Added to YB: 2024-05-06
Pitch date: 2024-03-31
PLX.PA [bullish]
Pluxee N.V.
-50.69%
current return
Author Info
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Company Info
Pluxee N.V. offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally.
Market Cap
EUR 2.0B
Pitch Price
EUR 27.09
Price Target
N/A
Dividend
2.82%
EV/EBITDA
1.96
P/E
9.99
EV/Sales
0.70
Sector
Financial Services
Category
N/A
Show full summary:
Artisan International Explorer Fund New Position: Pluxee N.V.
PLX.PA: Pluxee, France-based employee benefits payment network spun off from Sodexo, 40% rev from LatAm. Earns take rate on transactions + float income. Closed network like V/MA w/ high margins & barriers. #2 globally behind Edenred but independence may help close gap. Bought at mid-teens P/E ex-cash.
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