Added to YB: 2023-11-08
Pitch date: 2023-11-08
TXGN.SW [bullish]
TX Group AG
+103.45%
current return
Author Info
Panoramic Capital is a global small cap investor sharing investment ideas. Sign up for the newsletter.
Company Info
TX Group AG operates a network of platforms and participations that provides users with information, orientation, entertainment, and other services in Switzerland.
Market Cap
CHF 2.2B
Pitch Price
CHF 80.61
Price Target
N/A
Dividend
2.36%
EV/EBITDA
14.33
P/E
-656.45
EV/Sales
2.38
Sector
Media
Category
value
Half Baked: TX Group
TXGN.SW: Swiss media co at 37% NAV discount. SMG stake (mrktplcs) worth bulk of MCap alone, 45% EBITDA margin potential. JobCloud & Karriere leading job sites at cheap EBIT multiples. Legacy newspapers break-even. Risks: bad M&A, print decline. Upside: SMG margin expansion & re-rating
Read full article (5 min)