Travel company at 6x PE

With capital return program announced at FY2025

I am harvesting cheap euro stocks here, I think in the next 2 years they will outperform (especially the ones with international exposure). I currently have a EU travel stock that trades at 6x 2025E earnings, close to debt free and highly cash generative and will announce a capital return program at the end of 2022.

Write-up is not very long as this is a solid business with no obvious red flags that trades at an unjustified discount to peers.