Professional
Added to YB: 2024-08-08
Pitch date: 2024-08-06
CTT.LS [bullish]
CTT - Correios De Portugal, S.A.
+80.91%
current return
Author Info
No bio for this author
Company Info
CTT - Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide.
Market Cap
EUR 1.0B
Pitch Price
EUR 4.04
Price Target
N/A
Dividend
2.20%
EV/EBITDA
-4.52
P/E
21.75
EV/Sales
-0.76
Sector
Air Freight and Logistics
Category
value
GreenWood Investors Portfolio Holding: CTT - Correios De Portugal, S.A.
CTT.LS: Portugal's e-commerce leader & financial disruptor. 40% profit growth in 2023. €100-120M 2025 profit target. 4th share buyback underway (4% reduction). Considering bank separation. Fastest-growing Iberian bank (BancoCTT) & parcel co. (CTT Express) in Europe. Undervalued vs. profit growth. CEO & board focused on transformation since 2019.
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