Added to YB: 2026-03-16
Pitch date: 2026-03-13
VTY.L [neutral]
Vistry Group PLC
Author Info
Etruscan Capital writes about micro-caps you have never heard of. Sign up for the newsletter.
Company Info
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers single family housing model.
Market Cap
GBP 1.3B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.45
P/E
9.59
EV/Sales
0.42
Sector
Household Durables
Category
value
Vistry PLC - It Can't Go On Like This Can It? (It Can) - Q1 26' Update
VTY.L (update): Trading 6.5x '25 EPS at 14yr lows despite 15% UK affordable housing mkt share. Discounting open mkt homes to boost volumes pre-spring. Bidding for Strategic Plus Partner status = £700M govt grants '26-36 vs £1.3B mkt cap. London partners getting £11.7B grants, Vistry targeting 15% share=£175M/yr. 40% ROCE target maintained vs 13.9% current; needs WIP reduction. CEO transition '27 but partnership model stays. Catalysts: funding decision mid-'26, spring sales.
Read full article (9 min)