Added to YB: 2025-07-10
Pitch date: 2025-07-06
SYNT.L [neutral]
Synthomer plc
-33.65%
current return
Author Info
The Boon Fund writes about their investments in UK shares. Outperforming the FTSE All-Share, every year, for the last three years. 49% total return vs 15% over three years. They transparently publish their entire portfolio, as well as all buys and sells that they do. Sign up for the newsletter.
Company Info
Synthomer plc manufactures and supplies specialised polymers and ingredients for coatings, construction, adhesives, and health and protection sectors.
Market Cap
GBP 153.2M
Pitch Price
GBP 0.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.86
P/E
-2.19
EV/Sales
0.41
Sector
Chemicals
Category
turnaround
June 2025: Performance, Trades, and Commentary - Synthomer plc
SYNT.L (watchlist): Turnaround showing green shoots in sales & new high-margin chemical strategy, but extended covenant holiday signals 18+ months of balance sheet risk. £150M market cap vs £2B revenue (~7-15% potential op margin) suggests extreme undervaluation. Sum-of-parts > EV; forced breakup could unlock value.
Read full article (1 min)