Added to YB: 2024-08-14
Pitch date: 2024-06-30
DHER.DE [neutral]
Delivery Hero SE
-2.35%
current return
Author Info
No bio for this author
Company Info
Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 70 countries in Asia, the Middle East, Africa, Europe, and Latin America.
Market Cap
EUR 6.5B
Pitch Price
EUR 22.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.50
P/E
-11.52
EV/Sales
0.63
Sector
Hotels, Restaurants and Leisure
Category
value
Longleaf Partners International Fund Portfolio Holding: Delivery Hero SE
DHER.DE: Inline results, upgraded revenue guidance. Concerns: Korea competition, China entry to Middle East. Positive: $950M Taiwan sale to Uber at 3x EV/GMV multiple (3% GMV for 8% EV). Board renewal: activist shareholder joins, Prosus (30% owner) engaging. Opportunities: revenue optimization, cost efficiencies, portfolio rationalization. Undervalued due to market skepticism.
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