Professional
Added to YB: 2024-01-30
Pitch date: 2024-01-30
SLYG.F [bullish]
Shelly Group SE
+74.1%
current return
Author Info
Arauca Capital is a long-biased alternative investment fund that invests in listed companies following Warren Buffett´s philosophy. Arauca thrives in finding and holding great businesses for long periods of time or as long as management executes. Visit the website.
Company Info
Shelly Group SE, together with its subsidiaries, engages in the internet of things business in Bulgaria, European Union, and internationally.
Market Cap
EUR 1.9B
Pitch Price
EUR 29.87
Price Target
N/A
Dividend
N/A
EV/EBITDA
29.49
P/E
39.32
EV/Sales
6.60
Sector
Electronic Equipment, Instruments and Components
Category
growth
Arauca Capital holding - Shelly Group PLC ($SLYG.F)
SLYG.F: Bulgarian smart home/industrial IoT co. 85% CAGR Q1 '18-'23, 20% net margin. 15.4x '24 EV/EBIT despite strong products, >50% gross margins, low marketing cost & growth avenues. €22.5/sh undervalues cash & consistent divs. Upside: XETRA listing, initiatives. Risks: liquidity, China supply chain, competition.
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