Professional
Added to YB: 2025-09-01
Pitch date: 2025-06-30
FLO.L [neutral]
Flowtech Fluidpower plc
-25.19%
current return
Author Info
No bio for this author
Company Info
Flowtech Fluidpower plc, together with its subsidiaries, distributes engineering components and assemblies in the areas of fluid power industry in the United Kingdom, The Netherlands, Belgium, and Ireland.
Market Cap
GBP 35.8M
Pitch Price
GBP 0.67
Price Target
2.60 (+423%)
Dividend
N/A
EV/EBITDA
13.38
P/E
-1.35
EV/Sales
0.53
Sector
Trading Companies and Distributors
Category
turnaround
Rockwood Strategic Portfolio Holding: Flowtech Fluidpower plc
FLO.L (holding update): UK fluidpower distributor (16 locations, 75k products, 10k+ customers) trading 0.4x EV/sales despite 38.2% gross margins. New CEO Mike England executing turnaround from 2.5% to mid-teens EBIT margin target. Recovery EBITDA >£18m suggests >300% upside to £150m+ mcap (1.3x EV/sales minimum). Harwood 29.5% stake.
Read full article (1 min)