Professional
Added to YB: 2024-07-25
Pitch date: 2024-07-23
MMB.PA [bullish]
Lagardere SA
-15.6%
current return
Author Info
No bio for this author
Company Info
Lagardere SA engages in content publishing, production, broadcasting, and distribution businesses in France and internationally.
Market Cap
EUR 2.8B
Pitch Price
EUR 22.16
Price Target
N/A
Dividend
3.23%
EV/EBITDA
6.13
P/E
39.59
EV/Sales
0.90
Sector
Media
Category
special_situation
East 72 Dynasty Trust Portfolio Holding: Lagardere SA
MMB.PA: Lagardère undervalued due to 7% free float, uncertain role in Vivendi split, complex structure. 2 main businesses: #2 in global book publishing & travel retail. Likely breakup: publishing to Vivendi, travel retail sale. Upside from travel retail value realization. Sum-of-parts suggests significant undervaluation. Risks: governance, Arnaud Lagardère's role.
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