Added to YB: 2024-02-05
Pitch date: 2024-02-05
MONC.MI [bullish]
Moncler S.p.A.
+0.58%
current return
Author Info
Company Info
Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names in Italy, rest of Europe, Asia, the Middle East, Africa, and the Americas.
Market Cap
EUR 14.6B
Pitch Price
EUR 55.66
Price Target
109.70 (+96%)
Dividend
2.41%
EV/EBITDA
12.00
P/E
22.83
EV/Sales
4.62
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Moncler S.p.A. Investment Thesis
$MONC.MI Luxury winter wear co. w/ strong margins & pricing power expanding in Asia/NA. Stable financials, CEO has 23% stake. Projects mid-teens FCF growth, 13-14% annualized return w/ €26.60 PT w/o multiple expansion or buybacks despite sector slowdown.
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