Added to YB: 2026-04-22
Pitch date: 2026-04-20
BRCK.L [bullish]
BRCK Group plc
-1.83%
current return
Author Info
Spread Hunters is an investor community focused on hunting spreads: opportunities where there is a mismatch between market price and the value we see in special situations, merger arbitrage, odd‑lots and other corporate events. Sign up for the newsletter.
Company Info
BRCK Group plc, together with its subsidiaries, distributes specialist products and services to the construction industry in the United Kingdom.
Market Cap
GBP 180.5M
Pitch Price
GBP 0.55
Price Target
1.00 (+87%)
Dividend
6.27%
EV/EBITDA
4.99
P/E
17.15
EV/Sales
0.41
Sector
Trading Companies and Distributors
Category
special_situation
BRCK: Non-binding offer that seems opportunistic
BRCK.L: Atlas's 65p non-binding offer rejected by Board as opportunistic. Stock at ~56p offers attractive risk/reward: conservative 5.5x EV/EBITDA yields 100p intrinsic value vs 75p standalone target. UK construction materials distributor w/ 4-division model (Bricks, Importing, Distribution, Contracting). Rule 2.4 offer, firm 2.7 deadline Apr 28. Risks: non-binding may not close, AIM micro-cap liquidity, UK real estate cycle exposure.
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