XTRA:UTDITelecom
United Internet (XTRA:UTDI) Stock Looks Cheap But Cash Demands Still Loom
United Internet stock has barely moved over the past week, yet today’s Q2 release quietly sharpened the long game. The shares closed at €23.90 on 7 August, just a few points above where they traded a month ago, while the business now sits on trailing earnings per share of €1.75 and a P/E of 13.6x that screens low against telecom peers.
The real story is not this quarter’s €0.40 EPS. It is the steady lift in group EBITDA to €676m in the first half and the reaffirmed full year targets that will...