Professional
Added to YB: 2024-07-25
Pitch date: 2024-07-23
VIL.PA [bullish]
VIEL & Cie, société anonyme
+73.99%
current return
Author Info
No bio for this author
Company Info
VIEL & Cie, société anonyme, an investment company, provides interdealer broking, online trading, and private banking services in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region.
Market Cap
EUR 1.1B
Pitch Price
EUR 9.63
Price Target
N/A
Dividend
2.76%
EV/EBITDA
N/A
P/E
8.66
EV/Sales
N/A
Sector
Capital Markets
Category
value
East 72 Dynasty Trust New Position: VIEL & Cie, société anonyme
VIEL & Cie (VIL.PA): €622m French co. owns 81% of Bourse Direct (€288m cap) & 71% of Compagnie Financière Tradition (CHF1.1B cap), a top-3 global inter-broker dealer. Also 40% stake in Swisslife Banque Privé. Trades at >40% discount to fungible value. Smallest but most stable of 3 major dealers. Signs of potential discount closure.
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