Professional
Added to YB: 2024-07-11
Pitch date: 2024-06-30
RYAAY [bullish]
Ryanair Holdings plc
+26.74%
current return
Author Info
No bio for this author
Company Info
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, Italy, Spain, the United Kingdom, and internationally.
Market Cap
EUR 23.1B
Pitch Price
EUR 45.31
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.50
P/E
10.78
EV/Sales
1.36
Sector
Passenger Airlines
Category
turnaround
Conventum - Alluvium Global Fund Portfolio Holding: Ryanair Holdings plc
RYAAY: -22.3% on Boeing delays limiting growth. Strong demand, competitors' engine issues, industry consolidation boost fares. 36% capacity growth post-pandemic vs competitors. €700M buyback, new dividend policy. Solid results, unchanged valuation. Fund increased position to 4.6% on price dip.
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