Added to YB: 2024-08-09
Pitch date: 2024-08-08
EXO.AS [neutral]
Exor N.V.
-20.47%
current return
Author Info
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Company Info
Exor N.V. engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.
Market Cap
EUR 18.1B
Pitch Price
EUR 90.28
Price Target
N/A
Dividend
0.56%
EV/EBITDA
N/A
P/E
-28.39
EV/Sales
-66.68
Sector
Financial Services
Category
value
Exor N.V. - $EXO.AS
EXO.AS: Exor trades at 46% discount to NAV, mostly Ferrari (87% of mkt cap). Industrial holdings (Stellantis, CNH) generate €1B+ annual dividends despite low multiples. Diversifying into healthcare (Philips) & luxury. 12.5% NAV/share CAGR since 2020. Risks: industrial disruption, Ferrari multiple contraction. Buybacks & dividends provide 5% yield.
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