Added to YB: 2025-05-07
Pitch date: 2025-03-18
ASBFY [bullish]
Associated British Foods plc
+7.41%
current return
Author Info
No bio for this author
Company Info
Associated British Foods plc engages in the food, ingredients, and retail businesses worldwide. It operates through five segments: Retail, Grocery, Ingredients, Sugar, and Agriculture.
Market Cap
GBP 13.7B
Pitch Price
GBP 18.22
Price Target
99.30 (+407%)
Dividend
3.22%
EV/EBITDA
6.47
P/E
14.69
EV/Sales
0.87
Sector
Food Products
Category
growth
Associated British Foods plc - $ASBFY
ASBFY: AB Foods family-owned conglomerate poised for 50%+ upside from Primark spin-off in 12-18 months. Primark (50% of EBIT) valued at 7x EV/EBIT, 50% below peers despite growth prospects. Shein threat waning due to US/EU forced labor regulations. Primark growth acceleration (6% space + 3% comps) + multiple expansion = 100-300% upside potential.
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