Added to YB: 2025-03-31
Pitch date: 2025-03-27
EXO.AS [bullish]
Exor N.V.
-2.49%
current return
Author Info
No bio for this author
Company Info
Exor N.V. engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.
Market Cap
EUR 18.8B
Pitch Price
EUR 90.35
Price Target
178.80 (+103%)
Dividend
0.56%
Sector
Financial Services
Category
value
Exor N.V.: A Holding Company with Strong Cash Flow and Catalysts
EXO.AS: NAV €178.8, price €90, 49.6% discount. Sold 4% Ferrari for €3B, €1B buyback. Increased Philips stake to 18.7%. Still 20% Ferrari. Agnelli family participating in €570M buyback. Consistent share cancellation. Top dividend contributors: Stellantis, Philips, Ferrari, CNH. Strong capital allocation. Unlisted investments mixed performance. Management costs controlled at €28M.
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