Added to YB: 2025-08-14
Pitch date: 2025-08-12
1846.HK [bullish]
EuroEyes International Eye Clinic Limited
-3.28%
current return
Author Info
No bio for this author
Company Info
EuroEyes International Eye Clinic Limited provides vision correction services in Germany, the People’s Republic of China, Denmark, and the United Kingdom.
Market Cap
HKD 1.0B
Pitch Price
HKD 3.35
Price Target
13.00 (+301%)
Dividend
1.86%
Sector
Health Care Providers and Services
Category
value
Paying LESS than 3 x FCF for a high-margin, growing, durable business - EuroEyes
1846.HK: Premium vision correction clinic network at 3x FCF. 34 clinics in GER/UK/CHN/DEN. 11% 5Y revenue CAGR, 15% net margins, no debt, HKD 653M cash. Self-pay model w/premium pricing. H1 2025 key to see execution. Recent price hikes +7% GER show pricing power. M&A likely use of cash pile. 2x in 2yr, 4x in 4yr possible.
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