Professional
Added to YB: 2026-07-31
Pitch date: 2026-07-28
ZEG.L [bullish]
Zegona Communications plc
-4.83%
current return
Author Info
No bio for this author
Company Info
Zegona Communications plc engages in the provision of integrated telecommunications services in Spain.
Market Cap
GBP 4.0B
Pitch Price
GBP 15.32
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.74
P/E
-59.80
EV/Sales
2.27
Sector
Diversified Telecommunication Services
Category
turnaround
Alluvial Fund Portfolio Holding: Zegona Communications plc
ZEG.L (added to position): Vodafone Spain turnaround, #3 Spanish operator. Shares -27% from May peak despite growing rev/FCF & June refi cutting interest €60M/yr. Weakness from profit-taking, shareholder base transition, buyback air pocket & Digi IPO fears (overblown). 7-8x FCF, large return-of-capital ahead. Adding on weakness.
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