BME:IDRIT
Assessing Indra Sistemas (BME:IDR) Valuation After Third Point Stake And Defense Restructuring Moves
Indra Sistemas (BME:IDR) is in focus after hedge fund Third Point LLC disclosed a new stake and backed Chairman Ángel Escribano’s plan to acquire Escribano Mechanical & Engineering to build a larger Spanish defense group.
See our latest analysis for Indra Sistemas.
These moves come after a strong run for investors, with a 1-year total shareholder return of around 190% and a roughly 7x total shareholder return over five years. This comes even though the 1-month share price return of 6.32% is...