Added to YB: 2025-09-10
Pitch date: 2025-09-08
ZEG.L [neutral]
Zegona Communications plc
+52.99%
current return
Author Info
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Company Info
Zegona Communications plc engages in the provision of integrated telecommunications services in Spain.
Market Cap
GBP 4.0B
Pitch Price
GBP 10.30
Price Target
16.00 (+2%)
Dividend
N/A
EV/EBITDA
4.74
P/E
-59.80
EV/Sales
2.27
Sector
Diversified Telecommunication Services
Category
special_situation
Raging Bull Investments | Idea Update - 9/8/2025 - Zegona Communications plc
ZEG.L (update): 270% TSR, 530% IRR in 9mo. Fiber monetization (Surf JV + Telefonica fiberco) generating ~€1.8B to fund £1.50/share div, eliminating pref shares. Pro forma FCF €700M after fiber leases. Estimates fair value £15-16.5/share vs current £11.60. Catalysts: Telefonica fiberco closing imminent, potential Telefonica takeover of Vodafone.
Read full article (3 min)