Added to YB: 2026-04-20
Pitch date: 2026-04-16
PRX.AS [bullish]
Prosus N.V.
+3.5%
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 116.7B
Pitch Price
EUR 42.83
Price Target
70.00 (+64%)
Dividend
0.47%
EV/EBITDA
16.41
P/E
6.56
EV/Sales
16.46
Sector
Broadline Retail
Category
value
Prosus N.V. (PRX.AS): Buying Tencent at a 38% Discount – And Getting iFood, OLX and PayU for Free
PRX.AS: 22.4% Tencent stake (worth €119bn) + iFood, OLX, PayU, JET ecosystems (guiding $1.1-1.2bn FY26 EBITDA, target $2bn) for €91bn mkt cap = 38% NAV discount. Founder CEO Bloisi has €100m bonus tied to doubling mkt cap by mid-2028. Buyback funded by orderly Tencent sales compounds NAV/share ~5-7%/yr. FV €60-70 (42% upside). Key risk: China geopolitics (80%+ NAV in Tencent).
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