Added to YB: 2024-07-01
Pitch date: 2024-06-28
EDR.MC [bullish]
eDreams ODIGEO S.A.
-39.19%
current return
Author Info
Company Info
eDreams ODIGEO S.A., together with its subsidiaries, operates as an online travel company in France, Southern Europe, Northern Europe, and internationally.
Market Cap
EUR 428.2M
Pitch Price
EUR 6.66
Price Target
50.01 (+1135%)
Dividend
N/A
EV/EBITDA
6.53
P/E
6.28
EV/Sales
1.12
Sector
Hotels, Restaurants and Leisure
Category
growth
eDreams Q4 Update - Who Likes Free Money?
EDR.MC: Prime subs 5.8M, 7.7x upside to €50.01 PT. FCF CAGR 31% next 5yrs. 10.2% FY25 FCF yield. Low liquidity issue; mgmt addressing via €6.90 tender offer for 4.5M shares. Expect more tenders, price increases. Prime penetration low, room for 1.5M new subs/yr. Margins expanding as Prime matures. Debt payoff by FY28, €547M cash FY29.
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