Professional
Added to YB: 2024-09-03
Pitch date: 2024-08-31
SLYG.F [bullish]
Shelly Group SE
+37.76%
current return
Author Info
Arauca Capital is a long-biased alternative investment fund that invests in listed companies following Warren Buffett´s philosophy. Arauca thrives in finding and holding great businesses for long periods of time or as long as management executes. Visit the website.
Company Info
Shelly Group SE, together with its subsidiaries, engages in the internet of things business in Bulgaria, European Union, and internationally.
Market Cap
EUR 1.9B
Pitch Price
EUR 36.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
29.49
P/E
39.32
EV/Sales
6.60
Sector
Electronic Equipment, Instruments and Components
Category
growth
Arauca Capital Portfolio Holding: Shelly Group AD
SLYG.F: IoT leader w/ 52% Q2 growth, expanding margins. Unique in multi-protocol compatibility, open-source customization. New Shelly X module to disrupt OEM market. Acquired LOQED smart locks. Trading at 21x 2025E earnings, 15x 2026E. Potential upside from new verticals & expansion.
Read full article (9 min)