Added to YB: 2025-12-09
Pitch date: 2025-12-04
GRG.L [neutral]
Greggs plc
-1.33%
current return
Author Info
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Company Info
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks, as well as ready to drink canned products.
Market Cap
GBP 1.6B
Pitch Price
GBP 16.50
Price Target
N/A
Dividend
4.38%
EV/EBITDA
5.93
P/E
11.16
EV/Sales
0.97
Sector
Hotels, Restaurants and Leisure
Category
value
Greggs PLC: Undervalued, but how good is the business?
GRG.L (pass): UK food chain scores 41/80 quality points vs 53 avg portfolio. 17% past growth slowing to 6% median. Targets 3,500 stores from 2,675 (+31%). 10.7x EBIT, FCF margins should recover to 10% as capex drops from 14% to 5% of revenue. Pass: retail moat concerns, limited growth.
Read full article (7 min)