Added to YB: 2025-10-07
Pitch date: 2025-10-03
LTHM.L [neutral]
James Latham plc
-7.55%
current return
Author Info
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Company Info
James Latham plc, together with its subsidiaries, distributes timbers, panels, and decorative panels in the United Kingdom, the Republic of Ireland, rest of Europe, and internationally.
Market Cap
GBP 294.8M
Pitch Price
GBP 10.60
Price Target
N/A
Dividend
3.33%
EV/EBITDA
8.92
P/E
11.79
EV/Sales
0.65
Sector
Trading Companies and Distributors
Category
value
AIM A-Z Part 18: Cheap Distribution and Solid Professional Services - Pass: James Latham plc
LTHM.L pass: £213m timber/panel distributor, flat revs, EBIT down to £20m from £26m (incl £2.5m pension charge). Competitor bankruptcy creates opportunity. Building £45m distribution center over 2-3yrs. 5.5% dividend yield, 11x fwd P/E, trades at NAV. Latham family owns 15%. Solid but unexciting.
Read full article (1 min)