Added to YB: 2026-07-13
Pitch date: 2026-07-09
ZEG.L [bullish]
Zegona Communications plc
-2.3%
current return
Author Info
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Company Info
Zegona Communications plc engages in the provision of integrated telecommunications services in Spain.
Market Cap
GBP 3.8B
Pitch Price
GBP 14.76
Price Target
30.00 (+108%)
Dividend
N/A
EV/EBITDA
4.63
P/E
-57.12
EV/Sales
2.22
Sector
Diversified Telecommunication Services
Category
value
$ZEG.L - Looks extremely asymmetric
ZEG.L: Spanish telco, EV ~€7B, FY26 rev €3.63B, €763M OCF (21% margin). Clear path to €1B OCF via tower/spectrum savings, cost cuts, low-single-digit topline growth. At 11x = ~£25/share. FCFE €600-800M, 16-21% yield. Ignores Ranco/fiberco upside. €30 target, >100% upside in ~2yrs.
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