Added to YB: 2025-05-20
Pitch date: 2025-05-09
TKTT.PA [neutral]
Tarkett S.A.
+0.59%
current return
Author Info
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Company Info
Tarkett S.A. provides flooring and sports surface solutions to businesses and residential end users in Europe, the Middle East, Africa, North America, the Commonwealth of Independent States, the Asia Pacific, and Latin America.
Market Cap
EUR 1.1B
Pitch Price
EUR 16.90
Price Target
20.00 (+18%)
Dividend
N/A
EV/EBITDA
5.10
P/E
-17.69
EV/Sales
0.46
Sector
Building Products
Category
special_situation
Tarkett: Will the expert slip on the non-slip floor?
TKTT.PA (acquisition offer): €17 buyout offer from Wendel/Deconinck faces significant challenges - previous non-binding offer was €20 in 2021 despite improving metrics (growing revenue, EBITDA, equity). Activist Tweedy Brown opposes; Moody's upgraded outlook. Expert who validated prior offer now conflicted. Aggressive adjustments (Russia, WC, tax losses) appear excessive. AMF likely to demand €20+ (45% probability).
Read full article (4 min)