Added to YB: 2024-07-03
Pitch date: 2024-03-31
STLA [bullish]
Stellantis N.V.
-53.47%
current return
Author Info
No bio for this author
Company Info
Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide.
Market Cap
EUR 24.4B
Pitch Price
EUR 25.32
Price Target
N/A
Dividend
8.04%
EV/EBITDA
14.57
P/E
-10.18
EV/Sales
0.24
Sector
Automobiles
Category
value
Ariel Investments International Developed Markets New Position: Stellantis N.V.
STLA: Strong Q earnings, merger synergies lowering costs & boosting FCF. Increased dividends & buybacks. Growing avg transaction price. Expect double-digit op margin, expansion in ME/SA. Leapmotor JV leverages Chinese OEMs. Well-positioned in EV slowdown. Aims for #1 in commercial vehicles by 2027 (high stickiness, profit, recurring revenue).
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