Back to Blog
On the surface Naked brands looks like another struggling company selling for a little over a dollar. Naked has been crushed by the pandemic forcing them to pivot and change their business model on the fly.
What is truly mind blowing is there is a real argument for a long term share price of fifteen dollars. Naked has some of the top brands in Australia, it's not a huge stretch to value these at five dollars a share, Fredericks Of Hollywood we also value at five dollars a share.
Their remaining assets include 59 million in cash and several other niche brands we gave these an estimated value of five dollars. Keep in mind none of this includes their business which is being transitioned to pure E-commerce. The potential is compelling will the turnaround be executed successfully?
We rate Naked Brands Ticker NAKD a strong buy with massive upside potential.
Disclosure Our CEO is Long NAKD stock