Added to YB: 2026-01-12
Pitch date: 2026-01-08
EDEN.PA [bullish]
Edenred SE
-0.96%
current return
Author Info
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Company Info
Edenred SE operates as a digital platform for services and payments for companies, employees, and merchants worldwide.
Market Cap
EUR 4.5B
Pitch Price
EUR 18.79
Price Target
N/A
Dividend
6.44%
EV/EBITDA
6.41
P/E
9.04
EV/Sales
2.61
Sector
Financial Services
Category
value
What the path forward may look like for Edenred
EDEN.PA (increased position): Trades 5.4x EBITDA vs fair 8-12x; 60%+ unregulated business reduces risk; sum-of-parts analysis shows regulated B&E alone worth more than market cap using conservative 4x EBITDA multiple; 7% dividend yield with progressive policy; lower Brazil exposure (19% vs peers); asymmetric bet at 7x owner earnings with strong cash returns via dividends + 5% buyback yield.
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