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Global Fashion Group (GFG) AI Stock Analysis
Global Fashion Group
(XETRA:GFG)
Global Fashion Group is navigating a challenging turnaround, which keeps its overall score suppressed due to sustained revenue contraction and a highly speculative valuation profile. However, the rating is bolstered by strong technical momentum, excellent debt deleveraging, and recent operational progress highlighted by upgraded EBITDA guidance and a return to positive cash flow.
Global Fashion Group (GFG) vs. iShares MSCI Germany ETF (EWG)
- Market Cap
- EUR 101.19M
- Dividend Yield
- ―
- Average Volume (3M)
- 132.18K
- Price to Earnings (P/E)
- -3.9
- Beta (1Y)
- -0.15
- Revenue Growth
- -5.24%
- EPS Growth
- 67.43%
- Country
- Germany
- Employees
- 3,084
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Apparel - Retail
Global Fashion Group Business Overview & Revenue Model
Company Description
Global Fashion Group S.A. (GFG) operates a collection of online retail platforms specializing in fashion and lifestyle merchandise. These digital marketplaces serve customers across Latin America, the Commonwealth of Independent States (CIS), Southea...
How the Company Makes Money
GFG primarily makes money by selling fashion and lifestyle products through its e-commerce platforms. Its revenue model is typically a mix of: (1) Direct/1P retail sales, where GFG buys inventory (or sources products) and sells items to consumers at...
Global Fashion Group Earnings Call Summary
Balanced but constructive. The company demonstrated meaningful operational and financial progress — delivering the first profitable H1 within its current footprint, sizable YoY improvements in adjusted EBITDA and normalized free cash flow, strong unit‑economics gains, fulfillment and AI efficiency wins, and a solid cash position. However, top‑line headwinds persist (notably an 11% NMV decline in SEA, active customer contraction of 5.5%, and revenue declines in LatAm), management lowered the NMV outlook and cash flow remains negative on an LTM basis. Overall the call conveys that management is focused on profitable, cash‑disciplined recovery with clear operational momentum, while important regional growth and market‑share challenges remain to be addressed.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management narrowed full‑year 2026 guidance to constant‑currency NMV down 4% to 0% and raised the bottom end of adjusted EBITDA to EUR 18–25m (a year‑on‑year improvement of EUR 9–16m); on a reported basis using 30 June FX this equates to NMV of ~EUR 1.05–1.09bn. They reaffirmed unchanged expectations for leases, working capital and CapEx (about EUR 30m aggregate), expect a small working‑capital inflow of ~EUR 3m this year, and noted that roughly EUR 30m of adjusted EBITDA is needed to cover capex/leases (with a further run‑rate ~EUR 10m for interest/tax) to reach cash break‑even. The revision reflects H1 trends (Q2 NMV −0.6% cc, H1 NMV −1.7% cc, H1 revenue −3.5% cc), H1 adjusted EBITDA of +EUR 1m (EUR 9m y/y improvement; +2.8pp margin), LTM adjusted EBITDA improvement of EUR 23m and LTM normalized free cash flow improvement of EUR 28m to −EUR 19m.
Global Fashion Group Financial Statement Overview
Summary
Dragged down by multi-year revenue declines and ongoing unprofitability, though partially offset by aggressive debt reduction and an encouraging pivot to positive free cash flow generation.
Income Statement
35NegativeBalance Sheet
48NeutralCash Flow
65Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 677.80M | 679.80M | 743.50M | 838.00M | 1.07B | 1.04B |
| Gross Profit | 315.20M | 315.50M | 333.80M | 352.90M | 452.70M | 448.30M |
| EBITDA | 11.80M | 1.50M | -18.60M | -86.20M | -68.20M | -38.00M |
| Net Income | -25.90M | -60.30M | -82.50M | -178.40M | -196.30M | -124.80M |
Balance Sheet | ||||||
| Total Assets | 458.10M | 530.30M | 637.50M | 862.00M | 1.17B | 1.54B |
| Cash, Cash Equivalents and Short-Term Investments | 98.40M | 176.50M | 210.60M | 387.00M | 550.00M | 634.50M |
| Total Debt | 59.50M | 95.90M | 103.00M | 239.40M | 343.00M | 497.20M |
| Total Liabilities | 325.70M | 374.70M | 426.30M | 566.30M | 695.10M | 971.40M |
| Stockholders Equity | 132.40M | 156.50M | 213.70M | 272.30M | 475.50M | 569.70M |
Cash Flow | ||||||
| Free Cash Flow | 15.20M | -6.50M | -44.60M | -76.40M | 25.00M | -107.80M |
| Operating Cash Flow | 16.60M | 7.50M | -15.00M | -47.50M | 92.60M | -51.20M |
| Investing Cash Flow | -9.30M | -9.80M | 130.10M | 48.90M | -38.00M | -293.10M |
| Financing Cash Flow | -51.20M | -29.80M | -130.60M | -99.50M | -121.90M | 370.10M |
Global Fashion Group Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:GFG, the sentiment is Negative. The current price of 0.46 is below the 20-day moving average (MA) of 0.46, above the 50-day MA of 0.45, and above the 200-day MA of 0.43, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 46.12 is Neutral, neither overbought nor oversold. The STOCH value of 22.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:GFG.
Global Fashion Group Peers Comparison
Overall Rating
DE:WEW71Outperform- DE:GFG56Neutral
DE:BIKE52Neutral
DE:PUM50Neutral
DE:MRX41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| DE:WEW | 71Outperform | EUR 245.55M | 10.40 | 29.50% | ― | 8.79% | 438.95% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| DE:GFG | 56Neutral | EUR 101.66M | -3.93 | -17.93% | ― | -5.24% | 67.43% |
| DE:BIKE | 52Neutral | EUR 92.31M | 51.23 | 1.47% | ― | 26.48% | ― |
| DE:PUM | 50Neutral | EUR 3.91B | -9.02 | -24.18% | 2.29% | -19.49% | -53.96% |
| DE:MRX | 41Neutral | EUR 36.93M | -1.22 | -68.17% | ― | -12.21% | 62.09% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DE:GFG | Global Fashion Group S.A. | 0.45 | 0.15 | 48.33% | |
| DE:PUM | PUMA SE NPV | 26.62 | 9.13 | 52.16% | |
| DE:WEW | Westwing Group | 12.85 | 1.10 | 9.36% | |
| DE:BIKE | Bike24 Holding AG | 2.09 | -1.32 | -38.71% | |
| DE:MRX | Mister Spex SE | 1.08 | -0.38 | -25.68% | |
| DE:AAH | Ahlers AG | 0.01 | 0.00 | 0.00% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 16, 2026