Added to YB: 2025-06-12
Pitch date: 2025-06-10
WATR.L [bullish]
Water Intelligence plc
-22.67%
current return
Author Info
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Company Info
Water Intelligence plc, together with its subsidiaries, provides leak detection and remediation services for potable and non-potable water in the United States, the United Kingdom, Ireland, Australia, Canada, and internationally.
Market Cap
GBP 63.5M
Pitch Price
GBP 3.75
Price Target
6.08 (+110%)
Dividend
N/A
EV/EBITDA
6.71
P/E
15.03
EV/Sales
1.01
Sector
Commercial Services and Supplies
Category
growth
Great industry tail-winds, dominant position in a niche - Water Intelligence Plc
WATR.L: Non-invasive leak detection biz (ALD=85% rev) w/ 60% upside. Buying franchises & plumbing cos at ~6x PE w/ minimal cash upfront. 80%+ gross margins, 10% op margin. New insurance prevention collab. Cons: high goodwill, low tangible equity (~$2m), key man risk, equity dilution history. Est $12m EBIT = £110m valuation.
Read full article (4 min)