Added to YB: 2026-06-24
Pitch date: 2026-06-21
EDEN.PA [neutral]
Edenred SE
+17.3%
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 6.6B
Pitch Price
EUR 23.70
Price Target
28.00 (-1%)
Dividend
4.65%
EV/EBITDA
7.61
P/E
13.85
EV/Sales
3.08
Sector
Financial Services
Category
special_situation
Edenred: Another high conviction position at risk of getting taken out
EDEN.PA (update): European fintech (meal vouchers, benefits, fleet, corp payments) w/ recurring rev, FCF>NI, ~40% share, 1x net debt/EBITDA. Stock collapsed on Brazil/Italy regulation & antitrust fears, now 11x fwd PE vs 20-30x historical. BC Partners exploring take-private; analysts see €27-28 offer (~30-35% premium), still below intrinsic value.
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