Added to YB: 2025-01-23
Pitch date: 2024-12-06
MF.PA [bullish]
Wendel
-1.73%
current return
Author Info
No bio for this author
Company Info
Wendel is a private equity firm specializing in equity financing in middle markets and later stages through leveraged buy-out and transactions and acquisitions.
Market Cap
EUR 3.7B
Pitch Price
EUR 84.61
Price Target
N/A
Dividend
3.46%
EV/EBITDA
7.48
P/E
-20.53
EV/Sales
1.14
Sector
Financial Services
Category
turnaround
Wendel - $MF.PA
MF.PA: French holding co. 49% NAV discount. BV (44% NAV) underperformed. New CEO transforming to high-growth, recurring cash flow. Private Asset Mgmt platform (€31bn AUM) targets €150M FRE by 2027. Potential BV, Stahl, CPI sales. 3.5% div yield target. Risks: failed acquisitions, BV impairment. 15-20% TSR potential at 35% NAV discount.
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