Added to YB: 2025-09-12
Pitch date: 2025-09-11
KITW.L [bullish]
Kitwave Group plc
-10.64%
current return
Author Info
The Small Cap Strategist We specialize in unearthing undervalued companies largely overlooked by mainstream analysts. Our focus is on finding true bargains: businesses with strong fundamentals, limited downside, and significant upside potential. Sign up for the newsletter.
Company Info
Kitwave Group plc engages in the food and drink wholesale business in the United Kingdom. The company operates through Ambient, Frozen & Chilled, and Foodservice divisions.
Market Cap
GBP 191.8M
Pitch Price
GBP 2.35
Price Target
4.51 (+115%)
Dividend
5.00%
EV/EBITDA
6.86
P/E
11.35
EV/Sales
0.42
Sector
Consumer Staples Distribution and Retail
Category
value
Kitwave Group - Overview and Highlights
KITW.L: UK wholesale distributor w/ 98% service levels, 90% cash conversion. Creed acquisition creates national foodservice platform. Trading 8x EV/EBIT forward, 1.9x leverage. Bull case: synergies + mix shift → £32M NOPAT, 14x multiple = £4.51/share vs current price.
Read full article (3 min)