Added to YB: 2025-02-05
Pitch date: 2025-02-04
ZEG.L [bullish]
Zegona Communications plc
+252.94%
current return
Author Info
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Company Info
Zegona Communications plc engages in the provision of integrated telecommunications services in Spain.
Market Cap
GBP 4.0B
Pitch Price
GBP 4.47
Price Target
20.00 (+27%)
Dividend
N/A
EV/EBITDA
4.74
P/E
-59.80
EV/Sales
2.27
Sector
Diversified Telecommunication Services
Category
special_situation
Idea Update - 2/3/2025 - Zegona Communications plc
ZEG.L: Q1 under Zegona: Vodafone Spain EBITDAaL +6%, EBITDAaL-capex +23%. Fiberco spin-offs progressing: MasOrange JV €480m EBITDA in 3yrs, Telefonica fiberco bids at 16-20x EBITDA. Deleveraging via Netco sales could unlock >100% upside. Risks: premature EBITDAaL projection, 15% promote drag. Potential £20/share.
Read full article (3 min)