Added to YB: 2024-02-13
Pitch date: 2024-02-12
EUK3.F [bullish]
EUROKAI GmbH & Co. KGaA
+130.81%
current return
Author Info
Value and Opportunity focuses on slow investing, special situations & the occasional wild punts Sign up for their newsletter.
Company Info
EUROKAI GmbH & Co. KGaA engages in container handling operations in continental Europe. The company operates through three segments: CONTSHIP Italia, EUROGATE, and EUROKAI.
Market Cap
EUR 629.6M
Pitch Price
EUR 22.96
Price Target
81.60 (+54%)
Dividend
4.28%
EV/EBITDA
4.52
P/E
10.30
EV/Sales
2.62
Sector
Transportation Infrastructure
Category
value
Eurokai KGaA - Playing the 'Time arbitrage game' with the possibly cheapest Port Stock in the World
EUK3.F: Unloved container port owner at 1/3 peer value w/ net cash, 5% div, new projects. Risks: China, competition. No catalyst, but 2-3x upside. 10%+ 5yr return w/ 50/50 odds. 3% port. @ €26 for AGM color & mkt reception.
Read full article (3 min)