Added to YB: 2024-08-19
Pitch date: 2024-08-17
PLX.PA [bullish]
Pluxee N.V.
-33.98%
current return
Author Info
Robin's Research is a self-taught long-term investor sharing stock pitches in their newsletter. Sign up for the newsletter.
Company Info
Pluxee N.V. offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally.
Market Cap
EUR 2.0B
Pitch Price
EUR 20.24
Price Target
50.00 (+274%)
Dividend
2.82%
EV/EBITDA
1.96
P/E
9.99
EV/Sales
0.70
Sector
Financial Services
Category
growth
Pluxee NV (FR:PLX)
PLX.PA: Spin-off from Sodexo, digital employee benefits platform. 40%+ owned by Bellon family. Double-digit growth, margin improvement potential. 10% CAGR, 100bps EBITDA margin growth assumed. PT €50 by 2029. EV/EBITDA 4x, should be 10x. Inflation/high rates beneficial. Risks: merchant network, tax regulations. €1T market, 7-9% CAGR. SME focus, M&A strategy.
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