Added to YB: 2025-10-09
Pitch date: 2025-10-07
KITW.L [neutral]
Kitwave Group plc
-8.7%
current return
Author Info
No bio for this author
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 2.30
Price Target
N/A
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 (AIM: KITW): Strong track record of delivering goods but can it also deliver cashflows for shareholders?
KITW.L (overview): UK food distributor to independent retailers/restaurants at 6x EBITDA, 10x FCF. Strong acquisition track record (5-6x EBITDA multiples), 8% addressable market share in £13bn sector. Foodservice margins pressured (5.3%→4.7%), NI tax impact. Upside: 17.4% IRR on stabilization + growth. Downside: -9% CAGR if foodservice margins collapse to 2%.
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