Professional
Added to YB: 2024-02-07
Pitch date: 2024-02-07
0973.HK [bullish]
L'Occitane International S.A.
+21.22%
current return
Author Info
No bio for this author
Company Info
L'Occitane International S.A., together with its subsidiaries, engages in the design, manufacture, and retail of various natural and organic ingredient-based beauty and well-being products in Asia pacific, the Americas, Europe, the Middle East, and Africa.
Market Cap
HKD 4.2B
Pitch Price
HKD 27.80
Price Target
55.60 (+65%)
Dividend
N/A
EV/EBITDA
11.30
P/E
61.48
EV/Sales
1.97
Sector
Personal Care Products
Category
growth
Butler Hall Capital's open letter to L'Occitane
0973.HK: L'Occitane owns Sol de Janeiro, which alone could be worth the entire company. Sol has similar sales & EBITDA to ELF but L'Occitane trades at half the multiple despite 2x fwd sales growth. Relisting in US & spinning off Sol could double the stock.
Read full article (10 min)