Professional
Added to YB: 2023-12-04
Pitch date: 2023-11-28
ANIM.MI [bullish]
Anima Holding SpA
+73.03%
current return
Author Info
No bio for this author
Company Info
Anima Holding S.p.A. is a publicly owned investment manager. The firm invests in the public equity markets of Italy.
Market Cap
EUR 2.1B
Pitch Price
EUR 3.48
Price Target
N/A
Dividend
3.75%
EV/EBITDA
5.15
P/E
9.85
EV/Sales
1.59
Sector
Capital Markets
Category
value
Gehlen BrAutigam Capital: Anima Holding SpA
ANIM.MI: Italy's top indie asset mgr, €184B AUM, lucrative bank deals til 2037. 70-75% EBIT margin, 25% cost-income ratio unmatched. Priced <5x EBIT, 7.5x FCF (16% yield) despite strong cash flow. 7% div yield, 5%+ buybacks. 20% gain since Jul, still cheap. Fixed income focus ideal for Ital retail investors as rates rise. Mid-high single digit growth likely, 13%+ FCF yield undervalued.
Read full article (3 min)