Edenred SE
EDEN: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| €16.00 | Qkvv | Tznzfsgt |
Edenred Motoring on in 2024
Business Strategy and Outlook
Edenred is the world leader in prepaid corporate services, with its main business in employee benefits, such as meal vouchers. This market is highly concentrated: In key region Brazil, for example, Edenred is the number-one player, followed closely by peers Sodexo and Alelo. Together, the three control 90% of the market. Edenred has a presence in over 40 countries and holds the number-one or number-two spot in each of its key markets.