Added to YB: 2025-02-11
Pitch date: 2025-02-09
PGSUS.IS [bullish]
Pegasus Hava Tasimaciligi Anonim Sirketi
-14.11%
current return
Author Info
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Company Info
Pegasus Hava Tasimaciligi Anonim Sirketi, together with its subsidiaries, provides airline services. It offers services on short- and medium-haul and point-to-point routes on its domestic and international transit network.
Market Cap
TRY 119.4B
Pitch Price
TRY 238.80
Price Target
955.00 (+366%)
Dividend
N/A
EV/EBITDA
7.75
P/E
5.15
EV/Sales
2.16
Sector
Passenger Airlines
Category
growth
Pegasus Airlines: 4x In The Next 5 Years?
PGSUS.IS: Turkish airline duopoly w/ Turkish Airlines. Tripling fleet to 364 planes by 2034. 26% annual net income growth last 5yrs. 14.5% ROIC vs 5% Delta. Strong financials: $507M debt, $2.2B equity. Valued at 4x earnings. Poised for int'l expansion. $12B target by 2030 (4x current).
Read full article (18 min)