Added to YB: 2024-07-05
Pitch date: 2024-07-05
TESB.BR [bullish]
Tessenderlo Group NV
+7.67%
current return
Author Info
No bio for this author
Company Info
Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and industrial solution businesses worldwide.
Market Cap
EUR 1.4B
Pitch Price
EUR 23.78
Price Target
30.00 (+17%)
Dividend
3.22%
EV/EBITDA
5.55
P/E
33.46
EV/Sales
0.54
Sector
Chemicals
Category
value
Why Investors Should Hold Tessenderlo Shares
TESB.BR: Tessenderlo Group undervalued at <€30. Corp governance issues, but good biz & capital allocation. €69M buyback for 2.3M shares at €30 each. Tack & company provide exit liquidity. Stop selling below €30 for quick 20-25% gain. Sell at €30 if desired for other opps.
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