Added to YB: 2025-04-22
Pitch date: 2025-03-05
TPFG.L [bullish]
The Property Franchise Group PLC
+24.51%
current return
Author Info
No bio for this author
Company Info
The Property Franchise Group PLC engages in residential property franchise, and licensing and financial services businesses in the United Kingdom.
Market Cap
GBP 314.3M
Pitch Price
GBP 4.23
Price Target
7.50 (+42%)
Dividend
3.65%
EV/EBITDA
11.49
P/E
19.83
EV/Sales
4.07
Sector
Real Estate Management and Development
Category
growth
The Property Franchise Group PLC - $TPFG.L
TPFG.L: UK's largest franchised property network with 3% market share. 70% of earnings from franchisee fees (70% recurring lettings). Resilient through housing crises with 45% EBITDA margins, >100% FCF conversion, 20%+ ROIC. Trading at 12x 2025 FCF with 13-15% EPS growth potential. £7.5 price target (25% IRR) vs £4.4 now. Belvoir merger offers synergies undervalued by sell-side.
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