Professional
Added to YB: 2025-05-02
Pitch date: 2025-03-31
GDS [neutral]
GDS Holdings Limited
+41.7%
current return
Author Info
No bio for this author
Company Info
GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China.
Market Cap
$42.2B
Pitch Price
$24.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.03
P/E
141.15
EV/Sales
7.14
Sector
IT Services
Category
growth
Baron Real Estate Fund Portfolio Holding: GDS Holdings Limited
GDS reduced position: Data center co up 250% since early 2024 entry at $6-9. Remains undervalued at ~10x adj cash flow vs REIT transactions at 13-15x. Bullish on accelerating growth, debt reduction, and DayOne's private capital raises at attractive valuations. Trimmed due to position size and risks: geopolitical tensions, debt levels, competition, potential capital needs.
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