Added to YB: 2024-09-09
Pitch date: 2024-09-09
CTT.LS [bullish]
CTT - Correios De Portugal, S.A.
+65.7%
current return
Author Info
No bio for this author
Company Info
CTT - Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide.
Market Cap
EUR 1.0B
Pitch Price
EUR 4.41
Price Target
N/A
Dividend
2.20%
EV/EBITDA
-4.52
P/E
21.75
EV/Sales
-0.76
Sector
Air Freight and Logistics
Category
value
$CTT.LS
$CTT.LS - A postal/financial services company in Portugal might not sound sexy but if we dig deeper we find: huge buybacks/dividend, a great friendly activist on board, a CEO who is willing to optimize shareholder value: https://bloomberg.com/news/articles/2024-05-21/portugal-s-ctt-is-looking-for-acquisitions-of-logistics-companies-in-spain, insider purchases, and a 5-6x 2025e ebit