Jonas (@MyNameChef) on getquin

1Yr·

Hey,

Do you think it would be useful $BIRK (+4.23%) (Birkenstock) to buy? Is supposed to go on the NYSE tomorrow. I am undecided. Somehow I have the feeling that Birkenstock is overvalued. Especially recently, other IPOs have gone to the exchange which were highly valued and the shares have gone south relatively quickly, for example: $CART .

Would times like to know your opinion on this.

10 Comments

NEWT@SteelAnacott

1Yr

Quite apart from the IPO, I ask myself with every possible investment beforehand how deep the moat is and I don't see that with Birkenstock, or at least not so deep that I would be interested. I mean the slippers are not bad but for me not indispensable or irreplaceable.

•

Staatsmann@Staatsmann

1Yr

In the meantime, we are "only" assuming valuations of just under 1.46 billion. With sales of 1.X billion and a surplus of almost 0.2 billion, the factor is 7.3 (0.2 billion * 7.3 = 1.46 billion), at least if I calculate the IPO valuation with a price-to-earnings multiple. In my view, these figures are slowly becoming more realistic than the targeted 10 billion! (https://getqu.in/03m9VX/)

••

View all 5 further answers