1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
We are reducing our fair value estimate for no-moat Farfetch to $11.40 from $12.20 as we lower our assumptions for the current year’s growth and profitability due to weakness in the company’s main markets—U.S. and China and sluggish New Guards Group revenue development. We still see shares as undervalued at current levels, but continue to prefer Zalando in the apparel online space on a bigger scale and in a more sound financial position.
Farfetch is an online platform connecting sellers and buyers of personal luxury goods. It was founded in 2008. The company partners with over 1,000 luxury goods sellers to offer their inventory on the platform. When making the retailers' stock available to almost a million active customers, the company charges a cut of over 30% (third-party take rate). The company operates digital marketplace platform Farfetch, Browns stores, acquired branded company New Guard Group and Farfetch solutions, powering e-commerce operations of luxury brands.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of FTCH’s competitive advantage.
Farfetch Ltd Class A
XNYS: FTCH
| Compagnie Financiere Richemont SA Class A
XSWX: CFR
| Zalando SE
XETR: ZAL
| The RealReal Inc
XNAS: REAL
| |
Price
| 1.96 | 113.50 | 21.30 | 2.24 |
Currency
| USD | CHF | EUR | USD |
Change
| +$0.08 (4.26%) | +$3.60 (3.28%) | +$0.59 (2.85%) | +$0.12 (5.66%) |
Market Cap
| 775.11 Mil | 64.69 Bil | 5.52 Bil | 228.80 Mil |
Industry
| Internet Retail | Luxury Goods | Internet Retail | Luxury Goods |
Sector
|
Consumer Cyclical
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Consumer Cyclical
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Consumer Cyclical
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Consumer Cyclical
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* Trading data in this section is delayed by at least 15 minutes.
No. FTCH does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
FTCH’s market cap is 775.11 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
FTCH’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
FTCH’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare FTCH’s historical performance against its industry peers and the overall market.
