Professional
Added to YB: 2025-03-12
Pitch date: 2025-03-10
SLYG.F [neutral]
Shelly Group SE
+55.41%
current return
Author Info
No bio for this author
Company Info
Shelly Group SE, together with its subsidiaries, engages in the internet of things business in Bulgaria, European Union, and internationally.
Market Cap
EUR 2.0B
Pitch Price
EUR 35.90
Price Target
N/A
Dividend
0.24%
EV/EBITDA
30.60
P/E
36.91
EV/Sales
7.81
Sector
Electronic Equipment, Instruments and Components
Category
growth
Arauca Capital Portfolio Holding: Shelly Group SE
SLYG.F (holding update): IoT leader Shelly Group grew 42% in 2024, expanding globally. 25% EBIT margin, net cash positive. 2025 rev guidance €150M (+40% YoY). Trading at 20x 2024E, 14x 2026E earnings. New Shelly X platform, LoRa protocol, potential insurance market entry. Outpacing market 4x with consistent execution, no dilution.
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