Added to YB: 2024-04-29
Pitch date: 2024-04-28
HFG.F [bullish]
HelloFresh SE
-17.67%
current return
Author Info
Company Info
HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes.
Market Cap
EUR 887.5M
Pitch Price
EUR 6.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.92
P/E
-4.98
EV/Sales
0.19
Sector
Consumer Staples Distribution and Retail
Category
growth
HelloFresh Q1 2024: On Track
HFG.F: Q1 rev +2.9% YoY, RTE +56%. Margin hit by marketing & RTE ramp-up costs. Guides Q2 5.5-7% EBITDA margin on lower marketing. Targeting 10% medium-term meal kit & RTE margins. Sees FY guidance achievable on H2 margin uplift. Attractive RTE unit econ & retention. Undervalued.
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