Added to YB: 2024-05-30
Pitch date: 2024-05-29
MOUR.BR [bullish]
Moury Construct SA
+22.39%
current return
Author Info
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Company Info
Moury Construct SA, together with its subsidiaries, constructs and renovates residential and non-residential buildings in Belgium.
Market Cap
EUR 297.9M
Pitch Price
EUR 601.35
Price Target
N/A
Dividend
2.88%
EV/EBITDA
3.97
P/E
8.64
EV/Sales
0.63
Sector
Construction and Engineering
Category
value
Moury Construct SA - $MOUR.BR
Moury Construct (MOUR.BR): Antifragile Belgian construction co w/ -ve working capital, €100M cash (50% of mkt cap). 4th-gen biz w/ strong gov ties, set for robust growth from EU-funded projects. 10-15% FCF/EV, high ROCE. Expects record 2023 & new orders by 9/24. 20%+ IRR potential from cash return to shareholders. Illiquid but high-quality, predictable cash flows.
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