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Added to YB: 2026-06-17

Pitch date: 2026-06-09

FBI.CY [bullish]

Alkis H. Hadjikyriacos (Frou Frou Biscuits) Public Ltd.

Author Info

No bio for this author

Company Info

Alkis H. Hadjikyriacos (Frou Frou Biscuits) Public Ltd. manufactures and sells various biscuits and snacks in Cyprus, Europe, the Middle East, Africa, and the America.

Market Cap

EUR 39.7M

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

5.39

P/E

8.70

EV/Sales

1.44

Sector

Food Products

Category

value

Show full summary:
A Famous Biscuit Brand With an Investment Portfolio Worth More Than Its Market Cap. - Alkis H. Hadjikyriacos (Frou-Frou Biscuits) Public Ltd.

FBI.CY: Cyprus biscuit co at €49M mkt cap vs €50.3M liquid assets (stocks, gold, bonds, RE) + €3M FCF biscuit biz valued at ~€0. NOT Sanborn—74.99% family control blocks activism, so passive. Floor protected; div up 15x in 4yrs (4.4% yield). 8 catalyst signals: €16.3M reclassed to current assets, stated 2026 liquidation, 13.88% activist holder, gen transition, div tax cut to 5%. Base 6-8%/yr, 12-15% if discount closes. Author holds small position.

Read full article (17 min)