Professional
Added to YB: 2024-07-16
Pitch date: 2024-07-15
VEA.AX [bullish]
Viva Energy Group Limited
-26.84%
current return
Author Info
Sweet Stocks is a former portfolio manager at an international small cap fund who shares pitches for international equities. Sign up for his blog.
Company Info
Viva Energy Group Limited operates as an energy company in Australia, Singapore, and Papua New Guinea.
Market Cap
AUD 5.0B
Pitch Price
AUD 2.99
Price Target
N/A
Dividend
4.48%
EV/EBITDA
12.08
P/E
1.6K
EV/Sales
0.29
Sector
Oil, Gas and Consumable Fuels
Category
growth
Viva Energy – retail transformation story at 10x P/E
VEA.AX: Viva Energy transforming from fuel wholesaler to leading convenience retailer. Acquired Coles Express & OTR, targeting 80% OTR-branded network by 2029. Stable C&I biz, refinery profits volatile but govt-supported. 10x P/E, falling to 7.5x 2027E. Risks: retail execution, tobacco decline. Catalysts: OTR integration, Liberty acquisition, TSA end May 2025.
Read full article (13 min)