Added to YB: 2024-01-23
Pitch date: 2024-01-22
ZIM [bullish]
ZIM Integrated Shipping Services Ltd.
+148.09%
current return
Author Info
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Company Info
ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally.
Market Cap
$2.3B
Pitch Price
$8.07
Price Target
N/A
Dividend
38.06%
EV/EBITDA
2.17
P/E
2.26
EV/Sales
0.79
Sector
Marine Transportation
Category
special_situation
Show full summary:
ZIM Integrated: Why A Rich Special Dividend May Be In The Cards For 2024
ZIM to gain from Red Sea turmoil disrupting Europe-Asia shipping & quintupling freight rates. Prior high rates saw $3.3B divs (2x mkt cap). Upside underappreciated at $1.65B val & 0.6x book. Profit surge & divs likely, limited downside. Speculative Strong Buy.
Read full article (3 min)