Added to YB: 2024-03-21
Pitch date: 2024-03-21
DESP [bullish]
Despegar.com, Corp.
+63.32%
current return
Author Info
@PaulBieber is a former sell-side analyst that shares stock pitches on Twitter. Follow on Twitter
Company Info
Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States.
Market Cap
$1.6B
Pitch Price
$11.94
Price Target
24.00 (+23%)
Dividend
N/A
EV/EBITDA
9.37
P/E
-568.31
EV/Sales
2.09
Sector
Hotels, Restaurants and Leisure
Category
value
Despegar.com's Undervaluation and Growth Prospects
DESP: LatAm OTA at 4-5x '25 EV/EBITDA vs EXPE 7x, BKNG 15x. Tailwinds: fragmented market, hotel mix shift, vacation rentals, financial services, ad revenue potential. Cheap on emerging market discount & complex capital structure. Can double as margins expand & capital structure simplifies.
Read full article (3 min)