Professional
Added to YB: 2024-08-21
Pitch date: 2024-08-13
BUR [bullish]
Burford Capital Limited
-29.21%
current return
Author Info
No bio for this author
Company Info
Burford Capital Limited provides legal finance products and services worldwide. The company operates in two segments, Principal Finance, and Asset Management and Other Services.
Market Cap
$2.0B
Pitch Price
$12.71
Price Target
30.41 (+238%)
Dividend
1.36%
EV/EBITDA
14.00
P/E
23.15
EV/Sales
8.81
Sector
Financial Services
Category
value
Silver Beech Capital Portfolio Holding: Burford Capital Limited
BUR: Leading legal finance co. w/ $7B portfolio, 27% IRR/1.8x ROIC on realized investments. High ROE (25%), long runway, IP advantage. $16B YPF case vs Argentina upside. Excl. YPF, worth $14+/share. PT $30.41, 133% upside. Risks: complex accounting, lumpy cash flows, uncertain YPF outcome. Mgmt owns 9%.
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