Added to YB: 2024-09-20
Pitch date: 2024-09-18
EL.PA [bullish]
EssilorLuxottica Société anonyme
+37.86%
current return
Author Info
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Company Info
EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.
Market Cap
EUR 144.8B
Pitch Price
EUR 204.62
Price Target
N/A
Dividend
1.26%
EV/EBITDA
23.66
P/E
60.92
EV/Sales
5.75
Sector
Health Care Equipment and Supplies
Category
value
The hidden monopoly in eyewear
EL.PA: Hidden eyewear monopoly, 80% global brands, 50%+ market share. Owns 17,500+ retail stores, 150 brands (Ray-Ban, Oakley, luxury labels). Vertically integrated, 600+ factories. High margins (1000%+). $32B Essilor merger solidified dominance. Concerns over monopolistic practices.
Read full article (6 min)