DUFN VX

Dufry AG

Consumer


Presented:11/17/2016
Price:CHF123.80
Cap:$6.92B
Current Price:CHF33.74
Cap:$5.27B

Presented

Date11/17/2016
PriceCHF123.80
Market Cap$6.92B
Ent Value$10.69B
P/E RatioN/A
Book ValueCHF55.03
Div Yield0%
Shares O/S53.77M
Ave Daily Vol182,631
Short IntN/A

Current

PriceCHF33.74
Market Cap$5.27B
Dufry AG engages in the operation of travel retail shops located in airports, ports and cruise liners. The Firm's retail shops offer a large selection of different products and cover a wide range of product categories, such as perfumes and cosmetics, food and confectionery, wine and spirits, tobacco goods, watches, jewelry, fashion, leather, souvenirs, electronics and other accessories. The company was founded in 1865 and is headquartered in Basel, Switzerland.

Publicly traded companies mentioned herein: Dufry AG (DUFN VX), Estee Lauder Companies Inc (EL), L’Oreal SA (OR EN)

Highlights

The presenter is long shares of Dufry (DUFN VX), the largest duty free operator, on a combination of synergies from acquisitions, subsiding headwinds from international travel trends, and strong operations. The presenter targets 192 CHF on 16x 2018 earnings and a favorable risk/reward set-up.

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Idea Discussion

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