Added to YB: 2026-08-05
Pitch date: 2026-08-03
HBX.MC [bullish]
HBX Group International plc
+0.91%
current return
Author Info
Andrew Brown manages Dynasty Trust - a wholesale unit trust investing ONLY in public companies with controlling shareholders. Sign up for the newsletter.
Company Info
HBX Group International plc provides network of interconnected B2B products and services for accommodation, mobility, experiences, hoteltech, fintech, and insurance sectors.
Market Cap
EUR 1.9B
Pitch Price
EUR 7.69
Price Target
11.00 (+43%)
Dividend
0.98%
EV/EBITDA
6.77
P/E
10.21
EV/Sales
3.49
Sector
Hotels, Restaurants and Leisure
Category
value
HBX Group International plc - $HBX.MC
HBX.MC: Madrid-listed €1.9B bed bank wholesaler, -30% from €11 IPO on failed-PE stigma & take-rate erosion (9%→low-7%). Bear: Expedia margin ceiling, debt, WC swings. Bull: 55% EBITDA margins, ~€720M neg WC, 10-12%+ EFCF yield vs 6.5% peers, AI net positive. FY27 EPS €0.89, <9x P/E; target €11+.
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