Added to YB: 2026-05-20
Pitch date: 2026-05-15
PRX.AS [neutral]
Prosus N.V.
+4.48%
current return
Author Info
No bio for this author
Company Info
Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally.
Market Cap
EUR 105.4B
Pitch Price
EUR 38.52
Price Target
63.00 (+57%)
Dividend
0.51%
EV/EBITDA
14.76
P/E
5.95
EV/Sales
14.81
Sector
Broadline Retail
Category
value
Theodosian Capital | Stocks Update 15/5/2026 - PRX – CEO letter; Delivery Hero
PRX.AS (update): FY26 hit guidance: $7.3bn rev, $1.1bn ecommerce adj EBITDA; all ecosystems profitable, FCF (ex-Tencent) growing. iFood faces competition, reducing FY27 EBITDA $100-150M vs $400M run rate, but mgmt says rival spend unsustainable. Sold 9.5% Delivery Hero stake for €605M at premiums to market; still owns 16.8%, more sales coming. $5bn annual buyback continues. Trades €39 vs €63 NAV (38% discount).
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