Professional
Added to YB: 2024-06-14
Pitch date: 2024-04-04
SGF.MI [bullish]
Sogefi S.p.A.
+72.98%
current return
Author Info
No bio for this author
Company Info
Sogefi S.p.A. designs, develops, and produces filtration systems, suspension components, air management products, and engine cooling systems for the automotive industry in Europe, South America, North America, and Asia.
Market Cap
EUR 349.2M
Pitch Price
EUR 1.91
Price Target
N/A
Dividend
6.79%
EV/EBITDA
2.70
P/E
N/A
EV/Sales
0.37
Sector
Automobile Components
Category
special_situation
Palm Harbour Capital Portfolio Holding: Sogefi S.p.A.
Sogefi sold filtration biz (35% sales) to PE for €374M EV, 75% of total EV. Pre-deal mkt cap €235M, EV €500M. Stock +65% on news. CIR owns 56.5%. KOS post-Covid recovery. Mgmt to continue unlocking value via corporate actions & buybacks. Still significantly undervalued.
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