Added to YB: 2025-02-05
Pitch date: 2025-02-04
ZEG.L [bullish]
Zegona Communications plc
+194.06%
current return
Author Info
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Company Info
Zegona Communications plc provides integrated telecommunications services in Spain. The company offers broadband, mobile, TV, voice, data, and other value-added products and services.
Market Cap
GBP 12.8B
Pitch Price
GBP 5.05
Price Target
20.00 (+38%)
Dividend
N/A
EV/EBITDA
11.38
P/E
-175.12
EV/Sales
5.81
Sector
Diversified Telecommunication Services
Category
special_situation
Idea Update - 2/3/2025 - Zegona Communications plc
ZEG.L: Q1 under Zegona: Vodafone Spain EBITDAaL +6%, EBITDAaL-capex +23%. Fiberco spin-offs progressing: MasOrange JV €480m EBITDA in 3yrs, Telefonica fiberco bids at 16-20x EBITDA. Deleveraging via Netco sales could unlock >100% upside. Risks: premature EBITDAaL projection, 15% promote drag. Potential £20/share.
Read full article (3 min)