Added to YB: 2025-11-05
Pitch date: 2025-11-03
ZEG.L [bullish]
Zegona Communications plc
+17.96%
current return
Author Info
No Deep Dives write short theses on under-covered stocks from all over the world. Sign up for the newsletter.
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 12.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.38
P/E
-175.12
EV/Sales
5.81
Sector
Diversified Telecommunication Services
Category
turnaround
No Deep Dives | Q3 2025 Portfolio Review New Position: Zegona Communications plc
ZEG.L (new position): Highly levered Vodafone Spain turnaround via infra monetization (fiber) & ops fixes. FY25/Q1 26 results showed turnaround on track, fiber monetization progressing. Stock derisked from option-like to more stable story. Positive updates didn't move price initially, creating entry opportunity.
Read full article (1 min)