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Added to YB: 2024-06-14

Pitch date: 2024-06-13

SLYG.F [bullish]

Shelly Group SE

+52.5%

current return

Author Info

No bio for this author

Company Info

Shelly Group SE, together with its subsidiaries, engages in the internet of things business in Bulgaria, European Union, and internationally.

Market Cap

EUR 2.0B

Pitch Price

EUR 35.67

Price Target

175.59 (+223%)

Dividend

0.24%

EV/EBITDA

30.60

P/E

36.91

EV/Sales

7.81

Sector

Electronic Equipment, Instruments and Components

Category

growth

Show full summary:
Portfolio and thesis update - Shelly Group AD

SLYG.F: Bulgarian IoT co. 27.6% 5yr rev CAGR, 48.1% 5yr EPS CAGR, 33% ROIC. Agile mgmt iterated from telecom to IoT to cloud. Expanding in EU with new products. Fairly valued at 37x P/E for growth & quality. Targeting 20%+ annual returns for 5yrs.

Read full article (1 min)