkenstock on the stock exchange.
The subscription period is initially to run until 10.10.2023 and the first listing is then to take place one day later.
A valuation of 10 billion euros is currently expected.
With sales of just under 1.X billion euros and a surplus of less than 0.2 billion, a factor of more than 50 (!!!) is expected here.
With these figures alone, the IPO already looks extremely overvalued and I sense a bloodbath for the investors. In the long term, it may stabilize, but the IPO with this valuation currently looks extremely risky.
