Professional
Added to YB: 2024-09-16
Pitch date: 2024-09-07
VTY.L [bullish]
Vistry Group PLC
-54.17%
current return
Author Info
No bio for this author
Company Info
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers single family housing model.
Market Cap
GBP 2.0B
Pitch Price
GBP 13.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.88
P/E
57.55
EV/Sales
0.66
Sector
Household Durables
Category
value
Bonhoeffer Capital Management Portfolio Holding: Vistry Group PLC
VTY.L: UK's largest partnership homebuilder transitioning from land-heavy to land-light model. Exiting traditional homebuilding, selling £1B land inventory for buybacks. Mid-20s ROE expected in 5 years vs current 15%. £500M annual net income projected. Trading at 7x 3-5yr forward EPS. Risks: project timing, competition.
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