Professional
Added to YB: 2024-09-30
Pitch date: 2024-09-30
CLA.PA [bullish]
Claranova SE
-18.55%
current return
Author Info
No bio for this author
Company Info
Claranova SE, a technology company, engages in personalized e-commerce, software publishing, and internet of things (IoT) management in France, the United States, the United Kingdom, Germany, other European countries, and internationally.
Market Cap
EUR 130.3M
Pitch Price
EUR 1.60
Price Target
7.20 (+454%)
Dividend
N/A
EV/EBITDA
5.30
P/E
-11.50
EV/Sales
0.50
Sector
Software
Category
turnaround
Claranova SE (CLA.PA)
CLA.PA: 3 businesses w/ good unit economics. New mgmt underappreciated. Cheap (3x EV/EBITDA, 4x PER, 23% FCF yield 24/25e). 30%+ EBITDA growth (45M€ to 55M€). Hidden asset (Avanquest) w/ 3x EBITDA since 2020. M&A optionality. 380% upside potential in 24-36 months. Risks: past dilution, expensive financing.
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