Added to YB: 2024-11-06
Pitch date: 2024-11-05
INTRUM.ST [bullish]
Intrum AB (publ)
+26.97%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
Company Info
Intrum AB (publ), together with its subsidiaries, provides payment solutions, and credit and collection services in Europe and internationally.
Market Cap
SEK 5.3B
Pitch Price
SEK 29.29
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.60
P/E
-51.13
EV/Sales
2.84
Sector
Commercial Services and Supplies
Category
special_situation
Intrum’s Prepackaged Bankruptcy: An Unusual Situation for Shareholders
INTRUM.ST: Rare Chapter 11 leaves 90% equity intact, debt pushed to 2028. Q3 adj EBIT +45% YoY. SEK 2.3B 9M adj EBITDA. AI tech investment, capital-light shift. Market overreaction to filing creates opportunity. Holdout bondholders pose minor risk. Value play with recovery potential.
Read full article (3 min)