Added to YB: 2025-08-15
Pitch date: 2025-08-13
SPRO [bullish]
Spur Corporation Ltd
+18.93%
current return
Author Info
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Company Info
Spur Corporation Ltd, together with its subsidiaries, operates as a restaurant franchisor in South Africa and internationally.
Market Cap
ZAR 2.7B
Pitch Price
ZAR 31.28
Price Target
2.40 (-94%)
Dividend
6.61%
EV/EBITDA
6.61
P/E
11.40
EV/Sales
0.68
Sector
Hotels, Restaurants and Leisure
Category
value
SPRO: Definitely no congratz on a great quarter!
SPRO: Suffered setbacks with Tebipenem - net royalty 0% on first $750M sales, milestone reduced from $150M to $101M. Pro forma cash ~$55M to last into 2028. CEO sees Tebipenem as main value driver, decision on IV720 by mid-2026. Risk-reward looks decent at low $2s with ~$2.40 mid-case fair value.
Read full article (5 min)