Added to YB: 2025-12-10
Pitch date: 2025-12-06
NTBR.L [bullish]
Northern Bear PLC
-17.05%
current return
Author Info
No bio for this author
Company Info
Northern Bear PLC, together with its subsidiaries, provides building and support services to local authorities, housing associations, NHS trusts, universities, construction companies, and national house builders in Northern England and internationally.
Market Cap
GBP 21.0M
Pitch Price
GBP 1.52
Price Target
N/A
Dividend
1.64%
EV/EBITDA
2.63
P/E
5.13
EV/Sales
0.21
Sector
Household Durables
Category
value
Northern Bear PLC: The Cash Crucible—Capital Allocation Options for a Deeply Discounted Microcap
NTBR.L: 95% of FY profit achieved by Sept 30. Projecting £5M net cash by Mar 2026 (25% market cap). Share buybacks at 20.7% earnings yield vs 8% debt cost highly accretive. Should prioritize aggressive repurchases over acquisitions given 4.8x cash-adj P/E. Alcor divestiture recommended (8.2% return vs 20.7% buyback yield).
Read full article (3 min)