Added to YB: 2024-06-07
Pitch date: 2024-06-07
EVS.BR [bullish]
EVS Broadcast Equipment SA
+19.75%
current return
Author Info
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Company Info
EVS Broadcast Equipment SA provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.
Market Cap
EUR 480.6M
Pitch Price
EUR 29.18
Price Target
60.80 (+74%)
Dividend
3.13%
EV/EBITDA
8.76
P/E
14.51
EV/Sales
2.23
Sector
Communications Equipment
Category
value
EVS BROADCAST SA – A HIDDEN GLOBAL CHAMPION “BREAKING FREE FROM THE VAN” WITH SOFTWARE & AI AT A BARGAIN PRICE
EVS.BR: Leader in live sports broadcasting tech. New mgmt driving growth via software shift & adjacent markets like studios. 20%+ EBIT margins & ROIC, 10% target CAGR to 2030. Trades cheap at 10-11x P/E for high quality biz. Upside from growth & margin expansion, plus 'free' AI optionality. Key risks: competition, legacy clients, bad M&A. Opportunities: live sports boom, US expansion, accretive deals. 3.3% starter position, watch for execution on growth strategy. Potential to double in 5 years.
Read full article (18 min)