RNO FP

Renault Société

Industrial/Transportation, Event Driven/Special Sit


Presented:05/02/2013
Price:€52.32
Cap:$15.40B
Current Price:€39.18
Cap:$12.61B

Presented

Date05/02/2013
Price€52.32
Market Cap$15.40B
Ent Value$39.21B
P/E Ratio11.39x
Book Value€90.74
Div YieldN/A
Shares O/S272.24M
Ave Daily Vol1,310,000
Short IntN/A

Current

Price€39.18
Market Cap$12.61B
Renault Société Anonym designs, manufactures, and sells vehicles worldwide. It provides passenger cars and light commercial vehicles; electric vehicles; and power train components. The company sells its vehicles under the Renault, Dacia, and Renault Samsung Motors brands. It also offers financing and insurance services; maintenance and repair services; car hire services; vehicle assistance services; consulting services; and vehicle customization services. The company has a strategic cooperation with Daimler AG; and a strategic partnership with AvtoVAZ. Renault Société Anonym was founded in 1898 and is headquartered in Boulogne-Billancourt, France.

Highlights

The presenter expressed a great deal of optimism about Renault’s prospects and valuation given a number of potential catalysts he sees on the horizon. It was ~14 years ago when Renault took a stake in Nissan to help turn the ailing auto manufacturer around, and today this ~40% ownership is worth nearly ~14.5 billion EUR (yet Renault’s market cap is ~14.5 billion EUR). If he backs out other investments/ assets on Renault’s balance sheet, he arrives at a -14 EUR current value for its core business. The rest of the points supporting his bullish stance on Renault include:

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.