VLEEF - Valeo: Upside For The Future Exists

2024-04-08 04:37:50 ET

Summary

• Valeo, a French automotive supply and tech company, has not delivered the expected returns but remains a qualitative investment.
• The company achieved its targets for 2023A guidance and saw improvements in sales, EBITDA, operating margin, and free cash flow.
• Valeo is well-positioned for EV development and has clear 2025E targets, making it a promising investment with high growth potential.

Dear readers/followers,

It was a few months ago that I reviewed Valeo ( OTCPK:VLEEY ) - a French automotive business that I believe has a major long-term upside. For the time being though, this company has not exactly delivered the upside or the returns I expected it to. The company as an investment is actually down since my last article, which you can find here .

My thesis on Valeo is simple. I expect quality to outperform over time, despite downturns, and Valeo is a company I view as being qualitative. The company is a French automotive supply and tech company positioned to benefit from the growth in EV, electrification, and ADAS - this is where its main business lies....

For further details see: