Professional
Added to YB: 2024-09-03
Pitch date: 2024-08-31
SLYG.F [bullish]
Shelly Group SE
+51.09%
current return
Author Info
No bio for this author
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 2.0B
Pitch Price
EUR 36.00
Price Target
N/A
Dividend
0.24%
EV/EBITDA
30.60
P/E
36.91
EV/Sales
7.81
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.
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