Professional
Added to YB: 2026-02-27
Pitch date: 2026-02-24
JMAT.L [neutral]
Johnson Matthey Plc
Author Info
No bio for this author
Company Info
Johnson Matthey Plc engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally.
Market Cap
GBP 3.3B
Pitch Price
GBP 19.75
Price Target
N/A
Dividend
3.93%
EV/EBITDA
7.98
P/E
-35.92
EV/Sales
0.36
Sector
Chemicals
Category
special_situation
KEDM Lite Vol. 3 - Johnson Matthey (JMAT LN)
JMAT.L (update): Honeywell slashed Catalyst Tech purchase price from £1.8bn to £1.325bn after delays, shares -17%. Deal proceeding; mgmt plans ~£1bn capital return via special dividend + buybacks on £3.2bn market cap (~31% return to shareholders) post-close.
Read full article (1 min)