ED EDR.MC eDreams ODIGEO S.A. Загрузка... : Бычьи и медвежьи мнения аналитиков

eDreams has 7.9M Prime subscribers, EBITDA up 74% over nine months, and management buying stock at P/E 5.1x. The -64% drawdown creates a deep value entry point; the underlying subscription business is growing rapidly while the market remains focused on past losses. At 5.1x P/E with accelerating EBITDA and insider buying, the risk/reward strongly favors a long position. High net debt, competitive pressure from Booking/Expedia, or a slowdown in travel demand could invalidate the thesis. 1913 HK - LONG | confidence: 0.85 | sentiment: +0.80 Speaker: u/Away_Definition5829 Thesis: Prada trades at 9x EV/EBIT while luxury peers trade 16–25x; Miu Miu is growing 60%+ and the family controls 80% of shares. The valuation discount implies brand impairment, but Miu Miu’s explosive growth and strong free cash flow prove the brands are intact and gaining share. A luxury conglomerate with pricing power, family stewardship, and a clear growth driver (Miu Miu) priced at a 50%+ discount to peers is a compelling long. Slowdown in Chinese luxury demand, FX headwinds, or brand dilution could narrow the arbitrage.