Added to YB: 2025-07-23
Pitch date: 2025-06-30
G24.DE [neutral]
Scout24 SE
-26.21%
current return
Author Info
No bio for this author
Company Info
Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally.
Market Cap
EUR 6.3B
Pitch Price
EUR 117.50
Price Target
N/A
Dividend
1.50%
EV/EBITDA
20.55
P/E
27.73
EV/Sales
9.96
Sector
Interactive Media and Services
Category
N/A
Cooper Investors Global Equities Fund (Unhedged) Portfolio Holding: Scout24 SE
G24.DE (exiting position): German property portal leader, reoriented strategy after 2020 sale of auto portal. CEO Hartmann focused on deepening property business, investing in product & infrastructure. Share price fell 40% (2020-2022) during investment phase, but operational improvements widened competitive gap. Recent financial acceleration with sales growth & margin expansion doubled share price over past 2 years. Exiting as value realized.
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