Added to YB: 2024-08-28
Pitch date: 2024-08-27
CHH.L [bullish]
Churchill China plc
-69.23%
current return
Author Info
Javen Turner is a value investor who likes companies that follow big trends and have big margins of safety. Sign up for the newsletter.
Company Info
Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally.
Market Cap
GBP 47.3M
Pitch Price
GBP 10.89
Price Target
N/A
Dividend
8.84%
EV/EBITDA
3.30
P/E
7.43
EV/Sales
0.49
Sector
Household Durables
Category
value
Churchill China PLC – A Stalwart of Boring Britishness
CHH.L: High-quality crockery maker for hospitality sector. Strong moat: unique manufacturing, fast service, durability. Hit by COVID but recovering. 16x PE vs 20x historical. 80%+ GM, 10-15% OM. £13M net cash. Insiders own 20%. Risks: staff shortages, economic downturn. Long-term growth potential in Europe. 12-20% annual EPS growth possible.
Read full article (12 min)