YNDX

Yandex N.V.

TMT


Presented:12/13/2016
Price:$21.06
Cap:$6.88B
Current Price:$18.94
Cap:$6.85B

Presented

Date12/13/2016
Price$21.06
Market Cap$6.88B
Ent Value$6.19B
P/E Ratio53.3x
Book Value$3.78
Div Yield0%
Shares O/S326.83M
Ave Daily Vol2,453,291
Short Int0.52%

Current

Price$18.94
Market Cap$6.85B
Yandex NV operates as an investment holding company with interest in providing internet search engine services. It develops search technology and information retrieval services in applied mathematics and data analysis for Internet users. The company was founded by Elena Kolmanovskaya, Ilya Segalovich and Arkady Volozh in 2000 and is headquartered in Amsterdam, the Netherlands.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Yandex NV (YNDX)

Highlights

The presenter is long shares of Yandex (YNDX), citing organic growth opportunities from new products and macro tailwinds, potential Russian government regulations against primary competitor Google, and optionality from Yandex.Taxi. The presenter believes YNDX shares have 40% upside from current levels, and his “base case” comes in at 18% above Street estimates.

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Idea Discussion

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