Added to YB: 2025-12-23
Pitch date: 2025-12-20
ALDLT.PA [bullish]
Delta Plus Group
+1.44%
current return
Author Info
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Company Info
Delta Plus Group engages in design, manufacture, and distribution of a range of personal protective equipment worldwide.
Market Cap
EUR 357.4M
Pitch Price
EUR 48.70
Price Target
N/A
Dividend
2.10%
EV/EBITDA
8.50
P/E
12.06
EV/Sales
1.33
Sector
Commercial Services and Supplies
Category
value
Investment Thesis: Delta Plus Group (DPG)
ALDLT.PA: French PPE leader w/ recession-resistant revenue (mandatory regulatory products), trading at 28-57% discount to peers post-COVID hangover. 8% growth (4% organic + M&A), shifting upmarket for margin expansion. Family-controlled, 14% ROIC, 2.5x debt/EBITDA. DCF shows 9.7% IRR on organic alone.
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