Added to YB: 2025-04-01
Pitch date: 2025-03-28
EXO.AS [bullish]
Exor N.V.
-21.32%
current return
Author Info
Valuing Dutchman is a value investor specializing in European family owned businesses and worldwide Deep Value. Full time investor since 2010, Investment writer since 2011 and co-founder Chess Capital fund. Sign up for the newsletter.
Company Info
Exor N.V. engages in the automotive, agriculture and construction, sports car, commercial vehicle, health technology, football and powertrain businesses in the Netherlands and internationally.
Market Cap
EUR 13.2B
Pitch Price
EUR 85.60
Price Target
160.00 (+138%)
Dividend
0.76%
EV/EBITDA
N/A
P/E
-3.44
EV/Sales
-4.39
Sector
Financial Services
Category
value
Exor: Motor by Ferrari
EXO.AS: Holding co trading at ~50% NAV discount. 80% value in public cos (Ferrari, Stellantis, Philips, CNH). CEO Elkann's strong capital allocation. NAV +9% in 2024 to €178.80. €1.5B dividends/divestments. Solid year despite some challenges. €1B buyback. Fair value est. €160/share. Attractive for accumulation despite Ferrari overvaluation concerns.
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