Should you buy Catana Group stock? (May 2024)

Published first at https://www.3minutebreakdowns.com Catana Group stock analysis. Ticker: $CATG French business Catana Group manufactures the popular Bali Catamaran. This is a small, family owned business that has little analyst coverage. At the latest share price, Catana stock has a market cap of 163 million euros. The company has a healthy balance sheet with 63 million of cash taking the enterprise value to 131 million. Since launching its Bali Catamaran back in 2014, Catana has seen consistent growth of 20% a year. Last year's sales increased 40% to 207 million euros. Net income increased to 19.4 million and ebitda increased to 30.5 million which means Catana is now valued at 8.4 times earnings and only 4.3 times ebitda. That valuation is near the bottom of Catana’s historical range. In fact, before the pandemic, Catana traded as high as 20 times earnings. That multiple was no doubt too high for Catana. After all, boating is a capital intensive and reasonably low growth business. But Catana does look to be holding its own. Half of its revenue comes from cruise operators, net income has increased steadily over time and the company returns cash in the form of dividends and buybacks. #investing #stocks #stockstobuy #3mb