Risk factor
Low price volatility
Profitability factor
Very strong margins and returns
About
Sanlorenzo S.p.A. is a leading manufacturer specializing in the design, construction, and sale of luxury yachts and pleasure vessels, serving a global clientele across Europe, the Asia-Pacific region, the Americas, the Middle East, and Africa. The company's operations are structured into three distinct divisions: Yacht, Superyacht, and Bluegame. Beyond manufacturing new vessels, Sanlorenzo extends its offerings to include ancillary services such as maintenance and chartering, and also facilitates the sale of both its proprietary and third-party pre-owned yachts. Its diverse product portfolio, including innovative sport utility yachts, is marketed under the well-known Sanlorenzo and Bluegame brands. Established in 1958, the Italian company, headquartered in Ameglia, was initially incorporated as Cantieri Navali San Lorenzo SpA, before officially rebranding to Sanlorenzo S.p.A. in 2005.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EB
Target Price
The average target price of SL.MI is 42.5 and suggests 9.2% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio