Added to YB: 2024-08-30
Pitch date: 2024-08-29
MACF.L [bullish]
Macfarlane Group PLC
-35.08%
current return
Author Info
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Company Info
Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe.
Market Cap
GBP 107.7M
Pitch Price
GBP 1.11
Price Target
N/A
Dividend
5.37%
EV/EBITDA
4.65
P/E
9.06
EV/Sales
0.61
Sector
Trading Companies and Distributors
Category
value
Macfarlane H1 FY24 Recap
MACF.L: UK packaging co. H1 rev -13% organic, profits flat. M&A (Allpack, Polyformes) offsets weakness. Strong cash gen, 8x EV/EBIT, 10% FCF yield. IRR 8%+: 3% div, 4-6% profit growth + M&A. Risks: weak demand, CEO succession. Europe expansion, cost control, margin improvement key drivers.
Read full article (5 min)