Added to YB: 2026-06-24
Pitch date: 2026-06-21
EDEN.PA [neutral]
Edenred SE
Author Info
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Company Info
Edenred SE operates as a digital platform for services and payments for companies, employees, and merchants worldwide.
Market Cap
EUR 5.3B
Pitch Price
N/A
Price Target
28.00 (+37%)
Dividend
5.89%
EV/EBITDA
5.78
P/E
10.66
EV/Sales
2.44
Sector
Financial Services
Category
special_situation
Edenred: Another high conviction position at risk of getting taken out
EDEN.PA (update): European fintech (meal vouchers, benefits, fleet, corp payments) w/ recurring rev, FCF>NI, ~40% share, 1x net debt/EBITDA. Stock collapsed on Brazil/Italy regulation & antitrust fears, now 11x fwd PE vs 20-30x historical. BC Partners exploring take-private; analysts see €27-28 offer (~30-35% premium), still below intrinsic value.
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