Added to YB: 2024-11-06
Pitch date: 2024-11-04
RCO.PA [bullish]
Rémy Cointreau SA
-33.75%
current return
Author Info
SharpeStack is an MBA in Boston sharing stock ideas on their blog. Sign up for the newsletter.
Company Info
Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits.
Market Cap
EUR 2.0B
Pitch Price
EUR 55.58
Price Target
N/A
Dividend
3.98%
EV/EBITDA
12.01
P/E
21.31
EV/Sales
2.83
Sector
Beverages
Category
turnaround
Rémy Cointreau: Quick Pitch
RCO.PA: Cognac leader down 73.5% from 2021 highs. COVID boom & bust cycle. Bull case: 33% op margin, APAC recovery, 20-25% above pre-COVID sales. Base: 28% margin, APAC flat, ex-APAC slight growth. Bear: APAC decline, modest ex-APAC recovery. 7% EPS growth, 30x P/E normalization expected. Upside from earnings recovery.
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