Added to YB: 2026-08-07
Pitch date: 2026-08-05
1846.HK [bullish]
EuroEyes International Eye Clinic Limited
+2%
current return
Author Info
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Company Info
EuroEyes International Eye Clinic Limited provides vision correction services in Germany, the People’s Republic of China, Denmark, the United Kingdom, and Switzerland.
Market Cap
HKD 782.8M
Pitch Price
HKD 2.50
Price Target
N/A
Dividend
1.80%
EV/EBITDA
2.12
P/E
14.39
EV/Sales
0.65
Sector
Health Care Providers and Services
Category
value
EuroEyes International Eye Clinic Limited (HK 1846): Two Strategic Acquisitions, Value Gap Remains
1846.HK: German premium eye clinic listed in HK at 4.5x EV/EBIT, $100M cap, 60%+ insider owned. Two M&As (Betterview HK$119m, FYEO Europe HK$1,234m at 10.2x EBITDA, +58% rev) deploying cash yet stock drifts lower. Proforma HK$77.6m earnings conservative; 18% utilization = upside. Event-driven re-rating or long-term hold. Risks: integration, FX, delisting.
Read full article (6 min)