Professional
Added to YB: 2025-05-23
Pitch date: 2025-05-22
WJL.AX [bullish]
Webjet Group Limited
+4.02%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
Webjet Group Limited engages in B2C online travel business. It offers Webjet OTA, an online travel agency that enables customers to compare, combine, and book domestic and international travel flight deals, hotel accommodation, holiday package deals, travel insurance, and car hire worldwide.
Market Cap
AUD 361.1M
Pitch Price
AUD 0.85
Price Target
1.00 (+14%)
Dividend
N/A
EV/EBITDA
8.38
P/E
71.88
EV/Sales
1.55
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Webjet Draws Buyout Bids Amid 20%+ Upside and Strong FY25 EBITDA Delivery
WJL.AX: Bidding war emerging with PE firm BGH (11%+ stake) offering A$0.80/share and competitor Helloworld (10% stake) buying at A$0.85. Both proposals rejected by board. Undervalued at 5.7x EBITDA vs peers and own ASX spin-off price (7.5x). FY25 results solid with improved margins. 20%+ upside potential.
Read full article (2 min)