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Added to YB: 2025-10-28

Pitch date: 2025-10-25

LDA.MC [bullish]

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros

-14.46%

current return

Author Info

Company Info

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros engages in insurance and reinsurance business in Spain and Portugal.

Market Cap

EUR 1.4B

Pitch Price

EUR 1.27

Price Target

N/A

Dividend

3.29%

EV/EBITDA

11.77

P/E

16.55

EV/Sales

1.22

Sector

Insurance

Category

turnaround

Show full summary:
Insurance Direct Line - $LDA.MC

LDA.MC: Spanish direct insurer w/ 17% expense ratio vs 25% industry avg (800bp advantage). Recovered from 2023 losses (-€4.4M) to 94-95% combined ratio in 2024 via pricing discipline & claims control. 3M+ auto policies enable scale advantages. Cross-selling potential 25%+, float mgmt upside from rates.

Read full article (10 min)