Professional
Added to YB: 2024-07-18
Pitch date: 2024-06-30
AD.AS [bullish]
Koninklijke Ahold Delhaize N.V.
+31.13%
current return
Author Info
No bio for this author
Company Info
Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally.
Market Cap
EUR 30.2B
Pitch Price
EUR 26.37
Price Target
N/A
Dividend
3.39%
EV/EBITDA
7.11
P/E
16.80
EV/Sales
0.50
Sector
Consumer Staples Distribution and Retail
Category
value
Oakmark International Fund New Position: Ahold Delhaize
AD.AS: Leading global grocer w/ strong US (70% profit) & EU (30%) brands. High local mkt share, economies of scale, defensive nature. Short-term headwinds: food disinflation, Stop & Shop US mkt share loss. Attractive entry point. Experienced mgmt can execute value realization strategy. Steady cash generation, attractive ROC over time.
Read full article (1 min)