Added to YB: 2026-05-26
Pitch date: 2026-05-24
GDS [bullish]
GDS Holdings Limited
Author Info
Farrer 36 is an asset manager based out of Singapore that focuses on long-only equity strategies. Sign up for the newsletter.
Company Info
GDS Holdings Limited, together with its subsidiaries, engages in the development and operation of data centers in the People's Republic of China.
Market Cap
$47.7B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.80
P/E
18.01
EV/Sales
6.96
Sector
IT Services
Category
value
(Non) Semi-Baked Ideas - GDS Holdings Limited
GDS (quick overview): China's leading hyperscale data center operator benefiting from AI buildout. 340MW Q1 bookings vs 500MW FY26 target. DayOne IPO catalyst at $20B valuation = $20/share, implying China business at $16/share or <8x 2026E EBITDA. New bookings 3x prior 3yr avg at 300MW in 2025.
Read full article (1 min)