Professional
Added to YB: 2024-05-09
Pitch date: 2024-05-07
PRX.AS [bullish]
Prosus N.V.
+60.32%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally.
Market Cap
EUR 137.9B
Pitch Price
EUR 33.00
Price Target
N/A
Dividend
0.38%
EV/EBITDA
19.50
P/E
8.19
EV/Sales
19.56
Sector
Broadline Retail
Category
special_situation
Show full summary:
SaltLight Worldwide Flexible Fund New Portfolio Holding: Prosus N.V.
Prosus (PRX.AS) owns $100B+ stakes; trading at $75B mkt cap. Tencent alone worth $88B (130% of mkt cap). Naspers committing $15B to buybacks, Prosus may follow. Thesis relies on huge discount to NAV, not China macro. 'Self-healing' & low valuation should drive returns.
Read full article (1 min)