Added to YB: 2024-10-15
Pitch date: 2024-10-12
EL.PA [neutral]
EssilorLuxottica Société anonyme
+34.25%
current return
Author Info
No bio for this author
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 210.14
Price Target
239.00 (-15%)
Dividend
1.26%
EV/EBITDA
23.66
P/E
60.92
EV/Sales
5.75
Sector
Health Care Equipment and Supplies
Category
growth
EssilorLuxottica (EL) – This company has an unparalleled moat (A Deep Dive)
EL.PA (wait for dip): Global leader in eyewear with 80% market share. Vertically integrated, owns 150+ brands, 18k stores. Strong moat, innovation focus (11k patents), smart glasses potential. Stable mid-single digit growth, expanding margins. €239 2026 price target. Expensive at 30x PE, wait for dip to €195 for 10% IRR.
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