TKWY NA

Takeaway.com NV

Consumer, Event Driven/Special Sit


Presented:08/01/2019
Price:€80.45
Cap:$5.48B
Current Price:€12.35
Cap:$2.65B

Presented

Date08/01/2019
Price€80.45
Market Cap$5.48B
Ent Value$2.90B
P/E RatioN/A
Book Value€19.46
Div Yield0%
Shares O/S61.19M
Ave Daily Vol171,823
Short IntN/A

Current

Price€12.35
Market Cap$2.65B
Takeaway.com NV engages in owning and manager food delivery websites. It operates through the following geographical segments: the Netherlands, Germany, and Other. The company was founded by Jitse Groen in 2000 and is headquartered in Amsterdam, the Netherlands.

Publicly traded companies mentioned herein: Delivery Hero SE (DHER GR), Grubhub Inc (GRUB), Just Eat plc (JE/LN), Takeaway.com NV (TKWY NA), Uber Technologies (UBER)

Highlights

The presenter is long shares of Takeaway.com (TKWY NA) following their acquisition of Delivery Hero’s (DHER GR) German business and their recently announced merger with Just Eat (JE/ LN). He believes that this should allow TKWY to potentially earn 40% - 50% EBITDA margins within Germany and turn around the JE’s delivery business. 

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Idea Discussion

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