Professional
Added to YB: 2024-07-29
Pitch date: 2024-06-27
APR.WA [bullish]
Auto Partner SA
-31.67%
current return
Author Info
Asheville Capital is singularly focused on investing in world-class businesses before they are broadly appreciated as such. Visit the website.
Company Info
Auto Partner SA imports and distributes parts for passenger cars, delivery vans, and motorcycles in Poland.
Market Cap
PLN 2.2B
Pitch Price
PLN 24.12
Price Target
N/A
Dividend
0.89%
EV/EBITDA
7.66
P/E
10.66
EV/Sales
0.61
Sector
Specialty Retail
Category
growth
Asheville Capital Management Investment Thesis - Auto Partner SA
APR.WA: Polish auto parts distributor. 10% Poland share, 0.5% Europe. 15M+ parts, 160k m2 warehouse. 3-5x daily delivery. 34% EPS CAGR 8yrs. 18-25% 5yr EPS growth projected. 10-12x FY24 E/P. Risks: EVs, price war. Founder-led, 44% insider owned. Long runway for market share gain in €89B EU market.
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