Added to YB: 2025-11-14
Pitch date: 2025-11-10
VP.L [neutral]
Vp plc
-6.5%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Vp plc provides equipment rental and related services in the United Kingdom and internationally. The company provides materials handling solutions, including telehandlers and plant and equipment for residential housebuilding; and supports upstream projects with pipeline, infrastructure maintenance, and well testing services, as well as downstream projects, including industrial shutdowns and space monitoring solutions.
Market Cap
GBP 227.2M
Pitch Price
GBP 5.56
Price Target
N/A
Dividend
6.87%
EV/EBITDA
4.15
P/E
15.76
EV/Sales
1.13
Sector
Trading Companies and Distributors
Category
N/A
Don't worry - Be VP - Don't worry be VP now
VP.L (overvalued): Equipment hire co trading 15.6x P/E on £225M mcap vs £14M avg profit 2022-25 (no growth). Brandon Hire writedowns continue after £71M 2018 acquisition now worth £1.8M. 'Inline' FY26 guidance shows minimal improvement. Recurring restructuring costs mask true profitability. Rail CP7 delays & construction weakness risks. Overvalued at £5.60 vs fundamentals.
Read full article (5 min)