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Added to YB: 2025-10-23

Pitch date: 2025-10-11

VTY.L [neutral]

Vistry Group PLC

+1.95%

current return

Author Info

Laughing Water Capital is a boutique investment partnership. Our partners believe that careful analysis of a select group of businesses can lead to above average investment returns for equity investors. Our small size and patient approach give us an advantage that cannot be matched by traditional asset managers or hedge funds that are focused on the day to day gyrations of the stock market, rather than the fundamental value of businesses. Visit their website.

Company Info

Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers single family housing model.

Market Cap

GBP 2.0B

Pitch Price

GBP 6.05

Price Target

N/A

Dividend

N/A

EV/EBITDA

7.88

P/E

57.55

EV/Sales

0.66

Sector

Household Durables

Category

value

Show full summary:
Laughing Water Capital Portfolio Holding: Vistry Group PLC

VTY.L (holding update): UK's largest affordable housing provider by 5x, capital-light Partnerships model. Stock down ~50% on legacy accounting issues (now remediated). New £39B 10-year UK funding program vs previous smaller scheme. Mgmt expects high-teens H2'25 EBIT growth, 20%+ in 2026, 'real step-up' 2027. CEO bought £1M stock. Trades 4.5x 2026 EBIT vs low double-digit comps.

Read full article (2 min)