Professional
Added to YB: 2025-08-29
Pitch date: 2025-06-30
TPK.L [bullish]
Travis Perkins plc
+0.55%
current return
Author Info
No bio for this author
Company Info
Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments.
Market Cap
GBP 1.3B
Pitch Price
GBP 6.02
Price Target
N/A
Dividend
2.20%
EV/EBITDA
6.18
P/E
-43.48
EV/Sales
0.44
Sector
Trading Companies and Distributors
Category
turnaround
Moerus Capital Management New Position: Travis Perkins plc
TPK.L (new position): UK's largest building materials distributor w/ 725 branches + 740 Toolstation stores. Stock down 66% on macro headwinds (rates, construction slowdown) & self-inflicted issues (misallocation, staffing). New mgmt team, closed loss-making France ops. Property portfolio valued at £1B. Well-positioned for rate cuts/housing shortage recovery.
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