A bond camouflaged as stock: Societé D’Edition de Canal+ (ISIN FR0000125460) – Part 1
This is an idea a reader mailed me some time ago and originated in the Value Investor Club. The idea is freely available following this link.
A quick summary of the stock & the case:
Market Cap: 573 mn EUR
P/E 12.4
Div. Yield 5.97%
P/B 1.8
EV/EBITDA 3.7
value and opportunity 