Added to YB: 2024-08-28
Pitch date: 2024-08-27
PZE.F [bullish]
Piraeus Port Authority S.A.
+61.98%
current return
Author Info
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Company Info
Piraeus Port Authority S.A. provides port services at the port of Piraeus, Greece. It operates through Container Terminal, Car Terminal, Coasting, Cruise, Ship Repairing, and Other segments.
Market Cap
EUR 997.5M
Pitch Price
EUR 23.92
Price Target
46.20 (+19%)
Dividend
4.81%
EV/EBITDA
6.37
P/E
10.69
EV/Sales
3.51
Sector
Transportation Infrastructure
Category
value
Piraeus Port Authority, a monopolistic company with growth opportunities:
PZE.F: Monopolistic Greek port operator w/ diverse revenue streams. 55% EBITDA margin, 23.3% ROIC. Growth drivers: expanding facilities, Greek economy recovery, cruise traffic. Risks: global trade decline, Chinese tariffs. Undervalued at 9.8x P/E vs 13.65x sector avg. 74% upside potential.
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