Professional
Added to YB: 2025-02-20
Pitch date: 2025-01-16
BC.MI [bullish]
Brunello Cucinelli S.p.A.
-13.03%
current return
Author Info
Company Info
Brunello Cucinelli S.p.A., together with its subsidiaries, engages in the production and sale of clothing, accessories, and lifestyle products in Italy, Europe, the United States, and Asia.
Market Cap
EUR 6.3B
Pitch Price
EUR 112.46
Price Target
N/A
Dividend
1.01%
EV/EBITDA
18.75
P/E
48.10
EV/Sales
5.47
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Recurve Capital Portfolio Holding: Brunello Cucinelli S.p.A.
BC.MI: Ultra-luxury brand with 10%+ growth runway, esp. in China (12% rev vs Hermes 50%). Underpenetrated globally. 90% product margins, mid-teens EBIT due to 'humanistic capitalism'. Conservative growth strategy. DCF suggests 8x current price. Potential for 40%+ EBIT if acquired. Bought at 50% discount to current price.
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