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Portfolio

FINANCIAL-BANKING

We have extensive experience in both banking and investing in this sector. The financial-banking portfolio represents 44% of Evergent’s total assets.   

Banca Transilvania is the champion of our portfolio, rising up the most optimistic forecasts. Banca Transilvania has a constant ROE between 15-20%, a very attractive policy for shareholders’ remuneration and first of all a pro-business approach, as partner of SMEs. TLV will continue to remain the main stability and growth pillar, due to its own business model: 120% coverage rate for non-performing loans, the lowest cost/income ratio in the industry.  

BRD ranks 3rd in the bank system based on the number of assets. The bank’s business model helped maintain a solid financial position, with the constant registering of a ROE over 10%. The good credit portfolio quality is reflected by the low NPL indicator. The high level of capital adequacy indicates the high bank potential to remunerate shareholders through dividend distribution.

ENERGY-INDUSTRIAL

Energy portfolio represents 21.1% of total assets. The overall vision of our experts, corroborated with fundamental and technical analysis built a solid and long-term portfolio.

Nuclearelectrica (SNN) is ideally positioned for value recognition due to deep paradigm shifts in the energy industry that is the transition from fossil fuels to electric energy consumption. Coupled with the massive investment plans to increase production capacity for reactors 3 and 4, SNN will consolidate its business model with a net profit margin of over 27% and dividend yields around 8-10% on the average term.  

ROMGAZ is very well positioned to benefit from the favorable context created by the liberalization of electric energy market on 01.01.2021 for clean gas energy manufacturers. ROMGAZ’s important investment program focused on the construction of electric plants and development of offshore production included in Romania’s Energy Strategy will develop the business model on average term, while maintaining a net profit margin over 25% and dividend yields of at least 6-7%.

Private Equity

We focus our resources and attention on a concentrated private equity portfolio. We are thus implementing a customized strategy for each project in part. Both the long-term perspectives and responsible and flexible investments allow us to create value through the partnerships we close.   
 
We invest in dynamic companies or fast-growing projects. Our fundamental analysis process identifies resilient and substantially long-term business models. 

We have 100% holdings in agricultural and residential businesses. We own shares of profitable businesses and build strong partnerships with the management teams of the companies we invest in.   

Blueberry Farm - Agrointens

The ”Blueberry Farm” project run through Agrointens SA is a market leader in blueberry culture in Romania, with a cultivated area of 86 ha and extension plans.  

Baba Novac Residence

 “Baba Novac Residence” real estate project run through Tesatoriile Reunite SĂ has been completed, the investment bank loan was repaid in full. In 2020 we have received 34,6 billion lei from dividends and returns.  

Everland

Within the Iasi real estate project run by Everland SA, we have purchased Iasitex SA assets, a land with an area of  2,83 ha and an administrative building (GF+8) with a built area of 4.600 square meters, located on the central area of the city. 

Veranda Mall

We own 37% of "Veranda Mall" project through Professional Imo Partners SA and Nord SA. In 2019 we completed the extension stage by around 6.300 square meters, with an area dedicated to shopping centers and a multiplex cinema with 12 cinema halls, the rentable area being of around 34.000 square meters.

SELL PORTFOLIO

Disinvestment is the strategy applied to the companies in this portfolio. Sell, the historic portfolio is inherited and non-strategic; therefore we capitalize on existent assets by selling them. Over the last 10 years we have reduced the number of companies in this portfolio by 80%.  

ASSETS STRUCTURE

67%
Listed shares
8,3%
Unlisted shares
12,9%
CIU equities
9,6%
Monetary instruments
2,2%
Other assets

Sectoral exposure

Financial Sector
45.4%
Energy
10.6%
Manufacturing
7.9%
Real estate
6%
Other Sectors
30.1%

TOP HOLDINGS OF EVERGENT ASSETS

We focus on the way we make a real difference for our investors, in order to help them reach long-term investment objectives. This is why we apply a diversified strategy and constantly strive to identify opportunities to increase the performance of the portfolio.  

BANCA TRANSILVANIA

39%

BANCA TRANSILVANIA

39%

ROMGAZ

9.5%

ROMGAZ

9.5%

AEROSTAR

6.6%

AEROSTAR

6.6%

BRD

4.2%

BRD

4.2%

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