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Added to YB: 2024-10-22

Pitch date: 2024-09-30

PRX.AS [bullish]

Prosus N.V.

+36.98%

current return

Author Info

No bio for this author

Company Info

Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally.

Market Cap

EUR 139.0B

Pitch Price

EUR 38.87

Price Target

N/A

Dividend

0.37%

EV/EBITDA

19.66

P/E

8.24

EV/Sales

19.72

Sector

Broadline Retail

Category

growth

Show full summary:
Longleaf Partners International Fund Portfolio Holding: Prosus N.V.

PRX.AS: Prosus up on Tencent's strong gaming/ad results, higher margins. 80% of NAV, Tencent buybacks ongoing. China sentiment improved. Prosus sold Trip.com, reducing Tencent stake to buyback own shares. New CEO aligned w/ shareholders via open market purchases & incentives tied to doubling market cap in 4 years.

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