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Added to YB: 2025-04-09

Pitch date: 2025-02-20

RNWH.L [bullish]

Renew Holdings plc

+28.4%

current return

Author Info

No bio for this author

Company Info

Renew Holdings plc provides engineering services in the United Kingdom. The company offers asset renewals and refurbishment, fencing, devegetation, critical planned and reactive maintenance, and operational support and asset care; civil, mechanical, and electrical and minor signalling engineering services; geotechnical and earthworks; plant, power, and signalling; and emergency provision, tunnel and shaft refurbishment, multidisciplinary design capability, electrification, stations and telecoms, and specialist rail plants services to rail network.

Market Cap

GBP 718.7M

Pitch Price

GBP 6.81

Price Target

9.69 (+11%)

Dividend

2.20%

EV/EBITDA

8.42

P/E

16.18

EV/Sales

0.68

Sector

Construction and Engineering

Category

value

Show full summary:
Renew Holdings plc - $RNWH.L

RNWH.L: UK infrastructure services co. 16% EPS CAGR 14yrs. -33% on Network Rail delays. £30.5bn annual market, £1.1bn rev. Rail 40%, Water 25%, Infrastructure 20%, Energy 15%. Non-discretionary spend. 27% ROCE. Govt committed £600bn/10yrs. 25-40% upside at 9x EBITDA. Risk: continued delays.

Read full article (7 min)