Added to YB: 2026-02-25
Pitch date: 2026-02-16
TON.L [bullish]
Titon Holdings Plc
Author Info
No bio for this author
Company Info
Titon Holdings Plc, together with its subsidiaries, designs, manufactures, and supplies mechanical ventilation systems, and window and door hardware products in the United Kingdom, North America, Europe, and internationally.
Market Cap
GBP 10.7M
Pitch Price
GBP 0.95
Price Target
2.73 (+187%)
Dividend
N/A
EV/EBITDA
13.37
P/E
98.05
EV/Sales
0.48
Sector
Building Products
Category
turnaround
Turnaround Play with 100% of Enterprise Value in Hidden Asset - Titon Holdings Plc
TON.L: Turnaround w/ 87%-100% downside protection from £5.8M factory (70% utilized). New mgmt cut headcount 33%, sold Korea div, targeting 10% rev growth & 15% margin by 2028. Pre-COVID £2M FCF capability. Base case 156p (73% upside), bull 273p (204% upside), bear 85p (6% down). Moat from spec-led selling in UK ventilation. Risk: UK residential new builds macro.
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