Professional
Added to YB: 2025-08-01
Pitch date: 2025-07-23
CHG.L [neutral]
Chemring Group PLC
-3.91%
current return
Author Info
Massif Capital invests in Basic Materials, Energy, and Industrial businesses, creating a unique portfolio that produces uncorrelated long-term capital appreciation. Follow on Twitter/X.
Company Info
Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally.
Market Cap
GBP 1.5B
Pitch Price
GBP 5.43
Price Target
N/A
Dividend
1.47%
EV/EBITDA
16.66
P/E
29.01
EV/Sales
2.99
Sector
Aerospace and Defense
Category
growth
Massif Capital Real Assets Strategy Portfolio Holding: Chemring Group PLC
CHG.L (holding update): UK defense contractor up 49% in Q2, now within 25% of target price. Specializes in explosives & electronic warfare with duopoly position in European high explosives. Well-positioned for EU defense spending increase (€100B by 2027) and UK targeting 2.5% of GDP. Multi-decade rearmament cycle potential.
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