Added to YB: 2024-01-11
Pitch date: 2024-01-11
CTT.LS [bullish]
CTT - Correios De Portugal, S.A.
Author Info
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Company Info
CTT - Correios De Portugal, S.A., together with its subsidiaries, engages in reference postal business in Portugal and internationally.
Market Cap
EUR 845.5M
Pitch Price
N/A
Price Target
5.00 (-17%)
Dividend
N/A
EV/EBITDA
-0.78
P/E
17.54
EV/Sales
-0.11
Sector
Air Freight and Logistics
Category
special_situation
Show full summary:
Started a 5% position in $CTT.LS
$CTT: Diversified postal co. at 5.9x FCF. Postal monopoly til '29, bank & parcels growing double digits. Amazon.es deal, pension services. Share buyback & 9.4% postal hike. Nationalization risk. Insider owns 14%. PT at €5 vs €3.4 now.
Read full article (2 min)