Added to YB: 2025-10-21
Pitch date: 2025-10-17
MCON.L [neutral]
Mincon Group plc
+28.77%
current return
Author Info
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Company Info
Mincon Group plc engages in designing, manufacturing, selling, and servicing of rock drilling tools and associated products in Ireland, the Americas, Europe, Australasia, the Middle East, and Africa.
Market Cap
GBP 89.1M
Pitch Price
GBP 0.36
Price Target
N/A
Dividend
5.01%
EV/EBITDA
5.78
P/E
18.31
EV/Sales
0.75
Sector
Machinery
Category
value
AIM A-Z Part 20: Struggling Audiovisuals, AI Investments and Depressed Bricks - Pass: Mincon Group plc
MCON.L pass: £81M rock drilling tools manufacturer. H1 growth from construction (48% rev) but just rebounding from depressed 2024 levels. Mining/waterwell soft. Struggled since 2023 vs £14M profits prior. NCAV=market cap, NAV>MC. Construction less profitable than mining. 56% Purcell family control.
Read full article (1 min)