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Added to YB: 2025-01-09

Pitch date: 2025-01-07

CTT.LS [bullish]

CTT - Correios De Portugal, S.A.

+40.52%

current return

Author Info

No bio for this author

Company Info

CTT - Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide.

Market Cap

EUR 1.0B

Pitch Price

EUR 5.19

Price Target

N/A

Dividend

2.20%

EV/EBITDA

-4.52

P/E

21.75

EV/Sales

-0.76

Sector

Air Freight and Logistics

Category

value

Show full summary:
GreenWood Investors Portfolio Holdiing: CTT - Correios De Portugal, S.A.

CTT.LS: DHL deal values Express & Parcels at 12.5x EBIT (€482M), 80% of market cap. Spanish market share up 1% to 15-16%. Cross-border customs & fulfillment growth. Cacesa acquisition boosts customs clearance. E-commerce infrastructure potential in under-penetrated Iberian market. 7.3x operating income multiple vs InPost's 21x.

Read full article (6 min)