15% CAGR, 10% EBIT Margins, and a 7% Dividend. All Trading at 7x Earnings
PoW (#22) 11 Years of Consistent Growth and a Sustainable 60% Dividend Payout
Today, we’re bringing you a European mobility powerhouse (in the making) that is tremendously undervalued. They have been growing rapidly while delivering a top-tier dividend.
With a multi-decade track record, this is a proven compounder positioned to deliver significant double- or even triple-digit returns in the coming years.
As you know, we have significant experience in the car rental space, our most recent play being Alquiber. We exited that position last March at its peak, a move that proved timely as it coincided with the Trump tariffs. This allowed us to redeploy that extra cash almost immediately.
We secured a 52%+ return on Alquiber, which represented over 10% at cost of our personal portfolios and SMAs at the time.
If you want the full context of what happened there pls check this:
Pick of the Week. A curated series of high-conviction research on companies currently under our microscope. We screen for specific dislocations where the market has mispriced the balance sheet or earnings power.
The Selection Criteria:
Asset Arbitrage: Trading at a discount to tangible liquidation value.
Backlog Disconnect: Future contracted revenue ignored by the market.
Hidden Margins: Structural profitability masked by temporary noise or CAPEX cycles.
The Structure:
The Business: A concise operational overview.
The Dislocation: The specific structural reason the opportunity exists.
The Valuation: A stress-tested snapshot including downside risks (”Red Flags”) and our proprietary score.
None of the following should be construed as investment advice. Please consult a financial advisor before making any investment decision. You will find a full disclaimer at the end of this post.
