Professional
Added to YB: 2025-03-13
Pitch date: 2025-03-05
PRT.MI [neutral]
Esprinet S.p.A.
+40.05%
current return
Author Info
No bio for this author
Company Info
Esprinet S.p.A., together with its subsidiaries, engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.
Market Cap
EUR 232.4M
Pitch Price
EUR 4.43
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.22
P/E
12.00
EV/Sales
0.15
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Palm Harbour Capital Portfolio Holding: Esprinet S.p.A.
PRT.MI (holding update): Italian electronics distributor. Q3 revenue +11.1% YoY, EBITDA margin +14bps. PC demand recovery, high value-added solutions +24%. Full year guidance confirmed. Sector scandals (bribery, VAT fraud) caused -27.8% stock drop. Management denies involvement, insider buying positive. Operational improvement expected.
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