MN - Why Is Azimut Significantly Undervalued?
In this article, I'll try to explain why Azimut Holding Spa (OTC: AZIHY/AZIHF) is deeply undervalued. In my view, it's clear that almost any conservative valuation approach will indicate that the company is trading below its fair value. However, the stock is challenged by many risks and uncertainties. Thus, the market is discounting the company’s share price accordingly.
I can understand why some investors would decide to initiate small positions in the company. Nevertheless, after some analysis, it's evident that Azimut doesn't justify a significant place in anyone's portfolio.
Source: Azimut’s logo.