Added to YB: 2025-04-29
Pitch date: 2025-04-26
ANX.L [bullish]
Anexo Group Plc
-42.61%
current return
Author Info
I hunt patiently for 100-baggers in the realm from small to mid-cap preferably for underfollowed companies. The goal is to find asymmetric bets, with high upside, limited downside and always exposed to additional outsized optionality. Sign up for the newsletter.
Company Info
Anexo Group Plc, along with its subsidiaries, provides integrated credit hire and legal services in the United Kingdom.
Market Cap
GBP 44.8M
Pitch Price
GBP 0.57
Price Target
1.50 (+355%)
Dividend
N/A
EV/EBITDA
3.70
P/E
3.84
EV/Sales
0.89
Sector
Diversified Consumer Services
Category
value
A secretly growing net-net at an EV/EBIT of 3 - Anexo Group Plc
ANX.L: Credit hire & legal services provider at 0.4x P/B vs 2.6£ PT. 15% 5yr revenue CAGR, 75% gross margins. Unique model recovers high vehicle rental rates from at-fault insurers. Housing disrepair growth opportunity. Collections improving, debt reducing. Optionality from Mercedes class action settlement (potential £16.7-30M). Recent tender offer complicates upside, 5% position.
Read full article (17 min)