Added to YB: 2026-10-14
Pitch date: 2026-10-12
QDT.PA [bullish]
Quadient S.A.
-1.49%
current return
Author Info
No bio for this author
Company Info
Quadient S.A. provides digital, mail, and lockers for customers through digital and physical channels in North America, Austria, Benelux, France, Germany, Ireland, Italy, Switzerland, and the United Kingdom, and internationally.
Market Cap
EUR 515.3M
Pitch Price
EUR 14.78
Price Target
20.90 (+44%)
Dividend
4.93%
EV/EBITDA
6.97
P/E
-6.98
EV/Sales
1.19
Sector
Technology Hardware, Storage and Peripherals
Category
value
The Monday Morning Briefing: Quadient S.A.
QDT.PA: Quadient appears mispriced as a shrinking, overleveraged postage-equipment vendor despite €264M of software ARR growing 13% organically. Overlooked Alpha argues headline debt risk is overstated, with covenant leverage at 1.6x excluding the leasing book. The parcel-locker exit should cut capex by ~€120M over five years, while France’s e-invoicing mandate is a digital catalyst. A sum-of-the-parts yields €20.90 per share, ~40% upside; mail declines remain the core risk.
Read full article (1 min)