Added to YB: 2024-11-22
Pitch date: 2024-11-21
ZGN [bullish]
Ermenegildo Zegna N.V.
+41.09%
current return
Author Info
DB_Silver_Fox is a CFO and value investor interested in: European & US hidden champions, simple and effective business models, and US Banks. Sign up for the newsletter.
Company Info
Ermenegildo Zegna N.V., together with its subsidiaries, designs, manufactures, markets, and distributes luxury menswear and womenwear, children’s clothing, footwear, leather goods, and other accessories worldwide.
Market Cap
$2.1B
Pitch Price
$7.41
Price Target
N/A
Dividend
1.42%
EV/EBITDA
9.03
P/E
22.80
EV/Sales
1.58
Sector
Textiles, Apparel and Luxury Goods
Category
value
$ZGN - Zegna - Subtle lux & style
ZGN: Luxury brand portfolio (Zegna, Thom Browne, Tom Ford) with vertical integration via Filiera. 60%+ gross margin, 10% EBIT margin. 8% FCF yield on 2.7B euro EV. Strong working capital mgmt (40-day receivables, 115-day payables). Luxury industry forecast growth. Potential long-term value play.
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