Added to YB: 2026-07-01
Pitch date: 2026-06-29
NA9.DE [neutral]
Nagarro SE
-0.4%
current return
Author Info
Value and Opportunity focuses on slow investing, special situations & the occasional wild punts Sign up for their newsletter.
Company Info
Nagarro SE, together with its subsidiaries, provides digital product engineering and technology solutions in Germany, the United States, Europe, and internationally.
Market Cap
EUR 500.5M
Pitch Price
EUR 75.00
Price Target
N/A
Dividend
2.47%
EV/EBITDA
4.83
P/E
10.75
EV/Sales
0.77
Sector
IT Services
Category
special_situation
Special Situation 'Quickies': Nagarro SE
NA9.DE (overview): Indian IT outsourcing spin-off from Allgeier, ex 'spin-off superstar' peaked ~€200 in 2022, fell to €33 amid AI agentic coding threats. Surprise Persistent Systems all-cash bid at €81 (~100% premium); shares +20% Fri pre-news (insider front-running?). At €77, only 5% spread + €1 div July 2. Author skeptical—'something doesn't feel right.'
Read full article (1 min)