Added to YB: 2024-04-01
Pitch date: 2024-03-30
ALTR.LS [bullish]
Altri, SGPS, S.A.
-9.79%
current return
Author Info
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Company Info
Altri, SGPS, S.A. produces and sells cellulosic fibers and energy in Portugal and internationally. The company produces pulp products for various application including production of paper, tissue, and printing and writing papers; and dissolving pulp for use of textile production.
Market Cap
EUR 1.0B
Pitch Price
EUR 4.76
Price Target
8.31 (+93%)
Dividend
4.99%
EV/EBITDA
13.25
P/E
22.95
EV/Sales
1.93
Sector
Paper and Forest Products
Category
value
Altri - small Portuguese company.
ALTR.LS: Undervalued Portuguese pulp & energy conglomerate trading at 3x P/E & 5.3x EV/EBITDA despite 12% sales CAGR since '21, 10%+ ROIC. Gama project to boost revenues, margins. €8.31 PT for 59% upside based on DCF & multiples. Risks: price declines, project delays, disasters.
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