Added to YB: 2025-05-07
Pitch date: 2025-03-18
ASBFY [bullish]
Associated British Foods plc
+13.22%
current return
Author Info
No bio for this author
Company Info
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide.
Market Cap
GBP 14.7B
Pitch Price
GBP 18.42
Price Target
99.30 (+376%)
Dividend
4.39%
EV/EBITDA
5.66
P/E
10.58
EV/Sales
0.84
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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