Eutelsat $ETL (+14,27 %) Potential or already too expensive?
Hello everyone,
I am currently taking a closer look at the Eutelsat share and am wondering whether there is still potential here or whether the price is already too high. Following the merger with OneWeb, the company is focusing heavily on the satellite internet sector, which could be promising in the long term - especially in competition with Starlink (add Europe to the portfolio)
However, there are also some risks: The high level of debt, the uncertain profitability of the LEO business and competition from larger players. On the other hand, an attractive dividend yield is tempting
What do you think? Is Eutelsat a buy at the current level or is the share price already ambitious?
I look forward to your opinions!
