Added to YB: 2025-09-10
Pitch date: 2025-09-08
ZEG.L [neutral]
Zegona Communications plc
+24.03%
current return
Author Info
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Company Info
Zegona Communications plc provides integrated telecommunications services in Spain. The company offers broadband, mobile, TV, voice, data, and other value-added products and services.
Market Cap
GBP 12.8B
Pitch Price
GBP 11.65
Price Target
16.00 (+11%)
Dividend
N/A
EV/EBITDA
11.38
P/E
-175.12
EV/Sales
5.81
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)