Professional
Added to YB: 2023-11-30
Pitch date: 2023-11-30
EDR.MC [bullish]
eDreams ODIGEO S.A.
-41.94%
current return
Author Info
ToffCap are full-time fund managers finding undervalued opportunities and a reason why the price should (start to) move in the right direction. Sign up for their newsletter.
Company Info
eDreams ODIGEO S.A., together with its subsidiaries, operates as an online travel company in France, Southern Europe, Northern Europe, and internationally.
Market Cap
EUR 428.2M
Pitch Price
EUR 6.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.53
P/E
6.28
EV/Sales
1.12
Sector
Hotels, Restaurants and Leisure
Category
special_situation
The Quick Read #3 - eDreams ODIGEO
EDR.MC: Online travel agency's subscription model polarizing. Bears doubt Prime discounts & churn, but KPIs impress: subscribers +42% to 5.1M, cash EBITDA €11M to €34M QoQ, 64% Prime margin. Strong cash gen reducing debt to €313M. Buybacks & debt repurchases hinted. 6.5x FY25 cash EBITDA ex cash build. Upside if growth continues.
Read full article (2 min)