Added to YB: 2024-10-08
Pitch date: 2024-10-06
JLG.AX [bullish]
Johns Lyng Group Limited
+11.82%
current return
Author Info
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Company Info
Johns Lyng Group Limited provides integrated building services in Australia, New Zealand, and the United States.
Market Cap
AUD 1.1B
Pitch Price
AUD 3.57
Price Target
11.00 (+176%)
Dividend
N/A
EV/EBITDA
10.33
P/E
30.08
EV/Sales
1.09
Sector
Construction and Engineering
Category
growth
Johns Lyng Group (AU:JLG)
JLG.AX: Leading AU building services co. Organic growth >10%, fragmented market. BaU (stable) & CAT (unpredictable) revenue streams. Expanding in US. Strong mgmt owns 17%+. Asset-light, high EBITDA growth. Risks: insurer relations, poor end-user reviews. Dilution concern. 2029 PT: $11. Defensive growth play w/ 10-15% organic CAGR + M&A upside.
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