EDV - Convincing Macro + Fundamental
📊 Macro Tailwinds
* Alcohol spending is defensive
* Social drinking & pubs rebounding
* Online liquor sales still growing
* Less sensitive than tech or luxury in weak markets
Fundamental
🍻 Market Leader
Owner of Dan Murphy’s, BWS & thousands of hotels — dominant position in Australia’s liquor & hospitality market.
💰 Valuation Looks Cheap
* PE ~15x (below many peers)
* ~5% dividend yield
* Strong recurring cash flow
➡️ Looks undervalued for its scale
👩💼New CEO = Turnaround Catalyst
Incoming CEO Jayne Hrdlicka (ex-Virgin Australia)
✔ Proven turnaround experience
✔ Strong execution & cost discipline
✔ Market loves credible leadership changes
📉 Technical View
Chart is showing accumulation after a long downtrend
Smart money often buys before headlines turn bullish 👀
📌 Not financial advice - DYOR
Have other thoughts on Endeavour Group?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeHow well do narratives help inform your perspective?
Disclaimer
The user InvestorNTrader holds no position in ASX:EDV. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.
