Added to YB: 2024-12-10
Pitch date: 2024-12-08
SL.MI [bullish]
Sanlorenzo S.p.A.
-2.93%
current return
Author Info
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Company Info
Sanlorenzo S.p.A. designs, builds, and sells boats and pleasure boats in Italy, rest of Europe, the Asia-Pacific, the United States, the Middle East, and internationally.
Market Cap
EUR 1.1B
Pitch Price
EUR 30.70
Price Target
64.00 (+115%)
Dividend
3.29%
EV/EBITDA
6.62
P/E
10.12
EV/Sales
1.11
Sector
Leisure Products
Category
growth
SanLorenzo: Beautiful, Durable, Undervalued!
SL.MI: Luxury yacht maker w/ strong moat. 27% premium vs competitors. €950M backlog (>1yr revenue). Expanding margins (gross & net). High ROE (>20%). 3 growth drivers: rising UHNWIs, new segments, vertical integration. Conservative 5yr outlook: €2.34B valuation (2x current). 15% annual return, low-risk play.
Read full article (11 min)