Added to YB: 2024-10-28
Pitch date: 2024-10-25
SIX2.DE [bullish]
Sixt SE
-3.95%
current return
Author Info
Value and Opportunity focuses on slow investing, special situations & the occasional wild punts Sign up for their newsletter.
Company Info
Sixt SE, through its subsidiaries, provides mobility services through corporate and franchise branch network for private and business customers.
Market Cap
EUR 3.7B
Pitch Price
EUR 72.51
Price Target
N/A
Dividend
3.08%
EV/EBITDA
9.12
P/E
N/A
EV/Sales
1.67
Sector
Ground Transportation
Category
growth
Re-underwriting Sixt AG: Family owned & run long term compounder with a great US growth story at a “bonkers bargain” price
SIX2.DE: Car rental co w/ 20yr double-digit profit CAGR. US biz 1/3 of rev, growing 20%+ p.a. Low P/E (8x Prefs, 11x Common for 2025). Risks: falling car values, recession, new mgmt. Organic growth, no acquisitions. Added 1% to portfolio, may increase further.
Read full article (3 min)