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Added to YB: 2025-04-01

Pitch date: 2025-03-28

REVNF [neutral]

Reinet Investments S.C.A.

Author Info

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Company Info

Reinet Investments S.C.A. operates as a securitization vehicle in Luxembourg. The company, through its subsidiary, Reinet Fund S.

Market Cap

EUR 3.8B

Pitch Price

N/A

Price Target

36.25 (+44%)

Dividend

1.67%

EV/EBITDA

N/A

P/E

3.68

EV/Sales

3.67

Sector

Capital Markets

Category

value

Show full summary:
Reinet – the forgotten child of the Rupert family

REVNF (pass - wait for deeper discount): Johann Rupert's EUR 6.6bn holding co. 52.6% in Pension Corp (7x return), 24% BAT sold for EUR 1.5bn cash. 36% discount to NAV. Awaiting next big bet. Governance concerns, but M&G stake increase promising. Watch for Pension Corp liquidity event or deeper discount.

Read full article (8 min)