Added to YB: 2025-07-15
Pitch date: 2025-07-13
CNNE [bullish]
Cannae Holdings, Inc.
-23.33%
current return
Author Info
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Company Info
Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more.
Market Cap
$764.9M
Pitch Price
$21.00
Price Target
28.00 (+74%)
Dividend
3.87%
EV/EBITDA
-2.85
P/E
-2.37
EV/Sales
1.66
Sector
Financial Services
Category
value
Cannae Holdings a discount to NAV story
CNNE: Holdco discount play with FNF lineage. Bill Foley (10% owner) stepped down as CEO Q1'25. D&B sale bringing $460M in Q3'25 for likely SIB. Other assets: Alight ($221M), BKFC soccer clubs, restaurants ($144M), Jana Partners stake, Watkins Co, Minden Mill distillery. Trading at 25% NAV discount; 20-30% upside potential.
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