My base case valuation of Shein is market cap of US$26 billion, which is lower than the target IPO valuation range of US$30 billion to US$40 billion that the company is seeking.
What is covered in the Full Insight:
Introduction to Shein IPO Valuation
Comparable Companies and Market Comparison
Financial Forecast and Revenue Projections
Challenges in Profit Margins and Fulfillment Costs