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Added to YB: 2026-04-08

Pitch date: 2026-04-06

NWL.MI [neutral]

NewPrinces S.p.A.

+8.75%

current return

Author Info

Company Info

NewPrinces S.p.A. engages in the agri-food sector in Italy, Germany, the United Kingdom, and internationally.

Market Cap

EUR 666.7M

Pitch Price

EUR 16.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

4.95

P/E

1.76

EV/Sales

0.39

Sector

Food Products

Category

turnaround

Show full summary:
NewPrinces - Is the Investment Case Broken?

NWL.MI (update): After FY25 results, stock down 26% Wed-Thu to 52W low despite initial +10% pop. Trading ~3x EV/EBITDA w/ net cash ex-IFRS16. Short attack driven by Carrefour Italia integration concerns & lack of turnaround detail. Analysis covers Princes UK/Carrefour separately, FCF calcs, 2026-28 outlook, independent valuation under 2 scenarios, capital structure review.

Read full article (6 min)