Added to YB: 2026-07-06
Pitch date: 2026-07-01
SL.MI [bullish]
Sanlorenzo S.p.A.
+7.05%
current return
Author Info
No bio for this author
Company Info
Sanlorenzo S.p.A. designs, builds, and sells boats and pleasure boats in Italy, rest of Europe, the Asia-Pacific, the United States, the Middle East, and internationally.
Market Cap
EUR 1.3B
Pitch Price
EUR 34.90
Price Target
N/A
Dividend
2.87%
EV/EBITDA
7.65
P/E
11.95
EV/Sales
1.28
Sector
Leisure Products
Category
value
Superyachts for the Rest of Us - Sanlorenzo S.p.A.
SL.MI: Pure-play luxury superyacht builder (30-40m segment) at ~11x P/E, below 10yr avg. EBITDA margin up 14.5%→18.8% (2019-25), net profit €27M→€107M. Backlog €1.23B (90% sold to end clients, 72% of '26 rev), order intake +25% YoY, 7 straight quarters growth, waitlist to 2029. Net cash. Americas +19%, MEA +24% in Q1'26 on younger UHNW buyers. Cyclical risk: market -8% in '25. Author's anchor position.
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