Added to YB: 2026-03-13
Pitch date: 2026-03-11
IGR.L [bullish]
IG Design Group plc
Author Info
Mr Deep-Value spends their days searching for absurdly cheap stocks and hidden value. They write about their best ideas. Sign up for the newsletter.
Company Info
IG Design Group plc engages in the design, production, and distribution of gift packaging, arty, goods not for resale, craft, stationery, and homeware consumable products in the Americas, the United Kingdom, Netherlands, and internationally.
Market Cap
GBP 74.7M
Pitch Price
GBP 0.58
Price Target
0.90 (+54%)
Dividend
N/A
EV/EBITDA
6.67
P/E
-0.74
EV/Sales
0.17
Sector
Household Durables
Category
value
A UK Listed Market-Leader for 0.9x TBV - IG Design Group plc
IGR.L: UK celebration/creative products supplier (gift wrap, party goods, stationery) trading 0.9x TBV after US division amputation. $280M rev target, 4-5% op margin, ~$7M est FCF = 18x EV/FCF. Hidden value: $10M US liquidation proceeds (75% share), $30M property upside vs $16.5M book. Market ignoring $40M hidden assets = 50% of $80M mcap. Risks: lease guarantees to sold US unit. PT £0.90 vs £0.57 = 58% upside as ops normalize.
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