Added to YB: 2026-02-06
Pitch date: 2026-02-05
BNZL.L [bullish]
Bunzl plc
-1.3%
current return
Author Info
Colubeat Investment Desk writes and shares analysis on exceptional companies with sustainable moats. Sometimes undervalued, always high quality. Sign up for the newsletter.
Company Info
Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally.
Market Cap
GBP 6.6B
Pitch Price
GBP 21.46
Price Target
N/A
Dividend
3.61%
EV/EBITDA
7.73
P/E
14.05
EV/Sales
0.75
Sector
Trading Companies and Distributors
Category
value
BUNZL PLC (LON: BNZL)
BNZL.L: Logistics utility trading at 11.4x P/E (vs historical 16-18x) with 97% cash conversion & 9% FCF yield. Recovering from US centralization errors, margins compressed to 7% but stabilizing. £700M annual buybacks at discount + 3.2% dividend = 8%+ return floor. Private label at 30% provides pricing power.
Read full article (16 min)