Added to YB: 2024-01-25
Pitch date: 2024-01-24
SGBAF [bullish]
SES S.A.
+17.99%
current return
Author Info
No bio for this author
Company Info
SES S.A. provides satellite-based data transmission capacity and ancillary services worldwide. The company offers content connectivity solutions, including network spanning satellite and ground infrastructure to create, deliver, and manage video and data solutions.
Market Cap
EUR 2.1B
Pitch Price
EUR 4.58
Price Target
N/A
Dividend
9.76%
EV/EBITDA
3.17
P/E
N/A
EV/Sales
1.63
Sector
Media
Category
value
SES S.A.: Possibly The Cheapest Satellite/Telco And Best Satellite Play
SGBAF: Luxembourg sat operator trades at €6 vs €12.3 book, €17.3 post-€2.2B net C-band. 3.9x FY23 EV/EBITDA w/ stable video & strong network growth via unique MEO gov/mobility offering. Risks: space tech, new cash. Undervalued: resilient video, network expansion, strong B/S, long contracts, strategic gov/defense focus.
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