Added to YB: 2025-06-23
Pitch date: 2025-05-05
CEE [bullish]
The Central and Eastern Europe Fund, Inc.
+17.82%
current return
Author Info
No bio for this author
Company Info
The Central and Eastern Europe Fund, Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc.
Market Cap
$99.5M
Pitch Price
$14.93
Price Target
27.00 (+53%)
Dividend
2.29%
EV/EBITDA
N/A
P/E
3.54
EV/Sales
37.71
Sector
Capital Markets
Category
value
The Central and Eastern Europe Fund, Inc. - $CEE
CEE: Buy diversified European EM equities at market value and get a portfolio of Russian companies for free. Post-Ukraine war, fund retained Russian holdings (50% of NAV) marked at zero. Trade at 0-5% premium to ex-Russia NAV. Base case 28% upside. Russian assets (Lukoil, Sberbank, Gazprom) trade at 2.8-5.5x P/E. Bull case 80% with peace talks.
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