Yet Another Value Podcast发布 2026-08-20
《$ELAL: El Al is a wartime monopoly at 2x EBITDA. Is that a trap? | ASB Partners》
$ELAL看涨
ELAL是高质量、被忽视的资产，交易价格低廉（2.3倍EV/EBITDA），由于净现金、自有飞机和忠诚度计划价值，下行保护强劲；战时垄断动态提供不对称上行空间。
我们说的是LL航空公司。我希望我没说错。它基本上是以色列的国家航空公司。他有一个论点，你知道，下行保护，大量资产，有趣的定价结构，有趣的竞争动态，所有这些。
We're talking about LL Airlines. I hope I said that right. It's the Israeli national airlines is basically what it is. And he's got a thesis, you know, downside protection, lots of assets, the interesting pricing structure, interesting competitive dynamics, all that type of stuff.