Added to YB: 2026-01-06
Pitch date: 2026-01-02
BME.L [bullish]
B&M European Value Retail S.A.
+12.89%
current return
Author Info
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Company Info
B&M European Value Retail S.A. retails general merchandise products and groceries. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express brand names in the United Kingdom, as well as stores under the B&M brand name in France.
Market Cap
GBP 1.7B
Pitch Price
GBP 1.66
Price Target
N/A
Dividend
16.69%
EV/EBITDA
5.15
P/E
6.84
EV/Sales
0.71
Sector
Broadline Retail
Category
turnaround
2025 Annual Letter - The B&M Thesis: A Return to Basics
BME.L: Discount retailer w/ new CEO's 'Back to Basics' strategy. Bear case: margins compress 10.9% to 7.5% permanently (stock priced at 7.5x P/E). Bull case: return to historic profitability + 1,200 store expansion = <5x 2027 P/E. CEO bought £1.6M shares early tenure.
Read full article (1 min)