What is Lenta PLC?
Lenta International public joint-stock company, together with its subsidiaries, develops and operates hypermarket and supermarket stores.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Lenta International public joint-stock company, together with its subsidiaries, develops and operates hypermarket and supermarket stores. As of September 30, 2021, it operated 255 hypermarkets and 419 supermarkets in 88 cities across Russia. The company is listed on the OTCCE in USA, operating in the Consumer Cyclical sector, with a market capitalisation of 1.07B, and a P/E ratio of 4.2x.
A short list of Department Stores names that are close enough in size to make side-by-side comparison useful.