Professional
Added to YB: 2024-04-01
Pitch date: 2024-03-28
CTT.LS [bullish]
CTT - Correios De Portugal, S.A.
+62.66%
current return
Author Info
Symmetry Invest is a portfolio that focuses on Small- and Mid-cap stocks primarily in Europe and the USA. The long-term objective is to deliver the highest possible growth in net asset value per share at the lowest possible risk. Visit their website.
Company Info
CTT - Correios De Portugal, S.A., together with its subsidiaries, engages in reference postal business in Portugal and internationally.
Market Cap
EUR 875.3M
Pitch Price
EUR 3.89
Price Target
8.30 (+31%)
Dividend
2.58%
EV/EBITDA
-3.77
P/E
17.37
EV/Sales
-0.57
Sector
Air Freight and Logistics
Category
value
Symmetry Invest A/S Portfolio Holding: CTT - Correios De Portugal, S.A.
CTT: Undervalued Portuguese postal co. transforming into e-commerce powerhouse. Owns massive Iberia last-mile parcel network poised for growth as region's e-commerce booms. Also owns attractive bank & financial services biz. 6x EV/FCF with unrecognized real estate value & 8-9% shareholder yield. 100%+ upside.
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