ODD

ODDITY Tech Ltd. - Ordinary Shares - Class A

Consumer


Presented:01/16/2024
Price:$43.77
Cap:$2.47B
Current Price:$41.48
Cap:$2.36B

Presented

Date01/16/2024
Price$43.77
Market Cap$2.47B
Ent Value$1.56B
P/E Ratio169.59x
Book Value$1.26
Div Yield0%
Shares O/S56.54M
Ave Daily Vol464,574
Short Int17.37%

Current

Price$41.48
Market Cap$2.36B
Oddity Tech Ltd. engages in the online retail sale of cosmetics and beauty products. Its products include lipsticks, makeup brushes, mascara, eyelash curlers, and makeup brush cleansers. The company was founded by Oran Holtzman and Shiran Holtzman-Erel on March 23, 2013 and is headquartered in Tel Aviv, Israel.

Publicly traded companies mentioned herein: Oddity Tech (ODD)

Highlights

The presenter is short shares of Oddity Tech (ODD), based on the belief that management has exaggerated the impact of AI in the business, doubts about sustained growth, high valuation, and potential insider selling pressure post-lock-up period. The overall performance and the inability to implement price increases in a premium brand market environment raises concerns. He views the current valuation, at about 30x EPS as too high, with doubts about the sustainability of the expected 20% continuous growth. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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