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VOD - Fnac Darty Lost 10% Of Its Value In The Past Week An Opportunity?
Vodafone Group Plc
Introduction
After last week's article on Bankinter (BKNIY) (BKIMF), the European banking sector put in a disappointing performance, and Bankinter's shares are now even cheaper than before. You can re-read here why Bankinter is attractively priced.
In this week's edition, we will be zooming in on Fnac Darty (GRUPF) (GROPF), a French retailer of household appliances and consumer electronics in Western Europe. With a strong balance sheet and trading at an EV/EBITDA of around 4, Fnac could be an interesting way to gain exposure to