Added to YB: 2024-05-20
Pitch date: 2024-05-18
GLINT.LS [bullish]
Glintt - Global Intelligent Technologies, S.A.
Author Info
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Company Info
Glintt - Global Intelligent Technologies, S.A. provides IT consulting services for banking, insurance, public administration, and utilities sectors in Portugal, Spain, and Angola.
Market Cap
EUR 37.9M
Pitch Price
N/A
Price Target
N/A
Dividend
3.94%
EV/EBITDA
5.14
P/E
9.37
EV/Sales
0.64
Sector
IT Services
Category
growth
Glintt - a gem in Portuguese micro-cap world?
GLINT.LS: Portuguese IT co focused on healthcare & tech consulting. Targeting intl demand for low-cost, culturally-aligned IT outsourcing alternative to India/E.Europe. Expects mid-high single digit growth in healthcare, 10%+ in tech consulting if intl expansion succeeds. Trades at 8.8x earnings, 2x EBITDA, 4%+ div yield. Debt load improving at 2x EBITDA. Catalysts: Intl growth, deleveraging.
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